Inchcape PLC

AGM Information • May 9, 2024

National Storage Mechanism | Additional information

RNS Number : 8400N

Inchcape PLC

09 May 2024

Inchcape plc

Result of Annual General Meeting

Inchcape plc (Company) announces that all resolutions proposed at the Annual General Meeting of the Company held at 11.00 a.m. today at the Royal Automobile Club, 89 Pall Mall, St. James's, London SW1Y 5HS were passed by way of a poll.

Details of the votes cast on all resolutions are set out below and will also be available on the Company's website: www.inchcape.com

In accordance with UK Listing Rule 9.6.2, copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism shortly and be available for inspection.

As previously announced, following the conclusion of today's Annual General Meeting, the following Board changes have now taken immediate effect:

·      Jerry Buhlmann succeeds Nigel Stein as Chairman of the Board. Jerry will step down from being a member of the Company's Audit Committee.

·      Alison Platt is appointed as Senior Independent Director of the Company.

·      Byron Grote succeeds Jane Kingston as Chair of the Company's Remuneration Committee.

·      Both Nigel Stein and Jane Kingston have retired from the Board.

Resolution		Votes For	% of votes cast	Votes Against	% of votes cast	Votes Total	% of Issued Capital	Votes Withheld
1	RECEIVE THE REPORT AND ACCOUNTS	354,446,081	100.00%	17,011	0.00%	354,463,092	85.82%	918,656
2	REMUNERATION REPORT	347,950,560	98.75%	4,396,635	1.25%	352,347,195	85.31%	3,034,553
3	DECLARE A FINAL DIVIDEND	355,379,748	100.00%	389	0.00%	355,380,137	86.05%	1,611
4	RE-ELECT NAYANTARA BALI	348,904,603	98.18%	6,463,806	1.82%	355,368,409	86.04%	13,339
5	RE-ELECT JERRY BUHLMANN	341,849,794	96.20%	13,518,149	3.80%	355,367,943	86.04%	13,805
6	RE-ELECT JUAN PABLO DEL RIO	348,600,171	98.10%	6,768,234	1.90%	355,368,405	86.04%	13,343
7	RE-ELECT BYRON GROTE	339,044,996	95.41%	16,322,813	4.59%	355,367,809	86.04%	13,939
8	RE-ELECT ALEX JENSEN	349,766,337	98.42%	5,599,995	1.58%	355,366,332	86.04%	15,416
9	RE-ELECT SARAH KUIJLAARS	351,876,691	99.02%	3,491,718	0.98%	355,368,409	86.04%	13,339
10	ELECT ADRIAN LEWIS	353,432,787	99.46%	1,932,668	0.54%	355,365,455	86.04%	16,293
11	ELECT ALISON PLATT	355,338,532	99.99%	25,067	0.01%	355,363,599	86.04%	18,149
12	ELECT STUART ROWLEY	355,007,901	99.90%	357,654	0.10%	355,365,555	86.04%	16,193
13	RE-ELECT DUNCAN TAIT	353,405,675	99.45%	1,962,670	0.55%	355,368,345	86.04%	13,403
14	RE-APPOINT DELOITTE AS AUDITOR	355,137,380	99.99%	29,814	0.01%	355,167,194	86.00%	214,048
15	AUDITOR REMUNERATION	355,358,342	100.00%	16,204	0.00%	355,374,546	86.05%	6,696
16	AUTHORITY TO ALLOT SECURITIES	354,280,284	99.69%	1,094,156	0.31%	355,374,440	86.05%	7,308
17	SAYE SHARE OPTION PLAN	353,584,289	99.50%	1,793,484	0.50%	355,377,773	86.05%	3,933
18	DISAPPLY PRE-EMPTION RIGHTS	354,611,165	99.79%	761,372	0.21%	355,372,537	86.05%	9,211
19	DISAPPLY PRE-EMPTION RIGHTS 2	354,598,764	99.78%	777,202	0.22%	355,375,966	86.05%	5,782
20	PURCHASE OWN SHARES	355,107,222	99.99%	44,941	0.01%	355,152,163	85.99%	229,585
21	MEETING NOTICE PERIODS	350,611,719	98.66%	4,769,139	1.34%	355,380,858	86.05%	890

Notes:

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

Resolutions 1 to 17 were ordinary resolutions, requiring over 50% of shareholders' votes to be cast in favour of the resolutions.

Resolutions 18 to 21 were special resolutions, requiring at least 75% of shareholders' votes to be cast in favour of the resolutions.

No other resolutions were put to the meeting.

The number of shares in issue as at the date of this announcement is 413,007,132.

Ends

About Inchcape

Inchcape is the leading global automotive distributor, with operations across six continents.

By combining our in-market expertise with our unique technology and advanced data analytics, we create innovative customer experiences that deliver outstanding performance for our partners - building stronger automotive brands and creating sustainable growth.

Our distribution platform connects the products of mobility company partners with customers, and our responsibilities span product planning and pricing, import and logistics, brand and marketing to operating digital sales, managing physical sales and aftermarket service channels.

Delivering for our partners, our customers and our people - so they can realise their ambitions in the new world of mobility.

The Group is headquartered in London and employs around 22,000 people globally.

www.inchcape.com

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