Capita plc - Announcement of AGM Results
Announcement of AGM Results
At the Annual General Meeting of
Resolution 11: Re-election of
The Board notes, and is disappointed, that Resolution 11 received less than 80% of the votes cast in favour.
The Board is proud to have been the first
However, the Board notes the concerns of certain shareholders that Lyndsay as a non-independent director is a member of the Remuneration Committee. The Board will consult with shareholders on this matter to further understand and address their concerns.
A further statement detailing the outcome of the Company’s discussion with its shareholders, including any actions taken as a result, will be published by the Company by no later than
Resolution 2: 2021 Directors’ Remuneration Report
Resolution 2 to approve the Directors’ Remuneration Report for the year ended
However, following discussions between the Chair of the Remuneration Committee and a number of Capita’s major shareholders, the Board confirms that it is the Company’s intention to repay the furlough related income of c.£5m received in 2021 under the Coronavirus Job Retention Scheme. The repayment will be made at the end of the Company’s publicly stated disposal programme and no later than the end of H1 2023.
RESOLUTION VOTES % VOTES % VOTES % OF VOTES FOR AGAINST TOTAL ISC WITHHELD VOTED 1 To approve 1,174,139,956 99.98 225,565 0.02 1,174,365,521 69.73% 1,670,882 the Report & Accounts for the year ended 31 December 2021 2 To approve 1,148,723,621 98.01 23,356,565 1.99 1,172,080,186 69.59% 3,956,217 the Directors’ Remuneration Report 3 To re-elect 1,140,623,934 97.09 34,233,861 2.91 1,174,857,795 69.75% 1,178,613 Jonathan Lewis as a Director 4 To elect Tim 1,100,753,777 93.64 74,709,377 6.36 1,175,463,154 69.79% 573,249 Weller as a Director 5 To re-elect 1,165,589,473 99.21 9,315,979 0.79 1,174,905,452 69.76% 1,130,951 David Lowden as a Director 6 To re-elect 1,174,991,853 99.96 476,704 0.04 1,175,468,557 69.79% 567,846 Matthew Lester as a Director. 7 To re-elect 1,169,215,689 99.47 6,255,348 0.53 1,175,471,037 69.79% 565,371 Georgina Harvey as a Director 8 To re-elect 1,174,369,496 99.91 1,107,783 0.09 1,175,477,279 69.79% 559,124 John Cresswell as a Director 9 To elect 1,141,920,592 97.14 33,566,157 2.86 1,175,486,749 69.79% 549,659 Nneka Abulokwe as a Director 10 To re-elect 1,172,771,385 99.79 2,455,663 0.21 1,175,227,048 69.78% 809,355 Neelam Dhawan as a Director 11 To re-elect 889,140,039 75.64 286,315,530 24.36 1,175,455,569 69.79% 580,834 Lyndsay Browne as a Director 12 To re-elect 1,153,839,991 98.16 21,626,448 1.84 1,175,466,439 69.79% 569,964 Joseph Murphy as a Director 13 To re-appoint 1,153,818,670 98.16 21,634,550 1.84 1,175,453,220 69.79% 583,188 KPMG as Auditor of the Company 14 To authorise 1,064,239,707 90.57 110,863,994 9.43 1,175,103,701 69.77% 932,702 the Audit & Risk Committee to fix the Auditor’s remuneration. 15 To authorise 1,169,583,776 99.50 5,870,081 0.50 1,175,453,857 69.79% 582,546 the Directors to allot shares 16 To authorise 1,141,807,298 97.14 33,657,075 2.86 1,175,464,373 69.79% 572,030 the Company to dis-apply statutory pre-emption rights 17 To approve 1,170,518,868 99.58 4,947,459 0.42 1,175,466,327 69.79% 570,076 the calling of a general meeting other than an annual general meeting on not less than 14 clear days’ notice. 18 To authorise 1,175,016,279 99.97 410,660 0.03 1,175,426,939 69.79% 609,464 market purchase of shares
Please note a ‘vote withheld’ is not a vote under English law and is therefore not included in the calculation of votes ‘for’ and ‘against’ a resolution.
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