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RESULTS OF ANNUAL GENERAL MEETING 2024
STV Group plc (the 'Company')
announces that, at the Annual General Meeting held earlier today,
all resolutions were duly passed by the Company's shareholders on a
poll. The results of the poll are shown in the table
below.
Votes 'For' and 'Against' are
expressed as a percentage of the total votes received. A
'Vote withheld' is not treated as a vote in law and would not be
counted in the calculation of the proportion of the votes cast
'For' or 'Against' a resolution.
Resolutions 1 to 15 (inclusive) were
proposed as Ordinary Resolutions and resolutions 16 and 17 as
Special Resolutions. The current
issued share capital of the Company consists of 46,722,499 ordinary
shares of 50 pence, carrying one vote each.
The Board
notes that more than 20% of shareholders voted against four of the
other resolutions. All voting outcomes will be discussed
through ongoing dialogue with shareholders.
In accordance with the Listing Rule
9.6.2 copies of the resolutions that do not constitute ordinary
business at an annual general meeting will be submitted to the
National Storage Mechanism and will shortly be available for
inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Copies of announcements are
available on the Company's website www.stvplc.tv
Eileen Malcolmson
Company Secretary
1 May 2024
|
Resolution
|
For
|
Against
|
Total
|
|
Withheld
|
|
|
No. of
Votes
|
% of Vote
|
No. of
Votes
|
% of Vote
|
No. of
Votes
|
% of ISC
Voted
|
No. of
Votes
|
|
1.To receive the Annual Report and
Financial Statements for the year ended 31 December 2023
|
38,769,724
|
100.00
|
598
|
0.00
|
38,770,322
|
82.98%
|
726
|
|
2. To approve the Directors'
Remuneration Policy
|
28,524,910
|
73.57
|
10,245,179
|
26.43
|
38,770,089
|
82.98%
|
1,129
|
|
3.To approve the Directors' Annual
Report on Remuneration for the year ended 31 December
2023
|
27,343,506
|
74.11
|
9,552,549
|
25.89
|
36,896,055
|
78.97%
|
1,874,914
|
|
4.To declare a final dividend of 7.4p
per ordinary share in respect of the year ended 31 December
2023
|
38,769,756
|
100.00
|
829
|
0.00
|
38,770,585
|
82.98%
|
633
|
|
5. To elect Naomi Climer CBE as a
Director of the Company
|
29,495,153
|
76.08
|
9,275,201
|
23.92
|
38,770,354
|
82.98%
|
864
|
|
6. To re-elect Paul Reynolds as a
Director of the Company
|
38,594,784
|
99.55
|
174,570
|
0.45
|
38,769,354
|
82.98%
|
1,864
|
|
7.To re-elect Simon Pitts as a
Director of the Company
|
38,767,687
|
100.00
|
1,667
|
0.00
|
38,769,354
|
82.98%
|
1,864
|
|
8.To re-elect Lindsay Dixon as a
Director of the Company
|
38,768,137
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100.00
|
1,217
|
0.00
|
38,769,354
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82.98%
|
1,864
|
|
9. To re-elect Simon Miller as a
Director of the Company
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38,595,374
|
99.55
|
174,780
|
0.45
|
38,770,154
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82.98%
|
1,064
|
|
10.To re-elect David Bergg as a
Director of the Company
|
38,768,487
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100.00
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1,667
|
0.00
|
38,770,154
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82.98%
|
1,064
|
|
11. To re-elect Aki Mandhar as a
Director of the Company
|
38,768,487
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100.00
|
1,667
|
0.00
|
38,770,154
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82.98%
|
1,064
|
|
12. To re-appoint Deloitte LLP as the
auditor of the Company
|
38,769,004
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100.00
|
855
|
0.00
|
38,769,859
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82.98%
|
1,359
|
|
13. To authorise the Audit and Risk
Committee to determine the remuneration of the auditor
|
38,769,261
|
100.00
|
598
|
0.00
|
38,769,859
|
82.98%
|
1,359
|
|
14. To approve the amendments to the
rules of the STV Group plc Long Term Incentive Plan
|
29,222,946
|
75.38
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9,546,385
|
24.62
|
38,769,331
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82.98%
|
1,887
|
|
15. To approve the amendment to the
rules of the STV Group plc Sharesave Scheme
|
38,768,219
|
100.00
|
1,112
|
0.00
|
38,769,331
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82.98%
|
1,887
|
|
16. To permit the Company to purchase
its own shares
|
38,498,321
|
99.30
|
272,038
|
0.70
|
38,770,359
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82.98%
|
859
|
|
17. That the Company be entitled to
hold general meetings of the Company on the provision of 14 clear
days' notice
|
38,711,349
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99.85
|
58,710
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0.15
|
38,770,059
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82.98%
|
1,159
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