1 Apr 2021 14:17
Date of issue: 1 April 2021
LEI: 213800WMV4WVES8TQH05
St. Modwen Properties PLC
("St. Modwen" or the "Company")
Result of Voting at 2021 Annual General Meeting
St. Modwen announces that all resolutions were passed by the requisite majorities on a poll at the Company's Annual General Meeting ("AGM") held on Thursday, 1 April 2021. The results of the poll incorporating proxy votes lodged in advance of the AGM are set out below and will be published on the Company's website www.stmodwen.co.uk. The full text of the resolutions is set out in the Notice of AGM dated 18 February 2021 which is also available at www.stmodwen.co.uk.
A copy of the resolutions passed as special business (resolutions 15 to 19 inclusive) has been submitted to the National Storage Mechanism viewing facility and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Resolution | Votes For 1 | % Votes For1,2 | Votes Against | % Votes Against 2 | Total Votes Validly Cast | % of Issued Share Capital Voted 2,3 | Votes Withheld 4 | ||
1 | Annual Report and Accounts | 174,159,304 | 99.98% | 26,567 | 0.02% | 174,185,871 | 78.24% | 865,663 | |
2 | Directors' Remuneration Report (excluding policy section) | 173,760,493 | 99.97% | 47,200 | 0.03% | 173,807,693 | 78.07% | 1,243,841 | |
3 | Declaration of final dividend | 174,902,964 | 99.95% | 94,895 | 0.05% | 174,997,859 | 78.61% | 53,675 | |
4 | Re-election of Ian Bull | 167,920,784 | 99.94% | 106,173 | 0.06% | 168,026,957 | 75.47% | 7,024,577 | |
5 | Re-election of Simon Clarke | 174,951,975 | 99.98% | 38,386 | 0.02% | 174,990,361 | 78.60% | 61,173 | |
6 | Re-Election of Danuta Gray | 164,599,721 | 97.97% | 3,418,516 | 2.03% | 168,018,237 | 75.47% | 7,033,297 | |
7 | Re-election of Jenefer Greenwood | 168,004,515 | 99.99% | 12,722 | 0.01% | 168,017,237 | 75.47% | 7,034,297 | |
8 | Re-election of Jamie Hopkins | 168,003,185 | 99.99% | 13,552 | 0.01% | 168,016,737 | 75.47% | 7,034,797 | |
9 | Re-election of Rob Hudson | 166,470,085 | 99.47% | 879,672 | 0.53% | 167,349,757 | 75.17% | 7,701,777 | |
10 | Re-election of Sarah Whitney | 167,916,512 | 99.93% | 109,445 | 0.07% | 168,025,957 | 75.47% | 7,025,577 | |
11 | Election of Dame Alison Nimmo | 168,001,246 | 99.99% | 17,281 | 0.01% | 168,018,527 | 75.47% | 7,033,007 | |
12 | Election of Sarwjit Sambhi | 167,174,925 | 99.49% | 850,632 | 0.51% | 168,025,557 | 75.47% | 7,025,977 | |
13 | Re-appointment of KPMG LLP as Auditor | 174,241,994 | 99.60% | 697,448 | 0.40% | 174,939,442 | 78.58% | 69,592 | |
14 | Auditor's Remuneration | 174,933,709 | 99.99% | 14,932 | 0.01% | 174,948,641 | 78.58% | 60,393 | |
15 | Authority to Allot Shares | 173,136,705 | 98.97% | 1,809,343 | 1.03% | 174,946,048 | 78.58% | 62,986 | |
16 | Disapply pre-emption rights5 | 174,402,075 | 99.70% | 532,752 | 0.30% | 174,934,827 | 78.58% | 74,207 | |
17 | Disapply pre-emption rights (acquisition or capital investment) 5 | 170,485,256 | 97.46% | 4,449,210 | 2.54% | 174,934,466 | 78.58% | 74,568 | |
18 | Purchase of own ordinary shares5 | 174,166,925 | 99.57% | 749,103 | 0.43% | 174,916,028 | 78.57% | 93,006 | |
19 | Short notice of general meetings5 | 170,480,009 | 97.44% | 4,472,124 | 2.56% | 174,952,133 | 78.59% | 56,901 | |
Notes:
1. Includes discretionary votes.
2. Percentages are rounded to two decimal places.
3. The number of ordinary shares in issue on 31 March 2021 was 222,626,988 with each share carrying the right to one vote.
4. A vote withheld is not a vote in law and is not counted in the calculation of the percentage of votes for or against a resolution.
5. Special resolution requiring a 75% majority.
For further information, please contact:
St. Modwen Properties PLC | www.stmodwen.co.uk |
Sarwjit Sambhi, Chief Executive Officer Tom Gough, Head of Corporate Affairs | 0121 222 9400 |
FTI Consulting | |
Dido Laurimore Andrew Davis | 020 3727 1000 |