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AIB Group PLC held its Annual General Meeting on May 5, 2022, where all 13 proposed resolutions were duly passed by poll, including the declaration of a final dividend of 4.5 euro cent per share payable on May 13, 2022. Shareholders also approved the appointment and reappointment of various directors, the authorization for the Company to purchase its own shares, and a Directed Buyback Contract with the Minister for Finance.
| Date | 5 May 2022 |
| Time | 16:30:04 |
| Category | AGMs and other meetings |
| ID | 5168K |
5 May 2022
AIB GROUP PLC (the "Company")
RESULTS OF ANNUAL GENERAL MEETING 2022
The Company announces that at its Annual General Meeting ("AGM"), held today at 10 Molesworth Street, Dublin 2, all of the resolutions proposed were duly passed on a poll.
Resolutions 1 to 8 (inclusive) were passed as ordinary resolutions and resolutions 9 to 13 (inclusive) were passed as special resolutions.
The full text of each resolution, together with explanatory notes, are set out in the Notice of AGM which was circulated to Shareholders on 1 April 2022 and made available on the Company's website at www.aib.ie/investorrelations.
The results of the voting on the resolutions are as follows:
|
Resolution |
Votes For |
% |
Votes Against |
% |
Total Votes Cast |
Votes Withheld |
|
|
1 |
To receive and consider the financial statements for the year together with the reports of the Directors and the Auditor thereon |
2,428,358,643 |
100.00% |
186 |
0.00% |
2,428,358,829 |
529,792 |
|
2 |
To declare a final dividend of 4.5 euro cent per share payable on 13 May 2022 |
2,428,883,398 |
100.00% |
161 |
0.00% |
2,428,883,559 |
5,062 |
|
3 |
To authorise the Directors to fix the remuneration of the Auditor |
2,428,546,265 |
99.99% |
335,010 |
0.01% |
2,428,881,275 |
7,346 |
|
4 |
To consider the continuation in office of Deloitte as Auditor |
2,427,298,398 |
99.99% |
334,984 |
0.01% |
2,427,633,382 |
1,255,239 |
|
5(a) |
To appoint Anik Chaumartin |
2,427,527,132 |
99.94% |
1,353,781 |
0.06% |
2,428,880,913 |
7,708 |
|
5(b) |
To appoint Donal Galvin |
2,423,666,802 |
99.79% |
5,214,396 |
0.21% |
2,428,881,198 |
7,423 |
|
5(c) |
To reappoint Basil Geoghegan |
2,426,683,910 |
99.91% |
2,197,260 |
0.09% |
2,428,881,170 |
7,451 |
|
5(d) |
To appoint Tanya Horgan |
2,427,529,289 |
99.94% |
1,354,069 |
0.06% |
2,428,883,358 |
5,237 |
|
5(e) |
To reappoint Colin Hunt |
2,427,192,144 |
99.93% |
1,689,058 |
0.07% |
2,428,881,202 |
7,419 |
|
5(f) |
To reappoint Sandy Kinney Pritchard |
2,427,192,315 |
99.93% |
1,688,814 |
0.07% |
2,428,881,129 |
7,492 |
|
5(g) |
To reappoint Carolan Lennon |
2,424,065,794 |
99.80% |
4,817,662 |
0.20% |
2,428,883,456 |
5,165 |
|
5(h) |
To reappoint Elaine MacLean |
2,424,571,107 |
99.82% |
4,312,303 |
0.18% |
2,428,883,410 |
5,211 |
|
5(i) |
To reappoint Andy Maguire |
2,427,192,738 |
99.93% |
1,688,301 |
0.07% |
2,428,881,039 |
7,582 |
|
5(j) |
To reappoint Brendan McDonagh |
2,423,316,486 |
99.77% |
5,564,680 |
0.23% |
2,428,881,166 |
7,453 |
|
5(k) |
To reappoint Helen Normoyle |
2,424,065,901 |
99.80% |
4,817,536 |
0.20% |
2,428,883,437 |
5,184 |
|
5(l) |
To reappoint Ann O'Brien |
2,427,191,305 |
99.93% |
1,692,103 |
0.07% |
2,428,883,408 |
5,213 |
|
5(m) |
To reappoint Fergal O'Dwyer |
2,426,683,904 |
99.91% |
2,197,133 |
0.09% |
2,428,881,037 |
7,584 |
|
5(n) |
To appoint Jim Pettigrew |
2,412,875,048 |
99.34% |
16,006,083 |
0.66% |
2,428,881,131 |
7,490 |
|
5(o) |
To appoint Jan Sijbrand |
2,427,526,946 |
99.94% |
1,354,201 |
0.06% |
2,428,881,147 |
7,474 |
|
5(p) |
To reappoint Raj Singh |
2,426,649,583 |
99.91% |
2,231,401 |
0.09% |
2,428,880,984 |
7,637 |
|
6 |
To consider the Directors' Remuneration Report |
2,427,467,143 |
99.94% |
1,416,126 |
0.06% |
2,428,883,269 |
5,314 |
|
7 |
To consider the Remuneration Policy |
2,391,101,944 |
98.44% |
37,778,009 |
1.56% |
2,428,879,953 |
8,668 |
|
8 |
To authorise the Directors to allot relevant securities |
2,400,768,556 |
98.84% |
28,114,850 |
1.16% |
2,428,883,406 |
5,215 |
|
9(a) |
Limited authorisation for the Directors to disapply pre-emption rights |
