Virgin Money UK PLC
(Company)
LEI: 213800ZK9VGCYYR6O495
RESULTS OF ANNUAL GENERAL MEETING ON 25 FEBRUARY 2021
25 February 2021
The Board of Directors of the Company announces that at the Company's Annual General Meeting held today, resolutions 1 to 21 were duly passed by the Company's shareholders by way of a poll. The results of the poll are set out below.
| Resolution | For | Against | Total | Withheld | ||
|
| No. of Votes | % of Vote | No. of Votes | % of Vote | No. of Votes | No. of Votes |
| 1. To receive the Annual Report and Financial Statements for the year ended 30 September 2020
| 1,044,249,031 | 99.98 | 183,924 | 0.02 | 1,044,432,955 | 19,528,849 |
| 2. To approve the Directors' Annual Report on Remuneration for the year ended 30 September 2020.
| 1,043,034,150 | 98.65 | 14,318,869 | 1.35 | 1,057,353,019 | 6,607,590 |
| 3. To re-elect David Bennett as a Director of the Company.
| 1,041,532,919 | 98.51 | 15,742,972 | 1.49 | 1,057,275,891 | 6,685,109 |
| 4. To re-elect Paul Coby as a Director of the Company.
| 1,053,674,609 | 99.66 | 3,603,400 | 0.34 | 1,057,278,009 | 6,680,761 |
| 5. To re-elect David Duffy as a Director of the Company.
| 1,056,529,509 | 99.93 | 771,156 | 0.07 | 1,057,300,665 | 6,660,183 |
| 6. To re-elect Geeta Gopalan as a Director of the Company.
| 1,056,172,823 | 99.89 | 1,144,606 | 0.11 | 1,057,317,429 | 6,636,570 |
| 7. To re-elect Darren Pope as a Director of the Company.
| 1,053,120,537 | 99.62 | 4,062,978 | 0.38 | 1,057,183,515 | 6,777,484 |
| 8. To re-elect Amy Stirling as a Director of the Company.
| 1,052,614,166 | 99.56 | 4,600,132 | 0.44 | 1,057,214,298 | 6,744,946 |
| 9. To re-elect Tim Wade as a Director of the Company.
| 1,053,788,441 | 99.68 | 3,384,734 | 0.32 | 1,057,173,175 | 6,787,824 |
| 10. To re-appoint Ernst & Young LLP as auditors of the Company.
| 1,044,489,479 | 98.79 | 12,761,777 | 1.21 | 1,057,251,256 | 6,706,187 |
| 11. To authorise the Audit Committee to determine the remuneration of the auditors.
| 1,056,912,047 | 99.94 | 624,264 | 0.06 | 1,057,536,311 | 6,423,704 |
| 12. To authorise the Directors to allot shares.
| 1,009,623,653 | 95.48 | 47,812,457 | 4.52 | 1,057,436,110 | 6,510,752 |
| 13. To authorise the Directors to disapply statutory pre-emption rights in respect of 5% of the Company's issued share capital.
| 1,020,356,144 | 96.54 | 36,551,244 | 3.46 | 1,056,907,388 | 7,053,676 |
| 14. To authorise the Directors to disapply statutory pre-emption rights in respect of an additional 5% of the Company's issued share capital. | 979,191,443 | 92.65 | 77,713,637 | 7.35 | 1,056,905,080 | 7,054,889 |
| 15. To authorise the Directors to allot equity securities in connection with AT1 Securities.
| 1,041,174,024 | 98.50 | 15,830,811 | 1.50 | 1,057,004,835 | 6,955,903 |
| 16. To authorise the Directors to disapply statutory pre-emption rights in respect of the allotment of equity securities in connection with AT1 Securities and issue further AT1 Securities.
| 1,040,964,766 | 98.49 | 15,937,118 | 1.51 | 1,056,901,884 | 7,053,550 |
| 17. To permit the Company to purchase its own shares.
| 1,043,560,401 | 98.72 | 13,565,551 | 1.28 | 1,057,125,952 | 6,834,638 |
| 18. To permit the Company to enter into a contingent purchase contract between the Company and Citigroup Global Markets Australia Pty Limited for the purchase by the Company of ordinary shares converted from CHESS Depositary Interests (CDIs).
| 1,043,429,093 | 98.71 | 13,613,563 | 1.29 | 1,057,042,656 | 6,912,249 |
| 19. To authorise the Company to make political donations and incur political expenditure.
| 1,015,683,026 | 96.06 | 41,647,663 | 3.94 | 1,057,330,689 | 6,628,627 |
| 20. To authorise the Directors to allot shares in connection with the Conduct Indemnity Deed.
| 995,348,139 | 94.14 | 61,907,846 | 5.86 | 1,057,255,985 | 6,704,262 |
| 21. To authorise the Directors to disapply statutory pre-emption rights in connection with the Conduct Indemnity Deed. | 995,357,526 | 94.15 | 61,833,419 | 5.85 | 1,057,190,945 | 6,767,249 |
Votes 'For' and 'Against' are expressed as a percentage of the total votes received.
A 'Vote withheld' is not treated as a vote in law and would not be counted in the calculation of the proportion of the votes cast 'For' or 'Against' a resolution.
The current issued share capital of the Company consists of 1,438,761,953 ordinary shares of 10 pence, carrying one vote each.
In accordance with the Listing Rule 9.6.2 copies of all resolutions other than resolutions concerning ordinary business passed at today's Annual General Meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Announcement authorised for release by Lorna McMillan, Group Company Secretary.
For further information, please contact:
| Investors and Analysts |
|
| Richard Smith | 07483 399303 |
| Head of Investor Relations | richard.smith@virginmoneyukplc.com |
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|
| Company Secretary |
|
| Lorna McMillan | 07834 585 436 |
| Group Company Secretary | lorna.mcmillan@virginmoneyukplc.com |
|
|
|
| Media Relations |
|
| Press Office | 0800 066 5998 |
|
| press.office@virginmoneyukplc.com |
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