Last checked at 6 Jul 2023 12:55
6 July 2023
Land Securities Group PLC (the "Company")
Voting results of Annual General Meeting
The Company announces the voting results of its Annual General Meeting ("AGM") held earlier today at 80 Victoria Street, London, SW1E 5JL. All resolutions, as set out in the Notice of Meeting dated 6 June 2023, were passed with the requisite majority by means of a poll.
Resolutions 1 to 17 were passed as Ordinary Resolutions and resolutions 18 to 20 were passed as Special Resolutions.
| RESOLUTION | VOTESFOR* | % FOR | VOTESAGAINST | TOTAL VOTES FOR / AGAINST | VOTESWITHHELD** |
1. | To receive the 2023 Annual Report | 556,994,002 | 100.00 | 6,406 | 557,000,408 | 451,917 |
2. | To approve the Annual Report on Remuneration | 510,474,441 | 92.16 | 43,421,946 | 553,896,387 | 3,555,938 |
3. | To declare a final dividend of 12p per ordinary share | 556,214,930 | 99.80 | 1,106,871 | 557,321,801 | 130,524 |
4. | To elect Sir Ian Cheshire as a Director | 526,890,855 | 94.54 | 30,419,059 | 557,309,914 | 142,411 |
5. | To elect Miles Roberts as a Director | 552,532,834 | 99.14 | 4,771,235 | 557,304,069 | 148,256 |
6. | To re-elect Mark Allan as a Director | 552,537,424 | 99.14 | 4,767,899 | 557,305,323 | 147,002 |
7. | To re-elect Vanessa Simms as a Director | 556,712,566 | 99.89 | 590,413 | 557,302,979 | 149,346 |
8. | To re-elect Edward Bonham Carter as a Director | 522,919,167 | 93.86 | 34,179,258 | 557,098,425 | 353,900 |
9. | To re-elect Nicholas Cadbury as a Director | 540,924,775 | 97.06 | 16,381,862 | 557,306,637 | 145,688 |
10. | To re-elect Madeleine Cosgrave as a Director | 557,248,940 | 99.99 | 55,046 | 557,303,986 | 148,339 |
11. | To re-elect Christophe Evain as a Director | 534,386,731 | 95.89 | 22,921,024 | 557,307,755 | 144,570 |
12. | To re-elect Manjiry Tamhane as a Director | 552,154,218 | 99.08 | 5,153,138 | 557,307,356 | 144,969 |
13. | To re-appoint Ernst & Young LLP as auditor | 554,505,128 | 99.50 | 2,807,595 | 557,312,723 | 139,602 |
14. | To authorise the Audit Committee to determine the remuneration of the auditor | 555,940,814 | 99.75 | 1,370,047 | 557,310,861 | 141,464 |
15. | To authorise the Company to make political donations | 554,308,160 | 99.89 | 584,334 | 554,892,494 | 2,559,831 |
16. | To authorise the Directors to allot securities | 520,239,559 | 93.35 | 37,068,873 | 557,308,432 | 143,893 |
17. | To approve the Company's 2023 Share Incentive Plan | 557,037,149 | 99.95 | 267,936 | 557,305,085 | 147,240 |
18. | To authorise the Directors to disapply pre-emption rights | 529,704,401 | 95.05 | 27,607,840 | 557,312,241 | 140,084 |
19. | To authorise the Directors to disapply pre-emption rights for the purposes of acquisitions or capital investments | 505,537,376 | 91.48 | 47,094,827 | 552,632,203 | 4,820,122 |
20. | To authorise the Company to make market purchases of its own shares | 555,433,150
| 99.71
| 1,621,425
| 557,054,575
| 397,750
|
The Company held the Annual General Meeting at the Company's registered office with the requisite amount of shareholders in attendance as required to form a quorum under the Company's articles of association. All valid proxy votes and voting instructions (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting.
* Includes discretionary votes
**A vote withheld is not a vote in law and is therefore not included in the calculation of total votes For/Against
· Total voting rights at 6 July 2023: 741,548,494 Ordinary shares of 102/3p each
· Number of votes per share: One
· Total number of votes cast: 557,312,723 Ordinary shares (i.e 75.16% turnout)
In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business will shortly be available for inspection on the National Storage Mechanism at https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism
A copy of the voting results shown above is also available on the Company's website at https://landsec.com/investors/shareholders-equity-investors/annual-general-meeting
END
For further information, please contact:
Land Securities Group PLC
Marina Thomas
Company Secretary
Tel: +44 (0) 207 024 3868
6 July 2023