PGW
22/10/2013 16:35
MEETING
REL: 1635 HRS PGG Wrightson Limited
MEETING: PGW: PGW Annual Shareholders Meeting Results
22 October 2013
PGG Wrightson Limited - Annual Shareholders Meeting Results
PGG Wrightson Limited held its annual shareholders meeting in Christchurch
today. Details of the presentations provided at the meeting are available on
www.pggwrightson.co.nz
Shareholders were asked to vote on five resolutions. The results of the
resolutions put to the meeting are as follows:
Election of Directors
Resolution 1: Trevor John Burt who was appointed by the Directors since the
last annual meeting and so retired in accordance with the NZSX Listing Rules
and being eligible, was elected as a Director. Trevor Burt is an associated
person of substantial security holder Agria (Singapore) Pte Limited. The
Board has determined that he does not qualify as an Independent Director as
defined by the NZSX Listing Rules.
Votes For: 444,835,917 (99.76%)
Votes Against: 1,049,692 (0.24%)
Abstained: 35,000
Resolution 2: Lim Siang (Ronald) Seah who was appointed by the Directors
since the last annual meeting and so retired in accordance with the NZSX
Listing Rules and being eligible, was elected as a Director. The Board has
determined that Ronald Seah qualifies as an Independent Director as defined
by the NZSX Listing Rules.
Votes For: 444,095,918 (99.64%)
Votes Against: 1,602,956 (0.36%)
Abstained: 221,735
Resolution 3: Wai Yip (Patrick) Tsang who was appointed by the Directors
since the last annual meeting and so retired in accordance with the NZSX
Listing Rules and being eligible, was elected as a Director. Patrick Tsang is
an associated person of substantial security holder Agria (Singapore) Pte
Limited. The Board has determined that he does not qualify as an Independent
Director as defined by the NZSX Listing Rules.
Votes For: 408,464,366 (91.60%)
Votes Against: 37,442,508 (8.40%)
Abstained: 13,735
Resolution 4: Kean Seng U who was appointed by the Directors since the last
annual meeting and so retired in accordance with the NZSX Listing Rules and
being eligible, was elected as a Director. Kean Seng U is an associated
person of substantial security holder Agria (Singapore) Pte Limited. The
Board has determined that he does not qualify as an Independent Director as
defined by the NZSX Listing Rules.
Votes For: 441,747,880 (99.11%)
Votes Against: 3,950,994 (0.89%)
Abstained: 221,735
Fixing of Remuneration of Auditors
Resolution 5: The directors were authorised to fix KPMG's remuneration as PGG
Wrightson's Auditor's for the following year for the purposes of section 197
of the Companies Act 1993.
Votes For: 444,562,455 (99.74%)
Votes Against: 1,165,154 (0.26%)
Abstained: 193,000
For additional information contact:
Julian Daly
General Counsel & Company Secretary
+64 3 372 0972
End CA:00242714 For:PGW Type:MEETING Time:2013-10-22 16:35:16
