RNS Number : 1550ZClarkson PLC11 May 2023

CLARKSON PLC

("the Company" or "Clarksons")

11 May 2023

Results of 2023 Annual General Meeting

At the Annual General Meeting ("AGM") of the Company, held electronically by video webcast at 12 noon today, all resolutions were passed on a poll. The total number of votes received on each resolution was as follows:


Description

Votes for

% of votes cast

Votes against

% of votes cast

Votes cast as % of issued share capital

Votes withheld

1

Annual Report

22,821,250

99.89

24,351

0.11

74.52%

139,549

2

Directors' Remuneration Report

12,103,220

56.31

9,392,293

43.69

70.11%

1,489,637

3

Directors' Remuneration Policy

12,092,273

56.27

9,395,816

43.73

70.09%

1,497,061

4

Final dividend

22,952,765

100.00

844

0.00

74.87%

31,541

5

Re-elect Laurence Hollingworth

18,610,318

81.23

4,299,781

18.77

74.73%

75,051

6

Re-elect Andi Case

22,920,592

99.78

49,547

0.22

74.92%

15,011

7

Re-elect Jeff Woyda

22,811,559

99.31

158,983

0.69

74.92%

14,608

8

Re-elect Martine Bond

21,501,453

93.95

1,384,500

6.05

74.65%

99,197

9

Re-elect Sue Harris

22,679,205

99.10

206,778

0.90

74.65%

99,167

10

Re-elect Dr Tim Miller

15,050,410

65.79

7,826,430

34.21

74.62%

108,310

11

Re-elect Birger Nergaard

18,469,007

80.63

4,436,666

19.37

74.71%

79,477

12

Re-elect Heike Truol

22,668,442

99.05

217,511

0.95

74.65%

99,197

13

Reappoint PwC as Auditor of the Company

22,890,407

99.85

34,040

0.15

74.77%

60,703

14

Authority for the Board to determine the Auditor's remuneration

22,921,265

99.89

26,275

0.11

74.85%

37,610

15

Directors' authority to allot shares

22,618,753

98.55

331,831

1.45

74.86%

34,566

16

Political donations

22,519,202

98.80

272,710

1.20

74.34%

193,238

17

Long Term Incentive Plan

22,695,862

98.87

259,195

1.13

74.87%

30,093

18

Share Option Plan

22,459,713

97.78

510,021

2.22

74.92%

15,416

19

Disapply pre-emption rights*

22,846,502

99.82

41,132

0.18

74.65%

97,516

20

Purchase own shares*

22,851,634

99.91

20,793

0.09

74.60%

112,723

21

General meeting notice period*

22,569,204

98.37

374,818

1.63

74.84%

41,128

*Special resolution requiring 75% majority.

Notes:

1.   Any proxy appointments which give discretion to the Chair have been included in the "for" total.

2.   The total number of shares in issue is 30,658,953.

3.   A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" or "against" a resolution.

Statement regarding voting result

The Company notes that resolution 2 to approve the Directors' Remuneration Report; resolution 3 to approve the Directors' Remuneration Policy; and resolution 10 to approve the re-election of the Chair of the Remuneration Committee were passed with 56.31%, 56.27% and 65.79% support respectively. We appreciate the support from most of our shareholders and will continue our engagement over the year ahead.

Availability of documents

In accordance with Listing Rule 9.6.2R, copies of the resolutions (other than those comprising ordinary business) passed at the AGM will be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

In addition, copies of resolution 15 and resolutions 19 to 21 will be filed with Companies House.

For further details please contact:

Company enquiries:

Deborah Abrehart

Company Secretary

Tel: +44(0)20 7334 3185

Camarco:

Billy Clegg

Jennifer Renwick

Tel: +44(0)20 3757 4983 / 4994

About Clarkson PLC

Clarkson PLC is the world's leading provider of integrated services and investment banking capabilities to the shipping and offshore markets, facilitating global trade.

Founded in 1852, Clarksons offers its diverse and growing client base an unrivalled range of shipbroking services, sector research, on-hand logistical support and full investment banking capabilities in all key shipping and offshore sectors. Clarksons continues to drive innovation across its business, developing digital solutions which underpin the Group's unrivalled expertise and knowledge with leading technology.

The Group employs over 1,800 people in 56 different offices across its four divisions and is number one or two in all its market segments.

The Company has delivered 20 years of consecutive dividend growth. The highly cash-generative nature of the business, supported by a strong balance sheet, has enabled Clarksons to continue to invest to position the business to capitalise on opportunities in its markets.

Clarksons is listed on the main market of the London Stock Exchange under the ticker CKN and is a member of the FTSE 250 Index.

For more information, visit www.clarksons.com

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