Auto Trader Group PLC — AGM Information 2023

Sep 14, 2023

National Storage Mechanism | Additional information

RNS Number : 4930M

Auto Trader Group plc

14 September 2023

Auto Trader Group plc Result of Annual General Meeting

Auto Trader Group plc (LSE: AUTO, "Auto Trader" or the "Company"), the UK's largest digital automotive marketplace, announces the results of the Company's Annual General Meeting ("AGM") held on 14 September 2023. 

Each of the resolutions were voted on by way of a poll, and the result of each resolution is shown below. All resolutions were passed.

The total number of shares on the register at 6pm on 12 September 2023, therefore those being eligible to be voted on at the AGM, was 916,535,082 (excluding treasury shares).

	For*		Against			Total votes cast	% of ISC	Votes withheld***
Resolution	No. of votes	%**	No. of votes	%**		No. of votes	%	No. of votes
1.   To receive the Annual Report and Accounts of the Company for the financial year ended 31 March 2023	726,409,696	100.00	0	0.00		726,409,696	79.26%	10,098,655
2.   To approve the Directors' Remuneration Report	706,110,308	95.91	30,101,147	4.09		736,211,455	80.33%	296,896
3.   To declare a final dividend of 5.6 pence per ordinary share for the year ended 31 March 2023	736,497,779	100.00	0	0.00		736,497,779	80.36%	10,572
4.   To elect Matt Davies as a Director	715,865,980	97.20	20,614,523	2.80		736,480,503	80.35%	27,848
5.   To re-elect Nathan Coe as a Director	736,312,872	99.98	167,631	0.02		736,480,503	80.35%	27,848
6.   To re-elect David Keens as a Director	725,326,131	98.49	11,140,806	1.51		736,466,937	80.35%	41,414
7.   To re-elect Jill Easterbrook as a Director	721,056,959	97.91	15,422,152		2.09	736,479,111	80.35%	29,240
8.   To re-elect Jeni Mundy as a Director	715,365,760	98.42	11,503,155	1.58		726,868,915	79.31%	9,639,436
9.   To re-elect Catherine Faiers as a Director	736,304,244	99.98	176,259	0.02		736,480,503	80.35%	27,848
10. To re-elect Jamie Warner as a Director	735,605,412	99.88	875,091	0.12		736,480,503	80.35%	27,848
11. To re-elect Sigga Sigurdardottir as a Director	724,972,695	98.44	11,506,416	1.56		736,479,111	80.35%	29,240
12. To re-elect Jasvinder Gakhal as a Director	724,974,695	98.44	11,504,416	1.56		736,479,111	80.35%	29,240
13. To re-appoint KPMG LLP as auditors of the Company	726,673,087	98.67	9,757,930	1.33		736,431,017	80.35%	77,334
14. To authorise the Board to determine the auditors' remuneration	736,346,756	99.98	144,534	0.02		736,491,290	80.36%	17,061
15. To authorise the Directors to allot shares ****	716,812,742	97.33	19,682,760	2.67		736,495,502	80.36%	12,849
16. To authorise the partial disapplication of pre-emption rights****	702,443,314	95.38	34,034,514	4.62		736,477,828	80.35%	30,523
17. To authorise the partial disapplication of pre-emption rights in connection with an acquisition or investment****	617,758,912	84.02	117,514,692	15.98		735,273,604	80.22%	1,234,747
18. To authorise the Company to purchase its own shares****	726,792,281	98.69	9,642,683	1.31		736,434,964	80.35%	73,387
19. To authorise the Company to call general meetings on not less than 14 clear days' notice****	700,915,864	95.17	35,579,763	4.83		736,495,627	80.36%	12,724

NOTES:

* The "For" votes include those giving the Chairman discretion.

** Votes "For" and "Against" are expressed as a percentage of votes received.

***A vote "withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" the resolution.   

****Denotes Special Resolutions

The full text of the resolutions can be found in the Notice of Annual of General Meeting, which is available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and also on the Company's website at https://plc.autotrader.co.uk

A copy of the resolutions passed under special business (as defined by the listing rules of the UK Listing Authority) will shortly be submitted to the National Storage Mechanism for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Auto Trader Group plc Claire Baty, Company Secretary	0345 111 0006
Powerscourt autotrader@powerscourt-group.com	+44 (0)20 7250 1446

About Auto Trader

Auto Trader Group plc is the UK's largest automotive marketplace. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.

Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.

With the largest number of car buyers and the largest choice of trusted stock, Auto Trader's marketplace sits at the heart of the UK car buying process. That marketplace is built on an industry-leading technology and data platform, which is increasingly used across the automotive industry. Auto Trader is continuing to bring more of the car buying journey online, creating an improved buying experience, whilst enabling all its retailer partners to sell vehicles online.

Auto Trader publishes a monthly used car Retail Price Index which is based on pricing analysis of circa 800,000 unique vehicles. This data is used by the Bank of England to feed the broader UK economic indicators.

For more information, please visit: https://plc.autotrader.co.uk/

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