Ashmore Group PLC

AGM Information • Oct 22, 2015

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RNS Number : 1666D

Ashmore Group PLC

22 October 2015

Ashmore Group plc (the "Company")

22 October 2015

Results of Annual General Meeting ("AGM")

The board of Ashmore Group plc (the "Board"), is pleased to announce that at the AGM of the Company held earlier today all resolutions were duly passed on a poll. All of the resolutions are accordingly declared as carried. Resolutions 5, 6, 7, 8 and 9, relating to the election of Independent Non-executive Directors, are carried by a majority of votes cast by both Independent Shareholders as well as by a majority of votes cast by all Shareholders.

The results of the poll on each resolution were as follows:

	FOR	AGAINST	ABSTAIN*	TOTAL VOTE	% age of total Votes in Favour
Resolution Number	No. of Votes	No. of Votes	No. of Votes
1. To receive and adopt the Report and Accounts for the year ended 30 June 2015	542,747,699	801	75,599	542,748,500	100.00%
2.  To declare a final dividend for the year ended 30 June 2015 of 12.1 pence per Ordinary Share	542,763,583	0	60,516	542,763,583	100.00%
3.  To re-elect Mark Coombs as a Director	542,743,834	18,223	62,042	542,762,057	100.00%
4.  To re-elect Tom Shippey as a Director	542,743,834	18,223	62,042	542,762,057	100.00%
5.  To re-elect Nick Land as a Director (all shareholders)	542,653,520	108,537	62,042	542,762,057	99.98%
5.To re-elect Nick Land as a Director  (independent shareholders)	255,770,629	108,537	62,042	255,879,166	99.96%
6.  To re-elect Simon Fraser as a Director (all shareholders)	542,481,511	280,546	62,042	542,762,057	99.95%
6.  To re-elect Simon Fraser as a Director (independent shareholders)	255,598,620	280,546	62,042	255,879,166	99.89%
7.  To re-elect Dame Anne Pringle as a Director (all shareholders)	542,726,183	33,874	64,042	542,760,057	99.99%
7. To re-elect Dame Anne Pringle as a Director (independent shareholders)	255,843,292	33,874	64,042	255,877,166	99.99%
8.  To elect David Bennett as a Director (all shareholders)	542,740,079	21,978	62,042	542,762,057	100.00%
8. To elect David Bennett as a Director (independent shareholders)	255,857,188	21,978	62,042	255,879,166	99.99%
9.  To elect Peter Gibbs as a Director (all shareholders)	542,735,783	26,274	62,042	542,762,057	100.00%
9. To elect Peter Gibbs as a Director (independent shareholders)	255,852,892	26,274	62,042	255,879,166	99.99%
10. To approve the Remuneration Report for the year ended 30 June 2015	483,099,146	55,485,785	4,239,168	538,584,931	89.70%
11.  To re-appoint KPMG LLP as auditors	539,833,388	2,928,220	62,491	542,761,608	99.46%
12.  To authorise the Directors to agree the remuneration of the auditors	542,734,649	28,511	60,939	542,763,160	99.99%
13.  To authorise political donations and political expenditure	541,979,616	766,646	77,837	542,746,262	99.86%
14. To authorise the Directors to allot shares	542,693,954	65,958	64,187	542,759,912	99.99%
15.  To authorise the dis-application of pre-emption rights **	540,477,520	2,276,495	70,084	542,754,015	99.58%
16.  To authorise market purchases of shares**	542,754,657	3,323	66,119	542,757,980	100.00%
17.  To approve the renewal of the waiver of the obligation under Rule 9 of the Takeover Code ***	182,997,870	67,925,570	291,900,659	250,923,440	72.93%
18.  To reduce the notice period for general meetings other than an Annual General Meeting**	536,509,336	3,431,198	2,883,565	539,940,534	99.36%
19.  To approve the adoption of the Ashmore Executive Omnibus Plan 2015	463,504,577	59,451,444	19,868,078	522,956,021	88.63%

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

**           Indicates Special Resolutions requiring a 75% majority

***         Mark Coombs has not voted on Resolution 17 as an interested party

With effect from the conclusion of the annual general meeting:

1.    Michael Benson has retired from the Board and Peter Gibbs has been appointed Chairman

2.    Simon Fraser has been appointed as the Senior Independent Director

3.    The following are the memberships of the Ashmore Board Committees

Audit and Risk	Remuneration	Nominations
David Bennett (Chairman)	Simon Fraser (Chairman)	Peter Gibbs (Chairman)
Simon Fraser	Peter Gibbs	Simon Fraser
Dame Anne Pringle	Dame Anne Pringle	David Bennett
	David Bennett

In keeping with best practice, Ashmore regularly engages with its major shareholders on a range of matters. Prior to the AGM the Company consulted with a number of shareholders and proxy advisor bodies to discuss the business being proposed at the Company's AGM, and to understand the reasons for shareholders voting against any particular resolution, such as Resolution 17. The Board is kept informed of, and assesses any shareholder feedback relating to such matters.

The above summary of proxy votes will shortly be available on the Company's website, www.ashmoregroup.com.

For further details, please contact:

Michael Perman

Company Secretary

Ashmore Group plc

61, Aldwych

London WC2B 4AE

(T) +44 (0)20 3077 6190

(F) +44 (0)20 3077 6001

(E) michael.perman@ashmoregroup.com

END

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The company news service from the London Stock Exchange

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