Empiric Student Property PLC Result of AGM (4201N)

TIDMESP

RNS Number : 4201N

Empiric Student Property PLC

25 October 2016

25 October 2016

EMPIRIC STUDENT PROPERTY PLC

(the "Company")

Result of AGM

The Board of Empiric Student Property Plc (ticker: ESP) announces that at the Company's Annual General Meeting, held earlier today, all resolutions were duly passed on a show of hands.

In accordance with Listing Rule 9.6.2(R), a copy of the resolutions passed at the Annual General Meeting will be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM

As at the date of the meeting, there were 501,279,071 ordinary shares with voting rights in issue. Proxies were received by the Company from shareholders before the meeting, as follows:

 
         RESOLUTION               FOR                 AGAINST              WITHHELD 
                                                                             VOTES 
---------------------------  ------------  -------  -----------  -------  ---------- 
                                 VOTES       % OF      VOTES       % OF 
                                             VOTES                 VOTES 
                                             CAST*                 CAST* 
---------------------------  ------------  -------  -----------  -------  ---------- 
 1. To receive the 
  Company's Annual Report 
  and Accounts for the 
  financial year ended 
  30 June 2016                205,071,771   97.52     5,205,092    2.48            0 
---------------------------  ------------  -------  -----------  -------  ---------- 
 
 2. To approve the 
  Directors' Remuneration 
  Report                      178,549,019   86.48    27,908,525   13.52    3,819,319 
---------------------------  ------------  -------  -----------  -------  ---------- 
 
 3. To re-appoint BDO 
  LLP as Auditors of 
  the Company                 204,477,230   97.24     5,798,733    2.76          900 
---------------------------  ------------  -------  -----------  -------  ---------- 
 
 4. To authorise the 
  Directors to determine 
  the remuneration of 
  the Auditors                209,832,843   99.79       444,020    0.21            0 
---------------------------  ------------  -------  -----------  -------  ---------- 
 
 5. To authorise the 
  Directors to declare 
  and pay all dividends 
  as interim dividends        210,266,204    100         10,285    0.00          374 
---------------------------  ------------  -------  -----------  -------  ---------- 
 
 6. To elect Stuart 
  Beevor as a Director        209,828,875   99.79       441,749    0.21        6,239 
---------------------------  ------------  -------  -----------  -------  ---------- 
 
 7. To authorise the 
  Directors to allot 
  shares under (section 
  551 of the Companies 
  Act 2006)                   204,072,847   97.19     5,908,677    2.81      295,339 
---------------------------  ------------  -------  -----------  -------  ---------- 
 
 8. Special Resolution 
  - subject to the passing 
  of Resolution 7, the 
  Directors shall have 
  the power to allot 
  equity securities 
  (pursuant to sections 
  570 and 573 of the 
  Companies Act 2006)         208,260,995   99.10     1,897,395    0.90      118,473 
---------------------------  ------------  -------  -----------  -------  ---------- 
 
 9. Special Resolution 
  - authorise the Company 
  to make market purchases 
  of own shares in the 
  Company                     206,872,296   98.38     3,404,193    1.62          374 
---------------------------  ------------  -------  -----------  -------  ---------- 
 
 10. Special Resolution 
  - reduce notice periods 
  for general meetings 
  other than AGMs             202,214,445   96.17     8,061,518    3.83          900 
---------------------------  ------------  -------  -----------  -------  ---------- 
 

* Excludes votes withheld

For further information on the Company, please contact:

 
 Empiric Student Property plc       (via Newgate below) 
 Paul Hadaway (Chief Executive) 
 Tim Attlee (Chief Investment 
  Officer) 
 Michael Enright (Chief Financial 
  Officer) 
 
 Akur Limited (Joint Financial      Tel: [phone] 
  Adviser) 
 Tom Frost 
 Anthony Richardson 
 Siobhan Sergeant 
 
 Jefferies International Limited    Tel: [phone] 
  (Joint Financial Adviser and 
  Broker) 
 Gary Gould 
 Stuart Klein 
 
 Newgate (PR Adviser)               Tel: [phone] 
 James Benjamin                     Em: [e-mail] 
 Zoe Pocock 
 Alex Shilov 
 Lydia Thompson 
 

Further information on Empiric can be found on the Company's website at www.empiric.co.uk.

Notes:

Empiric Student Property plc is a leading provider and operator of modern, direct-let, premium student accommodation across the UK and is committed to providing shareholders with regular, sustainable and growing (at least in line with RPI) dividends, together with the potential for capital appreciation over the medium to long term. Investing in both operating and development assets, the Company focuses on quality, with assets generally in prime central locations in top university cities and towns in the UK, attracting international students and/or those studying beyond first year, in particular, postgraduates.

The Company, an internally managed real estate investment trust ("REIT") incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014. The Company is a constituent of the FTSE All Share and FTSE EPRA/NAREIT indices.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 25, 2016 09:05 ET (13:05 GMT)