Last checked at 5 Jun 2019 11:05
5 June 2019
Funding Circle Holdings plc
Poll results of 2019 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 16 and 21 were passed as ordinary resolutions and resolutions 17 to 20 were passed as special resolutions.
The following table shows the votes cast on each resolution:
Resolution | Votes for | % of votes cast | Votes against | % of votes cast | Total votes | % of issued share capital voted | Votes withheld | |
1. | To receive the Annual Report and Accounts for the Company for the year ended 31 December 2018 | 257,655,791 | 100.00 | 420 | 0.00 | 257,656,211 | 74.13% | 317,400 |
2. | To approve the Directors' Remuneration Report (excluding the Directors' Remuneration Policy) | 256,867,652 | 99.70 | 783,726 | 0.30 | 257,651,378 | 74.13% | 322,233 |
3. | To approve the Directors' Remuneration Policy | 256,886,226 | 99.70 | 769,531 | 0.30 | 257,655,757 | 74.13% | 317,854 |
4. | To reappoint PricewaterhouseCoopers LLP as auditors of the Company | 257,650,238 | 100.00 | 4,837 | 0.00 | 257,655,075 | 74.13% | 318,536 |
5. | To authorise the Board to determine the remuneration of the auditors | 257,643,573 | 100.00 | 12,638 | 0.00 | 257,656,211 | 74.13% | 317,400 |
6. | To elect Eric Daniels as a Director | 256,256,426 | 99.64 | 936,622 | 0.36 | 257,193,048 | 74.00% | 780,563 |
7. | To elect Samir Desai as a Director | 257,644,405 | 100.00 | 11,806 | 0.00 | 257,656,211 | 74.13% | 317,400 |
8. | To elect Sean Glithero as a Director | 257,639,769 | 99.99 | 12,942 | 0.01 | 257,652,711 | 74.13% | 320,900 |
9. | To elect Geeta Gopalan as a Director | 257,648,744 | 100.00 | 3,967 | 0.00 | 257,652,711 | 74.13% | 320,900 |
10. | To elect Catherine Keers as a Director | 255,020,009 | 98.98 | 2,632,702 | 1.02 | 257,652,711 | 74.13% | 320,900 |
11. | To elect Andrew Learoyd as a Director | 254,485,482 | 98.95 | 2,705,459 | 1.05 | 257,190,941 | 73.99% | 782,670 |
12. | To elect Hendrik Nelis as a Director | 257,621,060 | 99.99 | 31,651 | 0.01 | 257,652,711 | 74.13% | 320,900 |
13. | To elect Robert Steel as a Director | 254,992,325 | 98.97 | 2,660,386 | 1.03 | 257,652,711 | 74.13% | 320,900 |
14. | To elect Neil Rimer as a Director | 257,619,924 | 99.99 | 32,787 | 0.01 | 257,652,711 | 74.13% | 320,900 |
15. | To elect Edward Wray as a Director | 256,261,032 | 99.64 | 933,152 | 0.36 | 257,194,184 | 74.00% | 779,427 |
16. | To authorise the Directors to allot shares | 257,642,682 | 99.99 | 13,529 | 0.01 | 257,656,211 | 74.13% | 317,400 |
17. | To disapply pre-emption rights* | 257,008,049 | 100.00 | 1,778 | 0.00 | 257,009,827 | 73.94% | 963,784 |
18 | To further disapply pre-emption rights in connection with an acquisition or specified capital investment* | 256,978,049 | 99.99 | 35,021 | 0.01 | 257,013,070 | 73.94% | 960,541 |
19. | To authorise the Company to purchase its own shares* | 257,638,827 | 100.00 | 6,045 | 0.00 | 257,644,872 | 74.13% | 328,739 |
20. | To authorise the Company to call general meetings (other than an annual general meeting) on not less than 14 clear days' notice* | 257,102,870 | 99.79 | 553,341 | 0.21 | 257,656,211 | 74.13% | 317,400 |
21. | To authorise the Company to make political donations | 257,643,940 | 100.00 | 11,020 | 0.00 | 257,654,960 | 74.13% | 318,651 |
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 2019 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: www.morningstar.co.uk/uk/NSM.
8. On Monday 3 June 2019, the total number of issued ordinary shares of £0.001 each entitling the holders to attend and vote on all the resolutions at the AGM was 347,580,851.
For and on behalf of
Funding Circle Holdings plc
Lucy Vernall
Company Secretary
Media Enquiries:
Funding Circle
press@fundingcircle.com / 0203 667 2245
TB Cardew
Ed Orlebar (020 79300 777)
Tom Allison (020 79300 777)
Investor Relations:
Funding Circle
ir@fundingcircle.com / 0203 927 3893
About Funding Circle:
Funding Circle (LSE: FCH) is a global SME loans platform, connecting SMEs who want to borrow with investors who want to lend in the UK, US, Germany and the Netherlands. Since launching in 2010, investors across Funding Circle's geographies - including more than 90,000 retail investors, banks, asset management companies, insurance companies, government-backed entities and funds - have lent more than £7 billion to over 65,000 businesses globally. Funding Circle is a member of the FTSE 250 Index.