24th Jul 2025 07:00
LEI number: 5493000VJ55ZTYGX4322
24 July 2025
RECORD PLC
Result of 2025 Annual General Meeting
Record plc (the "Company"), the specialist currency and asset manager, held its Annual General Meeting at 11.00 am on Wednesday, 23 July 2025 at First Floor, 3 Sheldon Square, Paddington, London W2 6HY.
The Board of Directors is pleased to announce that all of the nineteen resolutions set out in the Notice of Annual General Meeting (the "AGM Notice"), issued to shareholders on 24 June 2025, were duly passed with all resolutions receiving greater than 90% of votes in favour.
The full voting results were as follows:
Resolution | VOTES FOR | % | VOTES AGAINST | % | VOTES TOTAL | % of ISC VOTED | VOTES WITHHELD |
1. To receive and adopt the Annual Report & Accounts of the Company for the year ended 31 March 2025. | 110,739,794 | 100.00 | 3,257 | 0.00 | 110,743,051 | 55.63% | 25,875 |
2. To approve the Directors' Remuneration Report (excluding the Directors' Remuneration Policy) as set out in the Annual Report & Accounts of the Company. | 102,306,707 | 92.50 | 8,295,899 | 7.50 | 110,602,606 | 55.56% | 166,320 |
3. To approve the Directors' Remuneration Policy | 102,148,894 | 92.41 | 8,388,603 | 7.59 | 110,537,497 | 55.53% | 231,429 |
4. To approve the Record Plc Long Term Incentive Plans | 103,456,994 | 93.48 | 7,218,198 | 6.52 | 110,675,192 | 55.60% | 93,734 |
5. To declare a final dividend of 2.5 pence per ordinary share. | 110,743,051 | 100.00 | 0 | 0.00 | 110,743,051 | 55.63% | 25,875 |
6. To re-elect Jan Witte as a director of the Company. | 109,401,370 | 98.86 | 1,262,248 | 1.14 | 110,663,618 | 55.59% | 105,308 |
7. To re-elect Richard Heading as a director of the Company. | 109,220,472 | 98.70 | 1,443,146 | 1.30 | 110,663,618 | 55.59% | 105,308 |
8. To re- elect Othman Boukrami as a director of the Company | 109,029,647 | 98.52 | 1,633,971 | 1.48 | 110,663,618 | 55.59% | 105,308 |
9. To re-elect Kevin Ayles as a director of the Company. | 109,391,261 | 98.86 | 1,262,248 | 1.14 | 110,653,509 | 55.59% | 115,417 |
10. To re-elect David Morrison as a director of the Company. | 107,073,989 | 96.76 | 3,589,629 | 3.24 | 110,663,618 | 55.59% | 105,308 |
11. To re-elect Matt Hotson as a director of the Company | 109,029,647 | 98.52 | 1,633,971 | 1.48 | 110,663,618 | 55.59% | 105,308 |
12. To re-elect Krystyna Nowak as a director of the Company | 107,075,197 | 96.76 | 3,588,421 | 3.24 | 110,663,618 | 55.59% | 105,308 |
13. To re-appoint BDO LLP as Auditor of the Company to hold office until the conclusion of the next meeting of the Company at which the accounts are laid. | 110,466,558 | 99.75 | 275,627 | 0.25 | 110,742,185 | 55.63% | 26,741 |
14. To authorise the directors of the Company to determinethe Auditor's remuneration. | 110,430,794 | 99.79 | 232,424 | 0.21 | 110,663,218 | 55.59% | 105,708 |
15. To authorise the Directors to allot Ordinary Shares on the terms set out in the AGM Notice. | 109,374,092 | 98.76 | 1,368,959 | 1.24 | 110,743,051 | 55.63% | 25,875 |
16. To disapply statutory pre-emption rights on the terms set out in the AGM Notice. | 110,318,307 | 99.62 | 424,744 | 0.38 | 110,743,051 | 55.63% | 25,875 |
17. To disapply statutory pre-emption rights in connection with an acquisition or other capital investment on the terms set out in the AGM Notice. | 110,473,041 | 99.76 | 270,010 | 0.24 | 110,743,051 | 55.63% | 25,875 |
18. To authorise the Company to purchase its own shares on the terms set out in the AGM Notice. | 110,670,408 | 99.93 | 72,643 | 0.07 | 110,743,051 | 55.63% | 25,875 |
19. To permit general meetingsof the Company (other than annual general meetings) to be called on not less than 14 clear days' notice. | 110,499,908 | 99.78 | 242,477 | 0.22 | 110,742,385 | 55.63% | 26,541 |
Note: A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.
The number of ordinary shares in issue at the date of this announcement is 199,054,325.
Resolutions 1 to 15 were ordinary resolutions, requiring more than 50 per cent. of shareholders' votes to be cast in favour of the resolutions. Resolutions 16 to 19 were special resolutions, requiring at least 75 per cent. of shareholders' votes to be cast in favour of the resolutions.
A copy of all the resolutions passed at the Annual General Meeting will be submitted to the Financial Conduct Authority via the National Storage Mechanism.
- End -
For further information:
Record plc
Cerian Tahany FCG, Company Secretary
Panmure Liberum
+ 44 (0) 20 7886 2500
Corporate Broking: David Watkins
Corporate Advisory: Atholl Tweedie
h2Radnor
+44 (0) 20 3897 1830
Elliot Hance
Related Shares:
Record