RNS Number : 2391W
Sage Group PLC (The)
06 February 2025
 

RESULTS OF AGM

 

The Sage Group plc. ("Sage")

6 February 2025


Sage announces that all resolutions proposed to shareholders at its Annual General Meeting held on 6 February 2025 (the "AGM") were carried by the requisite majority on a poll.

 

The following table shows the votes cast for and against each resolution and the number of votes withheld:

 

 

Resolutions

Votes

For

Percent of votes cast for

Votes

Against

Percent of votes cast against

Total votes cast (excluding votes withheld)

Percent of total voting rights voted (excluding votes withheld)

Votes withheld

1.

Receive the Annual Report and Accounts

809,855,256

99.98%

125,395

0.02%

809,980,651

81.17

4,946,594

2.

Approve the Directors' Remuneration Report

789,980,030

97.00%

24,471,358

3.00%

814,451,388

81.62

475,856

3.

Approve the Directors' Remuneration Policy

655,779,523

80.72%

156,636,696

19.28%

812,416,219

81.41

2,511,025

4.

Declare a final dividend

814,430,319

99.99%

100,373

0.01%

814,530,692

81.62

396,553

5.

Re-elect Mr A Duff

801,314,236

98.39%

13,127,828

1.61%

814,442,064

81.61

485,181

6.

Re-elect Dr J Bates

810,970,893

99.57%

3,470,095

0.43%

814,440,988

81.61

486,257

7.

Re-elect Mr J Bewes

801,940,182

98.47%

12,499,262

1.53%

814,439,444

81.61

487,801

8.

Re-elect Ms M C Jones

814,384,751

99.99%

51,128

0.01%

814,435,879

81.61

491,366

9.

Re-elect Ms A Court

810,841,446

99.56%

3,594,580

0.44%

814,436,026

81.61

491,219

10.

Re-elect Ms R Donnelly

809,120,712

99.61%

3,199,771

0.39%

812,320,483

81.40

2,606,762

11.

Re-elect Mr D Harding

814,070,519

376,239

0.05%

814,446,758

81.61

480,487

12.

Re-elect Mr S Hare

813,435,198

99.87%

1,042,468

0.13%

814,477,666

81.62

449,579

13.

Re-elect Mr J Howell

810,743,026

99.54%

3,737,661

0.46%

814,480,687

81.62

446,558

14.

Appoint KPMG LLP as auditor

811,962,514

99.69%

2,517,427

0.31%

814,479,941

81.62

447,304

15.

Authority to determine the auditor's remuneration

814,500,186

100.00%

19,131

0.00%

814,519,317

81.62

407,928

16.

Political Donations

805,813,970

99.31%

5,600,761

0.69%

811,414,731

81.31

3,512,515

17.

The Sage Group plc. Long Term Incentive Plan

797,796,609

97.95%

16,693,995

2.05%

814,490,604

81.62

436,641

18.

Removal of discretionary plan 5% dilution limit for share plans

810,841,235

99.55%

3,637,889

0.45%

814,479,124

81.62

448,121

19.

Authority to allot new shares

776,971,585

95.39%

37,518,930

4.61%

814,490,515

81.62

436,729

20.

Authority to disapply pre-emption rights (general)*

674,549,478

82.82%

139,923,923

17.18%

814,473,401

81.62

453,843

21.

Authority to disapply pre-emption rights (acquisition or specified capital investment)*

658,241,842

80.87%

155,661,049

19.13%

813,902,891

81.56

1,024,353

22.

Authority to purchase own shares on market*

811,258,001

99.61%

3,186,611

0.39%

814,444,612

81.61

482,632

23.

General meetings to be held on not less than 14 clear days' notice*

788,190,786

96.77%

26,326,113

3.23%

814,516,899

81.62

410,345

 

NOTES:

 

1.   * Indicates a Special Resolution requiring 75% of votes cast to be carried.         

2.   All resolutions were passed.

 

3.   Votes "For" and "Against" are expressed as a percentage of votes cast.

 

4.   Votes "For" include discretionary votes given to the Chair.

 

5.   A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" and "Against" a resolution.

 

6.   To view the full wording of the resolutions, please refer to the Notice of 2025 Annual General Meeting on Sage's website at www.sage.com/investors.

 

7.   At 6.30pm on 4 February 2025, the total voting rights of Sage were 997,918,749. This is based on the issued share capital of 1,059,657,520 ordinary shares reduced by the number of treasury shares of 61,738,771.

 

In accordance with UKLR 6.4.2, copies of all the resolutions passed as special resolutions (resolutions 20 to 23 inclusive) will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

A copy of the AGM results as shown above will also be made available on Sage's website at www.sage.com/investors.

 

END

 

Name of contact:

Mohor Roy

Telephone number of contact:

+44(0) 203 810 7200

 

 

 

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