Ashmore Group PLC

AGM Information • Oct 20, 2017

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RNS Number : 2427U

Ashmore Group PLC

20 October 2017

Ashmore Group plc (the "Company")

20 October 2017

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 re-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 2017	606,046,807	1,631,707	45,102	607,678,514	99.73%
2	To declare a final dividend for the year ended 30 June 2017 of 12.1 pence per Ordinary Share	607,723,616	0	0	607,723,616	100.00%
3	To re-elect Mark Coombs as a Director	607,152,845	570,271	500	607,723,116	99.91%
4	To re-elect Tom Shippey as a Director	606,813,548	909,568	500	607,723,116	99.85%
5	To re-elect Peter Gibbs as a Director (all shareholders)	582,837,874	23,276,909	1,608,833	606,114,783	96.16%
5	To re-elect Peter Gibbs as a Director  (independent shareholders)	301,462,952	23,276,909	1,608,833	324,739,861	92.83%
6	To re-elect Simon Fraser as a Director (all shareholders)	567,632,142	40,090,155	1,319	607,722,297	93.40%
6	To re-elect Simon Fraser as a Director (independent shareholders)	286,257,220	40,090,155	1,319	326,347,375	87.72%
7	To re-elect Dame Anne Pringle as a Director (all shareholders)	586,362,140	21,360,657	819	607,722,797	96.49%
7	To re-elect Dame Anne Pringle as a Director (independent shareholders)	304,987,218	21,360,657	819	326,347,875	93.45%
8	To re-elect David Bennett as a Director (all shareholders)	586,255,268	21,467,529	819	607,722,797	96.47%
8	To re-elect David Bennett as a Director (independent shareholders)	304,880,346	21,467,529	819	326,347,875	93.42%
9	To re- elect Clive Adamson as a Director (all shareholders)	607,144,026	578,771	819	607,722,797	99.90%
9	To re-elect Clive Adamson as a Director (independent shareholders)	325,769,104	578,771	819	326,347,875	99.82%
10	To approve the Remuneration policy	515,865,054	90,707,202	1,151,359	606,572,256	85.05%
11	To approve the Remuneration Report for the year ended 30 June 2017	518,697,947	86,426,020	2,509,648	605,123,967	85.72%
12	To re-appoint KPMG LLP as auditors	599,702,226	8,018,979	2,411	607,721,205	98.68%
13	To authorise the Directors to agree the remuneration of the auditors	607,049,714	673,402	500	607,723,116	99.89%
14	To authorise political donations and political expenditure	590,942,206	9,978,410	6,803,000	600,920,616	98.34%
15	To authorise the Directors to allot shares	601,105,905	6,615,811	1,900	607,721,716	98.91%
16	To authorise the dis-application of pre-emption rights  up to 35,368,623 shares**	607,683,668	32,448	7,500	607,716,116	99.99%
17	To authorise the dis-application of pre-emption rights  up to a further  35,368,623 shares**	600,188,983	7,527,133	7,500	607,716,116	98.76%
18	To authorise market purchases of shares**	606,217,930	1,505,186	500	607,723,116	99.75%
19	To approve the renewal of the waiver of the obligation under Rule 9 of the Takeover Code ***	225,110,634	98,721,270	2,516,790	323,831,904	69.51%
20	To reduce the notice period for general meetings other than an Annual General Meeting **	598,806,425	8,915,791	1,400	607,722,216	98.53%

*               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 19 as an interested party

As part of Ashmore's investor relations activities the Company regularly engages with its major shareholders on a range of matters. During the year, executive management from the Company, the Board Chairman and Chairman of the Remuneration Committee consulted with a number of its shareholders and proxy advisor bodies to discuss the business being proposed at the Company's AGM to gain a better understanding of reasons for shareholders voting against any particular resolution, (such as Resolution 19) . Ashmore remains committed to engaging with shareholders on issues of concern to ensure that its policies and practice are transparent, clear and understood in the context of Ashmore's business model and performance, in particular its proposals regarding remuneration policy and the Rule 9 waiver. The Board is kept fully 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.

Ashmore Group PLC's Legal Entity Identifier (LEI) is 549300U3L59WB4YI2X12

For further details, please contact:

Michael Perman

Group Company Secretary

Ashmore Group plc

61, Aldwych

London WC2B 4AE

(T) +44 (0)20 3077 6000

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The company news service from the London Stock Exchange

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