Result of AGM
Ondo InsurTech Plc announced that all resolutions were passed at its Annual General Meeting, including the approval of the 2026 Report and Financial Statements with 99.72% of votes cast in favour, the Remuneration Policy with 92.94% in favour, and the Remuneration Report with 99.06% in favour. Directors Gregory Mark Wood CBE, Craig Foster, Kevin Michael Withington, Graham John Bird, Greig Norman Paterson, and James Barrington Quin were re-elected, though Mr. Wood received 18.75% of votes against and Mr. Paterson 0.93% against, while Mr. Quin received 8.87% against. The reappointment of PKF Littlejohn LLP as auditors and the authority to determine their remuneration also passed with high approval rates. Resolutions concerning the allotment of shares and disapplication of pre-emption rights also received strong shareholder support, with 97.71% and 96.87% in favour respectively.
Select text to share a quote on X · sign in to keep highlights & notes in your ONDO notes
Ondo InsurTech Plc (LSE: ONDO), a leading company in claims prevention technology for home insurers, is pleased to announce that at the Annual General Meeting held earlier today, all resolutions as set out in the Notice of Annual General Meeting were duly passed.
The proxy votes received from shareholders on each resolution are set out below:
| Res. | Description | Votes For | % of votes cast | Votes against | % of votes cast | Total votes cast (excluding votes withheld | Votes Withheld |
|---|---|---|---|---|---|---|---|
| Ordinary Resolutions | |||||||
| 1 | To receive the 2026 Report and Financial Statements | 71,410,727 | 99.72 | 201,020 | 0.28 | 71,611,747 | 63,287 |
| 2 | To approve the Remuneration Policy | 66,555,850 | 92.94 | 5,055,987 | 7.06 | 71,611,747 | 63,287 |
| 3 | To approve the Remuneration Report | 70,938,919 | 99.06 | 672,828 | 0.94 | 71,611,747 | 63,287 |
| 4 | To re-elect Gregory Mark Wood CBE as a director of the Company | 27,065,476 | 81.25 | 6,247,495 | 18.75 | 33,312,971 | 38,362,063 |
| 5 | To re-elect Craig Foster, as a director of the Company | 70,933,503 | 99.05 | 678,244 | 0.95 | 71,611,747 | 63,287 |
| 6 | To re-elect Kevin Michael Withington as a director of the Company | 70,740,551 | 98.87 | 810,291 | 1.13 | 71,550,842 | 124,192 |
| 7 | To re-elect Graham John Bird as a director of the Company | 71,214,252 | 99.44 | 397,495 | 0.56 | 71,611,747 | 63,287 |
| 8 | To re-elect Greig Norman Paterson, as a director of the Company | 37,355,898 | 99.07 | 351,047 | 0.93 | 37,706,945 | 33,968,089 |
| 9 | To re-elect James Barrington Quin, as a director of the Company | 34,361,924 | 91.13 | 3,345,021 | 8.87 | 37,706,945 | 33,968,089 |
| 10 | To reappoint PKF Littlejohn LLP as auditors of the Company | 71,189,807 | 99.41 | 421,940 | 0.59 | 71,611,747 | 63,287 |
| 11 | Authority to determine remuneration of the auditors | 71,378,170 | 99.67 | 233,577 | 0.33 | 71,611,747 | 63,287 |
| 12 | Authority to allot shares in accordance with s551 of the Companies Act 2006 (the "Act") | 69,975,225 | 97.71 | 1,636,521 | 2.29 | 71,611,747 | 63,287 |
| Special Resolutions | |||||||
| 13 | Disapplication of pre-emption rights in accordance with s570 and 573 of the Act | 68,887,164 | 96.87 | 2,224,583 | 3.13 | 71,111,747 | 563,287 |
| 14 | Additional disapplication of pre-emption rights (for an acquisition or other specified capital investment) | 68,887,164 | 96.87 | 2,224,583 | 3.13 | 71,111,747 | 563,287 |
| 15 | Approval for calling of general meetings (other than an annual general meeting) on 14 days' notice | 71,276,310 | 99.53 | 335,437 | 0.47 | 71,611,747 | 63,287 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.