24 Sep 2019 17:00
24 September 2019
Park Group plc
("Park" the "Company" or the "Group")
Result of AGM
Park Group plc, the UK's leading multi-retailer redemption product provider to corporate and consumer markets, announces that at the Company's AGM held earlier today, all resolutions were duly passed.
For information, the votes cast were as follows:
Resolutions | For | % Votes cast | Against | % Votes cast | Total Votes Cast (excl. Votes Withheld) | Vote Withheld |
1 | 170 | 98.84% | 2 | 1.16% | 172 | 3 |
2 | 173 | 99.43% | 1 | 0.57% | 174 | 1 |
3 | 121 | 74.69% | 41 | 25.31% | 162 | 14 |
4 | 159 | 95.78% | 7 | 4.22% | 166 | 10 |
5 | 162 | 95.29% | 8 | 4.71% | 170 | 5 |
6 | 160 | 93.57% | 11 | 6.43% | 171 | 4 |
7 | 158 | 92.40% | 13 | 7.60% | 171 | 5 |
8 | 129 | 77.71% | 37 | 22.29% | 166 | 9 |
Votes withheld are not a vote in law and have not been counted in the calculation of the votes for and against the resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.
The Board of Park Group notes that there have been a number of votes cast against Resolution 3 (25.31%) and Resolution 8 (22.29%) and will engage directly with Shareholders to understand their concerns.
END
For further information please contact:
Park Group plc | Liberum (NOMAD and broker) | MHP Communications |
Ian O'Doherty Tim Clancy
|
Richard Crawley Jamie Richards
|
Reg Hoare Katie Hunt Patrick Hanrahan Charles Hirst |
Tel: 0151 653 1700 |
Tel: 020 3100 2251 |
Tel: 020 3128 8193 |
Notes to Editors:
Park is the UK's leading multi-retailer redemption product provider to corporate and consumer markets. Park is dedicated to providing its new and existing customers access to its offering through easy to use products, supported by intuitive and innovative digital platforms combined with its sales and customer services teams. As part of its strategic plan the company has pledged to put digital first, exploring technology solutions to broaden its physical and virtual payment capabilities. Park recently unveiled its new Love2Shop app, which gives consumers access to one integrated mobile platform.
Consumers can access Park's multi-retailer redemption product directly or via its leading Christmas Savings offering, which currently helps over 426,000 families budget for Christmas. Park also provides around 37,000 business customers with market-leading incentive, recognition and rewards options for an estimated 2 million recipients through 189 retail partners with over 25,000 outlets.
Park Group plc's shares are traded on AIM, a market operated by the London Stock Exchange.
For further information on Park Group please visit: www.parkgroup.co.uk
The Park Prepayments Protection Trust is designed to increase protection for customers' prepayments. The Trust has three directors, two of whom are independent of Park. Details of the trust are set out here: https://www.getpark.co.uk/CORPORATE/declaration.pdf