RNS Number : 0727M
Mobico Group PLC
09 June 2025
 

MOBICO GROUP PLC

Result of AGM - 9 June 2025

Mobico Group PLC (the "Company") held its Annual General Meeting ("AGM") today in the Bevan Suite at BMA House, British Medical Association, Tavistock Square, London, WC1H 9JP at 2.30pm. All resolutions at the AGM were put to the meeting on a poll and were passed with the requisite majority. The full results are detailed below.

As at 6.30pm on Thursday 5 June 2025, the time by which shareholders who wanted to vote at the AGM must have been entered on the Company's register of members, there were 614,086,377 ordinary shares of 5 pence each in issue.  Shareholders are entitled to one vote per share on a poll.

 

 Resolution

VOTES FOR

 

VOTES AGAINST

% of ISC voted

Number of votes withheld

No. of shares

%

No. of shares

%

1.  

To receive the accounts of the Company for the year ended 31 December 2024 and the Directors' and Auditors' Reports thereon

350,419,571

99.84

567,638

0.16

57.16%

793,968

2.  

To approve the Annual Report on Remuneration (advisory vote only)

348,152,321

99.15

2,998,956

0.85

57.18%

629,900

3.  

To elect Phil White as a Director of the Company

320,744,048

91.24

30,783,129

8.76

57.24%

254,000

4.  

To re-elect Jorge Cosmen as a Director of the Company

263,619,282

74.99

87,916,046

25.01

57.25%

245,849

5.  

To re-elect Enrique Dupuy de Lome Chávarri as a Director of the Company

302,614,239

86.09

48,898,553

13.91

57.24%

268,385

6.  

To re-elect Carolyn Flowers as a Director of the Company

302,130,640

85.95

49,395,739

14.05

57.24%

254,798

7.  

Resolution withdrawn

n/a

n/a

n/a

n/a

n/a

n/a

8.  

To re-elect Karen Geary as a Director of the Company

302,289,577

85.99

49,241,802

14.01

57.24%

249,798

9.  

To re-elect Nigel Pocklington as a Director of the Company

305,440,428

86.89

46,083,459

13.11

57.24%

257,290

10. 

To re-elect Ana de Pro Gonzalo as a Director of the Company

305,698,502

86.96

45,828,877

13.04

57.24%

253,798

11. 

To re-appoint Deloitte LLP as the Company's auditor

327,541,720

93.18

23,986,321

6.82

57.24%

253,136

12. 

To authorise the Directors to fix the auditor's remuneration

327,933,047

93.27

23,650,769

6.73

57.25%

197,361

13. 

To approve the 2025 Long-Term Incentive Plan

349,940,796

99.54

1,632,677

0.46

57.25%

207,704

14. 

To authorise political donations and expenditure

349,228,411

99.44

1,963,524

0.56

57.19%

589,242

15. 

To authorise the Directors to allot shares

347,188,682

98.87

3,958,379

1.13

57.18%

634,116

16. 

To give the Directors power to disapply pre-emption rights - general

347,835,755

99.06

3,305,331

0.94

57.18%

640,091

17. 

To give the Directors power to disapply pre-emption rights - specific

347,534,606

98.97

3,603,994

1.03

57.18%

642,577

18. 

To authorise the Company to purchase its own shares

350,744,767

99.77

806,775

0.23

57.25%

229,635

19. 

To call General Meetings (other than AGMs) on 14 clear days' notice

345,532,035

98.27

6,074,035

1.73

57.26%

175,107

 

NOTES:  

1.   The 'For' vote includes those giving the Chairperson discretion.

2.   Votes 'Withheld' are not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution.

3.   Resolutions 1 to 15 were ordinary resolutions which required a majority of votes cast to be in favour.  

4.   Resolutions 16 to 19 were special resolutions which required at least 75% of votes cast to be in favour.  

5.   In accordance with Listing Rule 6.4.2R, copies of the resolutions passed as special business will shortly be available for inspection on the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

6.   The voting results shown above are also available on the Company's website at https://www.mobicogroup.com/investors/agm

 

The Board is pleased to note that all resolutions were passed with the requisite majority of votes and welcomes the overwhelming support of the Company's shareholders for the majority of the resolutions proposed.

 

The Board is also grateful for the support of the majority of its shareholders for the resolutions proposed on the re-appointment of the directors. However, it recognises that support for the appointment of certain of the directors is lower than usual, and that support for the re-appointment of one of the directors is below 80%.

 

The Board values an open and transparent dialogue with our shareholders, and will engage with them to ensure all views are understood and taken into consideration in respect of matters. In accordance with the UK Corporate Governance Code, we will publish an update on this engagement within six months of the AGM.

 

- END -

Company contacts:

Simon Callander, Group General Counsel & Company Secretary

+44 (0) 7795 232 708

 

Gillian Saunderson, Deputy Company Secretary

+44 (0) 7471 142 961

 

Notes

Legal Entity Identifier: 213800A8IQEMY8PA5X34

Classification: 3.1 (with reference to DTR6 Annex 1R)

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
 
 
RAGEAKKNEEESEFA