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Result of AGM

Stagecoach Group PLC
·4-min read

Stagecoach Group PLC: Result of AGM

At the Annual General Meeting (“AGM”) of Stagecoach Group plc (the "Company") held earlier today, 25 September 2020, shareholders duly passed all of the resolutions proposed. Each of the resolutions put to the AGM was voted on by way of a poll.

Resolutions 1 to 16 (inclusive) were passed as ordinary resolutions and resolutions 17 to 20 (inclusive) were passed as special resolutions. The votes received in respect of each of the resolutions were as follows:

Resolution

Votes For

% For

Votes Against

% Against

Total votes

Total votes as % of total voting rights

Votes Withheld

1. Receive Annual Report and Accounts

398,112,437

99.98

92,614

0.02

398,205,051

72.30

370,707

2. Approve the Remuneration Report

396,458,946

99.49

2,025,673

0.51

398,484,619

72.35

91,139

3. Approve the Remuneration Policy

392,300,406

98.45

6,174,765

1.55

398,475,171

72.35

100,587

4. Elect Lynne Weedall

398,261,273

99.95

201,654

0.05

398,462,927

72.35

112,831

5. Re-elect Gregor Alexander

393,771,018

98.81

4,731,662

1.19

398,502,680

72.35

73,078

6. Re-elect James Bilefield

395,076,160

99.14

3,422,542

0.86

398,498,702

72.35

77,056

7. Re-elect Martin Griffiths

396,051,597

99.39

2,443,442

0.61

398,495,039

72.35

80,719

8. Re-elect Ross Paterson

395,897,071

99.35

2,592,255

0.65

398,489,326

72.35

86,432

9. Re-elect Sir Brian Souter

388,671,174

97.53

9,830,550

2.47

398,501,724

72.35

74,034

10. Re-elect Ray O’Toole

395,008,574

99.13

3,457,202

0.87

398,465,776

72.35

109,982

11. Re-elect Karen Thomson

394,499,972

99.00

4,000,878

1.00

398,500,850

72.35

74,908

12. Re-appoint Ernst & Young LLP as auditors

397,268,379

99.69

1,255,253

0.31

398,523,632

72.36

52,126

13. Authorise Audit Committee to determine auditors’ remuneration

397,313,593

99.71

1,175,417

0.29

398,489,010

72.35

86,748

14. Authorise political donations

397,440,099

99.73

1,061,313

0.27

398,501,412

72.35

74,346

15. Approve Restricted Share Plan

392,475,682

98.50

5,990,909

1.50

398,466,591

72.35

109,167

16. Authorise allotment of shares

394,903,756

99.09

3,612,951

0.91

398,516,707

72.36

59,051

17. General disapplication of pre-emption rights

398,133,474

99.92

310,783

0.08

398,444,257

72.34

131,501

18. Additional disapplication of pre-emption rights

398,047,016

99.90

388,039

0.10

398,435,055

72.34

140,703

19. Approve purchase of own shares

395,352,571

99.35

2,596,319

0.65

397,948,890

72.25

626,868

20. Approve notice period for general meetings

391,965,493

98.36

6,550,430

1.64

398,515,923

72.36

59,835

Notes:
The percentages of votes “For” and “Against” each resolution are expressed as a percentage of the total of the votes “For” and votes “Against” the resolution (together the “Total Votes”). 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.

The “Total votes as % of total voting rights” column shows the percentage that the Total Votes on that resolution represent of the total number of voting rights attached to shares in issue at the date of the AGM. The total number of voting rights attached to shares in issue at the date of the AGM excluding shares held in treasury was 550,778,551.

In accordance with the Financial Conduct Authorities Listing Rule 9.6.2, copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted today to the National Storage Mechanism ("NSM") and will shortly be available for inspection on the NSM's website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information, please contact:

Stagecoach Group plc www.stagecoach.com

Mike Vaux, Company Secretary 01738 442111