Ibstock plc
Annual General Meeting 2018 Results
The 2018 Annual General Meeting of Ibstock plc (the "Company") was held at Citigate Dewe Rogerson, 3 London Wall Buildings, London Wall, London, EC2M 5SY on Thursday, 24 May 2018 at 2:00pm
All of the resolutions were voted upon by poll and were passed by shareholders. The total number of ordinary shares in issue was 406,424,495 shares.
The full text of each resolution is contained in the notice of Annual General Meeting, which is available on the Company's website www.ibstockplc.com/investors (with each resolution number below corresponding to the resolution number in the Notice).
The number of votes for and against each of the resolutions put before the Annual General Meeting and the number of votes withheld were as follows:
Resolution |
Votes For |
Votes Against |
Total Votes cast (excluding Withheld) |
Votes Withheld* |
|
|
No of shares |
% of shares voted |
No of shares |
% of shares voted |
|
No of shares |
1 |
To receive the Annual Report and Accounts for the year ended 31 December 2017. |
340,894,467 |
99.93% |
223,593 |
0.07% |
341,118,060 |
2,779,433 |
2 |
To approve the Directors' Remuneration Report for the year ended 31 December 2017. |
342,325,324 |
99.58% |
1,451,100 |
0.42% |
343,776,424 |
121,070 |
3 |
To declare a final dividend of 6.5 pence per ordinary share for the year ended 31 December 2017. |
331,809,028 |
96.48% |
12,088,466 |
3.52% |
343,897,494 |
0 |
4 |
To re-elect Jonathan Nicholls as a Director. |
339,008,637 |
98.58% |
4,887,655 |
1.42% |
343,896,292 |
1,201 |
5 |
To re-elect Tracey Graham as a Director. |
342,411,701 |
99.57% |
1,485,592 |
0.43% |
343,897,293 |
201 |
6 |
To elect Joe Hudson as a Director. |
342,336,216 |
99.55% |
1,560,077 |
0.45% |
343,896,293 |
1,201 |
7 |
To re-elect Justin Read as a Director. |
342,425,105 |
99.57% |
1,471,188 |
0.43% |
343,896,293 |
1,201 |
8 |
To re-elect Kevin Sims as a Director. |
341,845,518 |
99.40% |
2,050,775 |
0.60% |
343,896,293 |
1,201 |
9 |
To re-appoint Deloitte LLP as the Company's auditor. |
343,891,824 |
100.00% |
0 |
0.00% |
343,891,824 |
5,670 |
10 |
To authorise the Audit Committee to determine the remuneration of the auditor. |
343,895,994 |
100.00% |
0 |
0.00% |
343,895,994 |
1,500 |
Special Business |
11 |
To authorise the Company to make political donations. |
334,905,375 |
97.39% |
8,978,248 |
2.61% |
343,883,623 |
13,871 |
12 |
To authorise the Directors to allot shares. |
339,470,512 |
98.72% |
4,413,588 |
1.28% |
343,884,100 |
13,394 |
13 |
General authority to disapply pre-emption rights.** |
343,874,974 |
99.99% |
18,520 |
0.01% |
343,893,494 |
4,000 |
14 |
Additional authority to disapply pre-emption rights (acquisitions/capital investments)** |
341,247,553 |
99.23% |
2,645,940 |
0.77% |
343,893,493 |
4,000 |
15 |
To authorise the Company to make market purchases of its own shares.** |
340,566,390 |
99.09% |
3,114,789 |
0.91% |
343,681,179 |
216,314 |
16 |
That a general meeting (other than an Annual General Meeting) may be called on not less than 14 clear days' notice.** |
334,196,613 |
97.18% |
9,700,881 |
2.82% |
343,897,494 |
0 |
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In accordance with Listing Rule 9.6.2 copies of the resolutions, other than those relating to ordinary business, will shortly be available for inspection at the National Storage Mechanism, which is located at http://www.morningstar.co.uk/uk/nsm.
The Company also announces that with effect from the close of the AGM on 24 May 2018, Mr Jamie Pike stepped down from the Board. Jonathan Nicholls (currently Senior Independent Director and Chair of the Audit Committee) was appointed Chairman of the Board. He also stepped down from the Audit Committee and was appointed as Chairman of the Nomination Committee. Tracey Graham was appointed as the Senior Independent Director. Justin Read was appointed Chair of the Audit Committee.
Notes:
* Votes 'withheld' are not votes under English law and so have not been included in the calculation of whether a resolution is carried. Percentages have been rounded to two decimal places.
** Special resolution.
For further information contact:
Ibstock plc |
|
Robert Douglas, Company Secretary |
+ 44 (0)1530 257 211 |
|
|
Citigate Dewe Rogerson |
+ 44 (0)20 7638 9571 |
Simon Rigby |
|
Kevin Smith |
|
Nick Hayns |
|
