Result of AGM

RNS Number : 3369Q

Virgin Money UK PLC

25 February 2021

 

Virgin Money UK PLC

(Company)

LEI:   213800ZK9VGCYYR6O495

RESULTS OF ANNUAL GENERAL MEETING ON 25 FEBRUARY 2021

25 February 2021

The Board of Directors of the Company announces that at the Company's Annual General Meeting held today, resolutions 1 to 21 were duly passed by the Company's shareholders by way of a poll. The results of the poll are set out below.

Resolution	For		Against		Total	Withheld
	No. of Votes	% of Vote	No. of Votes	% of Vote	No. of Votes	No. of Votes
1. To receive the Annual Report and Financial Statements for the year ended 30 September 2020	1,044,249,031	99.98	183,924	0.02	1,044,432,955	19,528,849
2. To approve the Directors' Annual Report on Remuneration for the year ended 30 September 2020.	1,043,034,150	98.65	14,318,869	1.35	1,057,353,019	6,607,590
3. To re-elect David Bennett as a Director of the Company.	1,041,532,919	98.51	15,742,972	1.49	1,057,275,891	6,685,109
4. To re-elect Paul Coby as a Director of the Company.	1,053,674,609	99.66	3,603,400	0.34	1,057,278,009	6,680,761
5. To re-elect David Duffy as a Director of the Company.	1,056,529,509	99.93	771,156	0.07	1,057,300,665	6,660,183
6. To re-elect Geeta Gopalan as a Director of the Company.	1,056,172,823	99.89	1,144,606	0.11	1,057,317,429	6,636,570
7. To re-elect Darren Pope as a Director of the Company.	1,053,120,537	99.62	4,062,978	0.38	1,057,183,515	6,777,484
8. To re-elect Amy Stirling as a Director of the Company.	1,052,614,166	99.56	4,600,132	0.44	1,057,214,298	6,744,946
9. To re-elect Tim Wade as a Director of the Company.	1,053,788,441	99.68	3,384,734	0.32	1,057,173,175	6,787,824
10. To re-appoint Ernst & Young LLP as auditors of the Company.	1,044,489,479	98.79	12,761,777	1.21	1,057,251,256	6,706,187
11. To authorise the Audit Committee to determine the remuneration of the auditors.	1,056,912,047	99.94	624,264	0.06	1,057,536,311	6,423,704
12. To authorise the Directors to allot shares.	1,009,623,653	95.48	47,812,457	4.52	1,057,436,110	6,510,752
13. To authorise the Directors to disapply statutory pre-emption rights in respect of 5% of the Company's issued share capital.	1,020,356,144	96.54	36,551,244	3.46	1,056,907,388	7,053,676
14. To authorise the Directors to disapply statutory pre-emption rights in respect of an additional 5% of the Company's issued share capital.	979,191,443	92.65	77,713,637	7.35	1,056,905,080	7,054,889
15. To authorise the Directors to allot equity securities in connection with AT1 Securities.	1,041,174,024	98.50	15,830,811	1.50	1,057,004,835	6,955,903
16. To authorise the Directors to disapply statutory pre-emption rights in respect of the allotment of equity securities in connection with AT1 Securities and issue further AT1 Securities.	1,040,964,766	98.49	15,937,118	1.51	1,056,901,884	7,053,550
17. To permit the Company to purchase its own shares.	1,043,560,401	98.72	13,565,551	1.28	1,057,125,952	6,834,638
18. To permit the Company to enter into a contingent purchase contract between the Company and Citigroup Global Markets Australia Pty Limited for the purchase by the Company of ordinary shares converted from CHESS Depositary Interests (CDIs).	1,043,429,093	98.71	13,613,563	1.29	1,057,042,656	6,912,249
19. To authorise the Company to make political donations and incur political expenditure.	1,015,683,026	96.06	41,647,663	3.94	1,057,330,689	6,628,627
20. To authorise the Directors to allot shares in connection with the Conduct Indemnity Deed.	995,348,139	94.14	61,907,846	5.86	1,057,255,985	6,704,262
21. To authorise the Directors to disapply statutory pre-emption rights in connection with the Conduct Indemnity Deed.	995,357,526	94.15	61,833,419	5.85	1,057,190,945	6,767,249

Votes 'For' and 'Against' are expressed as a percentage of the total votes received. 

A 'Vote withheld' is not treated as a vote in law and would not be counted in the calculation of the proportion of the votes cast 'For' or 'Against' a resolution.

The current issued share capital of the Company consists of 1,438,761,953 ordinary shares of 10 pence, carrying one vote each.

In accordance with the Listing Rule 9.6.2 copies of all resolutions other than resolutions concerning ordinary business passed at today's Annual General Meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Announcement authorised for release by Lorna McMillan, Group Company Secretary.

For further information, please contact:

Investors and Analysts
Richard Smith	07483 399303
Head of Investor Relations	[e-mail]
Company Secretary
Lorna McMillan	07834 585 436
Group Company Secretary	lorna.mcmillan@ virginmoneyukplc.com
Media Relations
Press Office	0800 066 5998
	press.office@ virginmoneyukplc.com

 

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