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Share Name Share Symbol Market Type Share ISIN Share Description
Urban&civic Plc LSE:UANC London Ordinary Share GB00BKT04W07 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -0.21% 241.00 237.50 243.00 246.50 235.00 235.50 29,176 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate 102.1 16.3 8.8 27.4 350

Urban&Civic plc AGM Statement / Results of AGM

06/02/2020 2:47pm

UK Regulatory (RNS & others)


Urban&civic (LSE:UANC)
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TIDMUANC

RNS Number : 2464C

Urban&Civic plc

06 February 2020

6 February 2020

Urban&Civic plc (the "Company")

AGM Statement / Results of AGM

Urban&Civic, the property investor and developer, gave a brief presentation to shareholders at today's Annual General Meeting ("AGM"), a copy of which can also be viewed on the Company's website at www.urbanandcivic.com.

Nigel Hugill, Chief Executive, reaffirmed the expectation that the Company will at least meet guidance of 1,200 plot sales in the financial year to 30 September 2020.

The Company further announces that, at the AGM, all resolutions were passed by the requisite majority. Each of the resolutions put to the AGM were voted on by way of a poll. The results of the poll for each resolution are shown in the table below.

 
       Resolution                  For           For      Against       Against   Votes           Total issued 
                                    (number       (%)      (number       (%)       Withheld        share capital 
                                    of shares)             of shares)                              instructed 
                                                                                                   (%) 
       To receive and 
        adopt the accounts 
        of the Company 
        for the year 
        ended 30 September 
 1.     2019.                      121,084,355   99.99%        10,719     0.01%         162,617           83.43% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To approve the 
        directors' remuneration 
 2.     report.                    119,216,760   98.32%     2,032,633     1.68%           8,298           83.53% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To declare a 
        final dividend 
        for the year 
        of 2.5p pence 
 3.     per share.                 121,250,192   99.99%         7,500     0.01%               0           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To re-elect Alan 
        Dickinson as 
        a director of 
 4.     the Company.               119,029,489   98.16%     2,228,202     1.84%               0           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To re-elect Nigel 
        Hugill as a director 
 5.     of the Company.            121,081,207   99.85%       176,485     0.15%               0           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To re-elect Robin 
        Butler as a director 
 6.     of the Company.            121,081,207   99.85%       176,485     0.15%               0           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To re-elect David 
        Wood as a director 
 7.     of the Company.            119,309,866   98.39%     1,947,826     1.61%               0           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To re-elect Ian 
        Barlow as a director 
 8.     of the Company.            113,236,278   93.38%     8,021,414     6.62%               0           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To re-elect June 
        Barnes as a director 
 9.     of the Company.            121,066,552   99.84%       191,140     0.16%               0           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To elect Rosemary 
        Boot as a director 
 10.    of the Company.            121,067,945   99.85%       182,247     0.15%           7,500           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To re-elect Jon 
        Di-Stefano as 
        a director of 
 11.    the Company.               121,075,418   99.85%       180,319     0.15%           1,955           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To elect Sanjeev 
        Sharma as a director 
 12.    of the Company.            121,074,321   99.85%       181,416     0.15%           1,955           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To re-appoint 
        BDO LLP as auditor 
 13.    to the Company.            120,247,951   99.17%     1,001,908     0.83%           7,833           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To authorise 
        the directors 
        to determine 
        the auditor's 
 14.    remuneration.              121,241,779   99.99%        14,800     0.01%           1,013           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To authorise 
        the directors 
        to allot equity 
 15.    securities.                109,173,612   90.03%    12,083,400     9.97%             680           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To disapply statutory 
 16.    pre-emption rights.*       121,247,887   99.99%         9,575     0.01%             230           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To disapply statutory 
        pre-emption rights 
        (acquisitions 
 17.    and capital investment)*   121,229,617   99.98%        27,844     0.02%             230           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To authorise 
        the directors 
        to make market 
        purchases of 
        shares of the 
 18.    Company.*                  121,210,161   99.99%        15,460     0.01%          32,070           83.52% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To authorise 
        the making of 
        political donations 
 19.    by the Company.            120,916,024   99.73%       331,668     0.27%          10,000           83.53% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
       To authorise 
        the Company to 
        call any general 
        meeting of the 
        Company other 
        than the annual 
        general meeting 
        by notice of 
        at least 14 clear 
 20.    days.*                     105,201,262   86.76%    16,056,097    13.24%             333           83.54% 
      --------------------------  ------------  -------  ------------  --------  --------------  --------------- 
 

*Special Resolution

Notes:

   1.    All resolutions were passed. 

2. Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.

3. Votes "For" and "Against" any resolution are expressed as a percentage of votes cast for that resolution.

4. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.

5. The number of shares in issue at close of business on 6 February 2020 was 145,148,088 (the "Share Capital") and at that time the Company did not hold any shares in Treasury.

6. The proportion of "Total issued share capital instructed" for any resolution is the total of votes validly cast for that resolution (i.e. the total votes "For" and "Against" that resolution) expressed as a percentage of the Share Capital.

7. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.urbanandcivic.com

8. A copy of resolutions 15 to 20 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/nsm

9. The complete poll results will be available shortly on the Company's website at www.urbanandcivic.com

For further information:

Urban&Civic plc

   Heather Williams                                              020 7509 5555 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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