30 April 2024
Rotork Plc
('the Company' or 'Rotork')
2024 Annual General Meeting - Poll Results
The Company's 2024 Annual General Meeting ('AGM') was held today in the Brunel Suite at the Bailbrook House Hotel, Eveleigh Avenue, London Road West, Bath, BA1 7JD. All resolutions, as set out in the Notice of AGM dated 26 March 2024 and put to the meeting, were decided by a poll and were passed.
Resolutions 1 to 14 were each passed as an ordinary resolution and resolutions 15 to 19 were each passed as a special resolution.
The following table summarises the final poll result for each resolution:
|
Resolution |
For 2 |
Against2 |
No. of Votes withheld3 |
Total Capital Instructed |
|||
|
No. of Shares |
% |
No. of Shares |
% |
||||
|
1. |
To receive the 2023 Annual Report and audited accounts |
686,561,919 |
99.99 |
4,474 |
0.01 |
970,952 |
686,566,393 |
|
2. |
To declare a final dividend of 4.65p per ordinary share |
687,522,080 |
99.99 |
6,615 |
0.01 |
8,650 |
687,528,695 |
|
3. |
To approve the Directors' Remuneration Report |
678,625,474 |
98.73 |
8,729,791 |
1.27 |
182,080 |
687,355,265 |
|
4. |
To re-elect TR Cobbold as a director |
686,321,809 |
99.86 |
988,291 |
0.14 |
227,245 |
687,310,100 |
|
5. |
To elect AJ Heath as a director |
687,164,354 |
99.98 |
147,342 |
0.02 |
225,649 |
687,311,696 |
|
6. |
To re-elect KT Huynh as a director |
687,262,538 |
99.99 |
54,800 |
0.01 |
220,007 |
687,317,338 |
|
7. |
To re-elect KFS Meurk-Harvey as a director |
686,330,724 |
99.86 |
971,490 |
0.14 |
232,893 |
687,302,214 |
|
8. |
To elect B Peacock as a director |
685,630,773 |
99.76 |
1,680,923 |
0.24 |
225,649 |
687,311,696 |
|
9. |
To re-elect JE Stipp as a director |
645,714,287 |
93.95 |
41,596,165 |
6.05 |
226,893 |
687,310,452 |
|
10. |
To re-elect DC Thompson as a director |
680,652,557 |
99.03 |
6,662,139 |
0.97 |
222,649 |
687,314,696 |
|
11. |
To appoint KPMG LLP as auditor of the Company |
687,121,009 |
99.95 |
364,036 |
0.05 |
50,461 |
687,485,045 |
|
12. |
To authorise the Audit Committee to determine auditor's remuneration |
687,475,221 |
99.99 |
13,712 |
0.01 |
48,412 |
687,488,933 |
|
13. |
Authority to make political donations |
685,658,116 |
99.79 |
1,459,304 |
0.21 |
419,925 |
687,117,420 |
|
14. |
Authority for the directors to allot shares |
667,978,250 |
97.17 |
19,487,121 |
2.83 |
71,974 |
687,465,371 |
|
15. |
General authority to dis-apply pre-emption rights* |
670,028,200 |
97.47 |
17,382,874 |
2.53 |
126,271 |
687,411,074 |
|
16. |
Authority to dis-apply pre-emption rights for acquisitions / capital investments* |
647,499,033 |
94.19 |
39,914,445 |
5.81 |
123,867 |
687,413,478 |
|
17. |
Authority to purchase own ordinary shares* |
684,243,736 |
99.53 |
3,206,665 |
0.47 |
86,944 |
687,450,401 |
|
18. |
Authority to purchase own preference shares* |
684,476,726 |
99.57 |
2,972,325 |
0.43 |
88,294 |
687,449,051 |
|
19. |
Notice period for general meetings* |
636,195,480 |
92.54 |
51,301,796 |
7.46 |
40,069 |
687,497,276 |
*Passed as a special resolution
The Board of Rotork plc is pleased to note that all resolutions were passed at today's AGM and we welcome the substantial support of the Company's shareholders for all the resolutions proposed.
The Company confirms that Ann Christin Andersen and Jonathan Davis both stepped down from the Board as directors at the conclusion of today's AGM. These changes were previously announced on 29 June 2023 (RNS Number 3848E) and 12 September 2023 (RNS Number 0785M) respectively.
Notes:
1. The total votes cast in favour of each resolution include those giving the Chair discretion.
2. Votes "For" and "Against" are expressed as a percentage of votes received with percentages rounded to two decimal places.
3. A "vote withheld" is not a vote in law and is not counted in the calculation of the votes "for" or "against" a resolution.
4. The total number of ordinary 0.5p shares in issue on 30 April 2024 was 859,132,400 with no shares being held in treasury. The total number of voting rights in respect of these ordinary shares was 859,132,400 with each ordinary share having one vote.
5. In accordance with Listing Rule 9.6.2, a copy of all resolutions passed by the Company, other than those resolutions concerning ordinary business, will be submitted to the UK Listing Authority and made available for inspection from the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
6. A copy of this announcement has been posted on the Company's website at www.rotork.com/investors/index/agm.
7. Legal Entity Identifier: 213800AH5RZIHGWRJ718
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Enquiries:
|
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Rotork plc |
Tel: +44 (0)1225 733 200 |
|
Stuart Pain, Group General Counsel & Company Secretary Andrew Carter, Investor Relations Director |
|
|
|
|
|
FTI Consulting |
|
|
Nick Hasell/Susanne Yule |
Tel: + 44 (0)20 3727 1340 |
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