Last checked at 21 May 2021 07:00
21 May 2021
CAPITAL & REGIONAL PLC
UK company number 01399411
LSE share code: CAL
ISIN: GB00BL6XZ716
LEI: 21380097W74N9OYF5Z25
Capital & Regional plc
Result of AGM
Capital & Regional plc (the "Company") announces that at the Annual General Meeting ("AGM") of the Company held on 20 May 2021 all of the resolutions set out in the Company's Notice of AGM dated 20 April 2021 were duly passed on a poll with the results as stated below.
The Company has a total of 111,819,626 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 | 83,428,118 | 100.00% | 772 | 0.00% | 83,428,890 | 74.61% | 2,100 |
2 - To approve the annual report on directors' remuneration | 82,908,367 | 99.66% | 282,881 | 0.34% | 83,191,248 | 74.40% | 239,742 |
3 - To re-appoint Deloitte LLP as auditors | 82,230,693 | 98.57% | 1,196,986 | 1.43% | 83,427,679 | 74.61% | 3,311 |
4 - To authorise the directors to fix the remuneration of the auditors | 83,425,610 | 100.00% | 3,280 | 0.00% | 83,428,890 | 74.61% | 2,100 |
5 - To re-elect David Hunter as a director of the Company | 82,169,850 | 98.49% | 1,257,429 | 1.51% | 83,427,279 | 74.61% | 3,711 |
6 - To re-elect Lawrence Hutchings as a director of the Company | 83,426,444 | 100.00% | 835 | 0.00% | 83,427,279 | 74.61% | 3,711 |
7 - To re-elect Stuart Wetherly as a director of the Company | 83,415,852 | 100.00% | 769 | 0.00% | 83,416,621 | 74.60% | 14,369 |
8 - To re-elect Ian Krieger as a director of the Company | 83,426,444 | 100.00% | 835 | 0.00% | 83,427,279 | 74.61% | 3,711 |
9 - To re-elect George Muchanya as a director of the Company | 82,516,143 | 98.91% | 912,347 | 1.09% | 83,428,490 | 74.61% | 2,500 |
10 - To re-elect Louis Norval as a director of the Company | 82,515,018 | 98.91% | 912,261 | 1.09% | 83,427,279 | 74.61% | 3,711 |
11 - To re-elect Norbert Sasse as a director of the Company | 82,504,350 | 98.89% | 922,929 | 1.11% | 83,427,279 | 74.61% | 3,711 |
12 - To elect Katie Wadey as a director of the Company | 83,427,581 | 100.00% | 909 | 0.00% | 83,428,490 | 74.61% | 2,500 |
13 - To re-elect Laura Whyte as a director of the Company | 83,426,275 | 100.00% | 2,215 | 0.00% | 83,428,490 | 74.61% | 2,500 |
14 - To allot securities. | 82,666,646 | 99.09% | 762,196 | 0.91% | 83,428,842 | 74.61% | 2,148 |
15 - Special resolution - To disapply pre-emption rights | 82,709,729 | 99.14% | 719,113 | 0.86% | 83,428,842 | 74.61% | 2,148 |
16 - Special resolution - To disapply pre-emption rights for purposes of acquisitions or capital investments | 82,660,321 | 99.08% | 768,520 | 0.92% | 83,428,841 | 74.61% | 2,149 |
17 - Special resolution - To make market purchases of the Company's own shares in compliance with Section 693 of the Companies Act 2006 | 82,516,505 | 98.91% | 912,385 | 1.09% | 83,428,890 | 74.61% | 2,100 |
18 - Special resolution - To call a general meeting on not less than 14 clear days' notice | 82,689,272 | 99.11% | 739,608 | 0.89% | 83,428,880 | 74.61% | 2,110 |
1Where 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.
2A 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.
Votes of independent shareholders on the resolutions concerning the election or re-election of the independent Non-executive Directors:
Resolution number | For | % For | Against | % Against | Total Shares Voted | % Shares Voted | Votes Withheld |
5 - To re-elect David Hunter | 23,908,784 | 95.00% | 1,257,429 | 5.00% | 25,166,213 | 46.99% | 3,711 |
8 - To re-elect Ian Krieger | 25,165,378 | 100.00% | 835 | 0.00% | 25,166,213 | 46.99% | 3,711 |
12 - To elect Katie Wadey | 25,166,515 | 100.00% | 909 | 0.00% | 25,167,424 | 46.99% | 2,500 |
13 - To re-elect Laura Whyte | 25,165,209 | 99.99% | 2,215 | 0.01% | 25,167,424 | 46.99% | 2,500 |
As previously announced, Tony Hales did not seek re-election and stepped down as Senior Independent Director and Non-Executive Director at the conclusion of the meeting.
Ian Krieger assumed the role of Senior Independent Director and Laura Whyte assumed the role of Remuneration Committee Chair from the close of the meeting.
- ENDS -
For further information:
Capital & Regional plc 020 7932 8000
Lawrence Hutchings
Stuart Wetherly
capinfo@capreg.com
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 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