TIDMCPP

RNS Number : 2466O

CPPGroup Plc

28 May 2020

28 May 2020

CPPGROUP Plc

Result of AGM and completion of share consolidation

CPPGroup Plc ("the Company") held its Annual General Meeting at 11.00am on Thursday, 28th May at 6 East Parade, Leeds. LS1 2AD.

The full results are set out below.

 
 Resolutions                              In Favour     %       Against   %      Withheld** 
     To receive and consider 
      the reports of Directors, 
      the Auditor's Report and 
      the Financial Statements 
      for the year ended 31 
 1    December 2019                       469,084,875   99.99     4,852   0.01   317,249,143 
    -----------------------------------  ------------  ------  --------  -----  ------------ 
     To re-elect Jason Walsh 
 2    as a director of the Company        469,082,540   99.99    19,687   0.01   317,236,643 
    -----------------------------------  ------------  ------  --------  -----  ------------ 
     To re-appoint Deloitte 
      LLP as auditors of the 
 3    Company                             469,096,375   99.99     5,852   0.01   317,236,643 
    -----------------------------------  ------------  ------  --------  -----  ------------ 
     To authorise the Directors 
 4    to set the Auditor's remuneration   469,083,875   99.99     4,852   0.01   317,250,143 
    -----------------------------------  ------------  ------  --------  -----  ------------ 
     To consolidate all ordinary 
      1 penny shares in the 
      capital of the Company 
      into New Ordinary Shares 
      of GBP1.00 each on the 
      basis of 1 New Ordinary 
      Share for every 100 existing 
 5    1 penny share                       468,954,044   99.97   148,183   0.03   317,236,643 
    -----------------------------------  ------------  ------  --------  -----  ------------ 
     To authorise the directors 
 6    to allot shares                     468,955,879   99.97   146,348   0.03   317,236,643 
    -----------------------------------  ------------  ------  --------  -----  ------------ 
     To disapply pre-emption 
 7    rights*                             468,954,766   99.97   146,348   0.03   317,237,756 
    -----------------------------------  ------------  ------  --------  -----  ------------ 
     To authorise the Company 
 8    to purchase its own shares*         469,081,927   99.99     6,687   0.01   317,250,256 
    -----------------------------------  ------------  ------  --------  -----  ------------

*special resolutions

**A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' any of the resolutions

Details of resolution 5 relating to the share consolidation were set out in the Notice of AGM circulated on 28 April 2020. With the passing of resolution 5 to approve the consolidation, application has been made to the London Stock Exchange plc for the re-admission to trading on AIM of a total of 8,741,351 ordinary shares of GBP1 each in the Company ("Admission"). Admission is expected to occur on 29 May 2020.

Following Admission, the new ISIN code for the Company's ordinary shares of GBP1 each will be GB00BMDX5Z93 and their new SEDOL code will be BMDX5Z9.

Enquiries:

CPPGroup Plc

Jason Walsh, Chief Executive Officer

+44 (0)7764 378580

Lorraine Beavis, Group Company Secretary

Tel: +44 (0)113 487 7366

Nominated Adviser and Corporate Broker

Investec Bank plc: Sara Hale; Carlton Nelson

Tel: +44 (0) 20 7597 4000

About CPP

CPP Group is a partner focused, global product and services company, specialising in the financial services and insurance markets. We use our local knowledge from 12 country markets within Asia, Europe and Central America to provide our business partners with technology-led product, marketing and distribution expertise that deliver commercial benefits and bring meaningful solutions to over 10 million end customers worldwide.

CPP's diverse range of insurance and assistance products can be designed to suit the bespoke needs of our business partners through providing their customers with peace of mind by reducing the stresses of everyday life, ranging from protection of mobile phones, payment cards and household belongings to keeping travel plans moving and the monitoring of compromised personal data.

For more information on CPP visit https://international.cppgroup.com

REGISTERED OFFICE

CPPGroup Plc

6 East Parade

Leeds

LS1 2AD

Registered number: 07151159

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.

END

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May 28, 2020 07:32 ET (11:32 GMT)

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