Last checked at 8 Sep 2022 16:02
LEI: 213800NWMK3O4UWP9N91
8 September 2022
LendInvest plc
("LendInvest" or the "Company")
Results of Annual General Meeting held on 8 September 2022
LendInvest plc (AIM: LINV), a leading technology driven asset manager for UK property finance, announces that, at its Annual General Meeting held earlier today, all of the resolutions as set out in the Notice of Annual General Meeting were approved by way of a show of hands.
As at 6 September 2022, the number of issued ordinary £0.0005 shares of the Company was 138,381,046. This represents the total number of shares entitling the holders to attend and vote for or against all resolutions. 116,556,783 proxy votes were received representing 84.23% of the issued share capital of LendInvest.
Details of the proxy votes received before the meeting on each resolution by Equiniti, LendInvest's Registrar, are set out below. Full text of all of the resolutions is set out in the Notice of Annual General Meeting, a copy of which is available on the Company's website.
| Resolutions | Total votes | ||
For (%) | Against (%) | Vote Withheld1 | ||
1. | Ordinary resolution to receive the audited accounts for the financial year ended 31 March 2022, together with the directors' report and independent auditor's report on those accounts.
| 99,425,743 100.0% |
0 0.0%
| 17,131,040
|
2. | Ordinary resolution to approve the Directors' remuneration report for the financial year ended 31 March 2022. |
99,425,743 100.0%
| 0 0.0% | 17,131,040 |
3. | Ordinary resolution to declare a final dividend of 4.4 pence per ordinary share in the capital of the Company ("Share") for the financial year ended 31 March 2022.
| 99,425,743 100.0% | 0 0.0% | 17,131,040 |
4. | Ordinary resolution to re-appoint BDO LLP as auditor of the Company, from the end of this annual general meeting until the end of the next general meeting of the Company at which accounts are laid.
| 99,425,743 100.0% | 0 0.0% | 17,131,040 |
5. | Ordinary resolution to authorise the Audit and Risk Committee of the Company (for and on behalf of the Board) to determine the auditors' remuneration.
| 99,425,743 100.0% | 0 0.0% | 17,131,040 |
6. | Ordinary resolution to authorise the Company and any company which is, or becomes, a subsidiary of the Company to make political donations and incur political expenditure not exceeding £50,000. |
95,690,238 96.2%
|
3,735,505 3.8%
|
17,131,040 |
7. | Ordinary Resolution to authorise the directors to allot securities up to an aggregate nominal value of £46,127.
| 82,784,393 83.3%
| 16,641,350 16.7%
| 17,131,040 |
8. | Special resolution to give the directors power to allot securities for cash without making an offer to shareholders, generally, up to an aggregate nominal value of £3,459.
| 99,425,238 100.0%
| 505 0.0%
| 17,131,040 |
9. | Special resolution to give the directors power to allot securities for cash without making an offer to shareholders, in order to finance acquisitions, up to an aggregate nominal value of £3,459.
| 99,425,238 100.0%
| 505 0.0%
| 17,131,040 |
10. | Special resolution to give the Company limited authority to purchase up to 13,838,104 of its own shares.
| 99,425,743 100.0%
| 0 0.0%
| 17,131,040 |
1 A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
For further information, please contact:
LendInvest via Tulchan Communications +44 (0)20 7353 4200
Rod Lockhart, Chief Executive Officer
Michael Evans, Chief Financial Officer
Alex Dee, Head of Investor Relations
Leigh Rimmer, Senior PR Manager
investorrelations@lendinvest.com
Panmure Gordon (NOMAD and Joint Broker) +44 (0)20 7886 2500
Atholl Tweedie
Charles Leigh-Pemberton
finnCap Limited (Joint Broker) +44 (0)20 7220 0500
Jonny Franklin-Adams/George Dollemore (Corporate Finance)
Tim Redfern/Alice Lane (ECM)
Tulchan Communications (Financial PR) +44 (0)20 7353 4200
Tom Murray
Matt Low
Misha Bayliss
Olivia Lucas