- Title:
Result of AGM 2020 and Group SFCR publication - Time:
12:00:05 - Date:
14 May 2020 - Category:
AGMs and other meetings - ID:
9314M
14 May 2020
Quilter plc
Result of Annual General Meeting 2020 and Group Solvency and Financial Condition Report
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 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 |
Total votes Withheld as a % of issued share capital |
| 1. |
To receive the 2019 Report and Accounts |
1,310,665,825 |
100.00 |
10,056 |
0.00 |
1,310,675,881 |
70.02% |
1,490,695 |
0.08% |
| 2. |
To approve the Remuneration Report (excluding the Directors' Remuneration Policy) |
1,256,672,400 |
95.96 |
52,862,651 |
4.04 |
1,309,535,051 |
69.96% |
2,631,525 |
0.14% |
| 3. |
To declare a final dividend |
1,308,182,742 |
99.71 |
3,861,292 |
0.29 |
1,312,044,034 |
70.10% |
122,542 |
0.01% |
| 4. |
To re-elect Paul Feeney as a Director |
1,311,964,016 |
100.00 |
24,364 |
0.00 |
1,311,988,380 |
70.09% |
179,674 |
0.01% |
| 5. |
To re-elect Rosemary Harris as a Director |
1,311,956,470 |
100.00 |
26,016 |
0.00 |
1,311,982,486 |
70.09% |
185,568 |
0.01% |
| 6. |
To re-elect Glyn Jones as a Director |
1,307,999,089 |
99.70 |
3,986,351 |
0.30 |
1,311,985,440 |
70.09% |
182,614 |
0.01% |
| 7. |
To re-elect Moira Kilcoyne as a Director |
1,311,957,499 |
100.00 |
21,992 |
0.00 |
1,311,979,491 |
70.09% |
187,085 |
0.01% |
| 8. |
To re-elect Jonathan Little as a Director |
1,311,828,940 |
99.99 |
156,080 |
0.01 |
1,311,985,020 |
70.09% |
183,034 |
0.01% |
| 9. |
To re-elect Ruth Markland as a Director |
1,310,236,197 |
99.87 |
1,750,080 |
0.13 |
1,311,986,277 |
70.09% |
181,777 |
0.01% |
| 10. |
To re-elect Paul Matthews as a Director |
1,311,829,846 |
99.99 |
147,430 |
0.01 |
1,311,977,276 |
70.09% |
187,778 |
0.01% |
| 11. |
To re-elect George Reid as a Director |
1,311,833,140 |
99.99 |
147,775 |
0.01 |
1,311,980,915 |
70.09% |
187,139 |
0.01% |
| 12. |
To re-elect Mark Satchel as a Director |
1,311,776,172 |
99.98 |
210,732 |
0.02 |
1,311,986,904 |
70.09% |
181,150 |
0.01% |
| 13. |
To appoint Pricewaterhouse-Coopers LLP as auditor of the Company |
1,311,978,010 |
100.00 |
28,415 |
0.00 |
1,312,006,425 |
70.09% |
161,629 |
0.01% |
| 14. |
To authorise the Board Audit Committee to determine the auditor's remuneration |
1,311,676,828 |
99.97 |
338,664 |
0.03 |
1,312,015,492 |
70.09% |
151,084 |
0.01% |
| 15. |
To authorise political donations by the Company and its subsidiaries |
1,102,970,977 |
84.45 |
203,141,636 |
15.55 |
1,306,112,613 |
69.78% |
6,053,963 |
0.32% |
| 16. |
To authorise the Company to purchase its own shares* |
1,285,948,179 |
98.04 |
25,748,180 |
1.96 |
1,311,696,359 |
70.08% |
467,217 |
0.02% |
| 17. |
To authorise the Company to enter into Contingent Purchase Contracts* |
1,304,230,806 |
99.46 |
7,121,820 |
0.54 |
1,311,352,626 |
70.06% |
813,950 |
0.04% |
*Special resolution
Notes:
i. As at 6:30pm on 12 May 2020, 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 1,871,776,030 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 have been submitted to the National Storage Mechanism and will shortly be available to view at http://www.morningstar.co.uk/uk/NSM.
The poll results will also be available shortly on the Company's website at quilter.com/agm.
Group Solvency and Financial Condition Report Publication
Additionally, the Group wishes to confirm the publication of its Group Solvency and Financial Condition Report ("SFCR") for the 12 month period ended 31 December 2019. In accordance with the requirements of the Solvency II Regulations, a copy of the SFCR is available for download from the Group's website at www.quilter.com/investor-relations/results-reports-and-events/
- ends -
Enquiries:
| |
|
| Investor Relations: John-Paul Crutchley
Keilah Codd
|
+44 (0)7741 385 251
+44 (0)7776 649 681 |
| Company Secretary: Patrick Gonsalves |
+44 (0)20 7778 9670
|
| Camarco Geoffrey Pelham-Lane
|
+44 (0)20 3757 4985 |
| Aprio (South Africa) Julian Gwillim |
+27 (0)11 880 0037 |
About Quilter plc:
Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.
Quilter plc oversees £95.3 billion in investments (as at 31 March 2020).
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: Advice and Wealth Management and Wealth Platforms.
Advice and Wealth Management encompasses the financial planning business, Quilter Financial Planning, Quilter Private Client Advisers and Quilter Financial Advisers; the discretionary fund management business, Quilter Cheviot; and Quilter Investors, the Multi-asset investment solutions business. Wealth Platforms includes the Old Mutual Wealth UK Platform and Quilter International, including AAM Advisory in Singapore.
Since its IPO in June 2018, the Group's businesses have progressively re-branded to Quilter. The UK Platform will be the final business to rebrand; this will follow the safe delivery of the new platform technology. Descriptor for re-branded business units:
| Previous |
New |
| Intrinsic |
Quilter Financial Planning |
| Old Mutual Wealth Private Client Advisers |
Quilter Private Client Advisers |
| Quilter Investors |
Quilter Investors |
| Quilter Cheviot |
Quilter Cheviot |
| UK Platform |
Quilter Investment Platform |
| International |
Quilter International |
Result of AGM 2020 and Group SFCR publication12:00:0514 May 2020AGMs and other meetings9314M