Source - RNS
RNS Number : 3797L
Royal Bank of Scotland Group PLC
29 April 2020
 

The Royal Bank of Scotland Group plc - Result of Annual General Meeting

29 April 2020

 

Following the Annual General Meeting held today, The Royal Bank of Scotland Group plc announces the results of the poll vote for each resolution as follows. Resolutions 21, 22, 24, 25, 27, 28 and 29 were passed as special resolutions.


For

% of votes cast

Against

% of votes cast

Total votes cast as % of Voting  Share Capital

Withheld *

Resolution 1

To receive the 2019 Report and Accounts

43,193,851,268

99.99

4,041,816

0.01

89.29%

239,058,916

Resolution 2

To approve the Directors' Remuneration Policy

39,142,662,676

90.14

4,281,775,516

9.86

89.76%

12,426,752

Resolution 3

To approve the Annual Report on Remuneration in the Directors' Remuneration Report

39,241,815,668

90.40

4,166,591,108

9.60

89.73%

28,522,020

Resolution 4

To declare a final dividend of 3 pence per ordinary share

Withdrawn






Resolution 5

To declare a special dividend of 5 pence per ordinary share

Withdrawn






Resolution 6

To re-elect Howard Davies as a Director

43,396,570,328

99.91

38,160,816

0.09

89.78%

2,215,524

Resolution 7

To elect Alison Rose-Slade as a Director

43,430,860,052

99.99

4,082,896

0.01

89.78%

2,011,964

Resolution 8

To re-elect Katie Murray as a Director

43,426,604,588

99.98

7,377,524

0.02

89.78%

2,954,820

Resolution 9

To re-elect Frank Dangeard as a Director

42,035,116,200

96.78

1,398,477,400

3.22

89.78%

3,346,660

Approval of Frank Dangeard's re-election by independent shareholders only

11,997,182,164

89.56

1,398,477,400

10.44

73.04%

3,346,660

Resolution 10

To re-elect Patrick Flynn as a Director

43,198,307,464

99.99

4,499,844

0.01

89.30%

234,146,420

Approval of Patrick Flynn's  re-election by independent shareholders only

13,160,373,428

99.97

4,499,844

0.03

71.78%

234,146,420

Resolution 11

To re-elect Morten Friis as a Director

43,428,815,132

99.99

4,739,464

0.01

89.78%

3,401,440

Approval of Morten Friis' re-election by independent shareholders only

13,390,881,096

99.96

4,739,464

0.04

73.04%

3,401,440

Resolution 12

To re-elect Robert Gillespie as a Director

41,779,688,464

96.19

1,653,918,564

3.81

89.78%

3,349,256

Approval of Robert Gillespie's  re-election by independent shareholders only

11,741,754,428

87.65

1,653,918,564

12.35

73.04%

3,349,256

Resolution 13

To elect Yasmin Jetha as a Director

 

43,429,190,080

99.99

4,487,112

0.01

89.78%

3,278,208

Approval of Yasmin Jetha's election by independent shareholders

13,391,256,044

99.97

4,487,112

0.03

73.04%

3,278,208

Resolution 14

To re-elect Baroness Noakes as a Director

43,421,372,608

99.97

12,504,312

0.03

89.78%

3,079,364

Approval of Baroness Noakes' re-election by independent shareholders only

13,383,438,572

99.91

12,504,312

0.09

73.04%

3,079,364

Resolution 15

To re-elect Mike Rogers as a Director

41,819,733,972

96.80

1,382,985,292

3.20

89.30%

234,237,020

Approval of Mike Rogers' re-election by independent shareholders only

11,781,799,936

89.49

1,382,985,292

10.51

71.78%

234,237,020

Resolution 16

To re-elect Mark Seligman as a Director

42,049,794,024

96.82

1,383,301,136

3.18

89.78%

3,409,124

Approval of Mark Seligman's  re-election by independent shareholders only

12,011,859,988

89.67

1,383,301,136

10.33

73.03%

3,409,124

Resolution 17

To re-elect  Lena Wilson  as a Director

43,128,649,808

99.30

305,093,552

0.70

89.78%

3,209,972

Approval of  Lena Wilson's re-election by independent shareholders only

13,090,715,772

97.72

305,093,552

2.28

73.04%

3,209,972

Resolution 18

To re-appoint Ernst & Young LLP as auditors

 

43,430,280,572

99.99

4,995,440

0.01

89.78%

1,671,872

Resolution 19

To authorise the Group Audit Committee to fix the remuneration of the auditors

43,432,590,384

99.99

2,953,800

0.01

89.78%

1,411,764

Resolution  20

To renew the directors' authority to allot shares in the Company

43,137,894,100

99.32

296,419,460

0.68

89.78%

2,640,224

Resolution 21

To renew the directors' authority to allot equity securities on a non pre-emptive basis in connection with an offer or issue of equity securities

 

43,407,035,288

99.94

27,124,212

0.06

89.78%

2,796,784

Resolution 22

To renew the directors' authority to allot equity securities on a non pre-emptive basis in connection with the purposes

of financing a transaction

 

43,174,307,452

99.40

259,744,712

0.60

89.78%

2,903,884

Resolution 23

To renew  the directors' authority to allot ordinary shares or grant rights to subscribe for or to convert any security into ordinary shares in relation to  Equity Convertible Notes

 

43,174,515,236

99.40

259,403,192

0.60

89.78%

3,032,340

Resolution 24

To renew the  directors' authority to allot equity securities on a non pre-emptive basis  in connection with Equity Convertible Notes 

43,166,050,844

99.39

266,893,896

0.61

89.78%

4,011,540

Resolution 25

To renew the authority to permit the holding of General Meetings at 14 clear days' notice

42,866,565,732

98.69

567,838,944

1.31

89.78%

2,504,180

Resolution 26

To renew the authority in respect of  political donations and expenditure by the Company in terms of Section 366 of the Companies Act 2006

43,052,817,560

99.12

380,529,888

0.88

89.78%

3,577,856

Resolution 27

To renew the authority for the Company to purchase its own shares on a recognised investment exchange

43,172,922,656

99.40

261,947,636

0.60

89.78%

2,072,664

Resolution 28

To renew the authority to make off-market purchases of ordinary shares from HM Treasury

13,369,394,528

99.79

27,570,348

0.21

27.69%

2,045,896

Resolution 29

To amend the Company's Articles of Association

43,427,889,736

99.99

4,067,572

0.01

89.77%

4,985,540

Resolution 30

To approve the Employee Share Ownership Plan

43,423,028,032

99.98

10,314,104

0.02

89.78%

3,600,416

* A vote Withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" and "Against" a resolution.

 

In accordance with the UK Listing Authority's listing rules, copies of the amended Articles of Association and the resolutions that do not constitute ordinary business at an annual general meeting will shortly be available for inspection at the National Storage Mechanism which is located at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

As at 27 April 2020 (being the latest date by which shareholders who wanted to vote at the Annual General Meeting must have been entered on the company's Register of Members) the total number of voting rights in the company was 48,379,236,768 .  

 

Contact

 

RBS Media Centre

+44 (0)131 523 4205

 

 

Legal Entity Identifier: 2138005O9XJIJN4JPN90

 


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