Sabre Insurance Group PLC Results of Annual General Meeting (7029Y)

TIDMSBRE

RNS Number : 7029Y

Sabre Insurance Group PLC

14 May 2021

Sabre Insurance Group plc (the 'Company')

Announcement of the Results of Annual General Meeting 2021

The Annual General Meeting of Sabre Insurance Group plc was held on the 14 May 2021. All resolutions set out in the notice of Annual General Meeting were passed by the requisite majority by way of a poll. The table below shows the results of the poll on all 22 resolutions. Each shareholder present in person, or by proxy, was entitled to one vote per share held.

 
       Resolution                For        % votes     Against        %       Total votes    % of issued    Withheld 
                                            cast For                  votes        cast          share 
                                                                      cast      (excluding      capital 
                                                                     Against      votes          voted 
                                                                                withheld) 
       Receive and adopt 
       the 
       2020 financial 
       statements, 
       Directors' Report 
       and 
       Independent 
       Auditor's 
 1.    Report.               219,824,854      100.00            0       0.00    219,824,854          87.93     166,137 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Approve the 
       Directors' 
 2.    Remuneration Policy   200,920,076       94.75   11,140,790       5.25    212,060,866          84.82   7,930,125 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Approve the 
       Directors' 
 3.    Remuneration Report   218,352,124       99.26    1,635,213       0.74    219,987,337          87.99       3,654 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Approve the 
       amendments 
       to the Sabre 2017 
       Long-Term 
       Incentive Plan 
 4.    ("LTIP")              203,978,281       92.72   16,007,027       7.28    219,985,308          87.99       5,683 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Approve final 
       dividend 
       of 6.8 pence per 
       ordinary 
 5.    share                 219,990,766      100.00            0       0.00    219,990,766          88.00         225 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Approve special 
       dividend 
       of 4.9 pence per 
       ordinary 
 6.    share                 219,990,766      100.00            0       0.00    219,990,766          88.00         225 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       To elect Karen 
       Geary 
 7.    as a Director         219,987,044      100.00          600       0.00    219,987,644          88.00       3,347 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       To elect Michael 
       Koller 
 8.    as a Director         219,987,044      100.00          600       0.00    219,987,644          88.00       3,347 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       To re-elect 
       Catherine 
       Barton as a 
 9.    Director              219,334,683       99.70      655,390       0.30    219,990,073          88.00         918 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       To re-elect Geoff 
       Carter 
 10.   as a Director         219,989,473      100.00          600       0.00    219,990,073          88.00         918 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       To re-elect Ian 
       Clark 
 11.   as a Director         219,857,097       99.94      132,976       0.06    219,990,073          88.00         918 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       To re-elect Andrew 
       Pomfret 
 12.   as a Director         218,212,937       99.19    1,777,136       0.81    219,990,073          88.00         918 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       To re-elect Rebecca 
       Shelley as a 
 13.   Director              219,857,097       99.94      132,976       0.06    219,990,073          88.00         918 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       To re-elect Adam 
       Westwood 
 14.   as a Director         219,989,473      100.00          600       0.00    219,990,073          88.00         918 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       To reappoint Ernst 
       & 
       Young LLP as 
       auditor 
 15.   of the Company        215,567,596       97.99    4,423,170       2.01    219,990,766          88.00         225 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Authority to fix 
       auditor's 
 16.   remuneration          219,989,166      100.00          600       0.00    219,989,766          88.00       1,225 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Authority to make 
       political 
 17.   donations             213,824,816       97.20    6,165,364       2.80    219,990,180          88.00         811 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Authority to allot 
 18.   shares                214,305,227       97.42    5,684,203       2.58    219,989,430          88.00       1,561 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Disapplication of 
       pre-emption 
       rights (general 
 19.   authority)            219,798,633       99.91      191,547       0.09    219,990,180          88.00         811 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Disapplication of 
       pre-emption 
       rights (specific 
       capital 
 20.   investment)           211,293,020       96.05    8,697,160       3.95    219,990,180          88.00         811 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Market purchase of 
       its 
 21.   shares                219,943,815      100.00        5,922       0.00    219,949,737          87.98      41,254 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
       Authority to call a 
       general meeting 
       (other 
       than AGMs) on 14 
       clear 
 22.   days' notice          213,555,986       97.07    6,434,780       2.93    219,990,766          88.00         225 
      --------------------  ------------  ----------  -----------  ---------  -------------  -------------  ---------- 
 

NOTES:

   1.     The 'For' vote includes proxy appointments which gave the Chair discretion on how to vote. 

2. A vote 'Withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution nor in the calculation of the percentage of the issued share capital voted for any resolution.

   3.     Resolutions 19 to 22 were Special Resolutions requiring a 75% majority. 

4. As at 6.30 pm on 13 May 2021 the total number of ordinary shares in issue, and therefore total number of voting rights was 250,000,000. The Company did not hold any shares in treasury at that time.

5. As per Listing Rule 9.6.2 a copy of the full text of the resolutions passed at the Annual General Meeting (including resolutions concerning special business) will shortly be submitted to the National Storage Mechanism for inspection at https://data.fca.org.uk.

A copy is also available on Sabre's website -- https://www.sabreplc.co.uk/investors/annual-general-meeting/

Anneka Kingan

Company Secretary

Sabre Insurance Group plc

LEI Code: 2138006RXRQ8P8VKGV98

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May 14, 2021 06:46 ET (10:46 GMT)