7 Jul 2016 15:30
Result of AGM
Resolutions passed at Annual General Meeting
Thursday 7 July 2016
Great Portland Estates plc (the "Company") announces the results of voting on the resolutions at its Annual General Meeting ("AGM") held on Thursday 7 July 2016, as set out in the AGM notice.
A poll was held on each of the resolutions. Resolutions 1 to 13 (ordinary resolutions) and resolutions 14 to 17 (special resolutions) were all passed by the required majority. The results of the poll were as follows:
Resolution | Votes for | % | Votes Against | % | Total | % of issued share capital | Votes withheld* | |||
Ordinary resolutions | ||||||||||
1 | To receive and adopt the audited financial statements together with the directors' and auditors' reports for the year ended 31 March 2016. | 284,731,357 | 99.94% | 167,133 | 0.06% | 284,898,490 | 82.84 | 801,354 | ||
2 | To authorise the payment of a final dividend for the year ended 31 March 2016. | 285,149,024 | 99.96% | 118,249 | 0.04% | 285,267,273 | 82.94 | 432,571 | ||
3 | To approve the Directors' remuneration report, other than the part containing the Director's remuneration policy, for the year ended 31 March 2016. | 275,284,604 | 96.46% | 10,104,154 | 3.54% | 285,388,758 | 82.98 | 311,086 | ||
4 | To re-elect Toby Courtauld as a director of the Company. | 284,035,100 | 99.42% | 1,661,344 | 0.58% | 285,696,444 | 83.07 | 3,400 | ||
5 | To re-elect Nick Sanderson as a director of the Company. | 283,283,941 | 99.42% | 1,661,503 | 0.58% | 284,945,444 | 82.85 | 754,400 | ||
6 | To re-elect Neil Thompson as a director of the Company. | 283,158,155 | 99.37% | 1,787,289 | 0.63% | 284,945,444 | 82.85 | 754,400 | ||
7 | To re-elect Martin Scicluna as a director of the Company. | 277,401,949 | 97.58% | 6,876,058 | 2.42% | 284,278,007 | 82.66 | 1,421,837 | ||
8 | To re-elect Elizabeth Holden as a director of the Company. | 285,634,604 | 99.98% | 61,840 | 0.02% | 285,696,444 | 83.07 | 3,400 | ||
9 | To elect Charles Philipps as a director of the Company. | 284,875,502 | 99.71% | 820,942 | 0.29 | 285,696,444 | 83.07 | 3,400 | ||
10 | To re-elect Jonathan Short as a director of the Company. | 280,566,080 | 98.20% | 5,130,364 | 1.80% | 285,696,444 | 83.07 | 3,400 | ||
11 | To reappoint Deloitte LLP as auditors. | 274,926,563 | 96.23% | 10,768,831 | 3.77% | 285,695,394 | 83.07 | 4,450 | ||
12 | To authorise the Audit Committee to agree the remuneration of the auditors. | 284,544,187 | 99.60% | 1,150,952 | 0.40% | 285,695,139 | 83.07 | 4,705 | ||
13 | To renew the directors' authority to allot shares. | 270,347,436 | 95.05% | 14,077,521 | 4.95% | 284,424,957 | 82.70 | 1,274,887 | ||
Special resolutions | ||||||||||
14 | To renew the director's limited authority to allot equity securities for cash. | 282,799,148 | 99.91% | 250,299 | 0.09% | 283,049,447 | 82.30 | 2,650,397 | ||
15 | To grant the directors additional limited authority to allot equity securities for cash as contemplated by the Pre-emption Group's Statement of Principles. | 271,686,558 | 95.99% | 11,361,389 | 4.01% | 283,047,947 | 82.30 | 2,651,897 | ||
16 | To renew the authority enabling the Company to buy its own shares. | 267,238,323, | 93.54% | 18,457,445 | 6.46% | 285,695,768 | 83.07 | 4,076 | ||
17 | To authorise the calling of general meetings (other than an annual general meeting) on not less than 14 clear days' notice. | 250,044,075 | 87.52% | 35,652,384 | 12.48% | 285,696,459 | 83.07 | 3,385 | ||
Notes:
*A vote withheld is not a vote in law and therefore cannot be counted in the calculation of the proportion of votes for and against a resolution.
As at the date of the AGM, the number of issued shares of the Company was 343,926,149 shares of 12.5 pence each, which was the total number of shares entitling the holders to attend and vote for or against all resolutions.
In accordance with Listing Rule 9.6.2 a copy of the resolutions passed at the Annual General Meeting will be available via the National Storage Mechanism, which can be accessed at http://www.morningstar.co.uk/uk/NSM