3 May 2019 17:00
LEI: 213800JSNTERD5CJZO95
intu properties plc ("intu or "the Company")
Annual General Meeting Proxy Voting Figures
At the Annual General Meeting of the Company held on 3 May 2019, all resolutions proposed at the meeting were passed by vote on a show of hands. For information, the following proxy votes were received prior to the meeting.
| Proxy votes in favour | Proxy votes against | TOTAL VOTES | Votes Withheld | ||
Resolution | Votes | % | Votes | % |
|
|
1. To receive the Company's accounts, the strategic report and the reports of theDirectors and the Auditor for the year ended 31 December 2018 | 1,045,679,695 | 99.98 | 13,551 | 0.01 | 1,045,693,246 | 1,269,546 |
2. To re-elect John Strachan as a Director (Chairman) | 1,022,297,219 | 97.72 | 23,698,534 | 2.27 | 1,045,995,753 | 967,038 |
3. To re-elect John Whittaker as a Director (Deputy Chairman) | 1,029,506,219 | 98.41 | 16,489,357 | 1.58 | 1,045,995,576 | 967,216 |
4. To re-elect David Fischel (NOT PROPOSED) | n/a | n/a | n/a | n/a | n/a | n/a |
5. To re-elect Matthew Roberts as a Director (Chief Executive) | 1,029,801,689 | 98.44 | 16,194,145 | 1.55 | 1,045,995,834 | 966,958 |
6. To re-elect Adèle Anderson as a Director (Non-Executive) | 1,028,590,345 | 98.33 | 17,405,489 | 1.66 | 1,045,995,834 | 966,958 |
7. To elect Ian Burke as a Director (Non-executive) | 1,000,147,855 | 95.61 | 45,847,568 | 4.38 | 1,045,995,423 | 967,369 |
8. To appoint Deloitte LLP as Auditor | 1,027,609,625 | 98.23 | 18,379,707 | 1.76 | 1,045,989,332 | 973,460 |
9. To authorise the Audit Committee of the Board to determine the remuneration of the Auditor | 1,045,830,010 | 99.97 | 174,578 | 0.02 | 1,046,004,588 | 958,204 |
10. THAT the Directors' Remuneration Report for the year ended 31 December 2018 be approved. | 942,357,727 | 90.11 | 103,353,756 | 9.88 | 1,045,711,483 | 1,251,308 |
11. THAT the rules of the Non-approved Executive Share Option Plan be approved | 921,553,232 | 88.12 | 124,137,821 | 11.87 | 1,045,691,053 | 1,272,738 |
12. THAT the Rules of the Company Share Option Plan be approved | 921,902,513 | 88.27 | 122,445,750 | 11.72 | 1,044,348,263 | 2,614,528 |
13. To authorise the Directors to allot the unissued share capital. | 693,248,882 | 66.37 | 351,110,094 | 33.62 | 1,044,358,976 | 2,603,816 |
14. To dis-apply the pre-emption provisions of section 561(1) of the Companies Act | 936,943,907 | 89.57 | 109,042,797 | 10.42 | 1,045,986,704 | 976,088 |
15. To authorise the Company to purchase its own shares (Special Resolution) | 969,097,894 | 92.64 | 76,902,602 | 7.35 | 1,046,000,496 | 962,295 |
16. That a general meeting other than and Annual General Meeting may be called on not less than 14 clear days' notice. | 975,980,781 | 93.3 | 70,014,683 | 6.69 | 1,045,995,464 | 967,328 |
Resolution 13
The Board notes that although Resolution 13 passed with a majority of 66.37%, certain South African institutional shareholders lodged significant proxy votes against this resolution. These votes are a reflection of prevailing institutional voting guidelines in South Africa, which differ from those generally applied in the UK regarding the subject of this resolution. The Board will take into account shareholder views on this matter.