Results of AGM

Source: RNS
RNS Number : 6641M
WPP PLC
24 May 2022
 

FOR IMMEDIATE RELEASE

24 May 2022

 

 

 

WPP PLC ("WPP")

 

Results of AGM

 

Following its Annual General Meeting (AGM) held at 2.00pm on Tuesday 24 May 2022, WPP plc (WPP) announces the results of the poll vote for each resolution set out in the Notice of AGM. The full text of the resolutions proposed at the AGM is included in WPP's Notice of AGM published on  31 March 2022, which is available on WPP's website at: www.wpp.com/investors.

 

Resolutions 1 to 20 were passed as ordinary resolutions and resolutions 21 to 23 were passed as special resolutions.

 

The following table shows the votes cast on each resolution:

 

Resolution

Total Votes  For

%

Total Votes Against

%

Total Votes Cast

Votes Withheld

1 Ordinary Resolution to receive the 2021 Annual Report and Accounts

896,362,753

99.93

646,184

0.07

897,008,937

4,196,198

2 Ordinary Resolution to declare a final dividend

900,742,472

99.95

433,013

0.05

901,175,485

29,650

3 Ordinary Resolution to approve the Compensation        Committee report

841,723,026

93.41

59,344,966

6.59

901,067,992

137,143

4 Ordinary Resolution to elect Simon Dingemans as a Director

847,247,357

94.11

52,990,712

5.89

900,238,069

967,066

5 Ordinary Resolution to re-elect Angela Ahrendts DBE as a Director

888,048,014

98.55

13,051,790

1.45

901,099,804

105,330

6 Ordinary Resolution to re-elect Sandrine Dufour as a Director

899,998,242

99.88

1,095,207

0.12

901,093,449

111,686

7 Ordinary Resolution to re-elect Tarek Farahat as a Director

898,638,952

99.73

2,454,784

0.27

901,093,736

111,398

8 Ordinary Resolution to re-elect Tom Ilube CBE as a Director

887,335,147

98.47

13,759,466

1.53

901,094,613

110,521

9 Ordinary Resolution to re-elect Roberto Quarta as a Director

875,457,434

97.16

25,634,598

2.84

901,092,032

113,102

10 Ordinary Resolution to re-elect Mark Read as a Director

896,625,043

99.50

4,467,703

0.50

901,092,746

112,389

11 Ordinary Resolution to re-elect John Rogers as a Director

899,423,247

99.82

1,657,666

0.18

901,080,913

124,222

12 Ordinary Resolution to re-elect Cindy Rose OBE as a Director

900,196,564

99.90

902,596

0.10

901,099,160

105,975

13 Ordinary Resolution to re-elect Nicole Seligman as a Director

842,069,893

93.45

59,025,651

6.55

901,095,544

109,590

14 Ordinary Resolution to re-elect Keith Weed CBE as a Director

896,629,988

99.86

1,216,686

0.14

897,846,674

3,358,461

15 Ordinary Resolution to re-elect Jasmine Whitbread as a Director

662,809,535

73.56

238,287,890

26.44

901,097,425

107,710

16 Ordinary Resolution to re-elect Dr. Ya-Qin Zhang as a Director

855,504,210

94.94

45,596,353

5.06

901,100,563

104,572

17 Ordinary Resolution to re-appoint Deloitte LLP as the auditor of the Company

882,755,520

97.96

18,385,799

2.04

901,141,319

59,242

18 Ordinary Resolution to authorise the Audit Committee, on behalf of the Board, to determine the auditor's remuneration

896,240,077

99.46

4,906,799

0.54

901,146,876

58,259

19 Ordinary Resolution to authorise the Directors to allot relevant securities

829,661,839

92.08

71,374,157

7.92

901,035,996

169,139

20 Ordinary Resolution to approve the renewal of the WPP plc Executive Performance Share Plan (EPSP) as amended

876,269,266

98.34

14,795,652

1.66

891,064,918

10,140,217

21 Special Resolution to authorise the Company to purchase its own shares

896,877,812

99.58

3,806,878

0.42

900,684,690

520,445

22 Special Resolution to authorise the Directors to allot equity securities wholly for cash

848,198,279

94.29

51,384,848

5.71

899,583,127

1,622,008



 

23 Special Resolution to authorise the disapplication of pre-emption rights

835,252,211

92.86

64,262,364

7.14

899,514,575

1,680,569

 

Resolution 15 - Re-election of Jasmine Whitbread

The Company was pleased that Resolution 15 relating to Jasmine Whitbread's re-election to the Board was supported but notes that a significant minority were not able to support her re-election at this time due to concerns about the number of other directorships of listed companies held by Jasmine, and the potential impact on her time commitment to WPP. The Board believes that Jasmine continues to devote sufficient time to discharge her duties. However, the Board takes seriously the results of the AGM and will continue to engage with shareholders to understand and respond to their views on the matter.

 

Notes:

 

(1)  The "for" votes include those giving the Chairman discretion.

(2)  Total votes "for" and "against" are expressed as a percentage of the total votes cast.

(3)  A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.

(4)  Issued Share Capital (excluding Treasury Shares): 1,098,813,213 ordinary shares.

 

The above poll results will shortly be available on WPP's website at www.wpp.com/investors. In accordance with Listing Rule 9.6.2 a copy of the resolutions, other than those concerning ordinary business of the Company, will be submitted to the FCA and will in due course be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

 

Balbir Kelly-Bisla

Company Secretary

 

Further information 

Chris Wade, WPP +44 (0)20 7282 4600 

 

About WPP

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients and communities. For more information, visit www.wpp.com.

 

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