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Last checked at 
26 Apr 2019 17:12
26 April 2019
Alfa Financial Software Holdings PLC
("Alfa" or the "Company")
Results of AGM
The results of voting at Alfa's Annual General Meeting, which was held today, are summarised below. All Resolutions were voted by way of a poll and were carried. The votes cast for resolutions 6 and 7 relating to the election of the independent Directors were duly passed by both a majority of the votes cast by the independent shareholders as well as by a majority of votes cast by all shareholders. These votes have been calculated separately and are shown below.
The final voting figures are as follows:
| For | Against | Total votes cast | Vote withheld | |||
Resolution | No. of votes | % of votes cast | No. of votes | % of votes cast | No. of votes | No. of votes | |
1. To receive and adopt the Directors' report and accounts for the year ending 31 December 2018 | 270,797,776 | 100.00 | 0 | 0.00 | 270,797,776 | 11,916,658 | |
2. To approve the Directors' Remuneration Report | 268,648,401 | 99.99 | 33,165 | 0.01 | 268,681,566 | 14,032,868 | |
3. To elect Andrew Denton as a Director | 270,784,957 | 99.98 | 47,553 | 0.02 | 270,832,510 | 11,881,924 | |
4. To elect Vivienne Maclachlan as a Director | RESOLUTION WITHDRAWN | ||||||
5. To elect Andrew Page as a Director | 269,923,522 | 99.66 | 908,988 | 0.34 | 270,832,510 | 11,881,924 | |
6. To elect Karen Slatford as a Director | All | 267,597,879 | 98.81 | 3,234,631 | 1.19
| 270,832,510 | 11,881,924 |
| Independent | 69,952,230 | 95.58 | 3,234,631 | 4.42 | 73,186,861 | 11,881,924 | |
7. To elect Robin Taylor as a Director | All | 270,773,776 | 99.98 | 58,734 | 0.02 | 270,832,510 | 11,881,924 |
| Independent | 73,128,127 | 99.92 | 58,734 | 0.08 | 73,186,861 | 11,881,924 | |
8. To re-appoint Deloitte LLP as auditors | 270,832,510 | 100.00 | 0 | 0.00 | 270,832,510 | 11,881,924 | |
9. To authorise the Audit and Risk Committee to determine the auditor's remuneration | 270,837,660 | 100.00 | 0 | 0.00 | 270,837,660 | 11,876,774 | |
10. To authorise the Directors to allot shares | 270,046,392 | 99.71 | 786,118 | 0.29 | 270,832,510 | 11,881,924 | |
11. Authority to disapply statutory pre-emption rights | 270,831,360 | 100.00 | 600 | 0.00 | 270,831,960 | 11,882,474 | |
12. Additional authority to disapply statutory pre-emption rights | 270,092,243 | 99.73 | 739,717 | 0.27 | 270,831,960 | 11,882,474 | |
13. To authorise the Company to purchase its own shares | 270,236,209 | 99.78 | 601,451 | 0.22 | 270,837,660 | 11,876,774 | |
14. Authority to call a general meeting (other than an AGM) on not less than 14 clear days' notice | 270,273,811 | 99.79 | 563,299 | 0.21 | 270,837,110 | 11,877,324 | |
15. To authorise the Company to make political donations | 270,221,583 | 99.78 | 603,770 | 0.22 | 270,825,353 | 11,889,081 | |
Notes:
1. Any proxy arrangement which gave discretion to the Chairman has been included in the "for" totals.
2. 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" any resolution.
3. The number of shares in issue at close of business on 24 April 2019 was 300,000,000 (the "Share Capital"). The Company does not hold any shares in treasury.
As previously announced on 23 January 2019 and 4 April 2019 respectively, Richard Longdon and Vivienne Maclachlan have both stepped down from the Board effective from today. Resolution 4, related to the re-election of Ms Maclachlan, was withdrawn on the basis that it would have been ineffective had it been passed.
In accordance with Listing Rule 9.6.2, copies of resolutions passed at the AGM concerning items other than ordinary business will shortly be available for inspection on the National Storage Mechanism which can be accessed at http://www.morningstar.co.uk/uk/nsm
Enquiries
Alfa Financial Software Holdings PLC Andrew Denton, Chief Executive
| +44 (0)20 7588 1800 |
Tulchan Communications LLP James Macey White Matt Low Deborah Roney
|
+44 (0)20 7353 4200
|
Notes to Editors
Alfa has been delivering systems and consultancy services to the global asset and automotive finance industry since 1990. Our best practice methodologies and specialised knowledge of asset finance mean that we deliver the largest software implementations and most complex business change projects. With an excellent delivery history over nearly three decades in the industry, Alfa's track record is unrivalled.
Alfa Systems, our class-leading technology platform, is at the heart of some of the world's largest asset finance companies. Key to the business case for each implementation is Alfa Systems' ability to replace multiple client systems on a single platform. Alfa Systems supports both retail and corporate business for auto, equipment, wholesale and dealer finance on a multijurisdictional basis, including leases/loans, originations and servicing. An end-to-end solution with integrated workflow and automated processing using business rules, the opportunities that Alfa Systems presents to asset finance companies are clear and compelling.
Alfa Systems is used by customers in more than 25 countries and Alfa has offices in Europe, Asia-Pacific and North America. For more information, visit www.alfasystems.com.
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