TIDMHSW

RNS Number : 1603L

Hostelworld Group PLC

11 May 2022

LEI: 213800OC94PF2D675H41

11 May 2022

Hostelworld Group plc

( the "Company ")

RESULTS OF ANNUAL GENERAL MEETING

The Annual General Meeting of the Company (the "AGM") was held at 12.00 noon today.

All resolutions proposed at the AGM were duly passed on a poll and the results of each resolution were as follows:

 
                                                                                                            Percentage 
                   Votes                       Votes                                      Total              of ISC 
 Resolution         For             %           Against           %         Withheld       Votes Cast        Voted (%) 
 1. To adopt 
  the Company's 
  accounts 
  and the 
  Directors' 
  and Auditor's 
  Reports 
  for the 
  year ended 
  31 December 
  2021                 76,334,588   100.00%           -            0.00%        2,027          76,334,588       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 2. To approve 
  the Directors' 
  remuneration 
  report               72,837,695    95.42%       3,497,907        4.58%        1,014          76,335,602       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 3. To approve 
  the Directors' 
  Remuneration 
  Policy               61,225,024    80.20%     15,111,592        19.80%        -              76,336,616       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 4. To re-elect 
  Michael 
  Cawley as 
  a director           73,993,435    96.93%       2,341,153        3.07%        2,028          76,334,588       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 5. To re-elect 
  Carl G. 
  Shepherd 
  as a director        68,775,826    90.10%       7,558,762        9.90%        2,028          76,334,588       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 6. To re-elect 
  Éimear 
  Moloney 
  as a director        74,783,687    97.62%       1,822,929        2.38%        -              76,606,616       65.19% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 7. To re-elect 
  Gary Morrison 
  as a director        76,334,538   100.00%                  50    0.00%        2,028          76,334,588       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 8. To re-elect 
  Evan Cohen 
  as a director        74,552,446    97.67%       1,782,142        2.33%        2,028          76,334,588       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 9. To re- 
  elect Caroline 
  Sherry as 
  a director           76,336,302   100.00%                  50    0.00%          264          76,336,352       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 10. To 
  re-appoint 
  Deloitte 
  Ireland 
  LLP as 
  auditors 
  to the Company       73,565,323    96.37%       2,771,291        3.63%              1        76,336,614       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 11. To 
  authorise 
  the Directors 
  to fix the 
  auditors' 
  remuneration         73,568,160    96.38%       2,766,427        3.62%        2,029          76,334,587       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 12. To 
  authorise 
  the Directors 
  to allot 
  shares or 
  grant 
  subscription 
  or conversion 
  rights               70,695,759    92.61%       5,640,857        7.39%        -              76,336,616       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 13. To 
  authorise 
  the directors 
  to dis-apply 
  pre-emption 
  rights               76,308,524    99.96%           27,078       0.04%        1,014          76,335,602       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 14. To 
  authorise 
  the Company 
  to purchase 
  its own 
  shares               76,336,616   100.00%           -            0.00%        -              76,336,616       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 15. To 
  authorise 
  the Company 
  to make 
  political 
  donations 
  and incur 
  political 
  expenditure          63,247,047    82.85%     13,089,569        17.15%        -              76,336,616       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 16. To 
  authorise 
  the calling 
  of a general 
  meeting 
  other than 
  an Annual 
  General 
  Meeting 
  on not less 
  than 14 
  clear days' 
  notice               76,239,361    99.87%           97,255       0.13%        -              76,336,616       64.96% 
                  ---------------  --------  ------------------  -------  -------------  ----------------  ----------- 
 

Notes:

   (i)               Votes 'For' include those votes giving the Chair discretion. 

(ii) The number of ordinary shares in issue on 11 May 2022 was 117,505,396. Shareholders are entitled to one vote per share.

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

Resolutions 1 to 12 and 15 proposed at the AGM were passed as ordinary resolutions and Resolutions 13, 14 and 16 proposed at the AGM were passed as special resolutions.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed at the Annual General Meeting (other than ordinary business) are being submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

In accordance with the Listing Rules of Euronext Dublin, a copy of such resolutions has also been forwarded to Euronext Dublin and will shortly be available for inspection at https://direct.euronext.com/#/oamfiling and at the following address:

Companies Announcement Office

Euronext Dublin

28 Anglesea Street

Dublin 2

A copy of this announcement setting out the results of the AGM is also available on the Company's website at www.hostelworldgroup.com .

The full text of each of the resolutions passed at the AGM is set out in the notice of AGM, a copy of which is available on the Company's website ( www.hostelworldgroup.com ).

For further information contact:

Hostelworld Group plc Corporate@hostelworld.com

John Duggan, General Counsel and Company Secretary

Caroline Sherry, Chief Financial Officer

   Powerscourt (Financial PR adviser)                         hostelworld@powerscourt-group.com 

Eavan Gannon

Tel: +44 (0) 20 7250 1446

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May 11, 2022 10:58 ET (14:58 GMT)

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