Funding Circle Plc Reports Successful 2024 AGM Outcomes

Funding Circle Holdings Plc has announced successful outcomes from its 2024 Annual General Meeting (AGM) held on May 15, 2024. The company reported that shareholders approved all resolutions on the ballot through a poll vote. Resolutions 1 to 16, classified as ordinary resolutions, and resolutions 17 to 20 as special resolutions, all cleared the required majority to pass.

Significant votes included unanimous approval for the Annual Report and Accounts for the year ended December 31, 2023, with 100% of the votes for and nearly about 75% of issued share capital represented. Approval rates for the Directors' Remuneration Policy and Report were also high at 98.73% and 99.74% respectively. Other resolutions such as the reappointment of PricewaterhouseCoopers LLP as auditors and the authorization to fix auditors' remuneration by the Audit and Risk Committee received nearly unanimous approval as well.

Election and re-election of directors had varying degrees of support, with all director nominees receiving sufficient votes to maintain their positions. Directors Andrew Learoyd, Lisa Jacobs, and Oliver White saw robust backing, while others faced minimal opposition. The board's authority to allot shares and the disapplication of pre-emption rights were also topics of interest, with the majority supporting the directors' ongoing strategies.