Direct Line Insurance Group PLC Result of AGM (5780Y)

TIDMDLG

RNS Number : 5780Y

Direct Line Insurance Group PLC

13 May 2021

2021 Annual General Meeting Poll Results for Direct Line Insurance Group Plc

13 May 2021

Direct Line Insurance Group plc (the "Company") announces that all resolutions proposed to shareholders at its Annual General Meeting today were carried by the requisite majority on a poll.

The following table shows the votes cast for each resolution:

 
 Resolution                            For         % of     Against      % of     Total votes      % of       Votes 
                                                   votes                 votes                    issued     withheld 
                                                   cast                  cast                      share 
                                                                                                  capital 
                                                                                                   voted 
        To receive 
         the report 
         and accounts 
         for the year 
         ended 31 December 
 1.      202 0                    1,061,815,495   99.94    648,802      0.06     1,062,464,297   78.47%     838,666 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To approve 
         the Directors' 
         Remuneration 
 2.      Report                   1,038,647,888   97.69    24,537,644   2.31     1,063,185,532   78.53%     117,721 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To declare 
         a final dividend 
 3.      of 14.7p                 1,057,154,483   99.43    6,103,472    0.57     1,063,257,955   78.53%     45,298 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To re-elect 
         Danuta Gray 
 4.      as a Director            1,060,458,172   99.74    2,731,263    0.26     1,063,189,435   78.53%     113,818 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To re-elect 
         Mark Gregory 
 5.      as a Director            1,060,135,484   99.71    3,037,715    0.29     1,063,173,199   78.53%     130,054 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
 
   6.     RESOLUTION WITHDRAWN 
       --------------------------------------------------------------------------------------------------------------- 
        To re-elect 
         Penny James 
 7.      as a Director            1,062,826,923   99.96    385,656      0.04     1,063,212,579   78.53%     88,790 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To re-elect 
         Sebastian 
         James as a 
 8.      Director                 1,061,094,953   99.80    2,092,261    0.20     1,063,187,214   78.53%     116,039 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To elect Adrian 
         Joseph as 
 9.      a Director               1,062,026,716   99.89    1,160,143    0.11     1,063,186,859   78.53%     116,394 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To re - elect 
         Fiona McBain 
 10.     as a Director            1,060,858,077   99.78    2,328,809    0.22     1,063,186,886   78.53%     116,367 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To re-elect 
         Gregor Stewart 
 11.     as a Director            1,016,373,384   99.01    10,171,712   0.99     1,026,545,096   75.82%     36,758,156 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To re-elect 
         Richard Ward 
 12.     as a Director            1,061,039,966   99.80    2,148,947    0.20     1,063,188,913   78.53%     114,340 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To re-appoint 
         Deloitte LLP 
 13.     as Auditor               967,885,089     91.04    95,301,976   8.96     1,063,187,065   78.53%     116,166 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To authorise 
         the Audit 
         Committee 
         to agree the 
         Auditor's 
 14.     remuneration             1,052,264,407   98.97    10,944,606   1.03     1,063,209,013   78.53%     94,240 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To authorise 
         the Company 
         to make political 
 15.     donations                1,036,902,891   97.53    26,278,766   2.47     1,063,181,657   78.53%     121,596 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To authorise 
         the Directors 
         to allot new 
 16.     shares                   1,022,098,043   96.13    41,137,554   3.87     1,063,235,597   78.53%     67,655 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To disapply 
         pre-emption 
 17.     rights*                  1,053,939,036   99.27    7,761,617    0.73     1,061,700,653   78.42%     1,602,600 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To further 
        disapply pre-emption 
        rights in 
 18.    specific circumstances*   975,040,040     91.84    86,663,437   8.16     1,061,703,477   78.42%     1,599,776 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To authorise 
         the Company 
         to purchase 
 19.     its own shares*          1,053,039,088   99.05    10,073,327   0.95     1,063,112,415   78.52%     190,838 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To authorise 
         the Company 
         to call general 
         meetings on 
         14 clear days' 
 20.     notice*                  1,011,307,106   95.12    51,910,056   4.88     1,063,217,162   78.53%     86,091 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To authorise 
         the Directors 
         to allot new 
         shares in 
         relation to 
         an issue of 
         Restricted 
         Tier 1 Capital 
 21.     Instruments              1,046,107,394   98.52    15,665,765   1.48     1,061,773,159   78.42%     1,530,094 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
        To authorise 
         the Directors 
         to disapply 
         pre-emption 
         rights in 
         relation to 
         an issue of 
         Restricted 
         Tier 1 Capital 
 22.     Instruments*             1,038,539,705   97.82    23,180,931   2.18     1,061,720,636   78.42%     1,582,617 
       ------------------------  --------------  -------  -----------  -------  --------------  ---------  ----------- 
 

NOTES:

   1.   * indicates a Special Resolution requiring 75% of votes cast to be carried. 
   2.   Votes "For" and "Against" are expressed as a percentage of votes cast. 
   3.   Votes "For" include discretionary votes. 

4. A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

5. The total number of ordinary shares in issue on 11 May 2021 was 1,353,338,609. Shareholders are entitled to one vote per share. Ordinary shareholders are entitled to one vote per share held.

6. To view the full wording of the resolutions, please refer to the 2021 Notice of Annual General Meeting on the Company's website.

In accordance with the UK Listing Authority's Listing Rule 9.6.2, copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Contact:

 
 Roger Clifton Company Secretary 
  Email: [e-mail] 
 
  LEI: 213800FF2R23ALJQOP04 
 
 

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May 13, 2021 09:45 ET (13:45 GMT)