Inchcape
plc
Result of Annual General
Meeting
Inchcape plc (Company) announces
that all resolutions proposed at the Annual General Meeting of the
Company held at 11.00 a.m. today at the Royal Automobile Club, 89
Pall Mall, St. James's, London SW1Y 5HS were passed by way of a
poll.
Details of the votes cast on all
resolutions are set out below and will also be available on the
Company's website: www.inchcape.com
In accordance with UK Listing Rule
9.6.2, copies of all the resolutions passed, other than ordinary
business, will be submitted to the National Storage Mechanism
shortly and be available for inspection.
As previously announced, following
the conclusion of today's Annual General Meeting, the following
Board changes have now taken immediate effect:
· Jerry
Buhlmann succeeds Nigel Stein as Chairman of the Board. Jerry will
step down from being a member of the Company's Audit
Committee.
· Alison
Platt is appointed as Senior Independent Director of the
Company.
· Byron
Grote succeeds Jane Kingston as Chair of the Company's Remuneration
Committee.
· Both
Nigel Stein and Jane Kingston have retired from the
Board.
|
Resolution
|
Votes For
|
% of votes
cast
|
Votes
Against
|
% of votes
cast
|
Votes Total
|
% of Issued
Capital
|
Votes
Withheld
|
|
1
|
RECEIVE
THE REPORT AND ACCOUNTS
|
354,446,081
|
100.00%
|
17,011
|
0.00%
|
354,463,092
|
85.82%
|
918,656
|
|
2
|
REMUNERATION REPORT
|
347,950,560
|
98.75%
|
4,396,635
|
1.25%
|
352,347,195
|
85.31%
|
3,034,553
|
|
3
|
DECLARE A
FINAL DIVIDEND
|
355,379,748
|
100.00%
|
389
|
0.00%
|
355,380,137
|
86.05%
|
1,611
|
|
4
|
RE-ELECT
NAYANTARA BALI
|
348,904,603
|
98.18%
|
6,463,806
|
1.82%
|
355,368,409
|
86.04%
|
13,339
|
|
5
|
RE-ELECT
JERRY BUHLMANN
|
341,849,794
|
96.20%
|
13,518,149
|
3.80%
|
355,367,943
|
86.04%
|
13,805
|
|
6
|
RE-ELECT
JUAN PABLO DEL RIO
|
348,600,171
|
98.10%
|
6,768,234
|
1.90%
|
355,368,405
|
86.04%
|
13,343
|
|
7
|
RE-ELECT
BYRON GROTE
|
339,044,996
|
95.41%
|
16,322,813
|
4.59%
|
355,367,809
|
86.04%
|
13,939
|
|
8
|
RE-ELECT
ALEX JENSEN
|
349,766,337
|
98.42%
|
5,599,995
|
1.58%
|
355,366,332
|
86.04%
|
15,416
|
|
9
|
RE-ELECT
SARAH KUIJLAARS
|
351,876,691
|
99.02%
|
3,491,718
|
0.98%
|
355,368,409
|
86.04%
|
13,339
|
|
10
|
ELECT
ADRIAN LEWIS
|
353,432,787
|
99.46%
|
1,932,668
|
0.54%
|
355,365,455
|
86.04%
|
16,293
|
|
11
|
ELECT
ALISON PLATT
|
355,338,532
|
99.99%
|
25,067
|
0.01%
|
355,363,599
|
86.04%
|
18,149
|
|
12
|
ELECT
STUART ROWLEY
|
355,007,901
|
99.90%
|
357,654
|
0.10%
|
355,365,555
|
86.04%
|
16,193
|
|
13
|
RE-ELECT
DUNCAN TAIT
|
353,405,675
|
99.45%
|
1,962,670
|
0.55%
|
355,368,345
|
86.04%
|
13,403
|
|
14
|
RE-APPOINT DELOITTE AS
AUDITOR
|
355,137,380
|
99.99%
|
29,814
|
0.01%
|
355,167,194
|
86.00%
|
214,048
|
|
15
|
AUDITOR
REMUNERATION
|
355,358,342
|
100.00%
|
16,204
|
0.00%
|
355,374,546
|
86.05%
|
6,696
|
|
16
|
AUTHORITY
TO ALLOT SECURITIES
|
354,280,284
|
99.69%
|
1,094,156
|
0.31%
|
355,374,440
|
86.05%
|
7,308
|
|
17
|
SAYE
SHARE OPTION PLAN
|
353,584,289
|
99.50%
|
1,793,484
|
0.50%
|
355,377,773
|
86.05%
|
3,933
|
|
18
|
DISAPPLY PRE-EMPTION RIGHTS
|
354,611,165
|
99.79%
|
761,372
|
0.21%
|
355,372,537
|
86.05%
|
9,211
|
|
19
|
DISAPPLY PRE-EMPTION RIGHTS
2
|
354,598,764
|
99.78%
|
777,202
|
0.22%
|
355,375,966
|
86.05%
|
5,782
|
|
20
|
PURCHASE
OWN SHARES
|
355,107,222
|
99.99%
|
44,941
|
0.01%
|
355,152,163
|
85.99%
|
229,585
|
|
21
|
MEETING
NOTICE PERIODS
|
350,611,719
|
98.66%
|
4,769,139
|
1.34%
|
355,380,858
|
86.05%
|
890
|
Notes:
A vote withheld is not a vote in law
and is not counted in the calculation of the votes for or against a
resolution.
Resolutions 1 to 17 were ordinary
resolutions, requiring over 50% of shareholders' votes to be cast
in favour of the resolutions.
Resolutions 18 to 21 were special
resolutions, requiring at least 75% of shareholders' votes to be
cast in favour of the resolutions.
No other resolutions were put to the
meeting.
The number of shares in issue as at
the date of this announcement is 413,007,132.
Ends
About Inchcape
Inchcape is the leading global
automotive distributor, with operations across six
continents.
By combining our in-market expertise
with our unique technology and advanced data analytics, we create
innovative customer experiences that deliver outstanding
performance for our partners - building stronger automotive brands
and creating sustainable growth.
Our distribution platform connects
the products of mobility company partners with customers, and our
responsibilities span product planning and pricing, import and
logistics, brand and marketing to operating digital sales, managing
physical sales and aftermarket service channels.
Delivering for our partners, our
customers and our people - so they can realise their ambitions in
the new world of mobility.
The Group is headquartered in
London and employs around 22,000 people globally.
www.inchcape.com