Result of AGM
Summary by AI BETAClose X
1 May 2026
Pollen Street Group Limited
(the "Company")
Results of Annual General Meeting
Pollen Street Group Limited announces that at its Annual General Meeting ("AGM"), held in-person at 4pm, on Thursday, 30 April 2026, all resolutions set out in the Notice of Annual General Meeting were duly passed by the requisite majority of votes. All resolutions were voted on by way of a poll. A breakdown of the votes cast is set out below.
As previously announced on 30 January 2026, the Company confirms that following the AGM, Jim Coyle has retired from the Board with immediate effect. In addition, the appointment of Robert Ohrenstein (Independent Non-Executive Director) as chair of the Audit Committee, effective 1 May 2026, is confirmed. Furthermore, Richard Rowney (Independent Non-Executive Director) is appointed as Senior Independent Director, also effective from 1 May 2026. The Company further announces the appointment of Lynn Fordham as the designated Director of the Board with immediate effect.
|
Resolution |
VOTES |
% |
VOTES |
% |
VOTES |
% of ISC VOTED |
VOTES |
|
|
1 |
Annual Report and Accounts |
48,888,730 |
99.96% |
18,321 |
0.04% |
48,907,051 |
82.11% |
32,866 |
|
2 |
Directors' Remuneration Report |
42,684,331 |
87.27% |
6,228,099 |
12.73% |
48,912,430 |
82.12% |
27,487 |
|
3 |
Directors' Remuneration Policy |
42,206,409 |
86.25% |
6,730,389 |
13.75% |
48,936,798 |
82.16% |
3,119 |
|
4 |
Amendments to LTIP 2023 and DBP 2023 |
42,269,383 |
86.38% |
6,667,415 |
13.62% |
48,936,798 |
82.16% |
3,119 |
|
5 |
Re-Elect L McMurray |
48,911,594 |
99.95% |
26,013 |
0.05% |
48,937,607 |
82.17% |
2,310 |
|
6 |
Re-Elect G Cardenas |
45,761,533 |
93.51% |
3,176,074 |
6.49% |
48,937,607 |
82.17% |
2,310 |
|
7 |
Re-Elect J Lake |
45,263,554 |
92.49% |
3,674,051 |
7.51% |
48,937,605 |
82.17% |
2,310 |
|
8 |
Re-Elect R Rowney |
45,261,120 |
92.49% |
3,676,487 |
7.51% |
48,937,607 |
82.17% |
2,310 |
|
9 |
Elect L Fordham |
44,657,404 |
91.25% |
4,280,203 |
8.75% |
48,937,607 |
82.17% |
2,310 |
|
10 |
Elect J Gillies |
45,760,600 |
93.51% |
3,177,007 |
6.49% |
48,937,607 |
82.17% |
2,310 |
|
11 |
Elect R Ohrenstein |
45,761,193 |
93.51% |
3,176,414 |
6.49% |
48,937,607 |
82.17% |
2,310 |
|
12 |
Re-Appoint Auditors |
45,652,935 |
93.29% |
3,285,029 |
6.71% |
48,937,964 |
82.17% |
1,953 |
|
13 |
Auditors Remuneration |
48,918,025 |
99.96% |
19,630 |
0.04% |
48,937,655 |
82.17% |
2,262 |
|
14 |
Make Market Purchases |
45,132,075 |
92.22% |
3,805,889 |
7.78% |
48,937,964 |
82.17% |
1,953 |
|
15 |
Issue Ordinary Shares |
45,756,011 |
93.50% |
3,181,596 |
6.50% |
48,937,607 |
82.17% |
2,310 |
|
16 |
Disapply Pre-emption rights |
45,027,979 |
92.01% |
3,909,628 |
7.99% |
48,937,607 |
82.17% |
2,310 |
|
17 |
Disapply Pre-emption rights 2 |
44,932,212 |
91.82% |
4,005,395 |
8.18% |
48,937,607 |
82.17% |
2,310 |
|
18 |
Rule 9 waiver - market purchase |
22,472,592 |
85.20% |
3,903,494 |
14.80% |
26,376,086 |
44.29% |
22,363,831 |
|
19 |
Rule 9 waiver - Awards Grant |
22,439,086 |
85.07% |
3,937,000 |
14.93% |
26,376,086 |
44.29% |
22,363,831 |
|
NOTES: |
|
|
|
|
|
1. |
Votes "For" and "Against" any resolution are expressed as a percentage (rounded to two decimal places) of votes validly cast for that resolution.
