ON THE BEACH GROUP PLC — AGM Information 2020

Feb 6, 2020

National Storage Mechanism | Additional information

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RNS Number : 2461C

On the Beach Group PLC

06 February 2020

6 February 2020

On The Beach Group plc (the "Company")

Result of Annual General Meeting

The Board of the Company announces that at its Annual General Meeting ("AGM") held today, 6 February 2020, all the resolutions considered at the AGM were duly passed by the required majority by means of a poll vote.

The results of the poll votes on the resolutions are shown in the table below:

	Resolution	Votes for		Votes against		Total votes cast (excl. withheld)	Votes withheld
		No. of votes	% of  vote	No. of votes	% of vote	No. of votes	No. of votes
1.	To receive the report & accounts	108,062,353	100.00%	0	0.00%	108,775,983	713,630
2.	To approve the Directors' remuneration report	89,498,760	83.80%	17,298,452	16.20%	108,775,982	1,978,770
3.	Declare final dividend of 2.0p per share	108,775,983	100.00%	0	0.00%	108,775,983	0
4.	To appoint Richard Pennycook	107,704,557	99.59%	445,359	0.41%	108,775,982	626,066
5.	To re-appoint Simon Cooper as a Director	108,610,718	99.85%	165,265	0.15%	108,775,983	0
6.	To re-appoint Paul Meehan as a Director	108,607,568	99.85%	168,415	0.15%	108,775,983	0
7.	To re-appoint David Kelly  as a Director	105,312,041	96.82%	3,463,941	3.18%	108,775,982	0
8.	To re-appoint Elaine O'Donnell as a director	108,287,756	99.55%	488,227	0.45%	108,775,983	0
9.	To appoint Ernst & Young LLP as auditors	108,775,776	100.00%	207	0.00%	108,775,983	0
10.	To authorise the directors to determine the auditor's remuneration.	108,771,181	100.00%	4,802	0.00%	108,775,983	0
11.	To authorise the directors to allot shares.	105,447,671	96.94%	3,328,312	3.06%	108,775,983	0
12.	To authorise political donations.	107,181,311	98.53%	1,594,587	1.47%	108,775,983	85
13.	To increase the borrowing limits of the Company	108,136,778	99.41%	639,204	0.59%	108,775,982	0
14.	To dis-apply statutory pre-emption rights	108,770,065	99.99%	5,918	0.01%	108,775,983	0
15.	To dis-apply statutory pre-emption rights (acquisition or capital investment).	95,184,346	87.50%	13,591,573	12.50%	108,775,982	63
16.	To authorise the purchase of own shares.	108,137,205	99.42%	634,182	0.58%	108,775,982	4,595
17.	To reduce the notice period required for General Meetings	107,559,533	98.88%	1,216,450	1.12%	108,775,983	0

Notes:

1.     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' any resolution.

2.     The Company's total ordinary shares in issue (total voting rights) as at the date of the AGM was 131,215,750 ordinary shares of £0.01 each. Ordinary shareholders are entitled to one vote per ordinary share held.

3.     Resolutions 14 to 17 were passed as special resolutions.

4.     In accordance with paragraph 9.6.2 of the LSE Listing Rules, a copy of the resolutions passed as special business at the AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

5.     The complete poll results will be available shortly on the Company's website at: http://www.onthebeachgroupplc.com.

For further information:

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

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