Results of the 2017 Annual General Meeting

10 May 2017

Cape plc

(“Cape” or the “Company”)

Results of the 2017 Annual General Meeting

Cape plc (CIU.LN), an international leader in the provision of critical industrial services to the energy and natural resources sectors, announces that at its Annual General Meeting held earlier today, all the resolutions put to shareholders were duly passed on a poll.

Full details of the resolutions passed, together with explanatory notes, are set out in Notice of Meeting which is available on the Company’s website www.capeplc.com.

Resolutions

For

Against

Votes Withheld

(Note 1)

Total

Number

%

Number

%

1. To receive and adopt the audited financial statements of the Company for the financial year ended 31 December 2016 together with the report of the directors and auditors thereon.

86,632,541

100.00%

2,000

0.00%

349,686

86,984,227

2. To declare the final dividend of 2.5 pence per Ordinary Share.

 

86,966,877

99.98%

17,000

0.02%

350

86,984,227

3. To approve the Directors’ Remuneration Report of Cape plc for the year ended 31 December 2016.

 

86,014,643

98.89%

968,534

1.11%

1,050

86,984,227

4. To re-appoint Tim Eggar as a director.

86,587,600

99.55%

390,837

0.45%

5,790

86,984,227

5. To re-appoint Steve Good as a director.

86,741,402

99.73%

237,035

0.27%

5,790

86,984,227

6. To re-appoint Brian Larcombe as a director.

86,725,402

99.71%

253,035

0.29%

5,790

86,984,227

7. To re-appoint Michael Merton as a director.

86,740,402

99.73%

238,035

0.27%

5,790

86,984,227

8. To re-appoint Joe Oatley as a director.

86,525,655

99.48%

452,782

0.52%

5,790

86,984,227

9. To re-appoint Mary Reilly as a director.

86,253,572

99.17%

724,865

0.83%

5,790

86,984,227

10. To re-appoint Michael Speakman as a director.

86,316,063

99.24%

662,374

0.76%

5,790

86,984,227

11. To re-appoint Ernst & Young LLP as auditors of the Company.

86,979,745

100.00%

4,132

0.00%

350

86,984,227

12. To authorise the Directors to determine the auditors’ remuneration.

86,981,877

100.00%

2,000

0.00%

350

86,984,227

13. To authorise the Directors to allot equity securities pursuant to the articles of association of the Company.

86,691,433

99.66%

292,343

0.34%

451

86,984,227

14. To extend the existing Remuneration Policy by one year.

 

84,703,548

97.38%

2,278,528

2.62%

2,151

86,984,227

15. To authorise the Directors to allot equity securities for cash disapplying pre-emption rights in the Company’s articles of association.

 

86,970,684

99.99%

4,693

0.01%

8,850

86,984,227

16. To authorise the Company to purchase its own shares. (Note 2)

 

328,686,224

99.88%

401,710

0.12%

104,167

329,192,101

 

Note 1: A “Vote Withheld” is not a vote in law and is not counted in the calculation of the proportion of the votes “For” and “Against” a resolution and is not reflected in the total figures set out above.

Note 2: Votes for resolution 16 include 242,207,874 votes attributable to the 1 scheme share of £1 held by The Law Debenture Trust Corporation p.l.c.

In accordance with Listing Rule 9.6.2, Cape plc has lodged copies of resolutions 15 and 16, which were passed at the Annual General Meeting to the National Storage Mechanism, which will shortly be available for inspection at www.hemscott.com/nsm.do.

Enquiries:

Cape plc

Richard Allan, General Counsel and Company Secretary            
Tel: +44 (0) 1895 459 988

About Cape:

Cape (www.capeplc.com), which is premium listed on the main market of the London Stock Exchange, is an international leader in the provision of critical industrial services principally to the energy and natural resources sectors. Our multi-disciplinary service offering includes access, insulation, engineering and specialist coatings and fireproofing, environmental services, heat exchanger replacement and refurbishment, storage tanks and refractory. In 2016, Cape employed c.16,100 people working across 23 countries and reported revenue of £863.5 million.

For further information about Cape, please visit our website www.capeplc.com

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