Last checked at 8 Nov 2023 11:55
8 November 2023
Hansard Global plc
Results of Annual General Meeting held on 8 November 2023
Hansard Global plc (the "Company") announces that at its Annual General Meeting ("AGM") held on 8 November 2023, Resolutions 1 to 12 (inclusive) as ordinary resolutions and Resolution 13 as a special resolution, were duly passed on a show of hands and the results of the proxy votes are as follows:
RESOLUTION | VOTES FOR | % OF VOTES CAST | VOTES AGAINST | % OF VOTES CAST | VOTES CAST IN TOTAL | TOTAL VOTES CAST AS A % OF ISSUED SHARE CAPITAL | VOTES WITHHELD | |
1. | To receive the Company's 2023 financial statements, together with the Directors' Report and auditor's report thereon. |
97,998,258
|
99.95
| 40,750 | 0.04 |
98,039,278
| 71% |
2,500
|
2. | To approve the Remuneration Report for the year ended 30 June 2023 | 97,849,666 | 99.80 | 184,463 | 0.19 |
98,034,129
| 71% | 7,649 |
3. | To declare a final dividend of 2.65 pence per share. | 98,037,828 | 99.98 | 3,950 | 0 | 98,041,778 | 71% | 0 |
4. | To re-elect Mr P B Kay as a director. | 97,986,830 | 99.94 | 50,685 | 0.05 |
98,037,515
| 71% | 4,263 |
5. | To re-elect Mr G Sheward as a director. | 97,986,830 | 99.94 | 51,313 | 0.05 |
98,037,515
| 71% | 4,263 |
6. | To elect Mr T Morfett as a director. | 97,990,330 | 99.94 | 47,185 | 0.05 |
98,037,515
| 71% | 4,263 |
7. | To re-elect Mr D J G Peach as a director | 97,985,702 | 99.94 | 51,813 | 0.05 |
98,037,515
| 71% | 4,263 |
8. | To re-elect Mr J Ribeiro as a director | 97,983,415 | 99.93 | 54,100 | 0.06 |
98,037,515
| 71% | 4,263 |
9. | To elect Dr C Theodorovics as a director | 97,984,202 | 99.94 | 53,313 | 0.05 |
98,037,515
| 71% | 4,263 |
10. | To re-elect Mr M A L Polonsky as a director. | 97,964,216 | 99.92 | 73,299 | 0.07 |
98,037,515
| 71% | 4,263 |
11. | To appoint KPMG Audit LLC, Isle of Man as auditor. | 97,946,935 | 99.90 | 88,327 | 0.09 |
98,035,262
| 71% | 6,516 |
12. | To authorise the Directors to determine the auditor's remuneration. |
97,986,012
| 99.94 | 49,250 | 0.05 | 98,035,262 | 71% | 6,516 |
13 | To adopt the tabled Articles of Association in substitution for the current Articles of Association.
| 97,864,755 | 99.94 | 46,354 | 0.05 | 97,911,109 | 71% |
130,699
|
Votes of shareholders excluding the controlling shareholder/related parties on resolution(s) 7, 8 and 9 (election of independent non-executive directors)
RESOLUTION | VOTES FOR | VOTES AGAINST | VOTES WITHHELD |
7 | 31,104,765 | 51,813 | 4623 |
8 | 31,102,478 | 54,100 | 4263 |
9 | 31,103,265 | 53,313 | 4263 |
Notes:
1. Proxy Results are taken from the 33 valid Forms of Proxies received.
2. Any proxy appointments giving discretion to the Chair of the Meeting have been included in the "For" total.
3. A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.
4. The Company's total ordinary shares in issue (total voting rights) as at 8 November 2023 were 137,557,079. Ordinary shareholders are entitled to one vote per ordinary share held.
5. As the Company has a controlling shareholder, Dr Polonsky CBE, as defined in the Financial Conduct Authority's Listing Rules, resolutions 7,8 and 9 to re-elect Mr Peach and Mr Ribeiro and elect Dr Theodorovics (independent non-executive directors) has under Listing Rule 9.2.2E been approved by a majority of the votes cast by:
(a) the shareholders of the Company as a whole; and
(b) the independent shareholders of the Company, that is, all the shareholders entitled to vote on each resolution, excluding the controlling shareholder.
Enquiries:
Hansard Global plc +44 (0) 1624 688 000
Graham Sheward, Group Chief Executive Officer
Hazel Stewart, Company Secretary
Email: investor-relations@hansard.com
LEI number: 213800ZJ9F2EA3Q24K05
Notes to editors:
· Hansard Global plc is the holding company of the Hansard Group of companies. The Company was listed on the London Stock Exchange in December 2006. The Group is a specialist long-term savings provider, based in the Isle of Man.
· The Group offers a range of flexible and tax-efficient investment products within a life assurance policy wrapper, designed to appeal to affluent, international investors.
· The Group utilises a controlled cost distribution model via a network of independent financial advisors and the retail operations of certain financial institutions who provide access to their clients in more than 170 countries. The Group's distribution model is supported by Hansard OnLine, a multi-language internet platform, and is scalable.
· The principal geographic markets in which the Group currently services contract holders and financial advisors are the Middle East & Africa, the Far East and Latin America. These markets are served by Hansard International Limited and Hansard Worldwide Limited.
· Hansard Europe dac previously operated in Western Europe but closed to new business with effect from 30 June 2013.
· The Group's objective is to grow by attracting new business and positioning itself to adapt rapidly to market trends and conditions. The scalability and flexibility of the Group's operations allow it to enter or develop new geographic markets and exploit growth opportunities within existing markets without the need for significant further investment.