Result of AGM

Record PLC

01 August 2024

 

RECORD PLC

("Record" or "the Company")

Notification of shareholder resolutions at

2024 Annual General Meeting

in compliance with Listing Rule 9.6.18R

01 August 2024

Record plc held its Annual General Meeting at 10.00 a.m. on 30 July 2024 at Fora - Liberty House, 222 Regent St., London W1B 5TR.

All of the nineteen resolutions set out in the Notice of Annual General Meeting ("AGM Notice") issued to shareholders on 1 July 2024 were on a poll. The results of each resolution were as follows:

	Votes For (including Discretionary)		Votes Against		Total votes cast		Votes Withheld
Resolution	Number of votes	% of votes cast	Number of votes	% of votes cast	Total number of votes	% of Record plc issued ordinary shares	Number of votes
1.   To receive and adopt the Annual Report & Accounts of the Company for the year ended 31 March 2024.	110,548,339	100.00	0	0.00	110,548,339	55.54%	6,051
2.   To approve the Directors' Remuneration Report (excluding the Directors' Remuneration Policy) as set out in the Annual Report & Accounts of the Company.	100,799,593	91.18	9,744,971	8.82	110,544,564	55.53%	9,826
3.   To approve Directors' Remuneration Policy	95,199,088	86.25	15,172,703	13.75	110,371,791	55.45%	182,599
4.   To approve Record Plc Long Term Incentive Plan	95,270,957	86.32	15,095,160	13.68	110,366,117	55.45%	188,273
5.   To declare a final dividend of 2.45 pence per ordinary share.	110,548,701	100.00	0	0.00	110,548,701	55.54%	5,689
6.   To elect Jan Witte as a director of the Company.	110,534,056	99.99	12,846	0.01	110,546,902	55.54%	7,488
7.   To elect Richard Heading as a director of the Company.	110,534,056	99.99	12,846	0.01	110,546,902	55.54%	7,488
8.   To elect Othman Boukrami as a director of the Company	110,529,546	99.99	15,846	0.01	110,545,392	55.54%	8,998
9.   To elect Kevin Ayles as a director of the Company.	110,532,828	99.99	12,846	0.01	110,545,674	55.54%	8,716
10. To re-elect David Morrison as a director of the Company.	108,291,805	97.96	2,253,587	2.04	110,545,392	55.54%	8,998
11.  To re-elect Matt Hotson as a director of the Company	109,978,498	99.49	566,894	0.51	110,545,392	55.54%	8,998
12.  To re-elect Krystyna Nowak as a director of the Company	108,262,658	97.94	2,282,734	2.06	110,545,392	55.54%	8,998
13.           To re-appoint BDO LLP as Auditor of the Company to hold office until the conclusion of the next meeting of the Company at which the accounts are laid.	110,368,655	99.84	181,556	0.16	110,550,211	55.54%	4,179
14. To authorise the directors of the Company to determine the Auditor's remuneration.	110,545,478	100.00	4,333	0.00	110,549,811	55.54%	4,579
15. To authorise the Directors to allot Ordinary Shares on the terms set out in the AGM Notice.	110,413,560	99.89	117,677	0.11	110,531,237	55.53%	23,153
16. To disapply statutory pre-emption rights on the terms set out in the AGM Notice.	110,353,115	99.85	171,122	0.15	110,524,237	55.52%	30,153
17. To disapply statutory pre-emption rights in connection with an acquisition or other capital investment on the terms set out in the AGM Notice.	109,278,242	98.87	1,245,995	1.13	110,524,237	55.52%	30,153
18. To authorise the Company to purchase its own shares on the terms set out in the AGM Notice.	110,516,889	99.97	33,322	0.03	110,550,211	55.54%	4,179
19. To permit general meetings of the Company (other than annual general meetings) to be called on not less than 14 clear days' notice.	110,436,918	99.90	113,109	0.10	110,550,027	55.54%	4,363

Note: A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.

The number of ordinary shares in issue at the date of this announcement is 199,054,325.

Resolutions 1 to 15 were ordinary resolutions, requiring more than 50 per cent. of shareholders' votes to be cast in favour of the resolutions. Resolutions 16 to 19 were special resolutions, requiring at least 75 per cent. of shareholders' votes to be cast in favour of the resolutions.

A copy of all the resolutions passed at the Annual General Meeting has been submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

-Ends -

For further information, please contact:

Record plc                                                                                                                  Tel: [phone]

Jan Witte, Chief Executive Officer

Richard Heading, Chief Finance Officer

Panmure Liberium                                                                                                 Tel: [phone]

David Watkins                                                                                                                                                          

Atholl Tweedie

Notes to Editors

Record plc

Founded in 1983 as currency specialist, Record Financial Group today delivers innovative, client-centric solutions for investors across derivatives, private equity, alternative credit and yield products, fixed income, emerging markets and, of course, currency.

With over 40 years of experience, we have developed a deep and fundamental understanding of the risk and reward opportunities within those markets, enabling us to deliver best-in-class solutions to institutional clients worldwide.

Our clients are largely institutions, including pension funds, charities, foundations, endowments, and family offices, as well as other asset managers and corporates.

Record (LSE: REC) was admitted to trading on the London Stock Exchange on 3 December 2007.

 

END