Forterra plc
Annual General Meeting 2023 Results
The Annual General Meeting of Forterra plc (the "Company") was held at the offices of Forterra plc, Atherstone Road, Measham, Swadlincote, Derbyshire, DE12 7EL on Tuesday 23rd May 2023 at 12:00pm.
All of the resolutions were voted upon by poll and were passed by shareholders. The total number of ordinary shares in issue was 212,803,389 shares.
The full text of each resolution is contained in the notice of Annual General Meeting, which is available on the Company's website www.forterraplc.co.uk (with each resolution number below corresponding to the resolution number in the notice).
The total number of votes for and against each of the resolutions put before the Annual General Meeting and the number of votes withheld were as follows.
| Resolution | Votes for | Votes Against | Total Votes Cast (excluding withheld) | Votes Withheld* | ||
| No of Shares | % of shares voted | No of Shares | % of shares voted |
| No of shares | |
| Resolution 1 To receive and adopt the Annual Report and Accounts to 31 December 2022
| 146,294,014 | 99.99 | 101 | 0.01 | 146,294,115 | 116,053 |
| Resolution 2 To re-appoint Ernst & Young LLP as Auditor.
| 145,395,837 | 99.31 | 1,010,032 | 0.6% | 146,405,869 | 4,299 |
| Resolution 3 To authorise the remuneration of the Auditor
| 146,396,920 | 99.99 | 7,229 | 0.01 | 146,404,149 | 6,019 |
| Resolution 4 To declare the final dividend of 10.1 pence per Ordinary Share for the year ended 31 December 2022
| 146,406,400 | 99.99 | 101 | 0.01 | 146,406,501 | 3,667 |
| Resolution 5 To re-elect Justin Atkinson as a Director
| 144,938,621 | 99.00 | 1,466,214 | 1.00 | 146,404,835 | 5,333 |
| Resolution 6 To elect Neil Ash as a Director
| 146,389,965 | 99.99 | 5,120 | 0.01 | 146,395,085 | 15,083 |
| Resolution 7 To re-elect Ben Guyatt as a Director
| 144,805,319 | 98.91 | 1,591,206 | 1.09 | 146,396,525 | 13,643 |
| Resolution 8 To re-elect Katherine Innes Ker as a Director
| 143,502,675 | 98.02 | 2,892,410 | 1.98 | 146,395,085 | 15,083 |
| Resolution 9 To re-elect Divya Seshamani as a Director
| 145,031,074 | 99.07 | 1,364,011 | 0.93 | 146,395,085 | 15,083 |
| Resolution 10 To re-elect Martin Sutherland as a Director
| 145,032,159 | 99.07 | 1,362,926 | 0.93 | 146,395,085 | 15,083 |
| Resolution 11 To re-elect Vince Niblett as a Director
| 145,027,206 | 99.07 | 1,368,793 | 0.93 | 146,395,999 | 14,169 |
| Resolution 12 To elect Gina Jardine as a Director
| 146,372,084 | 99.98 | 23,915 | 0.02 | 146,395,999 | 14,169 |
| Resolution 13 To approve the Directors Remuneration Policy set out on pages 124 to 134 of the Annual Report | 143,683,761 | 98.14 | 2,721,345 | 1.86 | 146,405,106 | 5,062 |
| Resolution 14 To approve the Report of the Remuneration Committee (excluding the Remuneration Policy set out on pages 124-134 of the Annual Report)
| 143,216,609 | 97.83 | 3,183,645 | 2.17 | 146,400,254 | 9,914 |
| Resolution 15 To authorise the Company to make political donations
| 145,316,756 | 99.95 | 67,101 | 0.05 | 145,383,857 | 1,026,311 |
| Resolution 16 To authorise the Directors to allot share capital
| 143,568,048 | 98.06 | 2,837,451 | 1.94 | 146,405,499 | 4,669 |
| Resolution 17 ** To disapply statutory exemption rights
| 143,907,212 | 98.30 | 2,494,937 | 1.70 | 146,402,149 | 8,019 |
| Resolution 18 ** To disapply statutory exemption rights
| 142,896,608 | 97.60 | 3,508,291 | 2.40 | 146,404,899 | 5,269 |
| Resolution 19 ** To authorise the Company to purchase its own shares
| 145,300,367 | 99.31 | 1,015,162 | 0.69 | 146,315,529 | 94,639 |
| Resolution 20 ** To authorise the Company to hold general meetings (other than an Annual General meeting) with 14 clear days' notice
| 144,507,753 | 98.70 | 1,896,261 | 1.30 | 146,404,014 | 6,154 |
In accordance with the requirements of LR 9.6.3 and 9.6.18 copies of Resolutions 16-20 will shortly be available for inspection on the National Storage Mechanism which is located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Notes:
*Votes 'withheld' are not votes under English law and so have not been included in the calculation of whether a resolution is carried. Percentages have been rounded to two decimal places.
** Special resolution.
For further information contact:
| Forterra plc | +44 (0)1604 707600 |
| Ashley Thompson, Company Secretary | |
| FTI Consulting: | +44 (0)20 3727 1340 |
| Richard Mountain | |
| Nick Hasell | |
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