16 January 2025
Smiths News
PLC
Result of 2025 Annual General
Meeting
Smiths News, (LSE: SNWS), the UK's
largest news wholesaler and a leading provider of early morning
end-to-end supply chain solutions, announces that at its Annual
General Meeting (AGM) held at 11.30am today all resolutions put to the meeting
were duly passed by shareholders by way of a poll. The voting
results are shown below.
|
Resolution
|
For
|
Against
|
Withheld
|
|
No. of
votes
|
%
|
No. of
votes
|
%
|
No. of
votes
|
|
1
|
To receive the Annual Report and
Accounts for the 53-week period ended 31 August 2024
|
135,338,059
|
100.00%
|
3,031
|
0.00%
|
132,021
|
|
2
|
To approve the directors'
remuneration report for the 53-week period ended 31 August
2024
|
132,074,855
|
97.72%
|
3,082,124
|
2.28%
|
316,132
|
|
3
|
To declare a final ordinary
dividend
|
135,464,571
|
100.00%
|
3,003
|
0.00%
|
5,537
|
|
4
|
To declare a special
dividend
|
135,457,339
|
100.00%
|
3,204
|
0.00%
|
12,568
|
|
5
|
To re-elect David
Blackwood
|
129,172,982
|
95.38%
|
6,255,497
|
4.62%
|
44,632
|
|
6
|
To re-elect Jonathan
Bunting
|
134,704,407
|
99.46%
|
731,786
|
0.54%
|
36,918
|
|
7
|
To re-elect Michael Holt
|
132,494,662
|
97.83%
|
2,940,856
|
2.17%
|
37,593
|
|
8
|
To re-elect Mark
Whiteling
|
112,820,027
|
83.30%
|
22,618,491
|
16.70%
|
34,593
|
|
9
|
To re-elect Paul Baker
|
134,705,369
|
99.46%
|
730,233
|
0.54%
|
37,509
|
|
10
|
To re-elect Deborah Rabey
|
133,260,194
|
98.39%
|
2,178,324
|
1.61%
|
34,593
|
|
11
|
To re-appoint the auditor
|
135,050,838
|
99.92%
|
106,509
|
0.08%
|
315,764
|
|
12
|
To authorise the Audit Committee to
determine the auditor's remuneration
|
135,330,940
|
99.91%
|
122,833
|
0.09%
|
19,338
|
|
13
|
Authority to make political
donations
|
102,351,270
|
81.82%
|
22,749,314
|
18.18%
|
10,372,527
|
|
14
|
Authority to allot shares
|
124,658,413
|
92.11%
|
10,680,583
|
7.89%
|
134,115
|
|
15
|
Authority to partially disapply
pre-emption rights*
|
134,370,917
|
99.30%
|
953,974
|
0.70%
|
148,220
|
|
16
|
Authority to make market purchases
of ordinary shares*
|
135,223,433
|
99.83%
|
236,565
|
0.17%
|
13,113
|
|
17
|
Authority to call general meetings
(other than the AGM) on 14 clear days' notice*
|
134,671,257
|
99.43%
|
773,755
|
0.57%
|
28,099
|
|
18
|
Authority to amend the Articles of
Association*
|
124,492,629
|
99.78%
|
270,206
|
0.22%
|
10,710,276
|
* Special resolution requiring 75%
majority of those votes cast at the meeting.
Notes:
1. Percentages are rounded to
two decimal places.
2. Where shareholders appointed
the Chairman as their proxy with discretion as to voting, their
votes were cast in favour of the resolutions and have been included
in the "For" total.
3. A "vote withheld" is not a
vote in law and is not counted in the calculation of the
percentages of the votes cast for and against a
resolution.
4. The number of votes validly
cast were in respect of 135,467,574 shares, representing 54.70% of
the 247,659,200 issued share capital of the Company, being the
total number of shares in issue at 6.30pm on 15th
January 2025.
5. The full
text of all of the resolutions is set out in the Notice of AGM
dated 12 December 2024 which is available on the Company's
website. Resolutions 15, 16, 17 and 18 were special
resolutions, requiring 75% majority of those votes cast at the
meeting.
6. In accordance with Listing
Rule 9.6.2, a copy of the special business passed at the AGM, being
resolutions 14, 15, 16, 17 and 18, has been submitted to the
National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
7. The results of the AGM voting
will also be made available on the Company's website at
https://www.smithsnews.co.uk/investor-zone