2,428,295,036 |
99.98% |
587,982 |
0.02% |
2,428,883,018 |
5,603 |
|
9(b) |
Limited authorisation for the Directors to disapply pre-emption rights for an acquisition or specified capital event |
2,416,115,009 |
99.47% |
12,767,827 |
0.53% |
2,428,882,836 |
5,785 |
|
10 |
To authorise the purchase by the Company of its own shares |
2,426,757,868 |
99.93% |
1,791,062 |
0.07% |
2,428,548,930 |
339,688 |
|
11 |
To determine the re-issue price range at which any treasury shares held may be re-issued off-market |
2,428,862,951 |
100.00% |
18,100 |
0.00% |
2,428,881,051 |
7,570 |
|
12 |
To authorise the Directors to convene general meetings on 14 days' notice |
2,387,492,461 |
98.30% |
41,387,546 |
1.70% |
2,428,880,007 |
8,614 |
|
13 |
To approve the terms of the Directed Buyback Contract with the Minister for Finance and authorise the making of off-market purchases of ordinary shares |
531,131,363 |
99.67% |
1,759,501 |
0.33% |
532,890,864 |
1,895,997,757 |
In accordance with Listing Rule 6.1.11 of Euronext Dublin and Listing Rule 9.2.2E of the Financial Conduct Authority, resolutions 5 a), c), d), f), g), h), i), j), k), l), m), o), and p) relating to the election or re-election of the independent non-executive Directors, were passed by majority of each of:
- the shareholders of the Company, and
- the independent shareholders of the Company (that is, the shareholders of the Company entitled to vote on the election of Directors who are not controlling shareholders[1]).
Votes cast by shareholders excluding the controlling shareholder are shown below.
|
Resolution |
Votes For |
% |
Votes Against |
% |
Total Votes Cast |
Votes Withheld |
|
|
5(a) |
To appoint Anik Chaumartin |
533,347,973 |
99.75% |
1,353,781 |
0.25% |
534,701,754 |
7,708 |
|
5(c) |
To reappoint Basil Geoghegan |
532,504,751 |
99.59% |
2,197,260 |
0.41% |
534,702,011 |
7,451 |
|
5(d) |
To appoint Tanya Horgan |
533,350,130 |
99.75% |
1,354,069 |
0.25% |
534,704,199 |
5,237 |
|
5(f) |
To reappoint Sandy Kinney Pritchard |
533,013,156 |
99.68% |
1,688,814 |
0.32% |
534,701,970 |
7,492 |
|
5(g) |
To reappoint Carolan Lennon |
529,886,635 |
99.10% |
4,817,662 |
0.90% |
534,704,297 |
5,165 |
|
5(h) |
To reappoint Elaine MacLean |
530,391,948 |
99.19% |
4,312,303 |
0.81% |
534,704,251 |
5,211 |
|
5(i) |
To reappoint Andy Maguire |
533,013,579 |
99.68% |
1,688,301 |
0.32% |
534,701,880 |
7,582 |
|
5(j) |
To reappoint Brendan McDonagh |
529,137,327 |
98.96% |
5,564,680 |
1.04% |
534,702,007 |
7,453 |
|
5(k) |
To reappoint Helen Normoyle |
529,886,742 |
99.10% |
4,817,536 |
0.90% |
534,704,278 |
5,184 |
|
5(l) |
To reappoint Ann O'Brien |
533,012,146 |
99.68% |
1,692,103 |
0.32% |
534,704,249 |
5,213 |
|
5(l) |
To reappoint Fergal O'Dwyer |
532,504,745 |
99.59% |
2,197,133 |
0.41% |
534,701,878 |
7,584 |
|
5(o) |
To appoint Jan Sijbrand |
533,347,787 |
99.75% |
1,354,201 |
0.25% |
534,701,988 |
7,474 |
|
5(p) |
To reappoint Raj Singh |
532,470,424 |
99.58% |
2,231,401 |
0.42% |
534,701,825 |
7,637 |
Notes:
1. A "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.
2. The total number of ordinary shares in issue as at Sunday, 1 May 2022 was 2,714,381,237.
3. The total number of ordinary shares held by shareholders excluding the controlling shareholder on Sunday, 1 May 2022 was 820,202,078.
In accordance with Listing Rule 6.1.60 of Euronext Dublin and Listing Rule 9.6.2 of the Financial Conduct Authority, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today have been submitted to Euronext Dublin and the UK National Storage Mechanism and will be shortly available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
-ENDS-
Contact details:
|
Conor Gouldson |
Niamh Hore |
Paddy McDonnell |
|
Group Company Secretary |
Head of Investor Relations |
Head of Media Relations |
|
AIB Molesworth Street |
AIB Molesworth Street |
AIB Molesworth Street |
|
Dublin 2 |
Dublin 2 |
Dublin 2 |
|
Tel: +353-1-7720030 |
Tel: +353-1-6411817 |
Tel: +353-87-7390743 |
|
email: |
email: |
email: |
[1] Controlling shareholder: shareholder(s) that exercise or control more than 30% of the voting rights of the Company.