TIDMCSN
RNS Number : 0174Z
Chesnara PLC
18 May 2021
CHESNARA plc
("Chesnara" or "the Company")
18 May 2021
LEI Number: 213800VFRMBRTSZ3SJ06
RESULT OF THE CHESNARA PLC 2021 ANNUAL GENERAL MEETING
Chesnara plc announces that the resolutions proposed at its
Annual General Meeting held on 18 May 2021 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 18 May 2021 consisted
of 150,077,806 ordinary 5p shares and the number of voting rights
was also 150,077,806 ordinary 5p shares (as there were no treasury
shares).
No. Resolution No. of votes % Votes % Total No. Votes
'for' & 'discretionary' 'against'* of votes 'withheld'
cast
To receive and adopt the
report and accounts for
the year ended 31 December
1 2020 88,753,315 99.96 34,790 0.04 88,788,105 100,825
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
2 To approve the Directors' 86,686,919 97.54 2,186,365 2.46 88,873,284 15,646
Remuneration Report
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
3 To declare a final dividend 88,883,738 99.99 5,156 0.01 88,888,894 36
of 14.29p per ordinary
share
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
To re-elect Mr Deane as a
4 director 88,804,353 99.95 43,503 0.05 88,847,856 41,074
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
To re-elect Mr Rimmington as
5 a director 88,800,776 99.95 47,080 0.05 88,847,856 41,074
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
To re-elect Ms Dale as a
6 director 88,774,931 99.92 73,026 0.08 88,847,957 40,973
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
To re-elect Mr Savage as a
7 director 88,768,993 99.91 78,863 0.09 88,847,856 41,074
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
To re-elect Mrs Oak as a
8 director 87,748,778 98.76 1,099,179 1.24 88,847,957 40,973
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
To re-elect Mr Hesketh as a
9 director 88,768,712 99.91 78,344 0.09 88,847,056 41,874
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
10 To elect Mr Eamonn Flanagan 88,803,846 99.95 47,080 0.05 88,850,926 38,004
as a director
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
To re-appoint Deloitte LLP
11 as auditor 88,804,173 99.91 76,238 0.09 88,880,411 8,519
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
12 To authorise the directors 88,868,017 99.99 12,603 0.01 88,880,620 8,310
to determine the auditor's
remuneration
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
13 To provide limited authority 87,310,678 98.24 1,568,251 1.76 88,878,929 10,001
to make political donations
and to incur political
expenditure
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
14 To authorise the directors 87,423,438 98.35 1,462,484 1.65 88,885,922 3,008
to allot securities up
to a specified amount
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
15 Special resolution - to give 87,409,220 98.34 1,478,405 1.66 88,887,625 1,305
the directors power
to allot securities for cash
without making an offer
to shareholders (rights
issue or open offer)
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
16 Special resolution - to give 86,200,256 96.98 2,687,369 3.02 88,887,625 1,305
the directors power
to allot securities for cash
without making an offer
to shareholders (financing
or refinancing an
acquisition)
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
17 Special resolution - to give 88,821,433 99.95 46,671 0.05 88,868,104 20,826
the Company limited
authority to purchase its
own shares
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
18. Special resolution - to 88,551,698 99.63 333,251 0.37 88,884,949 3,981
allow the Company to call
general meetings on not less
than 14 clear working
days' notice
----------------------------- ------------------------- ------ ------------ ----- ----------- ------------
*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 2020, 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 .
For further information, please contact:
Roddy Watt
Director, Capital Markets
FWD
Forward thinking communications
T - 020 7280 0651
E - roddy.watt@fwdconsulting.co.uk
Notes to Editors
Chesnara is a life and pensions company listed on the London
Stock Exchange. It administers over one million policies and
operates as Countrywide Assured 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 16 years in succession.
Further details are available on the Company's website (
www.chesnara.co.uk ).
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