Result of AGM

RNS Number : 7772E

Paragon Group Of Companies PLC

12 February 2015

 



RESULT OF AGM

The Paragon Group of Companies PLC announces that at the Annual General Meeting ("AGM") held today, resolutions 1 - 19, which were put to the meeting, passed unanimously on a show of hands without amendment.

Resolution 20 (Paragon Bank PLC Remuneration Code Staff) was a 'shareholders' resolution' subject to special procedural rules.  Proxies and votes representing more than 50% of the total voting rights were cast at the AGM and in this circumstance the resolution required 66% or more of the represented shareholders voting in favour.

A poll was taken on this resolution, the result of which was as follows:

In Favour		Against		Withheld*
Number of ordinary shares voted	%	Number of ordinary shares voted	%	Number of ordinary shares voted
201,631,947	98.97	2,094,652	1.03	712,541

In accordance with paragraph 9.6.2 of the Listing Rules, a copy of the resolutions passed at the meeting concerning special business will shortly be available for inspection at the National Storage Mechanism at www.hemscott.com/nsm.do.

For a summary of the proxy votes received for resolutions 1 - 19 and the poll vote for the 2015 AGM, together with details of the resolutions passed, please visit our website at www.paragon-group.co.uk.

Enquiries:

Pandora Sharp, Company Secretary

0121 712 2075

* A vote withheld is not a vote in law and does not count in the calculation of the proportion of the votes for and against the resolution.

 

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