REG - Pollen Street Group - Update Statement on 2025 AGM Voting Results

Pollen StreetAnnouncement

11/12/2025 10:00

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RNS Number : 1990L  Pollen Street Group Limited  11 December 2025

11 December
2025

Pollen Street Group Limited

Update Statement

 2025 Annual General Meeting Voting Results

 

Pollen Street Group Limited ("Pollen Street Group" or the "Company") today
provides an update regarding its Annual General Meeting held on 12 June 2025
("AGM"). As previously announced, all resolutions at the AGM were successfully
passed with the requisite majority of votes. However, the Company acknowledges
that resolutions 15 and 16 ("The Rule 9 Waiver Resolutions") received a lower
level of support (72.82% and 77.37% of votes cast in favour respectively).

The Rule 9 Waiver Resolutions, approved by independent shareholders, relate to
a waiver granted by the Panel on Takeovers and Mergers. This waiver concerns
any obligation for the Concert Party to make a general offer for all issued
ordinary shares, should their holding increase as a result of the Company's
share buyback authority (Resolution 11, approved by 87.92% of votes) or the
2026 Awards and 2026 SIP Grants (Resolution 17, approved by 93.58% of votes).
These resolutions can only be implemented by applying The Rule 9 Waiver
Resolutions.

The Board has actively engaged with shareholders on an ongoing basis to
understand their voting decisions and to discuss the rationale for these
resolutions. Engagement has included individual meetings, presentations, and
 informal outreach by our brokers. Through this engagement, the Board
believes there is strong shareholder support for maintaining flexibility for
share buybacks, which is an important component of our Capital Allocation
Framework, and for broadening employee share-ownership through programmes such
as the 2026 SIP Grant, both of which the Board believes are in shareholders'
best interests.

The Board encourages ongoing engagement with shareholders and proxy advisers
and continues to make itself available to all stakeholders on request. The
Board will again take the views of shareholders into account ahead of tabling
resolutions at the next AGM and continues to engage regularly with
shareholders and their representative bodies. The Board also intends to
continue discussions with ISS regarding its standing policy generally to
recommend a vote against Rule 9 waivers, which the Board believes may have
influenced investor decisions. In accordance with the UK Corporate Governance
Code, any further updates will be provided in the Company's 2025 annual report
and accounts.

Unless otherwise defined all terms have the meanings given in the Notice of
Meeting 13 May 2025.

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. Founded in 2013, the Group has consistently
delivered top-tier returns alongside growing AuM.

 

Pollen Street operates through two complementary segments: the Asset Manager,
which manages third-party AuM, and the Investment Company, which invests on
balance sheet to generate attractive returns and accelerate AuM growth through
alignment with investors.

 

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    Corporate Development Director  Shweta.Chugh@pollencap.com (mailto:Shweta.Chugh@pollencap.com)  +44 (0)20 3965 5081

 MUFG Corporate Governance Ltd  Company Secretary               POLNcosec@cm.mpms.mufg.com (mailto:POLNcosec@cm.mpms.mufg.com)

 FGS Global                     Communications Advisor          PollenStreetCapital-LON@fgsglobal.com                           +44 (0) 7855 95 5531

 Barclays Bank plc              Joint broker                    Neal West / Stuart Muress                                       +44 (0) 20 7623 2323

 Investec Bank plc              Joint broker                    Ben Griffiths / Kamalini Hull                                   +44 (0) 20 7597 4000

 

LEI: 894500LP94M98N8CY487

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