British Land Co PLC Result of AGM (1638G)

TIDMBLND

RNS Number : 1638G

British Land Co PLC

19 July 2019

The British Land Company PLC

19 July 2019

RESULTS OF ANNUAL GENERAL MEETING

The British Land Company PLC (the 'Company') held its Annual General Meeting ('AGM') at The Montcalm London Marble Arch, 2 Wallenberg Place, London W1H 7TN earlier today. All resolutions were voted on by way of a poll and were passed by shareholders. The results of the poll are set out below.

 
 Resolutions                        Votes FOR(1)            Votes AGAINST              Total Votes               Votes 
                                                                                           Cast            Withheld(2) 
                                    No. of       % of        No. of       % of        No. of        % of 
                                    Shares     Shares        Shares     Shares        Shares      Issued 
                                                voted                    voted                   Capital 
                              ------------  ---------  ------------  ---------  ------------  ---------- 
      To receive the 
       Annual Report 
       and audited 
       financial statements 
       of the Company 
       for the year 
       ended 31 March 
 1     2019                    711,891,948     100.00         8,418       0.00   711,900,366       75.86       873,215 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To approve the 
      Directors' 
      Remuneration 
      Report for the 
      year ended 31 
 2    March 2019               672,923,921      94.54    38,861,785       5.46   711,785,706       75.85     1,062,975 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To approve the 
      Directors' 
      Remuneration 
 3    Policy 2019              699,935,009      98.30    12,073,236       1.70   712,008,245       75.87       840,435 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To declare a 
       final dividend 
       of 7.75p per 
       ordinary 25 
       pence share 
       for the year 
       ended 31 March 
 4     2019                    711,979,719      99.95       338,344       0.05   712,318,063       75.90       530,718 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To re-elect 
       Simon Carter 
 5     as a Director           709,976,566      99.68     2,300,575       0.32   712,277,141       75.90       571,585 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To re-elect 
       Lynn Gladden 
 6     as a Director           711,826,787      99.95       374,071       0.05   712,200,858       75.89       647,868 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To re-elect 
       Chris Grigg 
 7     as a Director           711,839,325      99.94       438,019       0.06   712,277,344       75.90       571,382 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To re-elect 
       Alistair Hughes 
 8     as a Director           710,505,812      99.76     1,696,539       0.24   712,202,351       75.89       646,375 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To re--elect 
       William Jackson 
 9     as a Director           704,184,630      98.89     7,914,071       1.11   712,098,701       75.88       750,025 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To re-elect 
       Nicholas Macpherson 
 10    as a Director           710,474,507      99.76     1,726,044       0.24   712,200,551       75.89       572,875 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To re--elect 
       Preben Prebensen 
 11    as a Director           710,452,670      99.76     1,736,098       0.24   712,188,768       75.89       584,458 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To re--elect 
       Tim Score as 
 12    a Director              705,146,633      99.00     7,124,089       1.00   712,270,722       75.90       577,804 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To re-elect 
       Laura Wade-Gery 
 13    as a Director           711,812,942      99.95       379,364       0.05   712,192,306       75.89       581,120 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To re--elect 
       Rebecca Worthington 
 14    as a Director           711,833,763      99.95       361,508       0.05   712,195,271       75.89       578,155 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To re--appoint 
      PricewaterhouseCoopers 
      LLP as auditor 
 15   of the Company           712,120,792      99.98       174,450       0.02   712,295,242       75.90       553,639 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To authorise 
       the Audit Committee 
       to determine 
       the auditor's 
 16    remuneration            711,897,271      99.94       400,638       0.06   712,297,909       75.90       550,972 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To authorise 
       the Company 
       to make limited 
       political donations 
       and political 
       expenditure 
       of not more 
       than GBP20,000 
 17    in total                690,288,645      97.30    19,130,815       2.70   709,419,460       75.60     3,428,329 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To authorise 
       Directors to 
       pay dividends 
       as shares (SCRIP 
 18    dividends)              711,366,642      99.87       917,246       0.13   712,283,888       75.90       564,838 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To authorise 
       the Directors 
       to allot shares 
       up to a limited 
 19    amount                  608,180,089      85.39   104,090,498      14.61   712,270,587       75.90       577,294 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To authorise 
      the Directors 
      to allot shares 
      and sell treasury 
      shares for cash, 
      without making 
      a pre--emptive 
      offer to 
 20   shareholders(3)          686,493,075      96.65    23,759,890       3.35   710,252,965       75.68     2,595,916 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To authorise 
       the Directors 
       to allot additional 
       shares and sell 
       treasury shares 
       for cash, without 
       making a pre-emptive 
       offer to shareholders 
       in line with 
       recommendations 
       of the Pre-Emption 
 21    Group(3)                676,662,680      95.27    33,605,217       4.73   710,267,897       75.69     2,580,983 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To authorise 
       the Company 
       to purchase 
 22    its own shares(3)       709,196,265      99.58     2,989,815       0.42   712,186,080       75.89       662,800 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
      To authorise 
       the calling 
       of general meetings 
       (other than 
       an annual general 
       meeting) on 
       not less than 
       14 clear days' 
 23    notice(3)               610,892,520      86.11    98,570,053      13.89   709,462,573       75.60     3,386,308 
     -----------------------  ------------  ---------  ------------  ---------  ------------  ----------  ------------ 
 

(1) Includes discretionary votes

(2) A vote withheld is not a vote in law and is not counted towards the votes cast 'For' or 'Against' a resolution.

(3) Special Resolution (75% majority required)

The total voting rights of the Company as at 6.30pm on 17 July 2019 (the time by which shareholders wanting to attend, speak and vote at the AGM were required to be entered on the register) was 938,434,263 ordinary shares of 25 pence each (excluding treasury shares).

In accordance with Listing Rule 9.6.2 copies of the resolutions passed at the AGM, other than resolutions constituting ordinary business, will shortly be available for inspection at the National Storage Mechanism (www.morningstar.co.uk/uk/nsm). A copy of the poll results for the AGM will also shortly be available on the British Land website (www.britishland.com/investors).

Enquiries:

Company Secretariat

British Land

York House, 45 Seymour Street, London W1H 7LX

020 7486 4466

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 [e-mail] or visit www.rns.com.

END

RAGCKCDBNBKDKOD

(END) Dow Jones Newswires

July 19, 2019 09:23 ET (13:23 GMT)