CHESNARA PLC

AGM Information • May 18, 2021

National Storage Mechanism | Additional information

RNS Number : 0174Z

Chesnara PLC

18 May 2021

CHESNARA plc

("Chesnara" or "the Company")

18 May 2021

LEI Number: 213800VFRMBRTSZ3SJ06

RESULT OF THE CHESNARA PLC 2021 ANNUAL GENERAL MEETING

Chesnara plc announces that the resolutions proposed at its Annual General Meeting held on 18 May 2021 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 18 May 2021 consisted of 150,077,806 ordinary 5p shares and the number of voting rights was also 150,077,806 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 2020	88,753,315	99.96	34,790	0.04	88,788,105	100,825
2	To approve the Directors' Remuneration Report	86,686,919	97.54	2,186,365	2.46	88,873,284	15,646
3	To declare a final dividend of 14.29p per ordinary share	88,883,738	99.99	5,156	0.01	88,888,894	36
4	To re-elect Mr Deane as a director	88,804,353	99.95	43,503	0.05	88,847,856	41,074
5	To re-elect Mr Rimmington as a director	88,800,776	99.95	47,080	0.05	88,847,856	41,074
6	To re-elect Ms Dale as a director	88,774,931	99.92	73,026	0.08	88,847,957	40,973
7	To re-elect Mr Savage as a director	88,768,993	99.91	78,863	0.09	88,847,856	41,074
8	To re-elect Mrs Oak as a director	87,748,778	98.76	1,099,179	1.24	88,847,957	40,973
9	To re-elect Mr Hesketh as a director	88,768,712	99.91	78,344	0.09	88,847,056	41,874
10	To elect Mr Eamonn Flanagan as a director	88,803,846	99.95	47,080	0.05	88,850,926	38,004
11	To re-appoint Deloitte LLP as auditor	88,804,173	99.91	76,238	0.09	88,880,411	8,519
12	To authorise the directors to determine the auditor's remuneration	88,868,017	99.99	12,603	0.01	88,880,620	8,310
13	To provide limited authority to make political donations and to incur political expenditure	87,310,678	98.24	1,568,251	1.76	88,878,929	10,001
14	To authorise the directors to allot securities up to a specified amount	87,423,438	98.35	1,462,484	1.65	88,885,922	3,008
15	Special resolution - to give the directors power to allot securities for cash without making an offer to shareholders (rights issue or open offer)	87,409,220	98.34	1,478,405	1.66	88,887,625	1,305
16	Special resolution - to give the directors power to allot securities for cash without making an offer to shareholders (financing or refinancing an acquisition)	86,200,256	96.98	2,687,369	3.02	88,887,625	1,305
17	Special resolution - to give the Company limited authority to purchase its own shares	88,821,433	99.95	46,671	0.05	88,868,104	20,826
18.	Special resolution - to allow the Company to call general meetings on not less than 14 clear working days' notice	88,551,698	99.63	333,251	0.37	88,884,949	3,981

*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 2020, 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 16 years in succession.

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

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