AGM 2013 Poll Results
This included resolutions: to allow the payment of political donations; to allow general meetings other than AGMs to be called on 14 days’ notice; and a general authority to make market purchases for up to 10% of its own shares.
The board has no present intention of utilising the authority to buy back shares, which has been renewed in accordance with common business practice.
The results of the poll on the resolutions put before the AGM are:
Resolution |
For |
% |
Against |
Percent |
Withheld* |
Total votes
|
|---|---|---|---|---|---|---|
|
1. To receive the financial statements and reports of directors and auditor |
902,544,984 |
>99.99 |
31,378 |
<0.01 |
979,418 |
903,555,780 |
|
2.To approve the remuneration report |
686,075,798 |
78.42 |
188,749,658 |
21.58 |
28,733,156 |
903,558,612 |
|
3. To confirm and declare the dividend |
901,642,155 |
99.90 |
927,669 |
0.10 |
979,788 |
903,549,612 |
|
4. To elect Ashley Almanza as a director |
901,271,321 |
99.87 |
1,196,038 |
0.13 |
1,064,148 |
903,531,507 |
|
5. To elect John Connolly as a director |
893,637,484 |
99.56 |
3,946,422 |
0.44 |
5,953,241 |
903,537,147 |
|
6. To elect Adam Crozier as a director |
901,528,068 |
99.89 |
986,486 |
0.11 |
1,021,782 |
903,536,336 |
|
7. To elect Paul Spence as a director |
901,314,190 |
99.90 |
902,563 |
0.10 |
1,319,420 |
903,536,173 |
|
8. To elect Tim Weller as a director |
901,573,818 |
99.90 |
923,581 |
0.10 |
1,037,671 |
903,535,070 |
|
9. Not put to the meeting |
|
|
|
|
|
|
|
10. To re-elect Mark Elliott as a director |
896,552,352 |
99.34 |
5,954,809 |
0.66 |
1,035,569 |
903,542,730 |
|
11. To re-elect Winnie Fok as a director |
895,885,680 |
99.26 |
6,647,438 |
0.74 |
1,009,612 |
903,542,730 |
|
12. To re-elect Grahame Gibson as a director |
901,552,019 |
99.89 |
971,196 |
0.11 |
1,020,326 |
903,543,541 |
|
13. To re-elect Mark Seligman as a director |
901,442,152 |
99.88 |
1,038,770 |
0.12 |
1,061,972 |
903,542,894 |
|
14. To re-elect Clare Spottiswoode as a director |
894,822,662 |
99.69 |
2,779,086 |
0.31 |
5,940,654 |
903,542,402 |
|
15. To re-appoint KMPG as auditor |
901,222,704 |
99.99 |
126,535 |
0.01 |
2,194,895 |
903,544,134 |
|
16. To authorise the directors to determine the auditor’s remuneration |
901,256,713 |
99.99 |
82,393 |
0.01 |
2,205,839 |
903,544,945 |
|
17. To authorise the directors to allot shares up to a specified amount |
879,845,403 |
97.66 |
21,116,072 |
2.34 |
2,596,747 |
903,558,222 |
|
18. Special resolution to give authority to directors to disapply statutory pre-emption rights |
895,981,490 |
99.46 |
4,833,402 |
0.54 |
2,740,795 |
903,555,687 |
|
19. Special resolution to give limited authority for the purchase of its own shares by the company |
902,367,569 |
99.98 |
154,907 |
0.02 |
1,035,935 |
903,558,411 |
|
20. Authority to make political donations and incur political expenditure |
891,892,884 |
99.40 |
5,343,320 |
0.60 |
6,319,757 |
903,555,961 |
|
21. Special resolution to authorise the calling of general meetings (excluding Annual General Meetings) on 14 days’ notice |
859,117,983 |
95.19 |
43,426,120 |
4.81 |
1,011,857 |
903,555,960 |
The percentage of issued share capital which was voted was 64%**.
* Votes withheld are not votes in law and are not counted in the calculation of the proportion of the votes for and against a resolution.
**Total voting rights of the shares in issue: 1,410,668,639. Every shareholder has one vote for every ordinary share held.
Responses to questions asked at 2013 AGM
The following question was asked at the 2013 AGM and, since a full answer could not be given immediately, it was agreed that an answer would be given after the meeting once research had been undertaken:
Q – Does the company pay at least the UK and London “living wage” to its UK employees and those who work providing services to G4S at its premises in the UK?
A – We comply with the law so far as pay rates are concerned. Around 70% of G4S employees in the UK receive more than the current London Living Wage of £8.55 per hour or UK living wage of £7.45 per hour depending on where they are located. We do not currently have similar information available regarding our contractors, but we are looking into ways of capturing this information in the future.
As an organisation G4S strives to provide competitive pay and, despite tough economic conditions worldwide, remains committed to driving up standards, be it pay or working conditions, in the security industry.
G4S has strong partnerships with several trade unions in the UK and has worked in partnership with the GMB for over 40 years. Last year GMB General Secretary Paul Kenny said that G4S are “significantly better employers than others in the business” and “has professionalised the industry, urging other providers to get staff qualified, and raise wages.”