Ashtead Group PLC

AGM Statement  

 

4 September 2024

 

ASHTEAD GROUP PLC

("Ashtead" or the "Company")

 

AGM Statement & Results

 

AGM Statement & Results

 

At the Annual General Meeting ("AGM") of the Company held on 4 September 2024 at 11:30am, all resolutions put to shareholders were duly passed on a poll with the required majorities. The full text of each resolution is contained in the Notice of Annual General Meeting. [Resolutions 1 to 17 were passed as ordinary resolutions. Resolutions 18 - 21 were passed as special resolutions.]

 

As at 18:30 (UK time) on 3 September 2024, the number of voting shares of the Company was 437,298,807 ordinary shares, which was the total number of shares entitling the holders to attend and vote 'for' or 'against' all 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.

 

 

ORDINARY RESOLUTIONS

Votes for (including discretionary votes)

% Votes for *

Votes against

% Votes against

Total no. of votes validly cast

% of Issued Share Capital voted

Votes

withheld **

1. 

That the accounts for the year ended 30 April 2024, the directors' report and the auditors' report be adopted.

 

319,960,902

99.94

176,104

0.06

320,137,006

73.21%

1,729,414

2. 

That the directors' remuneration report for the year ended 30 April 2024 be approved.

 

315,461,099

98.02

6,365,837

1.98

321,826,936

73.59%

39,483

3.

That the directors' remuneration policy set out in the Annual Report be approved

 

199,333,758

63.20

116,067,153

36.80

315,400,911

72.12%

6,465,508

4.

That the final dividend recommended by the directors of 89.25 US cents

per ordinary share for the year ended 30 April 2024 be declared payable on 10 September 2024 to holders of ordinary shares registered at the close of business on 9 August 2024.

 

321,753,141

99.97

94,135

0.03

321,847,276

73.60%

19,144

5.

That Paul Walker be re-elected as a director.

 

305,384,443

94.89

16,443,749

5.11

321,828,192

73.59%

38,228

6. 

 

That Brendan Horgan be re-elected as a director.

 

321,828,217

99.99

16,145

0.01

321,844,362

73.60%

22,058

7. 

That Michael Pratt be re-elected as a director.

 

319,425,228

99.25

2,402,970

0.75

321,828,198

73.59%

38,222

8. 

That Angus Cockburn be re-elected as a director.

312,819,928

97.20

9,009,864

2.80

321,829,792

73.59%

36,628

9. 

That Lucinda Riches be re-elected as a director.

 

276,916,470

86.04

44,913,099

13.96

321,829,569

73.59%

36,849

10. 

That Tanya Fratto be re-elected as a director.

 

313,512,063

97.42

8,317,729

2.58

321,829,792

73.59%

36,628

11.

That Jill Easterbrook re-elected as a director.

 

312,704,023

97.16

9,125,769

2.84

321,829,792

73.59%

36,628

12.

That Renata Ribeiro be elected as a director.

 

312,371,694

97.41

8,295,613

2.59

320,667,307

73.33%

1,199,113

13.

That Roy Twite be elected as a director.

 

320,325,295

99.89

344,019

0.11

320,669,314

73.33%

1,197,106

14. 

That PwC be appointed as auditor of the Company.

 

320,574,604

99.61

1,246,511

0.39

321,821,115

73.59%

45,305

15.

That the audit committee be authorised to agree the remuneration of the auditor of the Company.

321,760,060

99.98

73,929

0.02

321,833,989

73.60%

32,431

16.

Approval of the amendment to the rules of the Ashtead Group Long-Term Incentive Plan 2021

 

197,073,349

62.49

118,317,407

37.51

315,390,756

72.12%

6,475,663

17.

That the directors are authorised to allot the shares under section 551 (1) (a) and (b) of the Companies Act 2006.

 

310,490,547

96.47

11,345,471

3.53

321,836,018

73.60%

30,402

 

 

SPECIAL RESOLUTIONS

 

Votes for (including discretionary votes)

% Votes for *

Votes against

% Votes against

Total no. of votes validly cast

% of Issued Share Capital voted

Votes

withheld **