Group Press Releases
Results of EGM
22 November 2006
Aegis Group plc (“Aegis” or the “Company”) announces the results of voting at its extraordinary general meeting (“EGM”) today. Shareholders voting in person or by proxy defeated the two resolutions for Board nominations proposed by Groupe Bolloré. This was in line with the Board’s recommendation.
94.2% of the votes not controlled by Groupe Bolloré were cast against the two resolutions it had proposed. Once again a high turnout was achieved with 77.2% of eligible votes cast, compared to 76.6% at the AGM in June. The vote against the proposals was 45.2% of total shares outstanding, compared to 44.7% at the AGM. Full details of the voting on each resolution are given at the end of this announcement.
Lord Sharman, Chairman of Aegis, said:
“This is once again an unequivocal outcome, on the back of a high turnout, showing the strength of shareholder feeling on an important corporate governance principle. The overall message is as clear now as it was earlier this year: Board representation for a shareholder with close connections to a competitor is simply inappropriate. We hope that Groupe Bolloré will respect the views of the clear majority of Aegis shareholders voting today.”
For further information contact:
Charlotte Elston
Communications Director, Aegis Group plc
+44 (0) 20 7070 7700
Tim Spratt / Charlie Palmer
Financial Dynamics
+44 (0) 20 7831 3113
Matthias Leridon / Lawrence Knights
Tilder
+33 (0) 1 44 14 99 99
