AGM Statement

RNS Number : 1996P

Sabre Insurance Group PLC

24 May 2018

 

Sabre Insurance Group plc (the 'Company')

Announcement of the Results of Annual General Meeting 2018

The Annual General Meeting of Sabre Insurance Group plc was held on the 24 May 2018. All resolutions set out in the notice of Annual General Meeting were passed by the requisite majority by way of a poll.

The table below shows the results of the poll on all 18 resolutions. Each shareholder present in person, or by proxy, was entitled to one vote per share held.

	Resolution	For	% votes cast For	Against	% votes cast Against	Total votes cast (excluding votes withheld)	% of issued  share capital voted	Withheld
1.	Receive and adopt the 2017 financial statements, Directors' Report and Independent Auditor's Report.	151,882,893	100.00	0	0.00	151,882,893	60.75	127,261
2.	Approve the Directors' Remuneration Policy	150,130,716	99.20	1,214,214	0.80	151,344,930	60.54	665,223
3.	Approve the Directors' Remuneration Report	150,021,694	99.96	58,822	0.04	150,080,516	60.03	1,929,636
4.	Elect Patrick Snowball as a Director	151,650,167	99.76	361,309	0.24	152,011,476	60.80	0
5.	Elect Geoff Carter as a Director	151,684,820	99.79	326,657	0.21	152,011,477	60.80	0
6.	Elect Adam Westwood as a Director	150,484,583	99.00	1,526,893	1.00	152,011,476	60.80	0
7.	Elect Catherine Barton as a Director	150,726,170	99.16	1,281,337	0.84	152,007,507	60.80	2,646
8.	Elect Rebecca Shelley as a Director	150,771,155	99.19	1,236,352	0.81	152,007,507	60.80	3,969
9.	Elect Ian Clark as a Director	150,770,155	99.19	1,237,352	0.81	152,007,507	60.80	3,969
10.	Elect Andy Pomfret as a Director	151,384,169	99.98	24,138	0.02	151,408,307	60.56	601,847
11.	Elect Matthew Tooth as a Director	145,601,844	96.14	5,849,940	3.86	151,451,784	60.58	558,369
12.	Appoint Ernst & Young LLP as auditor of the Company	149,020,250	98.03	2,991,226	1.97	152,011,476	60.80	0
13.	Authority to fix auditor's remuneration	150,557,476	99.04	1,452,678	0.96	152,010,154	60.80	0
14.	Authority to make political donations	146,818,959	97.35	3,989,634	2.65	150,808,593	60.32	1,201,559
15.	Authority to allot shares	149,745,792	98.51	2,264,362	1.49	152,010,154	60.80	0
16.	Disapplication of pre-emption rights (general authority)	151,822,831	99.88	187,323	0.12	152,010,154	60.80	0
17.	Disapplication of pre-emption rights (specific capital investment)	147,011,152	96.71	4,997,678	3.29	152,008,830	60.80	0
18.	Authority to call a general meeting (other than AGMs) on 14 clear days' notice	145,937,745	96.01	6,072,409	3.99	152,010,154	60.80	0

NOTES:

1.     The 'For' vote includes proxy appointments which gave the Chairman discretion on how to vote.

2.     A vote 'Withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution nor in the calculation of the percentage of the issued share capital voted for any resolution.

3.     Resolutions 16 to 18 were Special Resolutions requiring a 75% majority.

4.     As at 6.30 pm on 22 May 2018 the total number of ordinary shares in issue, and therefore total number of voting rights was 250,000,000. The Company did not hold any shares in treasury at that time.

5.     As per Listing Rule 9.6.2 a copy of the full text of the resolutions passed at the Annual General Meeting (including resolutions concerning special business) will shortly be submitted to the National Storage Mechanism for inspection at www.morningstar.co.uk/uk/NSM 

A copy is also available on the Sabre website - www.sabreplc.co.uk/investors

Anneka Kingan

Company Secretary

Sabre Insurance Group plc

 

END

 

 

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