TIDMPZC
RNS Number : 0590C
PZ CUSSONS PLC
26 September 2018
26 September 2018
PZ Cussons Plc ("the Company)
AGM Statement
At the Annual General Meeting of the Company held today at
Manchester Business Park, 3500 Aviator Way, Manchester, M22 5TG all
resolutions were passed on a poll. The polling result for each
resolution is set out below:
VOTES % VOTES % VOTES % of VOTES
FOR AGAINST TOTAL ISC WITHHELD
VOTED
01 333,254,891 99.96 141,721 0.04 333,396,612 77.76% 491,279
------------ ------- ----------- ----- ------------ ------- ----------
02 329,591,160 98.74 4,214,455 1.26 333,805,615 77.86% 82,275
------------ ------- ----------- ----- ------------ ------- ----------
03 333,880,904 100.00 6,987 0.00 333,887,891 77.88% 0
------------ ------- ----------- ----- ------------ ------- ----------
04 333,546,733 99.90 334,725 0.10 333,881,458 77.88% 5,263
------------ ------- ----------- ----- ------------ ------- ----------
05 331,955,011 99.42 1,926,447 0.58 333,881,458 77.88% 5,263
------------ ------- ----------- ----- ------------ ------- ----------
06 333,408,226 99.86 473,232 0.14 333,881,458 77.88% 5,263
------------ ------- ----------- ----- ------------ ------- ----------
07 333,865,006 100.00 14,036 0.00 333,879,042 77.88% 7,679
------------ ------- ----------- ----- ------------ ------- ----------
08 329,489,719 98.73 4,226,914 1.27 333,716,633 77.84% 170,087
------------ ------- ----------- ----- ------------ ------- ----------
09 333,862,581 100.00 14,036 0.00 333,876,617 77.88% 10,104
------------ ------- ----------- ----- ------------ ------- ----------
10 333,539,920 99.90 341,138 0.10 333,881,058 77.88% 5,663
------------ ------- ----------- ----- ------------ ------- ----------
11 333,512,221 99.89 364,893 0.11 333,877,114 77.88% 9,607
------------ ------- ----------- ----- ------------ ------- ----------
12 333,800,059 99.99 46,041 0.01 333,846,100 77.87% 41,790
------------ ------- ----------- ----- ------------ ------- ----------
13 333,861,154 100.00 11,219 0.00 333,872,373 77.88% 11,868
------------ ------- ----------- ----- ------------ ------- ----------
14 319,926,205 95.83 13,933,450 4.17 333,859,655 77.87% 28,236
------------ ------- ----------- ----- ------------ ------- ----------
15* 319,916,607 95.82 13,943,100 4.18 333,859,707 77.87% 28,184
------------ ------- ----------- ----- ------------ ------- ----------
16* 329,845,212 98.80 4,004,021 1.20 333,849,233 77.87% 38,657
------------ ------- ----------- ----- ------------ ------- ----------
17* 329,046,612 98.55 4,837,329 1.45 333,883,941 77.88% 3,950
------------ ------- ----------- ----- ------------ ------- ----------
18* 333,638,283 100.00 12,850 0.00 333,651,133 77.82% 236,758
------------ ------- ----------- ----- ------------ ------- ----------
*Special Resolution
VOTES OF INDEPENDENT SHAREHOLDERS ON THE RESOLUTIONS CONCERNING
THE
RE-ELECTION AND ELECTION OF THE INDEPENDENT NON-EXECUTIVE
DIRECTORS
Resolution VOTES % VOTES % VOTES % of VOTES
FOR AGAINST TOTAL ISC WITHHELD
VOTED
06 155,510,751 99.70 473,232 0.30 155,983,983 76.48% 5,263
------------ ------ ---------- ----- ------------ ------- ----------
07 155,967,531 99.99 14,036 0.01 155,981,567 76.48% 7,679
------------ ------ ---------- ----- ------------ ------- ----------
08 153,694,758 98.62 2,148,794 1.38 155,843,552 76.41% 145,694
------------ ------ ---------- ----- ------------ ------- ----------
09 155,965,106 99.99 14,036 0.01 155,979,142 76.48% 10,104
------------ ------ ---------- ----- ------------ ------- ----------
10 155,642,445 99.78 341,138 0.22 155,983,583 76.48% 5,663
------------ ------ ---------- ----- ------------ ------- ----------
11 155,614,746 99.77 364,893 0.23 155,979,639 76.48% 9,607
------------ ------ ---------- ----- ------------ ------- ----------
Notes:
(a) The votes "for" include those votes giving the Chairman
discretion.
(b) A "vote withheld" is not counted towards the votes cast
"for" or "against" a resolution.
(c) The total number of shares in issue on 26 September 2018 was
428,724,960.
Dividend Rectification
The Company also confirms its entry into certain arrangements
which constitute smaller related party transactions within the
scope of paragraph 11.1.10 of the Listing Rules.
In the notes to the Company's trading update issued on 14 June
2018 the Board referred to the identification of irregularities
concerning the payment of certain historic interim dividends to
Shareholders. Full details of those irregularities, their
consequences and the actions proposed to rectify them were set out
in the circular to shareholders dated 24 August 2018 giving notice
of the Annual General Meeting.
Following the approval by shareholders at the Annual General
Meeting of a resolution to approve the proposed rectification
steps, the Company today entered into a Deed of Release effectively
to waive any and all claims which the Company may have against
current or former Shareholders who received the relevant historic
dividends, and claims which the Company may have against relevant
directors and former directors, in each case in respect of those
elements of the relevant interim dividends which were, by reason of
such irregularities, technically unlawful.
Entry into the Deed of Release constitutes smaller related party
transactions of the Company within the meaning of paragraph 11.1.10
of the Listing Rules, in respect of which:
1 the related parties who are shareholders of the Company are
the Trustees of the Zochonis Charitable Trust and the Trustees of
the Sir J B Zochonis Will Trust;
2. the related parties who are directors or former directors of
the Company are C L Silver, G A Kanellis, B H Leigh, J K Maiden, H
Owers, J R Nicolson, J Arnold, C Davis, N Edozien, R Harvey, S
Heale, D Lewis, J Pantelireis and J Steel.
3. the value of the consideration attributable to each of those
transactions is not more than GBP15,743,321.
- ENDS -
For further information contact:
PZ Cussons plc Tel: 0161 435 1236
Brandon Leigh - Chief Financial Officer
Instinctif Tel: 020 7457 2020
Tim Linacre / Guy Scarborough
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
RAGMMGZLKVKGRZM
(END) Dow Jones Newswires
September 26, 2018 11:25 ET (15:25 GMT)
Pz Cussons (LSE:PZC)
Historical Stock Chart
From Apr 2024 to May 2024
Pz Cussons (LSE:PZC)
Historical Stock Chart
From May 2023 to May 2024
