LONDON AND ASSOCIATED PROPERTIES PLC - Outcome of AGM

FOR IMMEDIATE RELEASE

12 June 2019

London & Associated Properties PLC (“the Company”) (“LAP”)

Outcome of AGM

LAP announces, following the Company's 79th Annual General Meeting held today at 24 Bruton Place, London W1J 6NE the outcome of the resolutions put to shareholders.

On all Ordinary Resolutions 1-9 and Special Resolutions 10-12 voting was conducted by way of a poll. Resolutions 1-9 were passed as Ordinary Resolutions and Resolutions 11 and 12 were passed as special resolutions. Special Resolution 10, was not passed.

Full results of the poll for each resolution are shown below.

Resolution	VOTES FOR	%	VOTES AGAINST	% (2)	VOTES TOTAL	% of ISC VOTED (3)	VOTES WITHHELD (1)
1- To receive the Company’s annual accounts for the year ended 31 December 2018 together with the directors’ reports and the auditors’ reports on those accounts.	60,592,714	94.05	3,832,909	5.95	64,425,623	75.31	2,210,000
2- To approve the remuneration report for the year ended 31 December 2018.	48,551,587	72.91	18,042,758	27.09	66,594,345	77.85	41,952
3- To approve a final dividend of 0.18pence per share.	64,408,045	99.94	37,507	0.06	64,445,552	75.34	2,204,797
4- To re-elect as a director Sir Michael Heller	48,617,100	73.03	17,955,523	26.97	66,572,623	77.82	63,674
5- To re-elect as a director Mr Howard Goldring	48,621,346	73.03	17,956,487	26.97	66,577,833	77.83	58,464
6- To elect as a director Mr Jonathan Mintz	56,852,169	88.08	7,696,813	11.92	64,548,982	75.46	2,101,352
7- To reappoint RSM UK Audit LLP as auditors.	56,793,139	85.34	9,759,719	14.66	66,552,858	77.80	82,750
8- To authorise the directors to determine the remuneration of the auditors.	62,370,821	99.88	77,292	0.12	62,448,113	73.00	4,202,236
9- To authorise the directors to allot shares and rights to subscribe for shares.	48,684,313	73.13	17,886,052	26.87	66,570,365	77.82	20,243
10- To empower the directors to disapply statutory pre-emption rights.	48,660,013	73.08	17,922,991	26.92	66,583,004	77.84	53,293
11- To authorise the Company to make market purchases of its own shares.	56,843,295	85.32	9,781,632	14.68	66,624,927	77.88	10,681
12- To authorise the calling of general meetings of the Company (other than annual general meetings) on 14 clear days’ notice.	56,823,063	85.29	9,800,714	14.71	66,623,777	77.88	11,831

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

2              The percentage excludes votes withheld as these are not votes in law.

3              ISC – Issued Share Capital. As at the date of the AGM, the Company’s issued share capital (excluding treasury shares) consisted of 85,324,514 Ordinary Shares of 10 pence each, carrying one vote each. Therefore the total number of voting rights as at the date of the AGM was 85,324,514.

A copy of the resolutions passed at the AGM has been submitted to the National Storage Mechanism and will shortly be available for viewing at www.morningstar.co.uk/uk/nsm and will be uploaded to the Company’s website shortly.

For further information, please contact:

Jonathan Mintz
Secretary
London & Associated Properties PLC
Tel: [phone]
12 June 2019
END
 

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