CHESNARA PLC

AGM Information • May 26, 2020

National Storage Mechanism | Additional information

RNS Number : 9520N

Chesnara PLC

26 May 2020

CHESNARA plc

("Chesnara" or "the Company")

26 May 2020

LEI Number: 213800VFRMBRTSZ3SJ06

RESULT OF THE CHESNARA PLC 2020 ANNUAL GENERAL MEETING

Chesnara plc announces that the resolutions proposed at its Annual General Meeting held on 26 May 2020 were passed by a show of hands. For information, the results of the AGM, which includes the total number of votes received for each resolution, are set out below. The Company's issued share capital on 26 May 2020 consisted of 150,065,457 ordinary 5p shares and the number of voting rights was also 150,065,457 ordinary 5p shares (as there were no treasury shares).

No.	Resolution	No. of votes 'for' & 'discretionary'	%	Votes 'against'*	%	Total No. of votes cast	Votes 'withheld'
1	To receive and adopt the report and accounts for the year ended 31 December 2019	95,376,604	99.98	16,097	0.02	95,392,701	98,612
2	To approve the Directors' Remuneration Report	93,082,557	97.49	2,397,183	2.51	95,479,740	11,573
3	To approve the Directors' Remuneration Policy	90,213,551	94.49	5,260,276	5.51	95,473,827	17,487
4	To declare a final dividend of 13.87p per ordinary share	95,491,314	100	0	0	95,491,314	0
5	To re-elect Mr Deane as a director	95,448,630	99.97	23,993	0.03	95,472,623	18,691
6	To re-elect Mr Rimmington as a director	95,386,839	99.91	85,784	0.09	95,472,623	18,691
7	To re-elect Ms Dale as a director	95,424,022	99.95	48,600	0.05	95,472,622	18,691
8	To elect Mr Savage as a director	95,431,122	99.96	41,500	0.04	95,472,622	18,691
9	To re-elect Mrs Oak as a director	94,359,893	98.84	1,109,729	1.16	95,469,622	21,691
10	To re-elect Mr Brand as a director	95,424,022	99.95	48,600	0.05	95,472,622	18,691
11	To re-elect Mr Hesketh as a director	95,424,022	99.95	48,600	0.05	95,472,622	18,691
12	To re-appoint Deloitte LLP as auditor	95,443,994	99.96	38,370	0.04	95,482,364	8,949
13	To authorise the directors to determine the auditor's remuneration	95,456,217	99.97	30,605	0.03	95,486,822	4,492
14	To provide limited authority to make political donations and to incur political expenditure	94,784,448	99.26	702,374	0.74	95,486,822	4,492
15	To authorise the directors to allot securities up to a specified amount	93,893,501	98.35	1,575,848	1.65	95,469,349	21,965
16	Special resolution - to give the directors power to allot securities for cash without making an offer to shareholders (rights issue or open offer)	94,165,766	98.63	1,303,583	1.37	95,469,349	21,965
17	Special resolution - to give the directors power to allot securities for cash without making an offer to shareholders (financing or refinancing an acquisition)	94,143,095	98.61	1,326,253	1.39	95,469,348	21,965
18.	Special resolution - to give the Company limited authority to purchase its own shares	95,394,483	99.94	60,542	0.06	95,455,025	36,288
19.	Special resolution - to allow the Company to call general meetings on not less than 14 clear working days' notice	94,685,595	99.16	804,686	0.84	95,490,281	1,033

*Votes 'withheld' have not been included in the calculation of whether the resolution is carried. Percentages have been rounded to two decimal places.

The full text of the resolutions can be found in the Notice of the Meeting set out in the Financial Statements for the year ended 31 December 2019, copies of which are available on the Company's website, www.chesnara.co.uk. In accordance with Listing Rule 9.6.3, full details of the resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

For further information, please contact:

Roddy Watt

Director, Capital Markets

FWD

Forward thinking communications

T   -    020 7280 0651  

E   -    roddy.watt@fwdconsulting.co.uk 

Notes to Editors

Chesnara is a life and pensions company listed on the London Stock Exchange.  It administers over one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

Following a three pillar strategy, Chesnara's primary responsibility is the efficient administration of its customers' life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests. It also adds value by writing profitable new business in Sweden and the Netherlands and by undertaking value-adding acquisitions of either companies or portfolios.

Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 15 years in succession.

Further details are available on the Company's website (www.chesnara.co.uk).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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