Result of AGM

Released : 29/06/2023

RNS Number : 4461EMorgan Advanced Materials PLC29 June 2023

Morgan Advanced Materials plc (the "Company")

RESULTS OF ANNUAL GENERAL MEETING

The Company confirms that all resolutions set out in the notice of its 2023 Annual General Meeting were duly passed by the requisite number of shareholders on a poll, at the meeting held on 29 June 2023. 

The poll results of each resolution are set out below. The number of the Company's Ordinary shares carrying the right to vote at the meeting was 285,369,988.
Each share carried one vote.

Resolution

Votes For

(see note 1)

Votes Against

(see note 1)

Votes Withheld

(see note 2)

Total Votes Cast

(excl. withheld votes)

% of total issued share capital voted(excl. withheld votes)

Number of shares

% of total voted

Number of shares

% of total voted

1.    To receive the audited accounts and the Auditor's and Directors' Reports for the year ended 31 December 2022

238,823,846

100.00%

4,475

0.00%

189,575

238,828,321

83.69

2.    To approve the Directors' Remuneration Report

234,867,882

98.30%

4,064,024

1.70%

85,987

238,931,906

83.73

3.   To approve the final dividend

238,997,000

100.00%

1,405

0.00%

19,491

238,998,405

83.75

4.   To re-elect Jane Aikman as a Director

237,238,824

99.27%

1,755,660

0.73%

23,412

238,994,484

83.75

5.   To elect Richard Armitage as a Director

238,195,449

99.67%

799,035

0.33%

23,412

238,994,484

83.75

6.   To re-elect Helen Bunch as a Director

236,113,303

98.80%

2,871,181

1.20%

33,412

238,984,484

83.75

7.  To elect Ian Marchant as a Director

238,812,844

99.92%

180,530

0.08%

24,522

238,993,374

83.75

8.  To re-elect Laurence Mulliez as a Director

237,037,675

99.18%

1,956,809

0.82%

23,412

238,994,484

83.75

9.   To re-electPete Rabyas a Director

238,779,628

99.91%

214,856

0.09%

23,412

238,994,484

83.75

10.To re-elect Clement Woon as a Director

237,093,268

99.20%

1,901,216

0.80%

23,412

238,994,484

83.75

11.To re-appoint Deloitte LLP as Auditor of the Company

238,688,437

99.94%

148,775

0.06%

180,684

238,837,212

83.69

12.To authorise the Audit Committee of the Board of Directors to determine the Auditor's remuneration

238,977,572

99.99%

33,322

0.01%

7,002

239,010,894

83.75

13.   To authorise the Company and its subsidiaries to make political donations and incur political expenditure

235,999,781

98.75%

2,999,299

1.25%

18,816

238,999,080

83.75

14.   To authorise the Directors to allot shares

231,272,013

96.76%

7,737,059

3.24%

8,824

239,009,072

83.75

15.* To empower the Directors to generally disapply pre-emption rights up to a specified limit

238,333,803

99.72%

674,517

0.28%

9,576

239,008,320

83.75

16.* To empower the Directors to disapply pre-emption rights in connection with acquisitions or capital investments up to a specified limit

236,048,066

98.76%

2,966,199

1.24%

3,631

239,014,265

83.76

17.* To authorise the Company to purchase its own Ordinary shares up to the specified limit

237,993,450

99.58%

1,000,506

0.42%

23,940

238,993,956

83.75

18.* To enable the Company to convene a general meeting (other than AGMs) on at least 14 days' notice  

233,447,438

97.67%

5,567,937

2.33%

2,521

239,015,375

83.76

In accordance with Listing Rule 9.6.2, copies of the resolutions passed by Morgan Advanced Materials plc shareholders concerning items other than ordinary business have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstorage

Board Changes

Further to the announcement on 18 January 2023, the Company confirms that Douglas Caster has retired as Chair and Non-executive Director and that Ian Marchant has taken over as Chair following the conclusion of the AGM today.

Notes:

1.     Votes "for" and "against" are expressed as a percentage of votes received. Votes "for" include those at the Chairman's discretion.

2.     Votes "withheld" are not votes in law and, therefore, have not been included in the calculation of the proportion of votes "for" or "against" a resolution.

*     Indicates special resolution.

Enquiries:  Win Chime, Company Secretary

Email: [email protected]

Legal Entity Identifier: I4K14LL95N2PHDL7EG85

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