Result of AGM
07 May 2020
In accordance with the arrangements announced on 29 April 2020, the Company held its Annual General Meeting ("AGM") at 11.00am today at its registered office. The AGM was convened with the minimum quorum of two shareholders (or their corporate representatives or proxies). The AGM comprised only the formal business as set out in the Notice of AGM (dated 18 March 2020).
All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting. The total number of ordinary shares in issue (excluding shares held in treasury) at the close of business on 5 May 2020 was 597,088,631.
The final votes received in respect of each resolution put to the meeting were as set out below:
|
|
Votes for (including discretionary votes) |
% |
Votes |
% |
Total number of votes validly cast |
% of the Company’s issued share capital represented by votes validly cast |
Votes withheld* |
|
|
Ordinary Resolutions |
|
|
|
|
|
|
|
|
|
1 |
To receive and adopt the Annual Report & Accounts |
463,678,787 |
99.77% |
1,081,015 |
0.23% |
464,759,802 |
77.84% |
5,017,973 |
|
2 |
To approve the Directors’ Remuneration Report |
457,271,861 |
98.28% |
8,010,009 |
1.72% |
465,281,870 |
77.93% |
4,495,906 |
|
3 |
To declare a final dividend |
This resolution was withdrawn from the business of the meeting |
||||||
|
4 |
To elect Louise Fowler |
466,607,314 |
99.36% |
2,987,078 |
0.64% |
469,594,392 |
78.65% |
183,384 |
|
5 |
To re-elect Karen Caddick |
465,361,785 |
99.10% |
4,236,331 |
0.90% |
469,598,116 |
78.65% |
179,660 |
|
6 |
To re-elect Andrew Cripps |
461,488,780 |
98.27% |
8,106,337 |
1.73% |
469,595,117 |
78.65% |
182,659 |
|
7 |
To re-elect Geoff Drabble |
465,364,818 |
99.10% |
4,230,299 |
0.90% |
469,595,117 |
78.65% |
182,659 |
|
8 |
To re-elect Andrew Livingston |
466,449,705 |
99.33% |
3,147,050 |
0.67% |
469,596,755 |
78.65% |
181,021 |
|
9 |
To re-elect Richard Pennycook |
458,261,689 |
98.53% |
6,859,996 |
1.47% |
465,121,685 |
77.90% |
4,656,091 |
|
10 |
To re-elect Mark Robson |
465,873,189 |
99.21% |
3,724,066 |
0.79% |
469,597,255 |
78.65% |
180,521 |
|
11 |
To re-elect Debbie White |
465,357,470 |
99.10% |
4,238,258 |
0.90% |
469,595,728 |
78.65% |
182,048 |
|
12 |
To re-appoint Deloitte LLP as the Auditor |
462,381,038 |
98.46% |
7,214,196 |
1.54% |
469,595,234 |
78.65% |
182,541 |
|
13 |
To authorise the Directors to determine the remuneration of the Auditor |
466,416,025 |
99.32% |
3,178,705 |
0.68% |
469,594,730 |
78.65% |
183,045 |
|
14 |
To renew authority to make political donations |
451,689,403 |
98.19% |
8,315,003 |
1.81% |
460,004,406 |
77.04% |
9,773,370 |
|
15 |
To renew the Directors' authority to allot shares |
452,250,493 |
96.28% |
17,494,079 |
3.72% |
469,744,572 |
78.67% |
33,204 |
|
Special Resolutions |
|
|
|
|
|
|
|
|
|
16 |
To renew the Directors' authority for the disapplication of pre-emption rights |
459,967,897 |
99.97% |
137,121 |
0.03% |
460,105,018 |
77.06% |
9,672,758 |
|
17 |
To renew the Directors' authority to make market purchases of the Company's own shares |
464,858,917 |
99.10% |
4,235,652 |
0.90% |
469,094,569 |
78.56% |
683,206 |
|
18 |
To adopt the New Articles of Association |
469,500,190 |
100.00% |
16,370 |
0.00% |
469,516,560 |
78.63% |
261,216 |
|
19 |
To authorise general meetings to be held on 14 clear days' notice |
453,074,728 |
96.48% |
16,515,744 |
3.52% |
469,590,472 |
78.65% |
187,304 |
*A vote “withheld” is not a vote in law. Votes “withheld” were not counted in the calculation of the proportion of the votes for and against each of the resolutions.
Full details of the poll results will also be available on the Company’s website: www.howdenjoinerygroupplc.com/investors/shareholder/agm/
In accordance with the Listing Rules, a copy of the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
DISCLOSURE OF RIGHTS ATTACHED TO EQUITY SHARES
Further to the Company’s announcement on 24 April 2020 (announcing the submission of a copy of its articles of association to the National Storage Mechanism in line with Listing Rule 9.2.6ER(1)(b)), a copy of the Company’s new articles of association, as adopted at the AGM, has been submitted to the National Storage Mechanism in line with Listing Rule 9.2.6ER(2)(a) and is available for viewing at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
Forbes McNaughton, Company Secretary: +44 (0) 207 535 1137
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