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FRP Advisory Group plc held its Annual General Meeting on 15 September 2022, where all 15 proposed resolutions were passed by members on a poll. These included the declaration of a final dividend of 1.9p per ordinary share for the year ended 30 April 2022, the reappointment of seven directors and Mazars LLP as auditors, and authorization for the Company to allot shares and make market purchases of its Ordinary Shares.
| Date | 15 Sept 2022 |
| Time | 12:56:01 |
| Category | AGMs and other meetings |
| ID | 6396Z |
15 September 2022
FRP Advisory Group plc
Result of Annual General Meeting
The Annual General Meeting of FRP Advisory Group plc was held at the offices of Bryan Cave Leighton Paisner LLP, Governor's House, 5 Laurence Pountney Hill, London, EC4R 0BR on 15 September 2022 at 10.00 a.m..
All 15 resolutions put to members were passed on a poll. Resolutions 1 to 13 were passed as ordinary resolutions and resolutions 14 and 15 were passed as special resolutions.
The number of votes cast for and against each of the resolutions proposed, and the number of votes withheld were as follows:
|
Resolution |
Votes for |
% |
Votes against |
% |
Votes withheld |
|
Resolution 1 (Ordinary) To receive the Company's audited accounts for the financial period ended 30 April 2022 together with the Directors' and Auditors' Report. |
139,755,938 |
99.99 |
16,874 |
0.01 |
2,379 |
|
Resolution 2 (Ordinary) To receive and approve the Directors' Remuneration Report for the financial period ended 30 April 2022. |
127,626,613 |
91.93 |
11,210,478 |
8.07 |
938,100 |
|
Resolution 3 (Ordinary) To declare a final dividend of 1.9p per ordinary share for the year ended 30 April 2022. |
139,758,652 |
99.99 |
16,539 |
0.01 |
0 |
|
Resolution 4 (Ordinary) To reappoint Nigel Guy as a director of the Company. |
126,084,948 |
90.23 |
13,652,351 |
9.77 |
37,892 |
|
Resolution 5 (Ordinary) To reappoint Geoffrey Rowley as a director of the Company. |
139,714,783 |
99.98 |
22,516 |
0.02 |
37,892 |
|
Resolution 6 (Ordinary) To reappoint Jeremy French as a director of the Company. |
138,400,353 |
99.04 |
1,336,946 |
0.96 |
37,892 |
|
Resolution 7 (Ordinary) To reappoint Gavin Jones as a director of the Company. |
138,400,353 |
99.02 |
1,372,459 |
0.98 |
2,379 |
|
Resolution 8 (Ordinary) To reappoint David Adams as a director of the Company. |
128,951,282 |
93.5 |
8,960,154 |
6.5 |
1,863,755 |
|
Resolution 9 (Ordinary) To reappoint David Chubb as a director of the Company. |
127,205,112 |
91.03 |
12,532,187 |
8.97 |
37,892 |
|
Resolution 10 (Ordinary) To reappoint Claire Balmforth as a director of the Company. |
130,513,664 |
93.37 |
9,261,527 |
6.63 |
0 |
|
Resolution 11 (Ordinary) To reappoint Mazars LLP as auditors to the Company. |
138,961,709 |
99.42 |
811,103 |
0.58 |
2,379 |
|
Resolution 12 (Ordinary) To authorise the directors of the Company to fix the auditors' remuneration. |
139,720,267 |
99.96 |
52,545 |
0.04 |
2,379 |
|
Resolution 13 (Ordinary) To authorise the Directors to allot shares in the Company. |
134,124,637 |
95.96 |
5,648,175 |
4.04 |
2,379 |
|
Resolution 14 (Special) To disapply statutory pre-emption rights. |
133,932,478 |
95.82 |
5,840,334 |
4.18 |
2,379 |
|
Resolution 15 (Special) To authorise the Company to make market purchases of its Ordinary Shares. |
138,056,960 |
99.44 |
780,131 |
0.56 |
938,100 |
As at 15 September 2022, there were 248,942,332 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.
The full text of each resolution is available in the Notice of Annual General Meeting, published on our website.
Enquiries:
FRP Advisory Group plc
Geoff Rowley, CEO
Jeremy French, COO
Gavin Jones, CFO
Enquiries via MHP
Cenkos Securities plc (Nominated Adviser and Sole Broker)
Katy Birkin/Max Gould (Corporate Finance)
Alex Pollen (Sales)
Tel: +44 (0) 207 397 8900
MHP Communications (Financial Public Relations)
Oliver Hughes
Charlie Barker
Pete Lambie
Tel: +44 (0) 20 3128 8570
Notes to Editors
FRP is a professional services firm established in 2010 which offers a range of advisory services to companies, lenders, investors and other stakeholders, as well as individuals. These services include:
· Restructuring advisory: corporate financial advisory, formal insolvency appointments, informal restructuring advisory, personal insolvency and general advice to all stakeholders.
· Corporate finance: mergers & acquisitions (M&A), strategic advisory and valuations, financial due diligence, capital raising, special situations M&A and partial exits.
· Debt advisory: raising and refinancing debt, debt amendments and extensions, restructuring debt, asset based lending and corporate and leveraged debt advisory.
· Forensic services: forensic investigations, compliance and risk advisory, dispute services and forensic technology.
· Pensions advisory: pension scheme transaction advisory, pension scheme restructuring advisory, covenant advisory and corporate governance