Last checked at 19 Oct 2022 17:16
Hargreaves Lansdown plc
Results of Annual General Meeting ("AGM")
The Board is pleased to announce that at the AGM of the Company held on Wednesday 19th October 2022, all of the resolutions proposed at the Meeting were duly passed by shareholders.
For information, full details of the votes received were as follows:
Resolution Number | For | Against | Total Vote * | % of ISC voted
| Withheld * | ||
No. of Votes | % | No. of Votes | % | No. of Votes | No. of votes | ||
1. Receive the Report of Directors and Audited Accounts | 403,994,983 | 99.93 | 301,899 | 0.07 | 404,296,882 | 85.24% | 8,943,361 |
2. Approve the final dividend | 410,334,009 | 100.00 | 586 | 0.00 | 410,334,595 | 86.51% | 2,905,648 |
3. Approve Directors' Report on Remuneration | 384,584,392 | 93.07 | 28,638,812 | 6.93 | 413,223,204 | 87.12% | 18,101 |
4. Re-appointment of Auditors | 404,350,200 | 98.54 | 5,982,593 | 1.46 | 410,332,793 | 86.51% | 2,908,512 |
5. Auditors' Remuneration | 410,281,280 | 99.99 | 52,031 | 0.01 | 410,333,311 | 86.51% | 2,907,994 |
6. Re-election of Deanna Oppenheimer - Non-Executive Chair | 270,609,544 | 66.47 | 136,509,572 | 33.53 | 407,119,116 | 85.83% | 6,122,189 |
7. Re-election of Christopher Hill - Executive Director | 272,169,889 | 93.17 | 19,957,843 | 6.83 | 292,127,732 | 61.59% | 121,112,511 |
8. Election of Amy Stirling - Executive Director | 408,064,991 | 99.49 | 2,103,311 | 0.51 | 410,168,302 | 86.48% | 3,073,003 |
9. Re-election of Dan Olley - Non-Executive Director | 400,448,385 | 97.63 | 9,720,292 | 2.37 | 410,168,677 | 86.48% | 3,072,628 |
10. Re-Election of Roger Perkin- Non-Executive Director | 398,749,920 | 97.22 | 11,418,857 | 2.78 | 410,168,777 | 86.48% | 3,072,528 |
11. Re-Election of John Troiano - Non-Executive Director | 401,961,531 | 98.00 | 8,207,846 | 2.00 | 410,169,377 | 86.48% | 3,071,928 |
12. Re-Election of Andrea Blance- Non-Executive Director | 398,750,643 | 97.22 | 11,418,734 | 2.78 | 410,169,377 | 86.48% | 3,071,928 |
13. Re-Election of Moni Mannings - Non-Executive Director | 304,860,443 | 74.33 | 105,306,710 | 25.67 | 410,167,153 | 86.48% | 3,074,152 |
14. Re-Election of Adrian Collins - Non-Executive Director | 408,048,504 | 99.48 | 2,120,172 | 0.52 | 410,168,676 | 86.48% | 3,072,629 |
15. Re-Election of Penny James - Non-Executive Director | 406,338,744 | 99.07 | 3,828,958 | 0.93 | 410,167,702 | 86.48% | 3,073,603 |
16. Election of Darren Pope - Non-Executive Director | 408,109,999 | 99.50 | 2,057,603 | 0.50 | 410,167,602 | 86.48% | 3,073,703 |
17. Authority to Purchase Own Shares ** | 404,052,405 | 98.47 | 6,272,903 | 1.53 | 410,325,308 | 86.51% | 2,915,997 |
18. Authority to Allot Shares | 403,258,737 | 98.27 | 7,085,865 | 1.73 | 410,344,602 | 86.51% | 2,896,703 |
19. Authority to Dis-apply Statutory Pre-emption Rights ** | 409,167,571 | 99.71 | 1,176,998 | 0.29 | 410,344,569 | 86.51% | 2,896,736 |
20. Approve short notice for general meetings ** | 400,916,830 | 97.70 | 9,417,215 | 2.30 | 410,334,045 | 86.51% | 2,907,260 |
Results of the poll can also be viewed on the Company's website: www.hl.co.uk/investor-relations/investor-information/agm.
* 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.
** Special Resolutions requiring a 75% majority.
In accordance with Listing Rule 9.6.3(1), two copies of the resolutions (other than those resolutions comprising ordinary business) passed by the Company at its Annual General Meeting ('AGM') held on 19th October 2022 have been submitted to the Financial Conduct Authority.
The total number of shares in issue at the close of business on 18 October 2022 was 474,318,625 ordinary shares of 0.4pence each. There are no shares held in Treasury.
A copy of this document has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM.
The Board notes that resolution 6 (Re-election of D Oppenheimer) and resolution 13 (re-election of M Mannings) were passed with the necessary majority but with less than 80% of support. The Board will consult with the specific shareholders who did not vote in favour to understand any concerns.
Claire Chapman
Company Secretary
Enquiries:
Danny Cox, Head of Communications:
07989 672 071
James Found, Head of Investor Relations:
07970 066 634
LEI: 2138008ZCE93ZDSESG90
Company Number: 02122142