Business
AGM results
AGM results.
About this update from Mothercare Plc
[{"type":"text","content":"\n AGM resultsMothercare plc Annual General Meeting 19 July 2018: ResultsAnnual General MeetingAt the annual general meeting held at 11.00am on 19 July 2018, the resolutions before the meeting were passed on a show of hands.The following proxy votes had been received by the Company in respect of the resolutions: Resolution Votes For (including discretion)% of Votes For (including discretion)Votes Against% of Votes AgainstVotes Withheld*% of votes withheld*1To receive the annual accounts, directors’ report, strategic report, directors’ remuneration report and auditors’ report118,725,19299.97%31,1840.03%13,551,85610.24%2To approve the directors’ remuneration report108,318,37381.92%23,912,05418.08%77,8050.06%3To elect Glyn Hughes as a director132,020,38599.83%227,8320.17%60,0150.05%4To re-elect Gillian Kent as a director132,200,78499.96%49,8120.04%57,6360.04%5To elect Mark Newton-Jones as a director127,706,92596.57%4,536,6913.43%64,6160.05%6To re-elect Nick Wharton as a director132,188,83399.96%53,2760.04%66,1230.05%7To elect Clive Whiley as a director117,440,38388.80%14,805,71911.20%62,1300.05%8To elect David Wood as a director132,072,04499.87%174,1240.13%62,0640.05%9To re-appoint Deloitte LLP as auditors of the company118,722,31589.77%13,522,80710.23%63,1100.05%10To authorise the directors to determine the remuneration of the auditors132,237,15199.99%14,3950.01%56,6860.04%11To authorise political donations by the company and its subsidiaries87,685,28873.85%31,048,60926.15%13,574,33510.26%12Authority to call a general meeting at 14 days’ notice131,833,61099.68%423,0400.32%51,5820.04%Resolution 12 was a Special Resolution.Notes * A vote withheld is not a vote in law and is not counted in the calculation of votes ‘for’ and ‘against’ each resolutionAs at 18 July 2018, the Company’s issued share capital and total voting rights consisted of 170,871,885 ordinary shares each carrying voting rights. There are no shares in treasury. As result, proxy votes representing approximately 77.4% of the voting capital were cast for the AGM.The Board notes the proportion of votes cast against Resolution 11, political donations. It remains the policy of the Company not to make political donations or incur political expenditure within the ordinary meaning of those words. The authority sought by the resolution was as ...