REG-Redde Northgate Plc: Result of AGM

Redde NorthgateAnnouncement

20/09/2021 16:15

Redde Northgate plc

Proxy voting results for the AGM held on 20 September 2021

 At the Annual General Meeting of Redde Northgate plc (the "Group") held at 10.30am on 28 October 2020 the total number of votes received on each resolution were as follows:                                                                                                                                                  
 Resolutions                                                                                                                                                                                      Votes  For   % of Votes  Votes Against  % of Votes  Total  Votes  Votes cast as % of Issued Share Capital  Votes Withheld    
 1       To receive the Directors' Report and audited accounts of the Company for the year ended 30 April 2021 (Annual Report and Accounts)                                                       192,692,737        98.44      3,061,445        1.56 196,430,596                                      79.82         676,414   
 2       To declare a final dividend of 12.0 pence per ordinary share payable to the shareholders on the register at the close of business on 3 September 2021, as recommended by the Directors.  192,938,715        98.22      3,488,969        1.78 196,430,596                                      79.82           2,912   
 3*      To approve the Directors' Remuneration Report in the form set out on pages 71 to 83 of the Annual Report and Accounts (see notice)                                                       119,548,493        62.36     72,170,628       37.64 196,430,596                                      79.82       4,711,475   
 4       To appoint PricewaterhouseCoopers LLP as auditor of the Company to hold office until the conclusion of the next Annual General Meeting                                                   195,899,411        99.73        526,773        0.27 196,430,596                                      79.82           4,412   
 5       To authorise the Audit and Risk Committee, for and on behalf of the Board, to determine the remuneration of the auditor                                                                  196,424,543        99.99          2,935        0.01 196,430,596                                      79.82           3,118   
 6       To re-elect Avril Palmer-Baunack as a director                                                                                                                                           172,895,368         88.6     22,251,738        11.4 196,430,596                                      79.82       1,283,490   
 7       To re-elect Mark Butcher as a director                                                                                                                                                   185,956,804        94.67     10,469,100        5.33 196,430,596                                      79.82           4,692   
 8       To re-elect John Pattullo as a director                                                                                                                                                  165,618,045        84.32     30,807,681       15.68 196,430,596                                      79.82           4,870   
 9       To re-elect Philip Vincent as a director                                                                                                                                                 195,793,082        99.68        632,822        0.32 196,430,596                                      79.82           4,692   
 10      To elect Martin Ward as a director                                                                                                                                                       196,157,399        99.86        268,505        0.14 196,430,596                                      79.82           4,692   
 11      To elect John Davies as a director                                                                                                                                                       158,257,262        81.85     35,088,438       18.15 196,430,596                                      79.82       3,084,896   
 12      To elect Mark McCafferty as a director                                                                                                                                                   195,744,662        99.65        681,064        0.35 196,430,596                                      79.82           4,870   
 13      That the Board be authorised to allot shares in the Company up to an aggregate nominal amount of 40,974,222 GBP (see notice)                                                             195,243,714         99.4      1,179,487         0.6 196,430,596                                      79.82           7,395   
 14      That subject to the passing of Resolution 13, the Board be authorised to allot equity securities for cash (see notice)                                                                   196,080,530        99.83        339,671        0.17 196,430,596                                      79.82          10,395   
 15      That subject to the passing of Resolution 13, the Board be authorised to allot equity securities for cash and/or sell ordinary shares (see notice)                                       194,868,344        99.21      1,551,282        0.79 196,430,596                                      79.82          10,970   
 16      That a general meeting, other than an Annual General Meeting, may be called on not less than 14 clear days’ notice                                                                       194,420,464        98.98      2,006,215        1.02 196,430,596                                      79.82           3,917   
 17      That the Company be authorised to make market purchases of ordinary shares of 50p each (see notice)                                                                                      195,815,738        99.73        537,703        0.27 196,430,596                                      79.82          77,155   

Notes:

1.     Any proxy appointments which gave discretion to the Chairman have
been included in the "for" total.

2.     The Group's issued capital (excluding treasury shares) at the date
of the meeting was 246,091,423 ordinary shares of 50p each and 1,000,000
preference shares of 50 pence each which do not carry voting rights on the
above resolutions.  Each ordinary share carried the right to one vote and,
therefore, at the date of the meeting there were 246,091,423 voting rights in
the Group.

3.     A "vote withheld" is not a vote in law and is not counted in the
calculation of the proportion of the votes "for" and "against" a resolution.

*       The company notes the result in respect these resolutions and
will consult with shareholders to understand the specific issues and address
any outstanding matters.

For further information, please contact:

Redde Northgate
plc                                                                                   

Nicholas Tilley, Company Secretary                             
  44 (0)3445 170095



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