Result of EGM

RNS Number : 1714D

FBD Holdings PLC

22 October 2015

FBD Holdings plc

22 October 2015

Result of Extraordinary General Meeting

FBD Holdings plc ("FBD") announces that the Ordinary Resolution which was tabled at today's Extraordinary General Meeting of the Company held in Dublin at 11.00 a.m. was duly passed.

The text of the Resolution was as follows:

Resolution

"THAT the Proposed Transaction, the divestment by FBD Holdings plc of its joint venture interest in FBD Property & Leisure Limited and its subsidiary undertakings to Farmer Business Developments plc, pursuant to the Transaction Agreement (as defined in the circular to shareholders dated 5 October 2015, a copy of which has been produced to the meeting and initialled by the Chairman of the meeting for the purposes of identification only (the "Circular")), in the manner and on the terms and conditions of the Transaction Agreement and which, as described in the Circular, comprises a "related party transaction" under the Listing Rules, be and is hereby approved and that the Directors be and are hereby authorised to take all such steps as may be necessary or desirable in relation thereto and to carry the same into effect with such modifications, variations, revisions or amendments (providing such modifications, variations or amendments are not of a material nature) as they shall deem necessary or desirable.

The following are the details of the number of shares in respect of which valid proxy appointments were made in advance of the meeting.

Total	In favour	Against	Withheld
17,263,700	15,317,735	1,945,965	111,762

The shareholders of Farmer Business Developments plc, the related party, also approved the Transaction at a separate Extraordinary General Meeting of that company held at 12.30 p.m. on 22 October 2015. The Transaction can now be completed and this is expected to occur without delay.

This announcement will also be made available on the Company's website in the "Shareholder Meetings" section.

For Reference

FBD Holdings plc	Telephone
Conor Gouldson, Company Secretary	+353 1 409 3208

About FBD Holdings plc ("FBD")

Established in the 1960s, FBD is one of Ireland's largest property and casualty insurers looking after the insurance needs of farmers, private individuals and business owners.

The following details relate to FBD's ordinary shares of €0.60 each which are publicly traded:

Listing	Irish Stock Exchange	UK Listing Authority
Listing Category	Dual	Premium (Equity)
Trading Venue	Irish Stock Exchange	London Stock Exchange
Market	Main Securities Market	Main Market
ISIN	IE0003290289	IE0003290289
Ticker	EG7.IR	FBH.L