7 May 2010 16:26
Development Securities PLC Annual General Meeting - voting results and proxy appointments
At the Development Securities PLC Annual General Meeting held today (7 May 2010) the following resolutions were proposed by the Chairman and passed unanimously by shareholders on a show of hands. Proxies were received by the Company from shareholders prior to the meeting as follows:
| RESOLUTION | VOTES FOR | % VOTES FOR | VOTES AGAINST | % VOTES AGAINST | VOTES WITHHELD | |
| 1 | Receipt of financial statements | 63,078,990 | 99.91 | 49,387 | 0.08 | 2,261 |
| 2 | Remuneration Report
| 37,096,754 | 74.08 | 12,973,059 | 25.91 | 13,060,825 |
| 3 | Re-election of D S Jenkins
| 60,145,914 | 95.26 | 2,984,724 | 4.73 | 0 |
| 4 | Re-election of M H Marx
| 61,982,005 | 98.17 | 1,148,633 | 1.82 | 0 |
| 5 | Re-election of M S Weiner
| 62,207,855 | 98.53 | 922,783 | 1.46 | 0 |
| 6 | Election of S C Bates
| 62,936,422 | 99.68 | 194,216 | 0.31 | 0 |
| 7 | Declaration of final dividend
| 62,948,465 | 99.83 | 101,378 | 0.16 | 80,795 |
| 8 | Auditors' appointment
| 60,520,432 | 95.86 | 2,608,206 | 4.13 | 2,000 |
| 9 | Auditors' remuneration
| 60,370,129 | 95.62 | 2,760,509 | 4.37 | 0 |
| 10 | Authority to purchase own shares | 62,782,430 | 99.44 | 348,208 | 0.55 | 0 |
| 11 | Authority to allot shares
| 54,299,459 | 98.06 | 1,066,334 | 1.93 | 7,764,845 |
| 12 | Disapplication of statutory pre-emption rights | 63,110,962 | 99.96 | 19,572 | 0.03 | 104 |
| 13 | General Meetings to be called on 14 days' notice | 60,746,222 | 96.55 | 2,165,357 | 3.44 | 219,059 |
| 14 | Strategic Profit Plan and underlying bonus arrangements | 38,518,061 | 73.60 | 13,809,246 | 26.39 | 10,802,893 |
Note to the disclosure
1. As at the date of the meeting, 82,256,474 shares were in issue
Development Securities PLC has today submitted to the UK Listing Authority prints of Resolutions passed at the Annual General Meeting on 7 May 2010 concerning items other than ordinary business. These documents will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility which is situated at:-
The Financial Services Authority
25 North Colonade
Canary Wharf
London E14 5HS
Stephen Lanes
Company Secretary
7 May 2010