WINNERSH, United Kingdom, May 23, 2007 (PRIME NEWSWIRE) -- Vernalis plc announces that all resolutions proposed to shareholders at its Annual General Meeting held today were duly passed.
All resolutions were approved on a show of hands. The number of proxy votes received for each resolution is set out below.
For (including Resolution discretionary votes)* Against* Withheld ---------------------------------------------------------------------- Ordinary Resolution ---------------------------------------------------------------------- 1. To receive the audited accounts and related reports of the Directors and auditors 224,569,857 (99.99%) 10,707 (0.01%) 7,157 ---------------------------------------------------------------------- 2. To approve the remuneration report 217,328,467 (99.63%) 813,306 (0.37%) 6,445,948 ---------------------------------------------------------------------- 3. To re-elect as a Director Dr A Baxter 224,545,392 (99.99%) 33,176 (0.01%) 9,153 ---------------------------------------------------------------------- 4. To re-elect as a Director Ms C C Ferguson 224,544,267 (99.98%) 38,844 (0.02%) 4,610 ---------------------------------------------------------------------- 5. To re-elect as a Director Mr J A D Slater 224,553,615 (99.99%) 28,646 (0.01%) 5,460 ---------------------------------------------------------------------- 6. To elect as a Director Mr I Clark 224,542,703 (99.98%) 35,049 (0.02%) 9,969 ---------------------------------------------------------------------- 7. To re-appoint PricewaterhouseCoopers LLP as auditors and to authorise the Directors to determine their remuneration 223,611,362 (99.65%) 792,957 (0.35%) 183,402 ---------------------------------------------------------------------- 8. To authorise the Directors to allot relevant securities 224,537,200 (99.98%) 37,797 (0.02%) 12,724 ---------------------------------------------------------------------- Special Resolution ---------------------------------------------------------------------- 9. To authorise the Directors to allot equity securities for cash 224,527,782 (99.98%) 39,519 (0.02%) 20,420 ---------------------------------------------------------------------- Ordinary Resolution ---------------------------------------------------------------------- 10.To approve the Vernalis plc Bonus Long-Term Incentive Plan 199,330,753 (91.39%) 18,789,501 (8.61%) 6,467,467 ---------------------------------------------------------------------- *NB: Percentage of votes cast excludes withheld votes