25 February 2025
On The Beach Group plc (the "Company")
Result of Annual General Meeting
The Board of the Company announces that at its Annual General Meeting ("AGM") held today, all the resolutions considered at the AGM were duly passed by the required majority by means of a poll vote.
The results of the poll votes on the resolutions are shown in the table below:
| | Resolution | Votes for | Votes against | Total votes cast (excl. withheld) | Votes withheld | ||
| | | No. of votes | % of vote | No. of votes | % of vote | No. of votes | No. of votes |
| 1. | To receive the report & accounts |
107,246,044 |
100.00% |
0 |
0.00% |
107,246,044 |
534,487 |
| 2. | To approve the Directors' remuneration report | 103,368,951 | 96.83% | 3,386,986 | 3.17% | 106,755,937 | 1,024,594 |
| 3. | To declare a final dividend | 107,750,949 | 99.97% | 28,965 | 0.03% | 107,779,914 | 617 |
| 4. | To re-appoint Richard Pennycook as a director | 105,862,306 | 98.69% | 1,409,236 | 1.31% | 107,271,542 | 508,989 |
| 5. | To re-appoint Simon Cooper as a director | 107,738,847 | 99.97% | 35,377 | 0.03% | 107,774,224 | 6,307 |
| 6. | To re-appoint Shaun Morton as a director | 107,738,147 | 99.97% | 32,304 | 0.03% | 107,770,451 | 10,080 |
| 7. | To re-appoint Elaine O'Donnell as a director | 106,374,539 | 98.70% | 1,395,912 | 1.30% | 107,770,451 | 10,080 |
| 8. | To re-appoint Justine Greening as a director | 106,365,252 | 98.70% | 1,405,007 | 1.30% | 107,770,259 | 10,272 |
| 9. | To re-appoint Zoe Harris as a director | 107,737,955 | 99.97% | 32,304 | 0.03% | 107,770,259 | 10,272 |
| 10. | To re-appoint Veronica Sharma as a director | 106,373,533 | 98.70% | 1,396,726 | 1.30% | 107,770,259 | 10,272 |
| 11. | To re-appoint Jon Wormald as a director | 106,045,074 | 99.97% | 35,377 | 0.03% | 106,080,451 | 1,700,080 |
| 12. | To appoint Victoria Self as a director | 107,761,380 | 99.99% | 9,071 | 0.01% | 107,770,451 | 10,080 |
| 13. | To re-appoint Ernst & Young LLP as auditors | 107,271,175 | 99.53% | 503,477 | 0.47% | 107,774,652 | 5,879 |
| 14. | To authorise the directors to determine the auditor's remuneration | 107,773,307 | 99.99% | 5,545 | 0.01% | 107,778,852 | 1,679 |
| 15. | To authorise the directors to allot shares | 97,611,843 | 90.57% | 10,164,180 | 9.43% | 107,776,023 | 4,508 |
| 16. | To authorise political donations | 99,090,521 | 91.95% | 8,678,866 | 8.05% | 107,769,387 | 11,144 |
| 17. | To dis-apply statutory pre-emption rights | 104,894,258 | 97.35% | 2,858,534 | 2.65% | 107,752,792 | 27,739 |
| 18. | To dis-apply statutory pre-emption rights (acquisition or capital investment) | 95,098,583 | 88.24% | 12,676,079 | 11.76% | 107,774,662 | 5,869 |
| 19. | To authorise the purchase of own shares | 107,246,398 | 99.51% | 531,073 | 0.49% | 107,777,471 | 3,060 |
| 20. | To reduce the notice period required for General Meetings | 98,890,924 | 91.75% | 8,888,990 | 8.25% | 107,779,914 | 617 |
Notes:
1. A 'Vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'For' and 'Against' any resolution.
2. The Company's total ordinary shares in issue (total voting rights) as at the date of the AGM was 160,827,058 ordinary shares of £0.01 each. Ordinary shareholders are entitled to one vote per ordinary share held.
3. Resolutions 17 to 20 were passed as special resolutions.
4. In accordance with paragraph 6.4.2 of the UK Listing Rules, a copy of the resolutions passed as special business at the AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information:
| On the Beach Group plc | c/o FTI Consulting |
| Shaun Morton, Chief Executive Officer | |
| Jon Wormald, Chief Financial Officer Kirsteen Vickerstaff, Company Secretary | |
| | |
| FTI Consulting | Tel: +44 (0)20 3727 1000 |
| Alex Beagley Harriet Jackson | |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
