MS INTERNATIONAL PLC — AGM Information 2019

Mar 29, 2019

National Storage Mechanism | Additional information

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RNS Number : 5471U

Micro Focus International plc

29 March 2019

29 March 2019

Micro Focus International plc

Results of Annual General Meeting

The Annual General Meeting of Micro Focus International plc ("Micro Focus", LSE: MCRO.L) was held at The Lawn, 22-30 Old Bath Road, Newbury, Berkshire, RG14 1QN at 10.00 a.m. on Friday 29 March 2019.

The full text of the Resolutions is shown in the Notice of Annual General Meeting. Full details of the poll vote on each Resolution will be available on our website here.

and a copy has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM

We are pleased to have received majority shareholder support for all the resolutions proposed at the AGM with the exception of Resolution 3 - the approval of the Remuneration Report - which received a 50.4% vote against.  

We have engaged with a large number of our major shareholders over the course of the year and in recent weeks, and would like to thank them for giving us the opportunity to speak to them ahead of our AGM. We are disappointed that many shareholders who voted in favour of our remuneration policy in 2017 have not supported the advisory vote on the Remuneration Report at this year's AGM.  

Amanda Brown, chair of the remuneration committee said: "We acknowledge and respect the concerns of our shareholders and have already committed to undertake a thorough review of our reward strategy this year with the objective of putting a new policy to shareholders at the 2020 AGM. The remuneration committee will continue to consult closely with shareholders throughout this process, and reflect very carefully on any issues that they raise."

Enquiries:

Micro Focus	Tel: +44 (0)1635 326646
Brian McArthur-Muscroft, Chief Financial Officer
Tim Brill, IR Director
Powerscourt	Tel:  +44 (0)20 7250 1446
Elly Williamson
Celine MacDougall

About Micro Focus

Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise software company supporting the technology needs and challenges of the Global 2000.  Our solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Our product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management & Governance and Application Modernization & Connectivity. For more information, visit: www.microfocus.com

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