RNS Number : 7629X
STV Group PLC
27 April 2023
 

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STV Group plc

LEI: 21380075GOOTTBDNDJ58

27 April 2023

RESULTS OF ANNUAL GENERAL MEETING 2023

STV Group plc (the 'Company') announces that, at the Annual General Meeting held earlier today, resolutions 1 to 14 (inclusive), 16 and 17 were duly passed and resolution 15 was not passed by the Company's shareholders on a poll.  The results of the poll are shown in the table below.

Votes 'For' and 'Against' are expressed as a percentage of the total votes received.  A 'Vote withheld' is not treated as a vote in law and would not be counted in the calculation of the proportion of the votes cast 'For' or 'Against' a resolution.

 

Resolutions 1 to 14 were proposed as Ordinary Resolutions and resolutions 15 to 17 as Special Resolutions.  The current issued share capital of the Company consists of 46,722,499 ordinary shares of 50 pence, carrying one vote each.

 

The Board notes that resolution 15 was not passed and that more than 20% of shareholders voted against four of the other resolutions.  All voting outcomes will be discussed through ongoing dialogue with shareholders.

 

In accordance with the Listing Rule 9.6.2 copies of the resolutions that do not constitute ordinary business at an annual general meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

Copies of announcements are available on the Company's website www.stvplc.tv

 

Eileen Malcolmson

Company Secretary

27 April 2023

 

 

Resolution

                 For

 Against

Total

Withheld


No. of Votes

% of Vote

No. of Votes

% of Vote

No. of Votes

No. of Votes

1.To receive the Annual Report and Financial Statements for the year ended 31 December 2022

40,007,493

99.999%

291

0.001%

40,024,495

16,711

2.To approve the Directors' Annual Report on Remuneration for the year ended 31 December 2022

 

29,954,115

74.841%

10,069,446

25.159%

40,024,495

934

3.To declare a final dividend of 7.4p per ordinary share in respect of the year ended 31 December 2022

40,023,905

100.000%

190

0.000%

40,024,495

400

4. To re-elect Paul Reynolds as a Director of the Company

30,416,243

76.026%

9,591,540

23.974%

40,024,495

16,712

5.To re-elect Simon Pitts as a Director of the Company

40,023,754

99.999%

341

0.001%

40,024,495

400

6.To re-elect Lindsay Dixon as a Director of the Company

40,023,754

99.999%

341

0.001%

40,024,495

400

7. To re-elect Simon Miller as a Director of the Company

39,800,823

99.413%

234,840

0.587%

40,036,063

400

8. To re-elect Ian Steele as a Director of the Company

39,086,675

97.630%

948,987

2.370%

40,036,063

401

9.To re-elect David Bergg as a Director of the Company

40,035,322

99.999%

341

0.001%

40,036,063

400

10. To re-elect Aki Mandhar as a Director of the Company

40,023,527

99.999%

568

0.001%

40,024,495

400

11. To appoint Deloitte LLP as the auditors of the Company

40,023,421

99.998%

674

0.002%

40,024,495

400

12. To authorise the Audit and Risk Committee to determine the remuneration of the auditors

40,009,932

99.997%

1,028

0.003%

40,024,495

13,535

13. To authorise the Company to make political donations and incur political expenditure

27,942,979

73.529%

10,059,833

26.471%

40,024,495

2,021,683

14. To authorise the Directors to allot shares

30,645,178

76.595%

9,364,378

23.405%

40,024,495

14,939

15.  To authorise the Directors to disapply statutory pre-emption rights in respect of 5% of the Company's issued share capital

29,714,992

74.245%

10,307,699

25.755%

40,024,495

1,804

16. To permit the Company to purchase its own shares

37,976,432

99.890%

41,652

0.110%

40,024,495

2,006,411

17. That the Company be entitled to hold general meetings of the Company on the provision of 14 clear days' notice

39,962,784

99.847%

61,311

0.153%

40,024,495

400

 

 

Ends.

 

 

 

 

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