There were 7 ordinary resolutions and one special resolution voted upon.
The Company is pleased to declare the outcome of the AGM.
Each of the resolutions was approved by shareholders with record levels of support. The Board is delighted and grateful to supporters for their continued backing of the Directors themselves and the direction of the Club.
Resolution 1
“THAT the Company’s audited Financial Statements, the Director’s Report and the Strategic Report for the financial year ended 30 June 2019 together with the Auditors Report be received and adopted.”
For – 204,525,258 (100%) Percentages are shown to the nearest decimal place
Against – 2,143 (0%)
Total votes cast on the Resolution was 204,527,401. This represents 78.5% of the Company’s issued share capital.
Resolution 2
“THAT Graeme Park, who retires and offers himself for re-appointment in accordance with the Company’s Articles of Association, be re-appointed as a Director of the Company.
For – 204,239,977 (99.9%)
Against –239,685 (0.1%)
Total votes cast on the Resolution was.204,479,662 This represents 78.5% of the Company’s issued share capital.
Resolution 3
“THAT John Bennett who retires and offers himself for re-appointment in accordance with the Company’s Articles of Association, be re-appointed as a Director of the Company.”
For – 204,521,401(100%)
Against –4,500 (0%)
Total votes cast on the Resolution was 204,525,901 This represents 78.5% of the Company’s issued share capital.
Resolution 4
“THAT Alastair Johnston, who retires and offers himself for re-appointment in accordance with the Company’s Articles of Association, be re-appointed as a Director of the Company.”
For – 204,504,404 (100%)
Against – 20,783 (0%)
Total votes cast on the Resolution was 204,525,187. This represents 78.5% of the Company’s issued share capital.
Resolution 5
“THAT Campbell Dallas Audit Services be re-appointed as auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company before which audited statements of the Company are laid”
For – 204,516,544 (100%)
Against – 4,215 (0%)
Total votes cast on the Resolution was 204,520,759. This represents 78.5% of the Company’s issued share capital.
Resolution 6
“THAT the Directors be authorised to determine the remuneration of the Company’s auditors.”
For – 204,522,291 (100%)
Against – 5,571 (0%)
Total votes cast on the Resolution was 204,527,862. This represents 78.5% of the Company’s issued share capital.
Resolution 7
“THAT the Directors be and are hereby generally and unconditionally authorised in accordance with section 551 of the Companies Act 2006 (the “Act”) to allot equity securities (as defined in section 560(1) of the Act) up to an aggregate nominal amount of £1,000,000 and such authority shall expire at the conclusion of the Company’s next Annual General Meeting in 2020, but so that the Company may before such expiry make an offer or agreement which would or might require equity securities to be allotted after such expiry and the Directors may allot equity securities in pursuance of any such offer or agreement as if the power conferred hereby had not expired. This authority shall be in substitution for any previous authorities granted in this regard by the Company, but without prejudice to any allotment of equity securities or grant of rights already made, offered or agreed to be made pursuant to such authorities.”
For – 204,295,577(99.9%)
Against – 226,925 (0.1%)
Total votes cast on the Resolution was 204,522,502. This represents 78.5% of the Company’s issued share capital.
SPECIAL BUSINESS
Resolution 8
RESOLUTION
“THAT the Directors be and they are empowered pursuant to Section 570(1) of the Act to allot equity securities (as defined in Section 560(1) of the Act) of the Company wholly for cash pursuant to the authority of the Directors under Section 551 of the Act conferred by Resolution 7 above, as if Section 561(1) of the Act did not apply to such allotment provided that unless previously revoked, varied or extended, this power shall expire at the conclusion of the Company’s next Annual General Meeting in 2020, except that the Company may before the expiry of this power make an offer or agreement which would or might require equity securities to be allotted after such expiry and the Directors may allot equity securities in pursuance of such an offer or agreement as if this power had not expired.”
For – 204, 453,627(100%)
Against – 40,359 (0%)
Total votes cast on the Resolution was 204,493,986. This represents 78.5 % of the Company’s issued share capital.