Results of 2021 AGM

RNS Number : 6061Y

Conduit Holdings Limited

14 May 2021

 

Conduit Holdings Limited ("Conduit Holdings")

Hamilton, Bermuda - 14 May 2021

Results of 2021 AGM

Conduit Holdings (LSE:CRE) announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Thursday 13 May 2021. The meeting considered the fourteen resolutions as set out in the AGM Notice dated 19 April 2021 as corrected.

Each of the resolutions was duly passed by the required majority. Resolutions 1 to 12 were passed as ordinary resolutions. Resolutions 13 and 14 were passed as special resolutions. The total number of votes received for each resolution is set out below.

A copy of the special resolutions passed will be submitted to the National Storage Mechanism and available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

The number of common shares in issue and the number of voting rights on 11 May 2021 was 165,239,997.

Resolution	Votes For	% Votes Cast	Votes Against	% Votes Cast	Votes Withheld	Total Votes Cast (excluding Votes Withheld)	% of ISC voted
1. To receive the Company's audited consolidated financial statements for the financial period ended 31 December 2020 and the reports of the Directors and the Auditors thereon (the "Annual Report and Accounts").	137,224,888	100.00	2,040	0.00	10,000	137,226,928	83.05
2. To elect Neil Eckert as a Director of the Company.	133,903,127	98.48	2,069,369	1.52	1,264,432	135,972,496	82.29
3. To elect Trevor Carvey as a Director of the Company.	136,756,228	99.66	470,700	0.34	10,000	137,226,928	83.05
4. To elect Elaine Whelan as a Director of the Company.	136,577,470	99.53	649,458	0.47	10,000	137,226,928	83.05
5. To elect Sir Brian Williamson as a Director of the Company.	136,949,216	99.80	277,712	0.20	10,000	137,226,928	83.05
6. To elect Malcolm Furbert as a Director of the Company.	136,949,216	99.80	277,712	0.20	10,000	137,226,928	83.05
7. To elect Elizabeth Murphy as a Director of the Company.	136,949,216	99.80	277,712	0.20	10,000	137,226,928	83.05
8. To elect Dr Richard L. Sandor as a Director of the Company.	136,949,216	99.80	277,712	0.20	10,000	137,226,928	83.05
9. To elect Ken Randall as a Director of the Company.	136,949,216	99.80	277,712	0.20	10,000	137,226,928	83.05
10. To re-appoint KPMG Audit Limited as auditors of the Company to hold office until the conclusion of the next general meeting of the Company at which accounts are laid.	137,236,928	100.00	0	0.00	0	137,236,928	83.05
11. To authorise the Directors to determine the remuneration of the auditors.	137,236,928	100.00	0	0.00	0	137,236,928	83.05
12. To authorise the Allotment of Shares as detailed in the Notice of Meeting.	136,335,271	99.35	891,657	0.65	10,000	137,226,928	83.05
SPECIAL RESOLUTIONS
13. To authorise Disapplication of Pre-emption Rights as detailed in the Notice of Meeting.	137,226,928	100.00	0	0.00	10,000	137,226,928	83.05
14. To authorise the Purchase of own Common Shares as detailed in the Notice.	135,583,940	98.94	1,450,000	1.06	202,988	137,033,940	82.93

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About Conduit Re

Conduit Re is a pure play global reinsurance business based in Bermuda. Its main operating subsidiary Conduit Reinsurance Limited, is licensed by the Bermuda Monetary Authority as a Class 4 reinsurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" to Conduit Reinsurance Limited. The outlook assigned to these Credit Ratings (ratings) is stable.

Learn more about Conduit Re:

Website: https://conduitreinsurance.com/ 

LinkedIn: https://www.linkedin.com/company/conduit-re 

Twitter: https://twitter.com/Conduit_Re 

 

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