Cairn Homes plc Result of AGM (4382F)

TIDMCRN

RNS Number : 4382F

Cairn Homes plc

17 May 2017

17 May 2017

Cairn Homes plc

Result of AGM

Cairn Homes plc ("Cairn Homes" or the "Company") announces that at the Annual General Meeting ("AGM") of the Company held on 17 May 2017 all of the resolutions set out in the notice of meeting were duly passed by the shareholders.

The full text of each resolution was included in the notice of the meeting circulated to shareholders on 13 April 2017.

Details of proxy voting on the resolutions put to shareholders at the AGM are as follows:

 
 Resolution                          For Number        %      Against      %    Withheld 
                                                               Number             Number 
---------------------------------  ------------  -------  -----------  -----  ---------- 
  1. Directors' Report and 
   Financial Statements             523,124,875   100.00            0   0.00           0 
  2. Remuneration Report            513,663,689    99.47    2,725,658   0.53   6,735,528 
  3. Re-appointment of Directors 
       (a) Re-appointment of 
        John Reynolds               521,611,593    99.71    1,513,282   0.29           0 
       (b) Re-appointment of 
        Michael Stanley             521,825,346    99.75    1,299,529   0.25           0 
       (c) Re-appointment of 
        Alan McIntosh               521,825,346    99.75    1,299,529   0.25           0 
       (d) Re-appointment of 
        Eamonn O'Kennedy            521,825,346    99.75    1,299,529   0.25           0 
       (e) Re-appointment of 
        Andrew Bernhardt            512,758,539    99.30    3,630,808   0.70   6,735,528 
       (f) Re-appointment of 
        Gary Britton                511,682,805    97.81   11,442,070   2.19           0 
       (g) Re-appointment of 
        Giles Davies                518,418,333    99.10    4,706,542   0.90           0 
 
  4. Authorise Directors 
   to fix the remuneration 
   of the Auditors                  511,403,059    97.76   11,721,816   2.24           0 
  5. Convening of general 
   meetings on 14 days' notice      487,429,994    93.18   35,694,881   6.82           0 
  6. Authority to allot 
   shares                           523,124,875   100.00            0   0.00           0 
 7. Approval of Cairn Homes 
  plc Long-Term Incentive 
  Plan                              510,985,249    98.43    8,132,658   1.57   4,006,968 
  8. Disapplication of statutory 
   pre-emption rights for 
   general purposes (special 
   resolution)                      522,857,491    99.95    267,384     0.05           0 
  9. Disapplication of statutory 
   pre-emption rights for 
   specific purposes (special 
   resolution)                      521,096,799    99.61    2,028,076   0.39           0 
 10. Authority to make 
  market purchases (special 
  resolution)                       513,709,219    98.35    8,613,782   1.65     801,874 
  11. Authority to re-issue 
   treasury shares (special 
   resolution)                      516,389,347    98.71    6,735,528   1.29           0 
 
 

Notes:

1. Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).

2. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a Capital Resolution.

3. Any proxy appointments which gave discretion to the Chairman have been included in the "For" totals.

In accordance with the Listing Rules, copies of resolutions 8, 9 10 and 11 will be submitted to the UK Listing Authority via the National Storage Mechanism. These documents will shortly be available for inspection at www.hemscott.com/nsm.

For further information, please contact:

Cairn Homes plc [phone]

Michael Stanley

Eamonn O'Kennedy

This information is provided by RNS

The company news service from the London Stock Exchange

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May 17, 2017 09:00 ET (13:00 GMT)