Result of AGM

RNS Number : 4492W

Barratt Developments PLC

18 November 2010

 



BARRATT DEVELOPMENTS PLC

 

RESULTS OF THE 2010 ANNUAL GENERAL MEETING

Barratt Developments PLC (the "Company") held its fifty-second Annual General Meeting on Wednesday 17 November 2010, at the Royal College of Physicians, 11 St Andrews Place, Regent's Park, London NW1 4LE.

All resolutions put to the meeting were voted on by way of a poll and were passed by the shareholders. The results of the poll for each such resolution are shown below:

Poll Results

Resolution		Votes For (including Chairman's discretionary votes)		Votes Against		Votes Withheld	Total Votes Cast (excluding votes withheld)
		No. of Shares	% of shares voted	No. of Shares	% of shares voted	No. of Shares	No. of Shares
1.	To receive and adopt the reports of the auditors and directors and the accounts for the year ended 30 June 2010.	492,519,347	99.80	975,810	0.20	50,980	493,495,157
2.	To re-elect Mr R J Davies as a director.	462,088,322	94.96	24,505,614	5.04	6,952,201	486,593,936
3.	To re-elect Mr W Shannon as a director (withdrawn)*.	x	x	x	x	x	x
4.	To re-appoint Deloitte LLP as auditors of the Company and authorise the directors to fix their remuneration.	468,557,600	98.47	7,290,384	1.53	17,698,153	475,847,984
5.	To approve the Directors' Remuneration Report for the year ended 30 June 2010.	449,097,223	91.42	42,165,234	8.58	2,283,680	491,262,457
6.	To authorise the Company to make political donations and incur political expenditure.	454,078,208	93.36	32,319,855	6.64	7,148,074	486,398,063
7.	To authorise the Board to allot shares and grant subscription/conversion rights.	492,576,020	99.83	839,545	0.17	130,572	493,415,565
8.	To authorise the Board to allot equity securities.^	492,858,947	99.89	520,215	0.11	166,536	493,379,162
9.	To authorise the Board to make purchases of its Ordinary Shares.^	493,178,440	99.94	298,171	0.06	69,526	493,476,611
10.	To allow the Company to hold general meetings, other than an annual general meeting, on not less than 14 clear days' notice.^	469,184,760	96.46	17,208,300	3.54	63,077	486,393,060

* As announced on 21 October 2010, Bill Shannon resigned from his position as non-executive director of the Company because of his appointment as a non-executive director and Chairman designate of St Modwen Properties PLC as a result this resolution was withdrawn from the business of the meeting.

^ Indicates a special resolution requiring a 75% majority.

Issued share capital as at voting record date: 965,254,676.

Number of votes per share: one

Resolutions submitted to the National Storage Mechanism (the 'NSM')

Copies of all resolutions, other than those relating to ordinary business, passed at the meeting, (being Resolutions 7, 8, 9 and 10) have today been submitted to the NSM in accordance with Listing Rule 9.6.2.

These resolutions will shortly be available for inspection at: www.Hemscott.com/nsm.do.

The poll results will also be available shortly on the Company's website www.barrattdevelopments.co.uk.

For further information please contact:

Barratt Developments PLC

Mark Clare, Group Chief Executive                                                                  

David Thomas, Group Finance Director                020 7299 4898

For media enquiries, please contact:

Barratt Developments PLC                                                                 

Dan Bridgett, Head of External Affairs                  020 7299 4873

Maitland                                                      

Liz Morley                                                         020 7379 5151

Neil Bennett                                                  

 

END

 

 

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