Date:
26th November 2020
On behalf
of:
London Finance & Investment Group PLC
London Finance
& Investment Group PLC
Results of Annual
General Meeting
London Finance & Investment Group PLC (LSE: LFI, JSE:
LNF) announces that at its 2020 Annual General Meeting (the
“Meeting”) held yesterday, all resolutions put to the Meeting were
passed by the required majority.
The resolutions were as set out in the Notice of Annual General
Meeting, as filed with the National Storage Mechanism
(www.morningstar.co.uk/uk/NSM) and are also available on the
Company's website,
www.city-group.com/london-finance-and-investment-group-plc
In light of the AGM having to be conducted as a closed meeting,
it was agreed all votes on the resolutions would be held by poll
vote so to include all the votes of proxies received.
The total number of the Company’s ordinary shares in
issue is 31,207,479. Proxy appointments were
received from shareholders of 14,449,789 ordinary shares (no
votes were withheld) amounting to 46.30% of the Company’s issued
ordinary share capital.
The proxy votes held by a poll vote at the meeting were as
follows:
| Resolution |
For |
Against |
Withheld |
|
Number |
% of votes
cast |
Number |
Number |
| 1 |
14,449,789 |
100 |
0 |
0 |
| 2 |
14,449,789 |
100 |
0 |
0 |
| 3 |
14,449,789 |
100 |
0 |
0 |
| 4 |
14,449,789 |
100 |
0 |
0 |
| 5 |
14,449,789 |
100 |
0 |
0 |
| 8 |
14,449,789 |
100 |
0 |
0 |
| 9 |
14,449,789 |
100 |
0 |
0 |
| 10 |
14,441,332 |
99.94 |
8.457 |
0 |
| 11* |
14,302,991 |
98.98 |
146,798 |
0 |
*Special Resolution
Resolutions 5 and 6, relating to the re-election of
the Independent Directors, were carried on a poll: In
accordance with Listing Rule 9.2.2 E(R), the re-election of each of
the Independent Directors was approved by:
-
the Company’s Shareholders and
-
the Company’s Independent Shareholders.
The results of the voting by the Company’s
Shareholders were as follows:
| Resolution |
For |
Against |
Withheld |
|
Number |
% of all
votes |
Number |
Number |
| 6 |
12,885,472 |
89.17 |
0 |
0 |
| 7 |
12,885,472 |
89.17 |
0 |
0 |
The results of the voting by the Company’s Independent
Shareholders were as follows:
| Resolution |
For |
Against |
Withheld |
|
Number |
% of all
votes |
Number |
Number |
| 6 |
1,564,317 |
10.83 |
0 |
0 |
| 7 |
1,564,317 |
10.83 |
0 |
0 |
In accordance with Listing Rule 9.6.2, copies of the resolutions
passed at the meeting that do not constitute ordinary business have
been submitted to the National Storage Mechanism and will be
available for inspection at (www.morningstar.co.uk/uk/NSM)
Notes:
(a) The votes "for" include those votes giving the
Chairman discretion.
(b) A vote “withheld" is not counted towards the
votes cast "for" or "against" a resolution.
The Directors of the Company accept responsibility for the
contents of this announcement.
LEI: 213800BV1J4DJE2SY849
London Finance & Investment Group
PLC:
020 7796 9060
(David Marshall/Edward Beale)
Johannesburg Sponsor:
Sasfin Capital (a division of Sasfin Bank Limited)
