Land Securities Group PLC Result of AGM (6544E)

TIDMLAND

RNS Number : 6544E

Land Securities Group PLC

08 July 2021

8 July 2021

Land Securities Group PLC (the "Company")

Voting results of Annual General Meeting

The Company announces the voting results of its Annual General Meeting ("AGM") held earlier today as a hybrid meeting at 80 Victoria Street, London, SW1E 5JL. All resolutions, as set out in the Notice of Meeting dated 8 June 2021, were passed with the requisite majority by means of a poll.

Resolutions 1 to 17 were passed as Ordinary Resolutions and resolutions 18 to 21 were passed as Special Resolutions.

 
                RESOLUTION                VOTES        %       VOTES       TOTAL VOTES        VOTES 
                                           FOR*       FOR      AGAINST     FOR / AGAINST    WITHHELD** 
       To receive the accounts 
        of the Company for 
        the year ended 31 March 
        2021 and the Directors' 
        and Auditors' Reports 
 1.     thereon                        518,399,115   99.99       51,643      518,450,758       380,626 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To approve the Directors' 
 2.     Remuneration Policy            499,920,738   96.41   18,623,726      518,544,464       286,920 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To approve the Annual 
 3.     Report on Remuneration         485,863,335   95.67   22,002,980      507,866,315    10,965,068 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To declare a final 
        dividend of 9 pence 
 4.     per Ordinary share             516,119,504   99.52    2,514,502      518,634,006       197,378 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To elect Vanessa Simms 
 5.     as a Director                  517,520,311   99.80    1,043,737      518,564,048       262,779 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To elect Manjiry Tamhane 
 6.     as a Director                  518,463,091   99.98      102,636      518,565,727       261,100 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To re-elect Mark Allan 
 7.     as a Director                  518,495,000   99.98      103,687      518,598,687       228,140 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To re-elect Colette 
 8.     O'Shea as a Director           518,323,336   99.95      244,897      518,568,233       258,594 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To re-elect Edward 
        Bonham Carter as a 
  9.    Director                       514,483,927   99.20    4,124,688      518,608,615       218,212 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To re-elect Nicholas 
 10.    Cadbury as a Director          518,333,713   99.95      265,484      518,599,197       227,630 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To re-elect Madeleine 
 11.    Cosgrave as a Director         515,739,160   99.45    2,863,864      518,603,024       223,803 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To re-elect Christophe 
 12.    Evain as a Director            510,378,008   98.41    8,220,849      518,598,857       227,970 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To re-elect Cressida 
 13.    Hogg as a Director             516,042,578   99.50    2,569,740      518,612,318       214,509 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To re-appoint Ernst 
 14.    & Young LLP as auditor         514,675,814   99.25    3,905,375      518,581,189       250,195 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To determine the remuneration 
 15.    of the auditor                 517,480,686   99.78    1,147,500      518,628,186       203,198 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
 16.   To make political donations     517,868,624   99.86      743,253      518,611,877       219,507 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
 17.   To allot securities             488,880,117   94.27   29,739,687      518,619,804       211,579 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To disapply pre-emption 
 18.    rights                         514,395,783   99.97      162,737      514,558,520     4,272,864 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To disapply pre-emption 
        rights for purposes 
        of acquisitions or 
 19.    capital investments            497,497,509   96.68   17,061,010      514,558,519     4,272,864 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
 20.   To purchase own shares          511,544,226   99.23    3,977,027      515,521,253     3,310,131 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
       To approve the Company's 
 21.    Restricted Stock Plan          513,480,027   99.02    5,065,556      518,545,583       285,800 
      ------------------------------  ------------  ------  -----------  ---------------  ------------ 
 

* Includes discretionary votes

**A vote withheld is not a vote in law and is therefore not included in the calculation of total votes For/Against

   --      Total voting rights at 8 July 2021:     744,526,324 Ordinary shares of 10 2/3 p each 
   --      Number of votes per share:              One 
   --      Total number of votes cast:                518,634,006 Ordinary shares (i.e 69.66% turnout) 

As a result of the continuation of Covid-19 restrictions, for the first time this year we chose to hold our AGM as a hybrid meeting. Shareholders were encouraged to take advantage of this and join the meeting virtually. The Company held the hybrid Annual General Meeting at the Company's registered office with only the minimum number of shareholders present and with those joining virtually forming a quorum as required under the Company's articles of association. All valid proxy votes and voting instructions (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business will shortly be available for inspection on the National Storage Mechanism at https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism

A copy of the voting results shown above is also available on the Company's website at https://landsec.com/investors/shareholders-equity-investors/annual-general-meeting

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For further information, please contact:

Land Securities Group PLC

Liz Miles

Head of Governance and Company Secretary

Tel: [phone]

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July 08, 2021 08:30 ET (12:30 GMT)