Mitie Group PLC — AGM Information 2017

Jul 26, 2017

National Storage Mechanism | Additional information

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RNS Number : 1775M

MITIE Group PLC

26 July 2017

26 July 2017

Mitie Group plc

Result of AGM

At the Annual General Meeting (AGM) of Mitie Group plc (Mitie), held on 26 July 2017, all the resolutions put to the meeting were passed.  The details of the votes cast are shown in a table below.  The full text of each of the resolutions is shown in the Notice of the AGM, which is available on our website at www.mitie.com.   The total of votes cast was 267,509,427 representing 72.05% of Mitie's issued share capital.

Mitie acknowledges that, whilst the following resolutions were passed, a high number of votes were received against each of them:

Resolution 13, in relation to Directors' authority to allot shares;

Resolution 14, in relation to a general authority to disapply pre-emption rights; and

Resolution 15, which sought additional authority to disapply pre-emption rights in connection with the financing of an acquisition or specified capital investment, limited to the equivalent of 5% of Mitie's issued share capital (excluding treasury shares).

A process of shareholder consultation has commenced and Mitie will continue to engage with those shareholders who either withheld their vote, or voted against these resolutions, to improve understanding and, if possible, allay any such concerns for the future.

Mitie further acknowledges that resolution 10, in relation to the reappointment of Deloitte LLP as external auditor, was passed but with a high number of votes received against it, as well as withheld.  Mitie has announced that it is undertaking a tender process during July, August and September 2017, and will announce a new external auditor in due course.

Copies of all special resolutions have been submitted to the UK Listing Authority and will shortly be made available for inspection on the National Storage Mechanism at www.hemscott.com/nsm.do. 

AGM - Poll results

Resolution		Votes in favour           (as % of votes cast)			Votes against (as % of votes cast)		Total number of votes cast
1	Annual report & accounts		86.35%		13.65%		267,509,427
2	Remuneration report		92.07%		7.93%		267,509,427
3	Appointment of Derek Mapp		98.40%		1.60%		267,509,426
4	Appointment of Phil Bentley		99.73%		0.27%		267,509,427
5	Appointment of Sandip Mahajan		99.70%		0.30%		267,509,427
6	Appointment of Nivedita Krishnamurthy Bhagat		99.95%		0.05%		267,509,427
7	Re-appointment of Larry Hirst CBE		86.78%		13.22%		267,509,427
8	Re-appointment of Jack Boyer OBE		96.89%		3.11%		267,509,427
9	Re-appointment of Mark Reckitt		90.06%		9.94%		267,509,427
10	Appointment of auditors		70.61%		29.39%		267,509,426
11	Auditors remuneration authority		97.63%		2.37%		267,509,427
12	Political donations		99.06%		0.94%		267,509,427
13	Authority to Allot shares		67.08%		32.92%		267,509,427
14	Disapplication of pre-emption rights (General)		76.82%		23.18%		267,509,427
15	Disapply pre-emption rights (Additional)		79.75%		20.25%		267,509,427
16	Market purchase of own shares		99.21%		0.79%		267,509,427
17	Short notice of meetings		88.04%		11.96%		267,509,426

-Ends-

For further information, contact:

Peter Dickinson

General Counsel and Company Secretary, Mitie Group plc

T: +44 (0) 203 123 8157                   M: +44 (0)776 821 5013                E: peter.dickinson@mitie.com

Anna Chen

Investor Relations Manager, Mitie Group plc

T: +44 (0) 203 123 8675                   M: +44 (0)781 852 7265                E: anna.chen@mitie.com

Notes for editors

About Mitie Group

Mitie is a FTSE 250 business providing a wide range of facilities management and professional services, from real estate consultancy, project management, energy consultancy, compliance, risk assessment and security systems to cleaning, catering, engineering, technical and environmental services and a range of specialist services.

We work in partnership with organisations to deliver long-term savings, managing and maintaining some of the nation's most recognised landmarks for a range of blue-chip public and private sector customers. 

We are the UK's largest Facilities Management Company employing some 60,000 people across the country.

Find out more at www.mitie.com

This information is provided by RNS

The company news service from the London Stock Exchange

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