Easyjet PLC — AGM Information 2013

Feb 21, 2013

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RNS Number : 4111Y

easyJet PLC

21 February 2013

Result of AGM

easyJet plc Poll Results

Annual General Meeting 21 February 2013

easyJet announces that the Annual General Meeting of the Company was held earlier today.  All the resolutions were decided by poll. 

The results of the poll incorporating proxy votes lodged in advance of the meeting are set out below:

Resolution	Votes For	% For	Votes Against	% Against	Total Votes	Votes Withheld*
1.   To receive the annual report and accounts for the year ended 30 September 2012	185,369,832	99.91	162,423	0.09	185,532,355	145,998,532
2.   To approve the Directors' remuneration report for the year ended 30 September 2012	183,047,385	55.29	147,995,583	44.71	331,042,968	487,819
3.   To declare a final dividend	331,221,153	99.99	24,652	0.01	331,245,805	284,982
4.   To re‑elect Sir Michael Rake as a Director	183,758,225	55.62	146,627,828	44.38	330,386,053	1,144,734
5.   To re-elect Charles Gurassa as a Director	185,410,074	99.95	90,373	0.05	185,500,447	146,030,340
6.   To re‑elect Carolyn McCall as a Director	185,434,723	99.95	87,451	0.05	185,522,174	146,008,613
7.   To re‑elect Chris Kennedy as a Director	185,427,699	99.95	91,918	0.05	185,519,617	146,011,170
8.   To re-elect Adèle Anderson as a Director	185,256,707	99.87	250,092	0.13	185,506,799	146,023,988
9.   To re‑elect David Bennett as a Director	183,463,943	98.90	2,035,968	1.10	185,499,911	146,030,876
10.  To re‑elect John Browett as a Director	183,942,950	99.87	233,641	0.13	184,176,591	147,354,196
11.  To re‑elect Professor Rigas Doganis as a Director	185,412,796	99.95	89,544	0.05	185,502,340	146,028,447
12.  To re‑elect Keith Hamill as a Director	185,407,616	99.95	96,375	0.05	185,503,991	146,026,796
13.  To re-elect Andy Martin as a Director	185,399,834	99.95	101,908	0.05	185,501,742	146,029,045
14.  To re-appoint PricewaterhouseCoopers LLP as auditors of the Company	184,940,403	99.89	210,330	0.11	185,150,733	146,380,054
15.  To authorise the Directors to determine the auditors' remuneration	184,897,440	99.86	267,038	0.14	185,164,478	146,366,309
16.  To authorise the Company and its subsidiaries to make political donations and incur political expenditure	180,862,737	97.68	4,297,837	2.32	185,160,574	146,370,213
17.  To authorise the Directors to allot shares	184,041,961	55.62	146,834,657	44.38	330,876,618	654,169
18.  To disapply statutory pre-emption rights**	184,974,069	55.91	145,841,362	44.09	330,815,431	715,356
19.  To authorise the Company to purchase its own shares**	330,512,155	99.89	358,872	0.11	330,871,027	659,760
20.  To authorise the Company to call general meetings, other than annual general meetings, on not less than 14 clear days' notice**	178,126,072	53.83	152,751,073	46.17	330,877,145	653,642

*A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.

** Special Resolutions requiring a 75% majority

The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 396,275,201.

Speaking at the Company's Annual General Meeting in Luton today, Sir Michael Rake, Chairman of easyJet plc, said:

"It has been a real privilege to be Chairman of easyJet for the last three years. 

When I met with Sir Stelios in the Spring of 2009 to discuss taking on the chairmanship of the Company I was clear that we needed to amend the shareholder agreement, introduce a new brand agreement, bring in new management and refresh the Board, as well as, at the right moment, to commence dividend payments.

I was also very clear that, given the economic uncertainty at that time, we should move to a moderate from high growth strategy; something with which Stelios and I both agreed and both voted for in the Board meeting in June 2009 after I had joined the Board. 

This has created the basis for a spectacular return for the Company's shareholders as Carolyn and her management team have done an outstanding job in executing the Company's strategy, including utilising the flexibility given by the framework agreement with Airbus in 2002 to continue the very successful move towards A320 aircraft and the conversion of the 15 options in January 2011 both of which have contributed to the strong performance of the Company.

I would also personally like to pay particular tribute to the management, Board and the overwhelming majority of non-family concert party shareholders who have continuously supported the Board and management in the successful execution of our strategy in the interests of all our shareholders and indeed all of our stakeholders. This we will continue to do."

The results will also be made available on the Company's website: http://corporate.easyjet.com/

In accordance with LR 9.6.2, copies of the resolutions passed as special business have been forwarded to the FSA for publication through the Document Viewing Facility and will be accessible via the National Storage Mechanism website (www.hemscott.com/nsm.do).

The timetable in relation to the final dividend is as follows:

Shares marked ex-entitlement to the dividend	Wednesday 27 February 2013
Record date for entitlement to the dividend	5.00 p.m. on Friday, 1 March 2013
Payment of dividend	Friday, 22 March 2013

End

21 February 2013

For further details please contact easyJet plc:

Investor:

Rachel Kentleton, Investor Relations             +44 (0) 7961 754 468

Will MacLaren, Investor Relations                  +44 (0) 7961 763 879

Media:

Paul Moore, Corporate Communications       +44 (0) 1582 525 973

+44 (0) 7860 794 444

Edward Simpkins, RLM Finsbury                   +44 (0) 20 7251 3801

+44 (0) 7947 740 551

This information is provided by RNS

The company news service from the London Stock Exchange

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