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2020 Annual General Meeting Wednesday 29 April 2020

AGM online Voting Conditions and Notes on Voting

Voting Conditions

1. If you are voting by postal proxy or online, the last date for receipt of your vote is 12 noon on 25 April 2020. You can also take your vote into your local branch/agency by 1pm on 27 April 2020. In order to avoid unnecessary travel, we would encourage you to vote online or by post.

2. You must qualify as either a shareholding Member or a borrowing Member.

Shareholding Members

To qualify as a shareholding Member, you must:

  • if you are an individual, be at least 18 years old on 29 April 2020, and

  • have held shares to the value of not less than £100 at midnight at the end of 31 December 2019, and

  • not have ceased to hold a share or shares at any time between midnight at the end of 31 December 2019 and the voting date, and

  • hold a share or shares in the Society on the voting date.

  • Where the shares are held jointly by two or more persons, only the first named in the records of the Society, in respect of those shares, can have any voting rights.

  • Where the shareholding is held in the name of a business, that business may authorise an individual to act as its representative by resolution of its directors. However, the representative cannot be a voting Member of the Society.

  • A holder of a Power of Attorney or Deputy can vote on behalf of the Member.

Borrowing Members

To qualify as a borrowing Member, you must:

  •  be at least 18 years old on 29 April 2020, and

  •  have owed the Society not less than £100 in respect of a mortgage debt at midnight at the end of 31 December 2019, and

  • owe the Society not less than £100 in respect of a mortgage debt on the voting date.

  • Where a mortgage debt is owed jointly by two or more persons, only the first named in the records of the Society, in respect of that mortgage, can have any voting rights.

3. In addition, you can vote only once as a Member, irrespective of:

  • The number of accounts you hold and whether you hold accounts in different capacities (for example, on your own behalf and as a trustee), and
  • Whether you qualify to vote as both a shareholding Member and a borrowing Member and the amount of your shareholding or mortgage debt.

 Notes on Voting

  • You may appoint the Chair of the Meeting as your proxy to vote for each of the resolutions or the election/re-elections of directors. 

  • If you wish to instruct your proxy how to vote on your behalf and on any resolution or election/re-election of directors, please click the appropriate button on the online voting portal or, if voting by post, please put an 'X' in the appropriate box. If you do not instruct your proxy how to vote on your behalf, your proxy is authorised to vote at his or her discretion in respect of that resolution or the election/re-election of directors.

  • For postal or branch/agency votes please do not forget to sign and date section A or B as appropriate on the voting form. Only signed and dated forms will be valid.

  • Your vote will be processed by the Leek United Building Society Scrutineers, Howsons Electoral Services Ltd, 50 Broad Street, Leek, ST13 5NS, and must be submitted no later than 12 noon on 25 April 2020 for postal or online and no later than 1pm on 27 April 2020 for branch/agency votes.