Workspace Group PLC AGM Results Announcement (2615F)

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RNS Number : 2615F

Workspace Group PLC

11 July 2019

11 July 2019

WORKSPACE GROUP PLC

RESULTS OF ANNUAL GENERAL MEETING

Workspace Group PLC (the "Company") announces that all of the resolutions set out in the notice of Annual General Meeting dated 10 June 2019 were duly passed on a poll at today's Annual General Meeting.

Details of the votes cast were as follows:

 
           Resolution        For (including      %       Against       %        Total      % of ISC voted   Withheld* 
                              discretionary) 
       Receive and adopt 
       2019 Annual Report 
  1.   and Accounts            145,394,412     100.00     5,415      0.00    145,399,827       80.50         142,643 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
       Approve 2019 Annual 
  2.   Remuneration Report     145,127,323     99.76     348,911     0.24    145,476,234       80.55          66,235 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
  3.   Declare final           145,482,565     100.00       0        0.00    145,482,565       80.55          59,905 
       dividend of 22.26p 
       per ordinary share 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
  4.   Re-Elect Mr Kitchen     110,343,219     85.36    18,924,856   14.64   129,268,075       71.57        16,274,394 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
  5.   Re-Elect Mr Clemett     145,476,538     100.00     4,134      0.00    145,480,672       80.55          61,798 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
  6.   Re-Elect Dr Moloney     145,334,681     99.90     145,991     0.10    145,480,672       80.55          61,798 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
  7.   Re-Elect Mr Girling     145,343,225     99.91     131,682     0.09    145,474,907       80.54          67,563 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
  8.   Re-Elect Mr Russell     145,343,225     99.91     137,447     0.09    145,480,672       80.55          61,798 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
  9.   Re-Elect Mr Hubbard     112,563,766     79.62    28,815,004   20.38   141,378,770       78.28        4,163,699 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
 10.   Elect Ms Macpherson     145,466,083     99.99      8,784      0.01    145,474,867       80.54          67,603 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
       Re- appoint KPMG 
 11.   LLP as auditor          145,475,519     100.00     5,796      0.00    145,481,315       80.55          61,155 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
 12.   Authorise the Board     145,473,538     100.00     4,645      0.00    145,478,183       80.55          64,287 
       to set the 
       auditor's 
       remuneration 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
 13.   Authorise allotment     142,990,614     98.29    2,490,058    1.71    145,480,672       80.55          61,798 
       of equity 
       securities 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
       Authorise political 
 14.   donations               145,454,814     99.98      25,488     0.02    145,480,302       80.55          62,168 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
 15.   Limited                 141,055,920     99.83     243,048     0.17    141,298,968       78.23        4,243,502 
       disapplication of 
       pre-emption 
       rights** 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
 16.   Authorise the           145,389,851     99.98      26,462     0.02    145,416,313       80.51         126,156 
       Company to purchase 
       its ordinary 
       shares** 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
 17.   Authorise calling       142,568,138     98.00    2,911,571    2.00    145,479,709       80.55          62,761 
       general meetings on 
       14 clear days' 
       notice** 
      --------------------  ----------------  -------  -----------  ------  ------------  ---------------  ----------- 
 

Notes:

* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution.

** Indicates special resolutions requiring a 75% majority.

The Company notes that a significant number of votes were cast against resolution 9. Shareholder feedback is important to us and we will continue to engage constructively with shareholders in order to understand the reasons behind this result. In accordance with the UK Corporate Governance Code 2018, the Company plans to provide an update on this consultation process within six months.

Copies of the resolutions passed at the AGM, other than those concerning ordinary business, will be submitted to the UK Listing Authority and will in due course be available for inspection at www.morningstar.co.uk/uk/NSM

Details of the proxy votes received by the Company in advance of the Annual General Meeting are available on the Company's website at www.workspace.co.uk.

Enquiries:

Carmelina Carfora, Company Secretary

Workspace Group PLC

LEI: 2138003GUZRFIN3UT430

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July 11, 2019 07:47 ET (11:47 GMT)