AGM Statement

RNS Number : 0086A

Sabre Insurance Group PLC

23 May 2019

 

Sabre Insurance Group plc (the 'Company')

Announcement of the Results of Annual General Meeting 2019

The Annual General Meeting of Sabre Insurance Group plc was held on the 23 May 2019. All resolutions set out in the notice of Annual General Meeting were passed by the requisite majority by way of a poll.

The table below shows the results of the poll on all 19 resolutions. Each shareholder present in person, or by proxy, was entitled to one vote per share held.

	Resolution	For	% votes cast For	Againstpl	% votes cast Against	Total votes cast (excluding votes withheld)	% of issued  share capital voted	Withheld
1.	Receive and adopt the 2018 financial statements, Directors' Report and Independent Auditor's Report.	217,963,341	100.00	0	0.00	217,963,341	87.19%	248,434
2.	Approve the Directors' Remuneration Report	201,014,779	92.12	17,196,996	7.88	218,211,775	87.28%	0
3.	To declare a final dividend of 6.8 pence per ordinary share	218,211,775	100.00	0	0.00	218,211,775	87.28%	0
4.	To declare a special dividend of 6.0 pence per ordinary share	218,211,775	100.00	0	0.00	218,211,775	87.28%	0
5.	To re-elect Patrick Snowball as a Director	217,188,696	99.67	729,885	0.33	217,918,581	87.17%	293,194
6.	To re-elect Geoff Carter as a Director	217,841,792	99.83	369,983	0.17	218,211,775	87.28%	0
7.	To re-elect Adam Westwood as a Director	217,841,792	99.83	369,983	0.17	218,211,775	87.28%	0
8.	To re-elect Catherine Barton as a Director	217,578,425	99.71	633,350	0.29	218,211,775	87.28%	0
9.	To re-elect Rebecca Shelley as a Director	217,651,625	99.74	560,150	0.26	218,211,775	87.28%	0
10.	To re-elect Ian Clark as a Director	217,651,625	99.74	560,150	0.26	218,211,775	87.28%	0
11.	To re-elect Andy Pomfret as a Director	217,042,244	99.46	1,169,531	0.54	218,211,775	87.28%	0
12.	To reappoint Ernst & Young LLP as auditor of the Company	215,061,534	98.56	3,148,938	1.44	218,210,472	87.28%	1,303
13.	Authority to fix auditor's remuneration	217,903,177	99.86	307,295	0.14	218,210,472	87.28%	1,303
14.	Authority to make political donations	208,710,895	95.65	9,499,577	4.35	218,210,472	87.28%	1,303
15.	Authority to allot shares	207,706,476	95.19	10,505,299	4.81	218,211,775	87.28%	0
16.	Disapplication of pre-emption rights (general authority)	218,042,675	99.92	169,100	0.08	218,211,775	87.28%	0
17.	Disapplication of pre-emption rights (specific capital investment)	204,102,735	93.53	14,109,040	6.47	218,211,775	87.28%	0
18.	Market purchase of its shares	218,190,860	100.00	10,100	0.00	218,200,960	87.28%	10,815
19.	Authority to call a general meeting (other than AGMs) on 14 clear days' notice	210,971,755	96.68	7,240,020	3.32	218,211,775	87.28%	0

NOTES:

1.     The 'For' vote includes proxy appointments which gave the Chairman discretion on how to vote.

2.     A vote 'Withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution nor in the calculation of the percentage of the issued share capital voted for any resolution.

3.     Resolutions 16 to 19 were Special Resolutions requiring a 75% majority.

4.     As at 6.30 pm on 21 May 2019 the total number of ordinary shares in issue, and therefore total number of voting rights was 250,000,000. The Company did not hold any shares in treasury at that time.

5.     As per Listing Rule 9.6.2 a copy of the full text of the resolutions passed at the Annual General Meeting (including resolutions concerning special business) will shortly be submitted to the National Storage Mechanism for inspection at www.morningstar.co.uk/uk/NSM 

A copy is also available on the Sabre website - www.sabreplc.co.uk/investors

Anneka Kingan

Company Secretary

Sabre Insurance Group plc

LEI Code: 2138006RXRQ8P8VKGV98

 

END

 

 

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