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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Workspace Group Plc | LSE:WKP | London | Ordinary Share | GB00B67G5X01 | ORD GBP1 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-5.00 | -1.03% | 482.50 | 482.00 | 484.50 | 490.50 | 481.50 | 484.00 | 144,659 | 16:35:21 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Real Estate Investment Trust | 174.2M | -37.8M | -0.1970 | -24.62 | 930.7M |
TIDMWKP
RNS Number : 8263W
Workspace Group PLC
13 December 2019
13 December 2019
WORKSPACE GROUP PLC
2019 ANNUAL GENERAL MEETING - UPDATE STATEMENT
On 11 July 2019, the Board of Workspace Group PLC (the "Company") announced that all resolutions proposed at the 2019 Annual General Meeting of the Company were passed. However, the Board noted that 20.38% of votes were cast against resolution 9, the re-election of Stephen Hubbard, a Non-Executive Director of the Company.
The Company has since constructively engaged with shareholders to understand the reasons behind this result. The Board understands that votes against Mr Hubbard's re-election were based on his additional board roles, and in particular his role as Executive Chairman of CBRE UK.
The Company confirms that it was notified on 4 November 2019 that Mr Hubbard will be retiring as Executive Chairman of CBRE UK on 31 December 2019. The Board continues to believe that Mr Hubbard is a valuable and effective Non-Executive Director and is satisfied that he is able to devote sufficient time to his role at the Company in order to effectively discharge his responsibilities.
This statement is made in accordance with the requirement of Provision 4 of the UK Corporate Governance Code 2018.
Enquiries:
Carmelina Carfora, Company Secretary
Workspace Group PLC
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
December 13, 2019 05:41 ET (10:41 GMT)
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