TIDMFXPO
RNS Number : 0037P
Ferrexpo PLC
15 June 2022
15 June 2022
Ferrexpo plc
("Ferrexpo", "the Company" or the "Group")
Results of Annual General Meeting and General Meeting
The results of voting at Ferrexpo's Annual General Meeting
("AGM") and a General Meeting ("GM") of the Company both held
today, 15 June 2022, are set out below. All Resolutions at the AGM
and the GM were voted by way of a poll.
As stated in the Company's AGM Notice and under Listing Rule
9.2.2E, a resolution to elect or re-elect an Independent Director
must be passed by both a majority of the independent shareholders
and a majority of all shareholders (including the majority
shareholder). In order to determine this, votes cast by the
independent shareholders were counted separately in respect of the
re-election of Graeme Dacomb, Vitalii Lisovenko, Fiona MacAulay,
Ann-Christin Andersen and the election of Natalie Polischuk and the
results of that separate count are set out below.
Voting Results of AGM
All ordinary and special resolutions were passed:
For/Discretion Against Total Votes
votes withheld
cast (1)
Resolution No. of votes % of No. of % of No. of No.
votes votes votes votes of votes
cast cast
(2) (2)
------------- ------- ------------ ------- ------------ ----------
1. To receive the 2021
Report and Accounts. 495,997,416 100.00 1,117 0.00 495,998,533 321,518
------------- ------- ------------ ------- ------------ ----------
2. To approve the Remuneration
Report (apart from the
remuneration policy) 492,319,964 99.20 3,994,530 0.80 496,314,494 5,557
------------- ------- ------------ ------- ------------ ----------
3. To approve the 6.6
US cents final dividend 496,284,144 99.99 35,563 0.01 496,319,707 344
------------- ------- ------------ ------- ------------ ----------
4. To re-appoint MHA
MacIntyre Hudson as
the Company's auditors 496,086,139 99.96 194,713 0.04 496,280,852 39,199
------------- ------- ------------ ------- ------------ ----------
5. To authorise the
Audit Committee to determine
the auditors remuneration 496,268,271 99.99 48,842 0.01 496,317,113 2,938
------------- ------- ------------ ------- ------------ ----------
6. To re-elect Ann-Christin
Andersen as a director 448,897,871 90.46 47,346,709 9.54 496,244,580 75,471
------------- ------- ------------ ------- ------------ ----------
152,819,927 76.35 47,346,709 23.65 200,166,636 75,471
------------- ------- ------------ ------- ------------ ----------
7. To re-elect Graeme
Dacomb as a director 486,648,519 98.06 9,649,141 1.94 496,297,660 22,391
------------- ------- ------------ ------- ------------ ----------
190,570,575 95.18 9,649,141 4.82 200,219,716 22,391
------------- ------- ------------ ------- ------------ ----------
8. To re-elect Lucio
Genovese as a director 405,262,105 81.66 91,035,555 18.34 496,297,660 22,391
------------- ------- ------------ ------- ------------ ----------
9. To re-elect Vitalii
Lisovenko as a director 405,926,051 81.79 90,371,609 18.21 496,297,660 22,391
------------- ------- ------------ ------- ------------ ----------
109,848,107 54.86 90,371,609 45.14 200,219,716 22,391
------------- ------- ------------ ------- ------------ ----------
10. To re-elect Fiona
MacAulay as a director 448,996,025 90.47 47,301,635 9.53 496,297,660 22,391
------------- ------- ------------ ------- ------------ ----------
152,918,081 76.38 47,301,635 23.62 200,219,716 22,391
------------- ------- ------------ ------- ------------ ----------
11. To elect Natalie
Polischuk 495,752,422 99.89 542,038 0.11 496,294,460 25,591
------------- ------- ------------ ------- ------------ ----------
199,674,478 99.73 542,038 0.27 200,216,516 25,591
------------- ------- ------------ ------- ------------ ----------
12. To re-elect Kostyantin
Zhevago as a director 314,137,679 63.59 179,890,562 36.41 494,028,241 2,291,810
------------- ------- ------------ ------- ------------ ----------
13. To elect Jim North
as a director 493,564,729 99.45 2,732,931 0.55 496,297,660 22,391
------------- ------- ------------ ------- ------------ ----------
14. To authorise the
directors to allot shares 492,346,117 99.21 3,938,007 0.79 496,284,124 35,927
------------- ------- ------------ ------- ------------ ----------
15. To empower the directors
to disapply pre-emption
rights 492,644,002 99.26 3,648,517 0.74 496,292,519 27,532
------------- ------- ------------ ------- ------------ ----------
16. To authorise the
Company to make market
purchases of its own
shares 489,884,922 98.92 5,358,079 1.08 495,243,001 1,077,050
------------- ------- ------------ ------- ------------ ----------
17. To approve a 14
clear days' notice period
for a general meeting
other than an AGM 492,443,944 99.22 3,875,572 0.78 496,319,516 535
------------- ------- ------------ ------- ------------ ----------
1. A vote withheld is not a vote in law and is not counted in
the calculation of votes validly cast for or against a
resolution
2. Excluding votes withheld
Significant Votes Against Resolutions
Although all the resolutions were passed, the Board of Ferrexpo
notes that there were a significant proportion (more than 20%) of
votes cast against resolutions to re-elect four of our directors
based on the outcome of either the votes of all shareholders or the
votes of independent shareholders.
