Countryside Properties PLC Result of AGM (2089O)

TIDMCSP

RNS Number : 2089O

Countryside Properties PLC

05 February 2021

5 February 2021

COUNTRYSIDE PROPERTIES PLC (THE "COMPANY")

RESULTS OF 2021 ANNUAL GENERAL MEETING

At the Company's fifth Annual General Meeting ("AGM") held earlier today all resolutions put to the meeting were voted on by way of a poll and were passed by the shareholders.

The results of the poll vote for each resolution are as follows:

 
          Resolution                 Votes For            Votes Against             Total Votes Cast           Votes 
                                                                                    (excluding votes          Withheld 
                                                                                        withheld) 
                                No of         % of     No. of       % of      No. of        % of issued        No. of 
                                 Shares       shares    Shares       shares    Shares        share capital     Shares 
                                              voted                  voted 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To receive and 
        adopt the Company's 
        audited Annual 
        Report for the 
        year ended 30 
        September 2020 
        and the reports 
        of the Directors 
        and Auditor 
 1.     thereon.                490,392,785    99.11    4,400,301      0.89   494,793,086            94.31      383,881 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To approve the 
       Directors' 
       Remuneration 
       Report (excluding 
       the Directors' 
       Remuneration 
       Policy) for 
       the year ended 
       30 September 
 2.    2020.                    444,700,732    90.38   47,314,212      9.62   492,014,944            93.78    3,162,023 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To re-elect 
        David Howell 
 3.     as a Director.          356,335,419    89.81   40,447,318     10.19   396,782,737            75.63   98,394,230 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To re-elect 
        Iain McPherson 
 4.     as a Director           489,245,349    98.80    5,931,201      1.20   495,176,550            94.39          417 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To re-elect 
        Mike Scott as 
 5.     a Director.             479,163,159    96.77   16,013,091      3.23   495,176,250            94.39          717 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To re-elect 
        Douglas Hurt 
 6.     as a Director.          350,140,129    77.84   99,706,147     22.16   449,846,276            85.75   46,069,591 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To re-elect 
        Amanda Burton 
 7,     as a Director           415,353,919    92.48   33,753,457      7.52   449,107,376            85.61   46,069,591 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To re-elect 
        Baroness Sally 
        Morgan as a 
 8.     Director.               415,357,273    92.49   33,750,103      7.51   449,107,376            85.61   46,069,591 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To re-elect 
        Simon Townsend 
 9.     as a Director.          414,556,328    92.31   34,551,048      7.69   449,107,376            85.61   46,069,591 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To re-appoint 
       PricewaterhouseCoopers 
       LLP as Auditor 
 10.   of the Company.          493,632,859    99.69    1,544,108      0.31   495,176,967            94.39            0 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To authorise 
        the Audit Committee 
        to determine 
        the Auditor's 
 11.    remuneration.           493,485,649    99.66    1,689,035      0.34   495,174,684            94.39        2,283 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To authorise 
        the Board to 
        allot or sell 
        shares and grant 
        subscription/ 
        conversion rights 
 12.    over shares.            474,360,589    95.80   20,815,943      4.20   495,176,532            94.39          417 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To authorise 
        the Board to 
        allot or sell 
        shares without 
        complying with 
        pre-emption 
 13.    rights.                 428,757,197    86.59   66,419,335     13.41   495,176,532            94.39          417 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To authorise 
        the Company 
        to make market 
 14.    purchases.              488,534,616    98.68    6,519,922      1.32   495,054,538            94.36      122,429 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To authorise 
        the Company 
        to make political 
        donations and 
        incur political 
 15.    expenditure.            481,232,678    97.19   13,914,761      2.81   495,147,439            94.38       29,528 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
       To allow the 
        Company to hold 
        general meetings, 
        other than an 
        annual general 
        meeting, on 
        not less than 
        14 clear days' 
 16.    notice.                 479,131,728    96.76   16,045,239      3.24   495,176,967            94.39            0 
      -----------------------  ------------  -------  -----------  --------  ------------  ---------------  ----------- 
 

A 'vote withheld' is not a vote under English law and is, therefore, not included in the calculation of votes 'for' and 'against' a resolution. The 'for' vote includes those giving the Chairman discretion.

The total number of voting rights as at voting record date were 524,626,870 shares of GBP0.01 each.

In accordance with Listing Rule 9.6.2R, copies of the resolutions passed as special business will shortly be available for inspection on the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

A copy of the voting results shown above are also available on the Company's website at www.investors.countrysideproperties.com .

Resolution 6 (Re-election of Douglas Hurt)

Resolution 6 was passed, with a majority 77.84% shareholder support for the re-election of Douglas Hurt as a Director of the Company. The Board notes the result of this resolution. We engaged widely with shareholders during the year and will continue to do so. We will publish an update on this engagement, in accordance with the UK Corporate Governance Code, within six months of the 2021 AGM.

For further information please contact:

Countryside Properties PLC - [phone]

Iain McPherson - Group Chief Executive

Mike Scott - Group Chief Financial Officer

Victoria Prior - Managing Director, Corporate Affairs

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February 05, 2021 10:00 ET (15:00 GMT)