RNS Number : 4024M
Standard Chartered PLC
06 May 2015
 



RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

 

Wednesday 6 May 2015

 

Standard Chartered PLC (the 'Company') announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Wednesday 6 May 2015, as set out in the AGM notice.

 

A poll was held on each of the resolutions and was passed by the required majority. Resolutions 1 to 26 were passed as ordinary resolutions, and resolutions 27 to 31 were passed as special resolutions. The results of the poll were as follows:

 

 

Resolution

Votes For

%

Votes Against

%

Votes Withheld

Total Votes

% of ISC voted

1. To receive the Company's annual report and accounts for the financial year ended 31 December 2014 together with the reports of the directors and auditors.

470,762,582

99.93

340,548

0.07

1,905,955

471,103,130

76.09%

2. To declare a final dividend of 57.20 US cents per ordinary share for the year ended 31 December 2014.

471,849,886

99.99

29,125

0.01

1,130,361

471,879,011

76.22%

3. To approve the annual report on remuneration for the year ended 31 December 2014.

447,504,383

97.35

12,178,078

2.65

13,118,407

459,682,461

74.25%

4. To elect Dr Byron Grote who has been appointed as a non-executive director by the Board since the last AGM of the Company.

469,286,586

99.46

2,542,105

0.54

1,174,509

471,828,691

76.21%

5. To elect Andy Halford who has been appointed as an executive director by the Board since the last AGM of the Company.

468,026,132

99.26

3,500,854

0.74

1,446,535

471,526,986

76.16%

6. To elect Gay Huey Evans who has been appointed as a non-executive director by the Board since the last AGM of the Company.

471,174,100

99.86

666,414

0.14

1,162,687

471,840,514

76.21%

7. To elect Jasmine Whitbread who has been appointed as a non-executive director by the Board since the last AGM of the Company.

471,177,337

99.86

667,006

0.14

1,158,673

471,844,343

76.21%

8. To re-elect Om Bhatt, a non-executive director.

468,776,758

99.35

3,063,449

0.65

1,162,401

471,840,207

76.21%

9. To re-elect Dr Kurt Campbell, a non-executive director.

470,347,182

99.69

1,483,400

0.31

1,172,028

471,830,582

76.21%

10. To re-elect Dr Louis Cheung, a non-executive director.

469,865,234

99.65

1,667,355

0.35

1,173,119

471,532,589

76.16%

11. To re-elect Dr Han Seung-soo, KBE, a non-executive director.

470,354,562

99.69

1,484,749

0.31

1,163,299

471,839,311

76.21%

12. To re-elect Christine Hodgson, a non-executive director.

470,357,405

99.69

1,481,117

0.31

1,162,518

471,838,522

76.21%

13. To re-elect Naguib Kheraj, a non-executive director.

468,570,228

99.31

3,257,572

0.69

1,174,812

471,827,800

76.21%

14. To re-elect Simon Lowth, a non-executive director.

470,365,179

99.69

1,474,283

0.31

1,163,148

471,839,462

76.21%

15. To re-elect Ruth Markland, a non-executive director.

456,455,616

98.63

6,347,776

1.37

10,091,437

462,803,392

74.75%

16. To re-elect Sir John Peace, as Chairman.

452,848,624

96.05

18,640,180

3.95

1,513,053

471,488,804

76.15%

17. To re-elect Mike Rees, an executive director.

367,398,135

98.97

3,827,129

1.03

101,777,751

371,225,264

59.96%

18. To re-elect V Shankar, an executive director.*

N/A

N/A

N/A

N/A

N/A

N/A

N/A

19. To re-elect Paul Skinner, CBE, a non-executive director.

468,970,689

99.43

2,671,431

0.57

1,360,222

471,642,120

76.18%

20. To re-elect Dr Lars Thunell, a non-executive director.

470,117,447

99.64

1,710,886

0.36

1,173,952

471,828,333

76.21%

21. To appoint KPMG LLP as auditor to the Company from the end of the AGM until the end of next year's AGM.

462,364,292

97.99

9,498,959

2.01

1,145,923

471,863,251

76.21%

22. To authorise the Board to set the auditor's fees.

471,263,079

99.87

613,423

0.13

1,133,038

471,876,502

76.22%

23. To authorise the Company and its subsidiaries to make political donations.

458,117,079

97.09

13,707,669

2.91

1,170,348

471,824,748

76.21%

24. To authorise the Board to allot shares.

437,445,334

92.76

34,154,033

7.24

1,382,828

471,599,367

76.17%

25. To extend the authority to allot shares by such number of shares repurchased by the Company under the authority granted pursuant to resolution 29.

445,967,373

94.94

23,787,622

5.06

3,231,026

469,754,995

75.87%

26. To authorise the Board to allot shares and grant rights to subscribe for or to convert any security into shares in relation to any issue of Equity Convertible Additional Tier 1 Securities.

448,086,487

94.98

23,681,343

5.02

1,218,192

471,767,830

76.20%

27. To authorise the Board to disapply pre-emption rights in relation to authority granted pursuant to resolution 24.

467,178,937

99.45

2,562,463

0.55

3,244,188

469,741,400

75.87%

28. To authorise the Board to disapply pre-emption rights in relation to authority granted pursuant to resolution 26.

431,146,545

91.39

40,620,365

8.61

1,218,844

471,766,910

76.20%

29. To authorise the Company to purchase its own ordinary shares.

471,761,483

99.98

87,285

0.02

1,136,933

471,848,768

76.21%

30. To authorise the Company to purchase its own preference shares.

471,024,319

99.89

512,102

0.11

1,419,688

471,536,421

76.16%

31. That a general meeting other than an annual general meeting may be called on not less than 14 clear days' notice.

438,736,875

92.99

33,081,003

7.01

1,168,198

471,817,878

76.21%

 

 

*Resolution withdrawn: as announced on 1 April 2015, V Shankar stood down from the Board with effect from 30 April 2015.

 

As at the date of the AGM, the number of issued ordinary shares of the Company was 2,476,540,307 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions.  There was no share entitling the holder to attend and abstain from voting in favour of any of the resolutions as set out in rule 13.40 of the Hong Kong Listing Rules. In accordance with the Company's Articles of Association, on a poll every member has one vote for every four shares held, therefore the total number of voting rights was 619,135,076. Votes withheld are not votes in law and have not been counted in the calculation of the proportion of votes 'for' or 'against' a resolution. Proxy appointments which gave discretion to the Chairman have been included in the 'for' total.

 

There were no restrictions on any shareholders casting votes on any of the resolutions proposed at the AGM, save resolutions 24. Executive directors of the Company and their associates were required to abstain from resolution 24 which affected a total of 228,012 voting rights. The scrutineer of the poll was Computershare Investor Services PLC, the Company's Share Registrar.

 

The resolutions put to shareholders at the AGM today have been submitted to the UK Listing Authority, and will shortly be available for inspection at the UK Listing Authority's National Storage Mechanism, which can be accessed at http://www.morningstar.co.uk/uk/NSM.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RAGPKADBPBKDPPK