REG - AIB Group PLC - Result of AGM

AIBAnnouncement

02/05/2024 18:00

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RNS Number : 0827N  AIB Group PLC  02 May 2024

 

 

 

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
(http://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     2,211,404,650  100.00%  1,257          0.00%  2,211,405,907     3,384,680
         the reports of the Directors and the Auditor thereon
 2       To declare a final dividend of 26.568 euro cents per share payable on 10 May    2,214,781,020  100.00%  1,234          0.00%  2,214,782,254     8,334
         2024
 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   2,198,323,048  99.26%   16,458,397     0.74%  2,214,781,445     9,143
         acquisition or specified capital event
 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  2,214,293,038  99.98%   454,350        0.02%  2,214,747,388     43,200
         re-issued off-market
 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     1,222,925,297  100.00%  2,052          0.00%  1,222,927,349     991,863,216
         Finance and authorise the making of off-market purchases of ordinary shares
 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:                    email:                      email:

 conor.w.gouldson@aib.ie   niamh.a.hore@aib.ie         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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