12 March 2024
Impax Asset Management Group plc ("Impax" or the "Company")
Result of AGM
Impax confirms that at the Company's Annual General Meeting held today all resolutions were duly passed. The poll results for each of the resolutions are set out in the table below.
| Resolution | Votes cast 'For' (includes discretionary) | % | Votes cast 'Against' | % | Votes withheld | Total Votes Cast (excluding Withheld) | |
| 1 | To receive and adopt the Company's annual accounts for the financial year ended 30 September 2023 | 92,553,287 | 99.99 | 5,624 | 0.01 | 1,892,748 | 92,558,911 |
| 2 | To receive and approve the Directors' Remuneration Report (advisory vote) | 81,038,981 | 87.57 | 11,504,149 | 12.43 | 1,908,528 | 92,543,130 |
| 3 | To re-elect Sally Bridgeland as a Director | 91,859,845 | 99.20 | 745,104 | 0.80 | 1,846,709 | 92,604,949 |
| 4 | To re-elect Ian R Simm as a Director | 92,000,582 | 99.34 | 607,165 | 0.66 | 1,843,911 | 92,607,747 |
| 5 | To re-elect Arnaud de Servigny as a Director | 91,981,762 | 99.39 | 563,384 | 0.61 | 1,906,512 | 92,545,146 |
| 6 | To re-elect Annette E Wilson as a Director | 92,396,459 | 99.84 | 148,690 | 0.16 | 1,906,509 | 92,545,149 |
| 7 | To re-elect Lindsey Brace Martinez as a Director | 92,082,253 | 99.50 | 462,943 | 0.50 | 1,906,462 | 92,545,196 |
| 8 | To re-elect William Simon O'Regan as a Director | 92,351,329 | 99.79 | 193,620 | 0.21 | 1,906,709 | 92,544,949 |
| 9 | To elect Karen Cockburn as a Director | 91,951,700 | 99.29 | 655,716 | 0.71 | 1,844,242 | 92,607,416 |
| 10 | To elect Julia Bond as a Director | 92,433,820 | 99.88 | 112,100 | 0.12 | 1,905,739 | 92,545,920 |
| 11 | To reappoint KPMG LLP as auditor of the Company | 91,963,639 | 99.31 | 642,171 | 0.69 | 1,845,849 | 92,605,810 |
| 12 | To authorise the Directors to fix the remuneration of the auditor | 92,602,095 | 99.99 | 7,550 | 0.01 | 1,842,014 | 92,609,645 |
| 13 | To declare a final dividend of 22.9 pence per share | 92,609,203 | 100 | 689 | 0 | 1,841,767 | 92,609,892 |
| 14 | To authorise the Directors to allot shares | 90,002,824 | 97.19 | 2,605,824 | 2.81 | 1,843,011 | 92,608,648 |
| 15 | To authorise the Directors to disapply pre-emption rights* | 92,543,019 | 99.93 | 63,379 | 0.07 | 1,845,261 | 92,606,398 |
| 16 | To authorise the Directors to disapply pre-emption rights in relation to an acquisition or capital investment* | 92,553,244 | 99.94 | 53,692 | 0.06 | 1,844,723 | 92,606,936 |
| 17 | To authorise the Company to make market purchases of its shares* | 89,377,823 | 99.99 | 6,165 | 0.01 | 5,067,671 | 89,383,988 |
* Special Resolutions requiring 75% majority to pass
A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
The total issued share capital at the date of the meeting was 132,596,554 ordinary shares.
LEI number: 213800AJDNW4S2B7E680
Enquiries:
| Impax Asset Management Group plc Ian Simm, Chief Executive Paul French, Head of Communications
|
+44 (0)20 3912 3000 +44 (0)20 3912 3032 |
| Montfort Communications Gay Collins Jack Roddan
|
+44 (0)77 9862 6282 +44 (0)78 2567 0695 |
| Peel Hunt LLP, Nominated Adviser and Joint Broker John Welch Dan Webster
Berenberg, Joint Broker James Felix Dan Gee-Summons |
+44 (0)20 7418 8900
+44 (0)20 3207 7800 |
About Impax Asset Management
Founded in 1998, Impax is a specialist asset manager, with approximately £39.2 billion as of 29 February 2024 in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable global economy.
Impax believes that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth for well-positioned companies and create risks for those unable or unwilling to adapt.
The company seeks to invest in higher quality companies with strong business models that demonstrate sound management of risk. Impax offers a well-rounded suite of investment solutions spanning multiple asset classes seeking superior risk-adjusted returns over the medium to long term.
Impax has approximately 300 employees1 across its offices in the United Kingdom, the United States, Ireland, Hong Kong and Japan making it one of the investment management sector's largest investment teams dedicated to sustainable development.
1 Full-time equivalent.
Issued in the UK by Impax Asset Management Group plc, whose shares are quoted on the Alternative Investment Market of the London Stock Exchange. Impax Asset Management Group plc is registered in England & Wales, number 03262305. AUM relates to Impax Asset Management Limited, Impax Asset Management (AIFM) Limited, Impax Asset Management Ireland Limited and Impax Asset Management LLC. Impax Asset Management Limited and Impax Asset Management (AIFM) Limited are authorised and regulated by the Financial Conduct Authority and are wholly owned subsidiaries of Impax Asset Management Group plc. Please note that the information provided on www.impaxam.com and links from it should not be relied upon for investment purposes.
Impax is trademark of Impax Asset Management Group Plc. Impax is a registered trademark in the EU, US, Hong Kong and Australia. © Impax Asset Management LLC, Impax Asset Management Limited and/or Impax Asset Management (Ireland) Limited. All rights reserved.
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