Last checked at 9 May 2017 15:00
9 May 2017
Capital & Regional plc
Result of AGM
Capital & Regional plc (the "Company") announces that at the Annual General Meeting ("AGM") of the Company held on 9 May 2017 all of the resolutions set out in the Company's Notice of AGM dated 13 April 2017 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 702,342,500 ordinary shares with voting rights in issue.
As announced on 13 April 2017, Ken Ford did not stand for re-election and therefore stepped down as an Executive Director at the meeting.
Resolution number | For | Against | Discretionary1 | Total Shares Voted | For/ Discretionary as % of Total Shares Voted |
1 - To adopt the report and accounts | 468,677,977 | 16,883 | 5,968 | 468,700,828 | 100.00% |
2 - To approve the final dividend | 469,714,963 | 10,000 | 5,968 | 469,730,931 | 100.00% |
3 - To approve the annual report on directors' remuneration | 460,364,341 | 6,479,856 | 8,218 | 466,852,415 | 98.61% |
4 - To re-appoint Deloitte LLP as auditors | 463,708,310 | 6,016,653 | 5,968 | 469,730,931 | 98.72% |
5 - To authorise the directors to fix the remuneration of the auditors | 467,882,856 | 1,842,107 | 5,968 | 469,730,931 | 99.61% |
6 - To re-elect John Clare | 465,525,294 | 1,997,419 | 5,968 | 467,528,681 | 99.57% |
7 - To re-elect Hugh Scott-Barrett | 363,318,727 | 106,204,297 | 5,968 | 469,528,992 | 77.38% |
8 - To elect Lawrence Hutchings effective from 13 June 2017 | 467,730,091 | 1,992,622 | 8,218 | 469,730,931 | 99.58% |
9 - To re-elect Charles Staveley | 465,579,081 | 1,943,632 | 5,968 | 467,528,681 | 99.58% |
10 - To re-elect Tony Hales | 467,917,788 | 1,804,925 | 5,968 | 469,728,681 | 99.62% |
11 - To re-elect Wessel Hamman | 464,802,703 | 2,720,010 | 5,968 | 467,528,681 | 99.42% |
12 - To re-elect Ian Krieger | 467,660,006 | 2,062,707 | 5,968 | 469,728,681 | 99.56% |
13 - To re-elect Louis Norval | 464,759,338 | 2,763,375 | 5,968 | 467,528,681 | 99.41% |
14 - To re-elect Laura Whyte | 467,863,798 | 1,858,915 | 5,968 | 469,728,681 | 99.60% |
15 To elect Guillaume Poitrinal | 464,810,348 | 2,712,365 | 5,968 | 467,528,681 | 99.42% |
16 - To approve the introduction of the Deferred Bonus Share Plan | 467,322,179 | 2,400,534 | 5,968 | 469,728,681 | 99.49% |
17 - To allot securities | 451,971,730 | 17,750,983 | 5,968 | 469,728,681 | 96.22% |
18 - To disapply pre-emption rights | 454,255,725 | 15,455,353 | 7,603 | 469,718,681 | 96.71% |
19 - To disapply pre-emption rights for purposes of acquisitions or capital investments | 442,117,861 | 27,604,852 | 5,968 | 469,728,681 | 94.12% |
20 - To make market purchases of the Company's own shares in compliance with Section 693 of the Companies Act 2006 | 468,569,921 | 1,152,792 | 5,968 | 469,728,681 | 99.75% |
21 - To call a general meeting on not less than 14 clear days' notice | 425,853,053 | 43,867,880 | 7,747 | 469,728,680 | 90.66% |
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 retail 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, Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch. Capital & Regional manages these assets, which comprise over 900 lettable units and attract c. 1.7 million shopping visits each week, through its in-house expert property and asset management platform.
For further information see www.capreg.com.