18 September 2023
LendInvest plc
("LendInvest" or the "Company")
Results of Annual General Meeting held on 18 September 2023
LendInvest plc (AIM: LINV), the UK's leading platform for mortgages, announces that, at its Annual General Meeting held earlier today, all of the resolutions as set out in the Notice of Annual General Meeting were approved by way of a show of hands.
As at 15 September 2023, the number of issued ordinary £0.0005 shares of the Company was 139,698,638. This represents the total number of shares entitling the holders to attend and vote for or against all resolutions. 100,015,044 proxy votes were received representing 71.59% of the issued share capital of LendInvest.
Details of the proxy votes received before the meeting on each resolution by Equiniti, LendInvest's Registrar, are set out below. Full text of all of the resolutions is set out in the Notice of Annual General Meeting, a copy of which is available on the Company's website.
|
| Resolutions | Total votes | ||
| For (%) | Against (%) | Vote Withheld1 | ||
| 1. | Ordinary resolution to receive the audited accounts for the financial year ended 31 March 2023, together with the directors' report and independent auditor's report on those accounts.
| 100,000,203 100.00% |
0 0.00%
| 14,841
|
| 2. | Ordinary resolution to approve the Directors' remuneration report for the financial year ended 31 March 2023. |
100,000,203 99.99%
| 14,841 0.01% | 0 |
| 3. | Ordinary resolution to declare a final dividend of 3.2 pence per ordinary share in the capital of the Company ("Share") for the financial year ended 31 March 2023.
| 100,015,044 100.00% | 0 0.00% | 0 |
| 4. | Ordinary resolution to re-appoint BDO LLP as auditor of the Company, from the end of this annual general meeting until the end of the next general meeting of the Company at which accounts are laid.
| 100,000,203 100.00% |
0 0.00%
| 14,841
|
| 5. | Ordinary resolution to authorise the Audit and Risk Committee of the Company (for and on behalf of the Board) to determine the auditors' remuneration.
| 100,000,203 100.00% |
0 0.00%
| 14,841
|
| 6. | Ordinary resolution to authorise the Company and any company which is, or becomes, a subsidiary of the Company to make political donations and incur political expenditure not exceeding £50,000. |
99,989,837 99.97%
|
25,207 0.03%
| 0 |
| 7. | Ordinary Resolution to authorise the directors to allot securities up to an aggregate nominal value of £46,543.68.
| 99,996,073 99.98%
| 18,971 0.02%
| 0 |
| 8. | Special resolution to give the directors power to allot securities for cash without making an offer to shareholders, generally, up to an aggregate nominal value of £6,981.52.
| 99,982,619 99.97%
| 32,425 0.03%
|
0 |
| 9. | Special resolution to give the directors power to allot securities for cash without making an offer to shareholders, in order to finance acquisitions, up to an aggregate nominal value of £6,981.52.
| 99,997,460 99.98%
| 17,584 0.02%
| 0 |
| 10. | Special resolution to give the Company limited authority to purchase up to 13,963,104.60 of its own shares.
| 100,015,044 100.0%
| 0 0.0%
| 0 |
1 A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
Enquiries:
LendInvest via Teneo +44 (0)20 7353 4200
Rod Lockhart, Chief Executive Officer
David Broadbent, Chief Financial Officer
Leigh Rimmer, Head of External Communications
investorrelations@lendinvest.com
Panmure Gordon (NOMAD and Joint Broker) +44 (0)20 7886 2500
Atholl Tweedie
Stephen Jones
Tom Scrivens
David Watkins
finnCap Limited (Joint Broker) +44 (0)20 7220 0500
Jonny Franklin-Adams
Tim Redfern
Alice Lane
Teneo (Financial PR) +44 (0)20 7353 4200
Tom Murray
Haya Herbert-Burns
Olivia Lucas
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