Source - RNS
RNS Number : 9216G
Hostelworld Group PLC
01 June 2017
 

 

RESULTS OF 2017 ANNUAL GENERAL MEETING

 

The Annual General Meeting ("AGM") of Hostelworld Group Plc (the "Company") was held at the offices of McCann FitzGerald, Riverside One, 37-42 Sir John Rogerson's Quay, Dublin 2, Ireland at 2 p.m. today.

 

At the AGM resolutions 1 - 13 and 15-18 that were set out in the notice of AGM were duly passed on a show of hands.  Resolution 14 was defeated on a poll. The proxy votes were cast as follows:

                                                                                                                                       

Resolution

For

Against

Votes withheld*

Total proxy votes cast

Percentage of  issued share capital voted (%)

1.      To adopt the reports of the Directors and Auditors and the audited accounts for the financial year ended 31 December 2016

76,174,101

(96.61%)

 

2,674,555

(3.39%)

0

78,848,656

82.50%

2.      To approve the Directors' remuneration report

78,081,452

(99.03%)

764,544

(0.97%)

2,660

78,845,996

82.50%

3.      To declare a final dividend of  €0.104  per ordinary share

78,848,656

(100%)

0

(0.00%)

0

78,848,656

82.50%

4.      To declare a supplementary dividend of €0.105  per ordinary share

78,848,656

(100%)

0

(0.00%)

0

78,848,656

82.50%

5.      To elect Feargal Mooney as a director

78,809,232

(99.95%)

 

39,424

(0.05%)

0

78,848,656

82.50%

6.      To elect Mari Hurley as a director

76,115,396

(96.56%)

2,713,979

(3.44%)

19,281

78,829,375

82.48%

7.      To elect Richard Segal as a director

72,193,015

(93.75%)

4,813,837

(6.25%)

1,841,803

77,006,852

80.58%

8.      To elect Michael Cawley as a director

78,764,012

(99.89%)

84,644

(0.11%)

0

78,848,656

82.50%

9.      To elect Andy McCue as a director

78,412,875

(99.45%)

435,781

(0.55%)

0

78,848,656

82.50%

10.    To re-appoint Deloitte as  auditors to the Company

77,933,782

(98.84%)

914,874

(1.16%)

0

78,848,656

82.50%

11.    To authorise the Directors to fix the auditors' remuneration

78,848,656

(100%)

0

(0.00%)

0

78,848,656

82.50%

12.    To authorise the directors to allot shares

59,086,778

(74.94%)

19,761,878

(25.06%)

0

78,848,656

82.50%

13.    To authorise the directors to dis-apply pre-emption rights - general

78,848,656

(100%)

0

(0.00%)

0

78,848,656

82.50%

15.     To authorise the Company to  purchase its own shares

78,436,713

(99.48%)

411,943

(0.52%)

0

78,848,656

82.50%

16.    To approve the rules and implementation of the Hostelworld Group plc Save As You Earn Plan

78,827,685

(99.97%)

20,971

(0.03%)

0

78,848,656

82.50%

17.    To authorise the Company to make political donations and incur political expenditure

75,363,606

(96.07%)

3,085,137

(3.93%)

399,913

78,448,743

82.09%

18.    To authorise the calling of a general meeting other than an Annual General Meeting on not less than 14 clear days' notice

78,286,137

(99.29%)

562,518

(0.71%)

0

78,848,655

82.50%

 

The poll results for Resolution 14 were as follows:

 

Resolution

For

Against

Votes withheld*

Total votes cast

Percentage of  issued share capital voted (%)

14.     To authorise the directors to dis-apply pre-emption rights -specific capital expenditure

58,739,965

(74.46%)

20,147,699

(25.54%)

6,850

78,887,664

82.54%

 

*A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.

 

Resolutions 1 to 12 and 16 and 17 were passed as ordinary resolutions and Resolutions 13, 15 and 18 were passed as special resolutions.

 

The number of ordinary shares in issue on 1 June 2017 (excluding shares held in treasury) was 95,570,778.  Shareholders are entitled to one vote per share. 

 

In accordance with UK Listing Rule 9.6.2R copies of the resolutions passed at the AGM have been submitted to the UK Listing Authority via the National Storage Mechanism, and the Irish Stock Exchange, and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM

 

A copy of this announcement setting out the results of the AGM is also available on the Company's website at www.hostelworldgroup.com.

 

The full text of each of the resolutions is set out in the notice of AGM, copies of which are available on the Company's website (www.hostelworldgroup.com).

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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