Funding Circle Holdings PLC Result of AGM (1722Z)

TIDMFCH

RNS Number : 1722Z

Funding Circle Holdings PLC

19 May 2021

19 May 2021

Funding Circle Holdings plc

Poll Results of 2021 Annual General Meeting

Following its Annual General Meeting ("AGM") held today, Funding Circle Holdings plc (the "Company") announces that all resolutions proposed to shareholders as set out in the Notice of AGM were carried by the requisite majority on a poll. Resolutions 1 to 14 and 19 were passed as ordinary resolutions and resolutions 15 to 18 were passed as special resolutions. The table set out below shows the votes cast on each resolution.

 
 Resolution                          Votes       % of      Votes        %         Total        % of       Votes 
                                      for        votes     against      of        votes       issued     withheld 
                                                 cast                  votes                   share 
                                                                       cast                   capital 
                                                                                               voted 
       To receive the 
        Annual Report 
        and Accounts 
        of the Company 
        for the year 
        ended 31 December 
 1.     2020                      230,146,356   100.00      420        0.00    230,146,776    64.76%     139,809 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To approve the 
        Directors' Remuneration 
        Report for the 
        year ended 31 
        December 2020 
        (excluding the 
        Directors' Remuneration 
 2.     Policy)                   219,192,706   95.18    11,093,878    4.82    230,286,584    64.80%        1 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To approve the 
        Directors' Remuneration 
 3.     Policy                    226,078,928   98.59    3,229,853     1.41    229,308,781    64.53%     977,804 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To approve the 
        Funding Circle 
        Holdings plc 
        Deferred Bonus 
 4.     Plan                      230,238,390   99.98      46,972      0.02    230,285,362    64.80%      1,205 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To reappoint 
        PricewaterhouseCoopers 
        LLP as auditors 
 5.     of the Company            230,266,281   99.99      18,031      0.01    230,284,312    64.80%      2,273 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To authorise 
        the Audit Committee 
        to fix the remuneration 
 6.     of the auditors           230,249,230   99.98      37,336      0.02    230,286,566    64.80%        1 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To re-elect Eric 
        Daniels as a 
 7.     Director                  223,447,041   97.44    5,860,831     2.56    229,307,872    64.53%     978,713 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To re-elect Samir 
 8.     Desai as a Director       229,243,298   99.55    1,042,360     0.45    230,285,658    64.80%       909 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To re-elect Geeta 
        Gopalan as a 
 9.     Director                  230,099,432   99.92     186,244      0.08    230,285,676    64.80%       909 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To re-elect Andrew 
        Learoyd as a 
 10.    Director                  219,518,805   95.75    9,738,661     4.25    229,257,466    64.51%    1,029,119 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To re-elect Hendrik 
 11.    Nelis as a Director       226,207,880   98.23    4,077,795     1.77    230,285,675    64.80%       910 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To elect Oliver 
 12.    White as a Director       229,231,946   99.54    1,053,730     0.46    230,285,676    64.80%       909 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To re-elect Neil 
 13.    Rimer as a Director       220,228,258   95.63    10,057,417    4.37    230,285,675    64.80%       910 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To authorise 
        the Directors 
 14.    to allot shares           214,767,337   93.26    15,519,248    6.74    230,286,585    64.80%        0 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To disapply pre-emption 
 15.    rights(*)                 230,276,489   100.00     9,415       0.00    230,285,904    64.80%       681 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To further disapply 
        pre-emption rights 
        in connection 
        with an acquisition 
        or specified 
 16.    capital investment(*)     230,163,319   99.95     122,584      0.05    230,285,903    64.80%       682 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To authorise 
        the Company to 
        purchase its 
 17.    own shares(*)             230,242,447   99.99      17,554      0.01    230,260,001    64.80%     26,584 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To authorise 
        the Company to 
        call general 
        meetings (other 
        than an annual 
        general meeting) 
        on not less than 
        14 clear days' 
 18.    notice(*)                 228,975,610   99.43    1,304,646     0.57    230,280,256    64.80%      6,329 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
       To authorise 
        the Company to 
        make political 
 19.    donations                 221,374,698   96.13    8,911,886     3.87    230,286,584    64.80%        1 
      -------------------------  ------------  -------  -----------  -------  ------------  ---------  ---------- 
 

Other

   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 therefore not counted in the calculation of the votes "For" or "Against" a resolution.

   5.     Equiniti, the Company's registrar, acted as scrutineer of the poll on all resolutions. 

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

7. In accordance with Listing Rule 9.6.2, copies of all the resolutions passed other than resolutions concerning ordinary business will shortly be available for inspection on the National Storage Mechanism at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

8. On Monday 17 May 2021, the total number of issued ordinary shares of GBP0.001 each entitling the holders to attend and vote on all the resolutions at the AGM was 355,365,362.

For and on behalf of

Funding Circle Holdings plc

Lucy Vernall

Company Secretary

Investor relations and media relations:

Investor Relations

David de Koning - Director of Investor Relations and Communications (0203 927 3893)

Media relations

Natasha Jones - Head of UK Communications (020 3667 2245)

Headland Consultancy - Mike Smith / Stephen Malthouse (020 3805 4822)

About Funding Circle:

Funding Circle (LSE: FCH) is a small and medium enterprise ("SME") loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including banks, asset management companies, insurance companies, government-backed entities, retail investors and funds - have lent more than GBP12 billion to 100,000 businesses globally.

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May 19, 2021 07:45 ET (11:45 GMT)