IP Group PLC — AGM Information 2021

Jun 9, 2021

National Storage Mechanism | Additional information

RNS Number : 3405B

IP Group PLC

09 June 2021

FOR RELEASE ON	# 09 June 2021

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: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

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 2020.	773,009,380	99.99	5,743	0.01	783,347,732	73.74	10,332,609
2	To approve the Directors' Remuneration Report for the year ended 31 December 2020.	760,157,189	97.72	17,765,700	2.28	783,347,732	73.74	5,424,843
3	To declare a final dividend of £0.01 per share of the Company for the year ended 31 December 2020.	782,604,678	99.91	722,435	0.09	783,347,732	73.74	20,619
4	To authorise the directors to offer the holders of shares of the Company the right to elect (in whole or part) to receive new shares instead of cash and to allot new shares.	783,232,354	99.99	89,330	0.01	783,347,732	73.74	26,048
5	To re-appoint KPMG LLP as auditor of the Company.	777,776,918	99.30	5,512,116	0.70	783,347,732	73.74	58,698
6	To authorise the Directors to fix the remuneration of KPMG LLP as auditor of the Company.	783,202,923	99.99	89,121	0.01	783,347,732	73.74	55,688
7	To re-elect Mr Alan Aubrey as a Director of the Company.	754,243,537	96.29	29,047,564	3.71	783,347,732	73.74	56,631
8	To re-elect Mr David Baynes as a Director of the Company.	748,839,601	95.60	34,449,645	4.40	783,347,732	73.74	58,486
9	To re-elect Dr Caroline Brown as a Director of the Company.	781,329,627	99.75	1,950,032	0.25	783,347,732	73.74	68,073
10	To re-elect Mr Heejae Chae as Director of the Company.	772,138,771	98.58	11,151,337	1.42	783,347,732	73.74	57,624
11	To re-elect Sir Douglas Flint as a Director of the Company.	781,411,807	99.76	1,895,400	0.24	783,347,732	73.74	40,525
12	To re-elect Ms Aedhmar Hynes as a Director of the Company.	782,021,078	99.84	1,270,886	0.16	783,347,732	73.74	55,768
13	To re-elect Mr Greg Smith as a Director of the Company.	776,301,890	99.11	6,994,315	0.89	783,347,732	73.74	51,527
14	To re-elect Dr Elaine Sullivan as a Director of the Company.	782,050,905	99.84	1,247,164	0.16	783,347,732	73.74	49,663
15	To re-elect Mr Michael Townend as a Director of the Company.	756,659,160	96.60	26,638,047	3.40	783,347,732	73.74	50,525
16	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.	776,802,655	99.17	6,510,012	0.83	783,347,732	73.74	35,065
17	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.	779,998,525	99.58	3,301,611	0.42	783,347,732	73.74	47,596
18	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.	754,817,464	96.36	28,490,838	3.64	783,347,732	73.74	39,430
19	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.	761,213,120	97.18	22,066,693	2.82	783,347,732	73.74	67,919
20	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.	777,637,134	99.30	5,521,006	0.70	783,347,732	73.74	189,592
21	To enable a general meeting other than an Annual General Meeting to be called on not less than 14 clear days' notice.	774,396,041	98.86	8,913,416	1.14	783,347,732	73.74	38,275
22	To amend the Company's Articles of Association.	783,172,155	99.99	103,757	0.01	783,347,732	73.74	71,820

Ends

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