Source - LSE Regulatory
RNS Number : 8279X
AIB Group PLC
06 May 2021
 

 

 

 

 

6 May 2021

 

           AIB GROUP PLC (the "Company")

 

RESULTS OF ANNUAL GENERAL MEETING 2021
 

The Company announces that at its Annual General Meeting ("AGM"), held today at 10 Molesworth Street, Dublin 2, all of the resolutions proposed were duly passed on a poll.

Resolutions 1 to 7 (inclusive) were passed as ordinary resolutions and resolutions 8 to 13 (inclusive) were passed as special resolutions.

The full text of each resolution, together with explanatory notes, are set out in the Notice of AGM which was circulated to Shareholders on 1 April 2021 and made available on the Company's website at www.aib.ie/investorrelations

 

The results of the voting on the resolutions are as follows:

Resolution

Votes For

%

Votes Against

%

Total Votes Cast

Votes Withheld

1

To receive and consider the financial statements for the year together with the reports of the Directors and the Auditor thereon.

2,152,122,066

100.00

541

0.00

2,152,122,607

830,088

2

To authorise the Directors to fix the remuneration of the Auditor.

2,149,724,533

99.85

3,222,877

0.15

2,152,947,410

5,285

3

To consider the continuation in office of Deloitte as Auditor.

2,150,752,352

99.96

944,054

0.04

2,151,696,406

1,256,289

4(a)

To reappoint Basil Geoghegan.

2,152,480,869

100.00

106,484

0.00

2,152,587,353

365,342

4(b)

To reappoint Colin Hunt.

2,152,486,068

100.00

101,267

0.00

2,152,587,335

365,342

4(c)

To reappoint Sandy Kinney Pritchard.

2,152,480,931

100.00

106,427

0.00

2,152,587,358

365,297

4(d)

To reappoint Carolan Lennon.

2,152,485,966

100.00

101,449

0.00

2,152,587,415

365,280

4(e)

To reappoint Elaine MacLean.

2,152,390,584

99.99

196,813

0.01

2,152,587,397

365,298

4(f)

To appoint Andy Maguire.

2,152,569,825

100.00

17,220

0.00

2,152,587,045

365,650

4(g)

To reappoint Brendan McDonagh.

2,152,394,032

99.99

193,402

0.01

2,152,587,434

365,261

4(h)

To reappoint Helen Normoyle.

2,152,486,163

100.00

101,258

0.00

2,152,587,421

365,252

4(i)

To reappoint Ann O'Brien.

2,152,482,460

100.00

104,754

0.00

2,152,587,214

365,321

4(j)

To appoint Fergal O'Dwyer.

2,152,570,260

100.00

17,135

0.00

2,152,587,395

365,294

4(k)

To reappoint Raj Singh.

2,152,474,974

99.99

112,423

0.01

2,152,587,397

365,298

5

To consider the Directors' Remuneration Report.

2,151,675,785

99.94

1,268,640

0.06

2,152,944,425

8,270

6

To consider the Remuneration Policy.

2,150,023,026

99.92

1,739,247

0.08

2,151,762,273

1,190,404

7

To authorise the Directors to allot relevant securities.

2,144,967,724

99.63

7,979,536

0.37

2,152,947,260

5,412

8(a)

Limited authorisation for the Directors to disapply pre-emption rights.

2,152,580,743

99.98

366,388

0.02

2,152,947,131

5,564

8(b)

Limited authorisation for the Directors to disapply pre-emption rights for an acquisition or specified capital event.

2,151,323,706

99.92

1,622,921

0.08

2,152,946,627

6,068

9

To authorise the purchase by the Company of its own shares.

2,151,599,172

99.94

1,259,519

0.06

2,152,858,691

93,978

10

To determine the re-issue price range at which any treasury shares held may be re-issued off-market.

2,152,848,048

100.00

8,159

0.00

2,152,856,207

96,462

11

To approve the amendment of the Articles of Association.

2,152,937,051

100.00

7,875

0.00

2,152,944,926

7,747

12

To authorise the Directors to convene general meetings on 14 days' notice.

2,130,482,695

98.96

22,461,374

1.04

2,152,944,069

8,624

13

To approve the terms of the Directed Buyback Contract with the Minister for Finance and authorise the making of off market purchases of ordinary shares.

221,257,444

99.44

1,253,220

0.56

222,510,664

1,930,442,031

 

In accordance with Listing Rule 6.1.11 of Euronext Dublin and Listing Rule 9.2.2E of the Financial Conduct Authority, resolutions 4(a), (c), (d), (e), (f), (g), (h), (i), (j), and (k) relating to the election or re-election of the independent non-executive Directors, were passed by majority of each of:

-     the shareholders of the Company, and

-     the independent shareholders of the Company (that is, the shareholders of the Company entitled to vote on the election of Directors who are not controlling shareholders[1]).

Votes cast by shareholders excluding the controlling shareholder are shown below.

Resolution

Votes For

%

Votes Against

%

Total Votes Cast

Votes Withheld

4(a)

To reappoint Basil Geoghegan.

222,044,326

99.95

106,484

0.05

222,150,810

365,342

4(c)

To reappoint Sandy Kinney Pritchard.

222,044,388

99.95

106,427

0.05

222,150,815

365,297

4(d)

To reappoint Carolan Lennon.

222,049,423

99.95

101,449

0.05

222,150,872

365,280

4(e)

To reappoint Elaine MacLean.

221,954,041

99.91

196,813

0.09

222,150,854

365,298

4(f)

To appoint Andy Maguire.

222,133,282

99.99

17,220

0.01

222,150,502

365,650

4(g)

To reappoint Brendan McDonagh.

221,957,489

99.91

193,402

0.09

222,150,891

365,261

4(h)

To reappoint Helen Normoyle.

222,049,620

99.95

101,258

0.05

222,150,878

365,252

4(i)

To reappoint Ann O'Brien.

222,045,917

99.95

104,754

0.05

222,150,671

365,321

4(j)

To appoint Fergal O'Dwyer.

222,133,717

99.99

17,135

0.01

222,150,852

365,294

4(k)

To reappoint Raj Singh.

222,038,431

99.95

112,423

0.05

222,150,854

365,298

 

Notes:

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

2.     The total number of ordinary shares in issue as at Tuesday, 4 May 2021 was 2,714,381,237.

3.     The total number of ordinary shares held by shareholders excluding the controlling shareholder on Tuesday, 4 May 2021 was 783,944,694.

 

In accordance with Listing Rule 6.1.60 of Euronext Dublin and Listing Rule 9.6.2 of the Financial Conduct Authority, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today have been submitted to Euronext Dublin and the UK National Storage Mechanism and will be shortly available for inspection at www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.

-ENDS-

Contact details:

Conor Gouldson

Niamh Hore

Paddy McDonnell

Group Company Secretary

Head of Investor Relations

Head of Media Relations

AIB Molesworth Street

AIB Molesworth Street

AIB Molesworth Street

Dublin 2

Dublin 2

Dublin 2

Tel: +353-1-772 0030

Tel: +353-1-6411817

Tel: +353-87 7390743

email:

conor.w.gouldson@aib.ie

email:

niamh.a.hore@aib.ie    

email:

paddy.x.mcdonnell@aib.ie  

 

 

 

[1] Controlling shareholder: shareholder(s) that exercise or control more than 30% of the voting rights of the Company.

 

 

 

 

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