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28 Apr 2016 17:28
28th April 2016
LSL Property Services plc
Results of Annual General Meeting
At the Annual General Meeting of LSL Property Services plc held at 4.30pm today, all resolutions set out in the Notice of the Meeting, other than resolution 15, were passed by shareholders. Details of the votes cast are set out below.
The Board has noted the vote against Resolution 15 and will be discussing this with major shareholders.
82,717,265 proxy votes were received representing 79.41% of the issued share capital.
The following table gives details of the proxy votes lodged with LSL's Registrar:
Resolution | Total Votes For/Discretion (%)* | Total Votes Against(%) | Total VotesWithheld |
1. To receive and adopt LSL's Annual Accounts for the year ended 31st December 2015, together with the Directors' Report and Auditors' Report on those accounts | 82,717,265 (100.00) | 0 (0) | 0 |
2. To approve the Directors' Remuneration Report contained within LSL's Annual Report and Accounts 2015 for the year ended 31st December 2015 | 82,458,028 (99.69) | 259,237 (0.31) | 0 |
3. To approve the proposed final dividend of 8.6 pence per share in respect of the year ended 31st December 2015 | 82,715,414 (99.99) | 1,851 (0.01) | 0 |
4. To elect Kumsal Bayazit Besson as a director | 82,653,977 (99.92) | 62,249 (0.08) | 1,039
|
5. To re-elect Helen Buck as a director | 82,654,777 (99.93) | 61,449 (0.07) | 1,039 |
6. To re-elect Ian Crabb as a director | 82,635,226 (99.90) | 81,000 (0.10) | 1,039 |
7. To elect Adam Castleton as a director | 82,637,077 (99.90) | 79,149 (0.10) | 1,039 |
8. To re-elect Simon Embley as a director | 82,605,697 (99.87) | 110,529 (0.13) | 1,039 |
9. To re-elect Adrian Gill as a director | 82,633,661 (99.90) | 79,949 (0.10) | 3,655 |
10. To re-elect Bill Shannon as director | 82,653,977 (99.92) | 62,249 (0.08) | 1,039 |
11. To elect David Stewart | 82,654,777 (99.93) | 61,449 (0.07) | 1,039 |
12. To reappoint Ernst & Young LLP as auditors to LSL | 82,689,649 (99.97) | 27,616 (0.03) | 0 |
13. To authorise the directors to determine the auditors' remuneration | 82,717,265 (100.00) | 0 (0) | 0 |
14. To authorise the directors to allot shares | 77,298,666 (93.45) | 5,418,599 (6.55) | 0 |
15. To disapply pre-emption rights (Special Resolution) | 60,672,993 (73.35) | 22,044,272 (26.65) | 0 |
16. To authorise LSL to purchase its own Ordinary Shares (Special Resolution) | 82,695,270 (99.97) | 21,995 (0.03) | 0 |
17. To authorise the making of political donations | 76,682,021 (92.70) | 6,035,244 (7.30) | 0 |
18. To the authorise the holding of a general meeting on not less than 14 days' notice (Special Resolution) | 71,689,307 (86.67) | 11,027,958 (13.33) | 0 |
19. To approve the establishment of the Sharesave Plan (SAYE) | 82,716,465 (99.99) | 800 (0.01) | 0
|
20. To approve the establishment of the Long Term Incentive Plan (LTIP) | 82,518,665 (99.76) | 198,600 (0.24) | 0 |
21. To approve the establishment of the Company Share Option Plan (CSOP) | 82,625,549 (99.89) | 91,716 (0.11) | 0 |
22. To approve the establishment of the Deferred Share Bonus Plan (DSP) | 82,598,614 (99.86) | 118,651 (0.14) | 0 |
23. To authorise the Directors to establish Share Plans in overseas territories. | 82,653,165 (99.92) | 64,100 (0.08) | 0 |
* Votes received supporting the resolution or granting the Chairman discretion to vote on their behalf in respect of the resolution.
Copies of the special business resolutions passed at the Annual General Meeting have been submitted to the UK Listing Authority and will shortly be available through the National Storage Mechanism hosted by Morningstar plc on behalf of the UK Listing Authority
For further information please contact:
LSL Property Services plc
Sapna B FitzGerald,
Company Secretary 01904 698 850
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