TIDMRBS

RNS Number : 9344E

Royal Bank of Scotland Group PLC

11 May 2017

The Royal Bank of Scotland Group plc - Result of Annual General Meeting

Legal Entity Identifier: 2138005O9XJIJN4JPN90

11 May 2017

Following the Annual General Meeting held today, The Royal Bank of Scotland Group plc announces the results of the poll vote for each resolution as follows. Resolutions 20, 21, 23, 24, 26 and 27 were passed as special resolutions.

 
                      For              % of     Against         %        Total      Withheld 
                                        votes                    of       votes      * 
                                        cast                     votes    cast 
                                                                 cast     as 
                                                                          % of 
                                                                          Voting 
                                                                          Share 
                                                                          Capital 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  1 
  To receive 
  the accounts 
  for the 
  year 
  ended 
  31 December 
  2016 
  and the 
  reports 
  of the 
  directors 
  and auditors 
  therein             43,790,133,968   100.00   1,219,348       0.00     92.18      8,853,888 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  2 
  To approve 
  the Directors' 
  Remuneration 
  Policy 
  in the 
  Directors' 
  Remuneration 
  Report              42,143,861,332   96.33    1,603,968,780   3.67     92.09      40,411,396 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  3 
  To approve 
  the Annual 
  Report 
  on Remuneration 
  in the 
  Directors' 
  Remuneration 
  Report              43,612,488,456   99.60    173,420,916     0.40     92.17      14,256,744 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  4 
  To re-elect 
  Howard 
  Davies 
  as a 
  director            43,512,958,968   99.67    143,919,744     0.33     91.89      143,338,852 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  5 
  To re-elect 
  Ross 
  McEwan 
  as a 
  director            43,768,791,580   99.95    22,665,992      0.05     92.18      8,762,044 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  6 
  To re-elect 
  Ewen 
  Stevenson 
  as a 
  director            43,768,886,544   99.95    22,561,308      0.05     92.18      8,767,732 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  7 
  To re-elect 
  Sandy 
  Crombie 
  as a 
  director            43,537,101,268   99.42    254,293,112     0.58     92.18      8,758,928 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Approval 
  of Sandy 
  Crombie's 
  re-election 
  by independent 
  shareholders 
  only                9,799,167,192    97.47    254,293,112     2.53     73.01      8,758,928 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  8 
  To elect 
  Frank 
  Dangeard 
  as a 
  director            43,764,408,056   99.94    26,130,184      0.06     92.18      9,622,824 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Approval 
  of Frank 
  Dangeard's 
  election 
  by independent 
  shareholders 
  only                10,026,473,980   99.74    26,130,184      0.26     73.00      9,622,824 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  9 
  To re-elect 
  Alison 
  Davis 
  as a 
  director            43,535,208,352   99.42    256,112,252     0.58     92.18      8,833,608 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Approval 
  of Alison 
  Davis's 
  re-election 
  by independent 
  shareholders 
  only                9,797,274,276    97.45    256,112,252     2.55     73.01      8,833,608 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  10 
  To re-elect 
  Morten 
  Friis 
  as a 
  director            43,769,205,604   99.95    22,009,812      0.05     92.18      8,941,256 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Approval 
  of Morten 
  Friis' 
  re-election 
  by independent 
  shareholders 
  only                10,031,271,528   99.78    22,009,812      0.22     73.01      8,941,256 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  11 
  To re-elect 
  Robert 
  Gillespie 
  as a 
  director            43,544,505,864   99.44    246,773,660     0.56     92.18      8,873,708 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Approval 
  of Robert 
  Gillespie's 
  re-election 
  by independent 
  shareholders 
  only                9,806,571,788    97.55    246,773,660     2.45     73.01      8,873,708 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  12 
  To re-elect 
  Penny 
  Hughes 
  as a 
  director            43,767,966,280   99.95    23,519,724      0.05     92.18      8,732,492 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Approval 
  of Penny 
  Hughes' 
  re-election 
  by independent 
  shareholders 
  only                10,030,032,204   99.77    23,519,724      0.23     73.01      8,732,492 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  13 
  To re-elect 
  Brendan 
  Nelson 
  as a 
  director            43,765,326,280   99.94    25,969,640      0.06     92.18      8,904,128 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Approval 
  of Brendan 
  Nelson's 
  re-election 
  by independent 
  shareholders 
  only                10,027,392,204   99.74    25,969,640      0.26     73.01      8,904,128 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  14 
