REG - Lendinvest PLC LendInvest PLC-LINV - Result of AGM

LendinvestAnnouncement

08/09/2022 16:15

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RNS Number : 8303Y  Lendinvest PLC  08 September 2022

LEI: 213800NWMK3O4UWP9N91

 

8 September 2022

LendInvest plc

("LendInvest" or the "Company")

 

Results of Annual General Meeting held on 8 September 2022

 

LendInvest plc (AIM: LINV), a leading technology driven asset manager for UK
property finance, announces that, at its Annual General Meeting held earlier
today, all of the resolutions as set out in the Notice of Annual General
Meeting were approved by way of a show of hands.

 

As at 6 September 2022, the number of issued ordinary £0.0005 shares of the
Company was 138,381,046. This represents the total number of shares entitling
the holders to attend and vote for or against all resolutions. 116,556,783
proxy votes were received representing 84.23% of the issued share capital of
LendInvest.

 

Details of the proxy votes received before the meeting on each resolution by
Equiniti, LendInvest's Registrar, are set out below. Full text of all of the
resolutions is set out in the Notice of Annual General Meeting, a copy of
which is available on the Company's website.

 

 

                     Resolutions                                                                      Total votes
                     For                                                                                           Against     Vote

                     (%)                                                                                           (%)         Withheld(1)
 1.                  Ordinary resolution to receive the audited accounts for the financial year       99,425,743               17,131,040
                     ended 31 March 2022, together with the directors' report and independent

                     auditor's report on those accounts.                                              100.0%       0

                                                                                                                   0.0%

 2.                  Ordinary resolution to approve the Directors' remuneration report for the                     0           17,131,040
                     financial year ended 31 March 2022.

                                                                                                      99,425,743   0.0%

                                                                                                      100.0%

 3.                  Ordinary resolution to declare a final dividend of 4.4 pence per ordinary        99,425,743   0           17,131,040
                     share in the capital of the Company ("Share") for the financial year ended 31

                     March 2022.                                                                      100.0%       0.0%

 4.                  Ordinary resolution to re-appoint BDO LLP as auditor of the Company, from the    99,425,743   0           17,131,040
                     end of this annual general meeting until the end of the next general meeting

                     of the Company at which accounts are laid.                                       100.0%       0.0%

 5.                  Ordinary resolution to authorise the Audit and Risk Committee of the Company     99,425,743   0           17,131,040
                     (for and on behalf of the Board) to determine the auditors' remuneration.

                                                                                100.0%       0.0%

 6.                  Ordinary resolution to authorise the Company and any company which is, or
                     becomes, a subsidiary of the Company to make political donations and incur

                     political expenditure not exceeding £50,000.                                     95,690,238   3,735,505   17,131,040

                                                                                                      96.2%        3.8%

 7.                  Ordinary Resolution to authorise the directors to allot securities up to an      82,784,393   16,641,350  17,131,040
                     aggregate nominal value of £46,127.

                                                                                83.3%        16.7%

 8.                  Special resolution to give the directors power to allot securities for cash      99,425,238   505         17,131,040
                     without making an offer to shareholders, generally, up to an aggregate nominal

                     value of £3,459.                                                                 100.0%       0.0%

 9.                  Special resolution to give the directors power to allot securities for cash      99,425,238   505         17,131,040
                     without making an offer to shareholders, in order to finance acquisitions, up

                     to an aggregate nominal value of £3,459.                                         100.0%       0.0%

 10.                 Special resolution to give the Company limited authority to purchase up to       99,425,743   0           17,131,040
                     13,838,104 of its own shares.

                                                                                100.0%       0.0%

( )

(1) A vote withheld is not a vote in law and is not counted in the calculation
of the votes for or against a resolution.

 

 

For further information, please contact:

 

LendInvest via Tulchan Communications
                                    +44
(0)20 7353 4200

Rod Lockhart, Chief Executive Officer

Michael Evans, Chief Financial Officer

Alex Dee, Head of Investor Relations

Leigh Rimmer, Senior PR Manager

investorrelations@lendinvest.com (mailto:investorrelations@lendinvest.com)

 

Panmure Gordon (NOMAD and Joint
Broker)
          +44 (0)20 7886 2500

Atholl Tweedie

Charles Leigh-Pemberton

 

finnCap Limited (Joint
Broker)
                        +44 (0)20 7220 0500

Jonny Franklin-Adams/George Dollemore (Corporate Finance)

Tim Redfern/Alice Lane (ECM)

 

Tulchan Communications (Financial
PR)
      +44 (0)20 7353 4200

Tom Murray

Matt Low

Misha Bayliss

Olivia Lucas

 

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