SThree: Result of Annual General Meeting
SThree (STEM)
SThree: Result of Annual General Meeting
20-Apr-2022 / 13:24 GMT/BST
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20 April 2022
SThree plc
("SThree" or the "Company")
Results of Annual General Meeting
The Company announces the voting results of its Annual General Meeting held earlier today.
All resolutions put to the meeting were passed with the requisite majority by means of a poll. Resolutions 1 to 7 and resolutions 9 to 13 were each passed as Ordinary resolutions (requiring a simple majority for them to be passed) and resolutions 14 to 16 were each passed as a Special Resolution (requiring at least a 75% majority for them to be passed).
The polling results for each resolution are set out below:
Resolution
Votes For
%
Votes Against
%
Total votes
% of ISC Voted (1)
Votes Withheld (2)
1
To receive the Annual Report and Accounts for the year ended 30 November 2021.
103,713,776
100.00
792
0.00
103,714,568
77.59
952,976
2
To declare a final dividend of 8.0 pence per ordinary share.
104,649,982
99.98
16,716
0.02
104,666,698
78.30
846
3
To approve the Directors' Remuneration Report for the year ended 30 November 2021, other than the part containing the directors' remuneration policy.
55,874,397
54.42
46,806,243
45.58
102,680,640
76.81
1,986,904
4
To elect Timo Lehne as a Director of the Company.
102,508,343
97.94
2,158,602
2.06
104,666,945
78.30
599
5
To elect Andrew Beach as a Director of the Company.
102,325,358
97.76
2,340,772
2.24
104,666,130
78.30
1,414
6
To re-elect James Bilefield as a Director of the Company.
85,635,237
81.82
19,032,307
18.18
104,667,544
78.30
0
7
To re-elect Denise Collis as a Director of the Company.
93,015,636
88.87
11,651,605
11.13
104,667,241
78.30
303
8
To re-elect Anne Fahy as a Director of the Company.
Resolution withdrawn
9
To re-elect Barrie Brien as a Director of the Company.
103,244,710
98.64
1,422,531
1.36
104,667,241
78.30
303
10
To re-appoint PricewaterhouseCoopers LLP as Auditors of the Company.
77,356,963
78.00
21,821,424
22.00
99,178,387
74.19
5,489,157
11
To authorise the Audit Committee to determine the Auditor's remuneration.
104,440,930
99.78
225,518
0.22
104,666,448
78.30
1,096
12
To authorise the Company and its subsidiaries to make political donations and incur political expenditure.
104,290,792
99.65
361,615
0.35
104,652,407
78.29
15,137
13
To authorise the Directors to allot shares.
94,629,001
90.41
10,037,448
9.59
104,666,449
78.30
1,095
14
To authorise the Company to call general meetings on not less than 14 clear days' notice.
101,958,078
97.41%
2,708,371
2.59
104,666,449
78.30
1,095
15
To disapply statutory pre-emption rights.
104,652,194
99.99%
14,255
0.01
104,666,449
78.30
1,095
16
To authorise the Company to purchase its own Shares.
102,488,117
98.31%
1,759,254
1.69
104,247,371
77.98
420,173
Notes
Based on total issued share capital of 133,667,879 ordinary shares (as at 18 April 2022). A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution. The total voting rights of the Company on 18 April 2022 were 133,667,879. The 'For' vote includes those giving the Chairman discretion.
Resolutions 3 and 10
In respect of those resolutions where there was over circa 20% voted against, namely Resolution 3 (the approval of the Directors' Remuneration Report) and Resolution 10 (the re-appointment of PricewaterhouseCoopers LLP as Auditors), the Board confirms that it will consult and engage with the relevant shareholders to understand their views. An update of this engagement will be published within six months, as well as a final summary in the Company's Annual Report for the 2022 Financial Year.
The resolution to reappoint Anne Fahy as a Non-Executive Director of the Company (Resolution 8) was withdrawn following her resignation from the Company with effect from 19 April 2022, as announced by the Company on that day.
National Storage Mechanism
In accordance with Listing Rule 9.6.2, a copy of the resolutions passed as special business will shortly be submitted to the FCA's National Storage Mechanism and will be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Enquiries:
SThree plc
Via Alma
Timo Lehne, Interim Chief Executive Officer
Andrew Beach, Chief Financial Officer
Kate Danson, Company Secretary
Alma PR
+44 20 3405 0205
Rebecca Sanders-Hewett
Susie Hudson
SThree@almapr.co.uk
- Ends -
ISIN: GB00B0KM9T71 Category Code: MSCL TIDM: STEM LEI Code: 2138003NEBX5VRP3EX50 Sequence No.: 156550 EQS News ID: 1331177
End of Announcement EQS News Service