26th Jul 2018 15:28
26 July 2018
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 26 July 2018 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 22 June 2018.
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 year ended 30 March 2018 and the directors' and auditor's reports thereon. | 75,921,981 | 10,837 | 49,995 |
Resolution 2: Ordinary resolution to approve the directors' remuneration report for the year ended 30 March 2018.
| 75,425,119 | 557,025 | 670 |
Resolution 3: Ordinary resolution to appoint Ms E. O'Donnell as a director of the Company. | 75,970,919 | 830 | 11,065 |
Resolution 4: Ordinary resolution to reappoint Mr G. Ball as a director of the Company. | 75,935,575 | 46,762 | 476 |
Resolution 5: Ordinary resolution to reappoint Mr I. Burke as a director of the Company. | 75,064,093 | 905,230 | 13,490 |
Resolution 6: Ordinary resolution to reappoint Mr S. Caldwell as a director of the Company. | 75,981,398 | 914 | 502 |
Resolution 7: Ordinary resolution to reappoint Mr F. Coumau as a director of the Company. | 75,981,353 | 985 | 476 |
Resolution 8: Ordinary resolution to reappoint Mr W. Grimsey as a director of the Company. | 75,981,699 | 639 | 476 |
Resolution 9: Ordinary resolution to reappoint Mr P. Maudsley as a director of the Company. | 75,981,377 | 935 | 502 |
Resolution 10: Ordinary Resolution to reappoint KPMG LLP as auditor 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. | 75,931,507 | 1,435 | 49,871 |
Resolution 11: Ordinary Resolution to authorise the directors to determine the auditor's remuneration. | 75,981,634 | 339 | 841 |
Special Business | |||
Resolution 12: Ordinary Resolution to authorise political donations and expenditure up to an aggregate of £50,000.
| 75,950,238 | 30,782 | 1,794 |
Resolution 13: Special Resolution to enable a general meeting of the company, other than an annual general meeting, to be called on not less than14 days' notice.
| 75,640,452 | 342,362 | 0 |
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 and Transparency Rules.
SPECIAL BUSINESS
(ORDINARY) RESOLUTION NUMBER 12
In accordance with sections 366 and 367 of the Companies Act 2006 (the "2006 Act") to authorise the Company (and subsidiaries of the Company at any time during the period for which this resolution has effect) during the period from the date of this resolution to the conclusion of the Company's next annual general meeting:
(i) to make political donations to political parties and/or independent election candidates;
(ii) to make political donations to political organisations other than political parties; and
(iii) to incur political expenditure,
up to an aggregate amount of £50,000, and the amount authorised under each of paragraphs (i) to (iii) of this resolution shall also be limited to such amount and that words and expressions defined for the purpose of the 2006 Act shall have the same meaning in this resolution.
SPECIAL BUSINESS
(SPECIAL) RESOLUTION NUMBER 13
That a general meeting of the Company, other than an annual general meeting, may be called on not less than 14 days' notice.
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Enquiries
Findel plc
Ian Burke
Phil Maudsley
Stuart Caldwell0161 303 3465
Tulchan Communications LLP
Catherine James
Will Smith020 7353 4200
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