St. Modwen Properties PLC Result of AGM (5424U)

TIDMSMP

RNS Number : 5424U

St. Modwen Properties PLC

29 March 2019

29 March 2019

St. Modwen Properties PLC

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

Result of Voting at 2019 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 Friday 29 March 2019. 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 22 February 2019 which is also available at www.stmodwen.co.uk.

A copy of the resolutions passed as special business (resolutions 13 to 17 inclusive) has been submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk.

 
                                                                                                     % 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             173,814,320       99.98%        40,479        0.02%   173,854,799       78.18%      144,953 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Directors' 
      Remuneration 
      Report (excluding 
 2    policy section)      171,586,466       98.63%     2,374,785        1.37%   173,961,251       78.23%       38,501 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Declaration of 
 3    final dividend       173,991,617      100.00%         1,787        0.00%   173,993,404       78.24%        6,349 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Election of Danuta 
 4    Gray                 173,437,907       99.68%       553,132        0.32%   173,991,039     78.24%          8,713 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of 
 5    Mark Allan           173,518,406       99.73%       471,558        0.27%   173,989,964     78.24%          9,789 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of Ian 
 6    Bull                 173,553,143       99.75%       436,821        0.25%   173,989,964       78.24%        9,789 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of 
 7    Simon Clarke         173,478,121       99.71%       513,043        0.29%   173,991,164       78.24%        8,589 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of 
 8    Jenefer Greenwood    173,549,917       99.75%       440,523        0.25%   173,990,440       78.24%        9,313 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of 
 9    Jamie Hopkins        173,549,768       99.75%       440,196        0.25%   173,989,964     78.24%          9,789 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-election of Rob 
 10   Hudson               173,270,891       99.59%       719,073        0.41%   173,989,964       78.24%        9,789 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Re-appointment of 
 11   auditor              173,930,206       99.99%        15,640        0.01%   173,945,846       78.22%       53,907 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Auditor 
 12   remuneration         173,969,958     99.99%          10,807     0.01%      173,980,765       78.24%       18,988 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Authority to allot 
 13   shares               173,346,331       99.64%       632,204        0.36%   173,978,535       78.24%       21,218 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Disapplication of 
      pre-emption 
 14   rights(5)            173,168,389       99.56%       758,328        0.44%   173,926,717       78.21%       44,136 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
 15   Disapplication of    167,548,880       96.34%     6,373,201        3.66%   173,922,081       78.21%       48,771 
      pre-emption rights 
      (additional 5%)(5) 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Authority to 
      purchase own 
 16   shares(5)            173,046,653       99.55%       777,074        0.45%   173,823,727       78.17%      147,125 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
      Notice periods for 
      general 
 17   meetings(5)          166,622,074       95.78%     7,334,298        4.22%   173,956,372       78.23%       14,481 
---  -------------------  ------------  -----------  ------------  -----------  ------------  -----------  ----------- 
 

Notes:

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

3. The number of ordinary shares in issue on 28 March 2019 was 222,376,988 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. 

LEI: 213800WMV4WVES8TQH05

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March 29, 2019 11:30 ET (15:30 GMT)