Great Portland Estates PLC Result of AGM (0597U)

TIDMGPOR

RNS Number : 0597U

Great Portland Estates PLC

24 July 2020

Great Portland Estates plc

Result of AGM

Friday 24 July 2020

Great Portland Estates plc (the "Company") announces the results of voting on the resolutions at its Annual General Meeting ("AGM") held on Friday 24 July 2020.

A poll was held on each of the resolutions. Resolutions 1 to 15 and 20 to 24 (ordinary resolutions) and resolutions 16 to 19 (special resolutions) were all passed by the required majority. The results of the poll are as follows:

 
              Resolution             Votes for      %      Votes Against    %        Total        % of       Votes 
                                                                                                 issued     withheld* 
                                                                                                  share 
                                                                                                 capital 
      Ordinary resolutions 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To receive the audited 
       financial statements 
       together with the 
       directors' and auditor's 
       reports for the year 
 1     ended 31 March 2020.         201,631,759   100.00               0   0.00   201,631,759      79.42    1,188,296 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To declare a final 
       dividend for the year 
 2     ended 31 March 2020.         202,728,617    99.95          91,438   0.05   202,820,055      79.89            0 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To approve the Directors' 
 3     remuneration report.         200,451,852    99.29       1,430,207   0.71   201,882,059      79.52      937,996 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To approve the Directors' 
 4     remuneration policy.         200,319,758    98.77       2,493,248   1.23   202,813,006      79.89        7,049 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To re-elect Toby Courtauld 
       as a director of the 
 5     Company.                     201,711,606    99.91         173,610   0.09   201,885,216      79.52      934,839 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To re-elect Nick Sanderson 
       as a director of the 
 6     Company.                     200,924,353    99.07       1,891,018   0.93   202,815,371      79.89        4,684 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To re-elect Richard 
       Mully as a director 
 7     of the Company.              202,123,215    99.66         688,196   0.34   202,811,411      79.89        8,644 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To re-elect Charles 
       Philipps as a director 
 8     of the Company.              202,276,641    99.74         534,770   0.26   202,811,411      79.89        8,644 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To re-elect Wendy 
       Becker as a director 
 9     of the Company.              202,278,545    99.74         536,473   0.26   202,815,018      79.89        5,037 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To elect Vicky Jarman 
       as a director of the 
 10    Company.                     202,564,713    99.88         248,569   0.12   202,813,282      79.89        6,773 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To re-elect Nick Hampton 
       as a director of the 
 11    Company.                     201,239,130    99.22       1,572,281   0.78   202,811,411      79.89        8,644 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To re-elect Alison 
       Rose as a director 
 12    of the Company.              202,272,491    99.73         542,827   0.27   202,815,318      79.89        4,737 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To reappoint Deloitte 
 13    LLP as auditor.              198,107,856    97.68       4,707,664   2.32   202,815,520      79.89        4,535 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To authorise the Audit 
       Committee to agree 
       the remuneration of 
 14    the auditor.                 201,167,495    99.19       1,651,483   0.81   202,818,978      79.89        1,077 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To renew the directors' 
       authority to allot 
 15    shares.                      189,354,059    93.36      13,465,996   6.64   202,820,055      79.89            0 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      Special resolutions 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To renew the directors' 
       limited authority 
       to allot shares for 
 16    cash.                        199,204,314    99.99          20,678   0.01   199,224,992      78.48    3,595,063 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To give the directors 
       additional limited 
       authority to allot 
       shares for cash in 
       connection with an 
       acquisition or specified 
       capital investment, 
       and including development 
       and/or refurbishment 
 17    expenditure.                 196,394,861    99.52         952,545   0.48   197,347,406      77.74    5,472,649 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To renew the authority 
       enabling the Company 
 18    to buy its own shares.       197,960,276    97.62       4,831,862   2.38   202,792,138      79.88       27,917 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To authorise the calling 
       of general meetings 
       (other than an annual 
       general meeting) on 
       not less than 14 clear 
 19    days' notice.                186,835,471    92.12      15,984,059   7.88   202,819,530      79.89          525 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      Ordinary resolutions 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To increase the maximum 
       aggregate fees payable 
       to Non-Executive Directors 
       in accordance with 
       the Company's Articles 
 20    of Association.              200,875,025    99.04       1,939,974   0.96   202,814,999      79.89        5,056 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To approve the Deferred 
 21    Share Bonus Plan.            201,830,671    99.52         983,236   0.48   202,813,907      79.89        6,148 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To approve the Long 
 22    Term Incentive Plan.         200,423,180    98.82       2,388,013   1.18   202,811,193      79.89        8,862 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To approve the Save 
 23    As You Earn Plan.            201,951,872    99.58         860,038   0.42   202,811,910      79.89        8,145 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
      To approve the extension 
       of the Share Incentive 
 24    Plan.                        202,774,545    99.98          37,681   0.02   202,812,226      79.89        7,829 
     ----------------------------  ------------  -------  --------------  -----  ------------  ---------  ----------- 
 

Notes:

*A vote withheld is not a vote in law and therefore cannot be counted in the calculation of the proportion of votes for and against a resolution.

As at the date of the AGM, the Company's issued share capital was 253,867,911 shares of 15(5/) (19) pence each.

In accordance with the Financial Conduct Authority's Listing Rule 9.6.2 a copy of the resolutions passed at the Annual General Meeting will be available via the National Storage Mechanism, which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

For further information contact:

Darren Lennark

Company Secretary

Great Portland Estates plc

020 7647 3000

LEI Number: 213800JMEDD2Q4N1MC42

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