RNS Number : 0615W
Grainger PLC
05 February 2025
 

5 February 2025

Grainger plc ("Grainger"/ the "Company")

Result of AGM

 

At the one hundred and twelfth Annual General Meeting of Grainger plc held on Wednesday 5 February 2025, all of the resolutions set out in the Notice of Meeting dated 13 December 2024 were passed by Shareholders by a poll and details of the votes cast are set out below. 616,502,183 proxy votes were received representing 83.13% of the total number of ordinary shares in issue (excluding treasury shares).

 

The following table gives details of the proxy votes lodged with Grainger's registrar:

 

 

 Resolutions

Total Votes For/Discretion

%

[1]

Total Votes Against

%

 

 

Total votes cast

Total Votes Withheld[2]

1

To approve and adopt the directors' report and the audited financial statements for the year ended 30 September 2024

614,924,754

99.98

109,898

0.02

615,034,652

1,472,303

2

To approve the Directors' remuneration report for the year ended 30 September 2024

583,563,592

96.40

21,796,786

3.60

605,360,378

11,146,577

3

To declare a dividend

616,394,180

99.98

108,003

0.02

616,502,183

4,772

4

To re-elect Mark Clare

542,022,993

87.92

74,462,127

12.08

616,485,120

21,835

5

To re-elect Helen Gordon

616,364,629

99.98

120,491

0.02

616,485,120

21,835

6

To re-elect Robert Hudson

615,908,360

99.91

576,541

0.09

616,484,901

22,054

7

To re-elect Justin Read

606,431,268

98.37

10,053,852

1.63

616,485,120

21,835

8

To re-elect Janette Bell

600,910,129

97.47

15,574,991

2.53

616,485,120

21,835

9

To re-elect Carol Hui

607,070,241

98.47

9,413,846

1.53

616,484,087

22,868

10

To re-elect Michael Brodtman

607,074,103

98.47

9,411,017

1.53

616,485,120

21,835

11

To reappoint KPMG LLP as auditors of the Company

614,427,540

99.66

2,067,964

0.34

616,495,504

11,451

12

To authorise the directors to determine the remuneration of the auditors

616,375,105

99.98

123,241

0.02

616,498,346

8,609

13

To authorise the directors to allot shares

584,097,946

94.74

32,399,078

5.26

616,497,024

9,931

14

To authorise the directors to issue shares for cash*

584,895,698

94.87

31,601,785

5.13

616,497,483

9,472

15

To authorise the directors to issue shares for cash in relation to the acquisition or other capital investment *

577,894,542

95.45

27,524,030

4.55

605,418,572

11,088,383

16

To authorise the Company to purchase own shares*

614,307,960

99.66

2,068,845

0.34

616,376,805

130,150

17

To reduce the notice period for general meetings (other than an Annual General Meeting) to not less than 14 clear days' notice. *

597,058,926

96.85

19,429,937

3.15

616,488,863

18,092

18

To authorise political donations up to £50,000 in aggregate

608,370,528

98.77

7,552,044

1.23

615,922,572

584,383

(* special resolutions)

 

As at the date of the Annual General Meeting, there were 741,609,008[3] ordinary shares of 5p each in issue (excluding treasury shares).

 

Copies of all the resolutions passed, other than ordinary business, will be submitted to the FCA/UKLA and will be available for inspection through the National Storage Mechanism.

 

Further information is available from:

 

Sapna B FitzGerald,

Group General Counsel and Company Secretary

www.graingerplc.co.uk

 

 


[1]  These are votes received supporting the resolution or granting the Chairman or another third-party discretion to vote on their behalf in respect of the resolution.

[2] A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

[3] As at close of business on Monday 3 February 2025, Grainger plc holds 1,506,300 shares in Treasury and has 741,609,008 ordinary shares in issue (excluding treasury shares).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RAGZELFBELLZBBZ