27 Feb 2014 14:50
27 February 2014
Terrace Hill Group PLC
("the Company")
Results of AGM
At the twentieth Annual General Meeting of Terrace Hill Group PLC held on Thursday 27 February 2014, all resolutions set out in the Notice of Meeting dated 16 January 2014 were passed by Shareholders on a show of hands.
Proxies were received by the Company from Shareholders in advance of the Annual General Meeting as follows:
Resolution | For the resolution (i) | % | Against the resolution | % | Votes withheld (ii) |
1. To receive and consider the Directors' report and accounts for the year to 30 September 2013 and the auditors' report thereon | 147,207,265 | 99.99 | 8,009 | 0.01 | - |
2. To reappoint BDO LLP as auditors of the Company | 147,060,857 | 99.99 | 20,968 | 0.01 | - |
3. To authorise the directors to fix the remuneration of the auditors | 147,064,207 | 99.99 | 10,968 | 0.01 | 6,650 |
4. To re-appoint Mr Robert W Dyson as a director of the Company | 147,044,706 | 99.97 | 37,119 | 0.03 | - |
5. To re-appoint Mr Andrew N Gaskell as a director of the Company | 146,882,162 | 99.86 | 199,663 | 0.14 | - |
6. To authorise the Directors to allot shares pursuant to sections 551 and 560 of the Companies Act 2006 | 146,952,422 | 99.92 | 110,814 | 0.08 | 18,589 |
7. To authorise the Directors to disapply pre-emption rights pursuant to sections 570 of the Companies Act 2006 | 147,082,511 | 99.92 | 114,174 | 0.08 | 18,589 |
8. To authorise the Company to make market purchases of its ordinary shares pursuant to section 701 of the Companies Act 2006 | 147,113,426 | 99.94 | 83,259 | 0.06 | 15,589 |
Notes:
(i) Includes discretionary votes
(ii) A vote withheld is not a vote in law and is not counted in the calculation of votes for or against a resolution
As at the date of the meeting there were 211,971,299 ordinary shares of 2 pence each in issue. Proxies amounting to 147,215,274 votes were received in respect of resolutions 1, 7 and 8 and proxies amounting to 147,081,825 votes were received in respect of resolutions 2 - 6.
-Ends-
For further information, please visit www.terracehill.co.uk or contact:
Oriel Securities (Nominated Adviser) Tel: 020 7710 7600
David Arch
FTI Consulting: Tel: 020 7831 3113
Richard Sunderland/Will Henderson/Nick Taylor terracehill@fticonsulting.com
Notes to editors:
Terrace Hill Group
Terrace Hill Group PLC is a regionally based UK property group quoted on AIM. Formed in 1986, the Company has five offices located in London, Glasgow, Teesside, Bristol and Manchester.
Thg (THG)