AGM and Trading Statement

18 July 2011

PayPoint plc

AGM and Trading Statement

PayPoint plc announces that at the Annual General Meeting held today all resolutions were passed unanimously on a show of hands. The proxy position at the close of books at 12:00pm on 13 July 2011 is set out below.

  Resolutions For Against Withheld
1

To receive the directors' report and the financial statements for the year ended 27 March 2011, together with the auditors' report.

 54,012,906

 1,000

 3,765
2

To approve the remuneration committee report for the year ended 27 March 2011.  

 53,691,645

 53,761

 272,265
3

To declare a final dividend of 15.6p per ordinary share of the company.

 54,013,906

 0

 3,765
4

To re-elect Mr Eric Anstee as a director of the company.

 53,714,686

 257,355

 45,630
5

To re-elect Mr George Earle as a director of the company.

 54,012,913

 4,558

 200
6

To re-appoint Mr David Morrison as a director of the company.

 54,007,148

 6,558

 3,965
7

 To re-elect Mr David Newlands as a director of the company.

 53,965,483

 6,558

 45,630
8

 To re-elect Mr Andrew Robb as a director of the company.

 53,754,555

 257,355

 5,761
9

 To re-elect Mr Stephen Rowley as a director of the company.

 53,757,555

 254,355

 5,761
10

 To re-elect Mr Dominic Taylor as a director of the company.

 54,017,471

 0 200
11

 To re-elect Mr Tim Watkin-Rees as a director of the company.

 54,017,471

0

 200
12

 To re-elect Mr Nick Wiles as a director of the company.

 53,756,955

 254,955

 5,761

 13

 To re-appoint Deloitte LLP as auditors of the company.

 53,619,702

 93,204

 4,765
14

 To authorise the directors to determine the auditors’ remuneration.

 53,525,427

 487,279

 4,965
15

 Ordinary resolution: To authorise the directors to allot shares under Section 551 of the Companies Act 2006.

 54,001,259

 10,000

 6,412
16

 Special resolution: To dis-apply statutory preemption rights under Section 570 of the Companies Act 2006.

 54,005,975

 3,488

 8,208
17

 Special resolution: To authorize the company to make market purchases of its ordinary shares up to 14.99% of the issued share capital.

 53,956,390

 15,651

 45,630
18

 Special resolution: To allow any general meeting (other than an annual general meeting) to be called on 14 days’ notice.

 53,653,525

 628,016

 600

 

Trading Update

PayPoint released an interim management statement on 14 July 2011 which has been published on its website www.paypoint.com.

Enquiries
PayPoint plc
Susan Court 01707 600300

Finsbury
Charlotte Whitley 020 7251 3801