REG - Secure Trust BankPLC - Result of 2025 AGM

Secure Trust BankAnnouncement

15/05/2025 17:00

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RNS Number : 9026I  Secure Trust Bank PLC  15 May 2025

Secure Trust Bank PLC

15 May 2025

SECURE TRUST BANK PLC

 

Results of the 2025 Annual General Meeting

 

The Board is pleased to confirm all resolutions set out in the Notice of AGM
2025 were passed by shareholders at today's AGM. A summary of the poll results
in respect of each resolution is set out below.

 

                             Resolution                                                                     Votes for  % of votes cast for  Votes against  % of votes cast against  Total votes cast - excludes withheld votes  Withheld
 1.                          To receive and adopt the Report and Accounts 2024                              9,362,172  99.99%               1,069          0.01%                    9,363,241                                   545,465
 2.                          To receive and approve the Directors' Remuneration Report                      9,727,051  98.23%               175,288        1.77%                    9,902,339                                   6,367
 3.                          To declare a final dividend of 22.5 pence per ordinary share                   9,780,911  99.99%               1,069          0.01%                    9,781,980                                   126,726
 4.                          To elect Julie Hopes as Director                                               9,873,664  99.96%               3,707          0.04%                    9,877,371                                   31,335
 5.                          To re-elect Jim Brown as Director                                              9,204,885  92.93%               700,146        7.07%                    9,905,031                                   3,675
 6.                          To re-elect David McCreadie as Director                                        9,901,545  99.96%               3,486          0.04%                    9,905,031                                   3,675
 7.                          To re-elect Rachel Lawrence as Director                                        9,901,324  99.96%               3,707          0.04%                    9,905,031                                   3,675
 8.                          To re-elect Ann Berresford as Director                                         9,754,179  98.48%               150,852        1.52%                    9,905,031                                   3,675
 9.                          To re-elect Victoria Mitchell as Director                                      9,754,179  98.48%               150,852        1.52%                    9,905,031                                   3,675
 10.                         To re-elect Paul Myers as Director                                             9,750,672  98.44%               154,359        1.56%                    9,905,031                                   3,675
 11.                         To re-elect Finlay Williamson as a director                                    9,750,208  98.48%               150,975        1.52%                    9,901,183                                   7,523
 12.                         To re-appoint Deloitte LLP as auditor                                          9,355,726  99.96%               3,549          0.04%                    9,359,275                                   549,431
 13.                         To authorise the Audit Committee to fix the remuneration of the auditor        9,894,415  99.90%               9,793          0.10%                    9,904,208                                   4,498
 14.                         THAT, the Directors are authorised to allot shares in the Company or grant     9,887,944  99.85%               14,586         0.15%                    9,902,530                                   6,176
                             rights to subscribe for or convert any security into shares in the Company
 15.                         THAT, in addition to resolution 14, the Directors be authorised to allot       9,350,942  94.40%               554,279        5.60%                    9,905,221                                   3,485
                             shares and equity securities in relation to an issue of AT1 Securities
 16.                         THAT, subject to resolution 14, the Directors be authorised to allot equity    9,871,512  99.66%               33,709         0.34%                    9,905,221                                   3,485
                             securities for cash
 17.                         THAT, subject to resolution 14 and in addition to 16, the Directors be         9,830,437  99.28%               71,688         0.72%                    9,902,125                                   6,581
                             authorised to allot equity securities for cash in connection with a capital
                             investment
 18.                         THAT, subject to resolution 15, the Directors be authorised to disapply        9,344,359  94.36%               558,157        5.64%                    9,902,516                                   6,190
                             Statutory Pre-Emption Rights in relation to an issue of AT1 Securities
 19.                         THAT the Company be authorised to make market purchases of ordinary shares of  9,897,700  99.89%               10,692         0.11%                    9,908,392                                   314
                             40 pence each in the capital of the Company
 20.                         THAT the directors be authorised to call a General Meeting on 14 days' notice  9,886,960  99.82%               18,289         0.18%                    9,905,249                                   3,457

 

The issued share capital of the Company comprises 19,071,408 shares and total
votes cast, including votes withheld, amounted to 51.96% of the issued share
capital. Resolutions 16 - 20 were passed as special resolutions.

 

The Company has sent copies of the resolutions passed at the AGM, other than
those concerning ordinary business, to the FCA's National Storage Mechanism
and they will shortly be available for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

 

‐ENDS-

Enquiries:

Secure Trust Bank PLC

Lisa Daniels, Company Secretary

Tel: 0121 693 9100

 

About STB

STB is an established, well‐funded and capitalised UK retail bank with over
70‐years of trading history. STB operates principally from its head office
in Solihull, West Midlands, and has 904 employees (full‐time equivalent) as
at 31 December 2024.  STB's diversified lending portfolio currently focuses
on two sectors:

·          Business finance through its Real Estate Finance and
Commercial Finance divisions; and

·          Consumer finance through its Vehicle Finance and Retail
Finance divisions.

 

Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and
regulated by the Financial Conduct Authority and the Prudential Regulation
Authority.

 

Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.

 

 

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