Company Announcements

Results of Rio Tinto plc AGM

Source: RNS
RNS Number : 8519H
Rio Tinto PLC
08 April 2022
 

 

Rio Tinto plc annual general meeting

 

The annual general meeting of Rio Tinto plc was held on 8 April 2022.

 

Under Rio Tinto's dual listed companies structure established in 1995, decisions on significant matters affecting shareholders of Rio Tinto plc and Rio Tinto Limited in similar ways are taken through a joint electoral procedure.  Resolutions 1 to 17 (inclusive) and Resolution 22 of the Rio Tinto plc annual general meeting fall into this category, and the results of the voting on these resolutions will be announced shortly after the Rio Tinto Limited annual general meeting which will be held in Australia on 5 May 2022.

 

The remaining resolutions 18 to 21 (inclusive) were put to Rio Tinto plc shareholders on a poll at the annual general meeting today. The results of that poll are set out below.

 

The addresses given by the Chairman and the Chief Executive are available at www.riotinto.com/agm.

 

Resolutions

For/Discretion (no of votes)

% for / discretion

Against

(no of votes)

Total votes validly cast

% of issued share capital voted

Withheld*

18. General authority to allot shares

 

 906,818,271

 

 

98.51%

 

 

13,734,416

 

 

920,552,687

 

 

73.69%

 

 

2,155,910

 

19. Disapplication of pre-emption rights

 

915,306,396

 

 

99.47%

 

 

 4,854,016

 

 

920,160,412

 

 

73.66%

 

 

2,550,514

 

20. Authority to purchase Rio Tinto plc shares

 

732,358,932

 

 

79.51%

 

 

188,747,010

 

 

921,105,942

 

 

73.73%

 

 

1,602,135

 

21. Notice period for general meetings other than annual general meetings

 

878,544,694

 

 

95.37%

 

 

42,615,928

 

 

921,160,622

 

 

 

 

 

 

73.74%

 

 

1,547,188

 

 

*It should be noted that a vote 'withheld' is not a vote in law and is not counted in the calculation of the proportion of votes for and against each resolution.

 

For the purposes of section 341 of the UK Companies Act 2006, the votes validly cast are expressed in the table as a percentage of Rio Tinto plc's total issued share capital (excluding shares held in Treasury) as at 8pm on 6 April 2022, being the time at which a shareholder had to be registered in the Company's register of members in order to attend and vote at the annual general meeting. The number of shares in issue was 1,255,806,237 (excluding Treasury shares 1,249,216,054).

 

The Company notes that Resolution 20 'Authority to purchase Rio Tinto plc shares' was passed with less than 80% of votes in favour. Shining Prospect (a subsidiary of the Aluminium Corporation of China "Chinalco") voted against Resolution 20. Chinalco has not sold any of its shares in Rio Tinto plc and now has a holding of over 14% given its non-participation in the Company's significant share buyback programmes. This places Chinalco close to the 14.99% holding threshold agreed with the Australian Government at the time of its original investment in Rio Tinto.

 

In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

 

LEI: 213800YOEO5OQ72G2R82
Classification: 3.1. Additional regulated information required to be disclosed under the laws of a Member State

 

 

Contacts

Please direct all enquiries to media.enquiries@riotinto.com

 

Media Relations, UK

Illtud Harri

M +44 7920 503 600

 

David Outhwaite

M +44 7787 597 493

 

Media Relations, Americas

Matthew Klar

T +1 514 608 4429

 

Investor Relations, UK

Menno Sanderse

M: +44 7825 195 178

 

David Ovington

M +44 7920 010 978

 

Clare Peever

M +44 7788 967 877

 

Media Relations, Australia

Jonathan Rose

M +61 447 028 913

 

Matt Chambers

M +61 433 525 739

 

Jesse Riseborough

M +61 436 653 412

 

Investor Relations, Australia

Amar Jambaa

M +61 472 865 948

Rio Tinto plc

6 St James's Square
London SW1Y 4AD
United Kingdom
 

T +44 20 7781 2000
Registered in England

No. 719885

Rio Tinto Limited

Level 7, 360 Collins Street

Melbourne 3000

Australia

 

T +61 3 9283 3333

Registered in Australia

ABN 96 004 458 404

 

This announcement is authorised for release to the market by Steve Allen, Rio Tinto's Group Company Secretary.

 

riotinto.com

 

 

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