  To re-elect 
  Baroness 
  Noakes 
  as a 
  director            43,766,983,476   99.95    23,701,820      0.05     92.18      9,520,452 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Approval 
  of Baroness 
  Noakes' 
  re-election 
  by independent 
  shareholders 
  only                10,029,049,400   99.76    23,701,820      0.24     73.01      9,520,452 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  15 
  To re-elect 
  Mike 
  Rogers 
  as a 
  director            43,544,438,284   99.44    246,191,076     0.56     92.18      9,588,688 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Approval 
  of Mike 
  Rogers' 
  re-election 
  by independent 
  shareholders 
  only                9,806,504,208    97.55    246,191,076     2.45     73.00      9,588,688 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  16 
  To elect 
  Mark 
  Seligman 
  as a 
  director            43,768,864,040   99.95    21,658,840      0.05     92.18      9,680,000 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Approval 
  of Mark 
  Seligman's 
  election 
  by independent 
  shareholders 
  only                10,030,929,964   99.78    21,658,840      0.22     73.00      9,680,000 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  17 
  To re-appoint 
  Ernst 
  & Young 
  LLP as 
  auditors            43,778,172,140   99.99    4,910,832       0.01     92.16      8,323,656 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  18 
  To authorise 
  the Group 
  Audit 
  Committee 
  to fix 
  the remuneration 
  of the 
  auditors            43,785,298,144   99.99    6,493,468       0.01     92.18      8,373,928 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  19 
  To renew 
  the directors' 
  authority 
  to allot 
  securities          43,633,166,256   99.64    158,121,164     0.36     92.18      8,913,536 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  20 
  To renew 
  the directors' 
  authority 
  to allot 
  equity 
  shares 
  on a 
  non pre-emptive 
  basis 
  in connection 
  with 
  an offer 
  or issue 
  of equity 
  securities          43,737,846,240   99.88    53,316,872      0.12     92.18      9,030,372 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  21 
  To renew 
  the directors' 
  authority 
  to allot 
  equity 
  shares 
  on a 
  non pre-emptive 
  basis 
  in connection 
  with 
  the purposes 
  of financing 
  a transaction 
  or capital 
  investment          43,540,851,444   99.43    250,290,504     0.57     92.18      9,081,932 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  22 
  To renew 
  the directors' 
  authority 
  to allot 
  shares 
  or grant 
  rights 
  to subscribe 
  for or 
  to convert 
  any security 
  into 
  shares 
  in connection 
  with 
  the issue 
  of Equity 
  Convertible 
  Notes               43,720,045,720   99.84    71,073,500      0.16     92.18      9,069,600 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  23 
  To renew 
  the directors' 
  authority 
  to allot 
  equity 
  securities 
  on a 
  non pre-emptive 
  basis 
  in connection 
  with 
  the issue 
  of Equity 
  Convertible 
  Notes               43,709,698,404   99.81    81,381,540      0.19     92.18      9,127,928 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  24 
  To permit 
  the holding 
  of General 
  Meetings 
  at 14 
  clear 
  days' 
  notice              43,344,970,016   98.98    446,981,564     1.02     92.18      8,265,756 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  25 
  To renew 
  the authority 
  in respect 
  of political 
  donations 
  and expenditure 
  by the 
  Company 
  in terms 
  of Section 
  366 of 
  the Companies 
  Act 2006            43,413,433,648   99.14    377,589,552     0.86     92.18      9,131,492 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  26 
  To renew 
  the authority 
  for the 
  Company 
  to purchase 
  its own 
  shares 
  on a 
  recognised 
  investment 
  exchange            43,703,449,528   99.81    85,287,632      0.19     92.17      11,486,592 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  27 
  Approval 
  of cancellation 
  of the 
  share 
  premium 
  account 
  and capital 
  redemption 
  reserve 
  subject 
  to court 
  approval            43,786,173,688   99.99    4,414,808       0.01     92.18      9,618,232 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 Resolution 
  28 
  Approval 
  of the 
  RBS 2017 
  UK Sharesave 
  plan                43,740,536,020   99.88    50,597,092      0.12     92.18      9,071,344 
-------------------  ---------------  -------  --------------  -------  ---------  ------------ 
 

* A vote Withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" and "Against" a resolution.

In accordance with the UK Listing Authority's listing rules, copies of resolutions that do not constitute ordinary business at an annual general meeting will shortly be available for inspection at the National Storage Mechanism which is located at: www.Hemscott.com/nsm.do

As at 9th May 2017 (being the latest date by which shareholders who wanted to vote at the Annual General Meeting must have been entered on the company's Register of Members) the total number of voting rights in the company was 47,507,814,404.

Contact

RBS Media Centre

+44 (0)131 523 4205

This information is provided by RNS

The company news service from the London Stock Exchange

END

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