Company Announcements

RNS Number : 9793K
Direct Line Insurance Group PLC
10 May 2022
 

2022 Annual General Meeting Poll Results for Direct Line Insurance Group Plc

10 May 2022

 

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 2021.

1,048,681,822

99.97%

 279,784

0.03

 1,048,961,606

79.38%

 1,611,100

2.

To approve the Directors' Remuneration Report.

 969,196,035

96.95%

 30,526,555

3.05

 999,722,590

75.65%

50,850,116

3.

To approve a final dividend of 15.1 pence per share.

1,046,571,825

99.63%

 3,900,932

0.37

 1,050,472,757

79.49%

 99,949

4.

To elect Tracy Corrigan as a Director of the Company.

1,048,403,495

99.88%

 1,222,950

0.12

 1,049,626,445

79.43%

 946,261

5.

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

1,029,149,488

98.05%

 20,466,689

1.95

 1,049,616,177

79.43%

 956,529

6.

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

1,045,749,372

99.63%

 3,884,581

0.37

 1,049,633,953

79.43%

 938,753

7.

To re-elect Penny James as a Director of the Company.

1,047,929,109

99.84%

 1,729,932

0.16

 1,049,659,041

79.43%

 913,665

8.

To re-elect Sebastian James as a Director of the Company.

1,035,178,878

98.62%

 14,455,377

1.38

 1,049,634,255

79.43%

 938,451

9.

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

1,048,313,354

99.88%

 1,310,094

0.12

 1,049,623,448

79.43%

 949,258

10.

To elect Neil Manser as a Director of the Company.

1,046,402,711

99.69%

 3,234,923

0.31

 1,049,637,634

79.43%

 935,072

11.

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

1,033,098,893

98.46%

 16,169,626

1.54

 1,049,268,519

79.40%

 1,303,387

12.

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

1,041,675,240

99.26%

 7,799,403

0.74

 1,049,474,643

79.42%

 1,097,263

13.

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

 984,362,752

98.53%

 14,639,691

1.47

 999,002,443

75.60%

51,569,463

14.

To re-appoint Deloitte LLP as the Company's Auditor until the next AGM.

1,015,164,334

96.65%

 35,203,139

3.35

 1,050,367,473

79.49%

 203,433

15.

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

1,041,465,069

99.15%

 8,930,427

0.85

 1,050,395,496

79.49%

 175,410

16.

To authorise the Company to make political donations/incur political expenditure.

1,040,210,800

99.03%

 10,235,329

0.97

 1,050,446,129

79.49%

 125,777

17.

To authorise the Directors to allot new shares.

 999,027,119

95.10%

 51,428,778

4.90

 1,050,455,897

79.49%

 116,009

18.

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

1,034,088,455

98.45%

 16,274,460

1.55

 1,050,362,915

79.49%

 208,991

19.

To grant the Directors additional authority to disapply pre-emption rights s in specific circumstances. *

 954,609,307

90.88%

 95,751,551

9.12

 1,050,360,858

79.49%

 211,048

20.

To authorise the Company to purchase its own shares. *

1,042,964,731

99.31%

 7,247,602

0.69

 1,050,212,333

79.48%

 359,573

21.

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

1,019,200,361

97.03%

 31,190,642

2.97

 1,050,391,003

79.49%

 180,903

22.

To authorise Directors to allot new shares in relation to an issue of Restricted Tier 1 Capital Instruments.

1,036,280,735

98.66%

 14,095,067

1.34

 1,050,375,802

79.49%

 196,104

23.

To authorise Directors to disapply pre-emption rights in relation to an issue of Restricted Tier 1 Capital Instruments. *

1,018,749,004

96.99%

 31,604,098

3.01

 1,050,353,102

79.49%

 218,804

 

 

 

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 6 May 2022 was 1,319,364,077. 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 2022 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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