RNS Number : 8244F
FRP Advisory Group PLC
26 September 2024
 

FRP Advisory Group plc

Annual General Meeting

Result of Annual General Meeting

The Annual General Meeting of FRP Advisory Group plc was held at the offices of Bryan Cave Leighton Paisner LLP, Governor's House, 5 Laurence Pountney Hill, London, EC4R 0BR on 26 September 2024 at 10.00 a.m.

All 16 resolutions put to members were passed on a poll. Resolutions 1 to 13 were passed as ordinary resolutions and resolutions 14 to 16 were passed as special resolutions.

The number of votes cast for and against each of the resolutions proposed, and the number of votes withheld were as follows:

Resolution

Votes for

%

Votes against

%

Votes withheld

Ordinary Resolutions

Resolution 1

To receive the Company's audited accounts for the financial period ended 30 April 2024 together with the Directors' and Auditors' Report.

181,230,348

>99.99%

7,320

<0.01%

31,470

Resolution 2

To receive the Directors' Remuneration Report for the financial period ended 30 April 2024.

173,947,032

 

95.96%

7,322,106

 

4.04%

0

Resolution 3

To appoint Penelope Judd as a director of the Company.

179,936,355

 

99.69%

561,583

 

0.31%

771,200

 

Resolution 4

To re-appoint Geoffrey Rowley as a director of the Company.

181,112,035

 

99.92%

140,603

 

0.08%

16,500

 

Resolution 5

To re-appoint Jeremy French as a director of the Company.

181,170,752

 

99.95%

81,886

 

0.05%

16,500

 

Resolution 6

To re-appoint Gavin Jones as a director of the Company.

180,817,888

 

99.76%

434,750

 

0.24%

16,500

 

Resolution 7

To re-appoint David Chubb as a director of the Company.

178,182,963

 

98.31%

3,069,675

 

1.69%

16,500

 

Resolution 8

To re-appoint Kathryn Fleming as a director of the Company.

180,356,389

 

99.94%

105,949

 

0.06%

806,800

 

Resolution 9

To appoint Louise Jackson as a director of the Company.

180,455,018

 

99.98%

42,920

 

0.02%

771,200

 

Resolution 10

To re-appoint Forvis Mazars LLP as the Company's auditors.

181,226,060

 

>99.99%

7,478

 

<0.01%

35,600

 

Resolution 11

To authorise the directors of the Company to determine the Auditors' fees.

181,226,060

 

99.98%

43,078

 

0.02%

0

Resolution 12

To declare a final dividend of 2.3p per ordinary share for the year ended 30 April 2024.

181,261,818

 

>99.99%

7,320

 

<0.01%

0

Resolution 13

To authorise the Directors to allot equity securities.

177,147,974

 

97.74%

4,089,680

 

2.26%

31,484

 

Special Resolutions 10

Resolution 14

To empower the Directors to allot equity securities for cash free of statutory pre-emption rights.

176,388,870

 

97.32%

4,863,768

 

2.68%

16,500

 

Resolution 15

To empower the Directors to allot equity securities for cash otherwise than on a pre-emptive basis for an acquisition or other capital investment.

152,754,478

 

84.28%

28,498,160

 

15.72%

16,500

 

Resolution 16

To empower the Directors to make market purchases of the Company's shares.

179,636,426

 

99.11%

1,616,212

 

0.89%

16,500

 

 

As at 26 September 2024, there were 255,014,886 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.

The full text of each resolution is available in the Notice of Annual General Meeting, published on the Company's website at www.frpadvisory.com/investors/financials-documents/.

Enquiries:

 

FRP Advisory Group plc                                                                     

Geoff Rowley, CEO

Jeremy French, COO

Gavin Jones, CFO

Enquiries via MHP

 

Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)

Katy Birkin/ Stephen Keys/George Lawson (Corporate Finance)

Tel: +44 (0) 207 220 0500

 

Investec Bank plc (Joint Broker)

Carlton Nelson / James Rudd (Corporate Broking)

Tel: +44 (0) 207 597 4000

 

MHP Group (Financial Public Relations)

Oliver Hughes

Eleni Menikou

Catherine Chapman

Tel: +44 (0)7711 191518

FRP@mhpgroup.com 

 

Notes to Editors

FRP is a leading national specialist business advisory firm established in 2010. It offers a range of advisory services to companies, lenders, investors and other stakeholders, as well as individuals. These services include:

 

Restructuring advisory: corporate financial advisory, formal insolvency appointments, informal restructuring advisory, personal insolvency and general advice to all stakeholders.

Corporate finance: mergers & acquisitions (M&A), strategic advisory and valuations, financial due diligence, capital raising, special situations M&A and partial exits.

Debt advisory: raising and refinancing debt, debt amendments and extensions, restructuring debt, asset based lending and corporate and leveraged debt advisory.

Forensic services: forensic investigations, compliance and risk advisory, dispute services and forensic technology.

Financial advisory: transaction services including financial due diligence, lender services, financial modelling, valuations, pensions and company-side advisory services. 

 

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