REG - Hargreaves Lansdown - Result of AGM

Hargreaves LansdownAnnouncement

08/12/2023 16:45

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RNS Number : 2346W  Hargreaves Lansdown PLC  08 December 2023

Hargreaves Lansdown plc

Results of Annual General Meeting ("AGM")

The Board is pleased to announce that at the AGM of the Company held on
Friday 8(th) December 2023, all of the resolutions proposed at the Meeting
were duly passed by shareholders.

For information, full details of the votes received were as follows:

 Resolution Number                                                For                   Against              Total         % of ISC voted  Withheld *

                                                                                                             Vote *
                                                                  No. of Votes  %       No. of Votes  %      No. of Votes  No. of votes
 1. Receive the Report of Directors and Audited Accounts          397,839,710   99.85   616,257       0.15   398,455,967   84.01%          6,994,553
 2. Approve the final dividend                                    405,431,812   100.00  6,782         0.00   405,438,594   85.48%          11,926
 3. Approve Directors' Report on Remuneration                     302,104,242   96.96   9,466,162     3.04   311,570,404   65.69%          93,880,116
 4. Approve Directors' Remuneration Policy                        293,385,741   95.09   15,147,800    4.91   308,533,541   65.05%          96,916,978
 5. Re-appointment of Auditors                                    397,915,215   98.15   7,520,836     1.85   405,436,051   85.48%          14,469
 6. Auditors' Remuneration                                        405,373,279   99.99   60,036        0.01   405,433,315   85.48%          17,205
 7. [Re-election of Deanna Oppenheimer - Non-Executive Chair]**   WITHDRAWN             WITHDRAWN            WITHDRAWN                     WITHDRAWN
 8. Re-election of Dan Olley - Executive Director                 403,429,156   99.51   1,995,611     0.49   405,424,767   85.48%          25,753
 9. Election of Amy Stirling - Executive Director                 404,741,739   99.83   685,128       0.17   405,426,867   85.48%          23,653
 10. Re-Election of Roger Perkin- Non-Executive Director***       WITHDRAWN             WITHDRAWN            WITHDRAWN                     WITHDRAWN
 11. Re-Election of John Troiano - Non-Executive Director         311,330,142   76.79   94,096,570    23.21  405,426,712   85.48%          23,808
 12. Re-Election of Andrea Blance- Non-Executive Director         305,340,730   75.86   97,149,978    24.14  402,490,708   84.86%          2,959,812
 13. Re-Election of Moni Mannings - Non-Executive Director        297,766,629   73.98   104,718,374   26.02  402,485,003   84.86%          2,965,517
 14. Re-Election of Adrian Collins - Non-Executive Director       401,702,986   99.81   783,626       0.19   402,486,612   84.86%          2,963,908
 15. Re-Election of Penny James - Non-Executive Director          292,037,671   72.56   110,449,837   27.44  402,487,508   84.86%          2,963,012
 16. Re-Election of Darren Pope - Non-Executive Director          306,254,441   76.09   96,230,477    23.91  402,484,918   84.86%          2,965,602
 17. Election of Michael Morley - Non-Executive Director          405,332,927   99.98   87,362        0.02   405,420,289   85.47%          30,231
 18. Authority to Purchase Own Shares ****                        304,094,212   75.01   101,320,719   24.99  405,414,931   85.47%          35,589
 19.  Authority to Allot Shares                                   303,328,110   75.38   99,067,618    24.62  402,395,728   84.84%          3,054,791
 20. Authority to Dis-apply Statutory Pre-emption Rights ****     310,476,994   76.58   94,948,546    23.42  405,425,540   85.48%          24,980
 21. Approve short notice for general meetings ****               393,805,298   97.84   8,689,303     2.16   402,494,601   84.86%          2,955,919
 22. Approve the Hargreaves Lansdown plc Performance Share Plan   299,628,254   74.46   102,764,402   25.54  402,392,656   84.84%          3,057,864

Results of the poll can also be viewed on the Company's website:
www.hl.co.uk/investor-relations/investor-information/agm
(http://www.hl.co.uk/investor-relations/investor-information/agm) .

* A vote withheld is not a vote in law and is not counted in the calculation
of the proportion of votes 'for' or 'against' a resolution.

** As announced by RNS on 29 November 2023, the Company confirms that the
resolution to re-elect Deanna Oppenheimer as Non-Executive Chair of the
Company (Resolution 7 of the Notice) is now withdrawn. The withdrawal of
Resolution 7 did not otherwise affect the validity of the Notice, the proxy
form or any proxy votes already submitted on other resolutions. The numbering
of all other proposed resolutions at the Annual General Meeting remained
unchanged.

*** As announced by RNS on 29 November 2023, the Company confirms that the
resolution to re-elect Roger Perkin as Non-Executive Director of the Company
(Resolution 10 of the Notice) is now withdrawn. The withdrawal of Resolution
10 did not otherwise affect the validity of the Notice, the proxy form or any
proxy votes already submitted on other resolutions. The numbering of all other
proposed resolutions at the Annual General Meeting remained unchanged.

**** Special Resolutions requiring a 75% majority.

In accordance with Listing Rule 9.6.3(1), two copies of the resolutions (other
than those resolutions comprising ordinary business) passed by the Company at
its Annual General Meeting ('AGM') held on 8(th) December 2023 have been
submitted to the Financial Conduct Authority.

 

The Board notes that resolution 11 (re-election of J Troiano), resolution 12
(re-election of A Blance), resolution 13 (re-election of M Mannings),
resolution 15 (re-election of P James), resolution 16 (re-election of D Pope),
resolution 18 (authority to purchase its own shares), resolution 19 (authority
to allot shares), resolution 20 (authority to dis-apply statutory pre-emption
rights)  and resolution 22 (approve the Hargreaves Lansdown plc Performance
Share Plan)  were passed but with less than 80% of support. The Board will
consult with the specific shareholders who did not vote in favour to
understand any concerns.

 

A copy of this document has been submitted to the National Storage Mechanism
and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fdata.fca.org.uk%2F%23%2Fnsm%2Fnationalstoragemechanism&data=05%7C01%7Cvictoria.orme%40hl.co.uk%7C255d7b03df47419496b508dab3379fc4%7C90578e2dfce84c57a1a62b4909a9dc4d%7C0%7C0%7C638019348742285564%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=YecIAZ8s19BMEY5GmVguKDJo%2Fo4XLATllYk14%2BAk2Gk%3D&reserved=0)
.

 

 

Claire Chapman

Company Secretary

 

Enquiries:

Danny Cox, Head of Communications:

07989 672 071

 

James Found, Head of Investor Relations:

07970 066 634

 

 

LEI: 2138008ZCE93ZDSESG90

Company Number: 02122142

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