TIDMHOC
RNS Number : 4520B
Hochschild Mining PLC
06 June 2019
_________________________________________________________________________________
Result of AGM
Hochschild Mining PLC (the "Company") announces the results
detailed below of the poll taken at the Annual General Meeting
("AGM") held this afternoon at which all proposed resolutions were
passed.
The Board notes the level of votes against the re-election of
Dionisio Romero Paoletti in light of the number of publicly listed
boards of which he is a member. The Nominations Committee ("the
Committee") has considered the matter, noting that Mr Romero serves
on the Hochschild Board as a nominee director of the Company's
major shareholder, Pelham Investment Corporation, which is
ultimately controlled by Eduardo Hochschild.
Mr Romero has reassured the Committee of his availability and
commitment to the Company notwithstanding the number of external
directorships that he holds. The Company will engage with its major
shareholders to discuss any other particular concerns relating to
Mr Romero's board membership.
Copy of Resolutions
A copy of the resolutions passed as Special Business at the
Annual General Meeting is being submitted to the UK Listing
Authority and will shortly be available for inspection at the
National Storage Mechanism document viewing facility at:
http://www.morningstar.co.uk/uk/nsm
Note
The number of Ordinary Shares in issue on 4 June 2019 at 6pm was
510,553,920. Shareholders are entitled to one vote per share. A
vote withheld is not a vote in law and is not counted in the
calculation of the proportion of votes cast.
________________________________________________________________________________________________
Enquiries:
Hochschild Mining PLC
Raj Bhasin +44 (0)20 3709 3260
Company Secretary
Hudson Sandler
Charlie Jack +44 (0)20 7796 4133
Public Relations
________________________________________________________________________________________________
About Hochschild Mining PLC
Hochschild Mining PLC is a leading precious metals company
listed on the London Stock Exchange (HOCM.L / HOC LN) with a
primary focus on the exploration, mining, processing and sale of
silver and gold. Hochschild has over fifty years' experience in the
mining of precious metal epithermal vein deposits and currently
operates three underground epithermal vein mines, two located in
southern Peru and one in southern Argentina. Hochschild also has
numerous long-term projects throughout the Americas.
Resolution VOTES FOR % OF VOTES AGAINST % OF TOTAL VOTES VOTES WITHHELD
VOTES VOTES
CAST CAST
(1) (1)
----------------------- ------------ ------- -------------- ------- ------------ -------------------
Receipt of 2018
Report and
1 Accounts 406,811,000 99.98 69,907 0.02 406,880,907 986,010
Approve 2018
Directors'
Remuneration
2 Report 349,704,099 86.21 55,937,042 13.79 405,641,141 2,225,776
Approve the final
3 dividend 407,866,918 100.00 0 0.00 407,866,918 0
Re-elect Graham
4 Birch 393,335,589 96.44 14,529,668 3.56 407,865,257 1,661
Votes of the
independent
shareholders(2) 134,770,216 90.27 14,529,668 9.73 149,299,884 1,661
Re-elect Jorge
5 Born Jr. 407,189,607 99.83 675,649 0.17 407,865,256 1,661
Votes of the
independent
shareholders(2) 148,624,234 99.55 675,649 0.45 149,299,883 1,661
Re-elect Ignacio
6 Bustamante 407,139,471 99.82 725,785 0.18 407,865,256 1,661
Re-elect Eduardo
7 Hochschild 368,922,780 90.45 38,942,476 9.55 407,865,256 1,661
Re-elect Eileen
8 Kamerick 392,463,648 96.22 15,401,609 3.78 407,865,257 1,661
Votes of the
independent
shareholders(2) 133,898,275 89.68 15,401,609 10.32 149,299,884 1,661
Re-elect Dionisio
9 Romero Paoletti 305,327,779 75.85 97,237,477 24.15 402,565,256 5,301,661
Re-elect Michael
10 Rawlinson 391,346,182 95.95 16,519,075 4.05 407,865,257 1,661
Votes of the
independent
shareholders(2) 132,780,809 88.94 16,519,075 11.06 149,299,884 1,661
Re-elect Sanjay
11 Sarma 407,351,088 99.87 514,168 0.13 407,865,256 1,661
Votes of the
independent
shareholders(2) 148,785,715 99.66 514,168 0.34 149,299,883 1,661
Re-appoint Ernst
& Young LLP as
12 auditors 407,686,768 99.96 180,149 0.04 407,866,917 0
Authorise the
Audit Committee
to
set the auditors'
13 remuneration 407,740,663 99.97 124,594 0.03 407,865,257 1,661
14 Authorise
directors to
allot
shares/grant
rights to
subscribe for or
to convert
any securities
into shares 407,056,418 99.80 808,089 0.20 407,864,507 2,411
Disapply
statutory
pre-emption
15 rights 407,860,228 100.00 4,279 0.00 407,864,507 2,411
Disapply
statutory
pre-emption
rights to finance
an acquisition
or other capital
16 investment 407,117,396 99.82 747,860 0.18 407,865,256 1,661
Authorise the
Company to make
market
purchases of own
17 shares 402,421,438 98.67 5,433,293 1.33 407,854,731 12,186
Authorise general
meetings other
than AGMs to be
called on not
less
than 14 clear
18 days' notice 404,011,228 99.05 3,855,690 0.95 407,866,918 0
1. Excludes votes withheld
2. Under Listing Rule 9.2.2E R, resolutions on the re-election
of any independent director must be approved by (a) the
shareholders of the Company; and (b) the independent shareholders
of the Company.
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END
RAGSSEFMMFUSEIM
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