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Watches of Switzlnd. - Result of AGM

RNS Number : 0954C
Watches of Switzerland Group PLC
14 October 2020
 

14 October 2020

 

Watches of Switzerland Group PLC

Result of AGM held on 14th October 2020

 

The Board is pleased to announce that all of the resolutions set out in the Company's notice of AGM dated 14 September 2020 were voted on by way of a poll and were passed.  

 

The final voting figures are shown below.

Resolution

Total Votes cast

For

Against

Withheld

 

Number

Number

%

Number

%

Number

1.   To receive the Strategic Report, Directors' Report and the financial statements for the financial year ended 26 April 2020 together with the report of the auditor.

211,406,887

211,406,887

100.00%

0

0.00%

0

2.   To approve the Directors' Remuneration Report

211,406,887

210,086,289

99.38%

1,320,598

0.62%

0

3.   To re-elect Brian Duffy as a director

211,406,887

208,087,940

98.43%

3,318,947

1.57%

0

4.   To re-elect Anders Romberg as a director

211,406,887

208,087,940

98.43%

3,318,947

1.57%

0

5.   To re-elect Tea Colaianni as a director

211,406,887

210,540,296

99.93%

152,519

0.07%

714,072

6.   To re-elect Rosa Monckton as a director

211,406,887

211,406,887

100.00%

0

0.00%

0

7.   To re-elect Robert Moorhead as a director

211,406,887

211,406,887

100.00%

0

0.00%

0

8.   To re-elect Fabrice Nottin as a director

211,406,887

207,786,977

98.29%

3,619,910

1.71%

0

9.   To re-appoint Ernst & Young LLP as Auditors

211,406,887

211,406,887

100.00%

0

0.00%

0

10. To authorise the directors to determine the remuneration of the Auditors

211,406,887

211,406,887

100.00%

0

0.00%

0

11.  To give authority to the directors to allot shares

211,406,887

211,290,766

99.95%

116,121

0.05%

0

12. To give authority to the Company to make political donations or expenditure

211,406,887

204,451,978

99.29%

1,459,628

0.71%

5,495,281

13. To disapply pre-emption rights

211,406,887

211,405,337

100.00%

1,550

0.00%

0

14. To disapply pre-emption rights in connection with an acquisition or other capital investment

211,406,887

211,405,337

100.00%

1,550

0.00%

0

15. Notice of general meetings

211,406,887

210,408,131

99.53%

998,756

0.47%

0

 

 

When the AGM notice was approved for release to shareholders Jewel Holdco S.à r.l.was a controlling shareholder. However, they notified us that on 17th September 2020 their interest in the company's shares reduced to 28.3%. They therefore ceased to be a controlling shareholder before the AGM voting closed. Consequently we are not able to provide the votes on resolutions 5,6 and 7 (the election of the independent non-executive directors) excluding the controlling shareholder as there is no controlling shareholder to exclude.

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 239,455,554. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll. The scrutineer of the poll was Equiniti Limited.

In accordance with Listing Rule 9.6.2, Watches of Switzerland Group PLC will submit a copy of the resolutions dealing with the AGM special business approved today to the National Storage Mechanism and these will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

 

For further information, please visit our website investor.relations@thewosgroup.com or contact:

The Watches of Switzerland Group

·      Paul Eardley (Company Secretary)                                                 +44 (0) 20 7317 4600

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