Result of AGM
AEP Plantations Plc announced that all resolutions presented at its Annual General Meeting on June 15, 2026, were passed by shareholders. The company's issued share capital stands at 39,976,272, with total voting rights of 38,359,348. Notably, resolutions concerning the re-election of independent directors Ms. Farah Suhanah Tun Ahmad Sarji, Mr. Michael Henry Stainer, and Mr. Onn Kien Hoe were approved by both general shareholders and independent shareholders, with significant majorities in favour. Details regarding the final dividend will be communicated later.
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The Board is pleased to announce that all the resolutions that were put to the Annual General Meeting held on 15 June 2026 were duly passed by the shareholders.
All resolutions put to the AGM were voted on by way of a poll, and the results of the poll are set out below.
Issued share capital: 39,976,272
Total voting rights: 38,359,348
Number of votes per share: 1
| Resolution No. (as noted on proxy card) | Total Voted Holding (excluding votes withheld) | Shares For (Including Discretionary) | Shares Against | Shares marked as Votes Withheld/Abstentions |
|---|---|---|---|---|
| 1 | 24,157,256 | 24,153,592 | 3,664 | 51,987 |
| 2 | 24,208,167 | 23,991,028 | 217,139 | 1,076 |
| 3 | 24,202,884 | 23,813,828 | 389,056 | 6,359 |
| 4 | 24,165,318 | 24,160,106 | 5,212 | 43,925 |
| 5 | 24,207,746 | 23,859,929 | 347,817 | 1,497 |
| 6 | 24,207,746 | 24,114,981 | 92,765 | 1,497 |
| 7 | 24,207,746 | 23,701,150 | 506,596 | 1,497 |
| 8 | 24,207,746 | 23,289,045 | 918,701 | 1,497 |
| 9 | 24,207,746 | 24,154,030 | 53,716 | 1,497 |
| 10 | 24,208,955 | 24,208,734 | 221 | 288 |
| 11 | 24,208,293 | 24,206,306 | 1,987 | 940 |
| 12 | 24,207,751 | 24,206,560 | 1,191 | 1,482 |
| 13 | 24,198,016 | 23,964,024 | 233,992 | 11,217 |
| 14 | 24,165,363 | 23,907,426 | 257,937 | 43,870 |
The listing rules require that the election or re-election of the independent directors be approved by both the shareholders and the independent shareholders. The results of the independent shareholders' vote were as follows:
| Resolution No. (as noted on proxy card) | Total Independent Voted Holding (excluding votes withheld) | Shares For (Including Discretionary) | Shares Against | Shares marked as Votes Withheld/Abstentions |
|---|---|---|---|---|
| 7 | 3,655,832 | 3,149,236 | 506,596 | 1,497 |
| 8 | 3,655,832 | 2,737,131 | 918,701 | 1,497 |
| 9 | 3,655,832 | 3,602,116 | 53,716 | 1,497 |
As such, Ms Farah Suhanah Tun Ahmad Sarji, Mr. Michael Henry Stainer and Mr Onn Kien Hoe were re-elected as Independent Non-Executive Directors.
Details of the final dividend will be announced in due course.
In accordance with the Listing Rules of the FCA, the full text of the resolutions passed at the Annual General Meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further enquiry, contact:
| AEP Plantations Plc | +44 (0) 20 7216 4621 |
| Marcus Chan Jau Chwen, Executive Director (Corporate Affairs) | |
| Kevin Wong Tack Wee, Group Chief Executive Officer | |
| Montfort Communications Limited - Financial PR | |
| Ann-marie Wilkinson, Shireen Farhana | aep@montfort.london |
| Cavendish Capital Markets Limited - Financial Adviser and Broker | +44 (0) 20 7220 0500 |
Matt Goode, George Lawson, Trisyia Jamaludin (Corporate Finance)
Will Smith, Harriet Ward (Corporate Broking)
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.