RECORD PLC
("Record" or "the Company")
Notification of shareholder resolutions at
2024 Annual General Meeting
in compliance with Listing Rule 9.6.18R
31 July 2024
Record plc held its Annual General Meeting at 10.00 a.m. on 30 July 2024 at Fora - Liberty House, 222 Regent St., London W1B 5TR.
All of the nineteen resolutions set out in the Notice of Annual General Meeting ("AGM Notice") issued to shareholders on 1 July 2024 were on a poll. The results of each resolution were as follows:
Votes For (including Discretionary) | Votes Against | Total votes cast | Votes Withheld | ||||
Resolution | Number of votes | % of votes cast | Number of votes | % of votes cast | Total number of votes | % of Record plc issued ordinary shares | Number of votes |
1. To receive and adopt the Annual Report & Accounts of the Company for the year ended 31 March 2024. | 110,548,339 | 100.00 | 0 | 0.00 | 110,548,339 | 55.54% | 6,051 |
2. To approve the Directors' Remuneration Report (excluding the Directors' Remuneration Policy) as set out in the Annual Report & Accounts of the Company. | 100,799,593 | 91.18 | 9,744,971 | 8.82 | 110,544,564 | 55.53% | 9,826 |
3. To approve Directors' Remuneration Policy | 95,199,088 | 86.25 | 15,172,703 | 13.75 | 110,371,791 | 55.45% | 182,599 |
4. To approve Record Plc Long Term Incentive Plan | 95,270,957 | 86.32 | 15,095,160 | 13.68 | 110,366,117 | 55.45% | 188,273 |
5. To declare a final dividend of 2.45 pence per ordinary share. | 110,548,701 | 100.00 | 0 | 0.00 | 110,548,701 | 55.54% | 5,689 |
6. To elect Jan Witte as a director of the Company. | 110,534,056 | 99.99 | 12,846 | 0.01 | 110,546,902 | 55.54% | 7,488 |
7. To elect Richard Heading as a director of the Company. | 110,534,056 | 99.99 | 12,846 | 0.01 | 110,546,902 | 55.54% | 7,488 |
8. To elect Othman Boukrami as a director of the Company | 110,529,546 | 99.99 | 15,846 | 0.01 | 110,545,392 | 55.54% | 8,998 |
9. To elect Kevin Ayles as a director of the Company. | 110,532,828 | 99.99 | 12,846 | 0.01 | 110,545,674 | 55.54% | 8,716 |
10. To re-elect David Morrison as a director of the Company. | 108,291,805 | 97.96 | 2,253,587 | 2.04 | 110,545,392 | 55.54% | 8,998 |
11. To re-elect Matt Hotson as a director of the Company | 109,978,498 | 99.49 | 566,894 | 0.51 | 110,545,392 | 55.54% | 8,998 |
12. To re-elect Krystyna Nowak as a director of the Company | 108,262,658 | 97.94 | 2,282,734 | 2.06 | 110,545,392 | 55.54% | 8,998 |
13. To re-appoint BDO LLP as Auditor of the Company to hold office until the conclusion of the next meeting of the Company at which the accounts are laid. | 110,368,655 | 99.84 | 181,556 | 0.16 | 110,550,211 | 55.54% | 4,179 |
14. To authorise the directors of the Company to determine the Auditor's remuneration. | 110,545,478 | 100.00 | 4,333 | 0.00 | 110,549,811 | 55.54% | 4,579 |
15. To authorise the Directors to allot Ordinary Shares on the terms set out in the AGM Notice. | 110,413,560 | 99.89 | 117,677 | 0.11 | 110,531,237 | 55.53% | 23,153 |
16. To disapply statutory pre-emption rights on the terms set out in the AGM Notice. | 110,353,115 | 99.85 | 171,122 | 0.15 | 110,524,237 | 55.52% | 30,153 |
17. To disapply statutory pre-emption rights in connection with an acquisition or other capital investment on the terms set out in the AGM Notice. | 109,278,242 | 98.87 | 1,245,995 | 1.13 | 110,524,237 | 55.52% | 30,153 |
18. To authorise the Company to purchase its own shares on the terms set out in the AGM Notice. | 110,516,889 | 99.97 | 33,322 | 0.03 | 110,550,211 | 55.54% | 4,179 |
19. To permit general meetings of the Company (other than annual general meetings) to be called on not less than 14 clear days' notice. | 110,436,918 | 99.90 | 113,109 | 0.10 | 110,550,027 | 55.54% | 4,363 |
Note: A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.
The number of ordinary shares in issue at the date of this announcement is 199,054,325.
Resolutions 1 to 15 were ordinary resolutions, requiring more than 50 per cent. of shareholders' votes to be cast in favour of the resolutions. Resolutions 16 to 19 were special resolutions, requiring at least 75 per cent. of shareholders' votes to be cast in favour of the resolutions.
A copy of all the resolutions passed at the Annual General Meeting has been submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
-Ends -
For further information, please contact:
Record plc Tel: +44 (0) 1753 852 222
Jan Witte, Chief Executive Officer
Richard Heading, Chief Finance Officer
Panmure Liberium Tel: +44 (0) 20 7886 2500
David Watkins
Atholl Tweedie
Notes to Editors
Record plc
Founded in 1983 as currency specialist, Record Financial Group today delivers innovative, client-centric solutions for investors across derivatives, private equity, alternative credit and yield products, fixed income, emerging markets and, of course, currency.
With over 40 years of experience, we have developed a deep and fundamental understanding of the risk and reward opportunities within those markets, enabling us to deliver best-in-class solutions to institutional clients worldwide.
Our clients are largely institutions, including pension funds, charities, foundations, endowments, and family offices, as well as other asset managers and corporates.
Record (LSE: REC) was admitted to trading on the London Stock Exchange on 3 December 2007.