Last checked at 10 May 2016 16:25
10 May 2016
Capital & Regional plc
Result of AGM
Capital & Regional plc (the "Company") announces that at the Annual General Meeting ("AGM") of the Company held on 10 May 2016 all of the resolutions set out in the Company's Notice of AGM dated 12 April 2016 were duly passed on a show of hands.
Proxies were received by the Company from shareholders in advance of the meeting as set out in the table below. The Company has a total of 700,752,626 ordinary shares with voting rights in issue.
Resolution number | For | Against | Discretionary1 | Total Shares Voted | For/Discretionary as % of Total Shares Voted |
1 - to receive and adopt the annual report and accounts | 465,582,064 | - | 23,293 | 465,605,357 | 100.00% |
2 - to approve the final dividend | 467,276,954 | 91,800 | 23,293 | 467,392,047 | 99.98% |
3 - to approve the directors' remuneration policy | 415,895,797 | 48,741,878 | 28,702 | 464,666,377 | 89.51% |
4 - to approve the directors' remuneration report for 2015 | 377,840,016 | 75,998,979 | 28,702 | 453,867,697 | 83.26% |
5 - to re-elect Deloitte LLP as auditors | 466,717,942 | 650,812 | 23,293 | 467,392,047 | 99.86% |
6 - to authorise the directors to fix auditors' remuneration | 467,019,422 | 349,332 | 23,293 | 467,392,047 | 99.93% |
7 - to re-elect J Clare | 465,095,763 | 91,800 | 25,997 | 465,213,560 | 99.98% |
8 - to re-elect H Scott-Barrett | 465,633,938 | 1,734,816 | 23,293 | 467,392,047 | 99.63% |
9 - to re-elect K Ford | 454,747,965 | 10,442,302 | 23,293 | 465,213,560 | 97.76% |
10 - to re-elect M Bourgeois | 454,747,965 | 10,442,302 | 23,293 | 465,213,560 | 97.76% |
11 - to re-elect C Staveley | 454,747,965 | 10,442,302 | 23,293 | 465,213,560 | 97.76% |
12 - to re-elect T Hales | 467,276,201 | 92,553 | 23,293 | 467,392,047 | 99.98% |
13 - to elect W Hamman | 429,469,065 | 26,430,374 | 23,293 | 455,922,732 | 94.20% |
14 - to re-elect I Krieger | 467,276,954 | 91,800 | 23,293 | 467,392,047 | 99.98% |
15 - to re-elect L Norval | 440,333,349 | 15,566,090 | 23,293 | 455,922,732 | 96.59% |
16 - to re-elect L Whyte | 467,275,022 | 91,800 | 23,293 | 467,390,115 | 99.98% |
17 - to empower directors to allot securities | 428,801,874 | 38,566,880 | 23,293 | 467,392,047 | 91.75% |
18 - to approve the introduction of a SCRIP dividend scheme | 466,368,001 | 1,000,000 | 24,046 | 467,392,047 | 99.79% |
19 - to empower directors to disapply statutory pre-emption rights | 444,773,506 | 13,887,762 | 23,293 | 458,684,561 | 96.97% |
20 - to authorise market purchases of its own shares | 466,481,639 | 569,992 | 23,293 | 467,074,924 | 99.88% |
21 - to call a general meeting on not less than 14 days' clear notice | 412,161,108 | 55,207,646 | 23,293 | 467,392,047 | 88.19% |
1 Where shareholders have appointed the Chairman of the meeting as their proxy with discretion as to voting those votes have been cast in favour of all of the resolutions.
- ENDS -
For further information:
Capital & Regional: | Tel: 020 7932 8000 |
Hugh Scott-Barrett, Chief Executive |
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Charles Staveley, Group Finance Director |
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FTI Consulting | Tel: 020 3727 1000 |
Richard Sunderland Claire Turvey capreg@fticonsulting.com |
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Notes to editors:
About Capital & Regional plc
Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town dominant community shopping centres. Capital & Regional is listed on the main market of the London Stock Exchange and has a secondary listing on the Johannesburg Stock Exchange.
Capital & Regional owns seven shopping centres in Blackburn, Camberley, Hemel Hempstead, Luton, Maidstone, Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch and a 50% joint venture in the Buttermarket Centre, Ipswich. Capital & Regional manages these assets, which comprise over 950 retail units and attract over 1.7 million shopping visits each week, through its in-house expert property and asset management platform.
For further information see www.capreg.com.