IP Group PLC — AGM Information 2018

Jun 18, 2018

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RNS Number : 7417R

IP Group PLC

18 June 2018

FOR RELEASE ON	# 18 June 2018

IP Group plc - Results of Annual General Meeting

The Annual General Meeting of IP Group plc was held earlier today. All of the resolutions proposed at the Annual General Meeting were passed by the appropriate majority on a poll.

In accordance with Listing Rule 9.6.1, a copy of the resolutions has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM.

IP Group plc Annual General Meeting Poll Results

		VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC VOTED	VOTES WITHHELD
1	To receive the Directors' Report, the Audited Statement of Accounts and Auditor's Report of the Company for the financial year ended 31 December 2017.	865,605,599	99.71	2,492,391	0.29	868,097,990	81.96%	18,618,057
2	To approve the Directors' Remuneration Report for the year ended 31 December 2017.	870,461,996	98.68	11,608,257	1.32	882,070,253	83.28%	4,645,794
3	To re-appoint KPMG LLP as auditor of the Company to hold office from the conclusion of this meeting until the conclusion of the next general meeting of the Company at which accounts are laid before the shareholders in accordance with theprovisions of the Companies Act 2006.	885,253,956	99.84	1,454,253	0.16	886,708,209	83.72%	7,839
4	That the Directors be authorised to fix the remuneration of KPMG LLP as auditor of the Company.	885,264,321	99.84	1,450,228	0.16	886,714,549	83.72%	1,499
5	To re-appoint Professor David Begg as a Director of the Company.	886,714,059	100.00	0	0.00	886,714,059	83.72%	1,989
6	To re-appoint Mr Heejae Chae as a Director of the Company.	886,653,621	99.99	51,104	0.01	886,704,725	83.72%	11,323
7	To re-elect Mr Alan Aubrey as a Director of the Company.	858,391,664	96.81	28,317,161	3.19	886,708,825	83.72%	7,221
8	To re-elect Mr David Baynes as a Director of the Company.	886,253,945	99.95	454,882	0.05	886,708,827	83.72%	7,221
9	To re-elect Mr Jonathan Brooks as a Director of the Company.	886,663,954	99.99	47,261	0.01	886,711,215	83.72%	4,833
10	To re-elect Professor Lynn Gladden as a Director of the Company.	886,664,143	99.99	49,251	0.01	886,713,394	83.72%	2,654
11	To re-elect Mr Mike Humphrey as a Director of the Company.	844,143,007	96.43	31,292,019	3.57	875,435,026	82.65%	11,281,020
12	To re-elect Mr Greg Smith as a Director of the Company.	882,722,896	99.55	3,985,931	0.45	886,708,827	83.72%	7,221
13	To re-elect Dr Elaine Sullivan as a Director of the Company.	881,984,377	99.47	4,724,449	0.53	886,708,826	83.72%	7,221
14	To re-elect Mr Michael Townend as a Director of the Company.	854,718,809	96.39	31,990,016	3.61	886,708,825	83.72%	7,221
15	That the Directors be and are hereby generally and unconditionally authorised for the purposes of section 551 of the Act to exercise all the powers of the Company to allot shares / equity securities subject to the limits set out in the AGM notice.	865,660,760	97.63	21,053,568	2.37	886,714,328	83.72%	1,720
16	That, subject to and conditional on the passing of Resolution 15, the Directors be and are hereby generally empowered pursuant to sections 570 and 573 of the Act to allot equity securities (as defined in section 560 of the Act), payment for which is to be wholly in cash as if section 561(1) of the Act did not apply to any such allotment.	886,655,775	99.99	57,223	0.01	886,712,998	83.72%	3,050
17	That, in accordance with section 366 of the Act, the Company and all companies that are subsidiaries of the Company at any time during the period for which this Resolution 17 has effect be and are hereby authorised to incur political expenditure (as defined in section 365 of the Act) not exceeding £50,000 in total during the period beginning with the date of the passing of this Resolution and ending at the conclusion of the Company's 2019 AGM.	885,987,206	99.92	727,677	0.08	886,714,883	83.72%	1,165
18	That the Company generally be authorised for the purposes of section 701 of the Act to make market purchases (as defined in section 693(4) of the Act) of the Company's ordinary shares on such terms and in such manner as the Directors may from time to time determine.	879,917,741	99.23	6,798,306	0.77	886,716,047	83.72%	0
19	That a general meeting other than an Annual General Meeting may be called on not less than 14 clear days' notice.	882,316,498	99.50	4,399,550	0.50	886,716,048	83.72%	0

Ends

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