RNS Number : 0827N
AIB Group PLC
02 May 2024
 

AIB_LOGO_PRIMARY_RGB

 

 

 

2 May 2024

 

           AIB GROUP PLC (the "Company")

 

RESULTS OF ANNUAL GENERAL MEETING 2024

The Company announces that at its Annual General Meeting ("AGM"), held today at 10 Molesworth Street, Dublin 2, all of the resolutions proposed were duly passed on a poll.

Resolutions 1 to 8 (inclusive) and resolution 15 were passed as ordinary resolutions and resolutions 9 to 14 (inclusive) and resolution 16 were passed as special resolutions.

The full text of each resolution, together with explanatory notes, are set out in the Notice of AGM which was circulated to Shareholders on 3 April 2024 and made available on the Company's website at www.aib.ie/investorrelations.

The results of the voting on the resolutions are as follows:

Resolution

Votes For

%

Votes Against

%

Total Votes Cast

Votes Withheld

1

To receive and consider the financial statements for the year together with the reports of the Directors and the Auditor thereon

2,211,404,650

100.00%

1,257

0.00%

2,211,405,907

3,384,680

2

To declare a final dividend of 26.568 euro cents per share payable on 10 May 2024

2,214,781,020

100.00%

1,234

0.00%

2,214,782,254

8,334

3

To authorise the Directors to determine the remuneration of the Auditor

2,210,441,406

99.80%

4,340,801

0.20%

2,214,782,207

8,381

4

To consider the continuation in office of PricewaterhouseCoopers as Auditor

2,211,344,887

99.84%

3,437,262

0.16%

2,214,782,149

8,439

5

To re-appoint the following Directors:







(a)

Anik Chaumartin

2,194,045,355

99.07%

20,505,819

0.93%

2,214,551,174

239,414

(b)

Donal Galvin

2,210,591,182

99.81%

4,166,164

0.19%

2,214,757,346

33,242

(c)

Basil Geoghegan

2,214,752,909

100.00%

4,434

0.00%

2,214,757,343

33,245

(d)

Tanya Horgan

2,214,222,198

99.98%

535,193

0.02%

2,214,757,391

33,197

(e)

Colin Hunt

2,196,640,644

99.18%

18,116,698

0.82%

2,214,757,342

33,246

(f)

Sandy Kinney Pritchard

2,214,753,126

100.00%

4,226

0.00%

2,214,757,352

33,244

(g)

Elaine MacLean

2,205,699,855

99.59%

9,057,587

0.41%

2,214,757,442

33,154

(h)

Andrew Maguire

2,214,753,930

100.00%

3,422

0.00%

2,214,757,352

33,243

(i)

Brendan McDonagh

2,207,795,671

99.69%

6,961,685

0.31%

2,214,757,356

33,240

(j)

Helen Normoyle

2,187,824,782

98.78%

26,932,658

1.22%

2,214,757,440

33,156

(k)

Ann O'Brien

2,214,172,925

99.97%

584,480

0.03%

2,214,757,405

33,191

(l)

Fergal O'Dwyer

2,214,755,793

100.00%

1,559

0.00%

2,214,757,352

33,244

(m)

James Pettigrew

2,207,407,365

99.67%

7,350,038

0.33%

2,214,757,403

33,193

(n)

Jan Sijbrand

2,196,105,576

99.16%

18,651,765

0.84%

2,214,757,341

33,255

(o)

Raj Singh

2,196,058,355

99.16%

18,698,939

0.84%

2,214,757,294

33,298

6

To consider the Directors' Remuneration Report

2,200,932,220

99.46%

11,996,883

0.54%

2,212,929,103

1,861,493

7

To consider the Remuneration Policy

2,164,992,566

98.00%

44,233,016

2.00%

2,209,225,582

5,565,014

8

To authorise the Directors to allot relevant securities

2,165,852,865

97.79%

48,929,048

2.21%

2,214,781,913

8,683

9(a)

Limited authorisation for the Directors to disapply pre-emption rights

2,211,944,108

99.87%

2,837,355

0.13%

2,214,781,463

9,125

9(b)

Limited authorisation for the Directors to disapply pre-emption rights for an acquisition or specified capital event

2,198,323,048

99.26%

16,458,397

0.74%

2,214,781,445

9,143

10

To authorise the purchase by the Company of its own shares

2,211,455,247

99.88%

2,694,927

0.12%

2,214,150,174

640,414

11

To determine the re-issue price range at which any treasury shares held may be re-issued off-market

2,214,293,038

99.98%

454,350

0.02%

2,214,747,388

43,200

12

To authorise the Directors to convene general meetings on 14 days' notice

2,140,217,980

96.64%

74,526,006

3.36%

2,214,743,986

46,602

13

To approve the terms of the Directed Buyback Contract with the Minister for Finance and authorise the making of off-market purchases of ordinary shares

1,222,925,297

100.00%

2,052

0.00%

1,222,927,349

991,863,216

14

To amend the Articles of Association for proposed Odd-lot Offer

2,210,281,694

100.00%

2,205

0.00%

2,210,283,899

4,506,661

15

To authorise the making of an Off-lot Offer

2,210,281,522

100.00%

2,178

0.00%

2,210,283,700

4,506,880

16

To authorise the making of an off-market purchase of shares

2,209,997,707

100.00%

2,434

0.00%

2,210,283,683

4,506,905

In accordance with Listing Rule 6.1.11 of Euronext Dublin and Listing Rule 9.2.2E of the Financial Conduct Authority, resolutions 5 a), c), d), f), g), h), i), j), k), l), n), and o) relating to the election or re-election of the independent non-executive Directors, were passed by majority of each of:

-     the shareholders of the Company, and

-     the independent shareholders of the Company (that is, the shareholders of the Company entitled to vote on the election of Directors who are not controlling shareholders[1]).

Votes cast by shareholders excluding the controlling shareholder are shown below.

Resolution

Votes For

%

Votes Against

%

Total Votes Cast

Votes Withheld

5

To re-appoint the following Directors:







(a)

Anik Chaumartin

1,202,237,381

98.32%

20,505,819

1.68%

1,222,743,200

239,414

(c)

Basil Geoghegan

1,222,944,935

100.00%

4,434

0.00%

1,222,949,369

33,245

(d)

Tanya Horgan

1,222,414,224

99.96%

535,193

0.04%

1,222,949,417

33,197

(f)

Sandy Kinney Pritchard

1,222,945,152

100.00%

4,226

0.00%

1,222,949,378

33,244

(g)

Elaine MacLean

1,213,891,881

99.26%

9,057,587

0.74%

1,222,949,468

33,154

(h)

Andy Maguire

1,222,945,956

100.00%

3,422

0.00%

1,222,949,378

33,243

(i)

Brendan McDonagh

1,215,987,697

99.43%

6,961,685

0.57%

1,222,949,382

33,240

(j)

Helen Normoyle

1,196,016,808

97.80%

26,932,658

2.20%

1,222,949,466

33,156

(k)

Ann O'Brien

1,222,364,951

99.95%

584,480

0.05%

1,222,949,431

33,191

(l)

Fergal O'Dwyer

1,222,947,819

100.00%

1,559

0.00%

1,222,949,378

33,244

(n)

Jan Sijbrand

1,204,297,602

98.47%

18,651,765

1.53%

1,222,949,367

33,255

(o)

Raj Singh

1,204,250,381

98.47%

18,698,939

1.53%

1,222,949,320

33,298

 

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 total number of ordinary shares in issue as at Sunday, 28 April 2024 was 2,618,753,655.

3.     The total number of ordinary shares held by shareholders excluding the controlling shareholder on Sunday, 28 April 2024 was 1,626,945,681.

In accordance with Listing Rule 6.1.60 of Euronext Dublin and Listing Rule 9.6.2 of the Financial Conduct Authority, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today have been submitted to Euronext Dublin and the UK National Storage Mechanism and will be shortly available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

-ENDS-

Contact details:

Conor Gouldson

Niamh Hore

Paddy McDonnell

Group Company Secretary

Head of Investor Relations

Head of Media Relations

AIB Molesworth Street

AIB Molesworth Street

AIB Molesworth Street

Dublin 2

Dublin 2

Dublin 2

Tel: +353-1-7720030

Tel: +353-1-6411817

Tel: +353-87-7390743

email:

conor.w.gouldson@aib.ie

email:

niamh.a.hore@aib.ie    

email:

paddy.x.mcdonnell@aib.ie  

 

 


[1] Controlling shareholder: shareholder(s) that exercise or control more than 30% of the voting rights of the Company.



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