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Telecom Shareholders Re-Elect Directors To Board
MEDIA RELEASE
28 September 2012
Telecom Shareholders Re-Elect Directors
To Board
At Telecom’s annual meeting in Auckland today shareholders were asked to vote on six resolutions all of which were supported by the Board. All resolutions were decided by poll.
Resolutions passed by shareholders today were:
1. That the directors are authorised to fix the auditors’ remuneration (KPMG).
2. That Mr Mark Verbiest is re-elected as a director of Telecom.
3. That Mr Paul Berriman is re-elected as a director of Telecom.
4. That Mr Simon Moutter is elected as a director of Telecom.
5. Approval for the issue of up to 1,000,000 shares to Simon Moutter, under the Performance Equity Scheme during the period to 27 September 2015.
6. Approval for the issue of up to 2,500,000 share rights to Simon Moutter, under the Performance Rights Scheme during the period to 27 September 2015.
Details of the total number of
votes cast in person or by the proxy on the poll were:
|
Resolution |
For |
Against |
Abstain |
| 1. Fix auditors’ remuneration | 1,155,272,118 (99.5%) | 5,751,041 (0.5%) | 4,998,890 |
| 2. Re-election of Mark Verbiest | 1,156,394,780 (99.75%) | 2,872,256 (0.25%) | 5,789,813 |
| 3. Re-election of Paul Berriman | 1,152,283,033 (99.18%) | 9,562,743 (0.82%) | 3,289,178 |
| 4. Election of Simon Moutter | 1,158,088,524 (99.7%) | 3,437,610 (0.3%) | 3,460,165 |
| 5.
Approval for the issue of up to 1,000,000 shares to Simon
Moutter, under the Performance Equity Scheme during the
period to 27 September 2015. | 1,135,302,892 (97.74%) | 26,270,429 (2.26%) | 4,526,393 |
| 6.
Approval for the issue of up to 2,500,000 share rights to
Simon Moutter, under the Performance Rights Scheme during
the period to 27 September 2015. | 1,125,711,706 (97.17%) | 32,785,298 (2.83%) | 6,618,330 |
Details of the manner in which shareholders
directed the proxy to vote at proxy close (and included
above):
| Proxies | For | Discretionary Board proxies | Discretionary other proxies | Against | Abstain |
| 1. Fix auditors’ remuneration | 1,145,801,126 | 1,472,650 | 7,176,071 | 5,742,329 | 4,959,308 |
| 2. Re-election of Mark Verbiest | 1,146,884,337 | 1,495,211 | 7,179,588 | 2,871,100 | 5,756,048 |
| 3. Re-election of Paul Berriman | 1,142,748,163 | 1,518,482 | 7,179,588 | 9,562,743 | 3,255,413 |
| 4. Election of Simon Moutter | 1,148,541,276 | 1,548,862 | 7,172,386 | 3,426,810 | 3,426,400 |
| 5. Approval for the issue of up to 1,000,000 shares to Simon Moutter, under the Performance Equity Scheme during the period to 27 September 2015 | 1,125,842,427 | 1,663,738 | 7,151,009 | 26,132,013 | 4,439,962 |
| 6. Approval for the issue of up to 2,500,000 share rights to Simon Moutter, under the Performance Rights Scheme during the period to 27 September 2015 | 1,116,197,528 | 1,733,041 | 7,151,009 | 32,645,957 | 6,517,234 |
ENDS
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