Result of AGM

RNS Number : 1786S

International Personal Finance Plc

13 May 2009

 



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proxies in favour of this resolution had been cast in respect of 89.85% of the shares voted, the resolution should be withdrawn as many of these votes had been cast before the impact of the Hungarian market situation became clear and before the recent decline in the company's share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: [phone]   

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                      

 

END

 

 

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