5 Dec 2018 15:57
London Finance & Investment Group Plc - Result of AGMLondon Finance & Investment Group Plc - Result of AGM
PR Newswire
London, December 5
Date: 5th December 2018On behalf of: London Finance & Investment Group PLC
London Finance & Investment Group PLCResults of Annual General Meeting
London Finance & Investment Group PLC (LSE: LFI, JSE: LNF) is pleased to announce that at its Annual General Meeting held yesterday, all resolutions put to the Meeting were passed by the required majority.
The resolutions were as set out in the Notice of Annual General Meeting, as filed with the National Storage Mechanism (www.morningstar.co.uk/uk/NSM) and are also available on the Company's website, www.city-group.com/london-finance-and-investment-group-plc
The voting on all resolutions, save for Resolutions 5 and 6, were carried on a show of hands.
The total number of the Company’s ordinary shares in issue is 31,207,479. Proxy appointments were received from shareholders of 18,147,645 ordinary shares (no votes were withheld) amounting to 58.15% of the Company’s issued ordinary share capital.
The proxy votes that would have been cast for the resolutions, other than Resolutions 5 and 6, had a poll been held on each resolution, were as follows:
| Resolution | For | Against | Withheld | ||
| Number | % | Number | % | Number | |
| 1 | 18,147,645 | 100.00 | 0 | 0.00 | 0 |
| 2 | 18,147,645 | 100.00 | 0 | 0.00 | 0 |
| 3 | 18,147,645 | 100.00 | 0 | 0.00 | 0 |
| 4 | 18,147,645 | 100.00 | 0 | 0.00 | 0 |
| 7 | 18,147,645 | 100.00 | 0 | 0.00 | 0 |
| 8 | 18,147,645 | 100.00 | 0 | 0.00 | 0 |
| 9 | 18,147,645 | 100.00 | 0 | 0.00 | 0 |
| 10 | 18,147,540 | 99.9995 | 105 | 0.0005 | 0 |
| 11 | 18,147,645 | 100.00 | 0 | 0.00 | 0 |
| 12* | 18,147,645 | 100.00 | 0 | 0.00 | 0 |
*Special Resolution
Resolutions 5 and 6, relating to the re-election of the Independent Directors, were carried on a poll: In accordance with Listing Rule 9.2.2 E(R), the re-election of each of the Independent Directors was approved by (i) the Company’s Shareholders and (ii) the Company’s Independent Shareholders.
The results of the voting by the Company’s Shareholders were as follows:
| Resolution | For | Against | Withheld | ||
| Number | % | Number | % | Number | |
| 5 | 19,640,115 | 100.00 | 0 | 0.00 | 0 |
| 6 | 19,640,115 | 100.00 | 0 | 0.00 | 0 |
The results of the voting by the Independent Shareholders were as follows:
| Resolution | For | Against | Withheld | ||
| Number | % | Number | % | Number | |
| 5 | 6,749,422 | 100.00 | 0 | 0.00 | 0 |
| 6 | 6,749,422 | 100.00 | 0 | 0.00 | 0 |
In accordance with Listing Rule 9.6.2, copies of the resolutions passed at the meeting that do not constitute ordinary business have been submitted to the National Storage Mechanism and will be available for inspection at (www.morningstar.co.uk/uk/NSM)
Notes:
(a) The votes "for" include those votes giving the Chairman discretion.
(b) A vote “withheld" is not counted towards the votes cast "for" or "against" a resolution.
The Directors of the Company accept responsibility for the contents of this announcement.
LEI: 213800BV1J4DJE2SY849
| Enquiries to: |
| London Finance & Investment Group PLC |
| 020 7796 9060 |
Lon.fin&inv.grp (LFI)