Company Announcements

Result of AGM

Source: RNS
RNS Number : 9105E
Auto Trader Group plc
19 September 2024
 

Auto Trader Group plc Result of Annual General Meeting

Auto Trader Group plc (LSE: AUTO, "Auto Trader" or the "Company"), the UK's largest digital automotive marketplace, announces the results of the Company's Annual General Meeting ("AGM") held on 19 September 2024. 

Each of the resolutions were voted on by way of a poll, and the result of each resolution is shown below. All resolutions were passed.

The total number of shares on the register at 6pm on 17 September 2024, therefore those being eligible to be voted on at the AGM, was 894,856,400 (excluding treasury shares).


For*

Against

Total votes cast

Votes withheld***

Resolution

No. of votes

%**

No. of votes

%**

No. of votes

No. of votes

1.   To receive the Annual Report and Accounts of the Company for the financial year ended 31 March 2024

709,478,894

99.80%

1,422,310

0.20%

710,901,204

9,150,743

2.   To approve the Directors' Remuneration Policy

690,020,617

95.88%

29,676,477

4.12%

719,697,094

354,853

3.   To approve the Directors' Remuneration Report

689,383,393

95.75%

30,611,669

4.25%

719,995,062

56,885

4.   To declare a final dividend of 6.4 pence per ordinary share for the year ended 31 March 2024

719,950,376

100.00%

541

0.00%

719,950,917

101,030

5.   To re-elect Matt Davies as a Director

695,751,268

96.63%

24,251,610

3.37%

720,002,878

49,069

6.   To re-elect Nathan Coe as a Director

719,577,296

99.94%

425,582

0.06%

720,002,878

49,069

7.   To re-elect Jeni Mundy as a Director

709,379,466

99.67%

2,378,612

0.33%

711,758,078

8,293,869

8.   To re-elect Catherine Faiers as a Director

719,577,895

99.94%

425,233

0.06%

720,003,128

48,819

9.   To re-elect Jamie Warner as a Director

719,312,864

99.90%

690,014

0.10%

720,002,878

49,069

10. To re-elect Sigga Sigurdardottir as a Director

709,887,938

99.74%

1,869,890

0.26%

711,757,828

8,294,119

11. To re-elect Jasvinder Gakhal as a Director

709,890,930

99.74%

1,867,148

0.26%

711,758,078

8,293,869

12. To elect Geeta Gopalan as a Director

708,406,530

98.39%

11,596,598

1.61%

720,003,128

48,819

13. To elect Amanda James as a Director

703,140,452

97.66%

16,862,676

2.34%

720,003,128

48,819

14. To re-appoint KPMG LLP as auditors of the Company

710,520,713

98.68%

9,482,415

1.32%

720,003,128

48,819

15. To authorise the Board to determine the auditors' remuneration

719,925,776

99.99%

78,485

0.01%

720,004,261

47,686

16. To authorise the Directors to allot shares

687,717,700

95.52%

32,287,480

4.48%

720,005,180

46,767

17. Adoption of the Auto Trader 2024 Long Term Incentive Plan

705,493,892

97.98%

14,510,928

2.02%

720,004,820

47,127

18. Adoption of the Auto Trader 2024 Deferred Bonus Plan

708,920,859

98.46%

11,079,851

1.54%

720,000,710

51,237

19. Approval of amendments to the Auto Trader Group plc Savings Related Share Option Plan

713,771,980

99.34%

4,759,579

0.66%

718,531,559

1,520,388

20. Approval of amendments to the Auto Trader Group plc Share Incentive Plan

718,130,272

99.94%

399,902

0.06%

718,530,174

1,521,773

21. To authorise the partial disapplication of pre-emption rights****

716,795,476

99.55%

3,209,704

0.45%

720,005,180

46,767

22. To authorise the partial disapplication of pre-emption rights in connection with an acquisition or investment****

707,431,874

98.25%

12,573,306

1.75%

720,005,180

46,767

23. To authorise the Company to purchase its own shares****

710,181,601

98.66%

9,636,554

1.34%

719,818,155

233,792

24. To authorise the Company to call general meetings on not less than 14 clear days' notice****

675,903,098

93.88%

44,100,030

6.12%

720,003,128

48,819

NOTES:

* The "For" votes include those giving the Chairman discretion.

** Votes "For" and "Against" are expressed as a percentage of votes received.

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

****Denotes Special Resolutions

Percentage of shares voted: 80.47%. The number of shares in issue at close of business on 17 September 2024 was 894,856,400 (excluding treasury shares).


 

The full text of the resolutions can be found in the Notice of Annual of General Meeting, which is available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and also on the Company's website at https://plc.autotrader.co.uk

A copy of the resolutions passed under special business (as defined by the listing rules of the UK Listing Authority) will shortly be submitted to the National Storage Mechanism for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

Auto Trader Group plc
Claire Baty, Company Secretary   

0345 111 0006 

Powerscourt

autotrader@powerscourt-group.com

 

+44 (0)20 7250 1446

About Auto Trader

Auto Trader Group plc is the UK's largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.

Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.

With the largest number of car buyers and the largest choice of trusted stock, Auto Trader's marketplace sits at the heart of the UK car buying process. That marketplace is built on an industry-leading technology and data platform, which is increasingly used across the automotive industry. Auto Trader is continuing to bring more of the car buying journey online, creating an improved buying experience, whilst enabling all its retailer partners to sell vehicles online.

Auto Trader publishes a monthly used car Retail Price Index which is based on pricing analysis of circa 800,000 unique vehicles. The same data that powers the Index is used by the Office for National Statistics to make the UK's official measures of inflation more robust, as well as the Bank of England to feed the broader UK economic indicators.

 For more information, please visit: https://plc.autotrader.co.uk/

 

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