t
The Weir Group PLC held its Annual General Meeting on Thursday, 27 April 2023, where all 20 resolutions were passed on a poll, with Resolutions 17 to 20 specifically passed as special resolutions. At the close of business on April 27, 2023, there were 259,612,052 Ordinary Shares in issue. Proxy voting results indicated that all resolutions passed with varying percentages of votes For, Against, and Withheld.
| Date | 27 Apr 2023 |
| Time | 16:47:25 |
| Category | AGMs and other meetings |
| ID | 7645X |
The Annual General Meeting of The Weir Group PLC was held on Thursday 27 April 2023 at 2.30 pm.
All resolutions were passed on a poll. Resolutions 17 to 20 were passed as special resolutions.
The table below sets out the proxy voting results.
|
|
|
VOTES |
% |
VOTES |
% |
VOTES |
% of ISC VOTED |
VOTES |
|
Resolution 1 |
To receive and adopt the report and financial statements for year ended 31 December 2022. |
216,110,112 |
99.99 |
13,856 |
0.01 |
216,123,968 |
83.25 |
3,878,782 |
|
Resolution 2 |
To approve the Directors' Remuneration Report (excluding the Directors' Remuneration Policy). |
209,599,282 |
95.29 |
10,370,788 |
4.71 |
219,970,070 |
84.73 |
15,680 |
|
Resolution 3 |
To approve a final dividend of 19.3 pence per ordinary share of 12.5 pence each in the capital of the Company. |
219,995,926 |
100.00 |
5,424 |
0.00 |
220,001,350 |
84.74 |
1,400 |
|
Resolution 4 |
To re-elect Barbara Jeremiah as a Director of the Company. |
209,716,539 |
98.31 |
3,604,289 |
1.69 |
213,320,828 |
82.17 |
6,681,922 |
|
Resolution 5 |
To re-elect Jon Stanton as a Director of the Company. |
212,913,064 |
99.81 |
407,781 |
0.19 |
213,320,845 |
82.17 |
6,681,905 |
|
Resolution 6 |
To re-elect John Heasley as a Director of the Company. |
211,575,783 |
99.18 |
1,740,642 |
0.82 |
213,316,425 |
82.17 |
6,686,325 |
|
Resolution 7 |
To elect Dame Nicola Brewer as a Director of the Company. |
213,179,937 |
99.94 |
130,206 |
0.06 |
213,310,143 |
82.16 |
6,691,977 |
|
Resolution 8 |
To re-elect Clare Chapman as a Director of the Company. |
213,222,297 |
99.96 |
91,044 |
0.04 |
213,313,341 |
82.17 |
6,688,779 |
|
Resolution 9 |
To elect Tracey Kerr as a Director of the Company. |
213,260,386 |
99.98 |
48,410 |
0.02 |
213,308,796 |
82.16 |
6,693,954 |
|
Resolution 10 |
To re-elect Ben Magara as a Director of the Company. |
213,272,710 |
99.98 |
37,733 |
0.02 |
213,310,443 |
82.17 |
6,692,307 |
|
Resolution 11 |
To re-elect Sir Jim McDonald as a Director of the Company. |
213,240,348 |
99.96 |
76,678 |
0.04 |
213,317,026 |
82.17 |
6,685,724 |
|
Resolution 12 |
To re-elect Srinivasan Venkatakrishnan as a Director of the Company. |
211,954,829 |
99.36 |
1,359,574 |
0.64 |
213,314,403 |
82.17 |
6,688,347 |
|
Resolution 13 |
To re-elect Stephen Young as a Director of the Company. |
213,279,666 |
99.99 |
27,935 |
0.01 |
213,307,601 |
82.16 |
6,695,149 |
|
Resolution 14 |
To re-appoint PricewaterhouseCoopers LLP as Auditors of the Company. |
218,242,654 |
99.22 |
1,720,992 |
0.78 |
219,963,646 |
84.73 |
39,104 |
|
Resolution 15 |
That the Company's Audit Committee be authorised to determine the remuneration of the Auditors. |
219,964,346 |
100.00 |
9,001 |
0.00 |
219,973,347 |
84.73 |
29,403 |
|
Resolution 16 |
To renew the Directors' general power to allot shares. |
192,256,795 |
87.40 |
27,724,524 |
12.60 |
219,981,319 |
84.73 |
21,431 |
|
Resolution 17 |
To disapply the statutory pre-emption provisions. |
200,305,837 |
91.70 |
18,119,532 |
8.30 |
218,425,369 |
84.14 |
1,577,381 |
|
Resolution 18 |
To disapply the statutory pre-emption provisions in connection with an acquisition or specified capital investment. |
194,178,004 |
88.94 |
24,140,178 |
11.06 |
218,318,182 |
84.09 |
1,684,568 |
|
Resolution 19 |
To renew the Company's authority to purchase its own shares. |
211,534,639 |
96.18 |
8,403,344 |
3.82 |
219,937,983 |
84.72 |
64,767 |
|
Resolution 20 |
To reduce the notice period for general meetings. |
207,539,850 |
94.34 |
12,455,499 |
5.66 |
219,995,349 |
84.74 |
7,401 |
* A vote withheld is not a vote in law and is not counted in the calculation of proportion of votes For and Against a resolution.
|
|
a) |
Any votes that give discretion to the Chair have been included in the "For" total. |
|
|
b) |
At close of business on Thursday, 27 April 2023 there were 259,612,052 Ordinary Shares in issue (excluding treasury shares). |
A copy of the resolutions passed concerning special business has been submitted and will shortly be available for inspection at the National Storage Mechanism which is located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information, please contact:
Graham Vanhegan
Company Secretary
Telephone: 0141 308 3771