Result of AGM
Vanquis Banking Group PLC announced the results of its Annual General Meeting held on May 6, 2026, confirming that all resolutions were duly passed by shareholders. The company saw strong support for its financial statements, directors' remuneration policy, and the re-election of all directors, with votes "For" ranging from 98.34% to 99.97%. The re-appointment of Deloitte LLP as auditor also received overwhelming approval with 99.90% of votes in favour. Resolutions concerning the company's authority to allot shares, disapply pre-emption rights, and purchase its own shares were also passed with significant majorities, generally above 99.5%. Approximately 63.95% of the company's voting capital participated in the polls.
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The Company announces the results of the voting by poll on the resolutions put to its annual general meeting (AGM) today, Wednesday 6th May 2026.
A poll was held on each of the resolutions set out in the notice of AGM and the results of the poll are set out below. All of the resolutions voted on at the AGM were duly passed.
| Number of votes cast "For" | % of votes cast "For" | Number of votes cast "Against" | % of votes cast "Against" | Number of votes Withheld | Total votes cast as a % of Issued Share Register | ||
|---|---|---|---|---|---|---|---|
| RESOLUTION | |||||||
| 1. | Directors' and auditor's reports and the financial statements | 164,002,466 | 99.97% | 43,402 | 0.03% | 29,735 | 63.96% |
| 2. | Approval of the Directors remuneration policy (pages 100-108 in the ARA) | 163,723,128 | 99.83% | 277,916 | 0.17% | 74,559 | 63.94% |
| 3. | Approval of the annual statement by the chairman of the remuneration committee and the annual report on remuneration | 163,662,293 | 99.80% | 336,021 | 0.20% | 77,289 | 63.94% |
| 4. | Re-election of Sir Peter Estlin as a Director | 161,309,089 | 98.34% | 2,727,108 | 1.66% | 39,406 | 63.95% |
| 5. | Re-election of Ian McLaughlin as a Director | 163,975,211 | 99.96% | 72,900 | 0.04% | 27,492 | 63.96% |
| 6. | Re-election of Dave Watts as a Director | 163,963,196 | 99.96% | 72,677 | 0.04% | 39,730 | 63.95% |
| 7. | Re-election of Karen Briggs as a Director | 162,576,431 | 99.11% | 1,461,516 | 0.89% | 37,656 | 63.95% |
| 8. | Re-election of Michele Greene as a Director | 162,206,148 | 99.11% | 1,461,302 | 0.89% | 408,153 | 63.81% |
| 9. | Re-election of Oliver Laird as a Director | 162,336,531 | 99.19% | 1,330,825 | 0.81% | 408,247 | 63.81% |
| 10. | Re-election of Graham Lindsay as a Director | 162,621,212 | 99.15% | 1,391,438 | 0.85% | 62,953 | 63.94% |
| 11. | Re-election of Jackie Noakes as a Director | 162,548,742 | 99.11% | 1,462,549 | 0.89% | 64,312 | 63.94% |
| 12. | Re-appointment of Deloitte LLP as the Auditor of the Company | 163,866,539 | 99.90% | 171,207 | 0.10% | 37,857 | 63.95% |
| 13. | Audit committee authorised to determine the Auditor's Remuneration | 163,984,645 | 99.96% | 60,056 | 0.04% | 30,902 | 63.96% |
| 14. | Company authorised to make political donations | 153,141,299 | 93.35% | 10,901,080 | 6.65% | 33,224 | 63.96% |
| 15. | Directors authorised to allot shares | 163,402,753 | 99.63% | 601,410 | 0.37% | 71,440 | 63.94% |
| 16. | Company authorised to disapply pre-emption rights | 163,226,828 | 99.52% | 785,319 | 0.48% | 63,456 | 63.94% |
| 17. | Company authorised to disapply pre-emption rights in relation to acquisitions and specified capital investments. | 163,247,519 | 99.53% | 765,868 | 0.47% | 62,216 | 63.94% |
| 18. | Company authorised to purchase own shares. | 164,033,254 | 99.98% | 28,384 | 0.02% | 13,965 | 63.96% |
| 19. | Company authorised to allot equity securities in relation to the issue of additional Tier 1 Securities. | 163,437,687 | 99.63% | 609,079 | 0.37% | 28,837 | 63.96% |
| 20. | Company authorised to disapply pre-emption rights in relation to the issue of Additional Tier 1 Securities | 163,336,085 | 99.57% | 700,459 | 0.43% | 39,059 | 63.95% |
| 21. | Convening of a general meeting on not less than 14 days' notice authorised | 163,123,666 | 99.43% | 935,446 | 0.57% | 16,491 | 63.96% |
Notes
- Votes "For" and "Against" are expressed as a percentage of votes received.
- A "vote withheld" is not a vote in law and is therefore not counted towards the proportion of votes "For" or "Against" a resolution.
- As at 10am on Friday 1 May 2026, the time by which shareholders who wanted to vote at the AGM must have been entered on the Company's register of members, there were 256,493,758 ordinary shares in issue. 63.97% of the voting capital was instructed, as set out in the table above. Shareholders are entitled to one vote per share.
In accordance with Listing Rule 9.6.2R, 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 the National Storage Mechanism.
Name of contact and telephone number for AGM queries:
Michael Mustard
Company Secretary
Name of contacts and contact details for Investor Relations:
James Cranstoun
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.