Result of AGM

Source: RNS
RNS Number : 5198K
Costain Group PLC
05 May 2022
 

 

5 MAY 2022

 

Costain Group PLC

(the "Company")

 

RESULTS OF 2022 AGM

 

At the Company's Annual General Meeting held on 5 May 2022 (the "AGM"), the resolutions set out in the Notice of Meeting, circulated to shareholders on 30 March 2022, were passed by the requisite majorities. Resolutions 1 to 16 were passed as ordinary resolutions and Resolutions 17 to 21 were passed as special resolutions.

 

As at 6.30pm on 3 May 2022, the number of issued shares in the Company was 274,949,741 ordinary shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. In accordance with the Company's Articles of Association, the resolutions were put to the meeting on a poll in which every member present in person or by proxy had one vote for every share held.

 

The poll results, on which EQ, the Company's registrar, acted as scrutineer are as follows:

 

RESOLUTION

 

 

 

NUMBER OF VOTES

FOR

% of Votes Cast

NUMBER OF VOTES AGAINST

% of Votes Cast

TOTAL VOTES

CAST

% of

Issued Share Capital Voted

 

NUMBER OF VOTES WITHHELD

Resolution 1

Receive the 2021 Annual Report and Accounts

 

177,614,044

99.98

37,637

0.02

177,651,681

64.61%

50,206

Resolution 2

Approve the Directors' Remuneration Report

 

132,739,031

87.94

18,199,623

12.06

150,938,654

54.90%

26,763,213

Resolution 3

Re-elect Paul Golby

 

176,507,077

99.35

1,147,064

0.65

177,654,141

64.61%

47,726

Resolution 4

Re-elect Alex Vaughan

 

177,325,773

99.82

318,645

0.18

177,644,418

64.61%

57,449

Resolution 5

Re-elect Helen Willis

 

177,352,265

99.84

288,015

0.16

177,640,280

64.61%

61,587

Resolution 6

Re-elect Bishoy Azmy

 

176,817,260

99.54

811,437

0.46

177,628,697

64.60%

73,170

Resolution 7

Elect Neil Crockett

 

177,367,239

99.86

255,785

0.14

177,623,024

64.60%

78,843

Resolution 8

Re-elect Jacqueline de Rojas

 

176,576,020

99.40

1,064,415

0.60

177,640,435

64.61%

61,432

Resolution 9

Re-elect Tony Quinlan

 

176,865,567

99.56

773,523

0.44

177,639,090

64.61%

62,777

Resolution 10

Elect Fiona MacAulay

 

165,422,109

93.12

12,217,053

6.88

177,639,162

64.61%

62,705

Resolution 11

Re-appoint PwC

as auditor

 

177,103,443

99.84

288,742

0.16

177,392,185

64.52%

309,682

Resolution 12

Authorise the auditor's remuneration

 

177,511,256

99.92

139,512

0.08

177,650,768

64.61%

51,119

Resolution 13

Authorise political donations

 

158,424,203

89.19

19,206,367

10.81

177,630,570

64.60%

71,297

Resolution 14

Authorise the allotment of shares

 

177,151,660

99.75

451,709

0.25

177,603,369

64.59%

98,498

Resolution 15

Authorise renewal of the Scrip Dividend Scheme

 

177,341,314

99.83

309,231

0.17

177,650,545

64.61%

51,322

Resolution 16

Approve the Costain 2022 Sharesave Plan

 

177,162,063

99.72

498,560

0.28

177,660,623

64.62%

41,244

Resolution 17

Approve the disapplication of pre-emption rights (general)

 

173,138,405

97.47

4,492,674

2.53

177,631,079

64.60%

70,788

Resolution 18

Approve the disapplication of pre-emption rights (acquisition or capital investment)

 

173,174,824

97.50

4,448,602

2.50

177,623,426

64.60%

78,441

Resolution 19

Authorise the purchase of own shares

 

177,373,646

99.84

286,499

0.16

177,660,145

64.62%

41,722

Resolution 20

Adopt new Articles of Association

 

177,160,512

99.86

245,781

0.14

177,406,293

64.52%

295,574

Resolution 21

Approve the holding of General Meetings (other than AGMs) on 14 clear days' notice

 

176,808,261

99.51

866,505

0.49

177,674,766

64.62%

27,101

 

Notes:

1.   There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM.

2.   Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).

3.   A vote withheld is not a vote in law and is not included in the calculation of the votes 'For' or 'Against' the resolutions, nor the total votes cast.

4.   Any proxy appointments which gave discretion to the Chair have been included in the 'For' totals.

 

In accordance with Listing Rule 9.6.2R, copies of all resolutions passed at the AGM today, other than those concerning ordinary business, will be submitted to the National Storage Mechanism, where they will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. In addition, copies of these resolutions will also be filed with Companies House.

The results of the 2022 AGM will be available to view on the Company's website at www.costain.com.

                                                                                                             

 

                                                                                                                                                                               

 

ENQUIRIES

 

Investors and analysts

Louise Bryant, Costain                                                +44 7813 210 809

 

Financial media - Headland                                      costain@headlandconsultancy.com

Andy Rivett-Carnac                                                    +44 7968 997 365

 

 

 

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