Funding Circle Hldgs

Result of AGM

RNS Number : 1722Z
Funding Circle Holdings PLC
19 May 2021
 

19 May 2021

 

Funding Circle Holdings plc

 

Poll Results of 2021 Annual General Meeting

 

Following its Annual General Meeting ("AGM") held today, Funding Circle Holdings plc (the "Company") announces that all resolutions proposed to shareholders as set out in the Notice of AGM were carried by the requisite majority on a poll.  Resolutions 1 to 14 and 19 were passed as ordinary resolutions and resolutions 15 to 18 were passed as special resolutions.  The table set out below shows the votes cast on each resolution.

 

 

Resolution

Votes for

% of votes cast

Votes against

% of votes cast

Total votes

% of issued share capital voted

Votes withheld

1.

To receive the Annual Report and Accounts of the Company for the year ended 31 December 2020

230,146,356

100.00

420

0.00

230,146,776

64.76%

139,809

2.

To approve the Directors' Remuneration Report for the year ended 31 December 2020 (excluding the Directors' Remuneration Policy)

219,192,706

95.18

11,093,878

4.82

230,286,584

64.80%

1

3.

To approve the Directors' Remuneration Policy

226,078,928

98.59

3,229,853

1.41

229,308,781

64.53%

977,804

4.

To approve the Funding Circle Holdings plc Deferred Bonus Plan

230,238,390

99.98

46,972

0.02

230,285,362

64.80%

1,205

5.

To reappoint PricewaterhouseCoopers LLP as auditors of the Company

230,266,281

99.99

18,031

0.01

230,284,312

64.80%

2,273

6.

To authorise the Audit Committee to fix the remuneration of the auditors

230,249,230

99.98

37,336

0.02

230,286,566

64.80%

1

7.

To re-elect Eric Daniels as a Director

223,447,041

97.44

5,860,831

2.56

229,307,872

64.53%

978,713

8.

To re-elect Samir Desai as a Director

229,243,298

99.55

1,042,360

0.45

230,285,658

64.80%

909

9.

To re-elect Geeta Gopalan as a Director

230,099,432

99.92

186,244

0.08

230,285,676

64.80%

909

10.

To re-elect Andrew Learoyd as a Director

219,518,805

95.75

9,738,661

4.25

229,257,466

64.51%

1,029,119

11.

To re-elect Hendrik Nelis as a Director

226,207,880

98.23

4,077,795

1.77

230,285,675

64.80%

910

12.

To elect Oliver White as a Director

229,231,946

99.54

1,053,730

0.46

230,285,676

64.80%

909

13.

To re-elect Neil Rimer as a Director

220,228,258

95.63

10,057,417

4.37

230,285,675

64.80%

910

14.

To authorise the Directors to allot shares

214,767,337

93.26

15,519,248

6.74

230,286,585

64.80%

0

15.

To disapply pre-emption rights*

230,276,489

100.00

9,415

0.00

230,285,904

64.80%

681

16.

To further disapply pre-emption rights in connection with an acquisition or specified capital investment*

230,163,319

99.95

122,584

0.05

230,285,903

64.80%

682

17.

To authorise the Company to purchase its own shares*

230,242,447

99.99

17,554

0.01

230,260,001

64.80%

26,584

18.

To authorise the Company to call general meetings (other than an annual general meeting) on not less than 14 clear days' notice*

228,975,610

99.43

1,304,646

0.57

230,280,256

64.80%

6,329

19.

To authorise the Company to make political donations

221,374,698

96.13

8,911,886

3.87

230,286,584

64.80%

1

 

Other

 

1.  * indicates a Special Resolution requiring 75% of votes cast to be carried.

 

2.  Votes "For" and "Against" are expressed as a percentage of votes cast.

 

3.  Votes "For" include discretionary votes.

 

4.  A "Vote withheld" is not a vote in law and is therefore not counted in the calculation of the votes "For" or "Against" a resolution.

 

5.  Equiniti, the Company's registrar, acted as scrutineer of the poll on all resolutions.

 

6.  To view the full wording of the resolutions, please refer to the Notice of 2021 Annual General Meeting on the Company's website.

 

7.  In accordance with Listing Rule 9.6.2, copies of all the resolutions passed other than resolutions concerning ordinary business will shortly be available for inspection on the National Storage Mechanism at:  https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

 

8.  On Monday 17 May 2021, the total number of issued ordinary shares of £0.001 each entitling the holders to attend and vote on all the resolutions at the AGM was 355,365,362.

 

For and on behalf of

Funding Circle Holdings plc

 

Lucy Vernall

Company Secretary

 

Investor relations and media relations:

 

Investor Relations

David de Koning - Director of Investor Relations and Communications (0203 927 3893)

 

Media relations

Natasha Jones - Head of UK Communications (020 3667 2245)

Headland Consultancy - Mike Smith / Stephen Malthouse (020 3805 4822)

 

About Funding Circle:

 

Funding Circle (LSE: FCH) is a small and medium enterprise ("SME") loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including banks, asset management companies, insurance companies, government-backed entities, retail investors and funds - have lent more than £12 billion to 100,000 businesses globally.

 

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