TIDMBET
RNS Number : 5936Y
Betfair Group PLC
09 September 2015
Betfair Group plc (the "Company")
Results of 2015 Annual General Meeting
Betfair Group plc announces that the following resolutions were
approved at its Annual General Meeting held on Wednesday 9
September 2015. All Board Directors were in attendance.
All resolutions set out in the Notice of Meeting were duly
passed on a poll. The number of votes for and against each of the
resolutions put before the Meeting and the number of votes withheld
were as follows:
Resolutions Votes For(1) Votes Against Total votes Votes Withheld(2)
----------------------------------- ---------------------- --------------------- -------------- ------------------
No. of shares % No. of shares % No. of shares No. of shares
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
1. Receipt of financial statements
and the reports of the Directors
and the Auditors for the
financial year ended 30 April
2015 55,336,401 99.09 506,047 0.91 55,842,448 123,481
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
2. Approval of the Directors'
Remuneration Report 54,079,577 96.79 1,791,176 3.21 55,870,753 95,176
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
3. Declaration of a final dividend
of 25.0 pence 55,737,453 99.65 194,550 0.35 55,932,003 33,926
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
4. Re-election of Gerald Corbett
as a Director 52,125,278 93.31 3,738,555 6.69 55,863,833 102,096
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
5. Re-election of Breon Corcoran
as a Director 55,625,999 99.45 305,490 0.55 55,931,489 34,441
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
6. Re-election of Alexander Gersh
as a Director 55,593,344 99.45 305,490 0.55 55,898,834 34,441
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
7. Re-election of Ian Dyson as a
Director 55,538,166 99.41 332,073 0.59 55,870,239 95,691
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
8. Re-election of Peter Jackson as
a Director 55,732,678 99.70 165,821 0.30 55,898,499 67,430
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
9. Re-election of Zillah
Byng-Maddick as a Director 55,804,134 99.77 127,355 0.23 55,931,489 34,441
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
10. Re-election of Leo Quinn as a
Director 55,785,614 99.86 77,885 0.14 55,863,499 102,430
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
11. Re-election of Peter Rigby as
a Director 55,804,134 99.77 127,355 0.23 55,931,489 34,441
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
12. Election of Mark Brooker as a
Director 55,625,999 99.45 305,490 0.55 55,931,489 34,441
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
13. Reappointment of KMPG LLP as
auditors 53,555,972 96.14 2,149,571 3.86 55,705,543 345,938
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
14. Authority of the Directors to
set the auditors' remuneration 55,545,649 99.16 471,392 0.84 56,017,041 34,441
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
15. Authority to allot equity
securities 53,933,753 96.43 1,998,251 3.57 55,932,004 33,926
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
16. Disapplication of pre-emption
rights*** 53,684,410 98.36 895,730 1.64 54,580,140 1,471,341
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
17. Authority to purchase own
shares*** 55,826,462 99.81 105,542 0.19 55,932,004 33,926
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
18. Authority to make political
donations 52,082,861 93.03 3,901,346 6.97 55,984,207 67,274
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
19. Notice of general meetings*** 53,668,492 95.84 2,328,227 4.16 55,996,719 54,762
----------------------------------- -------------- ------ -------------- ----- -------------- ------------------
NOTES:
(1) Votes "For" and "Against" are expressed as a percentage of
votes received. The "For" votes include those giving the Chairman
discretion.
(2) A vote "Withheld" is not a vote in law and is not counted in
the calculation of the votes "For" or "Against" the resolution.
(3) The total number of ordinary shares in issue, excluding
Treasury Shares, on Monday 7 September 2015 was 92,896,239.
*** Denotes Special Resolutions
The full text of the resolutions can be found in the Notice of
Annual of General Meeting, which is available for inspection at the
National Storage Mechanism http://www.hemscott.com/nsm.do and also
on the Company's website at http://corporatebetfair.com/
A copy of the resolutions passed under special business (as
defined by the listing rules of the UK Listing Authority) will
shortly be submitted to the National Storage Mechanism for
inspection at http://www.hemscott.com/nsm.do and are detailed
below.
Special Business
16. To authorise the Board, subject to the passing of resolution
15 and in accordance with section 570 and section 573 of the 2006
Act, to allot equity securities
(as defined in the 2006 Act) for cash pursuant to the authority
conferred by resolution 15 as if section (1) of the 2006 Act did
not apply to the allotment.
This power:
(a) expires (unless previously renewed, varied or revoked by the
Company in a general meeting) at the end of the next AGM of the
Company after the date
on which this resolution is passed or, if earlier, at the close
of business on the day which is 15 months after the date on which
the resolution is passed,
but the Company may make an offer or agreement which would or
might require equity securities to be allotted after expiry of this
power and the Board
may allot equity securities in pursuance of that offer or
agreement as if this power had not expired; and
(b) shall be limited to the allotment of equity securities in
connection with an offer of equity securities (but in the case of
the authority granted
under resolution 15(i)(b), by way of a rights issue only):
(i) to ordinary shareholders in proportion (as nearly as may be
practicable) to their existing holdings; and
(ii) to holders of other equity securities, as required by the
rights of those securities or, if the Board considers it necessary,
as permitted by the rights
of those securities,
and so that the Board may impose any limits or restrictions and
make any arrangements which they consider necessary or appropriate
to deal with
treasury shares, fractional entitlements, record dates, legal,
regulatory or practical problems in, or under the laws of, any
territory or any other matter; and
(c) in the case of the authority granted under resolution
15(a)(i)(a), shall be limited to the allotment of equity
securities for cash otherwise than pursuant to paragraph (b)
above up to an aggregate nominal amount of GBP8,800.75.
This power applies in relation to a sale of shares which is an
allotment of equity securities by virtue of section 560(3) of the
2006 Act as if in the first paragraph of this resolution the words
"pursuant to the authority conferred by resolution 15"
were omitted.
17. To authorise the Company to make one or more market
purchases (within the meaning of section 693(4) of the 2006 Act) of
its ordinary shares, subject to the following conditions:
(a) the maximum number of ordinary shares authorised to be purchased is 9,263,948;
(b) the minimum price (exclusive of expenses) which may be paid
for an ordinary share is 0.095p; and
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