11 Jun 2019 15:21
11 June 2019
Hansteen Holdings PLC
("Hansteen")
Result of Annual General Meeting
Hansteen (LSE: HSTN), the industrial property investor, announces that at its Annual General Meeting held earlier today, Tuesday 11 June 2019 all resolutions were duly passed by way of a poll.
In accordance with Listing Rule 9.6.2R, copies of all resolutions passed at the meeting, other than resolutions concerning ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm.
The votes received in respect of the resolutions proposed represented a total of 79.29% of the 427,302,372 ordinary shares in issue (there are no shares held in treasury) as at the date of the meeting (each ordinary share carries one vote). The results were as follows:
|
| For | Against | Withheld | Total Votes cast | ||
Resolution | Votes | % of votes cast* | Votes | % of votes cast* | Votes | (excluding Withheld) | |
1 | Receive the audited Annual Accounts | 337,490,523 | 99.98% | 70,903 | 0.02% | 1,259,061 | 337,561,426 |
2 | Approve the Annual Report on Remuneration | 241,996,765 | 73.13% | 88,921,920 | 26.87% | 7,901,802 | 330,918,685 |
3 | Approve Director Remuneration Policy Report | 319,815,387 | 94.75% | 17,711,262 | 5.25% | 1,293,838 | 337,526,649 |
4 | Re-elect Ian Watson | 333,046,149 | 98.30% | 5,765,213 | 1.70% | 9,126 | 338,811,362 |
5 | Re-elect Morgan Jones | 333,046,149 | 98.30% | 5,765,213 | 1.70% | 9,126 | 338,811,362 |
6 | Re-elect Rick Lowes | 333,361,573 | 98.39% | 5,449,789 | 1.61% | 9,126 | 338,811,362 |
7 | Re-elect Melvyn Egglenton | 206,612,554 | 62.53% | 123,791,223 | 37.47% | 8,416,710 | 330,403,777 |
8 | Re-elect David Rough | 304,678,939 | 89.93% | 34,122,223 | 10.07% | 19,326 | 338,801,162 |
9 | Re-elect Jim Clarke | 304,974,376 | 90.01% | 33,836,986 | 9.99% | 9,126 | 338,811,362 |
10 | Re-appoint auditors | 337,327,145 | 99.56% | 1,479,605 | 0.44% | 13,737 | 338,806,750 |
11 | Authorise the Audit Committee to determine auditor's remuneration | 338,285,927 | 99.84% | 533,261 | 0.16% | 1,300 | 338,819,188 |
12 | Political Donations | 336,432,975 | 99.45% | 1,877,244 | 0.55% | 510,269 | 338,310,219 |
13 | Authority to allot shares | 323,306,591 | 95.42% | 15,512,897 | 4.58% | 1,000 | 338,819,488 |
14 | Disapply pre-emption rights** | 338,269,466 | 99.84% | 547,965 | 0.16% | 3,057 | 338,817,431 |
15 | Disapply pre-emption rights for the purpose of acquisitions or capital investment** | 337,348,748 | 99.57% | 1,467,409 | 0.43% | 4,330 | 338,816,157 |
16 | Authority to purchase own shares** | 336,477,758 | 99.60% | 1,340,046 | 0.40% | 1,002,683 | 337,817,804 |
17 | Short notice general meetings** | 323,083,193 | 95.36% | 15,734,695 | 4.64% | 2,600 | 338,817,888 |
* Excluding withheld votes
** Special resolutions
The Board notes the votes from shareholders against Resolution 2, concerning the 2018 Remuneration Report and Resolution 7, concerning the re-election of the Chairman, Melvyn Egglenton.
Both the Chairman Melvyn Egglenton and the senior independent director, David Rough, will be consulting with the larger shareholders to understand their concerns.
For further information:
Anne-Marie Wells | Jeremy Carey/Charlotte Dale |
Link Company Matters Limited Company Secretary | Tavistock |
Tel: 020 7954 9685 | Tel: 020 7920 3150 |