23rd Mar 2012 15:01
St. Modwen Properties PLC
Result of Annual General Meeting
At the Annual General Meeting of St. Modwen Properties PLC held earlier today, all resolutions proposed in the Notice of Meeting were passed on a show of hands.
The Company did not provide a trading update at the Meeting. An interim management statement will be issued no later than 13th April 2012.
Details of the proxy votes received prior to the Meeting are set out below and will be published on the Company's website www.stmodwen.co.uk.
RESOLUTION | FOR | AGAINST | WITHHELD | |||
No. of Votes | % of Vote | No. of Votes | % of Vote | No. of Shares | ||
1 | To receive the report of the Directors and the accounts for the year ended 30th November 2011 | 145,635,912 | 99.16% | 1,238,514 | 0.84% | 1,550,006 |
2 | To approve the Directors' Remuneration Report | 140,694,541 | 98.91% | 1,555,851 | 1.09% | 6,174,040 |
3 | To declare a final dividend of 2.2p per share | 146,849,335 | 99.99% | 3,000 | 0.01% | 1,572,097 |
4 | To re-elect Steve Burke as a Director | 146,709,979 | 99.91% | 127,454 | 0.09% | 1,586,999 |
5 | To re-elect Simon Clarke as a Director | 92,406,820 | 64.71% | 50,404,486 | 35.29% | 5,613,126 |
6 | To re-elect Michael Dunn as a Director | 146,711,638 | 99.91% | 126,794 | 0.09% | 1,586,000 |
7 | To re-elect David Garman as a Director | 139,396,253 | 97.71% | 3,264,575 | 2.29% | 5,763,604 |
8 | To re-elect Lesley James as a Director | 139,393,959 | 97.71% | 3,263,351 | 2.29% | 5,767,122 |
9 | To re-elect Katherine Innes Ker as a Director | 139,262,182 | 97.62% | 3,398,503 | 2.38% | 5,763,747 |
10 | To re-elect Bill Oliver as a Director | 146,712,265 | 99.91% | 127,019 | 0.09% | 1,585,148 |
11 | To re-elect John Salmon as a Director | 139,261,231 | 97.62% | 3,396,222 | 2.38% | 5,766,979 |
12 | To re-elect Bill Shannon as a Director | 146,708,139 | 99.91% | 130,115 | 0.09% | 1,586,178 |
13 | To reappoint Deloitte LLP as auditors of the Company | 137,623,488 | 93.71% | 9,237,542 | 6.29% | 1,563,402 |
14 | To authorise the Directors to agree the auditors' remuneration | 136,238,553 | 94.19% | 8,403,116 | 5.81% | 3,782,763 |
15 | To authorise the Directors to allot shares | 146,772,118 | 99.96% | 61,868 | 0.04% | 1,590,446 |
16 | To disapply pre-emption rights * | 146,641,249 | 99.86% | 203,301 | 0.14% | 1,579,882 |
17 | To authorise the Company to purchase its own shares * | 146,787,398 | 99.95% | 79,170 | 0.05% | 1,557,864 |
18 | To authorise short notice general meetings * | 130,676,605 | 88.98% | 16,181,414 | 11.02% | 1,566,413 |
* Special resolution
Notes:
Ÿ The proxy votes are derived from proxy forms received by 12 noon on 21st March 2012.
Ÿ Any proxy appointments which gave discretion to the Chairman have been included in the 'For' total.
Ÿ A vote 'Withheld' is not a vote in law and is not counted in the votes 'For' or 'Against' a resolution.
Ÿ The current issued capital of St. Modwen Properties PLC is 200,360,931 shares.
In accordance with Listing Rule 9.6.2 a copy of the special business resolutions (resolutions 15 to 18 inclusive) passed at the Meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do
23rd March 2012
Enquiries:
| St. Modwen Properties PLC | Tel: 0121 222 9400 |
Tanya Stote, Company Secretary | www.stmodwen.co.uk |
FTI Consulting | Tel: 020 7831 3113 |
Stephanie Highett Richard Sunderland Will Henderson |
Related Shares:
SMP.L