Source - LSE Regulatory
RNS Number : 5909Y
SIG PLC
13 May 2021
 

13 May 2021

 

SIG plc

("SIG" or the "Company")

Results of Annual General Meeting ("AGM") held on 13 May 2021

 

LEI: 213800VDC1BKJEZ8PV53

 

SIG plc announces that at its Annual General Meeting (AGM) held earlier today, all the resolutions put to shareholders were passed by the requisite majorities.  Resolutions 1 -15 were passed as ordinary resolutions and Resolutions 16 - 21 were passed as special resolutions.  The results of the polls are as follows:









RESOLUTION

FOR

 

 

 

%

AGAINST

 

 

 

%

TOTAL

% OF ISSUED SHARE CAPITAL

 

 

 

WITHHELD

ORDINARY RESOLUTION








1.    To receive the financial statements for the year ended 31 December 2020 together with the reports of the Directors and Auditors thereon

922,725,438

99.99%

75,792

0.01%

922,801,230

78.10%

43,955,570

2.    To approve the Annual Statement of the Chair of the Remuneration Committee and the Directors' Remuneration Report for the year ended 31 December 2020

726,297,790

76.55%

222,519,260

23.45%

948,817,050

80.30%

17,939,750

3.    To re-elect Andrew Allner as a Director

903,513,638

97.90%

19,402,886

2.10%

922,916,524

78.11%

43,840,276

4.    To re-elect Steve Francis as a Director

966,609,013

99.99%

132,033

0.01%

966,741,046

81.82%

15,754

5.    To elect Ian Ashton as a Director

966,619,229

99.99%

114,171

0.01%

966,733,400

81.82%

23,400

6.    To elect Shatish Dasani as a Director

966,685,243

100.00%

44,407

0.00%

966,729,650

81.82%

27,150

7.    To elect Bruno Deschamps as a Director

730,415,844

86.71%

111,938,604

13.29%

842,354,448

71.29%

124,402,352

8.    To elect Kath Durrant as a Director

966,632,114

99.99%

102,913

0.01%

966,735,027

81.82%

21,773

9.    To elect Simon King as a Director

966,693,250

100.00%

41,777

0.00%

966,735,027

81.82%

21,773

10.  To re-elect Gillian Kent as a Director

955,053,531

98.79%

11,689,142

1.21%

966,742,673

81.82%

14,127

11.  To re-elect Alan Lovell as a Director

955,008,656

98.79%

11,734,017

1.21%

966,742,673

81.82%

14,127

12.  To elect Christian Rochat as a Director

846,532,656

99.87%

1,076,484

0.13%

847,609,140

71.74%

119,147,660

13.  To re-appoint Ernst & Young LLP as Auditor to the Company

922,840,450

95.46%

43,907,294

4.54%

966,747,744

81.82%

9,056

14.  To authorise the Audit Committee of the Board to determine the Auditor's remuneration

966,695,311

100.00%

43,550

0.00%

966,738,861

81.82%

17,939

15.  To authorise the Directors to allot shares in the Company or grant rights to subscribe for or convert any security into shares in the Company

905,768,747

98.14%

17,156,943

1.86%

922,925,690

78.11%

43,831,110

SPECIAL RESOLUTION








16.  The Directors be empowered pursuant to the Companies Act 2006 to allot equity securities for cash

966,599,730

99.98%

145,798

0.02%

966,745,528

81.82%

11,272

17.  The Directors be empowered pursuant to the Companies Act 2006 to allot equity securities for cash

920,113,685

95.18%

46,629,562

4.82%

966,743,247

81.82%

13,553

18.  That the Company is authorised pursuant to the Companies Act 2006 to make market purchases

922,747,013

95.45%

43,971,348

4.55%

966,718,361

81.82%

38,439

19.  That a general meeting of the Company, other than AGM, may be called on not less than 14 clear days' notice

821,298,643

84.95%

145,449,085

15.05%

966,747,728

81.82%

9,072

20.  That, subject to court approval, the entire amount standing the credit of the Company's share premium account be cancelled

966,594,638

99.99%

129,062

0.01%

966,723,700

81.82%

33,100

21.  That the articles of association produced at the meeting be adopted as the new articles of the Company.

966,604,640

99.99%

111,587

0.01%

966,716,227

81.82%

40,573

                       

Notes

1.         Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.

2.         A "vote withheld" is not a vote in law and is not counted in the calculation proportion of the votes "for" or "against" a resolution.

3.         In accordance with UK Listing Rule 9.6.2, copies of all resolutions passed other than resolutions concerning ordinary business have been submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

4.         A copy of the Annual General Meeting results will be available on the SIG plc website at www.sigplc.com.

5.         Issued share capital as at 13 May 2021 is 1,181,556,977 ordinary shares of 10 pence each in the capital of the Company.

All resolutions were duly passed, and we would like to take this opportunity to thank our shareholders for their ongoing support.

In relation to Resolution 2, the Board welcomes the majority support for the Annual Statement by the Chair of the Remuneration Committee and the Directors' Remuneration Report for the year ended 31 December 2020. The Board intends to consult with shareholders over the coming months and expects to provide an update on the Company's website on this consultation process and any actions taken or proposed to be taken within six months of today's date in accordance with the UK Corporate Governance Code 2018.

 

Enquiries

 

SIG plc

Andrew Allner, Chairman                                                        +44 (0) 114 285 6300

Steve Francis, Chief Executive Officer                                   +44 (0) 114 285 6300

Ian Ashton, Chief Financial Officer                                          +44 (0) 114 285 6300

 

FTI Consulting

Richard Mountain                                                                      +44 (0) 20 3727 1340

 

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