REG - Chesnara PLC - Result of AGM

ChesnaraAnnouncement

18/05/2021 15:30

RNS Number : 0174Z
  
Chesnara PLC
  
18 May 2021
  
 

CHESNARA plc 
("Chesnara" or "the Company")
 
18 May 2021
 
LEI Number: 213800VFRMBRTSZ3SJ06
 
 
RESULT OF THE CHESNARA PLC 2021 ANNUAL GENERAL MEETING
 
Chesnara plc announces that the resolutions proposed at its Annual General Meeting held on 18 May 2021 were passed by a show of hands. For information, the results of the AGM, which includes the total number of votes received for each resolution, are set out below. The Company's issued share capital on 18 May 2021 consisted of 150,077,806 ordinary 5p shares and the number of voting rights was also 150,077,806 ordinary 5p shares (as there were no treasury shares). 
 



No.


Resolution


No. of votes 'for' & 'discretionary'


%


Votes 'against'* 


%


Total No. of votes cast


Votes 'withheld'




1


To receive and adopt the report and accounts for the year ended 31 December 2020


88,753,315


99.96


34,790


0.04


88,788,105


100,825




2


To approve the Directors' Remuneration Report


86,686,919


97.54


2,186,365


2.46


88,873,284


15,646




3


To declare a final dividend of 14.29p per ordinary share


88,883,738


99.99


5,156


0.01


88,888,894


36




4


To re-elect Mr Deane as a director


88,804,353


99.95


43,503


0.05


88,847,856


41,074




5


To re-elect Mr Rimmington as a director


88,800,776


99.95


47,080


0.05


88,847,856


41,074




6


To re-elect Ms Dale as a director


88,774,931


99.92


73,026


0.08


88,847,957


40,973




7


To re-elect Mr Savage as a director


88,768,993


99.91


78,863


0.09


88,847,856


41,074




8


To re-elect Mrs Oak as a director


87,748,778


98.76


1,099,179


1.24


88,847,957


40,973




9


To re-elect Mr Hesketh as a director


88,768,712


99.91


78,344


0.09


88,847,056


41,874




10


To elect Mr Eamonn Flanagan as a director


88,803,846


99.95


47,080


0.05


88,850,926


38,004




11


To re-appoint Deloitte LLP as auditor


88,804,173


99.91


76,238


0.09


88,880,411


8,519




12


To authorise the directors to determine the auditor's remuneration


88,868,017


99.99


12,603


0.01


88,880,620


8,310




13


To provide limited authority to make political donations and to incur political expenditure


87,310,678


98.24


1,568,251


1.76


88,878,929


10,001




14


To authorise the directors to allot securities up to a specified amount


87,423,438


98.35


1,462,484


1.65


88,885,922


3,008




15


Special resolution - to give the directors power to allot securities for cash without making an offer to shareholders (rights issue or open offer)


87,409,220


98.34


1,478,405


1.66


88,887,625


1,305




16


Special resolution - to give the directors power to allot securities for cash without making an offer to shareholders (financing or refinancing an acquisition)


86,200,256


96.98


2,687,369


3.02


88,887,625


1,305




17


Special resolution - to give the Company limited authority to purchase its own shares


88,821,433


99.95


46,671


0.05


88,868,104


20,826




18.


Special resolution - to allow the Company to call general meetings on not less than 14 clear working days' notice


88,551,698


99.63


333,251


0.37


88,884,949


3,981



 
*Votes 'withheld' have not been included in the calculation of whether the resolution is carried. Percentages have been rounded to two decimal places. 
 
The full text of the resolutions can be found in the Notice of the Meeting set out in the Financial Statements for the year ended 31 December 2020, copies of which are 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: 
 
Roddy Watt
Director, Capital Markets
FWD
Forward thinking communications
 
T   -    020 7280 0651   
E   -    roddy.watt@fwdconsulting.co.uk 
 
 
Notes to Editors
Chesnara is a life and pensions company listed on the London Stock Exchange.  It administers over 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 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 16 years in succession.
 
Further details are available on the Company's website (www.chesnara.co.uk).

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