23 May 2024
Prudential
plc
Results of Annual General Meeting held on 23 May
2024
Prudential plc (the "Company") announces that at its Annual
General Meeting ("AGM")
held earlier today, Resolutions 1 to 19 (inclusive) and Resolution
23 were duly passed as ordinary resolutions and Resolutions 20 to
22 (inclusive) and Resolution 24 were duly passed as special
resolutions. The results of the polls are as follows:
|
|
RESOLUTION
|
VOTES FOR
|
%
OF VOTES CAST
|
VOTES AGAINST
|
%
OF VOTES CAST
|
VOTES CAST IN TOTAL
|
TOTAL VOTES CAST AS A % OF
ISSUED SHARE CAPITAL
|
VOTES WITHHELD
|
|
1
|
To receive and consider the Accounts
for the financial year ended 31 December 2023 together with the
Strategic Report, Directors' Remuneration Report, Directors' Report
and the Auditor's Report (the '2023 Annual Report')
|
2,155,386,575
|
99.52
|
10,353,464
|
0.48
|
2,165,740,039
|
78.74
|
22,814,337
|
|
2
|
To approve the Directors'
Remuneration Report for the year ended 31 December 2023
|
2,012,309,502
|
92.31
|
167,583,638
|
7.69
|
2,179,893,140
|
79.26
|
8,661,245
|
|
3
|
To elect Mark Saunders as a Director
of the Company
|
2,185,509,064
|
99.93
|
1,532,118
|
0.07
|
2,187,041,182
|
79.52
|
1,513,194
|
|
4
|
To re-elect Shriti Vadera as a
Director of the Company
|
2,131,377,635
|
97.46
|
55,632,328
|
2.54
|
2,187,009,963
|
79.52
|
1,544,413
|
|
5
|
To re-elect Anil Wadhwani as a
Director of the Company
|
2,185,076,562
|
99.91
|
1,927,890
|
0.09
|
2,187,004,452
|
79.52
|
1,549,924
|
|
6
|
To re-elect Jeremy Anderson as a
Director of the Company
|
2,183,854,066
|
99.85
|
3,185,592
|
0.15
|
2,187,039,658
|
79.52
|
1,514,718
|
|
7
|
To re-elect Arijit Basu as a
Director of the Company
|
2,183,755,662
|
99.85
|
3,278,876
|
0.15
|
2,187,034,538
|
79.52
|
1,519,838
|
|
8
|
To re-elect Chua Sock Koong as a
Director of the Company
|
2,099,827,184
|
96.86
|
68,152,445
|
3.14
|
2,167,979,629
|
78.82
|
20,574,747
|
|
9
|
To re-elect Ming Lu as a Director of
the Company
|
2,090,542,730
|
95.98
|
87,510,192
|
4.02
|
2,178,052,922
|
79.19
|
10,501,464
|
|
10
|
To re-elect George Sartorel as a
Director of the Company
|
2,182,750,378
|
99.80
|
4,281,183
|
0.20
|
2,187,031,561
|
79.52
|
1,522,815
|
|
11
|
To re-elect Claudia Suessmuth
Dyckerhoff as a Director of the Company
|
2,168,165,238
|
99.14
|
18,868,196
|
0.86
|
2,187,033,434
|
79.52
|
1,520,942
|
|
12
|
To re-elect Jeanette Wong as a
Director of the Company
|
2,174,420,194
|
99.84
|
3,510,448
|
0.16
|
2,177,930,642
|
79.19
|
10,623,733
|
|
13
|
To re-elect Amy Yip as a Director of
the Company
|
2,183,800,021
|
99.85
|
3,238,180
|
0.15
|
2,187,038,201
|
79.52
|
1,516,175
|
|
14
|
To re-appoint Ernst & Young LLP
as the Company's auditor until the conclusion of the next general
meeting at which the Company's account are laid
|
2,146,022,942
|
98.12
|
41,210,612
|
1.88
|
2,187,233,554
|
79.52
|
1,320,831
|
|
15
|
To authorise the Company's Audit
Committee, on behalf of the Board, to determine the amount of the
auditor's remuneration
|
2,163,832,482
|
98.93
|
23,390,074
|
1.07
|
2,187,222,556
|
79.52
|
1,331,830
|
|
16
|
To renew the authority to make
political donations
|
2,142,188,032
|
98.60
|
30,424,848
|
1.40
|
2,172,612,880
|
78.99
|
15,941,496
|
|
17
|
To renew the authority to allot
ordinary shares
|
2,024,912,744
|
92.59
|
162,052,785
|
7.41
|
2,186,965,529
|
79.51
|
1,565,355
|
|
18
|
To renew the extension of authority
to allot ordinary shares to include repurchased shares
|
2,084,653,784
|
95.63
|
95,326,036
|
4.37
|
2,179,979,820
|
79.26
|
8,574,566
|
|
19
|
To renew the authority to allot
preference shares
|
2,162,114,157
|
98.85
|
25,084,964
|
1.15
|
2,187,199,121
|
79.52
|
1,355,254
|
|
20
|
To renew the authority for
disapplication of pre-emption rights*
|
2,100,271,584
|
96.35
|
79,671,690
|
3.65
|
2,179,943,274
|
79.26
|
8,611,112
|
|
21
|
To renew the authority for
