Fintel PLC Result of AGM (8217L)

TIDMFNTL

RNS Number : 8217L

Fintel PLC

17 May 2022

17 May 2022

Fintel plc

(the "Company" or "Fintel")

Result of 2022 Annual General Meeting

Fintel plc (AIM: FNTL) announces that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Company's AGM, held earlier today.

Details of the proxy votes received by the Company are as follows:

 
                                    For                      Against                 Total Votes          Withheld 
                                    No. of votes   %         No. of votes   %        No. of votes   %     No. of votes 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 1. To receive the Annual Report 
  and Accounts                      63,516,191     75.11%    21,046,230     24.89%   84,563,558     100   1,137 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 2. To declare final dividend of 
  2 pence per ordinary share        84,562,421     100.00%   0              0.00%    84,563,558     100   1,137 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 3. To re-elect Ken Davy            54,710,620     93.64%    3,714,027      6.36%    84,563,558     100   26,138,911 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 4. To re-elect Neil Stevens        81,080,133     100.00%   100            0.00%    84,563,558     100   3,483,325 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 5. To re-elect Matt Timmins        81,080,133     100.00%   100            0.00%    84,563,558     100   3,483,325 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 6. To re-elect Tim Clarke          84,290,065     99.68%    272,356        0.32%    84,563,558     100   1,137 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 7. To re-elect David Thompson      84,562,321     100.00%   100            0.00%    84,563,558     100   1,137 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 8. To re-elect Imogen Joss         70,218,351     83.07%    14,308,070     16.93%   84,563,558     100   37,137 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 9. To appoint EY as auditor        84,560,142     100.00%   2,279          0.00%    84,563,558     100   1,137 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 10. To authorise Directors to 
  determine auditor's 
  remuneration                      84,560,480     100.00%   0              0.00%    84,563,558     100   3,078 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 11. To authorise the Company to 
  make political donations and 
  incur political expenditure       63,296,114     75.21%    20,860,866     24.79%   84,563,558     100   406,578 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 12. To authorise the Directors 
  to allot relevant securities      74,136,401     87.67%    10,424,079     12.33%   84,563,558     100   3,078 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 13. To authorise the directors 
  to allot equity securities for 
  cash without making a pre- 
  emptive offer to shareholders*    74,130,022     87.67%    10,430,458     12.33%   84,563,558     100   3,078 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 14. To authorise the directors 
  to allot equity securities for 
  cash in relation to an 
  acquisition 
  or other capital investment*      74,130,022     87.67%    10,430,458     12.33%   84,563,558     100   3,078 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 15. To authorise the directors 
  to allot equity securities for 
  cash in relation to the Member 
  Share Option Plan*                74,132,301     87.67%    10,428,179     12.33%   84,563,558     100   3,078 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 16. To authorise the Company to 
  make market purchases of its 
  ordinary shares*                  84,160,480     100.00%   0              0.00%    84,563,558     100   403,078 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 17. To allow general meetings 
  (other than AGMs) to be called 
  on 14 clear days' notice*         82,718,178     99.98%    19,243         0.02%    84,563,558     100   1,826,137 
                                   -------------  --------  -------------  -------  -------------  ----  ------------- 
 

*Special resolution

Notes:

1. Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.

2. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.

3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against".

   4.    The number of shares in issue on 17 May 2022 was 102,970,339 with no shares in treasury. 

5. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.wearefintel.com .

The Board of notes that more than 20% of votes were cast against resolution 1 and resolution 11. The Board takes these votes very seriously and will engage with shareholders and shareholder advisory bodies as appropriate to ensure their feedback informs the Company's future approach to these matters.

For further information please contact:

Fintel plc via Instinctif Partners

Matt Timmins (Joint Chief Executive Officer)

Neil Stevens (Joint Chief Executive Officer)

David Thompson (Chief Financial Officer)

Zeus (Nominated Adviser and Joint Broker) [phone]

Martin Green

Dan Bate

Investec Bank (Joint Broker) [phone]

Bruce Garrow

David Anderson

Harry Hargreaves

Instinctif Partners (Financial PR) [phone]

Mark Walter [e-mail]

Tim Linacre

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May 17, 2022 09:24 ET (13:24 GMT)