13th May 2025
CHESNARA plc
("Chesnara" or "the Company")
RESULT OF THE CHESNARA PLC 2025 ANNUAL GENERAL MEETING
Chesnara plc (CSN.L) announces that the resolutions put to its Annual General Meeting ("AGM") held on 13th May 2025 were duly passed.
The results of the AGM, including the total number of votes received for each resolution, were as follows:
No.
Resolution
Votes 'for'
%
Votes 'against'
%
Total votes validly cast
Votes 'withheld'
1
To receive and adopt the audited accounts for the year ended 31 December 2024
82,910,445
99.98%
18,251
0.02%
82,928,696
154,546
2
To approve the Directors' Remuneration Report for the year ended 31 December 2024
82,141,141
98.97%
856,794
1.03%
82,997,935
49,307
3
To declare a final dividend of 16.08 pence per ordinary share for the year ended 31 December 2024
83,020,792
99.98%
19,770
0.02%
83,040,562
42,680
4
To re-appoint Steve Murray as a director
82,960,576
99.95%
44,523
0.05%
83,005,099
78,143
5
To re-appoint Carol Hagh as a director
81,350,807
98.01%
1,654,110
1.99%
83,004,917
78,325
6
To re-appoint Karin Bergstein as a director
81,828,342
98.58%
1,176,757
1.42%
83,005,099
78,143
7
To re-appoint Luke Savage as a director
81,830,919
98.59%
1,174,180
1.41%
83,005,099
78,143
8
To re-appoint Eamonn Flanagan as a director
82,326,028
99.18%
678,889
0.82%
83,004,917
78,325
9
To re-appoint Tom Howard as a director
82,956,100
99.94%
48,999
0.06%
83,005,099
78,143
10
To appoint Gail Tucker as a director
82,971,000
99.96%
37,164
0.04%
83,008,164
75,078
11
To re-appoint Deloitte LLP as auditor
82,899,949
99.85%
123,681
0.15%
83,023,630
59,612
12
To authorise the directors to determine the auditor's remuneration
82,967,342
99.94%
49,496
0.06%
83,016,838
66,404
13
To provide limited authority to make political donations and to incur limited political expenditure
78,444,572
98.38%
1,288,457
1.62%
79,733,029
3,350,213
14
To authorise the directors to allot shares up to a specified amount
82,200,304
99.01%
823,363
0.99%
83,023,667
59,575
15
Special resolution - To authorise the directors to disapply pre-emption rights (general corporate purposes)
76,633,840
92.32%
6,372,695
7.68%
83,006,535
76,707
16
Special resolution - To authorise the directors to disapply pre-emption rights (acquisition or other capital investment)
76,504,363
92.17%
6,498,137
7.83%
83,002,500
80,742
17
Special resolution - To give the Company limited authority to purchase its own shares
82,952,359
99.90%
79,329
0.10%
83,031,688
51,554
18
To authorise the directors to allot ordinary shares in relation to an issue of Restricted Tier 1 Instrument up to a specified amount
82,187,738
99.01%
819,754
0.99%
83,007,492
75,750
19
Special resolution - To authorise the directors to disapply pre-emption rights in relation to the issue of Restricted Tier 1 Instruments
82,139,307
98.97%
856,294
1.03%
82,995,601
87,641
20
Special resolution - To authorise the Company to call general meetings on not less than 14 clear days' notice
82,873,003
99.80%
162,435
0.20%
83,035,438
47,804
The Board is pleased that all resolutions passed with a significant majority.
Other Matters
The Company's issued share capital on 13th May 2025 consisted of 151,054,162 ordinary shares of 5p each with no shares held in Treasury. Each share carries one voting right and therefore the number of voting rights is 151,054,162.
Votes withheld are not a vote in law and have not been counted in the calculation of the votes for and against each resolution or the total votes validly cast.
The full text of the resolutions can be found in the Notice of the Annual General Meeting available on the Company's website, www.chesnara.co.uk. In accordance with Listing Rule 9.6.3, full details of the resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
For further information, please contact:
Investor Enquiries
Sam Perowne
Head of Strategic Development & Investor Relations
Chesnara plc
E - sam.perowne@chesnara.co.uk
Media Enquiries
Misha Bayliss - +44 20 7427 5465
Oscar Burnett - +44 20 7427 5435
Teneo
E - chesnara@teneo.com
Notes to Editors
Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange. It administers just under one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands and as Movestic in Sweden.
Following a three-pillar strategy, Chesnara's primary responsibility is the efficient administration of its customers' life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests. It also adds value by writing profitable new business in the UK, Sweden and the Netherlands and by undertaking value-adding acquisitions of either companies or portfolios.
Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 20 years in succession.
Further details are available on the Company's website (www.chesnara.co.uk).
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
AGMFXLFFEELZBBL
