Hargreaves Lansdown announces results of AGM
Hargreaves Lansdown plc (LON:HL) has announced the results of the annual general meeting held earlier today.
The Board confirms that all of the resolutions proposed at the Meeting were duly passed by shareholders. However, a number of resolutions were passed with less than 80% of the votes being in favor of the proposals.
The Board notes that resolution 11 (re-election of J Troiano), resolution 12 (re-election of A Blance), resolution 13 (re-election of M Mannings), resolution 15 (re-election of P James), resolution 16 (re-election of D Pope), resolution 18 (authority to purchase its own shares), resolution 19 (authority to allot shares), resolution 20 (authority to dis-apply statutory pre-emption rights) and resolution 22 (approve the Hargreaves Lansdown plc Performance Share Plan) were passed but with less than 80% of support.
The HL Board will consult with the specific shareholders who did not vote in favour to understand any concerns.