Last checked at 23 Mar 2023 14:40
23 March 2023
Crest Nicholson Holdings plc
(the 'Company')
RESULTS OF ANNUAL GENERAL MEETING
Crest Nicholson Holdings plc is pleased to announce the voting results of its Annual General Meeting ('AGM') held earlier today at the Company's Registered Office Crest House, Pyrcroft Road, Chertsey, Surrey KT16 9GN.
All resolutions were duly passed by shareholders by way of a poll.
The full details of each resolution are set out in the Notice of Meeting circulated to shareholders on 8 February 2023 (and available on the Company's website at www.crestnicholson.com/investors/shareholder-centre). The voting results, incorporating proxy votes lodged in advance of the AGM are set out below and will also be available on the Company's website www.crestnicholson.com/investors/shareholder-centre.
| Resolution
| Votes for | % of votes cast | Votes against | % of votes cast | Total votes | % of ISC voted | Votes withheld1 |
1 | Receive the report and accounts | 190,429,400 | 99.94 | 105,564 | 0.06 | 190,534,964 | 74.16% | 367,144 |
2 | Declare a final dividend | 190,863,688 | 99.98 | 34,882 | 0.02 | 190,898,570 | 74.30% | 3,538 |
3 | Re-elect Iain Ferguson CBE | 152,768,624 | 84.03 | 29,026,094 | 15.97 | 181,794,718 | 70.76% | 9,107,390 |
4 | Re-elect Peter Truscott | 190,752,830 | 99.93 | 136,084 | 0.07 | 190,888,914 | 74.30% | 13,194 |
5 | Re-elect Duncan Cooper | 190,577,720 | 99.84 | 311,065 | 0.16 | 190,888,785 | 74.30% | 13,323 |
6 | Re-elect David Arnold | 188,856,233 | 98.93 | 2,033,994 | 1.07 | 190,890,227 | 74.30% | 11,881 |
7 | Re-elect Lucinda Bell | 188,849,044 | 98.93 | 2,041,183 | 1.07 | 190,890,227 | 74.30% | 11,881 |
8 | Re-elect Louise Hardy | 187,635,753 | 98.30 | 3,253,031 | 1.70 | 190,888,784 | 74.30% | 13,324 |
9 | Re-elect Octavia Morley | 188,878,687 | 98.95 | 2,011,540 | 1.05 | 190,890,227 | 74.30% | 11,881 |
10 | Re-appoint PwC as auditors | 190,836,836 | 99.97 | 61,734 | 0.03 | 190,898,570 | 74.30% | 3,538 |
11 | Authorise Audit & Risk Committee to determine auditor's remuneration | 190,876,037 | 99.99 | 21,533 | 0.01 | 190,897,570 | 74.30% | 4,538 |
12 | Approve the Directors' Remuneration Report (excluding the Directors' Remuneration Policy) | 179,320,991 | 94.44 | 10,567,076 | 5.56 | 189,888,067 | 73.91% | 1,014,041 |
13 | Approve the Directors' Remuneration Policy | 185,680,904 | 97.28 | 5,199,216 | 2.72 | 190,880,120 | 74.30% | 21,988 |
14 | Authority to allot shares | 189,152,944 | 99.09 | 1,743,768 | 0.91 | 190,896,712 | 74.30% | 5,396 |
15 | Disapply pre-emption rights* | 187,886,341 | 98.42 | 3,011,524 | 1.58 | 190,897,865 | 74.30% | 4,243 |
16 | Disapply the application of pre-emption rights for acquisitions or capital investment* | 185,996,777 | 97.44 | 4,893,504 | 2.56 | 190,890,281 | 74.30% | 11,827 |
17 | Purchase own shares* | 190,463,244 | 99.97 | 58,474 | 0.03 | 190,521,718 | 74.16% | 380,390 |
18 | Calling general meetings on 14 days' notice* | 188,510,125 | 98.75 | 2,386,760 | 1.25 | 190,896,885 | 74.30% | 5,223 |
19 | Approve the Company's Long-Term Incentive Plan 2023 | 189,477,965 | 99.26 | 1,409,169 | 0.74 | 190,887,134 | 74.30% | 14,974 |
20 | Approve the Company's Savings-Related Share Option Scheme 2023 | 190,562,554 | 99.83 | 330,856 | 0.17 | 190,893,410 | 74.30% | 8,698 |
*Special resolutions
Notes
1 A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for or against a resolution.
Resolutions 1 to 14,19 and 20 were ordinary resolutions, requiring more than 50% of shareholders' votes to be cast in favour of the resolutions.
Resolutions 15 to 18 were special resolutions, requiring at least 75% of shareholders' votes to be cast in favour of the resolutions.
No other resolutions were put to the meeting.
The number of shares in issue as at the date of this announcement is 256,920,539.
Copies of the resolutions passed, other than resolutions concerning ordinary business, will be submitted to the Financial Conduct Authority's National Storage Mechanism, in accordance with Listing Rule 9.6.2.
For further information:
Kevin Maguire, General Counsel & Company Secretary +44 (0) 1932 580 555
Crest Nicholson Holdings plc