RNS Number : 3240M
Charles Stanley Group PLC
27 July 2017
 

CHARLES STANLEY GROUP PLC

 

("Charles Stanley" or "the Company")

 

RESULT OF AGM

 

At the Company's Annual General Meeting held on Thursday 27th July 2017, all the resolutions which were set out in the Notice of Meeting circulated to shareholders on 28th June 2017 (the "Notice of Meeting"), were passed on a show of hands.

In accordance with Listing Rule 9.6.18 copies of all resolutions passed, other than ordinary business, will be submitted to the UK Listing Authority. Copies will be available at the National Storage Mechanism at www.hemscott.com/nsm.do .

DIRECTORATE CHANGE

David Pusinelli

As announced on 13th June 2017, following the AGM, David Pusinelli has now retired from the Board and of Charles Stanley & Co Limited, the Company's principal operating company.

 

Andrew Didham

Andrew Didham has now taken over the role of Senior Independent Director from David Pusinelli.

 

 

PROXY APPOINTMENT DISCLOSURE

 

The Annual General Meeting of Charles Stanley Group PLC was held on 27 July 2017

 

As at the date of the AGM the total number of shares in issue was 50,692,548.  Proxy appointments were received from shareholders of 43,271,106 ordinary shares amounting to 85.4% of the issued share capital.

 

For resolutions decided on a show of hands, the following levels of proxy appointments and associated instructions were received prior to the meeting:

 

Res No:

FOR*

AGAINST

Total

Votes

% of ISC

Votes

Withheld

No of Shares

% of total

No of Shares

% of total

Resolution 1 Adoption of Annual Report and Accounts

43,267,937

99.99

285

0.01

43,268,222

85.4

2,884

Resolution 2 Declaration of Dividend

43,268,577

99.99

1,584

0.01

43,270,141

85.4

965

Resolution 3 Approval of the Directors' Remuneration Report

43,252,384

99.99

6,369

0.01

43,258,753

85.3

12,353

Resolution 4 Re-election of Sir David Howard Bt.

43,261,181

100

0

0

43,261,181

85.3

9,925

Resolution 5

Re-election of Paul Abberley

43,246,271

99.96

16,225

0.04

43,262,496

85.3

8,610

Resolution 6 Re-election of Benjamin Money-Coutts

43,246,222

99.95

 

22,301

0.05

43,268,523

85.4

2,583

Resolution 7 Re-election of Gary Teper

43,266,790

99.99

2,816

0.01

43,269,606

85.4

1,500

Resolution 8 Re-election of Bridget Guerin

43,261,400

99.99

1,676

0.01

43,263,076

85.3

8,030

Resolution 9

Re-election of Andrew Didham

43,262,983

99.99

1,676

0.01

43,264,659

85.3

6,447

Resolution 10 Re-appointment of KPMG LLP as Auditor

43,263,275

99.99

2,612

0.01

43,265,887

85.3

5,219

Resolution 11

Authorise the Directors to determine the remuneration of the Auditors

43,270,141

100

0

0

43,270,141

85.4

965

Resolution 12

Renewal of authority to allot shares

43,256,126

99.99

3,676

0.01

43,259,802

85.3

11,304

Resolution 13

Disapplication of pre-emption rights

43,254,323

99.99

3,432

0.01

43,254,755

85.3

13,321

Resolution 14

Disapplication of pre-emption rights

43,250,090

99.99

4,382

0.01

43,254,472

85.3

16,634

Resolution 15

14 clear days' notice for general meetings

43,256,184

99.99

4,230

0.01

43,260,414

85.3

10,692

 

 

VOTES OF INDEPENDENT SHAREHOLDERS ON THE RESOLUTIONS CONCERNING THE RE-ELECTION OF THE INDEPDENT NON-EXECUTIVE DIRECTORS

 

As at the date of the AGM the total number of shares in issue was 50,692,548.  Proxy appointments were received from independent shareholders of 22, 640,012 ordinary shares amounting to 44.7% of the issued share capital.

 

Res No:

FOR*

AGAINST

Total

Votes

% of ISC

Votes

Withheld

No of Shares

% of total

No of Shares

% of total

Resolution 8 Re-election of

Bridget Guerin

22,638,336

99.99

 

1,676

0.01

22,640,012

44.7

8,030

Resolution 9

Re-election of Andrew Didham

22,639,919

99.99

1,676

0.01

22,640,012

44.7

6,447

 

*Includes discretionary votes

** A vote withheld is not a vote in law and, therefore cannot be counted in the calculation of the proportion of votes for and against a resolution.

 

For further information, please contact:

 

Charles Stanley

Joanne Higginson

PR Manager

Via Redleaf

Canaccord Genuity

Andrew Buchanan

020 7523 4661

Peel Hunt

Guy Wiehahn

020 7418 8893

Redleaf Communications

Charlie Geller

020 7382 4730

CScapitalmarkets@redleafpr.com

 

Notes to editors:

 

Charles Stanley traces its origins back directly to 1792 and is one of the oldest firms on the London Stock Exchange. Charles Stanley today provides holistic wealth management services to private clients, charities and smaller institutions.  These are delivered by over 400 professionals located in 24 offices throughout the UK, both direct to clients and to intermediaries. Our services include investment portfolio management and financial planning, supported by in-house administration to enhance the quality of service provided. In addition, Charles Stanley Direct provides an award winning direct to customer execution-only dealing platform for equities and funds.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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