Admiral Group PLC Notice Of Agm

 
TIDMADM 
 
 
   Notice of Annual General Meeting and Annual Report and Accounts 
 
   24 March 2021 
 
   Admiral Group Plc ("Company") announces that its Annual General Meeting 
("AGM") will be held at 2pm on Friday 30 April 2021 at the Company's 
registered office of T Admiral, David Street, Cardiff, CF10 2EH. 
 
   The Company will today publish and post to shareholders its annual 
report for the year ended 31 December 2020 (the "Annual Report"), 
together with its 2021 Annual General Meeting notice (the "Notice") with 
related explanatory circular (the "Circular") (together the "AGM Notice 
and Circular"). 
 
   In addition to the regular AGM business, the AGM Notice and Circular 
contains a proposed resolution to rectify a procedural issue regarding 
the payment of a number of historical dividends by the Company (the 
"Relevant Distributions"). 
 
   In order to remedy this, the proposed resolution will, if passed, ratify 
the Relevant Distributions and give the Board authority to enter into 
deeds of release for shareholders and directors and restore all parties 
to the position they were intended to be in had the Relevant 
Distributions been made in accordance with the procedural requirements 
of the Companies Act 2006. This is in line with the remedies taken by 
other listed companies that have encountered similar procedural issues 
in the past. The issue is of a historical nature and there is no change 
to the financial outlook of the Company and no past accounts will need 
to be restated. No fines or other penalties have been incurred by the 
Company. There is no impact on the final dividend for the 2020 year 
proposed for approval by shareholders at the AGM. 
 
   The Circular, which was approved today by the Financial Conduct 
Authority, contains further details of the Relevant Distributions. The 
Notice, which accompanies the Circular, convenes the Annual General 
Meeting of the Company for 2pm on 30 April 2021 at T Admiral, David 
Street, Cardiff, CF10 2EH. 
 
   The Annual Report and the AGM Notice and Circular is available at 
www.admiralgroup.co.uk/investor-relations. 
 
   Copies of the above documents have been submitted to the National 
Storage Mechanism and will shortly be available for inspection at: 
https://data.fca.org.uk/#/nsm/nationalstoragemechanism 
 
   Mark Waters 
 
   Company Secretary 
 
   LEI Number: 213800FGVM7Z9EJB2685 
 
 
 
 

(END) Dow Jones Newswires

March 24, 2021 12:32 ET (16:32 GMT)

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