BROOKS MACDONALD GROUP PLC

AGM Information • Oct 28, 2021

National Storage Mechanism | Additional information

RNS Number : 6202Q

Brooks Macdonald Group PLC

28 October 2021

BROOKS MACDONALD GROUP PLC

(the "Company")

Result of Annual General Meeting ("AGM")

The Company's 2021 AGM was held today at 21 Lombard Street, London.  The Board is pleased to announce that all resolutions proposed at the meeting were passed on a poll.  The table below shows the total votes validly cast, being those votes for or against each resolution.  Total votes cast, including votes withheld, were over 13,592,801 Ordinary Shares, representing 83.96% of the Ordinary Shares in issue on 26 October 2021.

		For (see note 1)		Against (see note 1)		Votes withheld (see note 2)
		Votes	%	Votes	%	Votes
1	Receipt of the Annual Report and Accounts	13,568,620	100.00%	0	0.00%	24,181
2	Declaration of a final dividend	13,568,773	100.00%	0	0.00%	24,028
3	Approval of the Directors' remuneration report (advisory)	8,967,178	68.05%	4,209,698	31.95%	415,925
4	Re-election of Alan Carruthers as a Director	13,562,683	99.97%	4,604	0.03%	25,514
5	Election of Andrew Shepherd as a Director	13,567,287	100.00%	0	0.00%	25,514
6	Re-election of Ben Thorpe as a Director	13,567,287	100.00%	0	0.00%	25,514
7	Election of Lynsey Cross as a Director	13,567,287	100.00%	0	0.00%	25,514
8	Re-election of Richard Price as a Director	13,567,287	100.00%	0	0.00%	25,514
9	Re-election of John Linwood as a Director	13,227,479	97.49%	339,961	2.51%	25,361
10	Re-election of Dagmar Kershaw as a Director	13,567,287	100.00%	0	0.00%	25,514
11	Re-election of Robert Burgess as a Director	13,567,287	100.00%	0	0.00%	25,514
12	Re-appointment and remuneration of the Auditor	13,568,620	100.00%	153	0.00%	24,028
13	Political donations	12,837,810	94.61%	730,963	5.39%	24,028
14	Authority to allot new shares	13,212,924	97.49%	339,696	2.51%	40,181
15	Authority to disapply pre-emption rights	13,366,593	98.63%	186,027	1.37%	40,181
16	Additional authority to disapply pre-emption rights	13,366,593	98.63%	186,027	1.37%	40,181
17	Authority to purchase own shares	13,462,404	99.22%	106,369	0.78%	24,028
18	Notice periods for general meetings (other than AGM)	13,568,773	100.00%	0	0.00%	24,028

Notes

1.     Votes "For" and "Against" are expressed as a percentage of votes received. Any proxy appointments which gave the Chairman discretion have been included in the "For" total.

2.     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.

3.     Resolutions 1 to 14 were ordinary resolutions and resolutions 15 to 18 were special resolutions.

4.     The number of ordinary shares in issue as at 26 October 2021 was 16,189,188.

Resolution 3 (Approval of the Directors' remuneration report)

The Board notes that, while all resolutions were passed, a substantial minority of votes (31.95%) were cast against Resolution 3, the advisory resolution to approve the Directors' remuneration report.  The Remuneration Committee on behalf of the Board consults extensively with shareholders on remuneration and takes their feedback into consideration.  In accordance with the UK Corporate Governance Code 2018, the Remuneration Committee will continue to consult shareholders to understand the full reasons for the result and the Company will provide, within 6 months of the 2021 AGM, an update on views received from shareholders and any actions taken.

Enquiries to:

Brooks Macdonald Group plc Andrew Shepherd, CEO Ben Thorpe, Chief Financial Officer	www.brooksmacdonald.com 020 7659 3492
Peel Hunt LLP (Nominated Adviser and Broker) Andrew Buchanan / John Welch / Rishi Shah	020 7418 8900
FTI Consulting Laura Ewart / Katherine Bell	brooksmacdonald@fticonsulting.com 07711 387085 / 07976 870961

Notes to editors

Brooks Macdonald Group plc, through its various subsidiaries, provides leading investment management services in the UK and internationally. The Group, which was founded in 1991 and began trading on AIM in 2005, had discretionary Funds under Management of £16.8 billion as at 30 September 2021.

Brooks Macdonald offers a range of investment management services to private high net worth individuals, pension funds, institutions, charities and trusts. The Group also provides financial planning as well as international investment management, and acts as fund manager to a range of onshore and international funds.

The Group has thirteen offices across the UK and the Channel Islands including London, Cheltenham, East Anglia, Exeter, Hampshire, Leamington Spa, Leeds, Manchester, Tunbridge Wells, Scotland, Wales, Jersey and Guernsey.

LEI: 213800WRDF8LB8MIEX37

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