Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and the Singapore Exchange Securities Trading Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss however arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated and registered in England and Wales under the number 01397169)
(Stock code: 2378) RESULTS OF ANNUAL GENERAL MEETING HELD ON 19 MAY 2016Prudential plc (the "Company") announces that at its Annual General Meeting ("AGM") held earlier today, Resolutions 1 to 23, as ordinary resolutions, and Resolutions 24 to 26, as special resolutions, were duly passed and the results of the polls are as follows:
RESOLUTION | VOTES | % OF | VOTES | % OF | VOTES | TOTAL | VOTES | |
FOR | VOTES | AGAINST | VOTES | CAST IN | VOTES | WITHHELD | ||
CAST | CAST | TOTAL | CAST AS | |||||
A % OF | ||||||||
ISSUED | ||||||||
SHARE | ||||||||
CAPITAL | ||||||||
1 | To receive and consider the Accounts, Strategic Report, Directors' Remuneration Report, Directors' Report and the Auditors' Report | 1,968,656,672 | 98.58 | 28,282,371 | 1.42 | 1,996,939,043 | 77.62% | 9,482,367 |
2 | To approve the Directors' Remuneration Report (other than the part containing the summary of the Directors' Remuneration Policy) | 1,714,488,665 | 92.80 | 132,967,991 | 7.20 | 1,847,456,656 | 71.81% | 159,010,106 |
3 | To elect Mr John Foley as a Director | 1,979,970,209 | 98.71 | 25,842,880 | 1.29 | 2,005,813,089 | 77.96% | 653,675 |
4 | To elect Ms Penelope James as a Director | 1,980,179,819 | 98.72 | 25,629,553 | 1.28 | 2,005,809,372 | 77.96% | 651,995 |
5 | To elect Mr David Law as a Director | 1,998,146,388 | 99.60 | 7,955,664 | 0.40 | 2,006,102,052 | 77.97% | 359,315 |
6 | To elect Lord Turner as a Director | 1,998,246,726 | 99.61 | 7,851,799 | 0.39 | 2,006,098,525 | 77.97% | 362,842 |
7 | To elect Mr Tony Wilkey as a Director | 1,979,929,664 | 98.71 | 25,863,393 | 1.29 | 2,005,793,057 | 77.96% | 668,310 |
8 | To re-elect Sir Howard Davies as a Director | 1,997,260,487 | 99.56 | 8,857,407 | 0.44 | 2,006,117,894 | 77.97% | 343,473 |
9 | To re-elect Ms Ann Godbehere as a Director | 1,971,911,158 | 98.79 | 24,212,559 | 1.21 | 1,996,123,717 | 77.58% | 9,527,650 |
10 | To re-elect Mr Paul Manduca as a Director | 1,955,957,434 | 97.90 | 41,944,468 | 2.10 | 1,997,901,902 | 77.65% | 8,559,464 |
11 | To re-elect Mr Michael McLintock as a Director | 1,979,644,087 | 98.70 | 26,153,710 | 1.30 | 2,005,797,797 | 77.96% | 663,570 |
12 | To re-elect Mr Kaikhushru Nargolwala as a Director | 1,936,657,183 | 99.55 | 8,762,097 | 0.45 | 1,945,419,280 | 75.61% | 61,042,087 |
13 | To re-elect Mr Nicolaos Nicandrou as a Director | 1,981,083,679 | 98.77 | 24,700,352 | 1.23 | 2,005,784,031 | 77.96% | 677,336 |
14 | To re-elect Mr Anthony Nightingale as a Director | 1,800,277,479 | 93.50 | 125,098,186 | 6.50 | 1,925,375,665 | 74.83% | 81,085,702 |
15 | To re-elect Mr Philip Remnant as a Director | 1,936,516,100 | 99.54 | 8,897,568 | 0.46 | 1,945,413,668 | 75.61% | 61,047,699 |
16 | To re-elect Ms Alice Schroeder as a Director | 1,996,101,423 | 99.50 | 10,015,628 | 0.50 | 2,006,117,051 | 77.97% | 344,256 |
17 | To re-elect Mr Barry Stowe as a Director | 1,979,700,582 | 98.70 | 26,100,442 | 1.30 | 2,005,801,024 | 77.96% | 660,283 |
18 | To re-elect Mr Michael Wells as a Director | 1,985,466,573 | 98.97 | 20,641,161 | 1.03 | 2,006,107,734 | 77.97% | 352,553 |
