Result of AGM

Released : 24 May 2023 12:45

RNS Number : 5398AM&G PLC24 May 2023

M&G plc NEWS RELEASE

24 May 2023

M&G plc

ANNUAL GENERAL MEETING 2023 RESULTS

M&G plc (the 'Company') announces that Resolutions 1 to 17 (inclusive) being ordinary resolutions and Resolutions 18 to 21 (inclusive) being special resolutions, which were put to the Annual General Meeting of the Company held on 24 May 2023 at 10:00 ('AGM'), were duly passed and the results of the poll are as follows: 

RESOLUTION

VOTES FOR (including discretionary)

VOTES AGAINST

TOTAL VOTES CAST

VOTES WITHHELD

Number of votes

% of votes

Number of votes

% of votes

Total number of votes cast

% of voting share capital

1.     Report and Accounts

1,640,731,756

99.99

86,650

0.01

1,640,818,406

69.51%

970,247

2.     Directors' Remuneration Policy

1,368,489,460

96.46

50,232,635

3.54

1,418,722,095

60.10%

223,066,558

3.     Directors' Remuneration

1,398,832,259

98.60

19,904,706

1.40

1,418,736,965

60.10%

223,051,688

4.     To elect (Paolo) Andrea Rossi

1,640,684,461

99.95

863,141

0.05

1,641,547,602

69.54%

241,051

5.     To re-elect Clive Adamson

1,622,190,819

98.85

18,832,657

1.15

1,641,023,476

69.52%

765,177

6.     To re-elect Edward Braham

1,609,578,156

98.07

31,727,399

1.93

1,641,305,555

69.53%

476,412

7.     To re-elect Clare Chapman

1,393,786,693

98.00

28,379,309

2.00

1,422,166,002

60.25%

219,615,965

8.     [To re-elect Fiona Clutterbuck]*

WITHDRAWN


WITHDRAWN


WITHDRAWN



9.     To elect Kathryn McLeland

1,639,872,775

99.92

1,351,218

0.08

1,641,223,993

69.52%

557,974

10.  To elect Debasish (Dev) Sanyal

1,640,583,511

99.96

627,211

0.04

1,641,210,722

69.52%

571,245

11.  To re-elect Clare Thompson

1,403,233,868

98.68

18,723,723

1.32

1,421,957,591

60.24%

219,824,376

12.  To re-elect Massimo Tosato

1,421,146,297

99.93

1,012,584

0.07

1,422,158,881

60.24%

219,623,086

13.  To re-appoint PricewaterhouseCoopers as the auditor of the Company

1,634,746,714

99.58

6,862,132

0.42

1,641,608,846

69.54%

166,784

14.  Auditor's remuneration

1,641,262,468

99.98

327,804

0.02

1,641,590,272

69.54%

191,695

15.  Political donations

1,630,793,971

99.34

10,795,067

0.66

1,641,589,038

69.54%

192,929

16.  Authority to allot shares

1,397,597,354

85.14

243,971,104

14.86

1,641,568,458

69.54%

213,509

17.  Authority to allot Mandatory Convertible Securities ("MCS")

1,402,657,525

85.46

238,569,274

14.54

1,641,226,799

69.52%

555,168

18.  Authority to disapply pre-emption rights for ordinary shares

1,413,323,963

86.45

221,459,969

13.55

1,634,783,932

69.25%

6,989,084

19.  Authority to disapply pre-emption rights for MCS issuances

1,401,756,075

85.41

239,467,263

14.59

1,641,223,338

69.52%

558,634

20.  Authority to purchase own shares

1,415,456,176

86.23

226,077,315

13.77

1,641,533,491

69.54%

248,476

21.  Notice of general meetings

1,591,746,964

96.96

49,880,201

3.04

1,641,627,165

69.54%

154,552

* As announced by RNS on 21 April 2023, the Company confirms that the resolution to re-elect Fiona Clutterbuck as a Director of the Company (Resolution 8 of the Notice) is now withdrawn. The withdrawal of Resolution 8 did not otherwise affect the validity of the Notice, the proxy form or any proxy votes already submitted on other resolutions. The numbering of all other proposed resolutions at the Annual General Meeting remained unchanged.

There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM. Votes withheld are not votes in law and therefore have not been counted in the calculation of the proportion of the votes for and against a resolution.  

As at 18:30 (UK time) on 23 May 2023, the number of voting shares of the Company was 2,360,631,744 ordinary shares, which was the total number of shares entitling the holders to attend and vote 'for' or 'against' all the resolutions at the AGM. In accordance with the Company's Articles of Association, on a poll, every member present in person or by proxy has one vote for every share held.

Contact:

Alan Porter, Group General Counsel and Company Secretary - 020 8162 4064

George Bayer, Deputy Company Secretary - PLC & Governance - 020 8162 2655

LEI: 254900TWUJUQ44TQJY84

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