Last checked at 13 May 2009 12:25
INTERNATIONAL PERSONAL FINANCE plc
AGM Resolutions
13 May 2009
1. Result of AGM
At the company's annual general meeting held at the company's registered office at Number Three, Leeds City Office Park, Meadow Lane, Leeds, earlier today (13 May 2009) all resolutions proposed were passed on a show of hands. Copies of the relevant resolutions have been submitted to the UK Listing Authority's Document Viewing Facility which is situated at 25 The North Colonnade, Canary Wharf, London, E14 5HS.
2. Withdrawal of Resolution 9 (Approval of Deferred Bonus and Share Matching Plan)
The directors decided prior to the AGM that, although proxies in favour of this resolution had been cast in respect of 89.85% of the shares voted, the resolution should be withdrawn as many of these votes had been cast before the impact of the Hungarian market situation became clear and before the recent decline in the company's share price. In the circumstances, the directors decided that it would be appropriate to consult further with shareholders on the appropriate design of future share schemes.
A summary of the proxies cast in respect of each resolution is set out in the Appendix below.
Name of contact and telephone number for queries:
Rosamond J Marshall Smith
General Counsel & Company Secretary
Tel: 0113 285 6842
Appendix
ANNUAL GENERAL MEETING - 13 MAY 2009
Summary of proxy cards returned appointing the Chairman as proxy:
| IN FAVOUR | AT PROXY'S DISCRETION | AGAINST | WITHHELD | ||||||||||
| Number of shares | Number of holders | % voting shares | Number of shares | Number of holders | % voting shares | Number of shares | Number of holders | % voting shares | Number of shares | Number of holders | % total shares voted and withheld | ||
| RESOLUTION | |||||||||||||
| 1. | Report and accounts | 182,941,928 | 541 | 99.69 | 139,546 | 63 | 0.08 | 418,375 | 4 | 0.23 | 14,307 | 4 | 0.007 |
| 2. | Directors' remuneration report | 175,456,873 | 473 | 96.25 | 149,625 | 68 | 0.08 | 6,686,951 | 61 | 3.67 | 1,220,707 | 20 | 0.665 |
| 3. | Final dividend | 183,276,117 | 542 | 99.92 | 145,328 | 67 | 0.08 | 0 | 0 | 0 | 92,711 | 3 | 0.050 |
| 4. | Election of Craig Shannon | 179,400,964 | 517 | 97.78 | 145,919 | 66 | 0.08 | 3,922,494 | 19 | 2.14 | 44,779 | 14 | 0.024 |
| 5. | Re-election of Christopher Rodrigues | 175,758,598 | 507 | 96.87 | 142,419 | 65 | 0.08 | 5,531,514 | 32 | 3.05 | 2,081,625 | 21 | 1.134 |
| 6. | Re-election of Tony Hales | 182,892,635 | 518 | 99.73 | 145,919 | 66 | 0.08 | 350,928 | 20 | 0.19 | 124,674 | 12 | 0.067 |
| 7. | Reappointment of auditors | 179,807,599 | 531 | 99.08 | 141,546 | 64 | 0.08 | 1,517,397 | 12 | 0.84 | 2,047,614 | 13 | 1.115 |
| 8. | Remuneration of auditors | 182,490,882 | 528 | 99.45 | 148,840 | 70 | 0.08 | 867,229 | 8 | 0.47 | 7,205 | 6 | 0.004 |
| 9. | Approval of new Deferred Bonus and Share Matching Plan (Resolution withdrawn - see paragraph 2 above) | 157,976,947 | 443 | 89.85 | 159,747 | 73 | 0.09 | 17,682,587 | 79 | 10.06 | 7,694,875 | 35 | 4.193 |
| 10. | Power to allot shares for cash | 165,147,655 | 491 | 91.07 | 154,206 | 70 | 0.09 | 16,036,068 | 40 | 8.84 | 2,176,227 | 28 | 1.185 |
| 11. | Disapplication of pre-emption rights | 183,192,557 | 491 | 99.85 | 160,496 | 73 | 0.09 | 117,411 | 32 | 0.06 | 43,692 | 16 | 0.024 |
| 12. | Authority to purchase own shares | 183,283,225 | 517 | 99.88 | 153,411 | 71 | 0.08 | 69,186 | 17 | 0.04 | 8,334 | 6 | 0.005 |
| 13. | Convening general meetings on 14 days' notice | 182,010,438 | 517 | 99.23 | 148,307 | 70 | 0.08 | 1,260,141 | 25 | 0.69 | 95,270 | 5 | 0.052 |
Notes:
1. Percentage of voting shares is the percentage of shares voted and excludes shares on which votes were withheld.
2. Total number of shares voted = 183,514,156
3. Total number of valid proxies returned = 612
4. Total number of shares in issue = 257,217,888