REG - Pollen Street Group - Result of AGM

Pollen StreetAnnouncement

01/05/2026 08:16

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RNS Number : 7745C  Pollen Street Group Limited  01 May 2026

1 May 2026
Pollen Street Group Limited
 (the "Company")
 

Results of Annual General Meeting

 

 

Pollen Street Group Limited announces that at its Annual General Meeting
("AGM"), held in-person at 4pm, on Thursday, 30 April 2026, all resolutions
set out in the Notice of Annual General Meeting were duly passed by the
requisite majority of votes. All resolutions were voted on by way of a poll. A
breakdown of the votes cast is set out below.

 

As previously announced on 30 January 2026, the Company confirms that
following the AGM, Jim Coyle has retired from the Board with immediate effect.
In addition, the appointment of Robert Ohrenstein (Independent Non-Executive
Director) as chair of the Audit Committee, effective 1 May 2026, is confirmed.
Furthermore, Richard Rowney (Independent Non-Executive Director) is appointed
as Senior Independent Director, also effective from 1 May 2026. The Company
further announces the appointment of Lynn Fordham as the designated Director
of the Board with immediate effect.

 

 

 Resolution                                     VOTES       %       VOTES      %       VOTES       % of ISC VOTED  VOTES

FOR
AGAINST
TOTAL
WITHHELD
 1       Annual Report and Accounts             48,888,730  99.96%  18,321     0.04%   48,907,051  82.11%          32,866
 2       Directors' Remuneration Report         42,684,331  87.27%  6,228,099  12.73%  48,912,430  82.12%          27,487
 3       Directors' Remuneration Policy         42,206,409  86.25%  6,730,389  13.75%  48,936,798  82.16%          3,119
 4       Amendments to LTIP 2023 and DBP 2023   42,269,383  86.38%  6,667,415  13.62%  48,936,798  82.16%          3,119
 5       Re-Elect          L McMurray           48,911,594  99.95%  26,013     0.05%   48,937,607  82.17%          2,310
  6      Re-Elect                               45,761,533  93.51%  3,176,074  6.49%   48,937,607  82.17%          2,310

         G Cardenas
 7       Re-Elect                               45,263,554  92.49%  3,674,051  7.51%   48,937,605  82.17%          2,310

         J Lake
 8       Re-Elect                               45,261,120  92.49%  3,676,487  7.51%   48,937,607  82.17%          2,310

         R Rowney
 9       Elect                                  44,657,404  91.25%  4,280,203  8.75%   48,937,607  82.17%          2,310

         L Fordham
 10      Elect                                  45,760,600  93.51%  3,177,007  6.49%   48,937,607  82.17%          2,310

         J Gillies
 11      Elect                                  45,761,193  93.51%  3,176,414  6.49%   48,937,607  82.17%          2,310

         R Ohrenstein
 12      Re-Appoint Auditors                    45,652,935  93.29%  3,285,029  6.71%   48,937,964  82.17%          1,953
 13      Auditors Remuneration                  48,918,025  99.96%  19,630     0.04%   48,937,655  82.17%          2,262
 14      Make Market Purchases                  45,132,075  92.22%  3,805,889  7.78%   48,937,964  82.17%          1,953
 15      Issue Ordinary Shares                  45,756,011  93.50%  3,181,596  6.50%   48,937,607  82.17%          2,310
 16      Disapply Pre-emption rights            45,027,979  92.01%  3,909,628  7.99%   48,937,607  82.17%          2,310
 17      Disapply Pre-emption rights 2          44,932,212  91.82%  4,005,395  8.18%   48,937,607  82.17%          2,310
 18      Rule 9 waiver - market purchase        22,472,592  85.20%  3,903,494  14.80%  26,376,086  44.29%          22,363,831
  19     Rule 9 waiver - Awards Grant           22,439,086  85.07%  3,937,000  14.93%  26,376,086  44.29%          22,363,831

 

 

 NOTES:

 1.      Votes "For" and "Against" any resolution are expressed as a percentage
         (rounded to two decimal places) of votes validly cast for that resolution.

