Source - LSE Regulatory
RNS Number : 4085O
Fresnillo PLC
29 May 2020
 

                                                                                                        Fresnillo plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com

 

29 May 2020

 

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 18) and special resolutions (resolutions 19 to 22) as set out in the Company's notice of AGM dated 28 April 2020. The votes cast for resolutions 9 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

684,153,642

684,134,562

100.00

19,080

0.00

2,372,224

2: To approve the final dividend

686,525,347

686,523,749

100.00

1,598

0.00

520

3: To approve the Annual Report on Remuneration

686,514,636

683,506,552

99.56

3,008,084

0.44

11,231

4: To re-elect Mr Alberto Baillères

686,478,048

620,054,197

90.32

66,423,851

9.68

47,818

5: To re-elect Mr Alejandro Baillères

686,523,025

680,658,390

99.15

5,864,635

0.85

2,842

6: To re-elect Mr Juan Bordes

686,523,153

678,771,226

98.87

7,751,927

1.13

2,714

7: To re-elect Mr Arturo Fernández

686,519,553

678,767,626

98.87

7,751,927

1.13

6,314

8: To re-elect Mr Fernando Ruiz

685,610,780

629,877,821

91.87

55,732,959

8.13

915,086

9: To re-elect Mr Charles Jacobs

686,522,005

685,530,555

99.86

991,450

0.14

3,862

133,926,814**

132,935,364

99.26

991,450

0.74

3,862

10: To re-elect Ms Bárbara Garza Lagüera

686,511,253

678,753,042

98.87

7,758,211

1.13

14,614

133,916,062**

126,157,851

94.21

7,758,211

5.79

14,614

11: To re-elect Mr Alberto Tiburcio

686,523,152

677,216,282

98.64

9,306,870

1.36

2,714

133,927,961**

124,621,091

93.05

9,306,870

6.95

2,714

12: To re-elect Dame Judith Macgregor

686,524,105

686,512,046

100.00

12,059

0.00

1,762

133,928,914**

133,916,855

99.99

12,059

0.01

1,762

13: To re-elect Ms Georgina Kessel

686,523,253

686,516,137

100.00

7,116

0.00

2,614

133,928,062**

133,920,946

99.99

7,116

0.01

2,614

14: To re-elect Mr Luis Robles

686,522,553

686,517,664

100.00

4,889

0.00

3,314

133,927,362**

133,922,473

100.00

4,889

0.00

3,314

15: To elect Ms Guadalupe De la Vega

686,523,605

686,518,953

100.00

4,652

0.00

2,262

133,928,414**

133,923,762

100.00

4,652

0.00

2,262

16: To appoint the auditors

686,521,521

680,971,239

99.19

5,550,282

0.81

4,345

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

686,524,952

684,735,543

99.74

1,789,409

0.26

915

18: To give authority to Directors allot shares

686,520,998

685,907,881

99.91

613,117

0.09

4,869

19: To disapply pre-emption rights

686,518,827

684,613,685

99.72

1,905,142

0.28

7,040

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

686,518,526

682,225,747

99.37

4,292,779

0.63

7,340

21: To authorise purchase of own shares

686,426,035

679,818,776

99.04

6,607,259

0.96

99,831

22: Notice of general meetings

686,521,948

683,735,969

99.59

2,785,979

0.41

3,919

 

(*) = 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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

 

ENDS

 

 

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)7793 858 211

 

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, Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos1, Noche Buena and San Julián (Veins and Disseminated Ore Body), three development projects - the Pyrites Plant at Fresnillo, the optimisation of the beneficiation plant also at Fresnillo and Juanicipio, and six advanced exploration projects - Orisyvo, Centauro great potential, Centauro Deep, Guanajuato, Rodeo and Tajitos, 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


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
RAGBDGDURXDDGGC
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.