Informa PLC

AGM Information • Jun 3, 2021

National Storage Mechanism | Additional information

RNS Number : 7912A

Informa PLC

03 June 2021

Informa LEI: 5493006VM2LKUPSEDU20

Identification Code: GB00BMJ6DW54

Informa PLC Press Release 

3 June 2021

Results of Annual General Meeting

John Rishton confirmed as Chair

London: Informa PLC (the "Company") held its Annual General Meeting ("AGM") at 240 Blackfriars Road, London SE1 8BF earlier today.  All resolutions put to the AGM were voted on by way of a poll and the results of the poll are set out below.

	RESOLUTION	FOR1		AGAINST		TOTAL	WITHHELD2
		Votes	%	Votes	%	Votes	Votes
1	To re-elect John Rishton	1,157,916,981	93.66	78,344,567	6.34	1,236,261,548	64,327
2	To re-elect Stephen A Carter	1,234,714,892	99.87	1,562,692	0.13	1,236,277,584	48,291
3	To re-elect Stephen Davidson	660,670,882	53.44	575,589,774	46.56	1,236,260,656	65,219
4	To re-elect David Flaschen	1,222,588,379	98.89	13,681,576	1.11	1,236,269,955	55,920
5	To re-elect Mary McDowell	989,629,255	80.05	246,643,082	19.95	1,236,272,337	53,538
6	To elect Patrick Martell	1,233,434,773	99.77	2,835,110	0.23	1,236,269,883	55,992
7	To re-elect Helen Owers	966,092,289	78.15	270,179,832	21.85	1,236,272,121	53,754
8	To re-elect Gill Whitehead	1,226,201,546	99.36	7,929,884	0.64	1,234,131,430	2,194,445
9	To re-elect Gareth Wright	1,232,599,506	99.70	3,672,233	0.30	1,236,271,739	54,136
10	To receive the Annual Report and audited financial statements of the Company for the year ended 31 December 2020	1,235,734,534	100.00	3,446	0.00	1,235,737,980	587,895
11	To approve the Directors' Remuneration Report	468,963,296	38.26	756,720,147	61.74	1,225,683,443	10,642,276
12	To re-appoint Deloitte LLP as auditor of the Company until the conclusion of the next general meeting at which accounts are laid	1,190,964,166	96.33	45,325,994	3.67	1,236,290,160	35,715
13	To authorise the Audit Committee, for and on behalf of the Board, to determine the Auditor's remuneration	1,209,607,703	98.00	24,685,455	2.00	1,234,293,158	2,032,717
14	To authorise the Company to make limited political donations and political expenditure of not more than £30,000 in aggregate	1,220,765,829	98.78	15,020,319	1.22	1,235,786,148	539,316
15	To authorise the Directors to allot shares, up to a limited amount	1,105,058,596	89.39	131,215,256	10.61	1,236,273,852	52,023
16	To authorise the Directors to allot shares, and sell treasury shares for cash, without making a pre-emptive offer to shareholders3	1,224,263,558	99.18	10,098,720	0.82	1,234,362,278	1,963,597
17	To authorise the Directors to allot additional shares, and sell treasury shares for cash, without making a pre-emptive offer to shareholders in line with recommendations of the Pre-Emption Group3	1,174,399,762	95.14	59,981,310	4.86	1,234,381,072	1,944,803
18	To authorise the Company to purchase its own shares3	1,223,339,388	99.07	11,469,700	0.93	1,234,809,088	1,516,787
19	To authorise the calling of general meetings (other than an annual general meeting) on not less than 14 clear days' notice3	1,089,621,961	88.14	146,629,202	11.86	1,236,251,163	74,712

1         Where shareholders appointed the Chair as their proxy with discretion as to voting, their votes were cast in favour of the resolutions.

2         A vote withheld is not a vote in law and is not counted towards the votes cast 'For' or 'Against' a resolution.

3        Special Resolution (75% majority required).

The total voting rights of the Company as at 10.00pm on 1 June 2021 (the time by which shareholders wanting to vote at the AGM were required to be entered on the register) was 1,503,112,804 ordinary shares of 0.1p each.  The Company does not hold any shares in treasury.  Votes were cast in respect of 82.25% of the issued share capital.

In accordance with Listing Rule 9.6.2 copies of the resolutions passed at the AGM, other than resolutions constituting ordinary business, will shortly be available for inspection via the Financial Conduct Authority's Electronic Submission System at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

A copy of the poll results for the AGM will also shortly be available on the Informa website (www.informa.com/investors).

Remuneration Approach

As the AGM results indicate, a range of shareholders, for a range of specific, principled and technical reasons, have been unable to fully support the Company's chosen approach to remuneration, which we adopted through the COVID-19 pandemic. A majority of shareholders did support the introduction of the 2021-2023 Equity Revitalisation Plan in December, which is now effective and inflight, and a majority also supported the reappointment of the Remuneration Committee at this AGM, albeit at a variety of levels around and below the 80% threshold.

Consequently, the Company will initiate a new consultation with shareholders on its next approach to remuneration, including on a new Remuneration Policy to follow the 2021-2023 Equity Revitalisation Plan. This consultation will take place between now and the AGM in 2022, ensuring as many shareholders as possible are able to provide feedback and input on a future approach to remuneration that aligns as closely as possible with the balance of shareholder views.

Enquiries
Informa PLC Rupert Hopley, Group Company Secretary Richard Menzies-Gow, Director of Investor Relations	+44 (0)20 7017 5000

Informa PLC

Informa is a leading international Exhibitions, Events, Information Services and Scholarly Publishing Group. It helps commercial, professional and academic communities work smarter and make better decisions faster, through specialist content and intelligence, and opportunities to connect and learn. For more information, please visit www.informa.com.

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