LEI: 2138003EK6UAINBBUS19

15 May 2025

 

Funding Circle Holdings plc (the “Company”)

 

Poll Results of 2025 Annual General Meeting

 

Following its Annual General Meeting (“AGM”) held today, the Company announces that all resolutions proposed to shareholders as set out in the Notice of AGM were carried by the requisite majority on a poll.  Resolutions 1 to 14 were passed as ordinary resolutions and resolutions 15 to 18 were passed as special resolutions.  The table set out below shows the votes cast on each resolution.

 

 

Resolution		Votes for		Votes against		Total votes cast		Votes withheld
		Number	%	Number	%	Number	% of ISC
1.	To receive the Annual Report and Accounts of the Company for the year ended 31 December 2024	238,142,512	100.00	3,858	0.00	238,146,370	75.94%	23,898
2.	To approve the Directors’ Remuneration Policy	233,970,779	98.24	4,181,355	1.76	238,152,134	75.94%	18,134
3.	To approve the Directors’ Remuneration Report (excluding the Directors’ Remuneration Policy)	238,136,993	99.99	14,637	0.01	238,151,630	75.94%	18,638
4.	To reappoint PricewaterhouseCoopers LLP as auditors of the Company	238,079,916	99.97	65,453	0.03	238,145,369	75.94%	24,899
5.	To authorise the Audit and Risk Committee to fix the remuneration of the auditors	238,103,148	99.98	41,353	0.02	238,144,501	75.94%	25,767
6.	To elect Ken Stannard as a Director	233,956,973	98.24	4,193,943	1.76	238,150,916	75.94%	19,352
7.	To re-elect Lisa Jacobs as Director	238,141,261	100.00	11,411	0.00	238,152,672	75.94%	17,596
8.	To elect Tony Nicol as a Director	238,042,251	99.95	109,915	0.05	238,152,166	75.94%	18,102
9.	To re-elect Geeta Gopalan as a Director	237,107,947	99.56	1,044,221	0.44	238,152,168	75.94%	18,100
10.	To re-elect Helen Beck as a Director	232,962,849	97.82	5,189,319	2.18	238,152,168	75.94%	18,100
11.	To re-elect Hendrik Nelis as a Director	230,254,602	96.68	7,897,566	3.32	238,152,168	75.94%	18,100
12.	To re-elect Neil Rimer as a Director	233,774,602	98.16	4,377,566	1.84	238,152,168	75.94%	18,100
13.	Political donations	233,280,199	97.97	4,840,175	2.03	238,120,374	75.93%	49,894
14.	Directors’ authority to allot shares	186,303,150	78.23	51,849,493	21.77	238,152,643	75.94%	17,625
15.	Disapplication of pre-emption rights *	186,305,076	78.23	51,847,340	21.77	238,152,416	75.94%	17,852
16.	Disapplication of pre-emption rights in connection with an acquisition or specified capital investment*	186,306,165	78.23	51,846,251	21.77	238,152,416	75.94%	17,852
17.	Purchase of own shares*	238,122,162	99.99	30,479	0.01	238,152,641	75.94%	17,627
18.	Notice of general meeting*	238,090,219	99.97	63,155	0.03	238,153,374	75.94%	16,894

 

 

* Indicates a Special Resolution requiring 75% of votes cast to be carried.

 

To view the full wording of the resolutions, please refer to the Notice of 2024 Annual General Meeting on the Company's website.

 

Votes "For" and "Against" are expressed as a percentage of votes cast. Votes "For" include discretionary votes.  A "Vote withheld" is not a vote in law and is therefore not counted in the calculation of the votes "For" or "Against" a resolution.

 

In accordance with UK Listing Rules 6.4.2, copies of all the resolutions passed other than resolutions concerning ordinary business will shortly be available for inspection on the National Storage Mechanism at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

On Thursday 15 May 2025, the total number of issued ordinary shares of £0.001 each entitling the holders to attend and vote on all the resolutions at the AGM was 313,613,109.

 

While all resolutions were passed at today's AGM with a clear majority, the Board notes that Resolutions 14, 15, and 16 received 21.77% of votes against. We intend to engage with relevant shareholders in due course to further understand their views. We will provide an update within six months as required by the UK Corporate Governance Code.

 

 

 

For and on behalf of

Funding Circle Holdings plc

 

Lucy Vernall

Company Secretary

 

-Ends-

 

 

Enquiries:

Funding Circle:

Investor Relations    ir@fundingcircle.com
Tony Nicol

Media Relations     press@fundingcircle.com
Leigh Rimmer

Headland Consultancy   +44 (0) 20 3805 4822
Stephen Malthouse and Jack Gault

 

About Funding Circle:

Funding Circle (LSE: FCH) is the UK’s leading SME finance platform. Established in the UK in 2010, Funding Circle has extended more than £14.6bn in credit to over 110,000 businesses in the UK.

For SME borrowers, Funding Circle provides an unrivalled customer experience, delivered through its technology and data, coupled with a human touch. Its solutions continue to help customers access the funding they need to succeed. For institutional investors, Funding Circle provides access to an alternative asset class in an underserved market, and delivers robust and attractive returns.