9th May 2017 15:22
9 May 2017
Paysafe Group plc
Results of Annual General Meeting and Board Committee Changes
Paysafe Group plc (LSE: PAYS, the "Company") announces the results of its Annual General Meeting ("AGM") held today and Board Committee changes which are effective from today.
Results of AGM
All resolutions proposed at the meeting were approved by shareholders. Voting was conducted on a poll, the results of which are shown in the table below:
Resolution | For (and % of Total Votes) | Against (and % of Total Votes) | Total Votes (Excluding Withheld) | Withheld |
Resolution 1: To receive the Annual Report, including the reports of the Directors and the Auditor, for the year ended 31 December 2016. | 347,247,378 (100%) | (0%) |
347,247,378 | 1,253,864 |
Resolution 2: To approve the Directors' Remuneration Report. | 319,868,762 (96.06%) | 13,104,709 (3.94%) | 332,973,471 | 15,526,765 |
Resolution 3: To reappoint Dennis Jones as a Director. | 345,850,714 (99.59%) | 1,417,715 (0.41%) | 347,268,429 | 1,232,813 |
Resolution 4: To reappoint Joel Leonoff as a Director. | 335,500,766 (96.61%) | 11,767,663 (3.39%) | 347,268,429 | 1,232,813 |
Resolution 5: To reappoint Brian McArthur-Muscroft as a Director. | 346,093,896 (99.66%) | 1,174,533 (0.34%) | 347,268,429 | 1,232,813 |
Resolution 6: To reappoint Andrew Dark as a Director. | 346,419,395 (99.76%) | 849,034 (0.24%) | 347,268,429 | 1,232,813 |
Resolution 7: To reappoint Ian Francis as a Director. | 347,241,531 (99.99%) | 26,898 (0.01%) | 347,268,429 | 1,232,813 |
Resolution 8: To reappoint Brahm Gelfand as a Director. | 346,692,571 (99.83%) | 575,858 (0.17%) | 347,268,429 | 1,232,813 |
Resolution 9: To reappoint Ian Jenks as a Director. | 335,261,485 (98.75%) | 4,233,321 (1.25%) | 339,494,806 |
9,006,436 |
Resolution 10: To reappoint Jennifer Allerton as a Director. | 346,283,734 (99.72%) | 984,695 (0.28%) | 347,268,429 | 1,232,813 |
Resolution 11: To reappoint Karen Guerra as a Director. | 347,268,326 (100%) | 103 (0.00%) | 347,268,429 | 1,232,813 |
Resolution 12: To reappoint Deloitte as Auditor of the Company. | 347,077,440 (99.95%) | 190,989 (0.05%) | 347,268,429 | 1,232,813 |
Resolution 13: To authorise the Directors to determine the remuneration of the Auditor. | 347,164,234 (99.97%) | 100,000 (0.03%) | 347,264,234 |
1,237,008 |
Resolution 14: Special Resolution: To authorise the Directors to make market purchases of the Company's securities. |
347,220,546 (99.99%)
|
45,573 (0.01%)
| 347,266,119 | 1,235,123 |
Resolution 15: Special Resolution: To authorise the Directors to allot securities. | 335,139,017 (96.91%) | 10,670,800 (3.09%) | 345,809,817 | 2,691,425 |
Resolution 16: Special Resolution: To authorise the Directors to allot securities for cash other than on a pro-rata basis to shareholders for up to 5% of the issued ordinary share capital in the Company. | 336,412,279 (98.71%) | 4,390,776 (1.29%) | 340,803,055 | 7,698,187 |
Resolution 17: Special Resolution: To authorise the Directors to allot securities for cash other than on a pro-rata basis to shareholders for up to 5% of the issued ordinary share capital in the Company. | 333,393,894 (97.83%) | 7,405,121 (2.17%) | 340,799,015 | 7,702,227 |
As required by the Listing Rules, a copy of all the resolutions passed, other than those concerning ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.
Board Committee Memberships
Following the reappointment of all Directors at the AGM, and in line with the plans set out in the Company's annual report, the Board notifies that it has today updated the membership of its Audit, Nomination, and Remuneration Committees, and appointed its newly formed Risk Oversight Committee as follows:-
Audit Committee
Ian Francis - Chairman |
Jennifer Allerton |
Andrew Dark |
Nomination Committee
Dennis Jones - Chairman |
Jennifer Allerton |
Andrew Dark |
Ian Francis |
Brahm Gelfand |
Karen Guerra |
Ian Jenks |
Remuneration Committee
Ian Jenks - Chairman |
Brahm Gelfand |
Karen Guerra |
Risk Oversight Committee
Andrew Dark - Chairman |
Ian Francis |
Brahm Gelfand |
For further information please contact:
Paysafe Group Plc
Andrew Griffin, SVP Market Intelligence and Investor Relations+44 (0) 20 3826 9800 / [email protected]
JJ Aiston, Investor Relations Manager+44 (0) 20 7608 4249 / [email protected]m
Gavin Haycock, SVP Corporate Communications+44 (0) 20 3826 9767 / [email protected]
Brunswick Group LLP
Brian Buckley / Rowan Brown+44 (0) 20 7404 5959 / [email protected]
Related Shares:
Paysafe Group