TIDMNCC

RNS Number : 6749C

NCC Group PLC

20 October 2020

NCC GROUP PLC

RESULTS OF THE 2020 ANNUAL GENERAL MEETING

Annual General Meeting

At the Annual General Meeting ("AGM") of NCC Group plc (the "Company") held at 10.30 am at XYZ Building, 2 Hardman Boulevard, Spinningfields, Manchester, M3 3AQ on 20 October 2020, shareholders duly passed all of the resolutions proposed. Each of the resolutions put to the AGM were voted on by way of a poll.

Resolutions 1 to 14 and resolutions 19 to 22 were passed as ordinary resolutions and resolutions 15 to 18 were passed as special resolutions. The results of the poll incorporating proxy votes lodged in advance of the meeting are set out below (rounded to 2 decimal places).

 
                                  Votes for      %        Votes        %       Total votes   % of     Votes 
                                                           against              cast          ISC      withheld 
                                                                                              voted 
       To receive the 
 1.     report and accounts        205,722,097   100.00       0        0.00    205,722,097   73.45%   5,431,721 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To approve the 
        directors' remuneration 
        report (other 
        than the directors' 
        remuneration 
        policy) for the 
        year ended 31 
 2.     May 2020                  102,161,835    51.53    96,087,573   48.47   198,249,408   70.78%   12,904,409 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To approve the 
        Directors' remuneration 
        policy (as contained 
        in the Directors' 
        Remuneration 
        Report for the 
        year ended 31 
 3.     May 2020)                 163,090,941    81.44    37,158,392   18.56   200,249,333   71.50%   10,904,484 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To declare a 
        final dividend 
        of 3.15p per 
 4.     share                     211,153,619    100.00       0        0.00    211,153,619   75.39%      199 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To re-appoint 
 5.     KPMG as auditor           205,894,275    99.99      13,942     0.01    205,908,217   73.52%   5,245,601 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To authorise 
        the Audit Committee 
        to determine 
        the auditor's 
 6.     remuneration              211,143,809    100.00     7,827      0.00    211,151,636   75.39%     2,182 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To re-elect Adam 
 7.     Palser as a Director      211,100,615    99.98      49,536     0.02    211,150,151   75.39%     3,667 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To re-elect Chris 
 8.     Stone as a Director       204,983,851    99.55     921,846     0.45    205,905,697   73.52%   5,248,120 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To re-elect Jonathan 
 9.     Brooks as a Director      183,894,717    87.09    27,256,383   12.91   211,151,100   75.39%     2,718 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To re-elect Chris 
        Batterham as 
 10.    a Director                202,341,540    95.83    8,807,577    4.17    211,149,117   75.39%     4,701 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To re-elect Jennifer 
        Duvalier as a 
 11.    Director                  202,341,648    95.83    8,808,503    4.17    211,150,151   75.39%     3,667 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To re-elect Mike 
        Ettling as a 
 12.    Director                  211,111,184    99.98      37,933     0.02    211,149,117   75.39%     4,701 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To re-elect Tim 
        Kowalski as a 
 13.    Director                  205,386,342    99.75     518,322     0.25    205,904,664   73.52%   5,249,154 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To authorise 
        the Directors 
 14.    to allot shares           204,373,637    96.80    6,766,655    3.20    211,140,292   75.39%     13,526 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To authorise 
        the Directors 
        to disapply pre-emption 
        rights up to 
        5% of the issue 
 15.    share capital             204,646,266    96.92    6,503,226    3.08    211,149,492   75.39%     4,326 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To authorise 
        the Directors 
        to disapply pre-emption 
        rights for an 
        additional 5% 
        in relation to 
        an acquisition 
 16.    or capital investment     199,403,091    94.44    11,746,401   5.56    211,149,492   75.39%     4,326 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To authorise 
        the purchase 
        of own shares 
        pursuant to s.701 
        of the Companies 
 17.    Act 2006                  205,744,378    97.51    5,263,583    2.49    211,007,961   75.34%    145,857 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To reduce the 
        notice period 
        required for 
 18.    General Meetings          206,554,782    97.83    4,592,082    2.17    211,146,864   75.39%     6,954 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To authorise 
        the making of 
        political donations 
        and incurring 
 19.    political expenditure     193,404,025    91.65    17,618,642   8.35    211,022,667   75.34%    131,151 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To approve the 
        adoption of the 
        NCC Group plc 
        2020 Long Term 
 20.    Incentive Plan            199,361,756    94.42    11,775,327   5.58    211,137,083   75.39%     16,735 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To approve the 
        adoption of the 
        NCC Group plc 
        2020 Restricted 
 21.    Share Plan                199,361,756    94.42    11,775,327   5.58    211,137,083   75.39%     16,735 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
       To approve the 
        adoption of the 
        NCC Group plc 
        2020 Deferred 
        Annual Bonus 
 22.    Share Plan                204,639,610    96.92    6,500,817    3.08    211,140,427   75.39%     13,391 
      -------------------------  -------------  -------  -----------  ------  ------------  -------  ----------- 
 

Resolution 2

Following recent engagement on our Remuneration Report with approximately 25 of our larger shareholders, we would like to thank those that took the time to discuss their views with us. We were reassured that the vast majority with whom we consulted agreed that our policy and our plans for its implementation in 2020/21 were appropriate, though we acknowledge a significant minority of shareholders did not agree.

Following the AGM, the Remuneration Committee will continue to engage with shareholders to fully understand their concerns and will consider the full range of feedback. We will publish an update on our engagement, in accordance with the UK Corporate Governance Code, within six months of the 2020 AGM.

Notes:

1. Any proxy appointments which gave discretion to the chairman of the meeting have been included in the 'For' total.

2. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" and "against" a resolution, nor in the calculation of "total votes cast" for any resolution.

3. The issued share capital of the Company as at the date of the AGM was 280,076,324 ordinary shares.

4. The full text of the resolutions can be found in the Notice of Annual General Meeting which is available for inspection at the National Storage Mechanism www.morningstar.co.uk/uk/nsm and on the Company's website.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business of the meeting will be uploaded to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm .

For enquiries please contact:

Jonathan Williams

Deputy Company Secretary

0161 209 5374

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October 20, 2020 08:19 ET (12:19 GMT)