Intertek Group PLC — AGM Information 2021

May 26, 2021

National Storage Mechanism | Additional information

RNS Number : 9040Z

Intertek Group PLC

26 May 2021

26 May 2021, London

Intertek Group plc - Summary of Annual General Meeting

The Annual General Meeting of Intertek Group plc was held earlier today. All resolutions were passed by the requisite majority on a poll.

The results of the voting on a poll are below:

		VOTES FOR	% VOTES CAST FOR1	VOTES AGAINST	% VOTES CAST AGAINST1	TOTAL VOTES VALIDLY CAST2	% ISSUED SHARE CAPITAL3	VOTES WITHHELD2
1.	To receive the Annual Report and Accounts for the year ended 31 December 2020.	134,680,186	99.99	10,907	0.01	134,691,093	83.46	1,036,380
2.	To approve the Directors' Remuneration Policy.	91,627,222	68.74	41,668,760	31.26	133,295,982	82.59	2,431,490
3.	To approve the Directors' Remuneration Report.	131,735,955	97.55	3,306,803	2.45	135,042,758	83.67	684,715
4.	To approve the payment of a final dividend of 71.6p per ordinary share.	135,133,408	99.58	572,098	0.42	135,705,506	84.08	21,967
5.	To elect Lynda Clarizio as a Director.	135,290,071	99.94	81,367	0.06	135,371,438	83.88	356,035
6.	To elect Tamara Ingram as a Director.	135,366,099	100.00	5,339	0.00	135,371,438	83.88	356,035
7.	To elect Jonathan Timmis as a Director.	135,321,055	99.72	383,052	0.28	135,704,107	84.08	23,366
8.	To re-elect Andrew Martin as a Director.	134,693,060	99.50	678,378	0.50	135,371,438	83.88	356,035
9.	To re-elect André Lacroix as a Director.	135,670,068	99.97	34,039	0.03	135,704,107	84.08	23,366
10.	To re-elect Graham Allan as a Director.	135,212,206	99.88	159,232	0.12	135,371,438	83.88	356,035
11.	To re-elect Gurnek Bains as a Director.	135,259,015	99.92	112,423	0.08	135,371,438	83.88	356,035
12.	To re-elect Dame Louise Makin as a Director.	135,272,379	99.93	98,705	0.07	135,371,084	83.88	356,389
13.	To re-elect Gill Rider as a Director.	130,502,152	96.40	4,869,286	3.60	135,371,438	83.88	369,035
14.	To re-elect Jean-Michel Valette as a Director.	134,745,067	99.54	626,017	0.46	135,371,084	83.88	370,389
15.	To reappoint PricewaterhouseCoopers LLP as Auditor of the Company.	135,361,936	99.75	343,341	0.25	135,705,277	84.08	22,196
16.	To authorise the Audit Committee to determine the remuneration of the Auditor.	135,697,255	100.00	455	0.00	135,697,710	84.08	29,763
17.	To authorise the Directors to allot Relevant Securities.	118,558,842	87.37	17,138,033	12.63	135,696,875	84.08	30,597
18.	To authorise UK political donations and expenditure.	129,028,287	95.32	6,332,009	4.68	135,360,296	83.87	367,177
19.	To disapply pre-emption rights.	128,522,993	94.78	7,074,218	5.22	135,597,211	84.02	130,261
20.	To disapply pre-emption rights in relation to an acquisition or capital investment.	129,487,414	95.49	6,108,997	4.51	135,596,411	84.02	131,061
21.	To authorise the Company to buy back its own shares.	134,133,898	98.97	1,395,779	1.03	135,529,677	83.97	197,796
22.	To authorise the Company to hold general meetings (other than AGMs) on 14 clear days' notice.	124,859,116	92.05	10,786,057	7.95	135,645,173	84.05	82,300
23.	To Amend the Articles of Association.	135,646,302	100.00	819	0.00	135,647,121	84.05	80,352

All resolutions were duly passed, and we would like to take this opportunity to thank our shareholders for their ongoing support. In relation to Resolution 2, the Board welcomes the majority support for our new Directors' Remuneration Policy but acknowledges that there were a significant number of votes opposing the resolution. 

The Board is committed to maintaining ongoing, open dialogue with our shareholders.  In 2020 we engaged with a number of our shareholders to fully understand their concerns following the vote on the Remuneration Policy at the 2020 AGM. Based on the feedback received and the performance of the Group, changes were proposed to the Remuneration Policy.  

However, we recognise that further engagement with our shareholders is required and we plan to do this in the coming months. We will publish an update on that engagement within six months of the AGM.

Notes:

1.   The percentages above are rounded to two decimal places.

2.   A vote withheld is not a vote under English law and is not counted in the calculation of votes "for" and "against" a resolution.

3.   The number of ordinary shares in issue at 6.30 p.m. on 24 May 2021 was 161,393,127 of which the Total Voting Rights figure was 161,393,127.

4.   In accordance with the requirements of Listing Rule 9.6.2, Intertek Group plc has submitted to the National Storage Mechanism a copy of the resolutions (other than those relating to ordinary business) passed at the Annual General Meeting of Intertek Group plc held today. These will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

-ends-

Contact:

Fiona Evans, Group Company Secretary - Telephone: +44 (0) 20 7396 3400

fiona.evans@intertek.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGUNSRRAOUVUAR