TIDMKAZ

RNS Number : 5343M

KAZ Minerals PLC

07 May 2015

Result of 2015 Annual General Meeting

KAZ Minerals PLC (the 'Company') announces that at its Annual General Meeting held today, all the resolutions put to shareholders were duly passed on a poll. The poll results showing the number of votes received for and against each resolution are shown below. The poll results represent approximately 64% of the total number of 446,677,203 Ordinary Shares in issue which carry voting rights of one vote per share.

The votes cast on resolutions 4, 5, 7, 8, 10 and 11, relating to the election or re-election of the independent non-executive Directors, have been calculated separately. These resolutions were duly passed by a majority of votes cast by both Independent Shareholders as well as by a majority of votes cast by all Shareholders. The result of the votes cast by the Independent Shareholders (marked with an **) and the votes cast by all Shareholders are set out below.

The Company currently holds 11,701,830 Ordinary Shares in treasury which do not carry voting rights.

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

 
                             For/                                                     Vote Withheld* 
   Resolution             Discretion        %       Against      %         Total 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 1. To receive 
  the 2014 Directors' 
  and auditors' 
  reports and 
  the accounts 
  of the Company          283,961,333     99.98      42,751     0.02    284,004,084        1,075,311 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 2. To approve 
  the 2014 Directors' 
  Annual Report 
  on Remuneration         275,144,668     97.00   8,495,470     3.00    283,640,138        1,439,257 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 3. To elect 
  Andrew Southam 
  as a Director           284,700,052     99.87     374,862     0.13    285,074,914            4,481 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 4. To elect             97,003,105**   99.99**     7,164**   0.01**   97,010,269**          4,481** 
  John MacKenzie 
  as a Director 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
                          285,067,750    100.00       7,164     0.00    285,074,914            4,481 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 5. To re-elect          96,468,971**   99.44**   541,298**   0.56**   97,010,269**          4,481** 
  Simon Heale 
  as a Director 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
                          284,533,616     99.81     541,298     0.19    285,074,914            4,481 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 6. To re-elect 
  Oleg Novachuk 
  as a Director           284,661,477     99.87     382,322     0.13    285,043,799           35,596 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 7. To re-elect          96,678,448**   99.66**   332,079**   0.34**   97,010,527**          4,223** 
  Lynda Armstrong 
  as a Director 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
                          284,743,093     99.88     332,079     0.12    285,075,172            4,223 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 8. To re-elect          96,790,082**   99.77**   219,072**   0.23**   97,009,154**          5,596** 
  Clinton Dines 
  as a Director 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
                          284,854,727     99.92     219,072     0.08    285,073,799            5,596 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 9. To re-elect 
  Vladimir Kim 
  as a Director           284,608,956     99.85     435,797     0.15    285,044,753           34,642 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 10. To re-elect         96,791,496**   99.77**   218,522**   0.23**   97,010,018**          4,732** 
  Michael Lynch-Bell 
  as a Director 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
                          284,856,141     99.92     218,522     0.08    285,074,663            4,732 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 11. To re-elect         96,679,004**   99.66**   331,104**   0.34**   97,010,108**          4,642** 
  Charles Watson 
  as a Director 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
                          284,743,649     99.88     331,104     0.12    285,074,753            4,642 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 12. To re-appoint 
  KPMG LLP as 
  auditors                285,030,904     99.98      43,519     0.02    285,074,423            4,947 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 13. To authorise 
  the Directors 
  to set the 
  auditors' 
  remuneration            285,033,925     99.99      40,873     0.01    285,074,798            4,597 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 14. To renew 
  the Directors' 
  authority 
  to allot shares         277,258,306     97.26   7,816,989     2.74    285,075,295            4,100 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 15. To renew 
  the Directors' 
  authority 
  to disapply 
  pre-emption 
  rights                  277,036,390     97.19   8,008,529     2.81    285,044,919           34,476 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 16. To authorise 
  the Directors 
  to make market 
  purchases 
  of the Company's 
  shares                  285,068,730    100.00       6,540     0.00    285,075,270            4,125 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 17. To authorise 
  the calling 
  of general 
  meetings on 
  14 clear days' 
  notice                  277,808,788     97.45   7,266,420     2.55    285,075,208            4,187 
----------------------  -------------  --------  ----------  -------  -------------  --------------- 
 

*'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.

** Result of the votes cast by the Independent Shareholders.

As previously disclosed and in accordance with LR 9.6.11 of the UK Listing Authority, Lord Renwick, independent non-executive Director, stepped down from the Board with effect from the conclusion of the Annual General Meeting.

In light of this, the Company can confirm that Lynda Armstrong, a current member of the Remuneration Committee will replace Lord Renwick as chair of the Remuneration Committee with immediate effect. Michael Lynch-Bell will also be appointed as a member of the Remuneration Committee and Lynda Armstrong will replace Lord Renwick as a member of the Nomination Committee with immediate effect.

In accordance with LR 9.6.2 of the UK Listing Authority, KAZ Minerals PLC has submitted copies of the special resolutions passed at its Annual General Meeting to the National Storage Mechanism which will shortly be available for inspection at www.hemscott.com/nsm.do.

Capitalised terms used in this announcement but not otherwise defined herein shall have the same meanings given in the Notice of Annual General Meeting.

Stephen Hodges

Company Secretary

Tel: + 44 (0)20 7901 7832

This information is provided by RNS

The company news service from the London Stock Exchange

END

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