Findel PLC Result of AGM (6990F)

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RNS Number : 6990F

Findel PLC

29 July 2016

Findel PLC ("Findel" or the "Company")

Result of Annual General Meeting

The Board of Findel announces that the Resolutions proposed at the Annual General Meeting held on 29 July 2016 were duly passed on a show of hands and without amendment by the required majority.

Further details of the Resolutions were set out in the notice of meeting to shareholders of Findel issued on 29 June 2016.

The proxy votes for each resolution were as follows:

 
 Resolution                         For          Against   Withheld 
---------------------------------  -----------  --------  --------- 
 Ordinary Business 
---------------------------------  -----------  --------  --------- 
 
   Resolution 1: Ordinary 
   resolution to receive 
   the annual accounts of 
   the Company for the 52 
   weeks ended 25 March 2016 
   and the directors' and 
   auditor's reports thereon.       78,304,404   22,760    275,878 
---------------------------------  -----------  --------  --------- 
 
   Resolution 2: Ordinary 
   resolution to approve 
   the directors' remuneration 
   report for the year ended 
   25 March 2016                    78,018,546   548,610    35,886 
---------------------------------  -----------  --------  --------- 
 
   Resolution 3: Ordinary 
   resolution to appoint 
   Mr Greg Ball as a director 
   of the Company.                  78,061,538   539,807    1,697 
---------------------------------  -----------  --------  --------- 
 
   Resolution 4: Ordinary 
   resolution to reappoint 
   Mr T. Kowalski as a director 
   of the Company.                  78,599,345    1,974     1,723 
---------------------------------  -----------  --------  --------- 
 
   Resolution 5: Ordinary 
   resolution to reappoint 
   Mr F. Coumau as a director 
   of the Company.                  78,600,063    1,282     1,697 
---------------------------------  -----------  --------  --------- 
 
   Resolution 6: Ordinary 
   Resolution to appoint 
   KPMG LLP as auditors to 
   the company for the period 
   from the conclusion of 
   the meeting to the conclusion 
   of the next general meeting 
   of the company at which 
   accounts are laid.               78,575,063   26,030     1,949 
---------------------------------  -----------  --------  --------- 
 
   Resolution 7: Ordinary 
   Resolution to authorise 
   the directors to determine 
   the auditor's remuneration.      77,992,698   609,094    1,250 
---------------------------------  -----------  --------  --------- 
 Special Business 
---------------------------------  -----------  --------  --------- 
 
   Resolution 8: Ordinary 
   Resolution to approve 
   the Findel Performance 
   Share Plan 2016                  78,029,560   571,188    2,294 
---------------------------------  -----------  --------  ---------

The Company's issued share capital consists of 86,442,534 ordinary shares of GBP0.10 each with ISIN GB 00B8B4R053. The Company does not hold any shares in Treasury. Therefore the total number of ordinary shares in the Company with voting rights is 86,442,534.

The above figure, 86,442,534, may be used by shareholders as denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

SPECIAL BUSINESS

(ORDINARY) RESOLUTION NUMBER 8

THAT the rules of the Findel Performance Share Plan 2016 (the "2016 Plan"), the principal terms of which are summarised in the explanatory notes to the notice dated 29 June 2016, which are produced in draft to this meeting and, for the purposes of identification, initialed by the Chairman of the meeting be and are hereby approved and the directors be authorised to:

(a) make such modifications to the 2016 Plan as they may consider appropriate to take account of the requirements of best practice and for the implementation of the 2016 Plan and to adopt the 2016 Plan as so modified and to do all such other acts and things as they may consider appropriate to implement the 2016 Plan; and

(b) establish further plans based on the 2016 Plan but modified to take account of local tax, exchange control or securities laws in overseas territories, provided that any shares made available under such further plans are treated as counting against the limits on individual or overall participation in the 2016 Plan.

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Enquiries

Findel plc

David Sugden

0161 303 3465

Tulchan Communications LLP

Stephen Malthouse / Will Smith

020 7353 4200

This information is provided by RNS

The company news service from the London Stock Exchange

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