Last checked at 17 May 2019 07:00
17 May 2019
Capital & Regional plc
Result of AGM
Capital & Regional plc (the "Company") announces that at the Annual General Meeting ("AGM") of the Company held on 16 May 2019 all of the resolutions set out in the Company's Notice of AGM dated 15 April 2019 were duly passed on a poll with the results as stated below.
The Company has a total of 726,389,117 ordinary shares with voting rights in issue.
Resolution number | For | % For | Against | % Against | Total Shares Voted | % Shares Voted | Votes Withheld |
1 - To adopt the report and accounts | 547,549,656 | 99.99% | 49,153 | 0.01% | 547,598,809 | 75.39% | 211,111 |
2 - To approve the final dividend | 494,661,980 | 90.30% | 53,147,941 | 9.70% | 547,809,921 | 75.42% | 0 |
3 - To approve the Directors' Remuneration Policy | 458,092,583 | 87.78% | 63,784,926 | 12.22% | 521,877,509 | 71.85% | 25,932,411 |
4 - To approve the annual report on directors' remuneration | 426,359,828 | 89.52% | 49,887,357 | 10.48% | 476,247,185 | 65.56% | 71,562,735 |
5 - To re-appoint Deloitte LLP as auditors | 531,343,191 | 97.00% | 16,418,453 | 3.00% | 547,761,644 | 75.41% | 3,276 |
6 - To authorise the directors to fix the remuneration of the auditors | 547,684,809 | 99.98% | 121,835 | 0.02% | 547,806,644 | 75.42% | 3,276 |
7 - To re-elect Hugh Scott-Barrett | 478,702,429 | 87.39% | 69,103,237 | 12.61% | 547,805,666 | 75.41% | 4,254 |
8 - To re-elect Lawrence Hutchings | 546,887,154 | 99.83% | 918,513 | 0.17% | 547,805,667 | 75.41% | 4,254 |
9 - To elect Stuart Wetherly | 546,139,249 | 99.82% | 998,211 | 0.18% | 547,137,460 | 75.32% | 672,461 |
10 - To re-elect Tony Hales | 517,061,957 | 94.39% | 30,743,709 | 5.61% | 547,805,666 | 75.41% | 3,487 |
11 - To re-elect Wessel Hamman | 532,010,073 | 97.12% | 15,795,593 | 2.88% | 547,805,666 | 75.41% | 4,254 |
12 - To re-elect Ian Krieger | 530,240,992 | 96.79% | 17,564,675 | 3.21% | 547,805,667 | 75.41% | 4,254 |
13 - To re-elect Louis Norval | 532,010,073 | 97.12% | 15,795,593 | 2.88% | 547,805,666 | 75.41% | 4,254 |
14 - To re-elect Laura Whyte | 547,053,940 | 99.86% | 751,727 | 0.14% | 547,805,667 | 75.41% | 4,254 |
15 - To approve the Combined Incentive Plan 2019 | 459,436,818 | 88.03% | 62,459,099 | 11.97% | 521,895,917 | 71.85% | 25,914,003 |
16 - To allot securities | 487,362,322 | 88.97% | 60,443,556 | 11.03% | 547,805,878 | 75.41% | 4,043 |
17 - To disapply pre-emption rights. | 501,112,033 | 91.48% | 46,673,064 | 8.52% | 547,785,097 | 75.41% | 24,824 |
18 - To disapply pre-emption rights for purposes of acquisitions or capital investments | 501,308,366 | 91.51% | 46,497,512 | 8.49% | 547,805,878 | 75.41% | 4,043 |
19 - To make market purchases of the Company's own shares in compliance with Section 693 of the Companies Act 2006 | 547,006,577 | 99.87% | 730,106 | 0.13% | 547,736,683 | 75.41% | 73,238 |
20 - To call a general meeting on not less than 14 clear days' notice | 519,614,570 | 94.85% | 28,192,614 | 5.15% | 547,807,184 | 75.42% | 2,737 |
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.
2 A vote withheld is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.
- ENDS -
For further information:
Capital & Regional plc 020 7932 8000
Lawrence Hutchings
Charles Staveley
FTI Consulting 020 3727 1000
Richard Sunderland
Claire Turvey
Methuselah Tanyanyiwa
capreg@fticonsulting.com
About Capital & Regional plc
Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering significant value enhancing retail and leisure asset management opportunities across its c. £0.9 billion portfolio of in-town, dominant community shopping centres.
Capital & Regional owns seven shopping centres in Blackburn, Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood Green. Capital & Regional manages these assets through its in-house expert property and asset management platform.
For further information see www.capreg.com.