1st Mar 2012 15:42
Terrace Hill Group PLC
Results of AGM
At the eighteenth Annual General Meeting of Terrace Hill Group PLC held on Thursday 1 March 2012, all resolutions set out in the Notice of Meeting dated 3 February 2012 were passed by Shareholders on a show of hands. Proxies were received by the Company from Shareholders in advance of the Annual General Meeting as follows:
Resolution | For the resolution (i) | % | Against the resolution | % | Votes withheld (ii) |
To receive and consider the Directors' report and accounts for the year to 30 September 2011 and the auditors' report thereon | 170,916,364 | 80.6 | 3,330 | 0.0 | nil |
To reappoint BDO LLP as auditors of the company | 170,916,364 | 80.6 | 3,330 | 0.0 | nil |
To authorise the directors to fix the remuneration of the auditors | 170,915,364 | 80.6 | 4,330 | 0.0 | nil |
To re-appoint WP Wyatt as a director of the company | 153,089,814 | 72.2 | 9,623,867 | 4.5 | 8,206,013 |
To re-appoint JM Austen as a director of the company | 170,848,970 | 80.6 | 20,724 | 0.0 | 50,000 |
To authorise the Directors to allot shares pursuant to section 551 of the Companies Act 2006 | 169,573,642 | 80.0 | 638,436 | 0.3 | 707,616 |
To authorise the Directors to disapply pre-emption rights pursuant to sections 570 and 573 of the Companies Act 2006 | 169,516,940 | 80.0 | 1,375,639 | 0.7 | 27,115 |
To authorise the Company to make market purchases of its ordinary shares pursuant to section 701 of the Companies Act 2006 | 170,857,750 | 80.6 | 34,829 | 0.0 | 27,115 |
Notes:
(i) Includes discretionary votes
(ii) A vote withheld is not a vote in law and is not counted in the calculation of votes for or against a resolution
As at the date of the meeting there were 211,971,299 ordinary shares of 2 pence each in issue.
-Ends-
For further information, please visit www.terracehill.co.ukor contact:
Oriel Securities (Nominated Adviser) Tel: 020 7710 7600
Gareth Price/Mark Young
FTI Consulting: Tel: 020 7831 3113
Richard Sunderland/Olivia Goodall/Will Henderson [email protected]
Notes to editors:
Terrace Hill Group
Terrace Hill Group PLC is a regionally based UK property development and investment group quoted on AIM. Formed in 1986, the Company has five offices located in London, Glasgow, Teesside, Bristol and Manchester.
Related Shares:
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