Source - LSE Regulatory
RNS Number : 0146T
Kier Group PLC
19 November 2021
 

KIER GROUP PLC

RESULT OF ANNUAL GENERAL MEETING

Kier Group plc (the "Company") announces the results of its Annual General Meeting held on 19 November 2021. The voting was held on a poll and the results for each resolution were as follows:

Resolution

Total votes validly cast1

% voted2

Votes for

% votes

for3

Votes

against

% votes against3

Votes withheld1

1

To receive the annual report and accounts for the year ended 30 June 2021

286,198,645

64.14%

286,118,657

99.97

79,988

0.03

36,491

2

To approve the directors' remuneration report for the year ended 30 June 2021

246,636,996

55.28%

182,346,972

73.93

64,290,024

26.07

39,592,985

3

To re-elect Mr MJ Lester as a director

286,188,735

64.14%

285,952,869

99.92

235,866

0.08

46,972

4

To re-elect Mr AOB Davies as a director

286,183,681

64.14%

286,059,243

99.96

124,438

0.04

52,026

5

To re-elect Mr SJ Kesterton as a director

286,186,174

64.14%

286,066,954

99.96

119,220

0.04

49,533

6

To re-elect Mr JR Atkinson as a director

286,179,445

64.14%

281,396,431

98.33

4,783,014

1.67

56,262

7

To re-elect Ms AJ Atkinson as a director

286,172,986

64.14%

285,960,138

99.93

212,848

0.07

62,721

8

To re-elect Dame Heather Rabbatts as a director

286,183,206

64.14%

270,574,684

94.55

15,608,522

5.45

52,501

9

To re-elect Mr CG Watson as a director

286,186,174

64.14%

285,979,082

99.93

207,092

0.07

49,533

10

To re-appoint PricewaterhouseCoopers LLP as auditor

286,181,371

64.14%

285,968,380

99.93

212,991

0.07

54,336

11

To authorise the Risk Management and Audit Committee to agree the remuneration of the auditor

286,191,838

64.14%

286,058,045

99.95

133,793

0.05

43,869

12

To authorise the directors to allot shares

286,187,862

64.14%

285,471,720

99.75

716,142

0.25

47,845

13

To authorise the directors to disapply pre-emption rights (general)

286,162,461

64.14%

283,791,765

99.17

2,370,696

0.83

73,246

14

To authorise the directors to disapply pre-emption rights (acquisition or specified capital investment)

286,172,978

64.14%

285,893,775

99.90

279,203

0.10

62,729

15

To adopt new Articles of Association

286,149,020

64.13%

286,005,977

99.95

143,043

0.05

86,687

16

To authorise the Company to call general meetings, other than annual general meetings, on not less than 14 clear days' notice

286,190,034

64.14%

285,126,224

99.63

1,063,810

0.37

45,673

17

To authorise pollical donations

286,119,635

64.13%

282,141,494

98.61

3,978,141

1.39

116,072

 

 

Notes:

 

1.      A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.

2.      Expressed as a percentage of the total issued share capital on 17 November 2021. The number of ordinary shares in issue on 17 November 2021 was 446,186,918.

3.      Expressed as a percentage of all votes validly cast (and does not include votes withheld). 

 

Shareholders are entitled to one vote per share. Resolutions 1 to 12 (inclusive) and Resolution 17 were passed as ordinary resolutions and resolutions 13 to 16 (inclusive) were passed as special resolutions. 

 

The Board notes that Resolution 2 (which related to the advisory vote on the Directors' Remuneration Report) was passed with 73.93% of votes in favour. 

 

Prior to the AGM, the Company conducted an extensive consultation with its largest shareholders on Directors' remuneration proposals and the Remuneration Committee will continue to reflect carefully on the points that they have raised. The Remuneration Committee will engage further with the Company's shareholders and the proxy advisers to understand their views. The Company will publish an update within the next six months on the views it has received from shareholders and the actions it has taken, or proposes to take, in response.

 

A copy of all resolutions passed, other than those concerning ordinary business, will today be submitted to the National Storage Mechanism in accordance with Listing Rule 9.6.2. These resolutions will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

The Kier Group plc Legal Entity Identifier is 2138002RKCU2OM4Y7O48.

 

 

For enquiries please contact:

Jaime Tham

Company Secretary

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