REG - Direct Line Ins Grp - Result of AGM

Direct Line InsuranceAnnouncement

09/05/2023 15:00

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RNS Number : 8261Y  Direct Line Insurance Group PLC  09 May 2023

2023 Annual General Meeting Poll Results for Direct Line Insurance Group Plc

9 May 2023

 

Direct Line Insurance Group plc (the "Company") announces that all resolutions
proposed to shareholders at its Annual General Meeting today were carried by
the requisite majority on a poll.

The following table shows the votes cast for each resolution:

 Resolution                                                                             For            % of votes cast  Against     % of votes cast  Total votes    % of issued share capital voted  Votes withheld
 1.      To receive the Report and Accounts of the Company for the year ended 31        1,050,907,908  99.96%           440,546     0.04%            1,051,348,454  80.17%                           886,905
         December 2022.
 2.      To approve the Directors' Remuneration Report.                                 1,028,748,967  97.89%           22,163,847  2.11%            1,050,912,814  80.14%                           1,321,110
 3.      To approve the Directors' remuneration policy                                  1,030,959,263  98.10%           19,918,567  1.90%            1,050,877,830  80.13%                           1,356,094
 4.      To elect Mark Lewis as a Director of the Company.                              1,050,484,943  99.92%           794,394     0.08%            1,051,279,337  80.17%                           956,522
 5.      To re-elect Tracy Corrigan as a Director of the Company.                       1,050,288,530  99.91%           995,214     0.09%            1,051,283,744  80.17%                           952,115
 6.      To re-elect Danuta Gray as a Director of the Company.                          988,455,917    94.02%           62,821,309  5.98%            1,051,277,226  80.17%                           958,633
 7.      To re-elect Mark Gregory as a Director of the Company.                         1,048,326,579  99.72%           2,976,276   0.28%            1,051,302,855  80.17%                           933,004
 8.      To re-elect Sebastian James as a Director of the Company.                      1,031,850,198  98.15%           19,430,932  1.85%            1,051,281,130  80.17%                           954,529
 9.      To re-elect Adrian Joseph as a Director of the Company.                        1,050,266,818  99.90%           1,014,532   0.10%            1,051,281,350  80.17%                           954,509
 10.     To elect Neil Manser as a Director of the Company.                             1,038,499,200  98.78%           12,799,203  1.22%            1,051,298,403  80.17%                           937,456
 11.     To re-elect Fiona McBain as a Director of the Company.                         1,046,996,236  99.59%           4,284,303   0.41%            1,051,280,539  80.17%                           955,320
 12.     To re-elect Gregor Stewart as a Director of the Company.                       1,048,314,141  99.72%           2,971,673   0.28%            1,051,285,814  80.17%                           950,045
 13.     To re-elect Richard Ward as a Director of the Company.                         1,020,939,857  97.11%           30,343,256  2.89%            1,051,283,113  80.17%                           952,746
 14.     To re-appoint Deloitte LLP as the Company's Auditor until the next AGM.        1,027,629,995  97.68%           24,399,362  2.32%            1,052,029,357  80.22%                           206,502
 15.     To authorise the Audit Committee to agree the Auditor's remuneration.          1,051,629,232  99.96%           443,665     0.04%            1,052,072,897  80.23%                           162,962
 16.     To authorise the Company to make political donations/incur political           1,046,163,497  99.43%           5,948,469   0.57%            1,052,111,966  80.23%                           123,893
         expenditure.
 17.     To authorise the Directors to allot new shares.                                989,321,047    94.03%           62,790,210  5.97%            1,052,111,257  80.23%                           124,602
 18.     To grant the Directors general authority to disapply pre-emption rights. *     988,996,258    94.01%           63,040,149  5.99%            1,052,036,407  80.22%                           199,452
 19.     To grant the Directors additional authority to disapply pre-emption rights s   962,081,560    91.45%           89,949,233  8.55%            1,052,030,793  80.22%                           205,066
         in specific circumstances. *
 20.     To authorise the Company to purchase its own shares. *                         1,047,069,638  99.54%           4,877,075   0.46%            1,051,946,713  80.22%                           289,146
 21.     To authorise the Company to call a general meeting, other than an Annual       1,027,133,064  97.63%           24,973,967  2.37%            1,052,107,031  80.23%                           128,828
         General Meeting, on 14 clear days' notice. *
 22.     To authorise Directors to allot new shares in relation to an issue of          949,598,543    97.02%           29,174,759  2.98%            978,773,302    74.64%                           73,462,557
         Restricted Tier 1 Capital Instruments.
 23.     To authorise Directors to disapply pre-emption rights in relation to an issue  959,935,288    97.02%           18,790,416  2.98%            978,725,704    74.63%                           73,510,155
         of Restricted Tier 1 Capital Instruments. *

 

 

 

NOTES:

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 not counted in the
calculation of the votes "For" or "Against" a resolution.

5.   The total number of ordinary shares in issue on 4 May 2023 was
1,311,388,157. Shareholders are entitled to one vote per share. Ordinary
shareholders are entitled to one vote per share held.

 

6.   To view the full wording of the resolutions, please refer to the 2023
Notice of Annual General Meeting on the Company's website.

In accordance with the UK Listing Authority's Listing Rule 9.6.2, copies of
all the resolutions passed other than resolutions concerning ordinary business
have been submitted to the National Storage Mechanism and will shortly be
available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

Contact:

 Roger
 Clifton
 Company Secretary

 Email:  Roger.Clifton@directlinegroup.co.uk

 LEI: 213800FF2R23ALJQOP04

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