Result of AGM

Result of AGM

RNS Number : 1948V
Caledonia Investments PLC
19 July 2018
 

Caledonia Investments plc: Result of Annual General Meeting Caledonia Investments plc (the "Company") is pleased to announce that all of the resolutions proposed at its annual general meeting held on 19 July 2018 were duly passed. Resolutions 9, 10, 11 and 12 relating to the election and re-election of independent directors, were passed by separate majorities of all shareholders and of those shareholders who are independent of the Cayzer family concert party, the members of which are regarded as controlling shareholders for the purposes of the Listing Rules. The following table indicates the number of valid proxy votes lodged in advance of the meeting for each of the resolutions. It should be noted that votes withheld do not constitute votes in law and therefore are not counted in the number of votes for or against any resolution.

Resolution In favour Against Withheld Total lodged
No
No. % No. % No. No.
1 To receive and adopt the annual report and accounts for the year ended 31 March 2018 35,926,994 99.99 4,584 0.01 0 35,931,578
2 To approve the directors' remuneration report for the year ended 31 March 2018 (other than the directors' remuneration policy) 35,636,411 99.51 175,610 0.49 119,554 35,931,575
3 To approve and declare a final dividend of 41.5p per ordinary share 35,930,585 99.99 994 0.01 0

35,931,579

4 To re-elect Mr D C Stewart a director 34,999,022 97.84 771,830 2.16 160,726

35,931,578

5 To re-elect Mr W P Wyatt a director 35,883,939 99.88 44,227 0.12 3,413

35,931,579

6 To re-elect Mr S A King a director 35,852,951 99.79 74,985 0.21 3,643

35,931,579

7 To re-elect Mr J M B Cayzer-Colvin a director 35,224,518 98.04 705,140 1.96 1,920

35,931,578

8 To re-elect The Hon C W Cayzer a director 35,569,108 98.99 361,226 1.01 1,245

35,931,579

9 To re-elect Mr S J Bridges a director (all shareholders) 35,887,591 99.90 35,252 0.10 8,736

35,931,579

9 To re-elect Mr S J Bridges a director (independent shareholders) 10,381,211 99.66 35,252 0.34 8,506

10,424,969

10 To re-elect Mr C H Gregson a director (all shareholders) 35,913,082 99.96 15,529 0.04 2,968

35,931,579

10 To re-elect Mr C H Gregson a director (independent shareholders) 10,406,702 99.85 15,529 0.15 2,738

10,424,969

11 To re-elect Mrs S C R Jemmett-Page a director (all shareholders) 35,915,864 99.96 12,747 0.04 2,968

35,931,579

11 To re-elect Mrs S C R Jemmett-Page a director (independent shareholders) 10,409,484 99.88 12,747 0.12 2,738

10,424,969

12 To elect Mr G B Davison a director (all shareholders) 35,927,617 99.99 994 0.01 2,968

35,931,579

12 To elect Mr G B Davison a director (independent shareholders) 10,421,237 99.99 994 0.01 2,738

10,424,969

13 To re-appoint KPMG LLP as auditor 35,781,021 99.63 131,578 0.37 18,979

35,931,578

14 To authorise the directors to agree the auditor's remuneration 35,844,046 99.76 85,810 0.24 1,723

35,931,579

15 To grant the Company authority to make market purchases of its own shares 35,920,775 99.97 10,369 0.03 435

35,931,579

16 To approve the waiver of the mandatory offer provisions set out in Rule 9 of the City Code on Takeovers and Mergers in relation to the Cayzer Concert Party* 8,605,797 82.81 1,786,202 17.19 32,969

10,424,968

17 To authorise the allotment of unissued shares 35,839,290 99.98 6,688 0.02 85,601

35,931,579

18 To authorise the allotment of shares on a non pre-emptive basis 35,791,690 99.87 48,341 0.13 91,548

35,931,579

19 To authorise the convening of general meetings (other than annual general meetings) on not less than 14 clear days' notice 35,744,621 99.48 186,523 0.52 435

35,931,579

*As required by the City Code on Takeovers and Mergers, the Cayzer family concert party did not vote on this resolution. Each of the resolutions was voted on by way of a show of hands, other than resolution 16 which was voted on by way of a poll. The numbers of votes cast at the meeting on resolution 16 were 8,604,531 in favour and 1,787,363 against. At the date of the annual general meeting there were 55,373,734 ordinary shares with voting rights in issue. No shares are held in treasury. In accordance with Listing Rule 9.6.2R, copies of resolutions 15 to 19, being the resolutions passed as special business at the annual general meeting, have been submitted to the National Storage Mechanism and will shortly be available at: www.Hemscott.com/nsm.do.

Enquiries:

G P Denison,

Company Secretary

Tel: +44 (0)20 7802 8080

 

19 July 2018

 

END All of the resolutions proposed at the annual general meeting are also set out in the circular to shareholders incorporating the notice of the 2018 annual general meeting available on Caledonia's website at www.caledonia.com. Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.


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