PayPoint plc announces that at the Annual General Meeting held today at 1 The Boulevard, Shire Park, Welwyn Garden City, Hertfordshire AL7 1EL all resolutions were passed on based upon proxy votes received. The proxy votes received were as follows:
Resolutions
Votes For 1
%
Votes Against
Total Votes
% of Issued Share Capital Voted
Votes Withheld2
1. To receive the annual report and accounts for the year ended 31 March 2020
52,090,920
99.98
8,622
0.02
52,099,542
76.14%
6,019
2. To approve the directors’ remuneration policy to take effect from 24 July 2020
45,225,049
87.32
6,565,202
12.68
51,790,251
75.69%
315,310
3. To approve the directors’ remuneration report for the year ended 31 March 2020
51,777,432
99.38
321,403
0.62
52,098,835
6,726
4. To declare a final dividend of 15.6 per ordinary share of the company for the year ended 31 March 2020
52,096,796
8,636
52,105,432
76.15%
129
5. To elect Mr Ben Wishart as a director of the company
52,049,581
99.90
54,324
0.10
52,103,905
1,656
6. To re-elect Ms Gill Barr as a director of the company
51,983,726
99.97
121,044
0.23
52,104,770
791
7. To re-elect Mr Giles Kerr as a director of the company
46,048,409
96.25
1,795,013
3.75
47,843,422
69.92%
4,262,139
8. To re-elect Mr Rakesh Sharma as a director of the company
51,738,060
99.30
366,710
0.70
9. To re-elect Mr Nick Wiles as a director of the company
52,073,590
99.94
31,180
0.06
10. To re-appoint KPMG LLP as auditor of the company
52,067,544
33,478
52,101,022
4,539
11. To authorise the directors to determine the auditor’s remuneration
52,066,611
99.93
33,911
0.07
52,100,522
5,039
12. To authorise the directors to allot shares
51,972,864
99.76
127,354
0.24
52,100,218
5,343
13. To dis-apply general statutory pre-emption rights3
51,894,803
99.61
202,234
0.39
52,097,037
8,524
14. To dis-apply additional statutory pre-emption rights3
202,514
52,097,317
8,244
15. To authorise the company to make market purchases of its ordinary shares up to 10% of the issued share capital3
52,053,636
99.95
28,243
0.05
52,081,879
76.12%
23,682
16. To allow any general meeting (other than an annual general meeting) to be called on 14 days’ notice3
51,519,859
98.88
585,071
1.12
52,104,930
631
17. To amend the PayPoint Restricted Share Plan
47,749,934
92.21
4,035,233
7.79
51,785,167
75.68%
320,394
1 Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions.
2 A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.
3 Special Resolutions requiring a 75% majority
The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 68,417,853.
The results will also be made available on the Company's website: http://corporate.paypoint.com/
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 available for inspection at the National Storage Mechanism: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
Sarah Carne
Company Secretary, PayPoint plc
Tel: 01707 600300
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