Empiric Student Property PLC RESULTS OF ANNUAL GENERAL MEETING (5501A)

TIDMESP

RNS Number : 5501A

Empiric Student Property PLC

24 May 2023

Empiric Student Property plc

("Empiric" or the "Company" or, together with its subsidiaries, the "Group")

RESULTS OF ANNUAL GENERAL MEETING

Empiric Student Property plc (ticker: ESP), the owner and operator of premium, studio-led, student accommodation across the UK, announces that all resolutions proposed at the Company's Annual General Meeting held on 24 May 2023 were voted on and duly passed by a poll by the Company's shareholders and the results of the poll, including proxy votes received, are set out below.

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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Resolutions 1 to 13 (inclusive) were proposed as ordinary resolutions and resolutions 14 to 16 (inclusive) were proposed as special resolutions.

As at the date of the meeting, there were 603,351,880 ordinary shares with voting rights in issue. The Company does not hold any shares in Treasury.

 
 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 31 December 2022            436,646,114   100.0      21,479      0.0      364,906 
                                   ------------  -------  -----------  -------  ----------- 
 2. To approve the Directors' 
  Remuneration Report               387,634,869    88.7    49,363,221    11.3      34,409 
                                   ------------  -------  -----------  -------  ----------- 
 3. To approve the Directors 
  Remuneration Policy               401,730,425    91.9    35,262,666    8.1       39,408 
                                   ------------  -------  -----------  -------  ----------- 
 4. To re-appoint BDO LLP 
  as Auditors of the Company        430,185,760   100.0      39,726      0.0     6,807,013 
                                   ------------  -------  -----------  -------  ----------- 
 5. To authorise the Directors 
  to determine the remuneration 
  of the Auditors                   436,985,183   100.0      22,826      0.0       24,490 
                                   ------------  -------  -----------  -------  ----------- 
 6. To authorise the Directors 
  to declare and pay all 
  dividends as interim dividends    437,001,117   100.0      7,192       0.0       24,190 
                                   ------------  -------  -----------  -------  ----------- 
 7. To elect Clair Preston-Beer 
  as a Director of the Company 
  who, had been appointed 
  as a Director by the Board 
  since the last AGM                433,868,954    99.3    3,134,355     0.7       29,190 
                                   ------------  -------  -----------  -------  ----------- 
 8. To elect Donald Grant 
  as a Director of the Company 
  who, had been appointed 
  as a Director by the Board 
  since the last AGM                429,131,998    98.2    7,871,311     1.8       29,190 
                                   ------------  -------  -----------  -------  ----------- 
 9. To re-elect Mark Pain 
  as a Director of the Company      414,102,456    94.8    22,900,853    5.2       29,190 
                                   ------------  -------  -----------  -------  ----------- 
 10. To re-elect Alice 
  Avis as a Director of 
  the Company                       430,183,031    98.4    6,820,278     1.6       29,190 
                                   ------------  -------  -----------  -------  ----------- 
 11. To re-elect Duncan 
  Garrood as a Director 
  of the Company                    433,273,932    99.1    3,729,377     0.9       29,190 
                                   ------------  -------  -----------  -------  ----------- 
 12. To re-elect Martin 
  Ratchford as a Director 
  of the Company                    386,482,305    98.3    6,781,315     1.7     43,768,879 
                                   ------------  -------  -----------  -------  ----------- 
 13. To authorise the Directors 
  to allot shares under 
  (section 551 of the Companies 
  Act 2006)                         414,146,824    94.8    22,861,485    5.2       24,190 
                                   ------------  -------  -----------  -------  ----------- 
 14. Special Resolution 
  - subject to the passing 
  of Resolution 13, the 
  Directors shall have the 
  power to allot equity 
  securities (pursuant to 
  sections 570 and 573 of 
  the Companies Act 2006) 
  for cash                          388,062,749    88.8    48,945,560    11.2      24,190 
                                   ------------  -------  -----------  -------  ----------- 
 15. Special Resolution 
  - authorise the Company 
  to make market purchases 
  of own shares in the Company      436,967,304   100.0      35,202      0.0       29,993 
                                   ------------  -------  -----------  -------  ----------- 
 16. Special resolution 
  - that a general meeting 
  may be called on not less 
  than 14 clear days' notice        420,810,560    96.3    16,188,013    3.7       33,926 
                                   ------------  -------  -----------  -------  ----------- 
 

* A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

ENDS

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

 
 
  Empiric Student Property plc                      (via FTI Consulting below) 
   Duncan Garrood (Chief Executive Officer) 
   Donald Grant (Chief Financial & Sustainability 
    Officer) 
 
   Jefferies International Limited                   020 7029 8000 
   Tom Yeadon 
   Andrew Morris 
 
   Peel Hunt LLP                                     020 7418 8900 
   Capel Irwin 
    Carl Gough 
 
    FTI Consulting                                    020 3727 1000 
    Dido Laurimore                                    [e-mail] 
    Eve Kirmatzis 
 

The Company's LEI is 213800FPF38IBPRFPU87.

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, predominantly direct-let, premium student accommodation located in high-demand university towns and cities across the UK. Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student(R) operating platform, that is attractive to affluent growing student segments.

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.

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END

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May 24, 2023 10:18 ET (14:18 GMT)