Dalata Hotel Group PLC

AGM Results

Dalata Hotel Group PLC (DAL,DHG) Dalata Hotel Group PLC: AGM Results 25-Apr-2024 / 18:43 GMT/BST

AGM RESULTS

 

ISE: DHG  LSE: DAL

 

Dublin and London | 25 April 2024:  Dalata Hotel Group plc ("Dalata" or the "Company"), the largest hotel operator in Ireland with a growing presence in the United Kingdom and Continental Europe, today announces that all resolutions proposed at the Annual General Meeting of the Company were passed.

 

Voting on all resolutions was conducted by poll and the results are set out below. The full text of each resolution was included in the notice of the Annual General Meeting of the Company circulated to shareholders on 26 March 2024 and made available on the Company's website www.dalatahotelgroup.com

 

A recording of today's Annual General Meeting will shortly be available on the Company’s website www.dalatahotelgroup.com

 

In accordance with the Listing Rules copies of the resolutions passed at the Annual General Meeting of the Company have been forwarded to Euronext Dublin and the UK National Storage Mechanism and will shortly be available for inspection at;

https://data.fca.org.uk/#/nsm/nationalstoragemechanism  

The results of the proxy voting received for each resolution, are outlined below.

 

Resolution 1:

To receive and consider the annual report and financial statements of the company for the year ended 31 December 2023 together with the Directors and Auditors Reports and a review of the affairs of the Company.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
154,745,411	100%	557	0%	154,745,968	584,715	155,330,683

 

Resolution 2:

To receive and consider the Directors’ Report on Remuneration for the year ended 31 December 2023

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
153,235,860	98.65%	2,094,823	1.35%	155,330,683	-	155,330,683

 

Resolution 3:

To declare a final dividend of 8 cent per ordinary share for the year ended 31 December 2023

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
155,330,126	100%	557	0%	155,330,683	-	155,330,683

 

 

Resolution 4 (a):

To re-appoint John Hennessy as a Director

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
138,449,957	89.14%	16,873,786	10.86%	155,323,743	6,940	155,330,683

 

Resolution 4 (b):

To re-appoint Dermot Crowley as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
154,617,412	99.55%	706,331	0.45%	155,323,743	6,940	155,330,683

 

Resolution 4 (c):

To re-appoint Elizabeth McMeikan as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
140,133,829	90.22%	15,189,913	9.78%	155,323,742	6,941	155,330,683

 

Resolution 4 (d):

To re-appoint Cathriona Hallahan as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
152,022,268	97.87%	3,301,475	2.13%	155,323,743	6,940	155,330,683

 

 

Resolution 4 (e):

To re-appoint Gervaise Slowey as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
153,363,936	98.74%	1,959,807	1.26%	155,323,743	6,940	155,330,683

 

 

 

 

 

 

 

 

 

Resolution 4 (f):

To re-appoint Shane Casserly as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
153,146,621	98.60%	2,177,122	1.40%	155,323,743	6,940	155,330,683

 

Resolution 4 (g):

To re-appoint Carol Phelan as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
154,617,412	99.55%	706,331	0.45%	155,323,743	6,940	155,330,683

 

Resolution 4 (h):

To re-appoint Jon Mortimore as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
153,609,741	98.90%	1,714,002	1.10%	155,323,743	6,940	155,330,683

 

Resolution 5:

To authorise the Directors to determine the remuneration of the Auditors

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
154,424,126	99.42%	906,557	0.58%	155,330,683	-	155,330,683

 

Resolution 6:

Authority to allot relevant securities up to customary limits

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
150,257,096	96.73%	5,073,585	3.27%	155,330,681	2	155,330,683

 

Resolution 7:

Disapplication of statutory pre-emption rights in specified circumstances

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
153,250,013	98.66%	2,080,670	1.34%	155,330,683	-	155,330,683

 

 

Resolution 8:

Disapplication of statutory pre-emption rights in additional circumstances for financing an acquisition or capital investment by the Company

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
143,446,410	92.35%	11,884,271	7.65%	155,330,681	2	155,330,683

 

Resolution 9:

Authorisation of market purchases of the Company’s shares

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
153,798,542	99.22%	1,215,976	0.78%	155,014,518	316,165	155,330,683

 

Resolution 10:

Authorisation for the re-allotment of treasury shares

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
154,114,707	99.22%	1,215,976	0.78%	155,330,683	-	155,330,683

 

Resolution 11:

To authorise the Directors to hold certain general meetings on 14 days’ notice

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
152,204,373	97.99%	3,126,308	2.01%	155,330,681	2	155,330,683

 

Resolution 12:

Proposes an amendment to Article 74 of the constitution of the company to increase the maximum number of directors of the company from ten to twelve.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
155,013,961	99.80%	316,722	0.20%	155,330,683	-	155,330,683

 

The "Vote Withheld" option is provided to enable abstention on any particular resolution. However, it should be noted that 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" a resolution.

 

 

 

 

ENDS

About Dalata

Dalata Hotel Group plc is a leading hotel operator backed by €1.7bn in freehold and long leasehold assets in Ireland and the UK. Established in 2007, Dalata has become Ireland’s largest hotel operator with an ambitious growth strategy to expand its portfolio further in excellent locations in select, large cities in the UK and Continental Europe. The Group’s portfolio comprises 53 primarily four-star hotels operating through its two main brands, Clayton and Maldron Hotels, with 11,413 rooms and a pipeline of over 1,500 rooms. For the year ended 31 December 2023, Dalata reported revenue of €607.7 million, basic earnings per share of 40.4 cent and Free Cashflow per Share of 59.7 cent. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock Exchange (DAL). For further information visit: www.dalatahotelgroup.com

 

 

Contacts

Dalata Hotel Group plc	[e-mail]
Dermot Crowley, CEO	Tel [phone]
Carol Phelan, CFO
Sean McKeon, Company Secretary and Head of Risk and Compliance
Niamh Carr, Head of Investor Relations
Joint Group Brokers
Davy: Anthony Farrell	Tel [phone]
Berenberg: Ben Wright	Tel [phone]
Investor Relations and PR | FTI Consulting	Tel [phone]
Melanie Farrell	[e-mail]

 

 

 

           

 

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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

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ISIN:	IE00BJMZDW83, IE00BJMZDW83
Category Code:	RAG
TIDM:	DAL,DHG
LEI Code:	635400L2CWET7ONOBJ04
OAM Categories:	3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:	318046
EQS News ID:	1890017

End of Announcement	EQS News Service