Last checked at 18 May 2021 15:19
Legal Entity Identifier: 213800X5WU57YL9GPK89
METRO BANK PLCResult of AGM
18 May 2021: Metro Bank PLC (the "Company") announces that, at the Annual General Meeting of shareholders held earlier today, all resolutions were passed as follows.
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTESTOTAL | % of ISC** VOTED | VOTES WITHHELD*** | |
1 | To receive the 2020 Annual Report and Accounts | 62,252,171 | 95.27% | 3,092,242 | 4.73% | 65,344,413 | 37.90 | 22,270 |
2 | To approve the Directors' Remuneration Policy | 62,150,543 | 95.11% | 3,193,940 | 4.89% | 65,344,483 | 37.90 | 22,200 |
3 | To approve the Annual Statement by the Chair of the Remuneration Committee and the Directors' Remuneration Report (excluding the Director's Remuneration Policy) | 54,244,029 | 83.00% | 11,107,871 | 17.00% | 65,351,900 | 37.90 | 14,783 |
4 | To approve the Metro Bank PLC Long Term Incentive Plan | 62,162,826 | 95.12% | 3,189,666 | 4.88% | 65,352,492 | 37.90 | 14,191 |
5 | To approve amendments to the Metro Bank PLC Deferred Variable Reward Plan | 62,127,212 | 95.13% | 3,182,158 | 4.87% | 65,309,370 | 37.88 | 57,313 |
6 | Election of Robert Sharpe | 62,164,351 | 95.23% | 3,114,045 | 4.77% | 65,278,396 | 37.86 | 88,287 |
7 | Re-election of Sir Michael Snyder | 62,225,471 | 95.23% | 3,118,460 | 4.77% | 65,343,931 | 37.90 | 22,752 |
8 | Re-election of Daniel Frumkin | 62,176,961 | 95.15% | 3,172,449 | 4.85% | 65,349,410 | 37.90 | 17,273 |
9 | Re-election of David Arden | 62,231,986 | 95.23% | 3,113,924 | 4.77% | 65,345,910 | 37.90 | 20,773 |
10 | Re-election of Anna (Monique) Melis | 62,234,850 | 95.24% | 3,113,081 | 4.76% | 65,347,931 | 37.90 | 18,752 |
11 | Re-election of Catherine Brown | 55,991,523 | 85.76% | 9,297,880 | 14.24% | 65,289,403 | 37.87 | 77,280 |
12 | Re-election of Paul Thandi | 60,687,820 | 92.87% | 4,659,590 | 7.13% | 65,347,410 | 37.90 | 19,273 |
13 | Re-election of Sally Clark | 60,690,197 | 92.96% | 4,599,207 | 7.04% | 65,289,404 | 37.87 | 77,279 |
14 | Re-election of Michael Torpey | 62,171,832 | 95.23% | 3,114,551 | 4.77% | 65,286,383 | 37.86 | 80,300 |
15 | Re-election of Nicholas Winsor | 62,171,986 | 95.23% | 3,114,397 | 4.77% | 65,286,383 | 37.86 | 80,300 |
16 | Re-election of Anne Grim | 62,176,263 | 95.23% | 3,113,141 | 4.77% | 65,289,404 | 37.87 | 77,279 |
17 | Re-election of Ian Henderson | 62,174,156 | 95.23% | 3,114,727 | 4.77% | 65,288,883 | 37.87 | 77,800 |
18 | Re-Appoint Auditor | 62,228,215 | 95.21% | 3,127,709 | 4.79% | 65,355,924 | 37.90 | 10,759 |
19 | Authorise the Audit Committee to determine the Auditor's remuneration | 62,244,392 | 95.24% | 3,109,032 | 4.76% | 65,353,424 | 37.90 | 13,259 |
20 | Authority to allot shares | 61,805,547 | 94.57% | 3,549,250 | 5.43% | 65,354,797 | 37.90 | 11,886 |
21* | Authority to disapply pre-emption rights | 61,713,386 | 94.48% | 3,606,530 | 5.52% | 65,319,916 | 37.88 | 46,767 |
22* | Additional authority to disapply pre-emption rights | 61,702,513 | 94.46% | 3,617,403 | 5.54% | 65,319,916 | 37.88 | 46,767 |
23* | Authorise reduced notice of general meeting other than an AGM | 62,058,590 | 94.96% | 3,296,008 | 5.04% | 65,354,598 | 37.90 | 12,085 |
* Passed as a special resolution.
** Issued Share Capital
*** Votes 'withheld' have not been included in the calculation of whether a resolution is carried. Percentages have been rounded to two decimal places.
A copy of the above results will shortly be available on the investor section of Metro Bank PLC's website.
In accordance with Listing Rule 9.6.3R, a copy of the resolutions passed as Special Business at the AGM have been submitted to the National Storage Mechanism and will be available in due course for viewing at http://www.morningstar.co.uk/uk/NSM.
Enquiries
Metro Bank PLC
Melissa Conway
Company Secretary 020 3402 8900