Last checked at 11 Jul 2017 12:43
11 July 2017
LONDONMETRIC PROPERTY PLC
("LondonMetric" or "Group" or "Company")
RESULT OF AGM
LondonMetric Property Plc announces that at its Annual General Meeting held earlier today, Tuesday 11 July 2017, all resolutions were duly passed on a show of hands.
In accordance with 9.6.2(R) of the Listing Rules, a copy of the resolutions passed at the Annual General Meeting is being submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.
There were 692,972,064 ordinary shares in issue at the close of business on 7 July 2017 (being the total number of shares entitling holders to attend and vote at the AGM).
Proxies were received by the Company from Shareholders before the meeting as follows.
Resolution | For Votes | % of votes cast* | Against Votes | % of votes cast* | Withheld Votes | |
1 | Approve Annual Report & Accounts | 491,494,404 | 97.72% | 11,453,145 | 2.28% | 99,708 |
2 | Approve Remuneration Policy | 492,623,371 | 98.92% | 5,370,453 | 1.08% | 5,053,433 |
3 | Approve Remuneration Report | 490,941,362 | 97.60% | 12,049,738 | 2.40% | 56,157 |
4 | Reappoint Deloitte LLP as Company Auditor | 501,733,352 | 99.74% | 1,305,738 | 0.26% | 8,167 |
5 | Authorise Auditors' remuneration | 501,927,762 | 99.78% | 1,119,495 | 0.22% | 0 |
6 | Re-election of Patrick Vaughan | 429,360,744 | 92.38% | 35,412,874 | 7.62% | 38,273,639 |
7 | Re-election of Andrew Jones | 501,923,405 | 99.78% | 1,121,699 | 0.22% | 2,153 |
8 | Re-election of Martin McGann | 501,462,063 | 99.69% | 1,576,699 | 0.31% | 8,495 |
9 | Re-election of Valentine Beresford | 501,917,063 | 99.78% | 1,121,699 | 0.22% | 8,495 |
10 | Re-election of Mark Stirling | 501,917,563 | 99.78% | 1,121,199 | 0.22% | 8,495 |
11 | Re-election of James Dean | 501,097,137 | 99.61% | 1,943,434 | 0.39% | 6,686 |
12 | Re-election of Alec Pelmore | 502,020,034 | 99.80% | 1,018,728 | 0.20% | 8,495 |
13 | Re-election of Andrew Varley | 502,475,534 | 99.89% | 563,228 | 0.11% | 8,495 |
14 | Re-election of Philip Watson | 502,475,534 | 99.89% | 563,228 | 0.11% | 8,495 |
15 | Re-election of Rosalyn Wilton | 502,472,646 | 99.89% | 566,116 | 0.11% | 8,495 |
16 | Re-election of Andrew Livingston | 502,475,034 | 99.89% | 563,728 | 0.11% | 8,495 |
17 | Authorise Directors to allot shares and equity securities | 473,989,974 | 94.22% | 29,050,941 | 5.78% | 6,342 |
18 | Disapply Section 561 of Companies Act 2006 in respect of allotments** | 501,816,005 | 99.76% | 1,213,101 | 0.24% | 18,151 |
19 | Disapply Section 561 of Companies Act 2006 in respect of specified allotments ** | 488,875,574 | 97.32% | 13,451,834 | 2.68% | 719,849 |
20 | Authorise Company to make market purchases of ordinary shares** | 496,969,208 | 98.88% | 5,634,841 | 1.12% | 443,208 |
21 | Authorise Company to call a general meeting with no less than 14 days' notice** | 477,308,048 | 94.88% | 25,732,066 | 5.12% | 7,142 |
* excluding votes withheld
** these resolutions were proposed as Special Business
-Ends-
LondonMetric Property Plc
Andrew Jones / Martin McGann
Tel: +44 (0) 20 7484 9000
FTI Consulting
Dido Laurimore/ Tom Gough / Richard Gotla
Tel: +44 (0) 20 3727 1000
Notes to editors:
LondonMetric is a FTSE 250 REIT (ticker: LMP) that specialises in retailer-led distribution, convenience and out of town retail with a focus on strong and growing income and adding value through asset management initiatives and short cycle developments. LondonMetric has 12 million sq ft under management and a high proportion of its assets are in retailer-led distribution.
Further information on LondonMetric is available at www.londonmetric.com.