TIDMCIU

RNS Number : 9730X

Cape plc

11 May 2016

11 May 2016

Cape plc

("Cape" or the "Company")

Result of 2016 Annual General Meeting

Cape plc, the international provider of critical support services to the energy and natural resources sectors, announces that at its Annual General Meeting held earlier today, all the resolutions put to shareholders were duly passed on a poll.

Full details of the resolutions passed, together with explanatory notes, are set out in Notice of Meeting which is available on the Company's website www.capeplc.com.

 
 Resolutions           For                    Against            Votes       Total 
                                                                  Withheld 
                                                                  (Note 
                                                                  1) 
--------------------  ---------------------  -----------------  ----------  ------------ 
                       Number        %        Number      % 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 1. To receive 
  and adopt 
  the audited 
  financial 
  statements 
  of the Company 
  for the 
  financial 
  year ended 
  31 December 
  2015 together 
  with the 
  report of 
  the directors 
  and auditors 
  thereon.             101,251,792   100.00   263         0.00   100,900     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 2. To declare 
  the final 
  dividend 
  of 9.5 pence 
  per Ordinary 
  Share.               101,252,055   100.00   0           0.00   100,900     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 3. To approve 
  the Directors' 
  Remuneration 
  Report of 
  Cape plc 
  for the 
  year ended 
  31 December 
  2015.                99,088,019    97.89    2,132,349   2.11   132,587     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 4. To re-appoint 
  Tim Eggar 
  as a director.       101,154,469   99.91    95,973      0.09   102,513     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 5. To re-appoint 
  Joe Oatley 
  as a director.       100,953,661   99.71    296,781     0.29   102,513     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 6. To re-appoint 
  Michael 
  Speakman 
  as a director.       100,937,969   99.69    312,473     0.31   102,513     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 7. To re-appoint 
  Michael 
  Merton as 
  a director.          101,180,469   99.93    69,973      0.07   102,513     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 8. To re-appoint 
  Steve Good 
  as a director.       101,180,469   99.93    69,973      0.07   102,513     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 9. To re-appoint 
  Samantha 
  Tough as 
  a director.          101,180,469   99.93    69,973      0.07   102,513     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 10. To re-appoint 
  Brian Larcombe 
  as a director.       101,233,135   99.98    17,307      0.02   102,513     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 11. To re-appoint 
  Ernst & 
  Young LLP 
  as auditors 
  of the Company.      100,993,392   99.74    258,663     0.26   100,900     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 12. To authorise 
  the Directors 
  to determine 
  the auditors 
  remuneration.        101,244,458   100.00   1,597       0.00   106,900     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 13. To authorise 
  the Directors 
  to allot 
  equity securities 
  pursuant 
  to the articles 
  of association 
  of the Company.      101,135,889   99.89    109,565     0.11   107,501     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 14. To authorise 
  the Directors 
  to allot 
  equity securities 
  for cash 
  disapplying 
  pre-emption 
  rights in 
  the Company's 
  articles 
  of association. 
  (Note 2)             101,193,840   99.86    146,614     0.14   12,501      101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 15. To authorise 
  the Company 
  to purchase 
  its own 
  shares.              343,089,274   99.89    365,147     0.11   106,408     343,560,829 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 16. To amend 
  the articles 
  of association 
  of the Company.      100,776,496   99.53    471,209     0.47   105,250     101,352,955 
--------------------  ------------  -------  ----------  -----  ----------  ------------ 
 

Note 1: "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution and is not reflected in the total figures set out above.

Note 2: Votes for resolution 14 include 242,207,874 votes attributable to the 1 scheme share of GBP1 held by The Law Debenture Trust Corporation p.l.c.

Following the passing of Resolution 16, it is the Board's current intention to redomicile the Company's centre of management to the United Kingdom in the second half of 2016.

In accordance with LR 9.6.2, Cape plc has lodged copies of resolutions 14, 15 and 16, which were passed at the Annual General Meeting to the National Storage Mechanism, which will shortly be available for inspection at www.hemscott.com/nsm.do.

Enquiries:

Cape plc

   Richard Allan, General Counsel and Company Secretary               Tel: +44 (0) 1895 459 988 

About Cape:

Cape (www.capeplc.com) is an international leader in the provision of critical industrial services principally to the energy and natural resources sectors. Cape provides a multi-disciplinary service offering including the traditional services of access, insulation, coatings and mechanical, and a range of specialist services including oil and gas storage tanks, heat exchanger replacement and refurbishment, and environmental services. Cape employs c. 16,400 people working across 19 countries and in 2015 reported revenue of GBP711.4 million.

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGZFLFFQEFFBBK

(END) Dow Jones Newswires

May 11, 2016 10:30 ET (14:30 GMT)

Cape PLC (LSE:CIU)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Cape PLC Charts.
Cape PLC (LSE:CIU)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Cape PLC Charts.