Company Announcements

Result of AGM

Source: RNS
RNS Number : 8169L
Fresnillo PLC
17 May 2022
 

                                                                                                        Fresnillo plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com

 

 

17 May 2022

 

FRESNILLO PLC - RESULT OF AGM

 

The Board is pleased to announce that all of the resolutions put to shareholders at today's Annual General Meeting were passed by means of a poll, including the ordinary resolutions (resolutions 1 to 19) and special resolutions (resolutions 20 to 24) as set out in the Company's notice of AGM dated 13 April 2022. The votes cast for resolutions 10 to 16 relating to the re-election and election of the independent Directors were duly passed by both a majority of the votes cast by the independent shareholders as well as by a majority of votes cast by all shareholders. These votes have been calculated separately and are shown below (independent shareholder votes cast being marked **)

 

The final voting figures are shown below.

 

Resolution

Total Votes Cast

For (*)

Against (*)

Withheld

Number

%

Number

%

1: Presentation of the report and accounts

679,989,086

679,963,294

100.00

25,792

0.00

3,228,951

2: To approve the final dividend

683,188,024

682,968,450

99.97

219,574

0.03

30,013

3: To approve the Annual Report on Remuneration

683,185,348

671,132,588

98.24

12,052,760

1.76

32,689

4. To approve the Directors' Remuneration Policy,

683,183,300

669,091,311

97.94

14,091,989

2.06

34,737

5: To re-elect Mr Alejandro Baillères

680,066,956

632,261,180

92.97

47,805,776

7.03

3,151,081

6: To re-elect Mr Juan Bordes

682,685,694

675,352,672

98.93

7,333,022

1.07

532,343

7: To re-elect Mr Arturo Fernández

676,463,789

666,366,375

98.51

10,097,414

1.49

6,754,248

8: To re-elect Mr Fernando Ruiz

680,064,806

666,956,851

98.07

13,107,955

1.93

3,153,231

9: To re-elect Mr Eduardo Cepeda

683,171,306

679,007,067

99.39

4,164,239

0.61

46,731

10: To re-elect Mr Charles Jacobs

683,171,306

681,835,006

99.80

1,336,300

0.20

46,731

130,576,115**

129,239,815

98.98

1,336,300

1.02

46,731

11: To re-elect Ms Bárbara Garza Lagüera

683,173,406

679,929,593

99.53

3,243,813

0.47

44,631

130,578,215**

127,334,402

97.52

3,243,813

2.48

44,631

12: To re-elect Mr Alberto Tiburcio

683,173,405

671,204,438

98.25

11,968,967

1.75

44,632

130,578,214**

118,609,247

90.83

11,968,967

9.17

44,632

13: To re-elect Dame Judith Macgregor

683,171,306

683,121,658

99.99

49,648

0.01

46,731

130,576,115**

130,526,467

99.96

49,648

0.04

46,731

14: To re-elect Ms Georgina Kessel

683,173,406

682,624,597

99.92

548,809

0.08

44,631

130,578,215**

130,029,406

99.58

548,809

0.42

44,631

15: To re-elect Ms Guadalupe De la Vega

683,171,406

683,120,850

99.99

50,556

0.01

46,631

130,576,215**

130,525,659

99.96

50,556

0.04

46,631

16: To re-elect Mr Hector Rangel

683,169,306

682,620,065

99.92

549,241

0.08

48,731

130,574,115**

130,024,874

99.58

549,241

0.42

48,731

17: To re-appoint the auditors

683,178,909

678,062,621

99.25

5,116,288

0.75

39,128

18: To authorise the audit committee to determine the auditors' remuneration

683,185,110

681,193,866

99.71

1,991,244

0.29

32,422

19: To give authority to Directors allot shares

683,198,068

681,798,240

99.80

1,399,828

0.20

19,969

20: To disapply pre-emption rights

681,984,045

680,621,012

99.80

1,363,033

0.20

1,233,992

21: To disapply pre-emption rights in in connection with an acquisition or other capital investment

683,207,168

678,205,016

99.27

5,002,152

0.73

10,869

22: To authorise purchase of own shares

683,167,269

679,490,656

99.46

3,676,613

0.54

50,768

23: Notice of general meetings

683,182,770

681,721,052

99.79

1,461,718

0.21

35,267

24: To ratify distributions and to give authority to the Board to enter into deeds of release

130,584,567

126,994,713

97.25

3,589,854

2.75

38,281

 

(*) = Includes discretionary votes

(**) =Votes cast by the independent shareholders

 

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 736,893,589 shares in issue. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll. The scrutineer of the poll was Equiniti Limited.

In accordance with Listing Rule 9.6.2, Fresnillo plc has submitted a copy of the resolutions dealing with the special business put to shareholders at the AGM today to the National Storage Mechanism, which will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism 

 

ENDS

 

 

 

For further information, please visit our website www.fresnilloplc.com or contact:

 

FRESNILLO PLC    

London Office                             

Gabriela Mayor, Head of Investor Relations

Patrick Chambers

 

Tel: +44 (0)20 7399 2470

Mexico City Office

Ana Belem Zárate

Tel: +52 55 52 79 3206

 

POWERSCOURT

Peter Ogden

 

 

Tel: +44 (0)7793 858 211

 

ABOUT FRESNILLO PLC

 

Fresnillo plc is the world's largest primary silver producer and Mexico's largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.

Fresnillo plc has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos1, Noche Buena and San Julián (Veins and Disseminated Ore Body), two development projects - the Pyrites Plant at Fresnillo and Juanicipio, both of which have been completed but approvals to operate are pending, and three advanced exploration projects - Orisyvo, Rodeo and Guanajuato, as well as a number of other long term exploration prospects.

Fresnillo plc has mining concessions and exploration projects in Mexico, Peru and Chile.

Fresnillo plc has a strong and long tradition of exploring, mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver.

Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company and Mexico's largest gold producer.

1 Operations at Soledad-Dipolos are currently suspended.

 

FORWARD LOOKING STATEMENTS

Information contained in this announcement may include 'forward-looking statements'. All statements other than statements of historical facts included herein, including, without limitation, those regarding the Fresnillo Group's intentions, beliefs or current expectations concerning, amongst other things, the Fresnillo Group's results of operations, financial position, liquidity, prospects, growth, strategies and the silver and gold industries are forward-looking statements. Such forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Forward-looking statements are not guarantees of future performance and the actual results of the Fresnillo Group's operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates, may differ materially from those described in, or suggested by, the forward-looking statements contained in this document. In addition, even if the results of operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates are consistent with the forward-looking statements contained in this document, those results or developments may not be indicative of results or developments in subsequent periods. A number of factors could cause results and developments to differ materially from those expressed or implied by the forward-looking statements including, without limitation, general economic and business conditions, industry trends, competition, commodity prices, changes in regulation, currency fluctuations (including the US dollar and Mexican Peso exchanges rates), the Fresnillo Group's ability to recover its reserves or develop new reserves, including its ability to convert its resources into reserves and its mineral potential into resources or reserves, changes in its business strategy and political and economic uncertainty.

LEI: 549300JXWH1UV5J0XV81

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