19 | To re-appoint KPMG LLP as the Company's auditor | 1,903,814,834 | 95.02 | 99,858,940 | 4.98 | 2,003,673,774 | 77.88% | 2,786,112 |
20 | To authorise the Audit Committee to determine the amount of the auditor's remuneration | 1,948,554,605 | 97.22 | 55,737,881 | 2.78 | 2,004,292,486 | 77.90% | 2,167,400 |
21 | To renew the authority to make political donations | 1,968,668,651 | 98.73 | 25,322,699 | 1.27 | 1,993,991,350 | 77.50% | 12,468,537 |
22 | To renew the authority to allot ordinary shares | 1,964,429,179 | 97.94 | 41,355,241 | 2.06 | 2,005,784,420 | 77.96% | 375,467 |
23 | To renew the extension of authority to allot ordinary shares to include repurchased shares | 1,996,839,469 | 99.54 | 9,242,807 | 0.46 | 2,006,082,276 | 77.97% | 377,611 |
24 | To renew the authority for disapplication of pre-emption rights | 1,990,696,013 | 99.23 | 15,379,168 | 0.77 | 2,006,075,181 | 77.97% | 384,706 |
25 | To renew the authority for purchase of own shares | 1,979,279,532 | 98.66 | 26,837,971 | 1.34 | 2,006,117,503 | 77.97% | 342,383 |
26 | To renew the authority in respect of notice for general meetings | 1,803,673,906 | 90.45 | 190,486,196 | 9.55 | 1,994,160,102 | 77.51% | 11,999,785 |
Alistair Johnston did not stand for re-election as a Director, and has retired from the Board with effect from the conclusion of the AGM.
As at 6.00pm on 17 May 2016, the number of issued shares of the Company was 2,572,845,622 ordinary shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. In accordance with the Company's Articles of Association, on a poll every member present in person or by proxy has one vote for every share held.
There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM. Votes withheld are not votes in law and therefore have not been counted in the calculation of the proportion of the votes for and against a resolution. Equiniti Limited was appointed as the scrutineer for vote-taking at the AGM.
Copies of all resolutions, other than those concerning ordinary business, passed at the AGM on 19 May 2016 have, pursuant to Listing Rule 9.6.2 of the UK Listing Rules, been submitted to the National Storage Mechanism and will shortly be available to view at www.hemscott.com/nsm.do
Additional Information:
Prudential plc is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.
Contact:Stefan Bort, Deputy Group Secretary +44 (0)20 7548 2115 Alan F. Porter, Group General Counsel and Company Secretary
By order of the Board Prudential plc Alan F. Porter
Group General Counsel and Company Secretary
19 May 2016, London
As at the date of this announcement, the Board of Directors of Prudential plc comprises:
Chairman
Paul Victor Falzon Sant Manduca
Executive Directors
Michael Andrew Wells (Group Chief Executive), Nicolaos Andreas Nicandrou ACA, Penelope Jane James ACA, John William Foley, Michael George Alexander McLintock, Barry Lee Stowe and Tony Paul Wilkey
Non-executive Director
David John Alexander Law ACA
Independent Non-executive Directors
Sir Howard John Davies, Ann Frances Godbehere FCPA FCGA, Kaikhushru Shiavax Nargolwala FCA, Anthony John Liddell Nightingale CMG SBS JP, The Hon. Philip John Remnant CBE ACA,
Alice Davey Schroeder and Lord Jonathan Adair Turner
* For identification purposes
Prudential plc published this content on 19 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 May 2016 14:57:02 UTC.
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