TIDMPAG
RNS Number : 0243Q
Paragon Banking Group PLC
14 February 2019
Paragon Banking Group PLC:
Result of Annual General Meeting
The Annual General Meeting ("AGM") of Paragon Banking Group PLC
(the "Company") was held today at 9.00am at the offices of
Jefferies International Limited, Vintners Place, 68 Upper Thames
Street, London, EC4V 3BJ.
All resolutions were passed on a poll and the polling results
for each resolution are set out below:
Resolutions Votes % of Votes Against % of Votes % of Votes
For Votes Votes Total ISC Voted Withheld
Cast Cast
For Against
1. To receive
and consider
the Company's
Annual Report
and Accounts
for the year
ended 30
September
2018, the
Strategic
Report and
the Reports
of the Directors
and the Auditors. 204,257,955 99.99 25,364 0.01 204,283,319 78.29 136,832
------------ ------- -------------- --------- ------------ ----------- -----------
2. To consider
and approve
the Directors'
Remuneration
Report for
the year
ended 30
September
2018. 170,875,932 86.36 26,986,282 13.64 197,862,214 75.83 6,557,937
------------ ------- -------------- --------- ------------ ----------- -----------
3. To declare
a final dividend
of 13.9p
per ordinary
share. 204,419,111 100.00 0 0.00 204,419,111 78.34 1,040
------------ ------- -------------- --------- ------------ ----------- -----------
4. To reappoint
as a director
of the Company
Fiona Clutterbuck. 196,471,808 99.17 1,638,627 0.83 198,110,435 75.92 6,309,716
------------ ------- -------------- --------- ------------ ----------- -----------
5. To reappoint
as a director
of the Company
Nigel Terrington. 203,356,976 99.48 1,062,860 0.52 204,419,836 78.34 315
------------ ------- -------------- --------- ------------ ----------- -----------
6. To reappoint
as a director
of the Company
Richard Woodman. 202,795,416 99.21 1,622,794 0.79 204,418,210 78.34 1,941
------------ ------- -------------- --------- ------------ ----------- -----------
7. To reappoint
as a director
of the Company
John Heron. 202,762,561 99.19 1,657,275 0.81 204,419,836 78.34 315
------------ ------- -------------- --------- ------------ ----------- -----------
8. To reappoint
as a director
of the Company
Peter Hartill. 203,501,845 99.56 906,628 0.44 204,408,473 78.34 11,678
------------ ------- -------------- --------- ------------ ----------- -----------
9. To reappoint
as a director
of the Company
Hugo Tudor. 202,302,456 99.43 1,165,326 0.57 203,467,782 77.98 952,369
------------ ------- -------------- --------- ------------ ----------- -----------
10. To reappoint
as a director
of the Company
Barbara Ridpath. 203,437,544 99.52 982,407 0.48 204,419,951 78.34 200
------------ ------- -------------- --------- ------------ ----------- -----------
11. To reappoint
as a director
of the Company
Finlay Williamson. 203,734,854 99.67 684,057 0.33 204,418,911 78.34 1,240
------------ ------- -------------- --------- ------------ ----------- -----------
12. To reappoint
as a director
of the Company
Graeme Yorston. 203,735,894 99.67 684,057 0.33 204,419,951 78.34 200
------------ ------- -------------- --------- ------------ ----------- -----------
13. To reappoint
KPMG LLP
as auditors
of the Company. 204,417,292 100.00 446 0.00 204,417,738 78.34 2,413
------------ ------- -------------- --------- ------------ ----------- -----------
14. To authorise
the directors
to fix the
remuneration
of the auditors. 204,418,458 100.00 200 0.00 204,418,658 78.34 1,493
------------ ------- -------------- --------- ------------ ----------- -----------
15. THAT
the Board
is generally
and unconditionally
authorised
to allot
shares in
the Company. 204,382,850 99.99 14,255 0.01 204,397,105 78.33 23,046
------------ ------- -------------- --------- ------------ ----------- -----------
16. THAT,
the Board
be authorised
to disapply
pre-emption
rights on
up to five
percent of
the issued
share capital
(excluding
treasury
shares). 204,379,372 99.98 38,813 0.02 204,418,185 78.34 1,966
------------ ------- -------------- --------- ------------ ----------- -----------
17. THAT,
the Board
be authorised
to disapply
pre-emption
rights on
an additional
five percent
of the issued
share capital
(excluding
treasury
shares). 185,350,142 90.67 19,068,040 9.33 204,418,182 78.34 1,969
------------ ------- -------------- --------- ------------ ----------- -----------
18. THAT
the Company
be authorised
to make market
purchases. 203,354,532 99.85 310,755 0.15 203,665,287 78.05 754,864
------------ ------- -------------- --------- ------------ ----------- -----------
19. THAT,
the Board
be authorised
to allot
shares and
grant rights
to subscribe
for or to
convert any
security
into shares
in connection
with the
issue of
Additional
Tier 1 Securities. 204,108,096 99.85 310,453 0.15 204,418,549 78.34 1,602
------------ ------- -------------- --------- ------------ ----------- -----------
20. THAT,
the Board
be authorised
to disapply
pre-emption
rights in
relation
to the issue
of Additional
Tier 1 Securities. 204,061,412 99.84 334,396 0.16 204,395,808 78.33 24,343
------------ ------- -------------- --------- ------------ ----------- -----------
21. THAT,
the rules
of the Paragon
Sharesave
Plan 2019
and the principal
terms be
approved. 203,864,125 99.73 552,750 0.27 204,416,875 78.34 3,276
------------ ------- -------------- --------- ------------ ----------- -----------
22. THAT
a general
meeting other
than an annual
general meeting
may be called
on not less
than 14 clear
days' notice. 199,049,988 97.37 5,368,310 2.63 204,418,298 78.34 1,853
------------ ------- -------------- --------- ------------ ----------- -----------
Notes:
(a) The votes "For" include those votes giving the Chairman discretion.
(b) A vote "Withheld" is not counted towards the votes cast "For" or "Against" a resolution.
(c) For resolutions 13 and 14 as the results are reported to two
decimal places the percentage of votes "For" is shown as 100.00%
and "Against" as 0.00% as there were insufficient votes lodged
"Against" to register.
(d) The issued share capital figure used to calculate the
percentage voted is 260,930,767. This is the figure as at 12
February 2019 and excludes the number of ordinary shares held in
treasury on the Register of Members as at that date.
(e) Resolutions 1 to 15 (inclusive) and Resolutions 19 and 21
were ordinary resolutions. Resolutions 16, 17, 18, 20 and 22 were
special resolutions.
The full text of all of the resolutions can be found in the
Notice of Annual General Meeting which is available for viewing at
the National Storage Mechanism at www.morningstar.co.uk/uk/NSM and
at the Company's website, www.paragonbankinggroup.co.uk.
In accordance with paragraph 9.6.2 of the Listing Rules, a copy
of the resolutions passed at the meeting concerning special
business (being resolutions numbered 15 - 22) will shortly be
available for inspection at the National Storage Mechanism at
www.morningstar.co.uk/uk/NSM.
Enquiries:
Pandora Sharp, Company Secretary
0121 712 2075
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END
RAGCKQDPCBKKABD
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