ON THE BEACH GROUP PLC — AGM Information 2016

Feb 5, 2016

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RNS Number : 2731O

On the Beach Group PLC

05 February 2016

5 February 2016 

On The Beach Group PLC

(The "Company")

Result of Annual General Meeting

The Board of the Company announces that the Resolutions proposed at the Annual General Meeting held earlier today were duly passed on a show of hands by the required majority. 

Further details of the Resolutions were set out in the notice of meeting to shareholders of the Company issued on 8 January 2016. 

The proxy votes for each resolution were as follows:

Resolution	For	%	Against	%	Withheld⁺
Resolution 1: Ordinary Resolution to receive the annual accounts of the Company for the year ended 30 September 2015 together with the directors' and auditors' reports thereon.	99,590,133	100	0	0	0
Resolution 2: Ordinary Resolution to approve the directors' remuneration policy for the year ended 30 September 2015	92,568,002	92.95	7,022,131	7.05	0
Resolution 3: Ordinary Resolution to approve the directors' remuneration report for the year ended 30 September 2015	99,590,133	100	0	0	0
Resolution 4: Ordinary Resolution to reappoint Simon Cooper as a director of the Company	99,590,133	100	0	0	0
Resolution 5: Ordinary Resolution to reappoint Richard Segal as a director of the Company	99,590,133	100	0	0	0
Resolution 6: Ordinary Resolution to reappoint Gwendoline Parry as a director of the Company	99,590,133	100	0	0	0
Resolution 7: Ordinary Resolution to reappoint Lee Ginsberg as a director of the Company	98,321,133	100	0	0	1,269,000
Resolution 8: Ordinary Resolution to reappoint David Kelly as a director of the Company	98,321,133	100	0	0	1,269,000
Resolution 9: Ordinary Resolution to reappoint KPMG LLP as auditors to the Company for the period from the conclusion of this meeting to the conclusion of the next general meeting of the Company at which the accounts are laid.	98,321,133	98.73	1,269,000	1.27	0
Resolution 10: Ordinary Resolution to authorise the directors to determine the auditors' remuneration.	99,590,133	100	0	0	0
Resolution 11: Ordinary Resolution to authorise the allotment of shares	99,590,133	100	0	0	0
Resolution 12: Ordinary Resolution to adopt the reduced disclosure framework under FRS 102*	-	-	-	-	-
Resolution 13: Special Resolution to disapply statutory pre-emption rights	99,585,133	99.99	5,000	0.01	0
Resolution 14: Special Resolution to authorise the purchase of own shares	99,590,133	100	0	0	0

*Resolution 12 regarding the adoption of the reduced disclosure framework under FRS 102 was withdrawn as redundant due to prior objections being received (in the form of proxy votes against the resolution) by shareholders holding in aggregate 5.3% of the Company's issued share capital, which was in excess of the 5% objection limit set out in FRS 102.

⁺A 'Vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'For' and 'Against' a resolution.

For further information:

On the Beach Group plc Simon Cooper, Chief Executive Officer Wendy Parry, Chief Financial Officer Kirsteen Vickerstaff, Company Secretary	c/o FTI Consulting
FTI Consulting Jonathon Brill Alex Beagley Tom Hufton	Tel: +44 (0)20 3727 1000

This information is provided by RNS

The company news service from the London Stock Exchange

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