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Shaftesbury Capital PLC held its 2025 Annual General Meeting on 22 May 2025, where shareholders passed all 17 proposed resolutions. These resolutions included the declaration of a final cash dividend of 1.80 pence per ordinary share for the year ended 31 December 2024, the re-election and election of directors, and the re-appointment of PricewaterhouseCoopers LLP as Auditor.
| Date | 22 May 2025 |
| Time | 15:30:00 |
| Category | AGMs and other meetings |
| ID | 8473J |
22 May 2025
SHAFTESBURY CAPITAL PLC (the "Company")
RESOLUTIONS PASSED AT 2025 ANNUAL GENERAL MEETING
The results of the voting by poll on the resolutions put to the Company's 2025 Annual General Meeting held on Thursday, 22 May 2025 are as follows:
|
Resolutions |
For: |
% |
Against: |
% |
Total votes cast (excluding withheld): |
% of issued share capital |
Withheld: |
|
1. To receive the Accounts and reports of the Directors and the Auditor for the year ended 31 December 2024 |
1,483,505,967 |
99.96 |
587,609 |
0.04 |
1,484,093,576 |
75.98% |
10,054,367 |
|
2. To declare a final cash dividend for the year ended 31 December 2024 of 1.80 pence per ordinary share |
1,494,051,292 |
100.00 |
38,909 |
0.00 |
1,494,090,201 |
76.50% |
57,742 |
|
3. To approve the Directors' Remuneration Report (other than the part containing the Directors' Remuneration Policy) for the year ended 31 December 2024 |
1,434,573,784 |
96.69 |
49,105,673 |
3.31 |
1,483,679,457 |
75.96% |
10,468,486 |
|
4. To re-elect Jonathan Nicholls as a Director |
1,382,380,297 |
93.17 |
101,290,147 |
6.83 |
1,483,670,444 |
75.96% |
10,477,499 |
|
5. To re-elect Ian Hawksworth as a Director |
1,483,574,475 |
99.99 |
95,969 |
0.01 |
1,483,670,444 |
75.96% |
10,477,499 |
|
6. To re-elect Situl Jobanputra as a Director |
1,481,828,070 |
99.88 |
1,796,044 |
0.12 |
1,483,624,114 |
75.96% |
10,523,829 |
|
7. To re-elect Richard Akers as a Director |
1,421,822,924 |
95.83 |
61,801,080 |
4.17 |
1,483,624,004 |
75.96% |
10,523,939 |
|
8. To re-elect Ruth Anderson as a Director |
1,439,578,972 |
97.03 |
44,044,634 |
2.97 |
1,483,623,606 |
75.96% |
10,524,337 |
|
9. To elect Madeleine Cosgrave as a Director |
1,483,596,504 |
100.00 |
30,210 |
0.00 |
1,483,626,714 |
75.96% |
10,521,229 |
|
10. To elect Sian Westerman as a Director |
1,482,329,987 |
99.91 |
1,296,727 |
0.09 |
1,483,626,714 |
75.96% |
10,521,229 |
|
11. To re-appoint PricewaterhouseCoopers LLP as Auditor |
1,365,807,923 |
91.42 |
128,212,780 |
8.58 |
1,494,020,703 |
76.49% |
127,240 |
|
12. To authorise the Audit Committee of the Board to determine the Auditor's remuneration |
1,469,352,108 |
98.35 |
24,713,655 |
1.65 |
1,494,065,763 |
76.49% |
82,180 |
|
13. To authorise the Directors to allot the unissued share capital up to a specified amount (s.551 of the Companies Act 2006) |
1,348,043,397 |
90.86 |
135,667,823 |
9.14 |
1,483,711,220 |
75.96% |
10,436,723 |
|
14. Special Resolution: To disapply pre-emption provisions of s.561(1) of the Companies Act 2006 up to the extent specified |
1,390,357,402 |
93.71 |
93,349,067 |
6.29 |
1,483,706,469 |
75.96% |
10,441,474 |
|
15. Special Resolution: To disapply pre-emption provisions of s.561(1) of the Companies Act 2006 up to the additional extent specified |
1,322,131,245 |
89.36 |
157,443,861 |
10.64 |
1,479,575,106 |
75.75% |
14,572,837 |
|
16. Special Resolution: To authorise the Company to purchase its own shares |
1,493,554,050 |
99.99 |
107,174 |
0.01 |
1,493,661,224 |
76.47% |
486,719 |
|
17. Special Resolution: To allow general meetings (other than an AGM) to be called on not less than 14 clear days' notice |
1,402,524,447 |
94.53 |
81,187,993 |
5.47 |
1,483,712,440 |
75.96% |
10,435,503 |
Notes:
1. Any proxy appointments which gave discretion to the Chairman have been included in the 'For' total.
2. A vote 'Withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes for or against a resolution.
3. The total issued share capital and total number of voting rights is: 1,953,178,138 ordinary shares. Every shareholder has one vote for every ordinary share held. This figure includes 128,350,793 ordinary shares held by a Group entity, of which 127,008,786 are held as security under the terms of the £275 million exchangeable bond. The 128,350,793 ordinary shares will not vote whilst they are held by a group entity (the "Security Shares"). On average 76.07% (1,485,869,541 ordinary shares) of the total number of voting rights voted. The percentage of shares voted once the Security Shares have been excluded was approximately 81.43%.
In accordance with 6.4.2 of the Listing Rules, copies of the resolutions passed at the Annual General Meeting, other than resolutions concerning ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
Ruth Pavey
Company Secretary
Shaftesbury Capital PLC
Tel: +44 (0) 20 3214 9150