Result of AGM

RNS Number : 0279C

Virgin Money UK PLC

17 February 2022

 

Virgin Money UK PLC

(Company)

LEI:   213800ZK9VGCYYR6O495

RESULTS OF ANNUAL GENERAL MEETING ON 17 FEBRUARY 2022

17 February 2022

The Board of Directors of the Company announces that at the Company's Annual General Meeting held today, resolutions 1 to 22 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 2021	1,058,339,680	99.99	140,243	0.01	1,058,479,923	19,297,662
2. To approve the Directors' Annual Report on Remuneration for the year ended 30 September 2021	960,151,760	90.86	96,626,072	9.14	1,056,777,832	21,011,042
3. To declare a final dividend of 1p per ordinary share in the Company in respect of the year ended 30 September 2021	1,077,108,612	99.99	156,812	0.01	1,077,265,424	514,660
4. To elect Clifford Abrahams as a Director of the Company	1,075,844,221	99.92	908,414	0.08	1,076,752,635	1,008,790
5. To re-elect David Bennett as a Director of the Company	1,061,312,688	99.67	3,522,269	0.33	1,064,834,957	12,933,784
6. To re-elect Paul Coby as a Director of the Company	1,074,920,961	99.82	1,899,157	0.18	1,076,820,118	945,548
7. To re-elect David Duffy as a Director of the Company	1,075,366,537	99.85	1,595,074	0.15	1,076,961,611	805,926
8. To re-elect Geeta Gopalan as a Director of the Company	1,075,275,401	99.84	1,671,979	0.16	1,076,947,380	818,220
9. To elect Elena Novokreshchenova as a Director of the Company	1,073,780,841	99.72	3,003,735	0.28	1,076,784,576	980,552
10. To re-elect Darren Pope as a Director of the Company	1,075,093,325	99.84	1,731,640	0.16	1,076,824,965	942,177
11. To re-elect Amy Stirling as a Director of the Company	1,066,236,127	99.00	10,716,976	1.00	1,076,953,103	813,572
12. To re-elect Tim Wade as a Director of the Company	1,075,166,167	99.84	1,671,196	0.16	1,076,837,363	929,650
13. To re-appoint Ernst & Young LLP as auditors of the Company	1,063,175,694	98.70	13,981,801	1.30	1,077,157,495	613,535
14. To authorise the Audit Committee to determine the remuneration of the auditors	1,076,608,985	99.95	539,975	0.05	1,077,148,960	623,783
15. To authorise the Directors to allot shares	1,033,018,537	95.92	43,955,297	4.08	1,076,973,834	794,656
16. To authorise the Directors to disapply statutory pre-emption rights in respect of 5% of the Company's issued share capital	1,048,719,878	97.40	28,013,640	2.60	1,076,733,518	1,036,679
17. To authorise the Directors to disapply statutory pre-emption rights in respect of an additional 5% of the Company's issued share capital	1,012,861,967	94.07	63,860,994	5.93	1,076,722,961	1,052,648
18. To authorise the Directors to allot equity securities in connection with AT1 Securities	1,063,365,991	98.76	13,367,011	1.24	1,076,733,002	1,047,350
19. To authorise the Directors to disapply statutory pre-emption rights in respect of the allotment of equity securities in connection with an issue of further AT1 Securities	1,061,726,077	98.61	14,975,547	1.39	1,076,701,624	1,071,965
20. To permit the Company to purchase its own shares	1,064,259,133	98.83	12,604,248	1.17	1,076,863,381	906,984
21. 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)	1,062,491,808	98.68	14,235,587	1.32	1,076,727,395	1,041,418
22. To authorise the Company to make political donations and incur political expenditure	981,405,851	91.17	95,007,348	8.83	1,076,413,199	795,244

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 1,441,514,224 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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