REG - NAHL Group PLC - Result of AGM

NAHLAnnouncement

27/06/2024 17:00

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RNS Number : 2276U  NAHL Group PLC  27 June 2024

 

27 June 2024

NAHL Group PLC

("NAHL" or the "Group")

Result of Annual General Meeting

The Board of NAHL is pleased to confirm that at the Company's Annual General
Meeting held earlier today, resolutions 1 to 9 and resolution 11 were passed
on a show of hands. Resolution 10 was carried on a show of hands but the
Chairman, after considering the proxy voting results, demanded a poll and the
resolution was subsequently not carried.  Full details of the proxy votes
received from shareholders prior to the Meeting for each resolution are set
out below.

 

The full text of each resolution was included in the Company's Notice of the
Annual General Meeting posted to shareholders on 30 May 2024 and made
available on the Company's website www.nahlgroupplc.co.uk.

 

 Resolution                                                                  Total votes cast*  For                 Against           Withheld
         Number                                                              %*                             Number  %*
 Ordinary resolutions
 1       To receive the Annual Report and Accounts                           26,230,896         26,229,609  99.99   1,287      0.01   2,000
 2       To approve the directors' remuneration report                       26,232,896         26,202,967  99.89   29,929     0.11   0
 3       To re-appoint Mazars LLP as auditor of the Company                  26,232,896         26,224,859  99.97   8,037      0.03   0
 4       To authorise the Directors to determine the auditors' Remuneration  26,232,896         26,222,859  99.96   10,037     0.04   0
 5       To re-appoint Tim Aspinall as a Director of the Company             26,230,896         26,211,223  99.93   19,673     0.07   2,000
 6       To re-appoint James Saralis as a Director of the Company            26,230,896         26,211,223  99.93   19,673     0.07   2,000
 7       To re-appoint Brian Phillips as a Director of the Company           26,230,896         26,211,223  99.93   19,673     0.07   2,000
 8       Authority for Directors to allot shares                             26,232,896         26,224,539  99.97   8,357      0.03   0
 Special resolutions
 9       General authority to disapply pre-emption rights                    26,230,896         26,221,859  99.97   9,037      0.3    2,000
 10      Additional authority to disapply pre-emption rights                 26,230,896         17,260,576  65.80   8,970,320  34.20  2,000
 11      Authority to purchase own shares                                    26,232,896         26,213,223  99.93   19,673     0.07   0

 

*Excludes withheld votes

The Board notes that Resolution 10, additional authority to disapply
pre-emption rights, was supported by the majority of shareholders but did not
achieve the necessary 75% votes in favour to be carried. The Board intends to
engage with those shareholders who voted against the resolution to better
understand the reasons behind the voting decisions and will consider any
further actions to be taken as a result of this. The results of the poll
carried out in relation to Resolution 10 are set out below.

 

 Resolution                                                   Total votes cast*  For                 Against           Withheld
         Number                                               %*                             Number  %*
 Special resolution
 10      Additional authority to disapply pre-emption rights  26,551,980         17,581,660  66.22   8,970,320  33.78  2,000

 

*Excludes withheld votes

 

For further information please call:

 NAHL Group PLC                                                 via FTI Consulting

 James Saralis (CEO)                                            Tel: +44 (0) 20 3727 1000

 Chris Higham (CFO)

 Allenby Capital (NOMAD & Broker)                               Tel: +44 (0) 207 220 0500

 Jeremy Porter/Liz Kirchner (Corporate Finance)

 Amrit Nahal/Stefano Aquilino (Sales & Corporate Broking)
 FTI Consulting (Financial PR)                                  Tel: +44 (0) 20 3727 1000

 Alex Beagley

 Amy Goldup

Notes to Editors

NAHL Group plc (AIM: NAH) is a leader in the Consumer Legal Services market.
The Group provides services and products to individuals and businesses in the
CLS market through its two divisions:

·      Consumer Legal Services provides outsourced marketing services
to law firms through National Accident Helpline and claims processing to
individuals through National Accident Law, Law Together and Your Law.  In
addition, it also provides property searches through Searches UK.

·      Critical Care provides a range of specialist services in the
catastrophic and serious injury market to both claimants and defendants
through Bush & Co.

 

More information is available at www.nahlgroupplc.co.uk
(http://www.nahlgroupplc.co.uk/) , www.national-accident-helpline.co.uk
(http://www.national-accident-helpline.co.uk/) ,
www.national-accident-law.co.uk (http://www.national-accident-law.co.uk)
and www.bushco.co.uk (http://www.bushco.co.uk/) .

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