Ashmore Group PLC

AGM Information • Oct 21, 2016

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RNS Number : 2176N

Ashmore Group PLC

21 October 2016

Ashmore Group plc (the "Company")

21 October 2016

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 2016	589,251,554	3,258,950	35,921	592,510,504	99.45
2	To declare a final dividend for the year ended 30 June 2016 of 12.1 pence per Ordinary Share	592,528,164	750	17,511	592,528,914	100.00
3	To re-elect Mark Coombs as a Director	592,369,844	158,570	18,011	592,528,414	99.97
4	To re-elect Tom Shippey as a Director	592,185,244	343,170	18,011	592,528,414	99.94
5	To re-elect Peter Gibbs as a Director (all shareholders)	587,449,478	1,995,736	3,101,211	589,445,214	99.66
5	To re-elect Peter Gibbs as a Director  (independent shareholders)	303,079,178	1,995,736	3,101,211	305,074,914	99.35
6	To re-elect Simon Fraser as a Director (all shareholders)	579,725,877	12,617,937	202,611	592,343,814	97.87
6	To re-elect Simon Fraser as a Director (independent shareholders)	295,355,577	12,617,937	202,611	307,973,514	95.90
7	To re-elect Dame Anne Pringle as a Director (all shareholders)	592,308,830	219,584	18,011	592,528,414	99.96
7	7. To re-elect Dame Anne Pringle as a Director (independent shareholders)	307,938,530	219,584	18,011	308,158,114	99.93
8	To re-elect David Bennett as a Director (all shareholders)	592,148,830	380,770	18.011	592,529,600	99.94
8	To re-elect David Bennett as a Director (independent shareholders)	307,778,530	380,770	18,011	308,159,300	99.88
9	To elect Clive Adamson as a Director (all shareholders)	592,370,341	158,573	17,511	592,528,914	99.97
9	To elect Clive Adamson as a Director (independent shareholders)	308,000,041	158,573	17,511	308,158,614	99.95
10	To approve the Remuneration Report for the year ended 30 June 2016	515,559,732	75,621,253	1,364,253	591,180,985	87.21
11	To re-appoint KPMG LLP as auditors	589,498,122	2,622,699	425,604	592,120,821	99.56
12	To authorise the Directors to agree the remuneration of the auditors	592,243,852	277,703	24,870	592,521,555	99.95
13	To authorise political donations and political expenditure	582,665,274	9,846,366	34,785	592,511,640	98.34
14	To authorise the Directors to allot shares	585,994,057	6,529,595	22,773	592,523,652	98.90
15	To authorise the dis-application of pre-emption rights  up to 35,368,623 shares**	592,413,630	110,425	22,370	592,524,055	99.98
16	To authorise the dis-application of pre-emption rights  up to a further  35,368,623 shares**	584,679,465	7,844,187	22,773	592,523,652	98.68
17	To authorise market purchases of shares**	590,475,712	2,048,702	22,011	592,524,414	99.65
18	To approve the renewal of the waiver of the obligation under Rule 9 of the Takeover Code ***	195,475,659	111,334,115	285,736,650	306,809,774	63.71
19	To reduce the notice period for general meetings other than an Annual General Meeting	578,857,830	13,671,084	17,511	592,528,914	97.69

*               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 18 as an interested party

With effect from the conclusion of the annual general meeting, Nick Land has retired from

the Board.

In keeping with best practice, the Company regularly engages with its major shareholders on a range of matters. The Company consults with a number of shareholders and proxy advisor bodies to discuss the business being proposed at the Company's AGM to understand the reasons for shareholders voting against any particular resolution, (such as Resolution 18) and remains committed to engaging with shareholders on any issues of concern to ensure that its policies and practice are transparent and clear in the context of its business model and performance. 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 6000

END

This information is provided by RNS

The company news service from the London Stock Exchange

END

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