TIDMALM
RNS Number : 0639P
Allied Minds PLC
23 May 2018
23 May 2018
Allied Minds plc (the "Company")
Results of Annual General Meeting
The Annual General Meeting of Allied Minds plc was held earlier
today. All of the resolutions proposed at the Annual General
Meeting were duly passed by the shareholders on a poll.
The results of the poll, incorporating the proxy votes lodged in
advance of the meeting, are set out below.
Resolutions For % Against % Withheld Total
lodged
1. To receive
the Company's
Annual Report
and Accounts
for the financial
year ended
31 December
2017 184,004,205 100.00 3,332 0.00 1,227,582 184,007,537
------------ ------- ----------- ------ ---------- ------------
2. To approve
the Directors'
Remuneration
Report for
the year ended
31 December
2017. 136,095,133 73.96 47,914,260 26.04 1,225,726 184,009,393
------------ ------- ----------- ------ ---------- ------------
3. To re-appoint
KPMG LLP as
auditor of
the Company. 184,007,020 100.00 2,017 0.00 1,226,082 184,009,037
------------ ------- ----------- ------ ---------- ------------
4. To authorise
the Audit
Committee
to determine
the auditor's
remuneration. 184,004,587 99.34 1,228,306 0.66 2,226 185,232,893
------------ ------- ----------- ------ ---------- ------------
5. To re-elect
Mr Peter Dolan
as a Director
of the Company. 182,785,192 98.68 2,445,851 1.32 4,076 185,231,043
------------ ------- ----------- ------ ---------- ------------
6. To re-elect
Ms Jill Smith
as a Director
of the Company. 183,821,381 99.24 1,413,012 0.76 726 185,234,393
------------ ------- ----------- ------ ---------- ------------
7. To re-elect
Mr Harry Rein
as a Director
of the Company. 183,838,747 99.91 168,440 0.09 1,227,932 184,007,187
------------ ------- ----------- ------ ---------- ------------
8. To re-elect
Mr Jeffrey
Rohr as a
Director of
the Company. 177,079,850 96.24 6,925,837 3.76 1,229,432 184,005,687
------------ ------- ----------- ------ ---------- ------------
9. To re-elect
Mr Kevin Sharer
as a Director
of the Company. 141,547,648 76.42 43,684,895 23.58 2,576 185,232,543
------------ ------- ----------- ------ ---------- ------------
10. To authorise
the Directors
to allot shares
under section
551 of the
Companies
Act 2006. 185,028,090 99.89 206,779 0.11 250 185,234,869
------------ ------- ----------- ------ ---------- ------------
11. To disapply
statutory
pre-emption
rights. 185,224,985 100.00 8,402 0.00 1,732 185,233,387
------------ ------- ----------- ------ ---------- ------------
12. In addition
to the authority
granted under
Resolution
11, to disapply
statutory
pre-emption
rights solely
in relation
to acquisitions
and specified
capital investments. 184,173,557 99.43 1,059,830 0.57 1,732 185,233,387
------------ ------- ----------- ------ ---------- ------------
13. To authorise
the Company
to make political
donations
and incur
political
expenditure. 185,222,410 99.99 12,459 0.01 250 185,234,869
------------ ------- ----------- ------ ---------- ------------
14. To authorise
the Company
to make market
purchases
of its own
shares. 184,161,382 99.43 1,055,283 0.57 18,454 185,216,665
------------ ------- ----------- ------ ---------- ------------
15. To authorise
the Company
to hold general
meetings on
not less than
14 clear days'
notice 183,133,480 98.87 2,101,389 1.13 250 185,234,869
------------ ------- ----------- ------ ---------- ------------
Over the last few months, Allied Minds engaged with its major
shareholders to understand their views on remuneration matters.
While all resolutions were passed at the annual general meeting, we
were disappointed that there was a significant minority vote
against both the advisory resolution for this year's remuneration
report and the re-election of our remuneration committee chair.
Naturally, we acknowledge this feedback and thank those
shareholders who have already spoken with us and explained their
reasons for not supporting the relevant resolutions. The
remuneration committee is committed to continuing dialogue with our
shareholders ahead of the scheduled binding vote on remuneration
policy at the 2019 annual general meeting.
Notes:
1. A vote "Withheld" is not a vote in law and is not counted in
the calculation of the votes "For" or "Against" a resolution.
2. As at 21 May 2018, the number of issued shares in the Company
was 240,250,732 ordinary shares, which was the total number of
shares entitling the holders to attend and vote for or against all
the resolutions at the AGM. In accordance with the Company's
Articles of Association, on a poll every member present in person
or by proxy has one vote for every share held.
3. The full text of the resolutions may be found in the Notice
of the Annual General Meeting, copies of which are available on
both the Company's website www.alliedminds.com and on the National
Storage Mechanism.
4. In accordance with Listing Rule 9.6.1, a copy of the
resolutions, other than those concerning ordinary business has been
submitted to the National Storage Mechanism and will shortly be
available for inspection at: www.morningstar.co.uk/uk/NSM.
About Allied Minds
Allied Minds (LSE: ALM) is an IP commercialisation company
focused on early stage company creation and development within the
technology and life science sectors. With origination relationships
spanning US federal laboratories, universities, and leading US
corporations, Allied Minds sources, operates and funds a portfolio
of companies to generate long-term value for its investors and
stakeholders. Based in Boston, Allied Minds supports its businesses
with capital, management, expertise and shared services. More
information can be found at www.alliedminds.com.
For more information, please contact:
Allied Minds plc +1 617 419 1800
Neil Pizey, Head of Corporate Development
Credit Suisse International +44 20 7888 8888
Lewis Burnett
Numis Securities +44 20 7260 1000
Ben Stoop
FTI Consulting +44 20 3727 1000
Ben Atwell / Brett Pollard
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
RAGXXLFLVEFFBBL
(END) Dow Jones Newswires
May 23, 2018 10:30 ET (14:30 GMT)
Allied Minds (LSE:ALM)
Historical Stock Chart
From Apr 2024 to May 2024
Allied Minds (LSE:ALM)
Historical Stock Chart
From May 2023 to May 2024