25 Apr 2018 16:00
intu properties plc
LEI: 213800JSNTERD5CJZO95
Regulated Information Classification: Additional regulated information required to be disclosed under the laws of a Member State of the EU
25 April 2018
RESULTS OF PROXY VOTING AT THE ANNUAL GENERAL MEETING
At the Annual General Meeting held on 25 April 2018, 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:
Resolutions: | For: | % | Against: | % | Total votes cast: | Withheld: | |
1. | To receive the Company's accounts, the strategic report and the reports of the Directors and the Auditors for the year ended 31 December 2017. | 1,032,222,347 | 99.95 | 502,598 | 0.05 | 1,032,724,945 | 190,572 |
2. | To declare a final dividend of 9.4 pence per ordinary share. | 1,032,538,627 | 99.99 | 1,463 | 0.01 | 1,032,540,090 | 375,427 |
3. | To re-elect John Strachan as a Director (Chairman). | 995,532,421 | 97.13 | 29,438,788 | 2.87 | 1,024,971,209 | 7,944,306 |
4. | To re-elect John Whittaker as a Director (Deputy Chairman). | 992,624,398 | 96.11 | 40,143,686 | 3.89 | 1,032,768,084 | 147,431 |
5. | To re-elect David Fischel as a Director (Chief Executive). | 1,026,332,119 | 99.38 | 6,436,620 | 0.62 | 1,032,768,739 | 146,778 |
6. | To re-elect Matthew Roberts as a Director (Chief Financial Officer). | 1,024,390,433 | 99.19 | 8,378,294 | 0.81 | 1,032,768,727 | 146,790 |
7. | To re-elect Adèle Anderson as a Director (Non-Executive). | 1,031,930,763 | 99.92 | 837,764 | 0.08 | 1,032,768,527 | 146,990 |
8. | To re-elect Richard Gordon as a Director (Non-Executive). | 997,162,036 | 96.55 | 35,606,689 | 3.45 | 1,032,768,725 | 146,790 |
9. | To re-elect Rakhi Goss-Custard as a Director (Non-Executive). | 1,006,305,721 | 97.44 | 26,462,780 | 2.56 | 1,032,768,501 | 147,016 |
10. | To re-elect Louise Patten as a Director (Non-Executive). | 1,020,425,434 | 98.8 | 12,342,623 | 1.2 | 1,032,768,057 | 147,460 |
11. | To re-elect Andrew Strang as a Director (Non-Executive). | 1,032,739,137 | 99.99 | 29,590 | 0.01 | 1,032,768,727 | 146,790 |
12. | To re-appoint PricewaterhouseCoopers LLP as Auditors. | 1,005,908,512 | 97.4 | 26,857,722 | 2.6 | 1,032,766,234 | 149,282 |
13. | To authorise the Audit Committee of the Board to determine the remuneration of the Auditor. | 1,032,110,100 | 99.94 | 592,145 | 0.06 | 1,032,702,245 | 213,272 |
14. | To approve the Directors' Remuneration Report for the year ended 31 December 2017. | 999,332,863 | 97.29 | 27,783,752 | 2.71 | 1,027,116,615 | 5,798,901 |
15. | To authorise the Directors to allot new shares. | 691,464,569 | 67.17 | 338,012,687 | 32.83 | 1,029,477,256 | 3,438,261 |
16. | To dis-apply the pre-emption provisions of section 561(1) of theCompanies Act 2006 (Special Resolution). | 989,284,177 | 95.95 | 41,793,089 | 4.05 | 1,031,077,266 | 1,838,251 |
17. | To authorise the Company to purchase its own shares (Special Resolution). | 1,002,437,108 | 97.06 | 30,323,266 | 2.94 | 1,032,760,374 | 155,142 |
18. | That a general meeting other than an Annual General Meeting may be called on not less than 14 clear days' notice (Special Resolution). | 970,638,213 | 93.99 | 62,114,953 | 6.01 | 1,032,753,166 | 162,351 |
Notes
1. Any proxy appointments which gave discretion to the Chairman have been included in the 'for' total.
2. A 'vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes for or against a resolution.
3. Total voting rights of shares in issue: 1,355,040,243. Every shareholder has one vote for every ordinary share held.
* The Board notes that, although all of the resolutions passed, certain South African institutional shareholders have lodged significant proxy votes against Resolution 15, reflected in the above tabled results. These votes are a reflection of, and in accordance with, prevailing institutional voting guidelines in South Africa, which differ from those generally applied in the UK regarding the subjects of this resolution. The Board notes that the authority granted today by shareholders in respect of resolution 15 falls within the Investment Association's Share Capital Management Guidelines.
In accordance with LR 9.6.2, a copy of the resolutions passed at the meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM
This announcement can also be viewed on intu properties plc's website at: intugroup.co.uk
Enquiries:
Susan Marsden
Group Company Secretary
Telephone +44 207 887 7073