3 Aug 2015 17:05
3 August 2015
Findel PLC ("Findel" or the "Company")
Result of Annual General Meeting
The Board of Findel announces that the Resolutions proposed at the Annual General Meeting held on 30 July 2015 were duly passed on a show of hands and without amendment by the required majority.
Further details of the Resolutions were set out in the notice of meeting to shareholders of Findel issued on 26 June 2015.
The proxy votes for each resolution were as follows:
Resolution | For | Against | Withheld |
Resolution 1: Ordinary resolution to receive the annual accounts of the Company for the year ended 27 March 2015 and the directors' and auditor's reports thereon. | 75,751,419 | 45,106 | 1,995 |
Resolution 2: Ordinary resolution to approve the directors' remuneration report for the year ended 27 March 2015 | 75,785,576 | 11,725 | 1,219 |
Resolution 3: Ordinary resolution to appoint Mrs A. Kinney Pritchard as a director of the Company. | 75,794,899 | 1,395 | 2,226 |
Resolution 4: Ordinary resolution to reappoint Mr W. Grimsey as a director of the Company. | 75,750,976 | 1,492 | 46,052 |
Resolution 5: Ordinary resolution to reappoint Mr P. Maudsley as a director of the Company. | 75,787,639 | 9,510 | 1,371 |
Resolution 6: Ordinary resolution to reappoint Mr D. Sugden as a director of the Company. | 73,211,111 | 2,541,331 | 46,078 |
Resolution 7: Ordinary Resolution to appoint KPMG LLP as auditors to the company for the period from the conclusion of the meeting to the conclusion of the next general meeting of the company at which accounts are laid. | 75,721,238 | 75,183 | 2,099 |
Resolution 8: Ordinary Resolution to authorise the directors to determine the auditor's remuneration. | 75,714,640 | 83,153 | 727 |
Resolution 9: Special Resolution to reduce the ordinary share capital of the company and to cancel the share premium account and capital redemption reserve (the full resolution is set out below) | 75,782,294 | 13,113 | 3,113 |
The Company's issued share capital consists of 86,442,534 ordinary shares of £1.00 each with ISIN GB 00BB8B4R053. The Company does not hold any shares in Treasury. Therefore the total number of ordinary shares in the Company with voting rights is 86,442,534.
The above figure, 86,442,534, may be used by shareholders as denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.
SPECIAL RESOLUTION
9. That, subject to the confirmation of the Court:
(a) the share capital of the Company be reduced by cancelling and extinguishing 90 pence of the amount paid up or credited as paid up on each of the issued Ordinary Shares of 100 pence in the capital of the Company and reducing the nominal value of each issued and authorised but unissued Ordinary Share in the capital of the Company to 10 pence; and
(b) the share premium account and the capital redemption reserve of the Company be cancelled.
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Enquiries
Findel plcDavid Sugden / Tim Kowalski0161 303 3465
Tulchan Communications LLPStephen Malthouse / Will Smith020 7353 4200