FRP Advisory Group plc
Annual General Meeting
Result of
Annual General Meeting
The Annual General Meeting of FRP
Advisory Group plc was held at the offices of Bryan Cave Leighton
Paisner LLP, Governor's House, 5 Laurence Pountney Hill, London,
EC4R 0BR on 26 September 2024 at 10.00 a.m.
All 16 resolutions put to members
were passed on a poll. Resolutions 1 to 13 were passed as ordinary
resolutions and resolutions 14 to 16 were passed as special
resolutions.
The number of votes cast for and
against each of the resolutions proposed, and the number of votes
withheld were as follows:
|
Resolution
|
Votes for
|
%
|
Votes against
|
%
|
Votes withheld
|
|
Ordinary Resolutions
|
|
Resolution 1
To receive the Company's audited
accounts for the financial period ended 30 April 2024 together with
the Directors' and Auditors' Report.
|
181,230,348
|
>99.99%
|
7,320
|
<0.01%
|
31,470
|
|
Resolution 2
To receive the Directors'
Remuneration Report for the financial period ended 30 April
2024.
|
173,947,032
|
95.96%
|
7,322,106
|
4.04%
|
0
|
|
Resolution 3
To appoint Penelope Judd as a
director of the Company.
|
179,936,355
|
99.69%
|
561,583
|
0.31%
|
771,200
|
|
Resolution 4
To re-appoint Geoffrey Rowley as a
director of the Company.
|
181,112,035
|
99.92%
|
140,603
|
0.08%
|
16,500
|
|
Resolution 5
To re-appoint Jeremy French as a
director of the Company.
|
181,170,752
|
99.95%
|
81,886
|
0.05%
|
16,500
|
|
Resolution 6
To re-appoint Gavin Jones as a
director of the Company.
|
180,817,888
|
99.76%
|
434,750
|
0.24%
|
16,500
|
|
Resolution 7
To re-appoint David Chubb as a
director of the Company.
|
178,182,963
|
98.31%
|
3,069,675
|
1.69%
|
16,500
|
|
Resolution 8
To re-appoint Kathryn Fleming as a
director of the Company.
|
180,356,389
|
99.94%
|
105,949
|
0.06%
|
806,800
|
|
Resolution 9
To appoint Louise Jackson as a
director of the Company.
|
180,455,018
|
99.98%
|
42,920
|
0.02%
|
771,200
|
|
Resolution 10
To re-appoint Forvis Mazars LLP as
the Company's auditors.
|
181,226,060
|
>99.99%
|
7,478
|
<0.01%
|
35,600
|
|
Resolution 11
To authorise the directors of the
Company to determine the Auditors' fees.
|
181,226,060
|
99.98%
|
43,078
|
0.02%
|
0
|
|
Resolution 12
To declare a final dividend of 2.3p
per ordinary share for the year ended 30 April 2024.
|
181,261,818
|
>99.99%
|
7,320
|
<0.01%
|
0
|
|
Resolution 13
To authorise the Directors to allot
equity securities.
|
177,147,974
|
97.74%
|
4,089,680
|
2.26%
|
31,484
|
|
Special Resolutions 10
|
|
Resolution 14
To empower the Directors to allot
equity securities for cash free of statutory pre-emption
rights.
|
176,388,870
|
97.32%
|
4,863,768
|
2.68%
|
16,500
|
|
Resolution 15
To empower the Directors to allot
equity securities for cash otherwise than on a pre-emptive basis
for an acquisition or other capital investment.
|
152,754,478
|
84.28%
|
28,498,160
|
15.72%
|
16,500
|
|
Resolution 16
To empower the Directors to make
market purchases of the Company's shares.
|
179,636,426
|
99.11%
|
1,616,212
|
0.89%
|
16,500
|
As at 26 September 2024, there were
255,014,886 ordinary shares in issue. Shareholders are entitled to
one vote per share. Votes withheld are not votes in law and so have
not been included in the calculation of the proportion of votes for
and against a resolution.
The full text
of each resolution is available in the Notice of Annual General
Meeting, published on the Company's website at
www.frpadvisory.com/investors/financials-documents/.
Enquiries:
FRP Advisory Group
plc
Geoff Rowley, CEO
Jeremy French, COO
Gavin Jones, CFO
Enquiries via MHP
Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)
Katy Birkin/ Stephen Keys/George
Lawson (Corporate Finance)
Tel: +44 (0) 207 220 0500
Investec Bank plc (Joint
Broker)
Carlton Nelson / James Rudd
(Corporate Broking)
Tel: +44 (0) 207 597 4000
MHP Group (Financial Public
Relations)
Oliver Hughes
Eleni Menikou
Catherine Chapman
Tel: +44 (0)7711 191518
FRP@mhpgroup.com
Notes to Editors
FRP is a leading national specialist
business advisory firm established in 2010. It offers a range of
advisory services to companies, lenders, investors and other
stakeholders, as well as individuals. These services
include:
Restructuring advisory: corporate
financial advisory, formal insolvency appointments, informal
restructuring advisory, personal insolvency and general advice to
all stakeholders.
Corporate finance: mergers &
acquisitions (M&A), strategic advisory and valuations,
financial due diligence, capital raising, special situations
M&A and partial exits.
Debt advisory: raising and
refinancing debt, debt amendments and extensions, restructuring
debt, asset based lending and corporate and leveraged debt
advisory.
Forensic services: forensic
investigations, compliance and risk advisory, dispute services and
forensic technology.
Financial advisory: transaction
services including financial due diligence, lender services,
financial modelling, valuations, pensions and company-side advisory
services.