RNS Number : 9026I
Secure Trust Bank PLC
15 May 2025
 

Secure Trust Bank PLC

15 May 2025

SECURE TRUST BANK PLC

 

Results of the 2025 Annual General Meeting

 

The Board is pleased to confirm all resolutions set out in the Notice of AGM 2025 were passed by shareholders at today's AGM. A summary of the poll results in respect of each resolution is set out below.

 

Resolution

Votes for

% of votes cast for

Votes against

% of votes cast against

Total votes cast - excludes withheld votes

Withheld

1.            

To receive and adopt the Report and Accounts 2024

9,362,172

99.99%

1,069

0.01%

9,363,241

545,465

2.            

To receive and approve the Directors' Remuneration Report

9,727,051

98.23%

175,288

1.77%

9,902,339

6,367

3.            

To declare a final dividend of 22.5 pence per ordinary share

9,780,911

99.99%

1,069

0.01%

9,781,980

126,726

4.            

To elect Julie Hopes as Director

9,873,664

99.96%

3,707

0.04%

9,877,371

31,335

5.            

To re-elect Jim Brown as Director

9,204,885

92.93%

700,146

7.07%

9,905,031

3,675

6.            

To re-elect David McCreadie as Director

9,901,545

99.96%

3,486

0.04%

9,905,031

3,675

7.            

To re-elect Rachel Lawrence as Director

9,901,324

99.96%

3,707

0.04%

9,905,031

3,675

8.            

To re-elect Ann Berresford as Director

9,754,179

98.48%

150,852

1.52%

9,905,031

3,675

9.            

To re-elect Victoria Mitchell as Director

9,754,179

98.48%

150,852

1.52%

9,905,031

3,675

10.          

To re-elect Paul Myers as Director

9,750,672

98.44%

154,359

1.56%

9,905,031

3,675

11.          

To re-elect Finlay Williamson as a director

9,750,208

98.48%

150,975

1.52%

9,901,183

7,523

12.          

To re-appoint Deloitte LLP as auditor

9,355,726

99.96%

3,549

0.04%

9,359,275

549,431

13.          

To authorise the Audit Committee to fix the remuneration of the auditor

9,894,415

99.90%

9,793

0.10%

9,904,208

4,498

14.          

THAT, the Directors are authorised to allot shares in the Company or grant rights to subscribe for or convert any security into shares in the Company

9,887,944

99.85%

14,586

0.15%

9,902,530

6,176

15.          

THAT, in addition to resolution 14, the Directors be authorised to allot shares and equity securities in relation to an issue of AT1 Securities

9,350,942

94.40%

554,279

5.60%

9,905,221

3,485

16.          

THAT, subject to resolution 14, the Directors be authorised to allot equity securities for cash

9,871,512

99.66%

33,709

0.34%

9,905,221

3,485

17.          

THAT, subject to resolution 14 and in addition to 16, the Directors be authorised to allot equity securities for cash in connection with a capital investment

9,830,437

99.28%

71,688

0.72%

9,902,125

6,581

18.          

THAT, subject to resolution 15, the Directors be authorised to disapply Statutory Pre-Emption Rights in relation to an issue of AT1 Securities

9,344,359

94.36%

558,157

5.64%

9,902,516

6,190

19.          

THAT the Company be authorised to make market purchases of ordinary shares of 40 pence each in the capital of the Company

9,897,700

99.89%

10,692

0.11%

9,908,392

314

20.          

THAT the directors be authorised to call a General Meeting on 14 days' notice

9,886,960

99.82%

18,289

0.18%

9,905,249

3,457

 

The issued share capital of the Company comprises 19,071,408 shares and total votes cast, including votes withheld, amounted to 51.96% of the issued share capital. Resolutions 16 - 20 were passed as special resolutions.

 

The Company has sent copies of the resolutions passed at the AGM, other than those concerning ordinary business, to the FCA's National Storage Mechanism and they will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

 

‐ENDS-

Enquiries:

Secure Trust Bank PLC

Lisa Daniels, Company Secretary

Tel: 0121 693 9100

 

About STB

STB is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. STB operates principally from its head office in Solihull, West Midlands, and has 904 employees (full‐time equivalent) as at 31 December 2024.  STB's diversified lending portfolio currently focuses on two sectors:

·          Business finance through its Real Estate Finance and Commercial Finance divisions; and

·          Consumer finance through its Vehicle Finance and Retail Finance divisions.

 

Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

 

Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.

 

 

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