St. Modwen Properties PLC Result of AGM (9285A)

TIDMSMP

RNS Number : 9285A

St. Modwen Properties PLC

29 March 2017

29(th) March 2017

LEI: 213800WMV4WVES8TQH05

Classification: Additional regulated information required to be disclosed under the laws of a

Member State

St. Modwen Properties PLC

("St. Modwen" or the "Company")

Result of Voting at 2017 Annual General Meeting

St. Modwen announces that all resolutions were passed by the requisite majorities on a poll at the Company's Annual General Meeting held on Wednesday 29(th) March 2017. The results of the poll incorporating proxy votes lodged in advance of the meeting are set out below and will be published on the Company's website www.stmodwen.co.uk. The full text of the resolutions is set out in the Notice of Meeting dated 16(th) February 2017 which is also available at www.stmodwen.co.uk.

A copy of the resolutions passed as special business (resolutions 16 to 22 inclusive) has been submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.

 
                                                                                                     % of 
                                                                                                   Issued 
                                                                                                    Share 
                                                                       % Votes   Total Votes      Capital        Votes 
                             Votes For      % Votes         Votes      Against       Validly        Voted     Withheld 
 Resolution                        (1)    For (1,2)       Against          (2)          Cast        (2,3)          (4) 
------------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Annual Report and 
 1    Accounts             175,450,303       99.99%        15,338        0.01%   175,465,641       79.08%      538,863 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Directors' 
      Remuneration 
      Report (excluding 
 2    policy section)      135,483,900       94.84%     7,377,481        5.16%   142,861,381       64.39%   33,143,122 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Directors' 
      remuneration 
 3    policy               165,005,074       96.25%     6,435,537        3.75%   171,440,611       77.27%    4,563,893 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Declaration of 
 4    final dividend       176,001,617      100.00%           187        0.00%   176,001,804       79.32%        2,700 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Election of Mark 
 5    Allan                174,418,022       99.82%       315,607        0.18%   174,733,629       78.75%    1,270,875 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of Ian 
 6    Bull                 172,508,541       99.66%       580,022        0.34%   173,088,563       78.01%    2,915,941 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
 7    Re-election of                                          RESOLUTION WITHDRAWN* 
      Steve Burke 
---  -------------------  -------------------------------------------------------------------------------------------- 
      Re-election of Kay 
 8    Chaldecott           172,949,609       99.92%       131,291        0.08%   173,080,900       78.01%    2,923,604 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of 
 9    Simon Clarke         174,414,142       99.82%       319,487        0.18%   174,733,629       78.75%    1,270,875 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of Rob 
 10   Hudson               172,767,478       99.82%       313,565        0.18%   173,081,043       78.01%    2,923,461 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of 
 11   Lesley James         170,327,978       97.48%     4,405,651        2.52%   174,733,629       78.75%    1,270,875 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of 
 12   Richard Mully        172,799,703       99.84%       280,140        0.16%   173,079,843       78.01%    2,924,661 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of 
 13   Bill Shannon         172,946,445       99.01%     1,721,685        0.99%   174,668,130       78.72%    1,336,374 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Appointment of 
 14   auditor              175,928,813       99.97%        61,129        0.03%   175,989,942       79.32%       14,562 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Auditor 
 15   remuneration         174,329,642       99.99%        15,002        0.01%   174,344,644       78.58%    1,659,860 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      2017 Performance 
 16   Share Plan           164,292,956       96.75%     5,513,978        3.25%   169,806,934       76.53%    6,197,570 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      2017 Employee 
      Share Option 
 17   Scheme               170,904,791       99.98%        31,657        0.02%   170,936,448       77.04%    5,068,056 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Authority to allot 
 18   shares               173,758,810       99.67%       576,045        0.33%   174,334,855       78.57%    1,669,649 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Disapplication of 
      pre-emption 
 19   rights(5)            171,837,172       98.59%     2,457,953        1.41%   174,295,125       78.55%    1,709,379 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
 20   Disapplication of    168,697,086       96.79%     5,588,039        3.21%   174,258,125       78.55%    1,709,379 
      pre-emption rights 
      (additional 5%)(5) 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Authority to 
      purchase own 
 21   shares(5)            174,829,736       99.35%     1,151,900        0.65%   175,981,636       79.31%       22,868 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Notice periods for 
      general 
 22   meetings(5)          164,657,895       94.45%     9,674,199        5.55%   174,332,094       78.57%    1,672,409 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
 

* Resolution withdrawn following the passing of Steve Burke on 13(th) March 2017.

Notes:

   1.     Includes discretionary votes. 
   2.     Percentages are rounded to two decimal places. 

3. The number of ordinary shares in issue on 27(th) March 2017 was 221,876,988 with each share carrying the right to one vote.

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

   5.     Special resolution requiring a 75% majority. 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 29, 2017 10:30 ET (14:30 GMT)