TIDMMTO
RNS Number : 1775M
MITIE Group PLC
26 July 2017
26 July 2017
Mitie Group plc
Result of AGM
At the Annual General Meeting (AGM) of Mitie Group plc (Mitie),
held on 26 July 2017, all the resolutions put to the meeting were
passed. The details of the votes cast are shown in a table below.
The full text of each of the resolutions is shown in the Notice of
the AGM, which is available on our website at www.mitie.com. The
total of votes cast was 267,509,427 representing 72.05% of Mitie's
issued share capital.
Mitie acknowledges that, whilst the following resolutions were
passed, a high number of votes were received against each of
them:
Resolution 13, in relation to Directors' authority to allot
shares;
Resolution 14, in relation to a general authority to disapply
pre-emption rights; and
Resolution 15, which sought additional authority to disapply
pre-emption rights in connection with the financing of an
acquisition or specified capital investment, limited to the
equivalent of 5% of Mitie's issued share capital (excluding
treasury shares).
A process of shareholder consultation has commenced and Mitie
will continue to engage with those shareholders who either withheld
their vote, or voted against these resolutions, to improve
understanding and, if possible, allay any such concerns for the
future.
Mitie further acknowledges that resolution 10, in relation to
the reappointment of Deloitte LLP as external auditor, was passed
but with a high number of votes received against it, as well as
withheld. Mitie has announced that it is undertaking a tender
process during July, August and September 2017, and will announce a
new external auditor in due course.
Copies of all special resolutions have been submitted to the UK
Listing Authority and will shortly be made available for inspection
on the National Storage Mechanism at www.hemscott.com/nsm.do.
AGM - Poll results
Resolution Votes in Votes Total Votes
favour against number withheld
(as % of (as % of votes
votes cast) of votes cast
cast)
Annual report &
1 accounts 86.35% 13.65% 267,509,427 906,936
-------------------------- ------- ---------- ------------ -------------
2 Remuneration report 92.07% 7.93% 267,509,427 9,739,725
-------------------------- ------- ---------- ------------ -------------
Appointment of Derek
3 Mapp 98.40% 1.60% 267,509,426 1,009,359
-------------------------- ------- ---------- ------------ -------------
Appointment of Phil
4 Bentley 99.73% 0.27% 267,509,427 823,358
-------------------------- ------- ---------- ------------ -------------
Appointment of Sandip
5 Mahajan 99.70% 0.30% 267,509,427 829,358
-------------------------- ------- ---------- ------------ -------------
Appointment of Nivedita
6 Krishnamurthy Bhagat 99.95% 0.05% 267,509,427 1,800,798
-------------------------- ------- ---------- ------------ -------------
Re-appointment of
7 Larry Hirst CBE 86.78% 13.22% 267,509,427 848,958
-------------------------- ------- ---------- ------------ -------------
Re-appointment of
8 Jack Boyer OBE 96.89% 3.11% 267,509,427 851,001
-------------------------- ------- ---------- ------------ -------------
Re-appointment of
9 Mark Reckitt 90.06% 9.94% 267,509,427 851,001
-------------------------- ------- ---------- ------------ -------------
10 Appointment of auditors 70.61% 29.39% 267,509,426 44,081,945
-------------------------- ------- ---------- ------------ -------------
Auditors remuneration
11 authority 97.63% 2.37% 267,509,427 831,133
-------------------------- ------- ---------- ------------ -------------
12 Political donations 99.06% 0.94% 267,509,427 905,929
-------------------------- ------- ---------- ------------ -------------
Authority to Allot
13 shares 67.08% 32.92% 267,509,427 831,576
-------------------------- ------- ---------- ------------ -------------
Disapplication of
pre-emption rights
14 (General) 76.82% 23.18% 267,509,427 904,215
-------------------------- ------- ---------- ------------ -------------
Disapply pre-emption
15 rights (Additional) 79.75% 20.25% 267,509,427 936,348
-------------------------- ------- ---------- ------------ -------------
Market purchase
16 of own shares 99.21% 0.79% 267,509,427 821,866
-------------------------- ------- ---------- ------------ -------------
Short notice of
17 meetings 88.04% 11.96% 267,509,426 816,058
-------------------------- ------- ---------- ------------ -------------
-Ends-
For further information, contact:
Peter Dickinson
General Counsel and Company Secretary, Mitie Group plc
T: +44 (0) 203 123 8157 M: +44 (0)776 821 5013 E:
peter.dickinson@mitie.com
Anna Chen
Investor Relations Manager, Mitie Group plc
T: +44 (0) 203 123 8675 M: +44 (0)781 852 7265 E:
anna.chen@mitie.com
Notes for editors
About Mitie Group
Mitie is a FTSE 250 business providing a wide range of
facilities management and professional services, from real estate
consultancy, project management, energy consultancy, compliance,
risk assessment and security systems to cleaning, catering,
engineering, technical and environmental services and a range of
specialist services.
We work in partnership with organisations to deliver long-term
savings, managing and maintaining some of the nation's most
recognised landmarks for a range of blue-chip public and private
sector customers.
We are the UK's largest Facilities Management Company employing
some 60,000 people across the country.
Find out more at www.mitie.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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