International Distribution Services plc (Incorporated in England and Wales) Company Number: 8680755

LSE Share Code: IDS

ISIN: GB00BDVZYZ77

LEI: 213800TCZZU84G8Z2M70

25 September 2024

Results of Annual General Meeting held on 25 September 2024

International Distribution Services plc (the “Company“) announces that at its Annual General Meeting (AGM) held earlier today, all the resolutions put to shareholders were passed by the requisite majorities. Resolutions 1 to 19 were passed as ordinary resolutions and Resolutions 20 to 23 were passed as special resolutions. The results of the polls, on which Equiniti, the Company’s registrar, acted as scrutineer, are as follows:

 

RESOLUTION

FOR

%

AGAINST

%

TOTAL

% OF

WITHHELD

 

 

 

 

 

 

 

ISSUED

 

 

 

 

 

 

 

 

SHARE

 

 

 

 

 

 

 

 

CAPITAL

 

 

 

 

 

 

 

 

 

 

 

ORDINARY

 

 

 

 

 

 

 

 

RESOLUTION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

To receive the

 

 

 

 

 

 

 

 

Company’s

 

 

 

 

 

 

 

 

audited accounts,

 

 

 

 

 

 

 

 

together with the

 

 

 

 

 

 

 

 

Strategic Report,

 

 

 

 

 

 

 

 

Directors’ Report

 

 

 

 

 

 

 

 

and Auditors’

 

 

 

 

 

 

 

 

Report on those

578,683,342

99.90

604,678

0.10

579,288,020

60.45%

615,503

 

accounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.

To approve the

 

 

 

 

 

 

 

 

Directors’

 

 

 

 

 

 

 

 

Remuneration

567,676,871

97.95

11,881,146

2.05

579,558,017

60.48%

335,565

 

Report

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.

To approve the

 

 

 

 

 

 

 

 

Directors’

 

 

 

 

 

 

 

 

Remuneration

569,649,931

98.30

9,864,850

1.70

579,514,781

60.47%

346,241

 

Policy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4.

To approve the

 

 

 

 

 

 

 

 

amendments to

 

 

 

 

 

 

 

 

the rules of the

 

 

 

 

 

 

 

 

International

 

 

 

 

 

 

 

 

Distribution

 

 

 

 

 

 

 

 

Services plc Long

 

 

 

 

 

 

 

 

Term Incentive

574,498,352

99.12

5,113,631

0.88

579,611,983

60.48%

293,903

 

Plan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.

To approve a final

 

 

 

 

 

 

 

 

dividend of 2

579,032,672

99.88

705,572

0.12

579,738,244

60.50%

183,486

 

pence per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6.

To re-appoint

572,059,717

98.70

7,522,842

1.30

579,582,559

60.48%

308,385

 

Keith Williams

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7.

To re-appoint

 

 

 

 

 

 

 

 

Martin

578,282,361

99.78

1,300,317

0.22

579,582,678

60.48%

311,035

 

Seidenberg

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Classified: RMG – Internal

8.

To re-appoint

578,187,440

99.76

1,368,757

0.24

579,556,197

60.48%

332,316

 

Michael Snape

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.

To re-appoint

574,367,846

99.10

5,197,555

0.90

579,565,401

60.48%

327,767

 

Baroness Hogg

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10.

To re-appoint

574,361,714

99.10

5,203,640

0.90

579,565,354

60.48%

326,629

 

Maria da Cunha

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11.

To re-appoint

574,405,771

99.11

5,159,792

0.89

579,565,563

60.48%

326,243

 

Michael Findlay

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12.

To re-appoint

574,395,536

99.11

5,151,352

0.89

579,546,888

60.48%

340,171

 

Lynne Peacock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13.

To re-appoint

574,364,025

99.11

5,172,267

0.89

579,536,292

60.48%

346,580

 

Shashi Verma

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

14.

To re-appoint

574,389,403

99.11

5,155,408

0.89

579,544,811

60.48%

330,283

 

Jourik Hooghe

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15.

