Result of AGM

Direct Line Insurance Group PLC
08 May 2024
 

2024 Annual General Meeting Poll Results for Direct Line Insurance Group Plc

8 May 2024

Direct Line Insurance Group plc (the "Company") announces that all resolutions proposed to shareholders at its Annual General Meeting today were carried by the requisite majority on a poll. 

The following table shows the votes cast for each resolution:

Resolution

For

% of votes cast

Against

% of votes cast

Total votes

% of issued share capital voted

Votes withheld

1.

To receive the Report and Accounts of the Company for the year ended 31 December 2023.

1,015,966,859

99.99%

105,984

0.01%

1,016,072,843

77.48%

1,405,876

2.

To approve the Directors' Remuneration Report.

998,020,044

98.58%

14,387,945

1.42%

1,012,407,989

77.20%

5,070,730

3.

To approve a final dividend of 4.0 pence per share.

1,017,284,098

99.99%

117,644

0.01%

1,017,401,742

77.58%

76,977

4.

To elect David Neave as a Director of the Company.

1,004,071,325

98.76%

12,597,098

1.24%

1,016,668,423

77.53%

810,296

5.

To elect Adam Winslow as a Director of the Company.

1,004,184,591

98.77%

12,538,689

1.23%

1,016,723,280

77.53%

755,439

6.

To elect Carol Hagh as a Director of the Company.

1,004,060,331

98.76%

12,616,815

1.24%

1,016,677,146

77.53%

801,573

7.

To re-elect Tracy Corrigan as a Director of the Company.

977,203,407

96.12%

39,476,221

3.88%

1,016,679,628

77.53%

799,091

8.

To re-elect Danuta Gray as a Director of the Company.

839,904,721

88.11%

113,363,067

11.89%

953,267,788

72.69%

64,210,931

9.

To re-elect Mark Gregory as a Director of the Company.

993,137,030

97.68%

23,536,290

2.32%

1,016,673,320

77.53%

805,399

10.

To re-elect Adrian Joseph as a Director of the Company.

993,126,480

97.68%

23,535,753

2.32%

1,016,662,233

77.53%

816,486

11.

To re-elect Mark Lewis as a Director of the Company.

993,125,267

97.69%

23,531,562

2.31%

1,016,656,829

77.53%

821,890

12.

To re-elect Neil Manser as a Director of the Company.

1,003,797,752

98.74%

12,832,840

1.26%

1,016,630,592

77.52%

848,127

13.

To re-elect Fiona McBain as a Director of the Company.

993,154,957

97.69%

23,502,754

2.31%

1,016,657,711

77.53%

821,008

14.

To re-elect Gregor Stewart as a Director of the Company.

992,737,589

97.65%

23,926,014

2.35%

1,016,663,603

77.53%

815,116

15.

To re-elect Richard Ward as a Director of the Company.

992,946,263

97.67%

23,691,012

2.33%

1,016,637,275

77.52%

841,444

16.

To appoint KPMG LLP as the Company's Auditor until the next AGM.

999,314,892

98.23%

17,954,871

1.77%

1,017,269,763

77.57%

208,956

17.

To authorise the Audit Committee to agree the Auditor's remuneration.

1,016,805,144

99.96%

449,119

0.04%

1,017,254,263

77.57%

224,456

18.

To authorise the Company to make political donations and expenditure.

997,993,672

98.10%

19,293,771

1.90%

1,017,287,443

77.57%

190,753

19.

To authorise the Directors to allot new shares.

961,448,309

94.51%

55,823,902

5.49%

1,017,272,211

77.57%

205,214

20.

To grant the Directors general authority to disapply pre-emption rights.*

961,276,673

94.50%

55,911,380

5.50%

1,017,188,053

77.57%

290,666

21.

To grant the Directors additional authority to disapply pre-emption rights.*

951,988,553

93.59%

65,193,332

6.41%

1,017,181,885

77.57%

296,834

22.

To grant the Directors general authority to purchase own shares. *

1,012,976,891

99.59%

4,161,651

0.41%

1,017,138,542

77.56%

340,177

23.

To authorise the Company to call a general meeting, other than an Annual General Meeting, on 14 clear days' notice. *

996,875,811

97.99%

20,432,660

2.01%

1,017,308,471

77.57%

170,248

24.

To authorise the Directors to allot new shares in relation to an issue of RT1 Instruments.

996,360,935

97.95%

20,816,118

2.05%

1,017,177,053

77.56%

301,666

25.

To authorise Directors to disapply pre-emption rights in relation to an issue of RT1 Instruments. *

996,848,702

98.00%

20,319,492

2.00%

1,017,168,194

77.56%

310,525

 

 

NOTES:

1.   * indicates a Special Resolution requiring 75% of votes cast to be carried.

2.   Votes "For" and "Against" are expressed as a percentage of votes cast.

3.   Votes "For" include discretionary votes.

4.   A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

5.   The total number of ordinary shares in issue on 3 May 2024 was 1,311,388,157. Shareholders are entitled to one vote per share. Ordinary shareholders are entitled to one vote per share held. 

 

6.   To view the full wording of the resolutions, please refer to the 2024 Notice of Annual General Meeting on the Company's website.

In accordance with the UK Listing Authority's Listing Rule 9.6.2, copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism   

 

Contact:

Roger Clifton                                                              Company Secretary

Email:  Roger.Clifton@directlinegroup.co.uk

 

LEI: 213800FF2R23ALJQOP04

 



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