Last checked at 21 May 2020 12:06
Legal & general group plc
RESULTS OF ANNUAL GENERAL MEETING HELD ON 21 MAY 2020
Legal & General Group Plc announces that at its Annual General Meeting held today at 1 Coleman Street, London, EC2R 5AA all of the resolutions proposed in the Notice of the Meeting were passed by shareholders by means of a poll vote.
The votes cast were as follows:
Resolution | For 1 | Against | Votes Withheld 2 | ||
No. of shares1 | % | No. of shares | % | ||
Resolution 1 Receipt of financial statements for the year ended 31 December 2019 | 4,301,033,565 | 100.00 | 51,627 | 0.00 | 5,511,070 |
Resolution 2 Declaration of a final dividend of 12.64p per ordinary share | 4,292,766,661 | 99.68 | 13,687,097 | 0.32 | 142,504 |
Resolution 3 Election of Michelle Scrimgeour as a Director | 4,272,635,530 | 99.22 | 33,521,729 | 0.78 | 439,003 |
Resolution 4 Re-election of Henrietta Baldock as a Director | 4,268,136,293 | 99.12 | 37,713,879 | 0.88 | 746,090 |
Resolution 5 Re-election of Philip Broadley as a Director | 4,260,794,963 | 99.02 | 42,094,708 | 0.98 | 3,706,591 |
Resolution 6 Re-election of Jeff Davies as a Director | 4,262,572,077 | 98.99 | 43,433,340 | 1.01 | 590,845 |
Resolution 7 Re-election of Sir John Kingman as a Director | 4,259,991,962 | 98.93 | 46,028,067 | 1.07 | 576,233 |
Resolution 8 Re-election of Lesley Knox as a Director | 4,216,364,534 | 97.99 | 86,648,594 | 2.01 | 3,583,134 |
Resolution 9 Re-election of George Lewis as a Director | 4,256,640,622 | 98.92 | 46,259,430 | 1.08 | 3,696,210 |
Resolution 10 Re-election of Kerrigan Procter as a Director | 4,272,099,397 | 99.21 | 33,914,838 | 0.79 | 582,027 |
Resolution 11 Re-election of Toby Strauss as a Director | 4,264,241,323 | 99.03 | 41,598,315 | 0.97 | 756,624 |
Resolution 12 Re-election of Julia Wilson as a Director | 4,262,949,452 | 99.00 | 43,029,061 | 1.00 | 617,748 |
Resolution 13 Re-election of Nigel Wilson as a Director | 4,279,417,179 | 99.38 | 26,640,179 | 0.62 | 538,904 |
Resolution 14 Re-appointment of KPMG LLP as auditors
| 4,297,894,923 | 99.81 | 8,282,558 | 0.19 | 418,781 |
Resolution 15 To authorise the Director's to fix the Auditors' remuneration | 4,294,245,109 | 99.72 | 11,932,706 | 0.28 | 418,447 |
Resolution 16 Approval of Remuneration Policy | 4,109,620,878 | 95.71 | 184,122,218 | 4.29 | 12,853,165 |
Resolution 17 Approval of Remuneration Report | 4,089,839,555 | 95.40 | 197,291,047 | 4.60 | 19,465,659 |
Resolution 18 Authority to allot equity securities | 4,258,196,462 | 98.88 | 48,153,560 | 1.12 | 246,240 |
Resolution 19 Authority to allot contingent convertible securities | 4,271,643,788 | 99.27 | 31,592,758 | 0.73 | 3,359,715 |
Resolution 20 Authority to make political donations | 4,150,980,966 | 96.39 | 155,304,772 | 3.61 | 310,524 |
Resolution 21* Disapplication of pre-emption rights | 4,234,148,482 | 98.39 | 69,207,175 | 1.61 | 3,240,605 |
Resolution 22* Additional authority to disapply pre-emption rights | 4,269,250,175 | 99.15 | 36,780,344 | 0.85 | 565,743 |
Resolution 23* Additional authority to diappply pre-emption rights in connection with CCS | 4,252,907,716 | 98.84 | 50,104,912 | 1.16 | 3,583,633 |
Resolution 24* Authority to purchase own shares | 4,225,110,260 | 98.17 | 78,594,278 | 1.83 | 2,891,723 |
Resolution 25* Authority to call general meetings (other than an AGM) on not less than 14 clear days' notice | 4,013,628,988 | 93.03 | 300,656,475 | 6.97 | 170,705 |
Notes:
1 The 'for' votes include those giving the Chairman discretion.
2 A vote 'withheld' is not a vote in law and is not counted in the calculation of the votes 'for' and 'against' each resolution.
3 Votes 'for' and 'against' are expressed as a percentage of the votes received.
4 Voting was conducted by poll.
5 The total number of votes cast was 4,314,285,463 representing 72.32% of voting capital as at 19 May 2020. At the close of business on 19 May 2020, the issued share capital of the Company was 5,965,572,140 ordinary shares (no shares are held in Treasury).
* Denotes a Special Resolution.
The full text of the resolutions can be found in the Notice of Annual of General Meeting which is available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and also on the Company's website at https://www.legalandgeneralgroup.com/investors/shareholder-centre/agm/
In accordance with Listing Rules 9.6.3(1) and 9.6.18 a copy of the resolutions passed (other than those concerning ordinary business) will shortly be submitted to the National Storage Mechanism and will also be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
AGM statements from the Group Chairman and Group Chief Executive Officer have been made available on the Company's website at https://www.legalandgeneralgroup.com/media-centre/videos/.
Name of person making notification: | Daniella Newson |
Contact number: | 020 3124 2107 |
Date of notification: | 21 May 2020 |