29th Jul 2016 12:19
29 July 2016
Findel PLC ("Findel" or the "Company")
Result of Annual General Meeting
The Board of Findel announces that the Resolutions proposed at the Annual General Meeting held on 29 July 2016 were duly passed on a show of hands and without amendment by the required majority.
Further details of the Resolutions were set out in the notice of meeting to shareholders of Findel issued on 29 June 2016.
The proxy votes for each resolution were as follows:
Resolution | For | Against | Withheld |
Ordinary Business | |||
Resolution 1: Ordinary resolution to receive the annual accounts of the Company for the 52 weeks ended 25 March 2016 and the directors' and auditor's reports thereon. | 78,304,404 | 22,760 | 275,878 |
Resolution 2: Ordinary resolution to approve the directors' remuneration report for the year ended 25 March 2016 | 78,018,546 | 548,610 | 35,886 |
Resolution 3: Ordinary resolution to appoint Mr Greg Ball as a director of the Company. | 78,061,538 | 539,807 | 1,697 |
Resolution 4: Ordinary resolution to reappoint Mr T. Kowalski as a director of the Company. | 78,599,345 | 1,974 | 1,723 |
Resolution 5: Ordinary resolution to reappoint Mr F. Coumau as a director of the Company. | 78,600,063 | 1,282 | 1,697 |
Resolution 6: Ordinary Resolution to appoint KPMG LLP as auditors to the company for the period from the conclusion of the meeting to the conclusion of the next general meeting of the company at which accounts are laid. | 78,575,063 | 26,030 | 1,949 |
Resolution 7: Ordinary Resolution to authorise the directors to determine the auditor's remuneration. | 77,992,698 | 609,094 | 1,250 |
Special Business | |||
Resolution 8: Ordinary Resolution to approve the Findel Performance Share Plan 2016 | 78,029,560 | 571,188 | 2,294 |
The Company's issued share capital consists of 86,442,534 ordinary shares of £0.10 each with ISIN GB 00B8B4R053. The Company does not hold any shares in Treasury. Therefore the total number of ordinary shares in the Company with voting rights is 86,442,534.
The above figure, 86,442,534, may be used by shareholders as denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
SPECIAL BUSINESS
(ORDINARY) RESOLUTION NUMBER 8
THAT the rules of the Findel Performance Share Plan 2016 (the "2016 Plan"), the principal terms of which are summarised in the explanatory notes to the notice dated 29 June 2016, which are produced in draft to this meeting and, for the purposes of identification, initialed by the Chairman of the meeting be and are hereby approved and the directors be authorised to:
(a) make such modifications to the 2016 Plan as they may consider appropriate to take account of the requirements of best practice and for the implementation of the 2016 Plan and to adopt the 2016 Plan as so modified and to do all such other acts and things as they may consider appropriate to implement the 2016 Plan; and
(b) establish further plans based on the 2016 Plan but modified to take account of local tax, exchange control or securities laws in overseas territories, provided that any shares made available under such further plans are treated as counting against the limits on individual or overall participation in the 2016 Plan.
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Enquiries
Findel plcDavid Sugden0161 303 3465
Tulchan Communications LLPStephen Malthouse / Will Smith020 7353 4200
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