28th Mar 2014 15:22
28th March 2014
St. Modwen Properties PLC
(the "Company")
Result of Voting at 2014 Annual General Meeting
St. Modwen Properties PLC announces that all resolutions were passed by the requisite majorities on a poll at the Company's Annual General Meeting held on Friday 28th March 2014. 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 20th February 2014 which is also available at www.stmodwen.co.uk.
In accordance with Listing Rule 9.6.2 a copy of the resolutions passed as special business (resolutions 16 to 20 inclusive) has been submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.
Resolution | Votes For 1 | % Votes For 1,2 | Votes Against | % Votes Against 2 | Total Votes Validly Cast | % of Issued Share Capital Voted 2,3 | Votes Withheld 4 | |
1 | Annual Report and Accounts | 160,449,389 | 98.79 | 1,959,464 | 1.21 | 162,408,853 | 73.70 | 115,705 |
2 | Directors' Remuneration Report (excluding policy section) | 158,912,413 | 97.98 | 3,269,366 | 2.02 | 162,181,779 | 73.59 | 342,779 |
3 | Policy section of the Directors' Remuneration Report | 156,644,976 | 98.79 | 1,916,724 | 1.21 | 158,561,700 | 71.95 | 3,962,858 |
4 | Declaration of final dividend | 162,500,287 | 100.00 | 187 | 0.00 | 162,500,474 | 73.74 | 24,084 |
5 | Election of Richard Mully | 157,025,489 | 96.64 | 5,467,695 | 3.36 | 162,493,184 | 73.73 | 31,374 |
6 | Re-election of Steve Burke | 162,074,980 | 99.76 | 383,804 | 0.24 | 162,458,784 | 73.72 | 65,774 |
7 | Re-election of Kay Chaldecott | 158,470,494 | 97.52 | 4,028,540 | 2.48 | 162,499,034 | 73.74 | 25,524 |
8 | Re-election of Simon Clarke | 162,081,676 | 99.75 | 413,758 | 0.25 | 162,495,434 | 73.74 | 29,124 |
9 | Re-election of Michael Dunn | 162,124,446 | 99.77 | 374,588 | 0.23 | 162,499,034 | 73.74 | 25,524 |
10 | Re-election of Lesley James | 158,469,099 | 97.52 | 4,029,935 | 2.48 | 162,499,034 | 73.74 | 25,524 |
11 | Re-election of Bill Oliver | 162,130,580 | 99.77 | 368,454 | 0.23 | 162,499,034 | 73.74 | 25,524 |
12 | Re-election of John Salmon | 155,373,658 | 97.47 | 4,030,565 | 2.53 | 159,404,223 | 72.33 | 3,120,335 |
13 | Re-election of Bill Shannon | 161,972,095 | 99.68 | 526,939 | 0.32 | 162,499,034 | 73.74 | 25,524 |
14 | Re-appointment of auditor | 146,418,900 | 90.67 | 15,067,863 | 9.33 | 161,486,763 | 73.28 | 1,037,795 |
15 | Auditor remuneration | 122,858,680 | 87.09 | 18,218,457 | 12.91 | 141,077,137 | 64.02 | 21,447,421 |
16 | Saving Related Share Option Scheme amendments | 161,372,473 | 99.32 | 1,102,677 | 0.68 | 162,475,150 | 73.73 | 46,537 |
17 | Authority to allot shares | 158,778,324 | 97.72 | 3,706,044 | 2.28 | 162,484,368 | 73.73 | 37,319 |
18 | Disapplication of pre-emption rights 5 | 162,391,297 | 99.96 | 68,074 | 0.04 | 162,459,371 | 73.72 | 62,316 |
19 | Authority to purchase own shares 5 | 162,457,389 | 99.98 | 27,516 | 0.02 | 162,484,905 | 73.73 | 36,782 |
20 | Notice periods for general meetings 5 | 154,960,368 | 95.37 | 7,530,236 | 4.63 | 162,490,604 | 73.73 | 33,954 |
Notes:
1. Includes discretionary votes.
2. Percentages are rounded to two decimal places.
3. The number of ordinary shares in issue at 6.00 pm on 26th March 2014 was 220,376,988.
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.
Related Shares:
SMP.L