Dalata Hotel Group PLC: AGM Results
Dalata Hotel Group PLC (DAL,DHG)
Dalata Hotel Group PLC: AGM Results
25-Apr-2024 / 18:43 GMT/BST
AGM RESULTS
ISE: DHG LSE: DAL
Dublin and London | 25 April 2024: Dalata Hotel Group plc ("Dalata" or the "Company"), the largest hotel operator in Ireland with a growing presence in the United Kingdom and Continental Europe, today announces that all resolutions proposed at the Annual General Meeting of the Company were passed.
Voting on all resolutions was conducted by poll and the results are set out below. The full text of each resolution was included in the notice of the Annual General Meeting of the Company circulated to shareholders on 26 March 2024 and made available on the Company's website www.dalatahotelgroup.com
A recording of today's Annual General Meeting will shortly be available on the Company’s website www.dalatahotelgroup.com
In accordance with the Listing Rules copies of the resolutions passed at the Annual General Meeting of the Company have been forwarded to Euronext Dublin and the UK National Storage Mechanism and will shortly be available for inspection at;
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The results of the proxy voting received for each resolution, are outlined below.
Resolution 1:
To receive and consider the annual report and financial statements of the company for the year ended 31 December 2023 together with the Directors and Auditors Reports and a review of the affairs of the Company.
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
154,745,411
100%
557
0%
154,745,968
584,715
155,330,683
Resolution 2:
To receive and consider the Directors’ Report on Remuneration for the year ended 31 December 2023
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
153,235,860
98.65%
2,094,823
1.35%
155,330,683
-
155,330,683
Resolution 3:
To declare a final dividend of 8 cent per ordinary share for the year ended 31 December 2023
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
155,330,126
100%
557
0%
155,330,683
-
155,330,683
Resolution 4 (a):
To re-appoint John Hennessy as a Director
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
138,449,957
89.14%
16,873,786
10.86%
155,323,743
6,940
155,330,683
Resolution 4 (b):
To re-appoint Dermot Crowley as a Director.
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
154,617,412
99.55%
706,331
0.45%
155,323,743
6,940
155,330,683
Resolution 4 (c):
To re-appoint Elizabeth McMeikan as a Director.
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
140,133,829
90.22%
15,189,913
9.78%
155,323,742
6,941
155,330,683
Resolution 4 (d):
To re-appoint Cathriona Hallahan as a Director.
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
152,022,268
97.87%
3,301,475
2.13%
155,323,743
6,940
155,330,683
Resolution 4 (e):
To re-appoint Gervaise Slowey as a Director.
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
153,363,936
98.74%
1,959,807
1.26%
155,323,743
6,940
155,330,683
Resolution 4 (f):
To re-appoint Shane Casserly as a Director.
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
153,146,621
98.60%
2,177,122
1.40%
155,323,743
6,940
155,330,683
Resolution 4 (g):
To re-appoint Carol Phelan as a Director.
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
154,617,412
99.55%
706,331
0.45%
155,323,743
6,940
155,330,683
Resolution 4 (h):
To re-appoint Jon Mortimore as a Director.
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
153,609,741
98.90%
1,714,002
1.10%
155,323,743
6,940
155,330,683
Resolution 5:
To authorise the Directors to determine the remuneration of the Auditors
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
154,424,126
99.42%
906,557
0.58%
155,330,683
-
155,330,683
Resolution 6:
Authority to allot relevant securities up to customary limits
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
150,257,096
96.73%
5,073,585
3.27%
155,330,681
2
155,330,683
Resolution 7:
Disapplication of statutory pre-emption rights in specified circumstances
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
153,250,013
98.66%
2,080,670
1.34%
155,330,683
-
155,330,683
Resolution 8:
Disapplication of statutory pre-emption rights in additional circumstances for financing an acquisition or capital investment by the Company
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
143,446,410
92.35%
11,884,271
7.65%
155,330,681
2
155,330,683
Resolution 9:
Authorisation of market purchases of the Company’s shares
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
153,798,542
99.22%
1,215,976
0.78%
155,014,518
316,165
155,330,683
Resolution 10:
Authorisation for the re-allotment of treasury shares
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
154,114,707
99.22%
1,215,976
0.78%
155,330,683
-
155,330,683
Resolution 11:
To authorise the Directors to hold certain general meetings on 14 days’ notice
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
152,204,373
97.99%
3,126,308
2.01%
155,330,681
2
155,330,683
Resolution 12:
Proposes an amendment to Article 74 of the constitution of the company to increase the maximum number of directors of the company from ten to twelve.
Votes For
Votes Against
Total
Votes
Votes
Withheld
Total including withheld
No.
%
No.
%
Votes
155,013,961
99.80%
316,722
0.20%
155,330,683
-
155,330,683
The "Vote Withheld" option is provided to enable abstention on any particular resolution. However, it should be noted that 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.
ENDS
About Dalata
Dalata Hotel Group plc is a leading hotel operator backed by €1.7bn in freehold and long leasehold assets in Ireland and the UK. Established in 2007, Dalata has become Ireland’s largest hotel operator with an ambitious growth strategy to expand its portfolio further in excellent locations in select, large cities in the UK and Continental Europe. The Group’s portfolio comprises 53 primarily four-star hotels operating through its two main brands, Clayton and Maldron Hotels, with 11,413 rooms and a pipeline of over 1,500 rooms. For the year ended 31 December 2023, Dalata reported revenue of €607.7 million, basic earnings per share of 40.4 cent and Free Cashflow per Share of 59.7 cent. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock Exchange (DAL). For further information visit: www.dalatahotelgroup.com
Contacts
Dalata Hotel Group plc
investorrelations@dalatahotelgroup.com
Dermot Crowley, CEO
Tel +353 1 206 9400
Carol Phelan, CFO
Sean McKeon, Company Secretary and Head of Risk and Compliance
Niamh Carr, Head of Investor Relations
Joint Group Brokers
Davy: Anthony Farrell
Tel +353 1 679 6363
Berenberg: Ben Wright
Tel +44 20 3753 3069
Investor Relations and PR | FTI Consulting
Tel +353 86 401 5250
Melanie Farrell
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The issuer is solely responsible for the content of this announcement.
ISIN: IE00BJMZDW83, IE00BJMZDW83 Category Code: RAG TIDM: DAL,DHG LEI Code: 635400L2CWET7ONOBJ04 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 318046 EQS News ID: 1890017
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