Source - LSE Regulatory
RNS Number : 8183L
Chesnara PLC
17 May 2022
 

 

LEI Number: 213800VFRMBRTSZ3SJ06

 

17 May 2022

 

CHESNARA plc

("Chesnara" or "the Company")

 

 

RESULT OF THE CHESNARA PLC 2022 ANNUAL GENERAL MEETING

 

Chesnara plc announces that the resolutions proposed at its Annual General Meeting held on 17 May 2022 were passed by a show of hands. For information, the results of the AGM, which includes the total number of votes received for each resolution, are set out below. The Company's issued share capital on 17 May 2022 consisted of 150,157,451 ordinary 5p shares and the number of voting rights was also 150,157,451 ordinary 5p shares (as there were no treasury shares).

 

No.

Resolution

No. of votes 'for' & 'discretionary'

%

Votes 'against'*

%

Total No. of votes cast

Votes 'withheld'

1

To receive and adopt the report and accounts for the year ended 31 December 2021

95,706,161

99.99

9,059

0.01

95,715,220

45,837

2

To approve the Directors' Remuneration Report

93,267,407

97.43

2,459,491

2.57

95,726,898

34,159

3

To declare a final dividend of 14.72p per ordinary share

95,751,262

99.99

3,731

0.01

95,754,993

6,064

4

To elect Steve Murray as a director

95,716,530

99.99

6,459

0.01

95,722,989

38,068

5

To elect Carol Hagh as a director

95,706,467

99.98

16,522

0.02

95,722,989

38,068

6

To elect Karin Bergstein as a director

95,707,702

99.98

15,287

0.02

95,722,989

38,068

7

To re-elect David Rimmington as a director

95,705,170

99.98

17,819

0.02

95,722,989

38,068

8

To re-elect Jane Dale as a director

95,230,992

99.49

491,997

0.51

95,722,989

38,068

9

To re-elect Luke Savage as a director

92,371,126

96.50

3,351,863

3.50

95,722,989

38,068

10

To re-elect Mark Hesketh as a director

95,055,357

99.30

667,632

0.70

95,722,989

38,068

11

To re-elect Eamonn Flanagan as a director

94,676,826

98.91

1,046,163

1.09

95,722,989

38,068

12

To re-appoint Deloitte LLP as auditor

95,701,658

99.96

38,589

0.04

95,740,247

20,810

13

To authorise the directors to determine the auditor's remuneration

95,710,436

99.97

31,991

0.03

95,742,427

18,630

14

To provide limited authority to make political donations and to incur political expenditure

94,182,354

98.37

1,564,775

1.63

95,747,129

13,928

15

To implement and operate a Savings Related Share Option Scheme

95,289,000

99.52

462,992

0.48

95,751,992

9,065

16

To authorise the directors to allot equity securities up to a specified amount

93,080,336

97.21

2,672,553

2.79

95,752,889

8,168

17

Special resolution - to give the directors power to allot equity securities for cash without making an offer to shareholders (rights issue or open offer)

94,562,055

98.76

1,190,834

1.24

95,752,889

8,168

18.

Special resolution - to give the directors power to allot equity securities for cash without making an offer to shareholders (financing or refinancing an acquisition)

93,056,973

97.18

2,695,916

2.82

95,752,889

8,168

19.

Special resolution - to give the Company limited authority to purchase its own shares

95,707,674

99.96

38,963

0.04

95,746,637

14,420

20.

Special resolution - to allow the Company to call general meetings on not less than 14 clear working days' notice

95,094,585

99.31

659,881

0.69

95,754,466

6,591

*Votes 'withheld' have not been included in the calculation of whether the resolution is carried. Percentages have been rounded to two decimal places.

 

The full text of the resolutions can be found in the Notice of the Meeting set out in the Financial Statements for the year ended 31 December 2021, copies of which are available on the Company's website, www.chesnara.co.uk. In accordance with Listing Rule 9.6.3, full details of the resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

 

 

 

Investor Enquiries

Sam Perowne

Head of Strategic Development & Investor Relations

Chesnara plc

E - sam.perowne@chesnara.co.uk

 

Media Enquiries

Roddy Watt

Director, Capital Markets

FWD

T - 020 7280 0651 / 07714 770 493 

E - roddy.watt@fwdconsulting.co.uk

 

 

Notes to Editors

Chesnara is a European life and pensions consolidator listed on the London Stock Exchange.  It administers approximately one million policies and operates as Countrywide Assured and Sanlam Life & Pensions in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

 

Following a three pillar strategy, Chesnara's primary responsibility is the efficient administration of its customers' life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests. It also adds value by writing profitable new business in Sweden and the Netherlands and by undertaking value-adding acquisitions of either companies or portfolios.

 

Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 17 years in succession.

 

Further details are available on the Company's website (www.chesnara.co.uk).

 

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