Result of AGM
24 January 2023
Marston's PLC (the "Company") is pleased to announce that at its Annual General Meeting, held on 24 January 2023, all the resolutions proposed in the Notice of Meeting were passed on a poll. Full details of the total number of votes received for each resolution are set out below and will also be made available on the Company's website: www.marstonspubs.co.uk
A copy of the resolutions passed at the AGM that the Company considers to be non-routine business will be submitted to the Financial Conduct Authority's Electronic Submission Service and will shortly be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
|
|
VOTES FOR |
% |
VOTES AGAINST |
% |
VOTES TOTAL |
% of ISC VOTED |
VOTES WITHHELD |
|
|
1 |
Receive the Annual Report and Accounts |
68,153,721 |
98.29 |
1,187,031 |
1.71 |
69,340,752 |
37.01% |
27,037 |
|
2 |
Approve the Directors' Remuneration Policy |
64,571,195 |
93.20 |
4,709,941 |
6.80 |
69,281,136 |
36.97% |
86,649 |
|
3 |
Approve the Annual Report Remuneration |
63,667,725 |
93.26 |
4,599,791 |
6.74 |
68,267,516 |
36.43% |
1,100,272 |
|
4 |
Elect Nick Varney |
69,190,058 |
99.81 |
128,697 |
0.19 |
69,318,755 |
36.99% |
49,031 |
|
5 |
Re-elect Andrew Andrea |
69,162,157 |
99.77 |
157,407 |
0.23 |
69,319,564 |
37.00% |
48,221 |
|
6 |
Re-elect Bridget Lea |
67,680,789 |
97.64 |
1,632,825 |
2.36 |
69,313,614 |
36.99% |
54,172 |
|
7 |
Re-elect Hayleigh Lupino |
69,137,900 |
99.75 |
173,543 |
0.25 |
69,311,443 |
36.99% |
56,344 |
|
8 |
Re-elect Octavia Morley |
64,639,266 |
93.26 |
4,668,329 |
6.74 |
69,307,595 |
36.99% |
60,190 |
|
9 |
Re-elect Matthew Roberts |
67,651,935 |
97.61 |
1,655,998 |
2.39 |
69,307,933 |
36.99% |
59,849 |
|
10 |
Re-elect William Rucker |
66,429,850 |
95.83 |
2,888,925 |
4.17 |
69,318,775 |
36.99% |
49,007 |
|
11 |
Re-appoint KPMG as Auditors |
68,041,651 |
98.15 |
1,282,898 |
1.85 |
69,324,549 |
37.00% |
43,238 |
|
12 |
Authorise Auditors' remuneration |
69,163,272 |
99.77 |
161,576 |
0.23 |
69,324,848 |
37.00% |
42,941 |
|
13 |
Approve Sharesave Scheme |
69,173,084 |
99.81 |
132,658 |
0.19 |
69,305,742 |
36.99% |
62,046 |
|
14 |
Approve Long Term Incentive Plan |
64,859,760 |
93.59 |
4,442,063 |
6.41 |
69,301,823 |
36.99% |
65,964 |
|
15 |
Authority to allot shares |
66,045,831 |
95.29 |
3,262,025 |
4.71 |
69,307,856 |
36.99% |
59,933 |
|
16 |
Disapplication of pre-emption rights |
65,970,173 |
95.20 |
3,325,939 |
4.80 |
69,296,112 |
36.98% |
71,675 |
|
17 |
Authority to make market purchases of own shares |
68,062,081 |
98.16 |
1,274,040 |
1.84 |
69,336,121 |
37.00% |
31,668 |
|
18 |
Short notice of general meetings |
68,813,803 |
99.26 |
515,953 |
0.74 |
69,329,756 |
37.00% |
38,032 |
Notes:
(i) Resolutions 1 to 15 were ordinary resolutions, requiring more than 50% of shareholder votes to be 'for' the resolutions.
(ii) Resolutions 16 to 18 were special resolutions, requiring not less than 75% of shareholder votes to be 'for' the resolutions.
(iii) Any proxy appointments which gave discretion to the Chair have been included in the 'for' total.
(iv) A 'vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'for' and 'against' a resolution.
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