Hamilton, Bermuda —12 April 2019: – In a filing with the Bermuda Stock Exchange (“BSX”), HSBC Holdings plc (Ticker: HSBC BH) announces Poll results of 2019 Annual General Meeting and Changes to Board and Committee Composition. The full filing stated the following;
1. Poll Results
Following its Annual General Meeting (“AGM”) held today, HSBC Holdings plc (the “Company”) announces the results of the poll vote for each of the resolutions set out in the Notice of AGM.
Resolutions 1 to 8, 11, 13 and 15 were passed as ordinary resolutions and resolutions 9, 10, 12, 14 and 16 were passed as special resolutions.
In line with the Board’s recommendation, resolution 17 was not passed.
The following table shows the votes cast on each resolution:
|
|
VOTES |
% OF |
VOTES |
% OF |
VOTES |
% of |
VOTES |
|
|
FOR |
VOTES |
AGAINST |
VOTES |
TOTAL |
ISC |
WITHHELD |
|
|
|
CAST |
|
CAST |
|
VOTED* |
|
|
|
|
|
|
|
|
|
|
1. To receive the Annual |
|
|
|
|
|
|
|
|
|
Report and Accounts 2018 |
9,674,201,216 |
99.01 |
96,825,219 |
0.99 |
9,771,026,435 |
48.29% |
60,936,044 |
2. To approve the Directors’ |
|
|
|
|
|
|
|
|
|
Remuneration Report |
9,474,837,851 |
96.81 |
312,644,682 |
3.19 |
9,787,482,533 |
48.37% |
44,564,150 |
3. |
To approve the Directors’ |
|
|
|
|
|
|
|
|
Remuneration Policy |
9,525,856,097 |
97.36 |
258,383,075 |
2.64 |
9,784,239,172 |
48.35% |
47,468,297 |
4. |
(a) To elect Ewen Stevenson |
|
|
|
|
|
|
|
|
as a Director |
9,755,977,676 |
99.68 |
31,795,917 |
0.32 |
9,787,773,593 |
48.37% |
44,140,004 |
4. (b) To elect José Antonio |
|
|
|
|
|
|
|
|
|
Meade as a Director |
9,778,410,299 |
99.91 |
9,233,057 |
0.09 |
9,787,643,356 |
48.37% |
44,375,808 |
4. |
(c) To re-elect Kathleen |
|
|
|
|
|
|
|
|
Casey as a Director |
9,780,494,217 |
99.92 |
7,509,360 |
0.08 |
9,788,003,577 |
48.37% |
44,025,601 |
4. |
(d) To re-elect Laura Cha as |
|
|
|
|
|
|
|
|
a Director |
9,677,746,516 |
99.70 |
29,510,137 |
0.30 |
9,707,256,653 |
47.97% |
124,359,058 |
4. |
(e) To re-elect Henri de |
|
|
|
|
|
|
|
|
Castries as a Director |
9,774,439,657 |
99.86 |
13,517,926 |
0.14 |
9,787,957,583 |
48.37% |
44,071,950 |
HSBC Holdings plc
Registered Office and Group Head Office:
8 Canada Square, London E14 5HQ, United Kingdom
Web: www.hsbc.com
Incorporated in England with limited liability. Registered in England: number 617987
* based on total issued share capital (the “ISC”) (excluding 325,273,407 ordinary shares held in treasury) as at 12.01am (London time) on Thursday 11 April 2019.
Lord Evans of Weardale retired from the Board at the conclusion of the AGM. For the purposes of section 430(2B) of the Companies Act 2006, he will receive his pro-rata entitlement to non-executive director fees for the month of April 2019 and is not entitled to any payments for loss of office.
As a consequence of Lord Evans’ retirement from the Board, Jackson Tai has been appointed as the Chair, and Kathleen Casey has been appointed as a member, of the Financial System Vulnerabilities Committee with effect from the conclusion of the AGM.
3. Other
- Computershare Investor Services PLC, the Company’s Share Registrar, acted as scrutineer of the poll on all resolutions.
- Copies of the resolutions passed at the AGM (other than resolutions concerning ordinary business) have been submitted to the UK Listing Authority, and will shortly be available for inspection at the UK Listing
Authority’s National Storage Mechanism which is located at http://www.morningstar.co.uk/uk/NSM.
- As at 12.01am (London time) on Thursday 11 April 2019, the total number of issued ordinary shares of US$0.50 each entitling the holders to attend and vote on all the resolutions at the AGM was 20,235,585,854, which excludes 325,273,407 ordinary shares held in treasury. A 'vote withheld' is not a vote in law and is therefore not counted in the calculation of the proportion of the votes
‘for’ and ‘against’ a resolution.
- In accordance with Rule 13.40 of the Hong Kong Listing Rules there were no shares entitling the holder to attend and abstain from voting in favour of any of the resolutions. No shareholder was required under the Hong Kong Listing Rules to abstain from voting.
As at the time of this announcement, the following are Directors of the Company: Mark Tucker*, John Flint, Kathleen Casey†, Laura Cha†, Henri de Castries†, Irene Lee†, José Meade†, Heidi Miller†, Marc Moses, David Nish†, Ewen Stevenson, Jonathan Symonds†, Jackson Tai† and Pauline van der Meer Mohr†.
* Non-executive Group Chairman
†Independent non-executive Director
For and on behalf of
HSBC Holdings plc
Ben J S Mathews
Group Company Secretary
Disclaimer and Privacy Policy Complaints Policy
Copyright © 2024 by Bermuda Stock Exchange. All rights reserved!
Questions or requests for information can be emailed to info@bsx.com