Result of AGM

RNS Number : 1632K

Record PLC

25 July 2013

 



RECORD PLC

("Record" or "the Company")

Notification of shareholder resolutions at

2013 Annual General Meeting

in compliance with Listing Rule 9.6.18R

25 July 2013

Record plc held its Annual General Meeting at 10.00am on 25 July 2013 at Morgan House, Madeira Walk, Windsor SL4 1EP.

All of the fourteen resolutions set out in the Notice of Annual General Meeting sent to shareholders on 20 June 2013 were approved.  The following is a summary of the proxy votes that were received by the Company's registrars:

	For		Discretionary		Against		Withheld
Resolution Number	No. of Votes	No. of Cards	No. of Votes	No. of Cards	No. of Votes	No. of Cards	No. of Votes	No. of Cards
1	115,711,382	44	100	1	0	0	0	0
2	115,388,475	43	100	1	322,907	3	0	0
3	115,709,900	43	100	1	1,482	1	0	0
4	115,709,900	43	100	1	1,482	1	0	0
5	115,709,900	43	100	1	1,482	1	0	0
6	113,300,159	41	1,900,100	2	4,482	2	0	0
7	115,709,900	43	100	1	1,482	1	0	0
8	115,687,900	40	0	0	23,582	5	0	0
9	115,689,382	41	0	0	20,100	3	2,000	1
10	115,706,382	42	0	0	5,100	3	0	0
11	115,661,382	39	0	0	37,100	5	13,000	1
12	115,683,382	42	0	0	28,100	3	0	0
13	33,247,856	36	100	1	0	0	82,463,526	9
14	115,691,382	42	100	1	20,000	2	0	0

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.

All of the above resolutions were passed on a show of hands.  Each was passed unanimously in favour. 

For further information, please contact:

Record plc                                                                                          Tel: [phone]

James Wood-Collins

Steve Cullen

MHP                                                                                                    Tel: [phone]

Nick Denton

John Olsen

Vicky Watkins

Notes to Editors

Record is a specialist currency manager and provider of currency hedging services for institutional clients. Founded in 1983, Record has established a market leading position as a currency manager. Specifically, the Group has a leading position in managing Dynamic Hedging and Currency for Return for institutional clients.

The Group has three principal product lines:

-      Dynamic Hedging, formerly known as Active Hedging, where Record seeks to eliminate the impact of currency movements on elements of clients' investment portfolios that are denominated in foreign currencies when these movements are expected to result in an economic loss to the client, but not to do so when they are expected to result in an economic gain;

-      Passive Hedging, where Record seeks to eliminate fully or partially the economic impact of currency movements on elements of clients' investment portfolios that are denominated in foreign currencies; and

-      Currency for Return, formerly known as Absolute Return, in which Record enters into currency contracts for clients with the objective of generating positive returns.

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

 

END

 

 

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