IP Group PLC — AGM Information 2020

Jun 18, 2020

National Storage Mechanism | Additional information

RNS Number : 4117Q

IP Group PLC

18 June 2020

FOR RELEASE ON	# 18 June 2020

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

	RESOLUTION	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 2019.	846,534,076	99.99	49,738	0.01	846,583,814	79.69	9,845,767
2	To approve the Directors' Remuneration Report for the year ended 31 December 2019.	844,001,565	98.94	9,013,064	1.06	853,014,629	80.29	3,414,951
3	To re-appoint KPMG LLP as auditor of the Company.	852,929,651	99.99	89,206	0.01	853,018,857	80.30	3,410,724
4	To authorise the Directors to fix the remuneration of KPMG LLP as auditor of the Company.	856,343,440	99.99	66,006	0.01	856,409,446	80.61	20,135
5	To elect Dr Caroline Brown as a Director of the Company.	833,522,071	97.33	22,892,596	2.67	856,414,667	80.61	14,914
6	To elect Ms Aedhmar Hynes as a Director of the Company.	856,332,672	99.99	72,258	0.01	856,404,930	80.61	24,651
7	To re-elect Mr Alan Aubrey as a Director of the Company.	826,330,808	96.51	29,854,754	3.49	856,185,562	80.59	244,018
8	To re-elect Mr David Baynes as a Director of the Company.	853,453,714	99.65	2,960,953	0.35	856,414,667	80.61	14,914
9	To re-elect Professor David Begg as a Director of the Company.	856,347,394	99.99	80,733	0.01	856,428,127	80.62	1,454
10	To re-elect Mr Heejae Chae as Director of the Company.	847,514,245	99.81	1,584,789	0.19	849,099,034	79.93	7,330,547
11	To re-elect Sir Douglas Flint as a Director of the Company.	856,129,951	99.97	274,418	0.03	856,404,369	80.61	25,212
12	To re-elect Mr Greg Smith as a Director of the Company.	852,666,919	99.59	3,513,677	0.41	856,180,596	80.59	248,985
13	To re-elect Dr Elaine Sullivan as a Director of the Company.	856,325,503	99.99	79,427	0.01	856,404,930	80.61	24,651
14	To re-elect Mr Michael Townend as a Director of the Company	856,108,153	99.99	72,443	0.01	856,180,596	80.59	248,985
15	To authorise the Directors to exercise all the powers of the Company to allot shares / equity securities subject to the limits set out in the Annual General Meeting ("AGM") notice.	854,515,108	99.78	1,909,506	0.22	856,424,614	80.62	4,967
16	To empower the Directors  to allot equity securities for cash as if section 561(1) of the Companies Act 2006 ("Act") did not apply to any such allotment, subject to the limits set out in the AGM notice.	856,270,437	99.98	138,410	0.02	856,408,847	80.61	20,734
17	In addition to the authority granted under Resolution 16, to empower the Directors  to allot equity securities in connection with an acquisition or other capital investment as if section 561(1) of the Act did not apply to any such allotment, subject to the limits set out in the AGM notice.	852,786,203	99.58	3,620,400	0.42	856,406,603	80.61	22,977
18	To authorise the Company and its subsidiaries to incur political expenditure (as defined in section 365 of the Act) not exceeding £50,000 in total.	830,329,530	96.96	26,075,656	3.04	856,405,186	80.61	24,395
19	To authorise the Company to make market purchases (as defined in section 693(4) of the Act) of the Company's ordinary shares, subject to the limits set out in the AGM notice.	852,875,299	99.59	3,549,314	0.41	856,424,613	80.62	4,967
20	To enable a general meeting other than an Annual General Meeting to be called on not less than 14 clear days' notice.	851,830,488	99.46	4,584,269	0.54	856,414,757	80.61	14,824
21	To approve the rules of the IP Group Long Term Incentive Plan 2020 in the form produced to the AGM.	845,475,651	98.73	10,918,448	1.27	856,394,099	80.61	35,481

Ends

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