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AGM Results

PayPoint plc announces that at the Annual General Meeting held today at 1 The Boulevard, Shire Park, Welwyn Garden City, Hertfordshire AL7 1EL all resolutions were passed on based upon proxy votes received. The proxy votes received were as follows:


Resolutions

Votes For 1


%

Votes Against

%

Total Votes

% of Issued Share Capital Voted

Votes Withheld2

1. To receive the annual report and accounts for the year ended 31 March 2020

52,090,920

99.98

8,622

0.02

52,099,542

76.14%

6,019

2. To approve the directors’ remuneration policy to take effect from 24 July 2020

45,225,049

87.32

6,565,202

12.68

51,790,251

75.69%

315,310

3. To approve the directors’ remuneration report for the year ended 31 March 2020

51,777,432

99.38

321,403

0.62

52,098,835

76.14%

6,726

4. To declare a final dividend of 15.6 per ordinary share of the company for the year ended 31 March 2020

52,096,796

99.98

8,636

0.02

52,105,432

76.15%

129

5. To elect Mr Ben Wishart as a director of the company

52,049,581

99.90

54,324

0.10

52,103,905

76.15%

1,656

6. To re-elect Ms Gill Barr as a director of the company

51,983,726


99.97

121,044

0.23

52,104,770

76.15%

791

7. To re-elect Mr Giles Kerr as a director of the company

46,048,409

96.25

1,795,013

3.75

47,843,422

69.92%

4,262,139

8. To re-elect Mr Rakesh Sharma as a director of the company

51,738,060

99.30

366,710

0.70

52,104,770

76.15%

791

9. To re-elect Mr Nick Wiles as a director of the company

52,073,590

99.94

31,180

0.06

52,104,770

76.15%

791

10. To re-appoint KPMG LLP as auditor of the company

52,067,544

99.94

33,478

0.06

52,101,022

76.15%


4,539

11. To authorise the directors to determine the auditor’s remuneration

52,066,611

99.93

33,911

0.07

52,100,522

76.15%

5,039

12. To authorise the directors to allot shares

51,972,864

99.76

127,354

0.24

52,100,218

76.15%

5,343

13. To dis-apply general statutory pre-emption rights3

51,894,803

99.61

202,234

0.39

52,097,037

76.14%

8,524

14. To dis-apply additional statutory pre-emption rights3


51,894,803

99.61

202,514

0.39

52,097,317

76.14%

8,244

15. To authorise the company to make market purchases of its ordinary shares up to 10% of the issued share capital3


52,053,636

99.95

28,243

0.05

52,081,879

76.12%

23,682

16. To allow any general meeting (other than an annual general meeting) to be called on 14 days’ notice3


51,519,859

98.88

585,071

1.12

52,104,930

76.15%

631

17. To amend the PayPoint Restricted Share Plan


47,749,934

92.21

4,035,233

7.79

51,785,167

75.68%

320,394


Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions.

2 A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution. 

3 Special Resolutions requiring a 75% majority 


The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 68,417,853. 


The results will also be made available on the Company's website: http://corporate.paypoint.com/


In accordance with Listing Rule 9.6.2, copies of the resolutions that do not constitute ordinary business at an annual general meeting will be available for inspection at the National Storage Mechanism: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.


Enquiries:


Sarah Carne

Company Secretary, PayPoint plc

Tel: 01707 600300