Redde Northgate Plc - Result of AGM

Redde Northgate Plc - Result of AGM

PR Newswire

London, October 28

Redde Northgate plc

Proxy voting results for the AGM held on 28 October 2020

At the Annual General Meeting of Redde Northgate plc (the "Group") held at 10.30am on 28 October 2020 the total number of votes received on each resolution were as follows:
Resolutions		Votes For	% of Votes	Votes Against	% of Votes	Total Votes	Votes cast as % of Issued Share Capital	Votes Withheld
1	To receive the Directors' Report and audited accounts of the Company for the year ended 30 April 2020 (Annual Report and Accounts)	194,580,684	99.99	28,289	0.01	195,313,257	79.37	704,284
2	To declare a final dividend of 6.8 pence per ordinary share payable to the shareholders on the register (see notice)	195,313,146	100.00	112	0	195,313,258	79.37	0
3*	To approve the Directors' Remuneration Report in the form set out on pages 56-77 of the Annual Report and Accounts (see notice)	105,064,074	53.83	90,097,583	46.17	195,185,948	79.31	24,291
4*	To approve the Directors' Remuneration Policy in the form set out on pages 59-67 of the Directors' Remuneration Report (see notice)	115,101,869	58.98	80,054,014	41.02	195,185,948	79.31	30,065
5	To appoint PricewaterhouseCoopers LLP as auditor of the Company to hold office until the conclusion of the next Annual General Meeting	194,248,546	99.47	1,043,127	0.53	195,313,257	79.37	21,584
6	To authorise the Audit and Risk Committee, for and on behalf of the Board, to determine the remuneration of the auditor	194,779,422	99.74	511,081	0.26	195,313,257	79.37	22,754
7	To re-elect Avril Palmer-Baunack as a director	194,179,359	99.43	1,107,832	0.57	195,313,257	79.37	26,066
8	To re-elect Mark Butcher as a director	194,611,968	99.66	673,724	0.34	195,313,258	79.37	27,566
9	To re-elect John Pattullo as a director	184,665,777	94.56	10,619,915	5.44	195,313,258	79.37	27,566
10	To re-elect Philip Vincent as a director	193,992,631	99.34	1,293,061	0.66	195,313,258	79.37	27,566
11	To elect Martin Ward as a director	194,908,821	99.81	377,880	0.19	195,313,258	79.37	27,557
12	To elect John Davies as a director	190,985,521	97.80	4,297,003	2.20	195,313,258	79.37	30,734
13	To elect Mark McCafferty as a director	195,013,864	99.87	259,160	0.13	195,313,258	79.37	40,234
14	That the Board be authorised to allot shares in the Company up to an aggregate nominal amount of 40,974,221 GBP (see notice)	194,067,395	99.38	1,210,475	0.62	195,313,258	79.37	35,388
15	That subject to the passing of Resolution 14, the Board be authorised to allot equity securities for cash (see notice)	195,110,704	99.98	31,570	0.02	195,185,949	79.31	43,675
16	That subject to the passing of Resolution 14, the Board be authorised to allot equity securities for cash and/or sell ordinary shares (see notice)	194,689,847	99.70	586,468	0.30	195,313,257	79.37	36,942
17	That a general meeting, other than an Annual General Meeting, may be called on not less than 14 clear days' notice	192,752,155	98.70	2,532,484	1.30	195,313,258	79.37	28,619
18	That the Company be authorised to make market purchases of ordinary shares of 50p each (see notice)	194,580,033	99.71	556,903	0.29	195,313,257	79.37	176,321
19	That the all employee Share Save Scheme be approved (see notice)	195,143,555	99.99	18,756	0.01	195,185,949	79.31	23,638

Notes:

1. Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.

2. The Group's issued capital (excluding treasury shares) at the date of the meeting was 246,091,423 ordinary shares of 50p each and 1,000,000 preference shares of 50 pence each which do not carry voting rights on the above resolutions. Each ordinary share carried the right to one vote and, therefore, at the date of the meeting there were 246,091,423 voting rights in the Group.

3. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.

* The company notes the results in respect these resolutions and will consult with shareholders to understand the specific issues and address any outstanding matters.

For further information, please contact:

Redde Northgate plc

Nicholas Tilley, Company Secretary 44 (0)3445 170095