Source - LSE Regulatory
RNS Number : 2198Z
Games Workshop Group PLC
16 September 2020
 

Games Workshop Group PLC

(the "Company")

 

2020 AGM voting results

 

For immediate release                                                                                                                                16 September 2020

 

At the AGM held today at 10am, all of the resolutions, as set out in the notice of meeting, were duly passed on a poll by the shareholders. Details of the proxy votes received in respect of each resolution are detailed below and will be posted on the Company's investor relations website at investor.games-workshop.com 

 



 

 

 

Votes for

 

 

 

%

 

 

Votes against

 

 

 

%

 

 

Votes total

% of ISC voted

(exc votes withheld)

 

 

Votes withheld*

Ordinary business









Resolution 1

To receive the 2020 annual report

20,973,034

99.9

3,645

0.1

20,976,679

64.2

307,682

Resolution 2

To re-elect Kevin Rountree as a director

21,158,964

99.4

124,905

0.6

21,283,869

65.1

493

Resolution 3

To re-elect Rachel Tongue as a director

21,149,338

99.4

134,302

0.6

21,283,640

65.1

722

Resolution 4

To re-elect Nick Donaldson as a director

14,030,878

73.2

5,140,662

26.8

19,171,540

58.7

2,112,821

Resolution 5

To re-elect Elaine O'Donnell as a director

21,182,396

99.5

100,744

0.5

21,283,140

65.1

1,222

Resolution 6

To re-elect John Brewis as a director

20,500,102

96.3

783,037

3.7

21,283,139

65.1

1,222

Resolution 7

To re-elect Kate Marsh as a director

21,188,808

99.6

94,105

0.4

21,282,913

65.1

1,449

Resolution 8

To re-appoint Pricewaterhouse Coopers LLP as auditors

21,004,967

98.7

278,554

1.3

21,283,521

65.1

840

Resolution 9

To authorise the directors to fix the auditors remuneration

21,280,702

100%

2,524

0.0

21,283,226

65.1

1,136

Resolution 10

To approve the remuneration report (excluding the directors' remuneration policy)

20,434,999

96.3

785,639

3.7

21,220,638

64.9

63,723



 

Special business









Resolution 11

To authorise the directors to allot relevant securities

21,199,646

99.6

81,830

0.4

21,281,476

65.1

2,886

Resolution 12

To disapply pre-emption rights

21,184,687

99.5

95,042

0.5

21,279,729

65.1

4,633

Resolution 13

To authorise the directors to make market purchases of the Company's own shares

21,006,685

99.1

191,798

0.9

21,198,483

64.9

85,878

 

i)* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for and against resolutions

ii) Any votes that give discretion to the Chairman have been included in the "For" total.

iii) At close of business of 15 September 2020 there were 32,677,136 shares in issue.

 

The Board notes the result of Resolution 4 (the re-appointment of Nick Donaldson). From our previous communications with investors and proxy voting agencies, we understand that the concerns are largely in relation to Mr Donaldson being overboarded in terms of the calls on his time. The Board is confident that Mr Donaldson discharges effectively his role as Chairman, notwithstanding his other board commitments. As referenced in our recent Annual Report, Mr Donaldson will be standing down from the role of Chairman of Games Workshop with effect from 1 January 2021, and from the Board of Games Workshop no later than the 2021 AGM.

 

In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business of the meeting will be uploaded to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

 

 

 

For further information, please contact:

 

Games Workshop Group PLC                      



Kevin Rountree, CEO



Rachel Tongue, Group Finance Director






Investor relations website

http://investor.games-workshop.com

General website

www.games-workshop.com










The 2020 annual report and all other recent announcements may be viewed at the investor relations website at the address above.

 

 

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