 2.      A "Vote withheld" is not a vote in law and is not counted in the calculation
         of the percentage of shares voted "For" or "Against" any resolution.

 3.      The number of shares in issue at close of business on 28 April 2026 was
         59,559,741, and 4,649,856 Ordinary Shares were held in treasury. The total
         number of voting rights in the Company was therefore 59,559,741. Up to 82.17%
         of voting capital was instructed.

 4.      The full text of the resolutions passed at the AGM can be found in the Notice
         of Annual General Meeting which is available on the Company's website at
         https://ir.pollenstreetgroup.com/investors/regulatory-announcements/
         (https://ir.pollenstreetgroup.com/investors/regulatory-announcements/)

 5.      In accordance with UK Listing Rules 6.4.2R and 6.4.3R, a copy of the
         resolutions passed has been submitted to the Financial Conduct Authority via
         the National Storage Mechanism, and will shortly be available for inspection
         at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
         (https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 6.      These poll results (inclusive of proxy results lodged before the AGM) will be
         available shortly on the Company's website at
         https://ir.pollenstreetgroup.com/investors/regulatory-announcements/
         (https://ir.pollenstreetgroup.com/investors/regulatory-announcements/)

 7.      Each resolution to re-elect independent non-executive directors (resolutions

       7, 8, 9, 10, 11) has per Listing Rule 6.2.8R been approved by a majority of
         the votes cast by: (i) the shareholders of the Company as a whole; and (ii)
         the independent shareholders of the Company, that is, all the shareholders
         entitled to vote on each resolution excluding the Concert Party.

 8.      Per the Notice of AGM, the members of the Concert Party were not entitled to

       vote on the Authority for the Company to purchase its own shares or the Rule 9
         Waiver Resolutions (resolutions 18 and 19).

 9.      Regarding the Board changes, the Company makes this announcement in accordance
         with LR 6.4.6 of the UK Listing Rules. There are no other matters to be
         disclosed under LR 6.4.6. or LR 6.4.8

 

 

 

About Pollen Street

 

Pollen Street is an alternative asset manager dedicated to investing within
the financial and business services sectors across both Private Equity and
Private Credit strategies. The business was founded in 2013 and has
consistently delivered top tier returns alongside growing AuM.

 

Pollen Street benefits from a complementary set of asset management activities
focused on managing third-party AuM (the "Asset Manager") together with
on-balance sheet investments (the "Investment Company").

 

The Asset Manager raises capital from high quality investors and deploys it
into its Private Equity and Private Credit strategies. The strong recurring
revenues from this business enable delivery of scalable growth.

 

The Investment Company invests in the strategies of the group delivering
attractive risk adjusted returns and accelerating growth in third-party AuM of
the Asset Manager through investing in Pollen Street funds, taking advantage
of attractive investment opportunities and aligning interest with our
investors to grow AuM. Today the portfolio is largely invested in credit
assets with the allocation to Private Equity expected to increase to 30 per
cent in the long term. The portfolio consists of both direct investments and
investments in funds managed by Pollen Street.

 

POLN is listed on the London Stock Exchange (ticker symbol: POLN) and is a
member of the FTSE 250 index. Further details are available
at www.pollenstreetgroup.com (http://www.pollenstreetgroup.com/) ).

 

 

For further information about this announcement please contact:

 

Pollen Street Group Limited

Shweta Chugh: +44 (0)20 3728 6750

 

Barclays Bank plc - Joint Broker

Neal West: +44 (0)20 7623 2323

 

Investec - Joint Broker

Ben Griffiths / Kamalini Hull: +44 (0)20 7597 4000

 

MUFG Corporate Governance Limited - Company Secretary

polncosec@cm.mpms.mufg.com (mailto:polncosec@cm.mpms.mufg.com)

 

FGS Global - Communications Advisor

Chris.Sibbald@fgsglobal.com (mailto:Chris.Sibbald@fgsglobal.com)

 

 

LEI: 894500LP94M98N8CY487

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