REG - Clarkson PLC - Result of AGM

ClarksonAnnouncement

09/05/2024 17:00

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RNS Number : 8660N  Clarkson PLC  09 May 2024

 

 

 

CLARKSON PLC

("the Company" or "Clarksons")

 

9 May 2024

 

Results of 2024 Annual General Meeting

 

At the Annual General Meeting ("AGM") of the Company, held electronically by
video webcast at 12 noon today, all resolutions were passed on a poll. The
total number of votes received on each resolution was as follows:

 

     Description                                                      Votes for   % of votes cast  Votes against  % of votes cast  Total Votes Cast  Votes cast as % of issued share capital  Votes withheld
 1   Annual Report                                                    22,754,715  99.88            27,149         0.12             22,781,864        74.07%                                   116,961
 2   Directors' Remuneration Report                                   12,371,552  57.43            9,171,800      42.57            21,543,352        70.04%                                   1,355,473
 3   Final dividend                                                   22,845,332  99.99            2,493          0.01             22,847,825        74.28%                                   51,000
 4   Re-elect Laurence Hollingworth                                   17,824,478  78.27            4,948,485      21.73            22,772,963        74.04%                                   125,861
 5   Re-elect Andi Case                                               22,520,191  99.86            31,959         0.14             22,552,150        73.32%                                   346,675
 6   Re-elect Jeff Woyda                                              22,335,028  97.70            525,363        2.30             22,860,391        74.32%                                   38,434
 7   Re-elect Martine Bond                                            18,565,842  81.57            4,193,404      18.43            22,759,246        73.99%                                   139,578
 8   Re-elect Sue Harris                                              22,593,101  99.07            211,085        0.93             22,804,186        74.14%                                   94,639
 9   Re-elect Dr Tim Miller                                           14,098,915  61.95            8,660,502      38.05            22,759,417        74.00%                                   139,408
 10  Re-elect Heike Truol                                             22,617,162  99.07            211,323        0.93             22,828,485        74.22%                                   70,340
 11  Reappoint PwC as Auditor of the Company                          22,695,965  99.56            100,110        0.44             22,796,075        74.11%                                   102,750
 12  Authority for the Board to determine the Auditor's remuneration  22,737,129  99.56            99,460         0.44             22,836,589        74.25%                                   62,236
 13  Directors' authority to allot shares                             22,541,874  98.67            304,151        1.33             22,846,025        74.28%                                   52,800
 14  Political donations                                              22,322,079  98.42            359,183        1.58             22,681,262        73.74%                                   217,563
 15  Disapply pre-emption rights*                                     22,736,292  99.88            26,245         0.12             22,762,537        74.01%                                   136,288
 16  Purchase own shares*                                             22,788,496  99.94            13,768         0.06             22,802,264        74.13%                                   96,561
 17  General meeting notice period*                                   22,449,567  98.22            406,540        1.78             22,856,107        74.31%                                   42,718

*Special resolution requiring 75% majority.

 

Notes:

1.   Any proxy appointments which give discretion to the Chair have been
included in the "for" total.

2.   The total number of shares in issue is 30,758,036 as at today's date.

3.   A "vote withheld" is not a vote in law and is not counted in the
calculation of the proportion of the votes "for" or "against" a resolution.

 

Statement regarding voting result

 

The Company notes that resolution 2 to approve the Directors' Remuneration
Report; resolution 4 to approve the re-election of Laurence Hollingworth; and
resolution 9 to approve the re-election of Dr Tim Miller were passed with
57.43%, 78.27% and 61.95% support respectively. We appreciate the support from
most of our shareholders and will continue our engagement over the year ahead.

 

Availability of documents

 

In accordance with Listing Rule 9.6.2R, copies of the resolutions (other than
those comprising ordinary business) passed at the AGM will be submitted to the
National Storage Mechanism and will be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

In addition, copies of resolution 13 and resolutions 15 to 17 will be filed
with Companies House.

 

Changes to Board and committee membership

 

As previously announced, Birger Nergaard, having served nine years as a
Non-Executive Director, retired from the Board at the conclusion of the AGM.

 

Following Birger's retirement, the membership of the committees is as follows:

 

 Audit and Risk Committee  Nomination Committee           Remuneration Committee

 (UNCHANGED)
 Sue Harris (Chair)        Laurence Hollingworth (Chair)  Dr Tim Miller (Chair)
 Martine Bond              Sue Harris                     Martine Bond
 Dr Tim Miller             Heike Truol                    Laurence Hollingworth
 Heike Truol

 

 

For further details please contact:

 

Company enquiries:

Deborah Abrehart

Company Secretary

 

Tel: +44(0)20 7334 3185

 

Camarco:

Billy Clegg

Jennifer Renwick

 

Tel: +44(0)20 3757 4983 / 4994

 

 

About Clarkson PLC

 

Clarkson PLC is the world's leading provider of integrated services and
investment banking capabilities to the shipping and offshore markets,
facilitating global trade.

Founded in 1852, Clarksons offers its diverse and growing client base an
unrivalled range of shipbroking services, sector research, on-hand logistical
support and full investment banking capabilities in all key shipping and
offshore sectors. Clarksons continues to drive innovation across its business,
developing digital solutions which underpin the Group's unrivalled expertise
and knowledge with leading technology.

The Group employs over 2,000 people in over 60 different offices across its
four divisions and is number one or two in all its market segments.

The Company has delivered 21 years of consecutive dividend growth. The highly
cash-generative nature of the business, supported by a strong balance sheet,
has enabled Clarksons to continue to invest to position the business to
capitalise on opportunities in its markets.

Clarksons is listed on the main market of the London Stock Exchange under the
ticker CKN and is a member of the FTSE 250 Index.

For more information, visit www.clarksons.com (http://www.clarksons.com) .

 

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