23 May 2024
Quilter plc
Result of Annual General
Meeting 2024
Quilter plc (the "Company")
announces that at its Annual General Meeting ("AGM") held earlier
today, all the resolutions put to shareholders were passed by the
requisite majorities. Resolutions 1 to 15 were passed as ordinary
resolutions and resolutions 16 and 17 were passed as special
resolutions.
The Company notes that more than 20%
of the votes cast on resolution 15 ("To authorise political
donations by the Company and its subsidiaries") were against that
resolution.
The Company has actively engaged
with our shareholders on this issue since Listing in 2018 and
understand their concerns which reflect a difference in market
practice for many of our South African shareholders. The Company
will continue to engage with shareholders in accordance with the UK
Corporate Governance Code and will provide an update on these
discussions in due course.
The results of the poll are set out
below.
|
Resolution
|
Number of votes cast "For"
the resolution
|
% of votes cast "For"
the resolution
|
Number of votes cast
"Against" the resolution
|
% of votes cast
"Against" the resolution
|
Total number of votes
cast
|
% of issued share capital
voted
|
Number of votes
Withheld
|
1.
|
To receive the 2023 Report and
Accounts
|
1,070,505,053
|
100.00
|
11,416
|
0.00
|
1,070,516,469
|
76.24
|
2,765,673
|
2.
|
To approve the Remuneration Report
(excluding the Directors' Remuneration Policy)
|
1,042,122,729
|
97.13
|
30,842,412
|
2.87
|
1,072,965,141
|
76.42
|
317,021
|
3.
|
To declare a final
dividend
|
1,072,971,150
|
100.00
|
2,570
|
0.00
|
1,072,973,720
|
76.42
|
308,422
|
4.
|
To re-elect Neeta Atkar MBE as a
Director
|
1,064,021,974
|
99.17
|
8,926,893
|
0.83
|
1,072,948,867
|
76.42
|
331,777
|
5.
|
To re-elect Tim Breedon CBE as a
Director
|
1,063,919,943
|
99.16
|
9,034,396
|
0.84
|
1,072,954,339
|
76.42
|
326,305
|
6.
|
To re-elect Chris Hill as a
Director
|
1,072,905,907
|
100.00
|
48,433
|
0.00
|
1,072,954,340
|
76.42
|
326,304
|
7.
|
To re-elect Moira Kilcoyne as a
Director
|
1,072,934,326
|
100.00
|
18,065
|
0.00
|
1,072,952,391
|
76.42
|
328,253
|
8.
|
To re-elect Steven Levin as a
Director
|
1,072,938,704
|
100.00
|
15,399
|
0.00
|
1,072,954,103
|
76.42
|
326,541
|
9.
|
To re-elect Ruth Markland as a
Director
|
1,061,673,785
|
99.11
|
9,554,293
|
0.89
|
1,071,228,078
|
76.29
|
2,052,566
|
10.
|
To re-elect George Reid as a
Director
|
1,064,038,398
|
99.17
|
8,915,941
|
0.83
|
1,072,954,339
|
76.42
|
326,305
|
11.
|
To re-elect Chris Samuel as a
Director
|
1,072,909,619
|
100.00
|
40,046
|
0.00
|
1,072,949,665
|
76.42
|
330,979
|
12.
|
To re-elect Mark Satchel as a
Director
|
1,072,935,218
|
100.00
|
17,459
|
0.00
|
1,072,952,677
|
76.42
|
327,967
|
13.
|
To re-appoint
Pricewaterhouse-Coopers LLP as Auditor of the Company
|
1,071,204,195
|
99.84
|
1,744,742
|
0.16
|
1,072,948,937
|
76.42
|
331,707
|
14.
|
To authorise the Board Audit
Committee to determine the remuneration of the Auditor
|
1,069,856,726
|
99.71
|
3,108,783
|
0.29
|
1,072,965,509
|
76.42
|
315,135
|
15.
|
To authorise political donations or
expenditure by the Company and its subsidiaries
|
780,449,542
|
72.74
|
292,508,264
|
27.26
|
1,072,957,806
|
76.42
|
324,336
|
16.
|
To authorise the Company to purchase
its own shares*
|
1,070,926,970
|
99.83
|
1,847,435
|
0.17
|
1,072,774,405
|
76.40
|
507,737
|
17.
|
To authorise the Company to enter
into Contingent Purchase Contracts*
|
1,071,022,750
|
99.84
|
1,747,641
|
0.16
|
1,072,770,391
|
76.40
|
511,751
|
*Special resolution
Notes:
i. As
at 6:30pm on Tuesday 21 May 2024, the time by which
shareholders who wanted to vote at the AGM must have been entered
on the Company's register of members, the number of issued shares
in the Company was 1,404,105,498 ordinary shares. In accordance
with the Company's articles of association, on a poll every member
present in person or by proxy had one vote for every share
held.
ii. Votes withheld
are not votes in law and therefore have not been counted in the
calculation of the proportion of the votes for or against a
resolution.
iii. All percentages are
shown to two decimal places.
Pursuant to UK Listing Rule 9.6.2R,
copies of all resolutions, other than those concerning ordinary
business, passed at the AGM today will be submitted to and
available for inspection at the National Storage Mechanism and will
shortly be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The poll results will also be
available shortly on the Company's website at
plc.quilter.com/gm.
- ends
-
Enquiries:
|
|
Investor Relations:
John-Paul Crutchley
|
+44 (0)7741 385 251
|
Company Secretary:
Clare Barrett
|
+44 (0)207 002 7072
|
Camarco
Geoffrey
Pelham-Lane
|
+44 (0)20 3757 4985
|
About Quilter plc:
Quilter plc is a leading provider of
financial advice, investments and wealth management,
committed to being the UK's best wealth
manager for clients and their advisers.
Quilter oversees £111.6 billion in
customer investments (as at 31 March 2024).
It has an adviser and customer
offering spanning financial advice, investment
platforms, multi-asset investment solutions, and discretionary fund
management.
The business is comprised of two
segments: Affluent and
High Net Worth.
Affluent encompasses the
financial planning business, Quilter Financial Planning, the
Quilter Investment Platform and Quilter Investors, the
multi-asset investment solutions business.
High Net Worth includes the
discretionary fund management business, Quilter Cheviot, together
with Quilter Cheviot Financial Planning.