2 May 2024
Reach plc
Results of Annual General Meeting ("AGM")
In accordance with the arrangements announced on 27 March 2024, the AGM of Reach plc (the "Company") was held today at 11:00 a.m. at Numis' Offices, 45 Gresham St, London, EC2V 7BF.
All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting. Resolutions 1 to 17 and 21 were passed as ordinary resolutions and resolutions 18 to 20 and 22 were passed as special resolutions. The results of the poll are set out below.
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VOTES |
% |
VOTES |
% |
VOTES |
% of ISC VOTED |
VOTES |
|
1. |
Annual Report and Accounts |
238,056,183 |
99.95 |
115,231 |
0.05 |
238,171,414 |
74.90% |
11,412 |
|
2. |
Remuneration Policy |
214,150,887 |
89.92 |
24,007,481 |
10.08 |
238,158,368 |
74.90% |
24,458 |
|
3. |
Remuneration Report |
218,832,862 |
91.89 |
19,324,155 |
8.11 |
238,157,017 |
74.90% |
25,809 |
|
4. |
Dividend |
238,115,099 |
99.97 |
60,808 |
0.03 |
238,175,907 |
74.90% |
6,919 |
|
5. |
Re-elect Nick Prettejohn |
237,808,307 |
99.87 |
320,826 |
0.13 |
238,129,133 |
74.89% |
53,693 |
|
6. |
Re-elect Jim Mullen |
230,881,341 |
96.95 |
7,256,092 |
3.05 |
238,137,433 |
74.89% |
45,393 |
|
7. |
Re-elect Darren Fisher |
237,924,388 |
99.91 |
210,355 |
0.09 |
238,134,743 |
74.89% |
48,083 |
|
8. |
Re-elect Anne Bulford |
237,950,483 |
99.93 |
172,148 |
0.07 |
238,122,631 |
74.89% |
60,195 |
|
9. |
Re-elect Priya Guha |
237,869,165 |
99.91 |
210,900 |
0.09 |
238,080,065 |
74.87% |
102,761 |
|
10. |
Re-elect Denise Jagger |
237,952,234 |
99.93 |
173,997 |
0.07 |
238,126,231 |
74.89% |
56,595 |
|
11. |
Re-elect Barry Panayi |
237,967,156 |
99.93 |
161,605 |
0.07 |
238,128,761 |
74.89% |
54,065 |
|
12. |
Re-elect Wais Shaifta |
237,918,002 |
99.91 |
206,651 |
0.09 |
238,124,653 |
74.89% |
58,173 |
|
13. |
Re-elect Olivia Streatfeild |
220,463,637 |
92.58 |
17,664,898 |
7.42 |
238,128,535 |
74.89% |
54,291 |
|
14. |
Re-Appoint PricewaterhouseCoopers LLP |
233,243,078 |
97.93 |
4,930,792 |
2.07 |
238,173,870 |
74.90% |
8,956 |
|
15. |
Auditors' remuneration |
238,107,175 |
99.98 |
56,951 |
0.02 |
238,164,126 |
74.90% |
18,700 |
|
16. |
Amendment to the Reach Long Term Incentive Plan |
219,111,213 |
92.01 |
19,024,126 |
7.99 |
238,135,339 |
74.89% |
47,487 |
|
17. |
Allot shares |
220,336,871 |
92.52 |
17,818,513 |
7.48 |
238,155,384 |
74.90% |
27,442 |
|
18. |
Disapplication of pre-emption rights |
220,442,161 |
92.57 |
17,700,379 |
7.43 |
238,142,540 |
74.89% |
40,286 |
|
19. |
Further disapplication of pre-emption rights |
215,617,832 |
90.54 |
22,524,505 |
9.46 |
238,142,337 |
74.89% |
40,489 |
|
20. |
Purchase of own shares |
233,298,232 |
97.95 |
4,877,680 |
2.05 |
238,175,912 |
74.90% |
6,914 |
|
21. |
Political donations |
220,372,952 |
92.53 |
17,779,437 |
7.47 |
238,152,389 |
74.90% |
30,437 |
|
22. |
Notice for General Meetings |
237,448,628 |
99.69 |
729,860 |
0.31 |
238,178,488 |
74.90% |
4,338 |
Notes:
1. A "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.
2. The issued share capital figure used to calculate the percentage voted is 317,974,690. This is the figure as at the close of business on 30 April 2024 and excludes the number of ordinary shares held in treasury at that date.
In accordance with Listing Rule 9.6.3R of the UK Financial Conduct Authority (FCA), a copy of the resolutions passed as Special Business at the AGM have been submitted to the UK Listing Authority and will be available for public inspection at the National Storage Mechanism (NSM) https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
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Enquiries |
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Reach plc |
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Jim Mullen, Chief Executive Officer Darren Fisher, Chief Financial Officer Laura Harris, Group Company Secretary
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020 7293 3000 |
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Teneo
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Giles Kernick / David Allchurch
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020 7353 4200 |
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LEI: 213800GNI5XF3XOATR61 Classification: 3.1 Additional regulated information required to be disclosed under the laws of the United Kingdom |
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