Result of AGM
The Local Shopping REIT plc ("the Company") announces that at the Company's Annual General Meeting held on 3 March 2011 all resolutions put to the meeting, as set out in the Notice of the Meeting, were passed on a show of hands.
The meeting was informed of the following valid proxy appointments which had been received in respect of the resolutions:
|
Resolution |
For |
Discretionary |
Against |
Withheld |
Total |
|
1: Receive and adopt the report of the directors and the Company's financial statements for the year ended 30 September 2010. |
61,493,288 |
0 |
0 |
2,749 |
61,496,037 |
|
2: Approve the Directors' Remuneration Report for the year ended 30 September 2010. |
61,069,573 |
0 |
421,000 |
5,464 |
61,496,037 |
|
3: Re-elect Grahame Whateley as a director of the Company. |
56,803,305 |
0 |
421,000 |
4,271,732 |
61,496,037 |
|
4: Re-elect Nicholas Vetch as a director of the Company. |
57,223,305 |
0 |
1,464,750 |
2,807,982 |
61,496,037 |
|
5: Re-elect Victoria Whitehouse as a director of the Company.
|
61,490,573 |
0 |
0 |
5,464 |
61,496,037 |
|
6: Re-appoint KPMG Audit Plc as auditors to the Company and to authorise the directors to determine their remuneration. |
61,480,573 |
0 |
15,464 |
0 |
61,496,037 |
|
7: Renew the directors' authority to allot securities. |
61,489,573 |
0 |
1,000 |
5,464 |
61,496,037 |
|
8: Renew the directors' authority to allot shares for cash, dispensing with Companies Act 2006 pre-emption procedures (Special Resolution). |
49,566,725 |
0 |
11,929,312 |
0 |
61,496,037 |
|
9: Renew the directors' authority to make market purchases of the Company's shares (Special Resolution). |
61,495,037 |
0 |
1,000 |
0 |
61,496,037 |
|
10: Permit general meetings (other than the Annual General Meeting) to be called on 14 clear days' notice (Special Resolution). |
54,936,119 |
0 |
6,554,454 |
5,464 |
61,496,037 |
|
11: Authorise the directors to offer fully paid shares to members as an alternative to dividends. |
61,496,037 |
0 |
0 |
0 |
61,496,037 |
Copies of the Notice of the Meeting, including full text of all the resolutions, may be obtained from the Company's web site: www.localshoppingreit.co.uk.
Enquiries:
Bill Heaney
Company Secretary
020 7292 0333
END
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