TIDMHSW
RNS Number : 9998Q
Hostelworld Group PLC
11 June 2018
LEI: 213800OC94PF2D675H41
Hostelworld Group plc
(the "Company")
RESULTS OF 2018 ANNUAL GENERAL MEETING
The Annual General Meeting ("AGM") of Hostelworld Group Plc (the
"Company") was held at the offices of the Company, Floor 2, One
Central Park, Leopardstown, Dublin 18, Ireland at 12 noon
today.
At the AGM resolutions 1 - 3 and 5 - 15 that were set out in the
notice of AGM were duly passed on a show of hands. Following the
announcement by the Company on 14 May 2018 that Feargal Mooney
would step down as a director of the Company following the AGM, a
motion was put to the meeting to withdraw Resolution 4 seeking his
re-election as a director. This motion was approved at the AGM and
Resolution 4 was duly withdrawn.
The proxy votes were cast as follows:
Resolution For Against Votes withheld* Total proxy Percentage
votes cast of issued
share capital
voted (%)
1. To adopt the reports
of the Directors
and Auditors and
the audited accounts
for the financial
year ended 31 December
2017 86,493,682 5,723 1,500 86,499,405 90.51%
(99.99%) (0.01%)
----------- ----------- ---------------- ------------ ---------------
2. To approve the
Directors' remuneration
report 82,397,515 2,777,512 1,325,878 85,175,027 89.12%
(96.74%) (3.26%)
----------- ----------- ---------------- ------------ ---------------
3. To declare a final
dividend of EUR0.12
per ordinary share 85,404,778 1,096,128 0 86,500,906 90.51%
(98.73%) (1.27%)
----------- ----------- ---------------- ------------ ---------------
4. To re-elect Feargal
Mooney as a director Resolution withdrawn
-------------------------------------------------------------------------
5. To re-elect Michael
Cawley as a director 84,607,815 568,946 1,324,143 85,176,761 89.12%
(99.33%) (0.67%)
----------- ----------- ---------------- ------------ ---------------
6. To re-elect Andy
McCue as a director 85,033,867 1,467,038 0 86,500,905 90.51%
(98.30%) (1.70%)
----------- ----------- ---------------- ------------ ---------------
7. To elect Carl
Shepherd as a director 86,398,279 102,627 0 86,500,906 90.51%
(99.88%) (0.12%)
----------- ----------- ---------------- ------------ ---------------
8. To elect Éimear
Moloney as a director 86,188,320 312,586 0 86,500,906 90.51%
(99.64%) (0.36%)
----------- ----------- ---------------- ------------ ---------------
9. To re-appoint
Deloitte as auditors
to the Company 85,165,406 1,335,499 0 86,500,905 90.51%
(98.46%) (1.54%)
----------- ----------- ---------------- ------------ ---------------
10. To authorise
the Directors to
fix the auditors'
remuneration 86,499,406 1,500 0 86,500,906 90.51%
(100%) (0.00%)
----------- ----------- ---------------- ------------ ---------------
11. To authorise
the directors to
allot shares 71,371,623 15,129,033 250 86,500,656 90.51%
(82.51%) (17.49%)
----------- ----------- ---------------- ------------ ---------------
12. To authorise
the directors to
dis-apply pre-emption
rights 86,114,156 386,500 250 86,500,656 90.51%
(99.55%) (0.45%)
----------- ----------- ---------------- ------------ ---------------
13. To authorise
the Company to purchase
its own shares 84,056,542 2,430,377 13,986 86,486,919 90.50%
(97.18%) (2.81%)
----------- ----------- ---------------- ------------ ---------------
14. To authorise
the Company to make
political donations
and incur political
expenditure 84,778,026 398,736 1,324,143 85,176,762 89.12%
(99.53%) (0.47%)
----------- ----------- ---------------- ------------ ---------------
15. To authorise
the calling of a
general meeting other
than an Annual General
Meeting on not less
than 14 clear days'
notice 85,763,322 736,099 1,485 86,499,421 90.51%
(99.15%) (0.85%)
----------- ----------- ---------------- ------------ ---------------
Notes:
(i) Votes 'For' include those votes giving the Chairman discretion.
(ii) The number of ordinary shares in issue on 11 June 2018
(excluding shares held in treasury) was 95,570,778. Shareholders
are entitled to one vote per share.
(iii) A vote withheld is not a vote in law and is not counted in
the calculation of the proportion of votes validly cast.
Resolutions 1 to 3, 5 to 11 and 14 were passed as ordinary
resolutions and Resolutions 12, 13 and 15 were passed as special
resolutions.
In accordance with UK Listing Rule 9.6.2R copies of the
resolutions passed at the AGM have been submitted to the UK Listing
Authority via the National Storage Mechanism, and the Irish Stock
Exchange, and will shortly be available for inspection at
www.morningstar.co.uk/uk/NSM
A copy of this announcement setting out the results of the AGM
is also available on the Company's website at
www.hostelworldgroup.com.
The full text of each of the resolutions is set out in the
notice of AGM, copies of which are available on the Company's
website (www.hostelworldgroup.com).
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
RAGGGUPPQUPRGPG
(END) Dow Jones Newswires
June 11, 2018 08:24 ET (12:24 GMT)
Hostelworld (LSE:HSW)
Historical Stock Chart
From Apr 2024 to May 2024
Hostelworld (LSE:HSW)
Historical Stock Chart
From May 2023 to May 2024