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MITIE Group PLC - Result of AGM

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 favour

          (as % of votes cast)

Votes against

(as % of votes cast)

Total number of votes cast

Votes withheld

 

1

Annual report & accounts

86.35%

 

13.65%

 

267,509,427

906,936

2

Remuneration report

92.07%

 

7.93%

 

267,509,427

9,739,725

3

Appointment of Derek Mapp

98.40%

 

1.60%

 

267,509,426

1,009,359

4

Appointment of Phil Bentley

99.73%

 

0.27%

 

267,509,427

823,358

5

Appointment of Sandip Mahajan

99.70%

 

0.30%

 

267,509,427

829,358

6

Appointment of Nivedita Krishnamurthy Bhagat

99.95%

 

0.05%

 

267,509,427

1,800,798

7

Re-appointment of Larry Hirst CBE

86.78%

 

13.22%

 

267,509,427

848,958

8

Re-appointment of Jack Boyer OBE

96.89%

 

3.11%

 

267,509,427

851,001

9

Re-appointment of 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

11

Auditors remuneration authority

97.63%

 

2.37%

 

267,509,427

831,133

12

Political donations

99.06%

 

0.94%

 

267,509,427

905,929

13

Authority to Allot shares

67.08%

 

32.92%

 

267,509,427

831,576

14

Disapplication of pre-emption rights (General)

76.82%

 

23.18%

 

267,509,427

904,215

15

Disapply pre-emption rights (Additional)

79.75%

 

20.25%

 

267,509,427

936,348

16

Market purchase of own shares

99.21%

 

0.79%

 

267,509,427

821,866

17

Short notice of 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: [email protected]

 

Anna Chen

Investor Relations Manager, Mitie Group plc

T: +44 (0) 203 123 8675                   M: +44 (0)781 852 7265                E: [email protected]

 

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
 
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