Result of AGM
Morgan Sindall Group PLC announced that all resolutions presented at its Annual General Meeting on May 7, 2026, were duly passed by the required majority, with approximately 73% of the issued share capital voted. Key resolutions included the approval of the audited financial statements for the year ended December 31, 2025, and the proposed final dividend of 108 pence per ordinary share. The reappointment of directors and the auditor, Ernst & Young LLP, also received strong support, with votes for ranging from 91.11% to 100% for most director reappointments and 99.99% for the auditor. Special resolutions concerning the disapplication of pre-emption rights and share purchases were also passed with over 99.6% of votes in favour.
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The Company announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Thursday 7 May 2026, as set out in the AGM notice.
A poll was held on each of the resolutions and all the resolutions were duly passed by the required majority. Resolutions 1 to 15 were passed as ordinary resolutions, and resolutions 16 to 19 were passed as special resolutions. The results of the poll were as follows:
| Ordinary Resolutions | Votes for | % | Votes against | % | Total votes | % of issued share capital voted | Votes withheld |
|---|---|---|---|---|---|---|---|
| 1. To receive and accept the Company's audited financial statements, the strategic report, the directors' report and the auditor's report for the year ended 31 December 2025 | 35,042,215 | 100.00% | 153 | 0.00% | 35,042,368 | 72.96% | 79,843 |
| 2. To approve the final dividend of 108 pence per ordinary share for the year ended 31 December 2025 | 35,118,566 | 100.00% | 153 | 0.00% | 35,118,719 | 73.12% | 3,492 |
| 3. To approve the remuneration report, (other than the part containing the remuneration policy), as set out on pages 95 to 120 of the Company's Annual Report | 33,951,213 | 96.87% | 1,097,098 | 3.13% | 35,048,311 | 72.97% | 73,900 |
| 4. To approve the directors' remuneration policy as set out on pages 102 to 111 of the Company's Annual Report | 33,287,509 | 94.79% | 1,829,282 | 5.21% | 35,116,791 | 73.12% | 5,420 |
| 5. To appoint Peter Harrison as a director | 34,680,543 | 98.95% | 369,592 | 1.05% | 35,050,135 | 72.98% | 72,076 |
| 6. To reappoint John Morgan as a director | 35,004,583 | 99.87% | 46,152 | 0.13% | 35,050,735 | 72.98% | 71,476 |
| 7. To reappoint Kelly Gangotra as a director | 34,909,538 | 99.60% | 140,363 | 0.40% | 35,049,901 | 72.98% | 72,310 |
| 8. To reappoint David Lowden as a director | 31,934,183 | 91.11% | 3,115,674 | 8.89% | 35,049,857 | 72.98% | 72,354 |
| 9. To reappoint Jen Tippin as a director | 34,557,732 | 98.59% | 492,487 | 1.41% | 35,050,219 | 72.98% | 71,992 |
| 10. To reappoint Sharon Fennessy as a director | 34,706,713 | 99.02% | 343,510 | 0.98% | 35,050,223 | 72.98% | 71,988 |
| 11. To reappoint Mark Robson as a director | 34,709,966 | 99.03% | 340,097 | 0.97% | 35,050,063 | 72.98% | 72,148 |
| 12. To re-appoint Ernst & Young LLP as auditor of the Company | 35,115,567 | 99.99% | 4,221 | 0.01% | 35,119,788 | 73.12% | 2,423 |
| 13. To authorise the directors to determine the auditor's remuneration | 35,113,843 | 99.98% | 5,298 | 0.02% | 35,119,141 | 73.12% | 3,070 |
| 14. To authorise the Company and its subsidiaries to make donations to political organisations and incur political expenditure | 34,914,936 | 99.61% | 135,729 | 0.39% | 35,050,665 | 72.98% | 71,546 |
| 15. To authorise the directors to allot shares | 34,592,271 | 98.69% | 457,445 | 1.31% | 35,049,716 | 72.98% | 72,495 |
| Special Resolutions | |||||||
| 16. General authority to disapply pre-emption rights | 35,000,167 | 99.67% | 116,237 | 0.33% | 35,116,404 | 73.11% | 5,807 |
| 17. Specific authority to disapply pre-emption rights in connection with an acquisition or specified capital investment | 35,003,266 | 99.68% | 113,703 | 0.32% | 35,116,969 | 73.12% | 5,242 |
| 18. To authorise the Company to purchase its own shares | 35,041,768 | 99.98% | 8,209 | 0.02% | 35,049,977 | 72.98% | 72,234 |
| 19. To allow meetings of the Company to be called on 14 clear days' notice | 34,663,791 | 98.71% | 451,819 | 1.29% | 35,115,610 | 73.11% | 6,601 |
Notes:
- Each shareholder present in person, or by proxy, was entitled to one vote per share held.
- Proxy votes which gave discretion to the Chair of the Annual General Meeting have been included in the 'For' total of the appropriate resolution.
- 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 nor in the calculation of the proportion of 'Total issued share capital instructed' for any resolution.
- At close of business on 6 May 2026 the total number of ordinary shares in issue was 48,029,456 and at that time, the Company did not hold any shares in treasury.
The full text of the resolutions can be found in the Notice of Annual General Meeting which is available for inspection on the Company's website www.morgansindall.com. In accordance with LR 6.4.2, a copy of the resolutions passed which are required to be made available for inspection has been submitted to the Financial Conduct Authority's National Storage Mechanism and will shortly be available at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
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