Annual General Meeting (AGM)

The Group’s AGM was held on 5 June 2020. Please read a letter from the Chairman about the arrangements for this meeting. Documentation for this and from previous AGMs can be found below.

The Group made arrangements for the 2020 AGM to be webcast live, giving shareholders the opportunity to view and listen to the AGM presentation together with directors’ responses to questions communicated to the Company in advance of the meeting. 

Resolution 10 on the notice of meeting, authorising the Company to make market purchases of its shares, was not passed at the AGM on 5 June 2020. This was a special resolution requiring a majority of 75% of those voting. Of the votes cast against this resolution, 99.8% were cast by the Group’s largest shareholder. In consequence, the Company’s share buyback programme ceased with immediate effect. The Group subsequently arranged consultation with the largest shareholder at a senior level, resulting in a detailed discussion of the reasons for the vote. The Group’s board will consider whether to reintroduce the resolution at the next AGM.