RNS Number : 8261YDirect Line Insurance Group PLC09 May 2023

2023 Annual General Meeting Poll Results for Direct Line Insurance Group Plc

9 May 2023

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 2022.

1,050,907,908

99.96%

440,546

0.04%

1,051,348,454

80.17%

886,905

2.

To approve the Directors' Remuneration Report.

1,028,748,967

97.89%

22,163,847

2.11%

1,050,912,814

80.14%

1,321,110

3.

To approve the Directors' remuneration policy

1,030,959,263

98.10%

19,918,567

1.90%

1,050,877,830

80.13%

1,356,094

4.

To elect Mark Lewis as a Director of the Company.

1,050,484,943

99.92%

794,394

0.08%

1,051,279,337

80.17%

956,522

5.

To re-elect Tracy Corrigan as a Director of the Company.

1,050,288,530

99.91%

995,214

0.09%

1,051,283,744

80.17%

952,115

6.

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

988,455,917

94.02%

62,821,309

5.98%

1,051,277,226

80.17%

958,633

7.

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

1,048,326,579

99.72%

2,976,276

0.28%

1,051,302,855

80.17%

933,004

8.

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

1,031,850,198

98.15%

19,430,932

1.85%

1,051,281,130

80.17%

954,529

9.

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

1,050,266,818

99.90%

1,014,532

0.10%

1,051,281,350

80.17%

954,509

10.

To elect Neil Manser as a Director of the Company.

1,038,499,200

98.78%

12,799,203

1.22%

1,051,298,403

80.17%

937,456

11.

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

1,046,996,236

99.59%

4,284,303

0.41%

1,051,280,539

80.17%

955,320

12.

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

1,048,314,141

99.72%

2,971,673

0.28%

1,051,285,814

80.17%

950,045

13.

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

1,020,939,857

97.11%

30,343,256

2.89%

1,051,283,113

80.17%

952,746

14.

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

1,027,629,995

97.68%

24,399,362

2.32%

1,052,029,357

80.22%

206,502

15.

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

1,051,629,232

99.96%

443,665

0.04%

1,052,072,897

80.23%

162,962

16.

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

1,046,163,497

99.43%

5,948,469

0.57%

1,052,111,966

80.23%

123,893

17.

To authorise the Directors to allot new shares.

989,321,047

94.03%

62,790,210

5.97%

1,052,111,257

80.23%

124,602

18.

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

988,996,258

94.01%

63,040,149

5.99%

1,052,036,407

80.22%

199,452

19.

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

962,081,560

91.45%

89,949,233

8.55%

1,052,030,793

80.22%

205,066

20.

To authorise the Company to purchase its own shares. *

1,047,069,638

99.54%

4,877,075

0.46%

1,051,946,713

80.22%

289,146

21.

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

1,027,133,064

97.63%

24,973,967

2.37%

1,052,107,031

80.23%

128,828

22.

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

949,598,543

97.02%

29,174,759

2.98%

978,773,302

74.64%

73,462,557

23.

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

959,935,288

97.02%

18,790,416

2.98%

978,725,704

74.63%

73,510,155

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 4 May 2023 was 1,311,388,157. 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 2023 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:  [email protected]

LEI: 213800FF2R23ALJQOP04



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