Fresnillo PLC — AGM Information 2017

May 23, 2017

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 0202G

Fresnillo PLC

23 May 2017

Fresnillo Plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com

23 May 2017

Fresnillo plc - Result of AGM

The Board is pleased to announce that all of the resolutions put to shareholders at today's Annual General Meeting were passed by means of a poll, including the ordinary resolutions  (resolutions 1 to 19) and special resolutions (resolutions 20 to 23) as set out in  the Company's notice of AGM dated 18 April 2017. The votes cast for resolutions 10 to 16 relating to the re-election of the independent Directors were duly passed by both a majority of the votes cast by the independent shareholders as well as by a majority of votes cast by all shareholders. These votes have been calculated separately and are shown below (independent shareholder votes cast being marked **)   

The final voting figures are shown below.

Resolution	Total Votes Cast	For (*)		Against (*)		Withheld
Number	%	Number	%
1: Presentation of the accounts	704,022,427	704,022,327	100.00	100	0.00	15,101
2: To approve the final dividend	704,029,665	704,029,652	100.00	13	0.00	7,863
2: To approve the Directors' Remuneration Policy	703,993,627	703,105,882	99.87	887,745	0.13	43,901
4: To approve the Annual Report on Remuneration	703,993,627	703,000,692	99.86	992,935	0.14	43,901
5: To re-elect Mr Alberto Baillères	650,025,231	624,131,634	96.02	25,893,597	3.98	54,012,296
6: To re-elect Mr Juan Bordes	704,029,477	703,122,363	99.87	907,114	0.13	8,051
7: To re-elect Mr Arturo Fernández	704,029,477	695,762,447	98.83	8,267,030	1.17	8,051
8: To re-elect Mr Jaime Lomelín	704,029,477	703,439,451	99.92	590,026	0.08	8,051
9: To re-elect Mr Alejandro Baillères	704,029,477	703,126,021	99.87	903,456	0.13	8,051
10: To re-elect Mr Fernando Ruiz	686,287,191	666,862,463	97.17	19,424,728	2.83	17,750,335
(**)133,695,731	114,271,003	85.47	19,424,728	14.53	17,750,335
11: To re-elect Mr Charles Jacobs	704,022,338	703,420,244	99.91	602,094	0.09	15,189
(**)151,430,878	150,828,784	99.60	602,094	0.40	15,189
12: To re-elect Mr Guy Wilson	704,020,488	703,864,402	99.98	156,086	0.02	17,039
(**)151,429,028	151,272,942	99.90	156,086	0.10	17,039
13: To re-elect Ms Bárbara Garza Lagüera	704,029,377	696,936,687	98.99	7,092,690	1.01	8,151
(**)151,437,917	144,345,227	95.32	7,092,690	4.68	8,151
14. To re-elect Mr Jaime Serra	688,086,381	672,998,358	97.81	15,088,023	2.19	15,951,146
(**)135,494,921	120,406,898	88.86	15,088,023	11.14	15,951,146
15. To elect Mr Alberto Tiburcio	704,029,577	703,809,634	99.97	219,943	0.03	7,951
(**)151,438,117	151,218,174	99.85	219,943	0.15	7,951
16. To elect Dame Judith Macgregor	704,029,427	704,028,186	100.00	1,241	0.00	8,101
(**)151,437,967	151,436,726	100.00	1,241	0.00	8,101
17:To appoint the auditors	703,840,433	701,471,580	99.66	2,368,853	0.34	197,094
18: To allow the audit committee to determine the auditors remuneration	704,029,565	703,879,811	99.98	149,754	0.02	7,963
19: To give authority to Directors allot shares	704,028,956	704,016,722	100.00	12,234	0.00	8,572
20: To disapply pre-emption rights	703,922,816	703,910,644	100.00	12,172	0.00	114,712
21: To disapply pre-emption rights in in connection with an acquisition or other capital investment	704,022,615	700,942,114	99.56	3,080,501	0.44	14,912
22: To authorise purchase of own shares	703,776,264	701,162,135	99.63	2,614,129	0.37	261,263
23: Notice of general meetings	701,319,776	693,424,622	98.87	7,895,154	1.13	1,717,751

(*) = Includes discretionary votes

(**) =Votes cast by the independent shareholders

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 736,893,589 shares in issue. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll. The scrutineer of the poll was Equiniti Limited.

In accordance with Listing Rule 9.6.2, Fresnillo plc has submitted a copy of the resolutions dealing with the special business put to shareholders at the AGM today to the National Storage Mechanism, which will shortly be available for inspection at www.Hemscott.com/nsm.do

ENDS

For further information, please visit our website:  www.fresnilloplc.com or contact:

Fresnillo plc
London Gabriela Mayor, Head of Investor Relations Patrick Chambers	Tel: +44(0)20 7339 2470
Mexico Ana Belém Zárate	Tel: +52 55 52 79 3206
Bell Pottinger Liz Morley Marianna Bowes Aarti Iyer	Tel: +44(0)20 3772 2500

About Fresnillo plc

Fresnillo plc is the world's largest primary silver producer and Mexico's largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.

Fresnillo plc has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine), Herradura, Soledad-Dipolos1, Noche Buena and San Julián (phase 1), three development projects - San Julián (phase 2), the Pyrites plant, and second line of DLP at Herradura, and four advanced exploration projects - Orisyvo, Juanicipio, Las Casas Rosario & Cluster Cebollitas and Centauro Deep, as well as a number of other long term exploration prospects. In total, Fresnillo plc has mining concessions covering approximately 1.8 million hectares in Mexico.

Fresnillo plc has a strong and long tradition of mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver.

Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver per year by 2018, having already surpassed the gold target of 750,000 ounces.

1 Operations at Soledad and Dipolos are currently suspended.

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGBUGDUDSDBGRX