REG-Lon.Fin.&Inv.Grp.: Result of AGM

London Finance & InvestmentAnnouncement

26/11/2020 07:00

Date:                                  
26(th) November 2020

On behalf of:                  London Finance & Investment
Group PLC

London Finance & Investment Group PLC

Results of Annual General Meeting

London Finance & Investment Group PLC (LSE: LFI, JSE: LNF) announces that at
its 2020 Annual General Meeting (the “Meeting”) held yesterday, all
resolutions put to the Meeting were passed by the required majority.

The resolutions were as set out in the Notice of Annual General Meeting, as
filed with the National Storage Mechanism (www.morningstar.co.uk/uk/NSM) and
are also available on the Company's website,
www.city-group.com/london-finance-and-investment-group-plc

In light of the AGM having to be conducted as a closed meeting, it was agreed
all votes on the resolutions would be held by poll vote so to include all the
votes of proxies received.

The total number of the Company’s ordinary shares in issue is 31,207,479. 
Proxy appointments were received from shareholders of 14,449,789 ordinary
shares (no votes were withheld) amounting to 46.30% of the Company’s issued
ordinary share capital.

The proxy votes held by a poll vote at the meeting were as follows:

 Resolution              For              Against  Withheld  
               Number    % of votes cast   Number   Number   
      1      14,449,789        100           0         0     
      2      14,449,789        100           0         0     
      3      14,449,789        100           0         0     
      4      14,449,789        100           0         0     
      5      14,449,789        100           0         0     
      8      14,449,789        100           0         0     
      9      14,449,789        100           0         0     
     10      14,441,332       99.94        8.457       0     
     11*     14,302,991       98.98       146,798      0     

(*Special Resolution)

Resolutions 5 and 6, relating to the re-election of the Independent Directors,
were carried on a poll: In accordance with Listing Rule 9.2.2 E(R), the
re-election of each of the Independent Directors was approved by:
1.
the Company’s Shareholders and
2.
the Company’s Independent Shareholders.

The results of the voting by the Company’s Shareholders were as follows:

 Resolution              For             Against  Withheld  
               Number    % of all votes   Number   Number   
      6      12,885,472       89.17         0         0     
      7      12,885,472       89.17         0         0     

The results of the voting by the Company’s Independent Shareholders were as
follows:

 Resolution             For             Against  Withheld  
               Number   % of all votes   Number   Number   
      6      1,564,317       10.83         0         0     
      7      1,564,317       10.83         0         0     

In accordance with Listing Rule 9.6.2, copies of the resolutions passed at the
meeting that do not constitute ordinary business have been submitted to the
National Storage Mechanism and will be available for inspection at
(www.morningstar.co.uk/uk/NSM)

Notes:

(a)   The votes "for" include those votes giving the Chairman discretion.

(b)   A vote “withheld" is not counted towards the votes cast "for" or
"against" a resolution.

The Directors of the Company accept responsibility for the contents of this
announcement.

LEI:   213800BV1J4DJE2SY849

London Finance & Investment Group PLC:              020 7796 9060
(David Marshall/Edward Beale)

Johannesburg Sponsor: 
Sasfin Capital (a division of Sasfin Bank Limited)



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