Result of AGM

Source: RNS
RNS Number : 3314Z
Lloyds Banking Group PLC
20 May 2021
 

20 May 2021

ANNUAL GENERAL MEETING OF LLOYDS BANKING GROUP PLC

Following the annual general meeting held today, Lloyds Banking Group plc (the "Company") announces that all resolutions put to shareholders at the meeting were passed by the requisite majorities.  Resolutions 1 to 18 (inclusive) were passed as ordinary resolutions.  Resolutions 19 to 25 (inclusive) were passed as special resolutions. A poll was held on each of the resolutions proposed. The results of the polls are as follows:

Resolution

Votes

For

% of Votes Cast

Votes

Against

% of

Votes

Cast

Total Votes

Validly Cast

Total Votes Cast

as a %

of the Ordinary Shares in Issue

Votes

Withheld

1.    

Receive the report and accounts for the year ended 31 December 2020

44,459,491,186

99.97

13,380,648

0.03

44,472,871,834

62.67%

139,644,380

2.    

Election of Mr R F Budenberg

44,478,132,951

99.76

106,941,585

0.24

44,585,074,536

62.83%

26,991,420

3.    

Re-election of Mr W L D Chalmers

44,229,838,509

99.20

356,908,518

0.80

44,586,747,027

62.83%

25,485,007

4.    

Re-election of Mr A P Dickinson

43,967,408,797

98.61

619,057,091

1.39

44,586,465,888

62.83%

25,647,861

5.    

Re-election of Ms S C Legg

44,522,813,778

99.85

64,810,256

0.15

44,587,624,034

62.83%

24,531,766

6.    

Re-election of Lord Lupton

44,504,245,627

99.82

82,332,474

0.18

44,586,578,101

62.83%

25,610,780

7.    

Re-election of Ms A F Mackenzie

44,267,836,449

99.28

318,914,241

0.72

44,586,750,690

62.83%

25,442,344

8.    

Re-election of Mr N E T Prettejohn

44,199,843,837

99.13

385,671,952

0.87

44,585,515,789

62.83%

26,534,892

9.    

Re-election of Mr S W Sinclair

43,857,837,182

98.36

729,147,890

1.64

44,586,985,072

62.83%

25,101,705

10. 

Re-election of Ms C M Woods

44,510,947,054

99.83

76,149,050

0.17

44,587,096,104

62.83%

24,986,878

11. 

Approval of the directors' remuneration report

42,067,693,447

94.35

2,518,380,522

5.65

44,586,073,969

62.83%

26,389,074

12. 

Approval of a final ordinary dividend of    0.57 pence per ordinary share

44,515,083,907

99.81

85,808,245

0.19

44,600,892,152

62.85%

12,582,178

13. 

Appointment of the auditor

44,556,909,017

99.92

35,216,428

0.08

44,592,125,445

62.84%

20,364,398

14. 

Authority to set the remuneration of the auditor

44,560,709,504

99.93

29,099,531

0.07

44,589,809,035

62.84%

22,384,390

15. 

Approval of the Lloyds Banking Group Deferred Bonus Plan 2021

43,986,256,363

98.67

593,652,663

1.33

44,579,909,026

62.82%

32,442,276

16. 

Authority for the Company and its subsidiaries to make political donations or incur political expenditure

43,202,554,307

96.92

1,374,810,670

3.08

44,577,364,977

62.82%

35,057,201

17. 

Directors' authority to allot shares

42,280,079,589

94.82

2,309,615,789

5.18

44,589,695,378

62.84%

22,402,160

18. 

Directors' authority to allot shares in relation to the issue of Regulatory Capital Convertible Instruments

43,775,123,029

98.21

796,537,968

1.79

44,571,660,997

62.81%

40,225,365

19. 

Limited disapplication of pre-emption rights (ordinary shares)

44,423,842,790

99.68

140,967,627

0.32

44,564,810,417

62.80%

46,907,558

20. 

Limited disapplication of pre-emption rights in the event of financing an acquisition transaction or other capital investment

42,780,322,809

95.99

1,784,890,836

4.01

44,565,213,645

62.80%

46,049,203

21. 

Limited disapplication of pre-emption rights in relation to the issue of Regulatory Capital Convertible Instruments

43,608,642,451

97.85

956,526,295

2.15

44,565,168,746

62.80%

46,469,195

22. 

Authority to purchase own ordinary shares

43,906,247,287

98.69

583,789,997

1.31

44,490,037,284

62.70%

122,322,562

23. 

Authority to purchase own preference shares

44,395,218,012

99.79

91,987,205

0.21

44,487,205,217

62.69%

124,930,220

24. 

Adoption of new articles of association

44,546,213,419

99.92

34,144,606

0.08

44,580,358,025

62.82%

31,525,955

25. 

Notice period for general meetings

41,702,802,379

93.52

2,888,052,168

6.48

44,590,854,547

62.84%

20,874,062

 

Notes

For all resolutions, as at 6.30 pm on Tuesday 18 May 2021 (the time at which shareholders who wanted to attend, speak and vote at the meeting were required to have their details entered in the register of members), there were 70,962,275,982 ordinary shares in issue.

Ordinary shareholders are entitled to one vote per share. Votes withheld are not votes and, therefore, have not been counted in the calculation of the proportion of votes for and against a resolution.

In accordance with the Listing Rule 9.6.2, copies of the resolutions will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

-END-

 

 

 

For further information:

 

Investor Relations

Douglas Radcliffe

Group Investor Relations Director

Email: douglas.radcliffe@lloydsbanking.com

 

+44 (0) 20 7356 1571

Group Corporate Affairs

Matt Smith

Head of Media Relations

Email: matt.smith@lloydsbanking.com

 

+44 (0) 20 7356 3522

 

 

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