leadf
logo-loader
RNS
viewPendragon Group

PENDRAGON PLC - Result of AGM

(“the Company”)Pendragon PLC

Results of Annual General Meeting

The Annual General Meeting of the Company was held on Thursday at .  The results of each resolution are set out in the table below. 21 May 202010.30am

All resolutions were passed.  Resolutions 15 to 18 were passed as special resolutions.

Despite all resolutions having passed, the Board notes the number of votes recorded not in favour of resolutions 2, 3, 4 and 11.  The Company will continue to consult with shareholders who did not vote in favour of these resolutions and will provide an update within six months as required by the Corporate Governance Code.UK

In accordance with Listing Rule 9.6.2, copies of the resolutions that do not constitute ordinary business at an annual general meeting will be submitted to the National Storage Mechanism athttps://data.fca.org.uk/#/nsm/nationalstoragemechanism

The results will also be made available on the Company’s website atwww.pendragonplc.com

Richard Maloney

COMPANY SECRETARY

21 MAY 2020

Enquiries:                           Headland                                           Howard Lee                       Tel: 0203 805 4822                                                                                                       Henry Wallers

Resolution       Votes for   % For (to 2 Votes Against % Against (to  Votes
                                   d.p)                      2 d.p)     Withheld

1. To receive the 1,132,794,058   100.00       40,880         0.00      327,039
annual accounts
and Directors’
and Auditors
Reports for year
ended 31 December
2019

2. To approve the 889,274,828      78.48    243,783,685       21.52     103,463
annual report on
directors’
Remuneration for
year ended 31
December 2019

3. To approve the 665,116,001      58.70    467,942,512       41.30     103,463
directors’
remuneration
policy

4. To approve the 665,204,028      58.71    467,860,909       41.29      97,039
Pendragon Long
Term Incentive
Plan

5. To approve     1,132,985,692    99.99       72,517         0.01      103,768
Pendragon 2020
Sharesave Scheme

6. To re-appoint  922,469,585      81.46    209,687,182       18.54     725,210
Mr W Berman as a
director

7. To re-elect Mr 1,130,380,826    99.77      2,664,605       0.23      116,546
M S Casha as a
director

8. To re-appoint  1,132,545,793    99.96       496,355        0.04      119,829
Ms N K Flanders
as a director

9. To re-appoint  1,182,582,026    99.96       463,405        0.04      116,546
Mr B M Small as a
director

10. To re-elect   1,129,743,790    99.71      3,301,641       0.29      116,546
Mr M S Willis as
a director

11. To re-elect   745,437,947      65.79     387,607,483      34.21     116,546
Mr M D Wright as
a director

12. To appoint    1,074,795,016    94.85    58,305,206        5.15       61,854
KPMG LLP as
auditor of the
Company

13. To authorise  1,132,397,109    99.94       713,368        0.06       51,500
the directors to
determine the
remuneration of
the auditors

14. To authorise  1,131,123,031    99.83      1,967,113       0.17       71,833
the Directors to
allot shares in
the Company

15. To authorise  1,127,080,286    99.47      5,997,059       0.53       84,632
the directors to
call a general
meeting on not
less than 14
clear days’
notice

16. To authorise  1,132,950,780    99.99       139,364        0.01       71,833
the Directors to
dis-apply
pre-emption
rights when
allotting shares
in connection
with an
acquisition or
specified capital
investment

17. To authorise  1,132,690,349    99.97       383,017        0.03       88,611
the Directors to
dis-apply
pre-emption
rights when
allotting shares
in connection
with an
acquisition or
specific capital
investment which
is announced
contemporaneously
with, or has
taken place in
the preceding six
months

18. To authorise  1,132,782,870    99.97       337,628        0.03       41,479
the Company to
make market
purchases of its
shares

Quick facts: Pendragon Group

Price: 7.46

Market: LSE
Market Cap: £104.21 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE