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07 May 2025 16:15:00
- Source: Sharecast
RENTOKIL INITIAL PLC
RESULTS OF ANNUAL GENERAL MEETING 2025 ('AGM')
At the AGM of Rentokil Initial plc duly convened and held at, and broadcast from, the Company's offices at Compass House, Manor Royal, Crawley, West Sussex, RH10 9PY on 7 May 2025 at 2:00pm, each resolution as set out in the notice of meeting dated 26 March 2025 was passed on a poll. The results are set out below and will be placed on the Company website at www.rentokil-initial.com/investors.
|
RESOLUTION |
VOTES FOR1 |
% |
VOTES AGAINST |
% |
TOTAL VOTES |
% of ISC VOTED |
VOTES WITHHELD2 |
|
|
1 |
To receive the audited financial statements and the directors' and auditors' report thereon |
2,220,150,879 |
99.99 |
268,425 |
0.01 |
2,220,419,304 |
87.95 |
9,348,399 |
|
2 |
To approve the Directors' Remuneration Report |
2,131,852,759 |
95.81 |
93,234,712 |
4.19 |
2,225,087,471 |
88.14 |
4,680,233 |
|
3 |
To declare a final dividend |
2,229,115,428 |
99.99 |
158,105 |
0.01 |
2,229,273,533 |
88.30 |
494,171 |
|
4 |
To re-elect Richard Solomons as a director3 |
1,756,956,118 |
78.85 |
471,172,370 |
21.15 |
2,228,128,488 |
88.26 |
1,639,214 |
|
5 |
To re-elect Andy Ransom as a director |
2,083,824,855 |
93.48 |
145,350,701 |
6.52 |
2,229,175,556 |
88.30 |
592,147 |
|
6 |
To elect Paul Edgecliffe-Johnson as a Director |
2,076,608,612 |
98.79 |
25,333,839 |
1.21 |
2,101,942,451 |
83.26 |
127,825,252 |
|
7 |
To elect Brian Baldwin as a Director |
2,056,741,191 |
97.85 |
45,202,964 |
2.15 |
2,101,944,155 |
83.26 |
127,823,549 |
|
8 |
To re-elect David Frear as a Director |
2,056,512,211 |
97.84 |
45,437,341 |
2.16 |
2,101,949,552 |
83.26 |
127,818,151 |
|
9 |
To re-elect Sally Johnson as a director |
2,054,479,980 |
97.74 |
47,559,680 |
2.26 |
2,102,039,660 |
83.26 |
127,728,043 |
|
10 |
To re-elect Sarosh Mistry as a director |
2,055,771,195 |
97.80 |
46,172,264 |
2.20 |
2,101,943,459 |
83.26 |
127,824,244 |
|
11 |
To re-elect John Pettigrew as a director |
2,057,736,665 |
97.90 |
44,204,999 |
2.10 |
2,101,941,664 |
83.26 |
127,826,039 |
|
12 |
To re-elect Cathy Turner as a director |
2,055,868,665 |
97.80 |
46,171,247 |
2.20 |
2,102,039,912 |
83.26 |
127,727,791 |
|
13 |
To re-elect Linda Yueh as a director |
2,012,154,466 |
95.72 |
89,886,457 |
4.28 |
2,102,040,923 |
83.26 |
127,726,779 |
|
14 |
To re-appoint PricewaterhouseCoopers LLP as auditor |
2,228,111,667 |
99.94 |
1,241,051 |
0.06 |
2,229,352,718 |
88.31 |
414,986 |
|
15 |
To authorise the directors to agree the auditors' remuneration |
2,228,274,501 |
99.95 |
1,075,702 |
0.05 |
2,229,350,203 |
88.31 |
417,501 |
|
16 |
To authorise the making of political donations |
2,214,198,854 |
99.65 |
7,841,820 |
0.35 |
2,222,040,674 |
88.02 |
7,727,030 |
|
17 |
To authorise the directors to allot shares |
2,129,872,686 |
95.62 |
97,483,118 |
4.38 |
2,227,355,804 |
88.23 |
2,411,900 |
|
18 |
To disapply statutory pre-emption rights |
2,068,968,078 |
92.92 |
157,743,661 |
7.08 |
2,226,711,739 |
88.20 |
3,055,965 |
|
19 |
To disapply statutory pre-emption rights for acquisitions and specified capital investments |
1,972,920,831 |
88.58 |
254,284,896 |
11.42 |
2,227,205,727 |
88.22 |
2,561,977 |
|
20 |
To authorise the Directors to make market purchases of the Company's own shares |
2,228,053,853 |
99.98 |
407,466 |
0.02 |
2,228,461,319 |
88.27 |
1,306,385 |
|
21 |
To authorise the calling of a general meeting (other than an annual general meeting) on 14 days' clear notice. |
2,115,308,575 |
94.88 |
114,050,423 |
5.12 |
2,229,358,998 |
88.31 |
408,706 |
1. Votes For include those votes giving the Chair discretion.
2. A vote withheld is not a vote in law and is not counted in the calculation of proportion of votes cast for or against a resolution.
3. The Board notes that over 20% of votes cast were against the Board's recommendation in respect of resolution 4. The Board will continue to engage proactively with shareholders to ensure their views are understood in respect of the re-election of Richard Solomons. In accordance with provision 4 of the UK Corporate Governance Code, the Board will provide an update on this engagement within 6 months of the AGM, as well as a final summary in the Company's 2025 Annual Report and Accounts.
The number of ordinary shares in issue at close of business on 6 May 2025 was 2,524,539,885 ordinary shares of 1p each. Resolutions 18 to 21 were proposed as special resolutions. A copy of the resolutions can be found in the Notice of Meeting available at www.rentokil-initial.com/agm.
A copy of the resolutions passed concerning special business has been submitted and will shortly be available for inspection at the National Storage Mechanism located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
|
Group General Counsel and Company Secretary: |
Rachel Canham |
Rentokil Initial plc |
+44 (0)1293 858000 |
|
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Media: |
Malcolm Padley |
Rentokil Initial plc |
+44 (0)1293 858000 |
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