Metro Bank PLC Result of AGM (3234D)

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RNS Number : 3234D

Metro Bank PLC

25 April 2017

METRO BANK PLC

Result of AGM

25 April 2017: Metro Bank PLC (the "Company") announces that, at the Annual General Meeting of shareholders held earlier today, all resolutions were passed as follows.

 
       RESOLUTION            VOTES        %       VOTES       %       VOTES        % of      VOTES WITHHELD*** 
                               FOR               AGAINST               TOTAL      ISC** 
                                                                                  VOTED 
------------------------  -----------  ------  ----------  ------  -----------  ---------  -------------------- 
          To receive 
            the 2016 
             Annual 
  1          Report        43,836,468   99.93   29,035      0.07    43,865,503     54.57%     49,526 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          To approve 
        the Remuneration 
  2          Policy        41,582,506   95.43   1,989,312   4.57    43,571,818     54.21%     343,211 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          To approve 
        the Remuneration 
  3          Report        41,611,644   94.93   2,222,119   5.07    43,833,763     54.53%     81,266 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          Re-election 
           of Vernon 
            W. Hill, 
  4            II          41,339,782   94.77   2,281,843   5.23    43,621,625     54.27%     293,404 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          Re-election 
            of Craig 
  5        Donaldson       43,816,894   99.88   51,779      0.12    43,868,673     54.58%     46,356 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          Re-election 
            of Mike 
  6         Brierley       43,816,894   99.88   51,779      0.12    43,868,673     54.58%     46,356 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          Re-election 
          of Alastair 
  7           Gunn         43,453,072   99.61   168,548     0.39    43,621,620     54.27%     293,409 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          Re-election 
           of Stuart 
  8          Bernau        43,183,985   99.00   437,635     1.00    43,621,620     54.27%     293,409 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          Re-election 
            of Keith 
  9          Carnby        43,183,590   99.00   438,030     1.00    43,621,620     54.27%     293,409 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          Re-election 
            of Lord 
 10          Flight        42,689,134   97.94   897,671     2.06    43,586,805     54.23%     328,224 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          Re-election 
           of Eugene 
 11         Lockhart       43,145,165   98.96   455,118     1.04    43,600,283     54.24%     314,746 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          Re-election 
            of Roger 
 12          Farah         43,684,967   99.58   183,706     0.42    43,868,673     54.58%     46,356 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          Re-election 
             of Sir 
            Michael 
 13          Snyder        43,392,133   98.96   455,203     1.04    43,847,336     54.55%     67,693 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
        Re-appointment 
 14       of Auditors      43,788,736   99.87   55,605      0.13    43,844,341     54.55%     70,688 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
         Remuneration 
 15       of Auditors      43,757,383   99.75   111,295     0.25    43,868,678     54.58%     46,351 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
           Authority 
            to allot 
 16          shares        43,761,522   99.76   107,156     0.24    43,868,678     54.58%     46,351 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
           Authority 
          to disapply 
          pre-emption 
 17*         rights        43,823,678   99.90   45,000      0.10    43,868,678     54.58%     46,351 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
          Additional 
           authority 
          to disapply 
          pre-emption 
 18*       rights(1)       43,563,279   99.30   305,399     0.70    43,868,678     54.58%     46,351 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
           Authorise 
            reduced 
             notice 
           of general 
            meeting 
             other 
            than an 
 19*          AGM          39,445,842   89.92   4,422,836   10.08   43,868,678     54.58%     46,351 
----  ------------------  -----------  ------  ----------  ------  -------------  ---------  -------------------- 
 
 

* Passed as a special resolution.

** = Issued Share Capital

*** = Votes 'withheld' have not been included in the calculation of whether a resolution is carried. Percentages have been rounded to two decimal places.

(1) With the consent of the meeting, Resolution 18 was passed as corrected in the Notice of Annual General Meeting uploaded to the Company's website on 30 March 2017.

A copy of the above results will shortly be available in the investor section of Metro Bank PLC 's website.

In accordance with Listing Rule 9.6.3R, a copy of the resolutions passed as Special Business at the AGM have been submitted to the National Storage Mechanism and will be available in due course for viewing at http://www.morningstar.co.uk/uk/NSM

Enquiries

Metro Bank PLC

Michael Brierley

Company Secretary 020 3402 8900

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 25, 2017 12:44 ET (16:44 GMT)