24 July 2014
PayPoint plc (Company) AGM and Trading Statement
PayPoint plc announces that at the Annual General Meeting held yesterday all resolutions were passed on a show of hands. The proxy position at the close of books at 12:00 on 21 July 2014 is set out below.
+--+---------------------------------------------+----------+---------+--------+ | |Resolutions | For| Against|Withheld| +--+---------------------------------------------+----------+---------+--------+ |1 |To receive the annual accounts and reports |59,342,932| 279,804| 197,521| | |for the financial year ended 31 March 2014. | | | | +--+---------------------------------------------+----------+---------+--------+ |2 |To approve the directors' remuneration report|59,613,591| 136,962| 69,704| | |(excluding the directors' remuneration policy| | | | | |set out on pages 34 to 37 of the report) for | | | | | |the financial year ended 31 March 2014, as | | | | | |set out on pages 25 to 41 of the company's | | | | | |annual report and accounts for the year ended| | | | | |31 March 2014. | | | | +--+---------------------------------------------+----------+---------+--------+ |3 |To approve the directors' remuneration |58,346,532|1,380,271| 93,453| | |policy, the full text of which is contained | | | | | |in the directors' remuneration report for the| | | | | |financial year ended 31 March 2014, as set | | | | | |out on pages 25 to 41 of the company's annual| | | | | |report and accounts. | | | | +--+---------------------------------------------+----------+---------+--------+ |4 |To declare a final dividend of 23.9 pence per|59,751,588| 0| 68,669| | |ordinary share of the company. | | | | +--+---------------------------------------------+----------+---------+--------+ |5 |To elect Mr Warren Tucker as a director. |59,747,381| 3,487| 69,389| +--+---------------------------------------------+----------+---------+--------+ |6 |To re-elect Mr Eric Anstee as a director. |59,605,626| 121,212| 93,418| +--+---------------------------------------------+----------+---------+--------+ |7 |To re-elect Mr George Earle as a director. |59,750,868| 0| 69,389| +--+---------------------------------------------+----------+---------+--------+ |8 |To re-elect Mr David Morrison as a director. |59,747,381| 3,487| 69,389| +--+---------------------------------------------+----------+---------+--------+ |9 |To re-elect Mr Stephen Rowley as a director. |59,750,268| 800| 69,189| +--+---------------------------------------------+----------+---------+--------+ |10|To re-elect Mr Dominic Taylor as a director. |59,750,868| 0| 69,389| +--+---------------------------------------------+----------+---------+--------+ |11|To re-elect Mr Tim Watkin-Rees as a director.|59,750,868| 0| 69,389| +--+---------------------------------------------+----------+---------+--------+ |12|To re-elect Mr Nick Wiles as a director. |59,750,268| 800| 69,189| +--+---------------------------------------------+----------+---------+--------+ |13|To re-appoint Deloitte LLP as auditor of the |57,406,039|2,308,027| 106,190| | |company. | | | | +--+---------------------------------------------+----------+---------+--------+ |14|To authorise the directors to determine the |57,730,073|2,008,023| 82,160| | |auditor's remuneration until the conclusion | | | | | |of the next annual general meeting of the | | | | | |company at which the accounts are laid. | | | | +--+---------------------------------------------+----------+---------+--------+ |15|ORDINARY RESOLUTION: To authorise the |59,680,173| 70,915| 69,169| | |directors to allot shares in accordance with | | | | | |Section 551 of the Companies Act 2006. | | | | +--+---------------------------------------------+----------+---------+--------+ |16|SPECIAL RESOLUTION: To disapply statutory |59,712,147| 38,941| 69,169| | |pre-emption rights in accordance with Section| | | | | |570 of the Companies Act 2006. | | | | +--+---------------------------------------------+----------+---------+--------+ |17|SPECIAL RESOLUTION: To authorise the company |59,010,048| 741,340| 68,869| | |to make market purchases of its ordinary | | | | | |shares up to 14.99% of the issued share | | | | | |capital. | | | | +--+---------------------------------------------+----------+---------+--------+ |18|SPECIAL RESOLUTION: To allow any general |59,041,505| 710,083| 68,669| | |meeting (other than an annual general | | | | | |meeting) to be called on 14 days' notice. | | | | +--+---------------------------------------------+----------+---------+--------+ |19|ORDINARY RESOLUTION: To adopt the LTIP. |58,184,275|1,566,592| 69,389| +--+---------------------------------------------+----------+---------+--------+ |20|ORDINARY RESOLUTION: To adopt the DABP. |59,464,126| 286,942| 69,189| +--+---------------------------------------------+----------+---------+--------+ |21|ORDINARY RESOLUTION: To adopt the SIP. |59,592,978| 157,890| 69,389| +--+---------------------------------------------+----------+---------+--------+ |22|SPECIAL RESOLUTION: To adopt the articles of |59,742,998| 0| 77,259| | |association of the company. | | | | +--+---------------------------------------------+----------+---------+--------+
The appointment of Neil Carson as non-executive director took effect from the conclusion of the annual general meeting following the retirement of Andrew Robb. Warren Tucker has succeeded David Newlands as Chairman of the Company.
Trading Update PayPoint released an interim management statement on 23 July 2014 which has been published on its website www.paypoint.com.
Enquiries PayPoint plc Susan Court 01707 600300
Finsbury Charlotte Whitley 020 7251 3801
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Source: PayPoint plc via GlobeNewswire [HUG#1837170]
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