Last checked at 9 Jun 2022 12:45
9 June 2022
Funding Circle Holdings plc
Poll Results of 2022 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 15 and 20 were passed as ordinary resolutions and resolutions 16 to 19 were passed as special resolutions. The table set out below 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 of the Company for the year ended 31 December 2021 | 242,532,100 | 100.00 | 0 | 0.00 | 242,532,100 | 67.25% | 7,122 |
2. | To approve the Directors' Remuneration Report for the year ended 31 December 2021 | 242,440,714 | 99.96 | 89,361 | 0.04 | 242,530,075 | 67.25% | 9,147 |
3. | To reappoint PricewaterhouseCoopers LLP as auditors of the Company | 242,522,168 | 100.00 | 6,509 | 0.00 | 242,528,677 | 67.25% | 10,545 |
4. | To authorise the Audit Committee to fix the remuneration of the auditors | 242,523,962 | 100.00 | 5,510 | 0.00 | 242,529,472 | 67.25% | 9,750 |
5. | To re-elect Andrew Learoyd as a Director | 233,927,338 | 96.80 | 7,743,368 | 3.20 | 241,670,706 | 67.01% | 868,516 |
6. | To elect Lisa Jacobs as Director | 241,462,174 | 99.56 | 1,065,457 | 0.44 | 242,527,631 | 67.25% | 11,591 |
7. | To re-elect Oliver White as a Director | 241,462,074 | 99.56 | 1,065,557 | 0.44 | 242,527,631 | 67.25% | 11,591 |
8. | To re-elect Geeta Gopalan as a Director | 239,896,458 | 98.92 | 2,631,173 | 1.08 | 242,527,631 | 67.25% | 11,591 |
9. | To re-elect Eric Daniels as a Director | 234,119,505 | 96.53 | 8,407,899 | 3.47 | 242,527,404 | 67.25% | 11,818 |
10. | To elect Helen Beck as a Director | 239,820,567 | 98.88 | 2,707,064 | 1.12 | 242,527,631 | 67.25% | 11,591 |
11. | To elect Matthew King as a Director | 242,520,520 | 100.00 | 7,111 | 0.00 | 242,527,631 | 67.25% | 11,591 |
12. | To re-elect Samir Desai as a Director | 236,835,984 | 97.65 | 5,691,776 | 2.35 | 242,527,760 | 67.25% | 11,462 |
13. | To re-elect Hendrik Nelis as a Director | 237,954,767 | 98.11 | 4,572,637 | 1.89 | 242,527,404 | 67.25% | 11,818 |
14. | To re-elect Neil Rimer as a Director | 237,954,717 | 98.11 | 4,572,687 | 1.89 | 242,527,404 | 67.25% | 11,818 |
15. | To authorise the Directors to allot shares
| 242,442,649 | 99.96 | 87,610 | 0.04 | 242,530,259 | 67.25% | 8,963 |
16. | To disapply pre-emption rights* | 242,517,974 | 100.00 | 6,584 | 0.00 | 242,524,558 | 67.25% | 14,664 |
17. | To further disapply pre-emption rights in connection with an acquisition or specified capital investment* | 242,423,672 | 99.96 | 101,113 | 0.04 | 242,524,785 | 67.25% | 14,437 |
18. | To authorise the Company to purchase its own shares* | 242,527,620 | 100.00 | 2,737 | 0.00 | 242,530,357 | 67.25% | 8,865 |
19. | To authorise the Company to call general meetings (other than an annual general meeting) on not less than 14 clear days' notice* | 241,228,271 | 99.46 | 1,302,352 | 0.54 | 242,530,623 | 67.25% | 8,599 |
20. | To authorise the Company to make political donations | 242,509,557 | 99.99 | 16,928 | 0.01 | 242,526,485 | 67.25% | 12,737 |
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 2022 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: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
8. On Tuesday 7 June 2022, 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 360,643,568.
For and on behalf of
Funding Circle Holdings plc
Lucy Vernall
Company Secretary
Investor relations and media relations:
Abigail Whittaker - Director of Communications (07989 876136)
Headland Consultancy - Mike Smith / Stephen Malthouse (020 3805 4822)
About Funding Circle:
Funding Circle (LSE: FCH) is a small and medium enterprise ("SME") loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including banks, asset management companies, insurance companies, government-backed entities, retail investors and funds - have lent more than £12 billion to 100,000 businesses globally.