The Board believes that all these directors bring considerable
experience and expertise to the Board. The Board will consult and
engage with independent shareholders to better understand the
reasons behind these votes and will publish an update of its
shareholder engagement within six months of today's AGM. In
particular, the Board understands that certain of these voting
outcomes arose due to a shareholder expressing concerns regarding
the number of directorships that certain directors hold. The Board
is comfortable that each of the directors is able to devote
sufficient time to their roles.
Voting Results of GM
The Special Resolution was passed:
For/Discretion Against Total Votes
votes withheld
cast (1)
Resolution No. of votes % of No. of % of No. of No.
votes votes votes votes of votes
cast cast
(2) (2)
------------- ------- ------- ------- ------------ ----------
1. Authorise the appropriations
of distributable profits
of the Company to the
payment of the Relevant
Distributions (as defined
in the Notice of General
Meeting), each by reference
to the same record date
as the original accounting
entry for the Relevant
Distribution; waive
and release any and
all claims which the
Company has or may have
against each of its
shareholders who appeared
on the register of shareholders
on the relevant record
date for the Relevant
Distributions arising
out of or in connection
with the payment of
the Relevant Distribution;
and waive and release
any and all claims which
the Company has or may
have against each of
its directors and former
directors arising out
of or in connection
with the approval, declaration
or payment of the Relevant
Distributions. 197,686,143 99.99 22,724 0.01 197,708,867 3,775
------------- ------- ------- ------- ------------ ----------
Further Disclosures
As at 15 June 2022, the Company's issued share capital
(excluding treasury shares) consisted of 588,624,142 Ordinary
Shares carrying one vote each. Therefore, the total number of
voting rights as at 15 June 2022 was 588,624,142.
In accordance with Listing Rule 9.6.2, Ferrexpo plc has
submitted a copy of the resolutions dealing with the special
business put to shareholders at the AGM today to the National
Storage Mechanism, which will shortly be available for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information, please contact:
Ferrexpo:
Rob Simmons r.simmons@ferrexpo.ch +44 207 389 8305
Tavistock:
Jos Simson +44 207 920 3150
Gareth Tredway ferrexpo@tavistock.co.uk +44 7785 974 264
Notes to Editors:
Ferrexpo is a Swiss headquartered iron ore company with assets
in Ukraine. It has been mining, processing and selling high quality
iron ore pellets to the global steel industry for over 40 years. In
2020, the Group produced 11.2 Mt of iron ore pellets, a 7% increase
on the prior year. The Company is ranked as the world's 3(rd)
largest exporter of pellets to the global steel industry with a
market share of approximately 9%. Ferrexpo has a diversified
customer base supplying steel mills in Austria, Germany, Japan,
South Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey,
Vietnam and America. Ferrexpo has a premium listing on the main
market of the London Stock Exchange under the ticker FXPO. For
further information, please visit www.ferrexpo.com.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
RAGBBGDLISBDGDU
(END) Dow Jones Newswires
June 15, 2022 07:50 ET (11:50 GMT)
Ferrexpo (LSE:FXPO)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Ferrexpo (LSE:FXPO)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024