TIDMASHM
RNS Number : 2176N
Ashmore Group PLC
21 October 2016
Ashmore Group plc (the "Company")
21 October 2016
Results of Annual General Meeting ("AGM")
The Board of Ashmore Group plc (the "Board"), is pleased to
announce that at the AGM of the Company held earlier today all
resolutions were duly passed on a poll. All of the resolutions are
accordingly declared as carried. Resolutions 5, 6, 7, 8 and 9,
relating to the election of Independent Non-executive Directors,
are carried by a majority of votes cast by both Independent
Shareholders as well as by a majority of votes cast by all
Shareholders.
The results of the poll on each resolution were as follows:
FOR AGAINST ABSTAIN* TOTAL VOTE
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
Resolution Number No. of Votes No. of Votes No. of Votes % age of total Votes
in Favour
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To receive and adopt the
Report and Accounts for the
1 year ended 30 June 2016 589,251,554 3,258,950 35,921 592,510,504 99.45
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To declare a final 592,528,164 750 17,511 592,528,914 100.00
2 dividend for the year
ended 30 June 2016 of 12.1
pence per Ordinary Share
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To re-elect Mark Coombs as
3 a Director 592,369,844 158,570 18,011 592,528,414 99.97
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To re-elect Tom Shippey as
4 a Director 592,185,244 343,170 18,011 592,528,414 99.94
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To re-elect Peter Gibbs as 587,449,478 1,995,736 3,101,211 589,445,214 99.66
5 a Director (all
shareholders)
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To re-elect Peter Gibbs as 303,079,178 1,995,736 3,101,211 305,074,914 99.35
5 a Director (independent
shareholders)
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To re-elect Simon Fraser 579,725,877 12,617,937 202,611 592,343,814 97.87
6 as a Director (all
shareholders)
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To re-elect Simon Fraser 295,355,577 12,617,937 202,611 307,973,514 95.90
6 as a Director (independent
shareholders)
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To re-elect Dame Anne 592,308,830 219,584 18,011 592,528,414 99.96
7 Pringle as a Director (all
shareholders)
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
7. To re-elect Dame Anne 307,938,530 219,584 18,011 308,158,114 99.93
7 Pringle as a Director
(independent shareholders)
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To re-elect David Bennett 592,148,830 380,770 18.011 592,529,600 99.94
8 as a Director (all
shareholders)
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To re-elect David Bennett 307,778,530 380,770 18,011 308,159,300 99.88
8 as a Director (independent
shareholders)
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To elect Clive Adamson as a 592,370,341 158,573 17,511 592,528,914 99.97
9 Director (all shareholders)
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To elect Clive Adamson as a 308,000,041 158,573 17,511 308,158,614 99.95
9 Director (independent
shareholders)
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To approve the Remuneration 515,559,732 75,621,253 1,364,253 591,180,985 87.21
10 Report for the year ended
30 June 2016
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To re-appoint KPMG LLP as
11 auditors 589,498,122 2,622,699 425,604 592,120,821 99.56
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To authorise the Directors 592,243,852 277,703 24,870 592,521,555 99.95
12 to agree the remuneration
of the auditors
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To authorise political 582,665,274 9,846,366 34,785 592,511,640 98.34
13 donations and political
expenditure
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To authorise the Directors 585,994,057 6,529,595 22,773 592,523,652 98.90
14 to allot shares
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To authorise the 592,413,630 110,425 22,370 592,524,055 99.98
15 dis-application of
pre-emption rights up to
35,368,623 shares**
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To authorise the 584,679,465 7,844,187 22,773 592,523,652 98.68
16 dis-application of
pre-emption rights up to a
further 35,368,623 shares**
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To authorise market 590,475,712 2,048,702 22,011 592,524,414 99.65
17 purchases of shares**
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To approve the renewal of 195,475,659 111,334,115 285,736,650 306,809,774 63.71
the waiver of the
18 obligation under Rule 9 of
the Takeover Code ***
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
To reduce the notice period 578,857,830 13,671,084 17,511 592,528,914 97.69
19 for general meetings other
than an Annual General
Meeting
----- ---------------------------- ------------- ------------- ------------- ------------ ----------------------
* A vote withheld is not a vote in law and is not counted in the
calculation of the proportion of votes "for" or "against" a
resolution.
** Indicates Special Resolutions requiring a 75% majority
*** Mark Coombs has not voted on Resolution 18 as an interested party
With effect from the conclusion of the annual general meeting,
Nick Land has retired from
the Board.
In keeping with best practice, the Company regularly engages
with its major shareholders on a range of matters. The Company
consults with a number of shareholders and proxy advisor bodies to
discuss the business being proposed at the Company's AGM to
understand the reasons for shareholders voting against any
particular resolution, (such as Resolution 18) and remains
committed to engaging with shareholders on any issues of concern to
ensure that its policies and practice are transparent and clear in
the context of its business model and performance. The Board is
kept informed of, and assesses, any shareholder feedback relating
to such matters.
The above summary of proxy votes will shortly be available on
the Company's website, www.ashmoregroup.com.
For further details, please contact:
Michael Perman
Company Secretary
Ashmore Group plc
61, Aldwych
London WC2B 4AE
(T) +44 (0)20 3077 6000
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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