IntegraFin Holdings plc Result of AGM (6682D)

TIDMIHP

RNS Number : 6682D

IntegraFin Holdings plc

20 February 2020

IntegraFin Holdings plc (the "Company")

Results of AGM

At the Company's Annual General Meeting, held at 4.00pm on 20 February 2020, all resolutions set out in the Notice of Meeting were voted on a poll and were passed by the requisite majorities. The poll results are set out below.

 
 No.    Resolution                   Total For(1)   %        Total Against   %       Votes Witheld(2) 
        To receive the 
         Directors' Report, 
         Strategic Report, 
         Auditors' Report 
         and Financial 
         Statements for 
         the year ended 
  1.     30 September 2019           198,619,578    98.53    2,962,986       1.47    399,151 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To elect Richard 
  2.     Cranfield                   199,439,513    98.74    2,540,280       1.26    1,923 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To re-elect Caroline 
  3.     Banszky                     201,690,232    99.86    290,740         0.14    744 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To re-elect Victoria 
  4.     Cochrane                    201,436,044    99.73    544,314         0.27    1,358 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To re-elect Neil 
  5.     Holden                      199,496,086    98.77    2,484,885       1.23    744 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To re-elect Michael 
  6.     Howard                      148,632,527    86.01    24,175,352      13.99   29,173,836 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To elect Charles 
  7.     Robert Lister               200,010,031    99.02    1,969,762       0.98    1,923 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To re-elect Christopher 
  8.     Munro                       182,753,974    92.63    14,544,597      7.37    4,683,144 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To re-elect Alexander 
  9.     Scott                       199,916,132    98.98    2,065,583       1.02    0 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To re-elect Ian 
  10.    Taylor                      196,828,500    97.45    5,153,216       2.55    0 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To approve Directors' 
         Remuneration Report 
         for the year ended 
  11.    30 September 2019           190,331,885    96.47    6,967,430       3.53    4,682,400 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To re-appoint 
         BDO LLP as auditors 
  12.    to the Company              199,243,781    98.64    2,737,934       1.36    0 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To authorise Group's 
         Audit and Risk 
         Committee to determine 
  13.    the auditors remuneration   194,649,801    96.37    7,331,914       3.63    0 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To authorise the 
         Company and its 
         subsidiaries to 
         make political 
  14.    donations                   198,262,445    98.16    3,719,271       1.84    0 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To grant authority 
  15.    to allot new shares         193,820,985    95.96    8,160,731       4.04    0 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To grant authority 
         to disapply pre-emption 
  16.    rights(3)                   201,979,798    100.00   1,353           0.00    565 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To give additional 
         authority to disapply 
  17.    pre-emption rights(3)       192,666,811    95.39    9,314,339       4.61    565 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To grant authority 
         to repurchase 
         the Company's 
  18.    shares(3)                   200,442,835    99.26    1,503,551       0.74    35,329 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To give authority 
         to call a general 
         meeting on not 
         less than 14 clear 
  19.    days' notice(3)             196,844,647    97.46    5,137,069       2.54    0 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
        To authorise the 
         Company to rectify 
         the payment of 
         the 18 January 
  20.    2019 dividend(3,4)          160,796,247    100.00   0               0.00    40,977,375 
       ---------------------------  -------------  -------  --------------  ------  ----------------- 
 

Notes

(1) Includes those votes giving the Chair discretion

(2) A ' vote withheld' is not a vote in law and is not counted in the caluclation of votes ' for' or ' against' a resolution

(3) Passed as a special resolution and requiring a 75 percent majority

(4) As noted in the circular published by IntegraFin Holdings plc on 16 January 2020 (the "Circular"), Patrick Snowball (as a former director), the current directors (including Mike Howard, in his capacity as a director and a substantial shareholder) and their associates undertook to abstain from voting on resolution 20 as they were deemed to be 'related parties' of the Company for the purposes of the Listing Rules. Their combined shareholding represented 50,781,882 ordinary shares (approximately 15.3 percent of the Company's existing ordinary share capital) as at the date of the Annual General Meeting and these shares are therefore recorded as votes withheld in respect of resolution 20.

Following the passing of resolution 20 (and as described in detail in the Circular), the Company has today entered into a deed of release in respect of its shareholders and a deed of release in respect of its Directors and former directors in each case in the form that was annexed to the Circular.

The number of GBP0.01 ordinary shares in issue on 20 February 2020 was 331,322,014. Shareholders are entitled to one vote per share.

In accordance with Listing Rule 9.6.2, a copy of each resolution passed as a special resolution has been submitted to the National Storage Mechanism and will shortly be made available for inspection at http://www.morningstar.co.uk/uk/NSM .

The results will shortly be available on the Company's website at https://www.integrafin.co.uk.

Enquiries

   Helen Wakeford                                                                 [phone] 

Legal Entity Identifier: 213800CYIZKXK9PQYE87

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

RAGKKKBDOBKDKBB

(END) Dow Jones Newswires

February 20, 2020 12:14 ET (17:14 GMT)