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Result of AGM

6th Jun 2017 12:29

RNS Number : 3023H
Shawbrook Group PLC
06 June 2017
 

 

06 June 2017

VOTING RESULTS OF 2017 ANNUAL GENERAL MEETING

Shawbrook Group plc (the "Company") announces the results of its Annual General Meeting held today. All resolutions were voted on by way of a poll and were passed.

The total number of votes received on each resolution is as follows

Resolution

Votes For

% of votes cast

Votes

against

% of votes cast

 

Total votes cast

Votes cast as a % of issued share capital

 

Withheld

1.

To receive the 2016 Report and Accounts

 

185,077,776

99.98%

41,200

0.02%

185,118,976

73.90%

4,094,524

2.

To approve a final Ordinary Dividend of 2.7p per share

 

189,213,500

100%

0

0.00%

189,213,500

75.53%

0

3.

To Re-elect Robin Ashton

 

184,767,109

97.65%

4,446,391

2.35%

189,213,500

75.53%

0

4.

To Re-elect Iain Cornish

 

187,633,004

99.16%

1,580,496

0.84%

189,213,500

75.53%

0

5.

To Elect Andrew Didham

 

187,814,621

99.26%

1,398,879

0.74%

189,213,500

75.53%

0

6.

To Re-elect David Gagie

 

187,523,361

99.11%

1,690,139

0.89%

189,213,500

75.53%

0

7.

To Re-elect Sally-Ann Hibberd

 

187,523,893

99.11%

1,689,607

0.89%

189,213,500

75.53%

0

8.

To Re-elect Stephen Johnson

 

187,788,225

99.25%

1,425,275

0.75%

189,213,500

75.53%

0

9.

To Re-elect Paul Lawrence

 

187,810,590

99.26%

1,402,910

0.74%

189,213,500

75.53%

0

10.

To Re-elect Roger Lovering

 

187,523,893

99.11%

1,689,607

0.89%

189,213,500

75.53%

0

11.

To Re-elect Lindsey McMurray

 

188,799,678

99.78%

413,822

0.22%

189,213,500

75.53%

0

12.

To Elect Dylan Minto

 

187,774,514

99.24%

1,438,986

0.76%

189,213,500

75.53%

0

13.

To Re-elect Steve Pateman

 

187,788,225

99.25%

1,425,275

0.75%

189,213,500

75.53%

0

14.

To approve the Annual Report on Remuneration

 

175,548,667

92.78%

13,664,833

7.22%

189,213,500

75.53%

0

15.

To re-appoint KPMG LLP as auditors

 

183,093,391

97.80%

4,126,414

2.20%

187,219,805

74.74%

1,993,695

16.

To authorise the Audit Committee to determine the remuneration of the auditors

 

185,125,457

97.84%

4,088,043

2.16%

189,213,500

75.53%

0

17.

To give authority to allot shares

 

186,382,666

98.50%

2,830,834

1.50%

189,213,500

75.53%

0

18.

To give authority to allot Additional Tier 1 Securities

 

187,805,076

99.27%

1,374,298

0.73%

189,179,374

75.52%

34,126

19.*.

To give authority to dis-apply pre-emption rights

 

187,676,538

99.19%

1,536,462

0.81%

189,213,000

75.53%

500

20*

To give authority to dis-apply pre-emptions rights in relation to acquisition or specified investment

 

185,278,579

97.92%

3,934,421

2.08%

189,213,000

75.53%

500

21*

To give authority to dis-apply pre-emption rights in relation to Tier 1 Securities

 

185,403,057

98.11%

3,575,817

1.89%

188,978,874

75.44%

34,626

22*

To approve cancellation of capital redemption reserve.

 

189,208,791

100.0%

4,209

0.00%

189,213,000

75.53%

500

23*

To give authority to purchase own shares

 

187,211,121

98.94%

2,001,879

1.06%

189,213,000

75.53%

500

24*

To give authority for a 14 day notice period for general meetings

 

187,709,185

99.21%

1,503,815

0.79%

189,213,000

75.53%

500

 

VOTES OF INDEPENDENT SHAREHOLDERS ON THE RESOLUTIONS CONCERNING THE RE-ELECTION OF THE INDEPENDENT NON-EXECUTIVE DIRECTORS

Resolution

Votes for

% of votes cast

Votes against

% of votes cast

Total votes cast

votes cast as a % of independent voting capital

Withheld

3.

To Re-elect Robin Ashton

 

87,558,190

95.17%

4,446,391

4.83%

92,004,581

60.02%

0

4.

To Re-elect Iain Cornish

 

90,424,085

98.28%

1,580,496

1.72%

92,004,581

60.02%

0

5.

To Elect Andrew Didham

 

90,605,702

98.48%

1,398,879

1.52%

92,004,581

60.02%

0

6.

To Re-elect David Gagie

 

90,314,442

98.16%

1,690,139

1.84%

92,004,581

60.02%

0

7.

To Re-elect Sally-Ann Hibberd

 

90,314,974

98.16%

1,689,607

1.84%

92,004,581

60.02%

0

9.

To Re-elect Paul Lawrence

 

90,601,671

98.48%

1,402,910

1.52%

92,004,581

60.02%

0

10.

To Re-elect Roger Lovering

 

90,314,974

98.16%

1,689,607

1.84%

92,004,581

60.02%

0

 

Notes:

*Special resolution

A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

All percentages are shown to two decimal places.

The total number of voting rights in issue as at close of business on 2 June 2017 was 250,500,000.

In accordance with UK Listing Rule 9.6.2R copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted to the UK Listing Authority via the National Storage Mechanism and will shortly be available for inspection at www.Morningstar.co.uk

 A copy of the poll results for the Annual General Meeting will also be available on the Shawbrook website at https://investors.shawbrook.co.uk/ shortly.

The full text of each of the resolutions is set out in the Notice of Annual General Meeting which is available on the Shawbrook website at www.shawbrook.co.uk/investors/agm

 

 

Enquiries:

 

Kevin Taylor, Head of Secretariat

[email protected] 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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