REG - Sabre Insurance Grp - Result of AGM

Sabre InsuranceAnnouncement

23/05/2024 11:15

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RNS Number : 6710P  Sabre Insurance Group PLC  23 May 2024

Sabre Insurance Group plc (the 'Company')

 

Announcement of the Results of Annual General Meeting 2024

The Annual General Meeting of Sabre Insurance Group plc was held on the 23 May
2024. All resolutions set out in the notice of Annual General Meeting were
passed by the requisite majority by way of a poll. The table below shows the
results of the poll on all 19 resolutions. Each shareholder present in person,
or by proxy, was entitled to one vote per share held.

 

 No.  Resolution                                                              FOR          % votes cast  AGAINST     % votes cast AGAINST  Total votes cast (excluding votes withheld)  % of issued share capital voted  WITHELD

                                                                                           FOR
 1.   Receive and adopt the 2023 financial statements, Directors' Report and  217,735,031  100.00        4,020       0.00                  217,739,051                                  87.10%                           898,294
      Independent Auditor's Report.
 2.   Approve the Directors' Remuneration Report (excluding the Directors'    199,646,266  91.32         18,986,655  8.68                  218,632,921                                  87.45%                           4,424
      Remuneration Policy)
 3.   Approve the Directors' Remuneration Policy                              199,640,582  91.31         18,992,339  8.69                  218,632,921                                  87.45%                           4,424
 4.   Approve final dividend of 4.2 pence per ordinary share                  218,637,065  100.00        280         0.00                  218,637,345                                  87.45%                           0
 5.   Approve special dividend of 3.9 pence per ordinary share                218,633,045  100.00        4,300       0.00                  218,637,345                                  87.45%                           0
 6.   To elect Bryan Joseph as a Director                                     218,625,258  99.99         11,709      0.01                  218,636,967                                  87.45%                           378
 7.   To re-elect Geoff Carter as a Director                                  218,626,133  100.00        10,554      0.00                  218,636,687                                  87.45%                           658
 8.   To re-elect Karen Geary as a Director                                   217,591,880  99.52         1,044,807   0.48                  218,636,687                                  87.45%                           658
 9.   To re- elect Alison Morris as a Director                                216,697,528  99.11         1,939,159   0.89                  218,636,687                                  87.45%                           658
 10.  To re-elect Rebecca Shelley as a Director                               208,534,659  95.77         9,208,438   4.23                  217,743,097                                  87.10%                           894,248
 11.  To re-elect Adam Westwood as a Director                                 218,609,261  99.99         27,706      0.01                  218,636,967                                  87.45%                           378
 12.  To re-appoint PwC as auditor of the Company                             217,731,750  99.59         902,741     0.41                  218,634,491                                  87.45%                           2,854
 13.  Authority to fix auditor's remuneration                                 218,631,671  100.00        5,296       0.00                  218,636,967                                  87.45%                           378
 14.  Authority to make political donations                                   197,516,899  90.71         20,226,276  9.29                  217,743,175                                  87.10%                           894,170
 15.  Authority to allot shares                                               218,582,184  99.97         54,783      0.03                  218,636,967                                  87.45%                           378

 16.  Disapplication of pre-emption rights (general authority)                212,330,974  97.12         6,297,266   2.88                  218,628,240                                  87.45%                           9,105
 17.  Disapplication of pre-emption rights (specific capital investment)      206,659,472  94.53         11,968,768  5.47                  218,628,240                                  87.45%                           9,105
 18.  Authority to market purchase shares                                     217,711,328  99.58         916,912     0.42                  218,628,240                                  87.45%                           9,105
 19.  Authority to call a general meeting on 14 clear days' notice            218,145,919  99.78         491,426     0.22                  218,637,345                                  87.45%                           0

 

NOTES:

1.    The 'For' vote includes proxy appointments which gave the Chair
discretion on how to vote.

2.    A vote 'Withheld' is not a vote in law and is not counted in the
calculation of the proportion of votes 'For' or 'Against' a resolution nor in
the calculation of the percentage of the issued share capital voted for any
resolution.

3.    Resolutions 16 to 19 were Special Resolutions requiring a 75%
majority.

4.    As at 6.30 pm on 22 May 2024 the total number of ordinary shares in
issue, and therefore total number of voting rights was 250,000,000. The
Company did not hold any shares in treasury at that time.

5.    As per Listing Rule 9.6.2 a copy of the full text of the resolutions
passed at the Annual General Meeting (including resolutions concerning special
business) will shortly be submitted to the National Storage Mechanism for
inspection at https://data.fca.org.uk (https://data.fca.org.uk) . A copy is
also available on Sabre's website -
https://www.sabreplc.co.uk/investors/annual-general-meeting/
(https://www.sabreplc.co.uk/investors/annual-general-meeting/)

 

Anneka Kingan, Company Secretary

Sabre Insurance Group plc

LEI Code: 2138006RXRQ8P8VKGV98

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