Source - LSE Regulatory
RNS Number : 9190J
Pearson PLC
29 April 2022
 

29 April 2022

 

Pearson plc

("Pearson" or the "Company")

 

Results of Annual General Meeting 2022

 

Pearson plc held its annual general meeting ("AGM") at 10:30am today. All resolutions set out in the Company's Notice of Annual General Meeting dated 24 March 2022 were proposed and approved on a poll.

 

The table below shows the results of the poll for each resolution. As at 6.30pm on 27 April 2022, the Company's issued share capital was 748,542,024 ordinary shares of 25p each. The Company does not hold any ordinary shares in Treasury. Therefore, the total voting rights in the Company were 748,542,024. The proportion of the Company's issued share capital represented by those votes cast is approximately 81.1%.

 

 


Resolution

For and Discretionary

% votes cast For and Discretionary

Against

% votes

cast Against

Total votes cast (excluding votes withheld)

% of issued capital voted

Withheld/

Abstentions*

1

To receive the 2021 report and accounts

607,069,864

99.98

105,340

0.02

607,175,204

81.11%

282,634

2

To declare a final dividend

606,041,385

99.77

1,382,688

0.23

607,424,073

81.15%

33,765

3

To elect Omid Kordestani

607,171,225

99.96

220,609

0.04

607,391,834

81.14%

66,004

4

To elect Esther Lee

607,280,088

99.98

119,067

0.02

607,399,155

81.14%

58,683

5

To elect Annette Thomas

607,285,695

99.98

115,892

0.02

607,401,587

81.14%

56,251

6

To re-elect Andy Bird

607,146,484

99.96

252,979

0.04

607,399,463

81.14%

58,375

7

To re-elect Sherry Coutu

522,486,159

86.46

81,849,313

13.54

604,335,472

80.74%

3,122,366

8

To re-elect Sally Johnson

606,852,131

99.91

559,233

0.09

607,411,364

81.15%

46,474

9

To re-elect Linda Lorimer

607,260,007

99.98

151,025

0.02

607,411,032

81.15%

46,806

10

To re-elect Graeme Pitkethly

607,224,439

99.97

178,324

0.03

607,402,763

81.14%

55,075

11

To re-elect Tim Score

547,133,973

90.54

57,194,222

9.46

604,328,195

80.73%

3,129,643

12

To re-elect Lincoln Wallen

607,246,008

99.97

155,517

0.03

607,401,525

81.14%

56,313

13

To approve the annual remuneration report

462,488,192

76.53

141,832,706

23.47

604,320,898

80.73%

3,136,939

14

To appoint the auditors

605,153,941

99.63

2,266,065

0.37

607,420,006

81.15%

37,832

15

To determine the remuneration of the auditors

606,442,545

99.84

978,777

0.16

607,421,322

81.15%

36,516

16

To authorise the company to allot ordinary shares

542,017,921

89.45

63,955,865

10.55

605,973,786

80.95%

1,484,052

17

To waive the pre-emption rights

553,468,800

91.12

53,922,335

8.88

607,391,135

81.14%

66,703

18

To waive the pre-emption rights - additional percentage

547,083,099

90.07

60,304,220

9.93

607,387,319

81.14%

70,519

19

To authorise the company to purchase its own shares

604,580,981

99.54

2,823,145

0.46

607,404,126

81.14%

53,712

20

To approve the holding of general meetings on 14 clear days' notice

582,934,119

95.97

24,476,515

4.03

607,410,634

81.15%

47,204

 

 

* Votes withheld are not legal votes.

 

In accordance with the Listing Rules, copies of the resolutions that do not constitute ordinary business at an annual general meeting will shortly be available for inspection at the National Storage Mechanism which is located at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

The Board appreciates the support shown by the majority of shareholders for the resolutions at today's AGM. We note the minority vote against Pearson's remuneration report. Pearson engages extensively with shareholders on a broad range of matters, including remuneration. We will continue to engage actively with shareholders to understand their views and, where applicable, their reasons for the minority vote against resolution 13 and will carefully consider all feedback. We will publish an update on that engagement and on any action taken as a result of this within six months of the AGM, in accordance with the UK Corporate Governance Code.

 

 

 

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