Source - LSE Regulatory
RNS Number : 5780Y
Direct Line Insurance Group PLC
13 May 2021
 

2021 Annual General Meeting Poll Results for Direct Line Insurance Group Plc

13 May 2021

 

Direct Line Insurance Group plc (the "Company") announces that all resolutions proposed to shareholders at its Annual General Meeting today were carried by the requisite majority on a poll. 

The following table shows the votes cast for each resolution:

Resolution

For

% of votes cast

Against

% of votes cast

Total votes

% of issued share capital voted

Votes withheld

1.

To receive the report and accounts for the year ended 31 December 2020

1,061,815,495

99.94

648,802

0.06

1,062,464,297

78.47%

838,666

2.

To approve the Directors' Remuneration Report

1,038,647,888

97.69

24,537,644

2.31

1,063,185,532

78.53%

117,721

3.

To declare a final dividend of 14.7p

1,057,154,483

99.43

6,103,472

0.57

1,063,257,955

78.53%

45,298

4.

To re-elect Danuta Gray as a Director

1,060,458,172

99.74

2,731,263

0.26

1,063,189,435

78.53%

113,818

5.

To re-elect Mark Gregory as a Director

1,060,135,484

99.71

3,037,715

0.29

1,063,173,199

78.53%

130,054

 

6.

 

RESOLUTION WITHDRAWN

7.

To re-elect Penny James as a Director

1,062,826,923

99.96

385,656

0.04

1,063,212,579

78.53%

88,790

8.

To re-elect Sebastian James as a Director

1,061,094,953

99.80

2,092,261

0.20

1,063,187,214

78.53%

116,039

9.

To elect Adrian Joseph as a Director

1,062,026,716

99.89

1,160,143

0.11

1,063,186,859

78.53%

116,394

10.

To re-elect Fiona McBain as a Director

1,060,858,077

99.78

2,328,809

0.22

1,063,186,886

78.53%

116,367

11.

To re-elect Gregor Stewart as a Director

1,016,373,384

99.01

10,171,712

0.99

1,026,545,096

75.82%

36,758,156

12.

To re-elect Richard Ward as a Director

1,061,039,966

99.80

2,148,947

0.20

1,063,188,913

78.53%

114,340

13.

To re-appoint Deloitte LLP as Auditor

967,885,089

91.04

95,301,976

8.96

1,063,187,065

78.53%

116,166

14.

To authorise the Audit Committee to agree the Auditor's remuneration

1,052,264,407

98.97

10,944,606

1.03

1,063,209,013

78.53%

94,240

15.

To authorise the Company to make political donations

1,036,902,891

97.53

26,278,766

2.47

1,063,181,657

78.53%

121,596

16.

To authorise the Directors to allot new shares

1,022,098,043

96.13

41,137,554

3.87

1,063,235,597

78.53%

67,655

17.

To disapply             pre-emption rights*

1,053,939,036

99.27

7,761,617

0.73

1,061,700,653

78.42%

1,602,600

18.

To further disapply           pre-emption rights in specific circumstances*

975,040,040

91.84

86,663,437

8.16

1,061,703,477

78.42%

1,599,776

19.

To authorise the Company to purchase its own shares*

1,053,039,088

99.05

10,073,327

0.95

1,063,112,415

78.52%

190,838

20.

To authorise the Company to call general meetings on 14 clear days' notice*

1,011,307,106

95.12

51,910,056

4.88

1,063,217,162

78.53%

86,091

21.

To authorise the Directors to allot new shares in relation to an issue of Restricted Tier 1 Capital Instruments

1,046,107,394

98.52

15,665,765

1.48

1,061,773,159

78.42%

1,530,094

22.

To authorise the Directors to disapply pre-emption rights in relation to an issue of Restricted Tier 1 Capital Instruments*

1,038,539,705

97.82

23,180,931

2.18

1,061,720,636

78.42%

1,582,617

 

 

NOTES:

1.   * indicates a Special Resolution requiring 75% of votes cast to be carried.

2.   Votes "For" and "Against" are expressed as a percentage of votes cast.

3.   Votes "For" include discretionary votes.

4.   A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

5.   The total number of ordinary shares in issue on 11 May 2021 was 1,353,338,609. Shareholders are entitled to one vote per share. Ordinary shareholders are entitled to one vote per share held. 

 

6.   To view the full wording of the resolutions, please refer to the 2021 Notice of Annual General Meeting on the Company's website.

In accordance with the UK Listing Authority's Listing Rule 9.6.2, copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism   

 

Contact:

Roger Clifton                                                              Company Secretary

Email:  Roger.Clifton@directlinegroup.co.uk

 

LEI: 213800FF2R23ALJQOP04

 



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