Poll results 2015

SHAREHOLDERS ARE INFORMED THAT THE RESULTS OF THE POLL ON THE RESOLUTIONS PUT BEFORE THE ANNUAL GENERAL MEETING OF LADBROKES PLC HELD ON 7 MAY 2015 ARE AS DETAILED BELOW

  Resolution Total for Total against Votes withheld(1)
No. of votes % of votes No. of votes % of votes No. of votes
1. To receive and adopt the report and accounts for 2014 607,285,836 99.98 146,346 0.02 66,566
2. To declare a final dividend 607,428,102 99.99 56,191 0.01 11,056
3. To re-appoint P Erskine as a director 606,584,963 99.87 816,907 0.13 93,556
4. To re-appoint I A Bull as a director 607,158,261 99.96 233,233 0.04 103,932
5. To re-appoint S Bailey as a director 606,934,441 99.93 455,121 0.07 105,095
6. To re-appoint C M Hodgson as a director 606,216,124 99.81 1,180,396 0.19 98,906
7. To re-appoint J M Kelly as a director 606,231,259 99.81 1,167,414 0.19 102,237
8. To re-appoint D R Martin as a director 607,140,588 99.96 251,439 0.04 103,399
9. To re-appoint R Moross as a director 607,101,311 99.95 292,156 0.05 101,959
10. To re-appoint D M Shapland as a director 603,912,064 99.43 3,478,357 0.57 103,248
11. To re-appoint PricewaterhouseCoopers LLP as auditor 599,394,561 98.73 7,689,148 1.27 411,466
12. To authorise the directors to agree the auditor’s remuneration 604,768,202 99.62 2,300,791 0.38 424,363
13. To approve the remuneration report 365,015,508 69.77 158,156,158 30.23 84,319,464
14. To authorise political donations and expenditure 579,075,848 95.87 24,941,043 4.13 3,443,369
15. To authorise the Company to purchase its own shares 585,001,355 96.83 19,149,068 3.17 3,342,661
16. To authorise the directors to allot shares 549,695,474 91.00 54,335,350 9.00 3,464,341
17. To disapply pre-emption rights 598,546,577 99.10 5,423,406 0.90 3,525,582
18. To authorise the calling of general meetings (excluding annual general meetings) by notice of at least 14 clear days 590,319,340 97.18 17,124,836 2.82 51,250

(1)A ‘vote withheld’ is not a vote in law and is not counted in the calculation of votes ‘For’ or ‘Against’ a resolution.

The Board notes the vote in respect of the Directors Remuneration Report. Ladbrokes has spoken with several shareholders about the termination arrangements for Richard Glynn where his contract required that any settlement had to be determined in line with UK damages principles. The Remuneration Committee confirms that contracts of this type are not appropriate and termination arrangements for the current executive team, including Jim Mullen who was appointed CEO on 1 April 2015, are determined on payment in lieu of notice (PILON) principles in line with best practice. The Remuneration Committee further notes that Jim Mullen was appointed on a lower salary and shorter notice period than the previous CEO.

Ladbrokes Coral Group plc

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