REG - Non-Standard Fin - Result of AGM <Origin Href="QuoteRef">NSF.L</Origin>

Non-Standard FinanceAnnouncement

09/05/2017 12:50

RNS Number : 6249E
Non-Standard Finance PLC
09 May 2017
Non-Standard Finance plc
("Non-Standard Finance," "NSF", the "Company" or the "Group")
Result of Annual General Meeting
9 May 2017
Non-Standard Finance is pleased to announce that all resolutions proposed at the Company's Annual General Meeting, held at 11.00 am today, were duly approved by shareholders. The resolutions and voting outcomes are set out below:

IN FAVOUR
AGAINST
VOTES WITHHELD
Number of
Shares
% Voting Shares
Number of
Shares
% Voting Shares
Number of Shares
RESOLUTION





1.
Report and Accounts
264,736,814
100.00
0
0.00
0
2.
Remuneration Report
264,148,890
99.78
587,924
0.22
0
3.
Remuneration Policy
255,868,233
96.65
8,855,442
3.35
13,139
4.
Final Dividend 
264,736,814
100.00
0
0.00
0
5.
Long-term Incentive
256,360,039
96.84
8,363,636
3.16
13,139
6.
Sharesave Plan
264,668,052
99.97
68,762
0.03
0
7.
Elect John Van Kuffeler
264,136,237
99.77
600,577
0.23
0
8.
Elect Nicholas Teunon
264,136,237
99.77
600,577
0.23
0
9.
Elect Miles Cresswell-Turner
264,136,237
99.77
600,577
0.23
0
10.
Elect Charles Gregson
210,297,636
99.37
1,343,543
0.63
53,095,635
11.
Elect Heather McGregor
264,736,814
100.00
0
0.00
0
12.
Re-appoint Auditor
256,372,678
100.00
500
0.00
8,363,636
13.
Remuneration of Auditor
264,736,314
100.00
500
0.00
0
14.
Allot Shares in Company
264,026,980
99.74
696,695
0.26
13,139
15.
Disapply pre-emption rights (Special Resolution)
264,723,675
100.00
0
0.00
13,139
16.
Disapply pre-emption rights in relation to acquisitions and specified capital investments (Special Resolution)
256,360,039
96.84
8,363,636
3.16
13,139
17.
Authority for company to purchase its own shares (Special Resolution)
256,360,039
96.84
8,363,636
3.16
13,139
18.
Notice for a general meeting (Special Resolution)
264,533,825
99.92
202,989
0.08
0
Notes:
1. Percentage of voting shares is the percentage of shares voted and excludes shares on which votes were withheld
2.Total number of shares voted = 264,736,814
3.Total number of shares in issue = 317,049,682
For more information:
Non-Standard Finance plc
Peter Reynolds, Director, IR and Communications
+44 (0) 20 3869 9026
Bell Pottinger
Dan de Belder
Aarti Iyer
Molly Stewart
+44 (0) 20 3772 2500
About Non-Standard Finance
Non-Standard Finance plc is listed on the main market of the London Stock Exchange (ticker: NSF) and was established in 2014 to acquire and grow businesses in the UK's non-standard consumer finance sector. Under the direction of its highly experienced main board, the Company has acquired a sustainable group of businesses offering credit to the c.10-12 million UK adults who are not served by (or choose not to use) mainstream financial institutions. Its three business areas are: unsecured branch-based loans, home-collected credit and guaranteed loans. Each business now has access to increased levels of funding and has benefited from stronger management controls; has refined its product pricing in a number of areas; has introduced new compliance protocols; and is investing in new IT infrastructure and systems. These changes have been implemented to balance the delivery of improved customer outcomes with the generation of substantial returns for shareholders. In the year ended 31 December 2016, the Group generated reported revenue of 72.6m; pro forma normalised revenue of 94.7m; reported operating loss of 5.2m and pro forma normalised operating profit, before temporary agent commission, of 20.5m. As at 31 December 2016, the Group had a combined loan book of 165m (before fair value adjustments). For more information see www.nonstandardfinance.com.

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