Rio Tinto: Results of voting at 2008 AGMs
The Annual General Meetings of Rio Tinto plc and Rio Tinto Limited were held on 17 April 2008 and 24 April 2008 respectively. All resolutions were passed by poll.
The results are as set out below.
Under Rio Tinto’s dual listed companies structure established in 1995, decisions on significant matters affecting shareholders of Rio Tinto plc and Rio Tinto Limited in similar ways are taken through a joint electoral procedure.
The following resolutions, which were put to both Rio Tinto Limited and Rio Tinto plc shareholders on a poll at the respective Annual General Meetings, were subject to the joint electoral procedure and the aggregate results of the joint polls were as follows:
|Receipt of reports and financial statements(Resolution 1)||770,670,941||738,091|
|Approval of remuneration report(Resolution 2)||748,025,964||7,792,951|
|To elect Richard Evans as a director(Resolution 3)||768,178,230||3,136,493|
|To elect Yves Fortier as a director(Resolution 4)||768,078,900||3,245,647|
|To elect Paul Tellier as a director(Resolution 5)||768,714,386||2,461,326|
|To re-elect Tom Albanese as a director(Resolution 6)||769,112,313||2,279,952|
|To re-elect Vivienne Cox as a director(Resolution 7)||761,940,591||8,394,394|
|To re-elect Richard Goodmanson as a director(Resolution 8)||760,906,366||9,303,042|
|To re-elect Paul Skinner as a director(Resolution 9)||767,753,446||3,633,754|
|Re-appointment of auditors of Rio Tinto plc and authorisation of auditors’ remuneration(Resolution 10)||768,847,567||2,304,228|
The following resolution was passed at the Rio Tinto plc meeting on 17 April 2008 and also at the Rio Tinto Limited meeting held on 24 April 2008. The results of the poll at the Rio Tinto Limited meeting were as follows:
|Amendments to the terms of the DLC Dividend Shares(Resolution 13)||144,021,112||294,682|
The following resolutions were passed at the Rio Tinto Limited meeting held on 24 April 2008. The results of the polls were as follows:
|Renewal of on-market share buyback authorities(Resolution 11)||143,692,916||233,822|
|Renewal of authorities to buy back shares held by Rio Tinto plc (Resolution 12)||143,718,040||200,352|
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed public company, and Rio Tinto Limited, which is a public company listed on the Australian Securities Exchange.
Rio Tinto’s business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.
This announcement includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding Rio Tinto’s financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to Rio Tinto’s products, production forecasts and reserve and resource positions), are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Rio Tinto, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Such forward-looking statements are based on numerous assumptions regarding Rio Tinto’s present and future business strategies and the environment in which Rio Tinto will operate in the future. Among the important factors that could cause Rio Tinto’s actual results, performance or achievements to differ materially from those in the forward-looking statements include, among others, levels of actual production during any period, levels of demand and market prices, the ability to produce and transport products profitably, the impact of foreign currency exchange rates on market prices and operating costs, operational problems, political uncertainty and economic conditions in relevant areas of the world, the actions of competitors, activities by governmental authorities such as changes in taxation or regulation and such other risk factors identified in Rio Tinto’s most recent Annual Report on Form 20-F filed with the United States Securities and Exchange Commission (the “SEC”) or Form 6-Ks furnished to the SEC. Forward-looking statements should, therefore, be construed in light of such risk factors and undue reliance should not be placed on forward-looking statements. These forward-looking statements speak only as of the date of this announcement. Rio Tinto expressly disclaims any obligation or undertaking (except as required by applicable law, the City Code on Takeovers and Mergers (the “Takeover Code”), the UK Listing Rules, the Disclosure and Transparency Rules of the Financial Services Authority and the Listing Rules of the Australian Securities Exchange) to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in Rio Tinto’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
Nothing in this announcement should be interpreted to mean that future earnings per share of Rio Tinto plc or Rio Tinto Limited will necessarily match or exceed its historical published earnings per share.
Subject to the requirements of the Takeover Code, none of Rio Tinto, any of its officers or any person named in this announcement with their consent or any person involved in the preparation of this announcement makes any representation or warranty (either express or implied) or gives any assurance that the implied values, anticipated results, performance or achievements expressed or implied in forward-looking statements contained in this announcement will be achieved.
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