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Hochschild Mining PLC announced that all 18 proposed resolutions were passed at its Annual General Meeting held on June 12, 2025. At the conclusion of the meeting, Michael Rawlinson retired from the Board, Tracey Kerr replaced him as Senior Independent Director, Jill Gardiner assumed the role of Chair of the Remuneration Committee, and Andrew Wray was appointed as an Independent Non-Executive Director. The Company had 514,458,432 Ordinary Shares in issue as of June 10, 2025.
| Date | 12 Jun 2025 |
| Time | 14:34:04 |
| Category | AGMs and other meetings |
| ID | 6460M |
_________________________________________________________________________________
12 June 2025
Result of AGM
Hochschild Mining PLC (the "Company") announces the results detailed below of the poll taken at the Annual General Meeting (the "AGM") held earlier today at which all proposed resolutions were passed.
As previously announced, the following changes in Board composition and responsibilities took effect at the conclusion of the AGM:
- Michael Rawlinson retired from the Board;
- Tracey Kerr, current Independent Non-Executive Director replaced Michael Rawlinson as Senior Independent Director;
- Jill Gardiner, current Independent Non-Executive Director, assumed the role of Chair of the Remuneration Committee; and
- Andrew Wray was appointed to the Board as an Independent Non-Executive Director and as a member of the Audit, Nomination and Remuneration Committees (see announcement dated 24 January 2025 for further details).
In accordance with Listing Rule 9.6.2R, the Company has submitted copies of the resolutions dealing with the AGM special business to the National Storage Mechanism, which will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Note
The number of Ordinary Shares in issue on 10 June 2025 at 6pm was 514,458,432. Shareholders are entitled to one vote per share. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes cast.
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Enquiries:
Hochschild Mining PLC
Raj Bhasin +44 (0)7825 533495
Company Secretary
Hudson Sandler
Charlie Jack +44 (0)20 7796 4133
Public Relations
________________________________________________________________________________________________
About Hochschild Mining PLC
Hochschild Mining PLC is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) and crosstrades on the OTCQX Best Market in the U.S. (HCHDF), with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over fifty years' experience in the mining of precious metal epithermal vein deposits and operates two underground epithermal vein mines: Inmaculada, located in southern Peru; and San Jose in southern Argentina, and an open pit gold mine, Mara Rosa, located in the state of Goiás, Brazil. Hochschild also has numerous long-term projects throughout the Americas.
LEI: 549300JK10TVQ3CCJQ89
|
AGM Resolutions ("O" denotes Ordinary Resolution, "S" denotes Special Resolution) |
VOTES FOR |
% OF VOTES CAST 1 |
VOTES AGAINST |
% OF VOTES CAST 1 |
TOTAL VOTES |
VOTES WITHHELD |
|
|
1 |
Receipt of 2024 Report and Accounts (O) |
418,780,692 |
100.00% |
1,495 |
0.00% |
418,782,187 |
294,848 |
|
2 |
Approve 2024 Directors' Remuneration Report (O) |
410,778,593 |
98.03% |
8,253,969 |
1.97% |
419,032,562 |
44,473 |
|
3 |
Approve the 2024 final dividend (O) |
419,050,807 |
100.00% |
8,538 |
0.00% |
419,059,345 |
17,690 |
|
4 |
Re-elect Jorge Born Jr. (O) |
391,891,331 |
97.17% |
11,397,631 |
2.83% |
403,288,962 |
15,788,073 |
|
5 |
Re-elect Jill Gardiner (O) |
409,053,210 |
97.62% |
9,979,460 |
2.38% |
419,032,670 |
44,365 |
|
|
Votes of the independent shareholders2 |
212,152,904 |
95.51% |
9,979,460 |
4.49% |
222,132,364 |
44,365 |
|
6 |
Re-elect Eduardo Hochschild (O) |
327,778,458 |
81.36% |
75,119,287 |
18.64% |
402,897,745 |
16,179,290 |
|
7 |
Re-elect Tracey Kerr (O) |
412,142,896 |
98.36% |
6,891,535 |
1.64% |
419,034,431 |
42,604 |
|
|
Votes of the independent shareholders2 |
215,242,590 |
96.90% |
6,891,535 |
3.10% |
222,134,125 |
42,604 |
|
8 |
Elect Eduardo Landin (O) |
402,255,407 |
99.85% |
606,299 |
0.15% |
402,861,706 |
16,215,329 |
|
9 |
Elect Joanna Pearson (O) |
416,377,799 |
99.36% |
2,672,632 |
0.64% |
419,050,431 |
26,604 |
|
|
Votes of the independent shareholders2 |
219,477,493 |
98.80% |
2,672,632 |
1.20% |
222,150,125 |
26,604 |
|
10 |
Re-elect Mike Sylvestre (O) |
416,639,539 |
99.42% |
2,410,893 |
0.58% |
419,050,432 |
26,603 |
|
|
Votes of the independent shareholders2 |
219,739,233 |
98.91% |
2,410,893 |
1.09% |
222,150,126 |
26,603 |
|
11 |
Re-appoint Ernst & Young LLP as auditors (O) |
395,433,879 |
94.37% |
23,596,187 |
5.63% |
419,030,066 |
46,969 |
|
12 |
Authorise the Audit Committee to set the auditors' remuneration (O) |
411,990,704 |
98.32% |
7,037,090 |
1.68% |
419,027,794 |
49,241 |
|
13 |
Authorise directors to allot shares/grant rights to subscribe for or to convert any securities into shares (O) |
415,536,974 |
99.17% |
3,464,768 |
0.83% |
419,001,742 |
75,293 |
|
14 |
Approve the Rule 9 waiver granted by the Panel on Takeover and Mergers (O)3 |
210,508,208 |
94.78% |
11,590,291 |
5.22% |
222,098,499 |
78,230 |
|
15 |
Disapply statutory pre-emption rights (S) |
416,608,804 |
99.79% |
885,968 |
0.21% |
417,494,772 |
1,582,263 |
|
16 |
Disapply statutory pre-emption rights to finance an acquisition or other capital investment (S) |
418,097,573 |
99.79% |
884,299 |
0.21% |
418,981,872 |
95,163 |
|
17 |
Authorise the Company to make market purchases of own shares (S) |
411,699,640 |
98.26% |
7,276,633 |
1.74% |
418,976,273 |
100,762 |
|
18 |
Authorise general meetings other than AGMs to be called on not less than 14 clear days' notice (S) |
416,041,249 |
99.29% |
2,986,168 |
0.71% |
419,027,417 |
49,618 |
1. Excludes votes withheld
2. Under Listing Rule 9.2.2E R, resolutions on the re-election of any independent director must be approved by (a) the shareholders of the Company; and (b) the independent shareholders of the Company (i.e. excluding the 196,900,306 shares owned by Pelham Investment Corporation ("Pelham") which is ultimately controlled by Eduardo Hochschild)
3. As stated in the Notice of AGM, no member of the Pelham Concert Party (as defined in the shareholder circular dated 10 April 2025) is entitled to vote on Resolution 14.
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