Hargreaves Lansdown plc (LON:HL) announced Results of the annual general meeting held earlier today.
The Board of Directors confirms that all resolutions proposed at the Meeting were duly approved by the shareholders. However, some resolutions were passed with less than 80% of votes in favor of the proposals.
Council 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 (authorization to buy back its own shares), resolution 19 (authorization of share allocation), resolution 20 (authorization to abolish statutory pre-emptive rights) and resolution 22 (approval of the Hargreaves Lansdown plc Performance Share Plan) passed but with less than 80% of support.
The HL Board of Directors will consult with the specific non-voting shareholders to understand any concerns.