TIDMSHI
RNS Number : 7209N
SIG PLC
10 May 2018
10 May 2018
SIG plc
("SIG" or the "Company")
Results of Annual General Meeting ("AGM")
LEI: 213800VDC1BKJEZ8PV53
SIG announces that Resolutions 1 to 10 and 12 to 17 contained in
the Notice of Annual General Meeting dated 4 April 2018 previously
circulated to shareholders were duly passed by way of a show of
hands at the Annual General Meeting ("AGM") of the Company held
earlier today. Resolution 11 was defeated by way of a poll.
A breakdown of the proxy votes lodged prior to the AGM for each
resolution are set out below:-
Resolution For Against Withheld
-------------------------------------- ------------ ------------ -----------
1. To receive the financial
statements 271,269,028 232,436,879 1,411,555
-------------------------------------- ------------ ------------ -----------
2. To approve the Annual Statement
by the Chair of the Remuneration
Committee and the Directors'
Report on Remuneration 456,590,411 10,396,427 38,130,624
-------------------------------------- ------------ ------------ -----------
3. To declare a final dividend 449,197,247 55,551,476 368,740
-------------------------------------- ------------ ------------ -----------
4. To elect Mr A Allner 441,991,280 58,541,519 4,584,662
-------------------------------------- ------------ ------------ -----------
5. To re-elect A Abt 452,098,424 52,640,136 378,902
-------------------------------------- ------------ ------------ -----------
6. To re-elect J E Ashdown 452,038,435 52,701,737 370,290
-------------------------------------- ------------ ------------ -----------
7. To re-elect I B Duncan 472,324,036 28,438,790 4,354,636
-------------------------------------- ------------ ------------ -----------
8. To re-elect M Ewell 450,723,310 54,017,657 373,495
-------------------------------------- ------------ ------------ -----------
9. To re-elect N W Maddock 503,402,881 1,333,658 380,924
-------------------------------------- ------------ ------------ -----------
10. To re-elect M Oldersma 501,968,585 2,773,883 374,995
-------------------------------------- ------------ ------------ -----------
11. To re-appoint Deloitte LLP
as Auditor 108,962,143 395,827,122 371,198
-------------------------------------- ------------ ------------ -----------
12. To authorise the Audit Committee
of the Board to determine the
Auditors' remuneration 503,323,009 1,423,432 371,021
-------------------------------------- ------------ ------------ -----------
13. To authorise the Directors
to allot shares in the Company
or grant rights to subscribe
for or convert any security
into shares in the Company 487,402,397 17,713,231 1,835
-------------------------------------- ------------ ------------ -----------
14. To empower the Directors
to allot equity securities for
cash 495,863,775 9,248,773 4,915
-------------------------------------- ------------ ------------ -----------
15. To empower the Directors
to allot equity securities for
cash (further 5%) 458,151,232 46,961,315 4,915
-------------------------------------- ------------ ------------ -----------
16. To renew the authority for
the Company to purchase its
own shares 469,601,008 35,127,916 388,538
-------------------------------------- ------------ ------------ -----------
17. To call general meetings
on not less than 14 clear days'
notice 478,828,769 25,907,612 381,082
-------------------------------------- ------------ ------------ -----------
Notes
1. Any proxy appointments which gave discretion to the Chairman
have been included in the "for" total.
2. A "vote withheld" is not a vote in law and is not counted in
the calculation proportion of the votes "for" or "against" a
resolution.
3. In accordance with UK Listing Rule 9.6.2R, copies of all
resolutions passed other than resolutions concerning ordinary
business have been submitted to the UK Listing Authority via the
National Storage Mechanism and will shortly be available for
inspection at www.Hemscott.com/nsm.do.
4. A copy of the poll results for the Annual General Meeting is
also available on the SIG plc website at www.sigplc.com.
5. Issued share capital as at 10 May 2018 is 591,548,235
ordinary shares of 10 pence each in the capital of the Company.
In relation to today's AGM, the Board recognises that there has
been a vote against Resolution 11 (re-appointment of the external
auditors) and a substantial number of votes cast against Resolution
1 (approval of the Annual Report and Accounts). The Board takes the
views of shareholders extremely seriously, and takes this
opportunity to inform shareholders that it is committed to carrying
out an EU Audit Regulation compliant audit tender for the role of
external auditor, as soon as practicable. The Board intends to
consult with shareholders over coming weeks on the timing of that
audit tender process and the resulting appointment of a new
auditor.
In the meantime, Deloitte LLP will conclude the closing out and
signing off process of the Group's subsidiary company accounts for
the year ended 31 December 2017.
Enquiries:
SIG plc
Meinie Oldersma, Chief Executive +44 (0) 114 285
Officer 6300
Nick Maddock, Chief Financial +44 (0) 114 285
Officer 6300
FTI Consulting
+ 44 (0) 20 3727
Richard Mountain / Nick Hasell 1340
Jefferies Hoare Govett
+44 (0) 20 7029
Chris Dickinson / Paul Nicholls 8000
Peel Hunt LLP
+44 (0) 20 7418
Justin Jones / Charles Batten 8900
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGAMMATMBBBBJP
(END) Dow Jones Newswires
May 10, 2018 11:14 ET (15:14 GMT)
Sig (LSE:SHI)
Historical Stock Chart
From Apr 2024 to May 2024
Sig (LSE:SHI)
Historical Stock Chart
From May 2023 to May 2024