CYBG : Results of Annual General Meeting

Results of Annual General Meeting

Released : 29 Jan 2020 12:01

RNS Number : 3185B

Virgin Money UK PLC

29 January 2020

Virgin Money UK PLC

(Company)

LEI: 213800ZK9VGCYYR6O495

RESULTS OF ANNUAL GENERAL MEETING ON 29 JANUARY 2020

29 January 2020

The Board of Directors of the Company announces that at the Company's Annual General Meeting held today, resolutions 1 to 25 were duly passed by the Company's shareholders by way of a poll. The results of the poll are set out below.

Resolution	For	Against	Total	Withheld
	No. of Votes	% of Vote	No. of Votes	% of Vote	No. of Votes	No. of Votes
1. To receive the Annual Report and Financial Statements for the year ended 30 September 2019	1,002,120,099	99.05	9,594,892	0.95	1,011,714,991	3,008,040
2. To approve the Directors' Remuneration Policy for the year ended 30 September 2019	998,049,041	99.50	5,037,177	0.50	1,003,086,218	11,636,931
3. To approve the Directors' Annual Report on Remuneration for the year ended 30 September 2019	831,649,025	82.67	174,356,549	17.33	1,006,005,574	8,714,173
4. To re-elect David Bennett as a Director of the Company	1,011,758,591	99.92	791,351	0.08	1,012,549,942	2,146,345
5. To re-elect Paul Coby as a Director of the Company	1,011,739,078	99.92	793,843	0.08	1,012,532,921	2,163,127
6. To re-elect David Duffy as a Director of the Company	1,011,714,535	99.92	824,979	0.08	1,012,539,514	2,152,830
7. To re-elect Geeta Gopalan as a Director of the Company	1,011,800,941	99.93	729,552	0.07	1,012,530,493	2,155,074
8. To re-elect Adrian Grace as a Director of the Company	975,367,644	96.33	37,142,094	3.67	1,012,509,738	2,164,520
9. To re-elect Fiona MacLeod as a Director of the Company	1,002,003,712	98.97	10,441,962	1.03	1,012,445,674	2,155,651
10. To re-elect Jim Pettigrew as a Director of the Company	1,010,409,215	99.79	2,100,754	0.21	1,012,509,969	2,178,688
11. To re-elect Darren Pope as a Director of the Company	1,011,824,390	99.93	694,548	0.07	1,012,518,938	2,175,891
12. To re-elect Teresa Robson-Capps as a Director of the Company	1,011,664,217	99.91	879,269	0.09	1,012,543,486	2,145,184
13. To re-elect Ian Smith as a Director of the Company	1,011,593,499	99.91	886,028	0.09	1,012,479,527	2,180,002
14. To re-elect Amy Stirling as a Director of the Company	1,011,578,887	99.92	789,134	0.08	1,012,368,021	2,274,087
15. To re-elect Tim Wade as a Director of the Company	1,011,580,222	99.91	927,534	0.09	1,012,507,756	2,162,588
16. To re-appoint Ernst & Young LLP as auditors	1,001,826,653	98.94	10,736,722	1.06	1,012,563,375	2,135,156
17. To authorise the Audit Committee to determine the remuneration of the auditors	1,011,797,888	99.93	732,707	0.07	1,012,530,595	2,099,917
18. To authorise the Directors to allot shares	960,838,082	94.89	51,740,353	5.11	1,012,578,435	2,134,338
19. To authorise the Directors to disapply statutory pre-emption rights in respect of 5% of the Company's issued share capital	960,766,322	95.49	45,419,896	4.51	1,006,186,218	8,540,747
20. To authorise the Directors to disapply statutory pre-emption rights in respect of an additional 5% of the Company's issued share capital	926,408,085	92.07	79,761,148	7.93	1,006,169,233	8,544,857
21. To authorise the Directors to allot equity securities in connection with AT1 Securities	995,011,298	98.90	11,051,763	1.10	1,006,063,061	8,638,069

22. To authorise the Directors to disapply statutory pre-emption rights in respect of the allotment of equity securities in connection with AT1 Securities and issue further AT1 Securities	993,630,275	98.77	12,394,196	1.23	1,006,024,471	8,699,750
23. To permit the Company to purchase its own shares	1,002,429,507	99.01	9,999,377	0.99	1,012,428,884	2,298,337
24. To permit the Company to enter into a contingent purchase contract between the Company and Citigroup Global Markets Australia Pty Limited for the purchase by the Company of ordinary shares converted from CHESS Depositary Interests (CDIs)	1,001,534,758	98.96	10,493,774	1.04	1,012,028,532	2,648,428
25. To authorise the Company to make political donations and incur political expenditure	945,942,213	93.43	66,569,212	6.57	1,012,511,425	2,210,286

Votes 'For' and 'Against' are expressed as a percentage of the total votes received.

A 'Vote withheld' is not treated as a vote in law and would not be counted in the calculation of the proportion of the votes cast 'For' or 'Against' a resolution.

The current issued share capital of the Company consists of 1,436,243,906 ordinary shares of 10 pence, carrying one vote each.

In accordance with the Listing Rule 9.6.2 copies of all resolutions other than resolutions concerning ordinary business passed at today's Annual General Meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection athttp://www.morningstar.co.uk/uk/NSM.

Announcement authorised for release by Lorna McMillan, Group Company Secretary.

For further information, please contact:

Investors and Analysts
Andrew Downey	07823 443 150
Head of Investor Relations	[e-mail]
Company Secretary
Lorna McMillan	07834 585 436
Group Company Secretary	[e-mail]
Media Relations
Press Office	0800 066 5998
	[e-mail]

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