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| Date | 25 Mar 2022 |
| Time | 16:30:16 |
| Category | AGMs and other meetings |
| ID | 1268G |
Beazley plc
London, 25 March 2022
Beazley plc - 2022 Annual General Meeting Results
Beazley plc held its annual general meeting for shareholders at 2.30pm today and announces that all the resolutions were duly passed.
In accordance with Listing Rule 9.6.3, full details of the resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection.
For information, the results of the AGM are set out below. The total number of votes received for each resolution is set out below. The number of 5p ordinary shares in issue and the number of voting rights on 23 March 2022 was 609,896,418.
|
Resolution No. |
Description |
Votes in Favour and discretionary |
Votes Against |
Votes Withheld |
|
1 |
To receive the accounts for the financial year ended 31 December 2021, together with the Directors' report and Auditor's report thereon |
484,215,490 |
14,573 |
808,199 |
|
2 |
To approve the Directors' Remuneration report for the financial year ended 31 December 2021 |
434,012,961 |
50,960,274 |
65,027 |
|
3 |
To approve the payment of an interim dividend of 12.9 pence per ordinary share |
484,985,841 |
13,400 |
39,021 |
|
4 |
To re-elect Adrian Cox as a Director of the Company
|
485,008,137 |
14,678 |
15,447 |
|
5 |
To re-elect Pierre-Olivier Desaulle as a Director of the Company |
484,977,900 |
14,573 |
45,789 |
|
6 |
To re-elect Nicola Hodson as a Director of the Company |
459,560,283 |
25,403,070 |
74,909 |
|
7 |
To re-elect Sally Lake as a Director of the Company |
483,612,806 |
1,350,547 |
74,909 |
|
8 |
To re-elect Christine LaSala as a Director of the Company |
457,743,533 |
27,219,820 |
74,909 |
|
9 |
To re-elect John Reizenstein as a Director of the Company |
481,232,710 |
3,759,763 |
45,789 |
|
10 |
To re-elect David Roberts as a Director of the Company |
481,228,498 |
3,763,975 |
45,789 |
|
11 |
To re-elect Robert Stuchbery as a Director of the Company |
461,504,744 |
23,487,729 |
45,789 |
|
12 |
To elect Rajesh Agrawal as a new Director of the Company |
484,977,195 |
15,078 |
45,989 |
|
13 |
To re-appoint EY as Auditors of the Company |
483,514,755 |
1,483,945 |
39,562 |
|
14 |
To authorise the Audit and Risk Committee to determine the Auditors' remuneration |
484,778,927 |
223,428 |
35,907 |
|
15 |
To approve the Save As You Earn Share Option plan |
484,652,133 |
349,340 |
36,789 |
|
16 |
To approve the Long Term Incentive plan |
481,826,808 |
3,174,797 |
36,657 |
|
17 |
To authorise the Directors to allot shares |
460,110,764 |
11,215,375 |
13,712,123 |
|
18* |
To authorise the disapplication of pre-emption rights |
484,306,473 |
686,000 |
45,789 |
|
19* |
To authorise the Company to make market purchases of Ordinary Shares |
483,528,023 |
1,280,550 |
229,689 |
|
20* |
To allow the Company to hold general meetings (other than annual general meetings) on not less than 14 clear days' notice |
428,810,332 |
54,936,977 |
1,290,953 |
* Special resolution
For further information please contact:
Beazley plc
Christine Oldridge
+44 (0)20 7674 7758
Note to editors:
Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, North America, Latin America and Asia. Beazley manages seven Lloyd's syndicates and, in 2021, underwrote gross premiums worldwide of $4,618.9 million. All Lloyd's syndicates are rated A by A.M. Best.
Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.
Beazley's European insurance company, Beazley Insurance dac, is regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.
Beazley is a market leader in many of its chosen lines, which include professional indemnity, cyber liability, property, marine, reinsurance, accident and life, and political risks and contingency business.
For more information please go to: www.beazley.com