30 April 2021
Photo-Me International plc
("Photo-Me")
Result of AGM
Photo-Me, the instant-service equipment group, held its 2020 Annual General Meeting ("AGM") today at the offices of Baker McKenzie LLP, 100 New Bridge Street, London, EC4V 6JA. All resolutions set out in the Notice of AGM, sent to shareholders on 7 April 2021, were passed on a show of hands.
The following levels of proxy appointments and associated instructions were received before the meeting:
| Ordinary Business | The number of shares in respect of which proxy appointments have been validly made | Proxy Votes For | Proxy Votes Against | Proxy Votes withheld | % for | % against | |
| Ordinary Resolutions | | | | | | | |
| 1. | To receive the Accounts and Report of the directors and the auditor for the 18 months ended 31 October 2020. | 264,377,994 | 264,251,768 | 126,226 | 0 | 99.95 | 0.05 |
| 2. | To approve the directors' remuneration report for the year ended 18 months 2020. | 264,377,994 | 241,461,350 | 22,902,100 | 14,544 | 91.34 | 8.66 |
| 3. | To approve the directors' remuneration policy. | 264,377,994 | 250,728,194
| 13,636,756 | 13,044 | 94.84 | 5.16 |
| 4. | To re-appoint Mazars LLP as auditor. | 264,377,994 | 263,167,899 | 1,195,551 | 14,544 | 99.95 | 0.45 |
| 5. | To authorise the directors to fix the remuneration of the auditor. | 264,377,994 | 263,142,013 | 1,231,981 | 4,000 | 99.53 | 0.47 |
| 6. | To re-elect Sir John Lewis as director. | 264,377,994 | 245,231,671 | 19,028,135 | 118,188 | 92.80 | 7.20 |
| 7. | To re-elect Serge Crasnianski as director. | 264,377,994 | 264,162,931 | 174,666 | 40,397 | 99.93 | 0.07 |
| 8. | To re-elect Françoise Coutaz-Replan as director. | 264,377,994 | 248,691,706 | 15,647,141 | 39,147 | 94.08 | 5.92 |
| 9. | To re-elect Jean-Marcel Denis as director. | 264,377,994 | 260,563,782 | 3,807,315 | 6,897 | 98.56 | 1.44 |
|
Special Business | | | | | | | |
| Ordinary Resolution | | | | | | | |
| 10. | To permit the Company to make political donations.
| 264,377,994 | 259,169,737 | 5,157,610 | 50,647 | 98.05 | 1.95 |
| 11. | To authorise the directors to allot shares and grant rights to subscribe for, or convert any security into, shares up to a maximum amount. | 264,377,994 | 258,266,078 | 6,096,519 | 15,397 | 97.69 | 2.31 |
| Special Resolutions | | | | | | | |
| 12. | To enable directors to allot shares for cash without first offering them to existing shareholders.
|
264,377,994 | 258,298,109 | 6,063,156 | 16,729 | 97.71 | 2.29 |
| 13. | To grant additional rights to the directors to enable them to allot shares for cash without first offering them to existing shareholders. | 264,377,994 | 258,291,004 | 6,062,364 | 24,626 | 97.71 | 2.29 |
| 14.
| To authorise the Company to make market purchases of its own shares. | 264,377,994 | 263,100,043 | 1,273,451 | 4,500 | 99.52 | 0.48 |
| 15. | To approve a payment to an ex-director outside of the remuneration policy. | 264,377,994 | 257,141,074 | 7,173,644 | 63,276 | 97.29 | 2.71 |
Notes:
1. Votes withheld have not been counted in the calculation of the proportion of the votes "for" and "against" resolutions.
2. Valid proxy instructions were received in respect of 264,377,994 shares representing 69.94% of the issued share capital.
3. Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.
Enquiries:
| Photo-Me International plc | |
| Del Mansi, Company Secretary | +44 (0) 1372 453 399 |
| Hudson Sandler | |
| Wendy Baker/Nick Moore | +44 (0) 20 7796 4133 |
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