|
|
2. |
A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
|
|
3. |
The number of shares in issue at close of business on 28 April 2026 was 59,559,741, and 4,649,856 Ordinary Shares were held in treasury. The total number of voting rights in the Company was therefore 59,559,741. Up to 82.17% of voting capital was instructed.
|
|
4. |
The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at https://ir.pollenstreetgroup.com/investors/regulatory-announcements/
|
|
5. |
In accordance with UK Listing Rules 6.4.2R and 6.4.3R, a copy of the resolutions passed has been submitted to the Financial Conduct Authority via the National Storage Mechanism, and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
|
|
6. |
These poll results (inclusive of proxy results lodged before the AGM) will be available shortly on the Company's website at https://ir.pollenstreetgroup.com/investors/regulatory-announcements/
|
|
7.
|
Each resolution to re-elect independent non-executive directors (resolutions 7, 8, 9, 10, 11) has per Listing Rule 6.2.8R been approved by a majority of the votes cast by: (i) the shareholders of the Company as a whole; and (ii) the independent shareholders of the Company, that is, all the shareholders entitled to vote on each resolution excluding the Concert Party.
|
|
8.
|
Per the Notice of AGM, the members of the Concert Party were not entitled to vote on the Authority for the Company to purchase its own shares or the Rule 9 Waiver Resolutions (resolutions 18 and 19).
|
|
9. |
Regarding the Board changes, the Company makes this announcement in accordance with LR 6.4.6 of the UK Listing Rules. There are no other matters to be disclosed under LR 6.4.6. or LR 6.4.8 |
About Pollen Street
Pollen Street is an alternative asset manager dedicated to investing within the financial and business services sectors across both Private Equity and Private Credit strategies. The business was founded in 2013 and has consistently delivered top tier returns alongside growing AuM.
Pollen Street benefits from a complementary set of asset management activities focused on managing third-party AuM (the "Asset Manager") together with on-balance sheet investments (the "Investment Company").
The Asset Manager raises capital from high quality investors and deploys it into its Private Equity and Private Credit strategies. The strong recurring revenues from this business enable delivery of scalable growth.
The Investment Company invests in the strategies of the group delivering attractive risk adjusted returns and accelerating growth in third-party AuM of the Asset Manager through investing in Pollen Street funds, taking advantage of attractive investment opportunities and aligning interest with our investors to grow AuM. Today the portfolio is largely invested in credit assets with the allocation to Private Equity expected to increase to 30 per cent in the long term. The portfolio consists of both direct investments and investments in funds managed by Pollen Street.
POLN is listed on the London Stock Exchange (ticker symbol: POLN) and is a member of the FTSE 250 index. Further details are available at www.pollenstreetgroup.com).
For further information about this announcement please contact:
Pollen Street Group Limited
Shweta Chugh: +44 (0)20 3728 6750
Barclays Bank plc - Joint Broker
Neal West: +44 (0)20 7623 2323
Investec - Joint Broker
Ben Griffiths / Kamalini Hull: +44 (0)20 7597 4000
MUFG Corporate Governance Limited - Company Secretary
FGS Global - Communications Advisor
|
|
|
LEI: 894500LP94M98N8CY487
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 52 minutes ago Croda International
- 1 hour ago Diageo
- 1 hour ago IMI
- 2 hours ago Softcat
- 5 hours ago Tertiary Minerals