The Company’s AGM was held today (30 April 2019) at the offices of Herbert Smith Freehills LLP in London and all resolutions proposed were passed on a poll.
For information, the following table shows the poll results for the Meeting. The total number of shares in issue (ISC) as at 26 April 2019 was 580,394,852. (Total voting rights: 580,394,852). The percentage figure shown in each column is the percentage of the total number of votes validly cast (under law) for each resolution (i.e. excludes votes withheld).
16. Hold general meetings at 14 clear days' notice*
416,068,455
85.54
70,344,747
14.46
486,413,202
83.81%
14,819
17. Disapply pre-emption rights*
479,643,441
98.61
6,750,879
1.39
486,394,320
83.80%
33,701
18. Disapply pre-emption rights for acquisition or capital investment*
468,553,031
96.33
17,838,575
3.67
486,391,606
83.80%
36,414
19. Authority to purchase own shares*
484,512,134
99.69
1,484,411
0.31
485,996,545
83.74%
431,475
20. Approve new Articles of Association
486,337,514
99.99
56,509
0.01
486,394,023
83.80%
33,998
* Resolutions 16 to 20 were passed as special resolutions.
In accordance with Listing Rule 9.6, copies of the resolutions, designated as being special business, passed at the AGM will be submitted to the National Storage Mechanism and will be available shortly for inspection at: www.morningstar.co.uk/uk/NSM
These voting results will also be available on the Company’s website at www.elementisplc.com/investors/agm-information later this afternoon.
Elementis plc is a United Kingdom-based specialty chemicals company. The Company is engaged in developing performance-driven additives that address unmet consumer and market needs. The Company operates through two segments: Performance Specialties, and Personal Care. The Performance Specialties segment consists of Coatings and Talc. The Coatings segment is engaged in the production of rheological modifiers and additives for decorative and industrial coatings. The Talc segment is engaged in the production and supply of talc for use in the plastics, coatings, technical ceramics and paper sectors. The Personal Care segment is engaged in the production of rheological modifiers and compounded products, including active ingredients for antiperspirant deodorants, for supply to personal care manufacturers. It also delivers crucial end product attributes across a range of industries, including cosmetics, coatings and long-life plastics.