Last checked at 17 May 2022 14:24
17 May 2022
Fintel plc
(the "Company" or "Fintel")
Result of 2022 Annual General Meeting
Fintel plc (AIM: FNTL) announces that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Company's AGM, held earlier today.
Details of the proxy votes received by the Company are as follows:
| For | Against | Total Votes | Withheld | |||
| No. of votes | % | No. of votes | % | No. of votes | % | No. of votes |
1. To receive the Annual Report and Accounts | 63,516,191 | 75.11% | 21,046,230 | 24.89% | 84,563,558 | 100 | 1,137 |
2. To declare final dividend of 2 pence per ordinary share | 84,562,421 | 100.00% | 0 | 0.00% | 84,563,558 | 100 | 1,137 |
3. To re-elect Ken Davy | 54,710,620 | 93.64% | 3,714,027 | 6.36% | 84,563,558 | 100 | 26,138,911 |
4. To re-elect Neil Stevens | 81,080,133 | 100.00% | 100 | 0.00% | 84,563,558 | 100 | 3,483,325 |
5. To re-elect Matt Timmins | 81,080,133 | 100.00% | 100 | 0.00% | 84,563,558 | 100 | 3,483,325 |
6. To re-elect Tim Clarke | 84,290,065 | 99.68% | 272,356 | 0.32% | 84,563,558 | 100 | 1,137 |
7. To re-elect David Thompson | 84,562,321 | 100.00% | 100 | 0.00% | 84,563,558 | 100 | 1,137 |
8. To re-elect Imogen Joss | 70,218,351 | 83.07% | 14,308,070 | 16.93% | 84,563,558 | 100 | 37,137 |
9. To appoint EY as auditor | 84,560,142 | 100.00% | 2,279 | 0.00% | 84,563,558 | 100 | 1,137 |
10. To authorise Directors to determine auditor's remuneration | 84,560,480 | 100.00% | 0 | 0.00% | 84,563,558 | 100 | 3,078 |
11. To authorise the Company to make political donations and incur political expenditure | 63,296,114 | 75.21% | 20,860,866 | 24.79% | 84,563,558 | 100 | 406,578 |
12. To authorise the Directors to allot relevant securities | 74,136,401 | 87.67% | 10,424,079 | 12.33% | 84,563,558 | 100 | 3,078 |
13. To authorise the directors to allot equity securities for cash without making a pre- emptive offer to shareholders* | 74,130,022 | 87.67% | 10,430,458 | 12.33% | 84,563,558 | 100 | 3,078 |
14. To authorise the directors to allot equity securities for cash in relation to an acquisition or other capital investment* | 74,130,022 | 87.67% | 10,430,458 | 12.33% | 84,563,558 | 100 | 3,078 |
15. To authorise the directors to allot equity securities for cash in relation to the Member Share Option Plan* | 74,132,301 | 87.67% | 10,428,179 | 12.33% | 84,563,558 | 100 | 3,078 |
16. To authorise the Company to make market purchases of its ordinary shares* | 84,160,480 | 100.00% | 0 | 0.00% | 84,563,558 | 100 | 403,078 |
17. To allow general meetings (other than AGMs) to be called on 14 clear days' notice* | 82,718,178 | 99.98% | 19,243 | 0.02% | 84,563,558 | 100 | 1,826,137 |
*Special resolution
Notes:
1. Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
2. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against".
4. The number of shares in issue on 17 May 2022 was 102,970,339 with no shares in treasury.
5. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.wearefintel.com.
The Board of notes that more than 20% of votes were cast against resolution 1 and resolution 11. The Board takes these votes very seriously and will engage with shareholders and shareholder advisory bodies as appropriate to ensure their feedback informs the Company's future approach to these matters.
For further information please contact:
Fintel plc via Instinctif Partners
Matt Timmins (Joint Chief Executive Officer)
Neil Stevens (Joint Chief Executive Officer)
David Thompson (Chief Financial Officer)
Zeus (Nominated Adviser and Joint Broker) +44 (0) 20 3829 5000
Martin Green
Dan Bate
Investec Bank (Joint Broker) +44 (0) 20 7597 5970
Bruce Garrow
David Anderson
Harry Hargreaves
Instinctif Partners (Financial PR) +44 (0) 20 7866 7887
Mark Walter fintel@instinctif.com
Tim Linacre