REG - STV Group PLC - Result of AGM

STVAnnouncement

01/05/2024 16:15

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RNS Number : 8839M  STV Group PLC  01 May 2024

 

 

 

 STV Group plc

LEI: 21380075GOOTTBDNDJ58

 1 May 2024
 RESULTS OF ANNUAL GENERAL MEETING 2024

 STV Group plc (the 'Company') announces that, at the Annual General Meeting
 held earlier today, all resolutions were duly passed by the Company's
 shareholders on a poll.  The results of the poll are shown in the table
 below.

 Votes 'For' and 'Against' are expressed as a percentage of the total votes
 received.  A 'Vote withheld' is not treated as a vote in law and would not be
 counted in the calculation of the proportion of the votes cast 'For' or
 'Against' a resolution.

 Resolutions 1 to 15 (inclusive) were proposed as Ordinary Resolutions and
 resolutions 16 and 17 as Special Resolutions.  The current issued share
 capital of the Company consists of 46,722,499 ordinary shares of 50 pence,
 carrying one vote each.

 The Board notes that more than 20% of shareholders voted against four of the
 other resolutions.  All voting outcomes will be discussed through ongoing
 dialogue with shareholders.

 In accordance with the Listing Rule 9.6.2 copies of the resolutions that do
 not constitute ordinary business at an annual general meeting will be
 submitted to the National Storage Mechanism and will shortly be available for
 inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
 (https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 Copies of announcements are available on the Company's website www.stvplc.tv
 (http://www.stvplc.tv)

 Eileen Malcolmson

 Company Secretary

 1 May 2024

Resolution                                                                      For                      Against                  Total                   Withheld
                                         No. of Votes  % of Vote  No. of Votes  % of Vote  No. of Votes  % of ISC  No. of Votes

 Voted
 1.To receive the Annual Report and Financial Statements for the year ended 31   38,769,724    100.00     598           0.00       38,770,322    82.98%    726
 December 2023
 2. To approve the Directors' Remuneration Policy                                28,524,910    73.57      10,245,179    26.43      38,770,089    82.98%    1,129
 3.To approve the Directors' Annual Report on Remuneration for the year ended    27,343,506    74.11      9,552,549     25.89      36,896,055    78.97%    1,874,914
 31 December 2023
 4.To declare a final dividend of 7.4p per ordinary share in respect of the      38,769,756    100.00     829           0.00       38,770,585    82.98%    633
 year ended 31 December 2023
 5. To elect Naomi Climer CBE as a Director of the Company                       29,495,153    76.08      9,275,201     23.92      38,770,354    82.98%    864
 6. To re-elect Paul Reynolds as a Director of the Company                       38,594,784    99.55      174,570       0.45       38,769,354    82.98%    1,864
 7.To re-elect Simon Pitts as a Director of the Company                          38,767,687    100.00     1,667         0.00       38,769,354    82.98%    1,864
 8.To re-elect Lindsay Dixon as a Director of the Company                        38,768,137    100.00     1,217         0.00       38,769,354    82.98%    1,864
 9. To re-elect Simon Miller as a Director of the Company                        38,595,374    99.55      174,780       0.45       38,770,154    82.98%    1,064
 10.To re-elect David Bergg as a Director of the Company                         38,768,487    100.00     1,667         0.00       38,770,154    82.98%    1,064
 11. To re-elect Aki Mandhar as a Director of the Company                        38,768,487    100.00     1,667         0.00       38,770,154    82.98%    1,064
 12. To re-appoint Deloitte LLP as the auditor of the Company                    38,769,004    100.00     855           0.00       38,769,859    82.98%    1,359
 13. To authorise the Audit and Risk Committee to determine the remuneration of  38,769,261    100.00     598           0.00       38,769,859    82.98%    1,359
 the auditor
 14. To approve the amendments to the rules of the STV Group plc Long Term       29,222,946    75.38      9,546,385     24.62      38,769,331    82.98%    1,887
 Incentive Plan
 15. To approve the amendment to the rules of the STV Group plc Sharesave        38,768,219    100.00     1,112         0.00       38,769,331    82.98%    1,887
 Scheme
 16. To permit the Company to purchase its own shares                            38,498,321    99.30      272,038       0.70       38,770,359    82.98%    859
 17. That the Company be entitled to hold general meetings of the Company on     38,711,349    99.85      58,710        0.15       38,770,059    82.98%    1,159
 the provision of 14 clear days' notice

 

 

 

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