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RNS Number : 6605T
AVEVA Group PLC
21 July 2020
 

AVEVA Group plc (the "Company")

 

2020 Annual General Meeting Results

 

At the Company's Annual General Meeting held at 11.00 a.m. today, Tuesday 21 July 2020, all of the resolutions put to the meeting were passed on a poll vote. The results are set out below.

The full text of all the resolutions can be found in the Notice of Annual General Meeting which is available for viewing at the National Storage Mechanism which can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and from the Company's website  www.aveva.com. 

 


In Favour (including Discretionary)

Against

Total Votes Cast

Votes Withheld

Resolution

No. of Votes

% of Votes

No. of Votes

% of Votes

No. of Votes

% of issued share capital voted

No. of Votes

1.     To receive the annual accounts of the Company and the reports of the Directors for the financial year ended 31 March 2020 together with the auditor's reports thereon.

143,722,612

 

95.11%

 

7,388,387

 

4.89%

 

151,110,999

 

93.56%

 

27,298

 

2.     To approve the Directors' Remuneration Report (other than the part containing the Directors' Remuneration Policy) for the financial year ended on 31 March 2020 as set out on pages 80 to 86 and 86 to 108 of the Annual Report and Accounts 2020.

139,482,063

 

93.23%

 

10,128,590

 

6.77%

 

149,610,653

 

92.63%

 

1,527,644

 

3.     To approve the Directors'    Remuneration Policy, which is contained in the Director's Remuneration Report, as set out on pages 87 to 95 of the Annual Report and Accounts 2020.

133,179,299

88.45%

17,397,282

11.55%

150,576,581

93.23%

561,717

4.     To approve the amendment to the rules of the AVEVA Group Long Term Incentive Plan 2014.

134,446,223

89.29%

16,128,447

10.71%

150,574,670

93.23%

563,628

5.     To declare a final dividend of 29 pence per ordinary share in respect of the year ended 31 March 2020 to shareholders on the register of members at close of business on 10 July 2020 payable on 11 August 2020.

151,131,690

99.99%

46

0.01%

151,131,736

93.57%

6,562

6.     To approve an all employee share plan scheme.

151,009,328

99.92%

128,247

0.08%

151,137,575

93.58%

723

7.     To elect Olivier Blum as a Director of the Company.

136,815,890

90.61%

14,181,689

9.39%

150,997,579

93.49%

140,718

8.     To re-elect Craig Hayman as a Director of the Company.

149,718,409

99.07%

1,410,744

 

0.93%

 

151,129,153

 

93.57%

 

9,145

 

9.     To re-elect Peter Herweck as Director of the Company.

148,434,891

 

98.22%

 

2,694,262

 

1.78%

 

151,129,153

 

93.57%

 

9,145

 

10.   To re-elect Philip Aiken as a Director of the Company.

141,344,795

 

94.83%

 

7,699,398

 

5.17%

 

149,044,193

 

92.28%

 

2,094,105

 

11.   To re-elect James Kidd as a Director of the Company.

149,054,311

98.63%

2,074,842

1.37%

151,129,153

93.57%

 

9,145

 

12.   To re-elect Jennifer Allerton as a Director of the Company.

143,778,166

 

95.14%

 

7,346,919

 

4.86%

 

151,125,085

 

93.57%

 

13,212

 

13.   To re-elect Christopher Humphrey as a Director of the Company.

142,187,066

 

94.08%

 

8,942,087

 

5.92%

 

151,129,153

 

93.57%

 

9,145

 

14.   To re-elect Ron Mobed as a Director of the Company.

145,625,455

 

96.36%

 

5,503,698

 

3.64%

 

151,129,153

 

93.57%

 

9,145

 

15.   To re-elect Paula Dowdy as a Director of the Company.

145,871,013

 

96.52%

 

5,259,141

 

3.48%

 

151,130,154

 

93.57%

 

8,144

 

16.   To reappoint Ernst & Young LLP as auditor of the Company.

148,465,051

 

98.24%

 

2,664,434

 

1.76%

 

151,129,485

 

93.57%

 

8,812

 

17.   To authorise the Directors to fix the remuneration of the auditor.

150,226,754

99.40%

904,981

0.60%

151,131,735

                 

93.57%

 

6,562

 

18.   To authorise the Company to make market purchases pursuant to Section 701 of the Companies Act 2006.

150,459,096

 

99.61%

 

587,976

 

0.39%

 

151,047,072

 

93.52%

 

91,225

 

19.   To authorise the Directors to allot securities pursuant to Section 551 of the Companies Act 2006.

147,639,173

 

97.69%

 

3,496,962

 

2.31%

 

151,136,135

 

93.58%

 

2,163

 

20.   To empower the Directors to allot equity securities pursuant to Section 570 and 573 of the Companies Act 2006.

151,131,458

 

99.99%

 

4,677

 

0.01%

 

151,136,135

 

93.58%

 

2,163

 

21.   To allow 14 days' notice of general meetings.

145,577,203

 

96.33%

 

5,552,223

 

3.67%

 

151,129,426

 

93.57%

 

8,872

 

 

The total number of shares in issue at the voting date is 161,512,228.  A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of votes for and against the resolution.

Votes of Independent Shareholders (i.e. shareholders excluding the controlling shareholder, Schneider Electric SE) on the resolutions concerning the election and re-election of the independent non-executive directors


In Favour (including Discretionary)

Against

Total Votes Cast

Votes Withheld

Resolution

No. of Votes

% of Votes

No. of Votes

% of Votes

No. of Votes

% of Independent issued share capital voted

No. of Votes

12.   To re-elect Jennifer Allerton as a Director of the Company.

46,608,511

86.38

7,346,919

13.62

53,955,430

83.86

13,212

13.   To re-elect Christopher Humphrey as a Director of the Company.

45,017,411

83.43

8,942,087

16.57

53,959,498

83.86

9,145

14.   To re-elect Ron Mobed as a Director of the Company.

48,455,800

89.80

5,503,698

10.20

53,959,498

83.86

9,145

15.   To re-elect Paula Dowdy as a Director of the Company.

48,701,358

90.25

5,259,141

9.75

53,960,499

83.86

8,144

 

The total number of shares held by independent shareholders, excluding the controlling shareholder, in issue at the voting date is 64,342,573.

The votes shown in the first table above for each independent director include those of the controlling shareholder.  In the second table above, the controlling shareholder is not included.

 

Enquiries:

AVEVA Group plc

 

David Ward, Finance Director and Company Secretary

+44 (0)1223 556655

Matt Springett, Head of Investor Relations

+44 (0)1223 556676

FTI Consulting LLP

 

Edward Bridges/Dwight Burden

+44 (0) 20 3727 1000

 


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