To re-appoint

574,410,927

99.11

5,145,120

0.89

579,556,047

60.48%

326,344

 

Ingrid Ebner

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16.

To re-appoint

 

 

 

 

 

 

 

 

KPMG LLP as

 

 

 

 

 

 

 

 

auditor of the

576,647,362

99.50

2,916,897

0.50

579,564,259

60.48%

326,346

 

Company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17.

To authorise the

 

 

 

 

 

 

 

 

Company’s Audit

 

 

 

 

 

 

 

 

and Risk

 

 

 

 

 

 

 

 

Committee to

 

 

 

 

 

 

 

 

determine the

 

 

 

 

 

 

 

 

remuneration of

578,506,579

99.82

1,066,287

0.18

579,572,866

60.48%

315,846

 

the auditor

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

18.

To authorise the

 

 

 

 

 

 

 

 

Company and its

 

 

 

 

 

 

 

 

subsidiaries to

 

 

 

 

 

 

 

 

make political

 

 

 

 

 

 

 

 

donations and

 

 

 

 

 

 

 

 

incur political

572,452,663

98.76

7,207,344

1.24

579,660,007

60.49%

262,230

 

expenditure

 

 

 

 

 

 

 

19.

To authorise the

 

 

 

 

 

 

 

 

Directors to allot

572,515,523

98.78

7,097,347

1.22

579,612,870

60.48%

289,423

 

shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SPECIAL

 

 

 

 

 

 

 

 

RESOLUTION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20.

To empower the

 

 

 

 

 

 

 

 

Directors to

 

 

 

 

 

 

 

 

disapply pre-

572,494,538

98.79

6,988,680

1.21

579,483,218

60.47%

405,401

 

emption rights

 

 

 

 

 

 

 

21.

To empower the

 

 

 

 

 

 

 

 

Directors to

 

 

 

 

 

 

 

 

disapply pre-

 

 

 

 

 

 

 

 

emption rights for

 

 

 

 

 

 

 

 

the purposes of

 

 

 

 

 

 

 

 

acquisitions or

 

 

 

 

 

 

 

 

specified capital

568,135,204

98.04

11,362,658

1.96

579,497,862

60.47%

386,642

 

investments

 

 

 

 

 

 

 

22.

To authorise the

 

 

 

 

 

 

 

 

Company to

 

 

 

 

 

 

 

 

purchase its own

576,797,631

99.52

2,801,787

0.48

579,599,418

60.48%

319,584

 

shares

 

 

 

 

 

 

 

23.

To authorise the

 

 

 

 

 

 

 

 

Company to call

571,259,019

98.55

8,409,769

1.45

579,668,788

60.49%

230,688

 

general meetings

 

 

 

 

 

 

 

Classified: RMG – Internal

on not less than 14 clear days’ notice (other than annual general meetings)

As at 6:30pm on Monday 23 September 2024, the number of issued shares in the Company was 958,293,475 ordinary shares. This was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. In accordance with the Company’s articles of association, on a poll every member present in person or by proxy has one vote for every share held.

There were no restrictions on shareholders casting votes on any of the resolutions proposed at the AGM. Votes withheld are not votes in law. Therefore, they have not been counted in the calculation of the proportion of the votes for or against a resolution.

Pursuant to UK Listing Rule 9.6.2R, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today have been submitted to the National Storage Mechanism and will shortly be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

The AGM results are also available to view on the Company’s website at www.internationaldistributionservices.com/en/investors/annual-general-meetings/

Enquiries:

Investor Relations

John Crosse

Email:investorrelations@ids-plc.com

Media Relations

Jenny Hall

Phone: 07776 993 036

Email:jenny.hall@royalmail.com

Greg Sage

Phone: 07483 421374

Royal Mail press office:press.office@royalmail.com

Company Secretary

Mark Amsden

Email:cosec@ids-plc.com

Classified: RMG – Internal

Disclaimer

International Distributions Services plc published this content on September 25,
2024 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on September 25,
2024 at
14:02:04 UTC.