Costain
Group PLC (the Company)
16 May
2024
RESULTS OF 2024
AGM
At the Company's Annual General
Meeting held on 16 May 2024 (the "AGM"), the resolutions set out in
the Notice of Meeting, circulated to shareholders on 9 April 2024,
were passed by the requisite majorities. Resolutions 1 to 16 were
passed as ordinary resolutions and Resolutions 17 to 21 were passed
as special resolutions.
As at 6.30pm on 14 May 2024, the
number of issued shares in the Company was 278,348,885 ordinary
shares, which was the total number of shares entitling the holders
to attend and vote for or against all the resolutions at the AGM.
In accordance with the Company's Articles of Association, the
resolutions were put to the meeting on a poll in which every member
present in person or by proxy had one vote for every share
held.
The poll results, on which EQ, the
Company's registrar, acted as scrutineer are as follows:
|
RESOLUTION
|
NUMBER OF VOTES
FOR
|
%
of Votes Cast
|
NUMBER OF VOTES AGAINST
|
%
of Votes Cast
|
TOTAL VOTES CAST
|
%
of Issued Share Capital Voted
|
NUMBER OF VOTES WITHHELD
|
|
Resolution 1
Receive the 2023 Annual Report and Accounts
|
162,245,869
|
99.97
|
48,878
|
0.03
|
162,294,747
|
58.31%
|
42,465
|
|
Resolution 2
Approve the Directors' Remuneration Report
|
142,966,208
|
88.10
|
19,313,449
|
11.90
|
162,279,657
|
58.30%
|
57,555
|
|
Resolution 3
Declare a final dividend
|
162,293,870
|
99.99
|
18,060
|
0.01
|
162,311,930
|
58.31%
|
25,282
|
|
Resolution 4
Re-elect Kate Rock
|
143,961,847
|
88.71
|
18,324,483
|
11.29
|
162,286,330
|
58.30%
|
50,882
|
|
Resolution 5
Re-elect Alex Vaughan
|
162,159,512
|
99.93
|
120,129
|
0.07
|
162,279,641
|
58.30%
|
57,571
|
|
Resolution 6
Re-elect Helen Willis
|
162,167,817
|
99.93
|
118,514
|
0.07
|
162,286,331
|
58.30%
|
50,881
|
|
Resolution 7
Re-elect Fiona MacAulay
|
160,782,031
|
99.08
|
1,492,379
|
0.92
|
162,274,410
|
58.30%
|
62,802
|
|
Resolution 8
Re-elect Tony Quinlan
|
160,900,931
|
99.15
|
1,385,399
|
0.85
|
162,286,330
|
58.30%
|
50,882
|
|
Resolution 9
Elect Amanda Fisher
|
162,096,541
|
99.88
|
186,795
|
0.12
|
162,283,336
|
58.30%
|
53,876
|
|
Resolution 10
Elect Steve Mogford
|
162,158,420
|
99.92
|
127,911
|
0.08
|
162,286,331
|
58.30%
|
50,881
|
|
Resolution 11
Re-appoint PwC as auditor
|
162,162,298
|
99.93
|
117,035
|
0.07
|
162,279,333
|
58.30%
|
57,879
|
|
Resolution 12
Authorise the auditor's remuneration
|
162,220,047
|
99.96
|
64,696
|
0.04
|
162,284,743
|
58.30%
|
52,469
|
|
Resolution 13
Authorise sub-division of ordinary shares
|
161,103,337
|
99.27
|
1,180,753
|
0.73
|
162,284,090
|
58.30%
|
53,122
|
|
Resolution 14
Approve terms of deferred shares
|
161,173,308
|
99.30
|
1,141,624
|
0.70
|
162,314,932
|
58.31%
|
22,280
|
|
Resolution 15
Authorise political donations
|
146,944,453
|
90.53
|
15,378,184
|
9.47
|
162,322,637
|
58.32%
|
14,575
|
|
Resolution 16
Authorise the allotment of shares
|
162,078,649
|
99.86
|
227,686
|
0.14
|
162,306,335
|
58.31%
|
30,877
|
|
Resolution 17
Approve the disapplication of pre-emption rights
(general)
|
156,961,651
|
96.72
|
5,328,005
|
3.28
|
162,289,656
|
58.30%
|
47,556
|
|
Resolution 18
Approve the disapplication of pre-emption rights (acquisition
or capital investment)
|
151,341,233
|
93.25
|
10,947,702
|
6.75
|
162,288,935
|
58.30%
|
48,277
|
|
Resolution 19
Authorise the purchase of deferred shares
|
161,229,689
|
99.35
|
1,062,013
|
0.65
|
162,291,702
|
58.31%
|
45,510
|
|
Resolution 20
Authorise the purchase of own ordinary
shares
|
162,144,189
|
99.92
|
133,216
|
0.08
|
162,277,405
|
58.30%
|
50,807
|
|
Resolution 21
Approve the holding of General Meetings (other than AGMs) on
14 clear days' notice
|
161,060,024
|
99.23
|
1,250,022
|
0.77
|
162,310,046
|
58.31%
|
18,166
|
Notes:
1. There were no
restrictions on shareholders to cast votes on any of the
resolutions proposed at the AGM.
2. Percentages are
expressed as a proportion of the total votes cast (which does not
include votes withheld).
3. A vote withheld
is not a vote in law and is not included in the calculation of the
votes 'For' or 'Against' the resolutions, nor the total votes
cast.
4. Any proxy
appointments which gave discretion to the Chair have been included
in the 'For' totals.
In accordance with Listing Rule
9.6.2R, copies of all resolutions passed at the AGM today, other
than those concerning ordinary business, will be submitted to the
National Storage Mechanism, where they will shortly be available
for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Copies of these resolutions will also be filed with Companies
House.
The results
of the 2024 AGM will be available to view on the Company's website
at www.costain.com.
Enquiries
|
Investors and analysts
|
|
|
Paul Sharma, Costain
|
+44 (0) 7867 501188
|
|
|
|
|
Financial media - Headland
|
costain@headlandconsultancy.com
|
|
Andy Rivett-Carnac
|
+44 (0) 7968 997365
|
|
Charlie Twigg
|
+44 (0) 7946 494568
|