International Distributions Service

AGM Information • Sep 25, 2024

National Storage Mechanism | Additional information

RNS Number : 6680F

International Distribution Svcs PLC

25 September 2024

International Distribution Services plc

(Incorporated in England and Wales)

Company Number: 8680755

LSE Share Code: IDS

ISIN: GB00BDVZYZ77

LEI: 213800TCZZU84G8Z2M70

25 September 2024

Results of Annual General Meeting held on 25 September 2024

International Distribution Services plc (the " Company ") announces that at its Annual General Meeting (AGM) held earlier today, all the resolutions put to shareholders were passed by the requisite majorities. Resolutions 1 to 19 were passed as ordinary resolutions and Resolutions 20 to 23 were passed as special resolutions. The results of the polls, on which Equiniti, the Company's registrar, acted as scrutineer, are as follows:

	RESOLUTION	FOR	%	AGAINST	%	TOTAL	% OF ISSUED SHARE CAPITAL	WITHHELD
	ORDINARY RESOLUTION
1.	To receive the Company's audited accounts, together with the Strategic Report, Directors' Report and Auditors' Report on those accounts	578,683,342	99.90	604,678	0.10	579,288,020	60.45%	615,503
2.	To approve the Directors' Remuneration Report	567,676,871	97.95	11,881,146	2.05	579,558,017	60.48%	335,565
3.	To approve the Directors' Remuneration Policy	569,649,931	98.30	9,864,850	1.70	579,514,781	60.47%	346,241
4.	To approve the amendments to the rules of the International Distribution Services plc Long Term Incentive Plan	574,498,352	99.12	5,113,631	0.88	579,611,983	60.48%	293,903
5.	To approve a final dividend of 2 pence per share	579,032,672	99.88	705,572	0.12	579,738,244	60.50%	183,486
6.	To re-appoint Keith Williams	572,059,717	98.70	7,522,842	1.30	579,582,559	60.48%	308,385
7.	To re-appoint Martin Seidenberg	578,282,361	99.78	1,300,317	0.22	579,582,678	60.48%	311,035
8.	To re-appoint Michael Snape	578,187,440	99.76	1,368,757	0.24	579,556,197	60.48%	332,316
9.	To re-appoint Baroness Hogg	574,367,846	99.10	5,197,555	0.90	579,565,401	60.48%	327,767
10.	To re-appoint Maria da Cunha	574,361,714	99.10	5,203,640	0.90	579,565,354	60.48%	326,629
11.	To re-appoint Michael Findlay	574,405,771	99.11	5,159,792	0.89	579,565,563	60.48%	326,243
12.	To re-appoint Lynne Peacock	574,395,536	99.11	5,151,352	0.89	579,546,888	60.48%	340,171
13.	To re-appoint Shashi Verma	574,364,025	99.11	5,172,267	0.89	579,536,292	60.48%	346,580
14.	To re-appoint Jourik Hooghe	574,389,403	99.11	5,155,408	0.89	579,544,811	60.48%	330,283
15.	To re-appoint Ingrid Ebner	574,410,927	99.11	5,145,120	0.89	579,556,047	60.48%	326,344
16.	To re-appoint KPMG LLP as auditor of the Company	576,647,362	99.50	2,916,897	0.50	579,564,259	60.48%	326,346
17.	To authorise the Company's Audit and Risk Committee to determine the remuneration of the auditor	578,506,579	99.82	1,066,287	0.18	579,572,866	60.48%	315,846
18.	To authorise the Company and its subsidiaries to make political donations and incur political expenditure	572,452,663	98.76	7,207,344	1.24	579,660,007	60.49%	262,230
19.	To authorise the Directors to allot shares	572,515,523	98.78	7,097,347	1.22	579,612,870	60.48%	289,423
	SPECIAL RESOLUTION
20.	To empower the Directors to disapply pre-emption rights	572,494,538	98.79	6,988,680	1.21	579,483,218	60.47%	405,401
21.	To empower the Directors to disapply pre-emption rights for the purposes of acquisitions or specified capital investments	568,135,204	98.04	11,362,658	1.96	579,497,862	60.47%	386,642
22.	To authorise the Company to purchase its own shares	576,797,631	99.52	2,801,787	0.48	579,599,418	60.48%	319,584
23.	To authorise the Company to call general meetings on not less than 14 clear days' notice (other than annual general meetings)	571,259,019	98.55	8,409,769	1.45	579,668,788	60.49%	230,688

As at 6:30pm on Monday 23 September 2024, the number of issued shares in the Company was 958,293,475 ordinary shares. This was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. In accordance with the Company's articles of association, on a poll every member present in person or by proxy has one vote for every share held.

There were no restrictions on shareholders casting votes on any of the resolutions proposed at the AGM. Votes withheld are not votes in law. Therefore, they have not been counted in the calculation of the proportion of the votes for or against a resolution.

Pursuant to UK Listing Rule 9.6.2R, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today have been submitted to the National Storage Mechanism and will shortly be available to view at  https://data.fca.org.uk/#/nsm/nationalstoragemechanism

The AGM results are also available to view on the Company's website at www.internationaldistributionservices.com/en/investors/annual-general-meetings/

Enquiries:

Investor Relations

John Crosse

Email:  investorrelations@ids-plc.com

Media Relations 

Jenny Hall

Phone: 07776 993 036

Email: jenny.hall@royalmail.com

Greg Sage

Phone: 07483 421374

Royal Mail press office: press.office@royalmail.com

Company Secretary

Mark Amsden

Email: cosec@ids-plc.com    

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