REG-Funding Circle Holdings plc Funding Circle Holdings plc: RAG-Result of AGM

Funding Circle HoldingsAnnouncement

15/05/2025 18:15

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Funding Circle Holdings plc (FCH)
Funding Circle Holdings plc: RAG-Result of AGM

15-May-2025 / 18:03 GMT/BST

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                                                                 LEI: 2138003EK6UAINBBUS19

15 May 2025

 

                       Funding Circle Holdings plc (the “Company”)

                                             

                       Poll Results of 2025 Annual General Meeting

 

Following its Annual General  Meeting (“AGM”) held today,  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 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.

 

 

                               Votes for       Votes against    Total votes cast   Votes
Resolution                   Number      %      Number     %     Number     % of  withheld
                                                                            ISC
    To receive the Annual
    Report and Accounts of
1.  the Company for the    238,142,512 100.00   3,858    0.00  238,146,370 75.94%  23,898
    year ended 31 December
    2024
    To approve the
2.  Directors’             233,970,779 98.24  4,181,355  1.76  238,152,134 75.94%  18,134
    Remuneration Policy
    To approve the
    Directors’
    Remuneration Report
3.                         238,136,993 99.99    14,637   0.01  238,151,630 75.94%  18,638
    (excluding the
    Directors’
    Remuneration Policy)
    To reappoint
4.  PricewaterhouseCoopers 238,079,916 99.97    65,453   0.03  238,145,369 75.94%  24,899
    LLP as auditors of the
    Company
    To authorise the Audit
5.  and Risk Committee to  238,103,148 99.98    41,353   0.02  238,144,501 75.94%  25,767
    fix the remuneration
    of the auditors
6.  To elect Ken Stannard  233,956,973 98.24  4,193,943  1.76  238,150,916 75.94%  19,352
    as a Director
7.  To re-elect Lisa       238,141,261 100.00   11,411   0.00  238,152,672 75.94%  17,596
    Jacobs as Director
8.  To elect Tony Nicol as 238,042,251 99.95   109,915   0.05  238,152,166 75.94%  18,102
    a Director
9.  To re-elect Geeta      237,107,947 99.56  1,044,221  0.44  238,152,168 75.94%  18,100
    Gopalan as a Director
10. To re-elect Helen Beck 232,962,849 97.82  5,189,319  2.18  238,152,168 75.94%  18,100
    as a Director
11. To re-elect Hendrik    230,254,602 96.68  7,897,566  3.32  238,152,168 75.94%  18,100
    Nelis as a Director
12. To re-elect Neil Rimer 233,774,602 98.16  4,377,566  1.84  238,152,168 75.94%  18,100
    as a Director
13. Political donations    233,280,199 97.97  4,840,175  2.03  238,120,374 75.93%  49,894
14. Directors’ authority   186,303,150 78.23  51,849,493 21.77 238,152,643 75.94%  17,625
    to allot shares
15. Disapplication of      186,305,076 78.23  51,847,340 21.77 238,152,416 75.94%  17,852
    pre-emption rights *
    Disapplication of
    pre-emption rights in
    connection
16.                        186,306,165 78.23  51,846,251 21.77 238,152,416 75.94%  17,852
    with an acquisition or
    specified capital
    investment*
17. Purchase of own        238,122,162 99.99    30,479   0.01  238,152,641 75.94%  17,627
    shares*
18. Notice of general      238,090,219 99.97    63,155   0.03  238,153,374 75.94%  16,894
    meeting*

 

 

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

 

To view the full  wording of the resolutions,  please refer to the  Notice of 2024  Annual
General Meeting on the Company's website.

 

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

 

In accordance with UK Listing Rules 6.4.2, copies of all the resolutions passed other than
resolutions concerning ordinary business will shortly  be available for inspection on  the
National Storage Mechanism at:  1 https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

On Thursday  15 May  2025, 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
313,613,109.

 

While all resolutions were passed  at today's AGM with a  clear majority, the Board  notes
that Resolutions 14, 15, and 16 received 21.77% of votes against. We intend to engage with
relevant shareholders in due course to further understand their views. We will provide  an
update within six months as required by the UK Corporate Governance Code.

 

 

 

For and on behalf of

Funding Circle Holdings plc

 

Lucy Vernall

Company Secretary

 

                                          -Ends-

 

 

Enquiries:

Funding Circle:

Investor Relations     2 ir@fundingcircle.com
Tony Nicol

Media Relations      3 press@fundingcircle.com
Leigh Rimmer

Headland Consultancy   +44 (0) 20 3805 4822
Stephen Malthouse and Jack Gault

 

About Funding Circle:

Funding Circle (LSE: FCH) is the UK’s leading SME finance platform. Established in the  UK
in 2010,  Funding  Circle  has extended  more  than  £14.6bn in  credit  to  over  110,000
businesses in the UK.

For SME borrowers, Funding  Circle provides an  unrivalled customer experience,  delivered
through its technology and  data, coupled with  a human touch.  Its solutions continue  to
help customers  access the  funding they  need to  succeed. For  institutional  investors,
Funding Circle provides access to an alternative asset class in an underserved market, and
delivers robust and attractive returns.

 

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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

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   ISIN:           GB00BG0TPX62
   Category Code:  RAG
   TIDM:           FCH
   LEI Code:       2138003EK6UAINBBUS19
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   388669
   EQS News ID:    2138990


    
   End of Announcement EQS News Service

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References

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   2. mailto:ir@fundingcircle.com
   3. mailto:press@fundingcircle.com


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