Result of AGM-GB GROUP PLC

Result of AGM-GB GROUP PLC

 

Results of AGM

GBG (AIM: GBG), the experts in digital location, identity verification and fraud software, announces the results of its Annual General Meeting 2023.  Voting on all of the resolutions was conducted on a poll.

The number of votes received in respect of each resolution were as follows:

Resolution

Votes in favour

% in favour

Votes against

% against

Votes withheld

Total votes cast as % of Issued Share Register

1. Receive the annual report and accounts

157,957,455

100.00%

6,697

0.00%

329,640

62.56

2. Declare a final dividend 

152,875,339

96.71%

5,207,419

3.29%

211,034

62.60

3. Appoint Richard Longdon

156,049,153

98.71%

2,031,997

1.29%

211,142

62.60

4. Re-appoint Chris Clark

149,552,778

94.95%

7,952,313

5.05%

787,201

62.37

5. Re-appoint Natalie Gammon

151,192,674

95.64%

6,891,202

4.36%

208,416

62.60

6. Receive and approve the Report on Directors' Remuneration

58,029,158

42.54%

78,396,850

57.46%

21,866,824

54.03

7. Appoint PwC as auditors

155,964,065

98.65%

2,129,693

1.35%

200,034

62.61

8. Authorise directors to  determine auditor remuneration

157,300,423

99.50%

791,537

0.50%

201,832

62.61

9. Authorise directors to allot shares

152,224,030

96.23%

5,960,940

3.77%

107,322

62.64

*10. Authorise directors to disapply pre-emption up to 5%

152,513,313

96.48%

5,567,907

3.52%

211,072

62.60

*11. Authorise directors to dis-apply pre-emption up to a further 5% in connection with acquisition or specified capital investment

152,252,561

96.31%

5,830,659

3.69%

209,072

62.60

*12. Authorise directors to purchase shares

156,399,370

98.95%

1,656,773

1.05%

237,649

62.59

Resolution 6 - Report on Directors' Remuneration

The Board notes that the advisory vote on the Directors' Remuneration Report did not receive the required majority number of votes to pass. Prior to the AGM the Remuneration Committee conducted an extensive consultation with the Company's largest shareholders regarding the Directors' Remuneration Report.  The Remuneration Committee values the feedback they have received on the Company's remuneration arrangements and will continue to engage constructively with shareholders. 

No Comments

Post a Comment