Source - LSE Regulatory
RNS Number : 7517Z
Fresnillo PLC
21 May 2019
 

                                                                                                        Fresnillo plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com

 

21 May 2019

 

Fresnillo plc - Result of AGM

The Board is pleased to announce that all of the resolutions put to shareholders at today's Annual General Meeting were passed by means of a poll, including the ordinary resolutions  (resolutions 1 to 19) and special resolutions (resolutions 20 to 23) as set out in  the Company's notice of AGM dated 16 April 2019. The votes cast for resolutions 10 to 15 relating to the re-election and election of the independent Directors were duly passed by both a majority of the votes cast by the independent shareholders as well as by a majority of votes cast by all shareholders. These votes have been calculated separately and are shown below (independent shareholder votes cast being marked **).   

 

The final voting figures are shown below.

 

 

Resolution

Total Votes Cast

For (*)

Against (*)

Withheld

Number

%

Number

%

1: Presentation of the accounts

687,898,689

687,897,889

100.00

800

0.00

95,282

2: To approve the final dividend

687,983,544

687,983,544

100.00

0

0.00

10,427

3: To approve the Annual Report on Remuneration

687,978,210

683,901,409

99.41

4,076,801

0.59

15,761

4: To re-elect Mr Alberto Baillères

659,419,970

609,182,667

92.38

50,237,303

7.62

28,574,000

5: To re-elect Mr Alejandro Baillères

687,980,500

683,120,538

99.29

4,859,962

0.71

13,470

6: To re-elect Mr Juan Bordes

687,415,873

680,496,283

98.99

6,919,590

1.01

578,097

7: To re-elect Mr Arturo Fernández

687,415,818

680,496,228

98.99

6,919,590

1.01

578,157

8: To re-elect Mr Jaime Lomelín

687,980,500

686,791,496

99.83

1,189,004

0.17

13,470

9: To re-elect Mr Fernando Ruiz

687,407,586

610,041,187

88.75

77,366,399

11.25

586,384

10: To re-elect Mr Charles Jacobs

687,979,401

684,598,727

99.51

3,380,674

0.49

14,570

135,384,210**

132,003,536

97.50

3,380,674

2.50

14,570

11: To re-elect Ms Bárbara Garza Lagüera

687,414,774

683,437,252

99.42

3,977,522

0.58

579,197

134,819,583**

130,842,061

97.05

3,977,522

2.95

579,197

12. To re-elect Mr Alberto Tiburcio

687,949,400

684,333,405

99.47

3,615,995

0.53

14,570

135,354,209**

131,738,214

97.33

3,615,995

2.67

14,570

13. To re-elect Dame Judith Macgregor

687,979,401

687,943,688

99.99

35,713

0.01

14,570

135,384,210**

135,348,497

99.97

35,713

0.03

14,570

14. To re-elect Ms Georgina Kessel

687,978,901

687,947,463

100.00

31,438

0.00

15,070

135,383,710**

135,352,272

99.98

31,438

0.02

15,070

15. To elect Mr Luis Robles

687,978,951

687,975,850

100.00

3,101

0.00

14,520

135,383,760**

135,380,659

100.00

3,101

0.00

14,520

16. To approve Directors Remuneration Policy

687,724,009

681,945,248

99.16

5,778,761

0.84

269,961

17:To appoint the auditors

687,975,172

682,438,490

99.20

5,536,682

0.80

18,798

18: To allow the audit committee to determine the auditors remuneration

687,983,277

685,258,850

99.60

2,724,427

0.40

10,694

19: To give authority to Directors allot shares

687,982,322

686,720,113

99.82

1,262,209

0.18

11,649

20: To disapply pre-emption rights

687,982,487

687,552,777

99.94

429,710

0.06

11,484

21: To disapply pre-emption rights in in connection with an acquisition or other capital investment

687,981,636

682,830,045

99.25

5,151,591

0.75

12,334

22: To authorise purchase of own shares

687,874,924

680,682,980

98.95

7,191,944

1.05

119,046

23: Notice of general meetings

687,976,257

684,152,984

99.44

3,823,273

0.56

17,714

 

(*) = Includes discretionary votes

(**) =Votes cast by the independent shareholders

 

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 736,893,589 shares in issue. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll. The scrutineer of the poll was Equiniti Limited.

 

In accordance with Listing Rule 9.6.2, Fresnillo plc has submitted a copy of the resolutions dealing with the special business put to shareholders at the AGM today to the National Storage Mechanism, which will shortly be available for inspection at www.morningstar.co.uk/uk/NSM

 

For further information, please visit our website www.fresnilloplc.com or contact:

 

Fresnillo plc          

London Office                                  

Gabriela Mayor, Head of Investor Relations

Patrick Chambers

Tel: +44 (0)20 7399 2470

Mexico City Office

Ana Belem Zárate

Tel: +52 55 52 79 3206

 

Powerscourt

Peter Ogden

 

 

Tel: +44 (0)20 7250 1446

                                                          

About Fresnillo plc

Fresnillo plc is the world's largest primary silver producer and Mexico's largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.

Fresnillo plc has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine), Herradura, Soledad-Dipolos1, Noche Buena and San Julián, two development projects - the Pyrites Plant at Fresnillo and Juanicipio, and three advanced exploration projects - Orisyvo, Las Casas Rosario & Cluster Cebollitas and Centauro Deep, as well as a number of other long term exploration prospects.

Fresnillo plc has mining concessions and exploration projects in Mexico, Peru and Chile.

Fresnillo plc has a strong and long tradition of exploring, mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver.

Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company and Mexico's largest gold producer.

1 Operations at Soledad-Dipolos are currently suspended.

 

Forward Looking Statements

Information contained in this announcement may include 'forward-looking statements'. All statements other than statements of historical facts included herein, including, without limitation, those regarding the Fresnillo Group's intentions, beliefs or current expectations concerning, amongst other things, the Fresnillo Group's results of operations, financial position, liquidity, prospects, growth, strategies and the silver and gold industries are forward-looking statements. Such forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Forward-looking statements are not guarantees of future performance and the actual results of the Fresnillo Group's operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates, may differ materially from those described in, or suggested by, the forward-looking statements contained in this document. In addition, even if the results of operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates are consistent with the forward-looking statements contained in this document, those results or developments may not be indicative of results or developments in subsequent periods. A number of factors could cause results and developments to differ materially from those expressed or implied by the forward-looking statements including, without limitation, general economic and business conditions, industry trends, competition, commodity prices, changes in regulation, currency fluctuations (including the US dollar and Mexican Peso exchanges rates), the Fresnillo Group's ability to recover its reserves or develop new reserves, including its ability to convert its resources into reserves and its mineral potential into resources or reserves, changes in its business strategy and political and economic uncertainty.

LEI: 549300JXWH1UV5J0XV81


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