Capital & Regional plc Result of AGM (5372N)

TIDMCAL

RNS Number : 5372N

Capital & Regional plc

20 May 2020

21 May 2020

CAPITAL & REGIONAL PLC

UK company number 01399411

LSE share code: CAL

ISIN: GB00BL6XZ716

LEI: 21380097W74N9OYF5Z25

Capital & Regional plc

Result of AGM

Capital & Regional plc (the "Company") announces that at the Annual General Meeting ("AGM") of the Company held on 20 May 2020 all of the resolutions set out in the Company's Notice of AGM dated 24 April 2020 were duly passed on a poll with the results as stated below.

The Company has a total of 103,884,025 ordinary shares with voting rights in issue.

 
       Resolution number            For        % For     Against    % Against   Total Shares   % Shares     Votes 
                                                                                    Voted         Voted    Withheld 
 1 - To adopt the report 
  and accounts                   83,327,109    99.99%       4,518       0.01%     83,331,627     80.22%      48,005 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 2 - To approve the 
  final dividend                 83,379,131   100.00%         308       0.00%     83,379,439     80.26%         194 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 3 - To approve the 
  annual report on directors' 
  remuneration                   81,544,194    98.13%   1,554,669       1.87%     83,098,863     79.99%     280,769 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 4 - To re-appoint 
  Deloitte LLP as auditors       82,408,912    98.84%     970,126       1.16%     83,379,038     80.26%         594 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 5 - To authorise the 
  directors to fix the 
  remuneration of the 
  auditors                       83,378,186   100.00%         853       0.00%     83,379,039     80.26%         594 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 6 - To elect David 
  Hunter                         82,816,996    99.33%     561,384       0.67%     83,378,380     80.26%       1,253 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 7 - To re-elect Lawrence 
  Hutchings                      83,374,768   100.00%       3,612       0.00%     83,378,380     80.26%       1,253 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 8 - To re-elect Stuart 
  Wetherly                       83,363,815    99.98%      14,565       0.02%     83,378,380     80.26%       1,253 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 9 - To re-elect Tony 
  Hales                          82,512,725    98.96%     865,606       1.04%     83,378,331     80.26%       1,301 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 10 - To re-elect Ian 
  Krieger                        83,368,427    99.99%       9,953       0.01%     83,378,380     80.26%       1,253 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 11 - To elect George 
  Muchanya                       81,561,058    98.88%     920,644       1.12%     82,481,702     79.40%     897,930 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 12 - To re-elect Louis 
  Norval                         81,559,338    98.88%     922,364       1.12%     82,481,702     79.40%     897,930 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 13 - To re-elect Laura 
  Whyte                          83,328,931   100.00%       1,638       0.00%     83,330,569     80.21%      49,064 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 14 - To elect Norbert 
  Sasse                          81,328,929    98.60%   1,152,773       1.40%     82,481,702     79.40%     897,930 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 15 - To approve the 
  Scrip Dividend Scheme          83,378,392   100.00%         432       0.00%     83,378,824     80.26%         809 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 16 - To allot securities        82,653,647    99.13%     725,081       0.87%     83,378,728     80.26%         905 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 17 - To disapply pre-emption 
  rights.                        81,499,059    98.02%   1,647,629       1.98%     83,146,688     80.04%     232,944 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 18 - To make market 
  purchases of the Company's 
  own shares in compliance 
  with Section 693 of 
  the Companies Act 
  2006                           82,461,057    98.90%     918,381       1.10%     83,379,438     80.26%         194 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 19 - To call a general 
  meeting on not less 
  than 14 clear days' 
  notice                         82,584,444    99.05%     794,985       0.95%     83,379,429     80.26%         204 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 20 - To approve the 
  amended Articles of 
  Association                    83,377,874   100.00%         844       0.00%     83,378,718     80.26%         915 
                                -----------  --------  ----------  ----------  -------------  ---------  ---------- 
 

1 Where shareholders have appointed the Chairman of the meeting as their proxy with discretion as to voting those votes have been cast in favour of all of the resolutions.

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 resolution.

Votes of independent shareholders on the resolutions concerning the election or re-election of the independent Non-executive Directors:

 
 6 - To elect David 
  Hunter                   29,693,178   98.14%   561,384   1.86%   30,254,562   59.60%    1,253 
 9 - To re-elect Tony 
  Hales                    29,388,907   97.14%   865,606   2.86%   30,254,513   59.60%    1,301 
                          -----------  -------  --------  ------  -----------  -------  ------- 
 10 - To re-elect Ian 
  Krieger                  30,244,609   99.97%     9,953   0.03%   30,254,562   59.60%    1,253 
                          -----------  -------  --------  ------  -----------  -------  ------- 
 13 - To re-elect Laura 
  Whyte                    30,205,113   99.99%     1,638   0.01%   30,206,751   59.51%   49,064 
                          -----------  -------  --------  ------  -----------  -------  ------- 
 

As previously announced, Hugh Scott-Barret did not seek re-election and stepped down as Chairman and a Non-Executive Director at the conclusion of the meeting. David Hunter, following the approval of his election to the Board as Non-Executive Director, assumed the role of the Chairman from the close of the meeting.

- ENDS -

For further information:

   Capital & Regional plc                      020 7932 8000 

Lawrence Hutchings

Stuart Wetherly

[e-mail]

   FTI Consulting                                  020 3727 1000 

Richard Sunderland

Claire Turvey

Methuselah Tanyanyiwa

[e-mail]

About Capital & Regional plc

Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering significant value enhancing retail and leisure asset management opportunities across its portfolio of in-town, dominant community shopping centres.

Capital & Regional owns seven shopping centres in Blackburn, Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood Green. Capital & Regional manages these assets through its in-house expert property and asset management platform.

For further information see www.capreg.com

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

RAGURRNRRUUVUAR

(END) Dow Jones Newswires

May 21, 2020 02:19 ET (06:19 GMT)