disapplication of pre-emption rights for purposes of acquisitions
or specified capital investments*
|
2,079,025,628
|
95.37
|
100,913,281
|
4.63
|
2,179,938,909
|
79.26
|
8,615,436
|
|
22
|
To renew the authority for purchase
of own shares*
|
2,158,732,071
|
98.90
|
24,010,487
|
1.10
|
2,182,742,558
|
79.36
|
5,811,776
|
|
23
|
To authorise the Directors to allot
ordinary shares instead of cash in respect of any dividend
paid
|
2,170,137,626
|
99.22
|
17,054,755
|
0.78
|
2,187,192,381
|
79.52
|
1,361,954
|
|
24
|
To renew the authority in respect of
notice for general meetings*
|
2,087,928,802
|
95.46
|
99,208,912
|
4.54
|
2,187,137,714
|
79.52
|
1,416,630
|
*Special resolution
The full text of Resolutions 16 to 24
(inclusive) is set out in the Notice of Annual General Meeting and
explanation of business dated 22 April 2024.
As at 6.30pm UK time/ 4.30pm Hong
Kong/Singapore time on 21 May 2024, the number of issued shares of
the Company was 2,750,427,994 ordinary shares, which was the total
number of shares entitling the holders to attend and vote for or
against all of the resolutions at the AGM. In accordance with the
Company's Articles of Association, on a poll every member present
in person or by proxy has one vote for every share held.
There were
no restrictions on shareholders to cast votes on any of the
resolutions proposed at the AGM, save for the Directors (excluding
independent non-executive directors) and their respective
associates who were required to abstain, and have abstained from
voting on Resolution 17 which affected a total of 281,442 voting
rights. Votes withheld are not votes in law and therefore have not
been counted in the calculation of the proportion of the votes for
and against a resolution. Proxy appointments which gave discretion
to the Chair have been included in the total of votes 'for' the
respective resolutions. The scrutineer of the poll was Equiniti
Financial Services Limited, the Company's UK Share
Registrar.
All
Directors of the Company attended the AGM in person except Claudia
Suessmuth Dyckerhoff, who joined the AGM electronically.
As
announced on 25 January 2024, David Law did not stand for
re-election as a Non-executive Director of Prudential plc and
retired from the Board with effect from the conclusion of today's
AGM. Shriti Vadera joined the Remuneration Committee from the
conclusion of the AGM.
Pursuant to Listing Rule 9.6.2 of
the UK Listing Rules, a copy of all resolutions, other than those
concerning ordinary business, passed at the AGM on 23 May 2024,
will shortly be available to view on the National Storage Mechanism
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Additional Information:
About Prudential plc
Prudential plc provides life and
health insurance and asset management in 24 markets across Asia and
Africa. Prudential's mission is to be the most trusted partner and
protector for this generation and generations to come, by providing
simple and accessible financial and health solutions. The business
has dual primary listings on the Stock Exchange of Hong Kong (2378)
and the London Stock Exchange (PRU). It also has a secondary
listing on the Singapore Stock Exchange (K6S) and a listing on the
New York Stock Exchange (PUK) in the form of American Depositary
Receipts. It is a constituent of the Hang Seng Composite Index and
is also included for trading in the Shenzhen-Hong Kong Stock
Connect programme and the Shanghai-Hong Kong Stock Connect
programme.
Prudential is not affiliated in any
manner with Prudential Financial, Inc. a company whose principal
place of business is in the United States of America, nor with The
Prudential Assurance Company Limited, a subsidiary of M&G plc,
a company incorporated in the United Kingdom.
https://www.prudentialplc.com/
Contact:
Tom Clarkson, Company Secretary, +44
(0)20 3977 9172
Sylvia Edwards , Deputy Group
Secretary, +44 (0)20 3977 9214