Result of AGM

RNS Number : 1131P

Barratt Developments PLC

14 October 2021

 

BARRATT DEVELOPMENTS PLC

 

RESULTS OF THE 2021 ANNUAL GENERAL MEETING

Barratt Developments PLC (the "Company") held its sixty-third Annual General Meeting (the "AGM") on Wednesday 13^th October 2021, at   Ironmongers' Hall, Off Shaftesbury Place, Aldersgate, Barbican, London EC2Y 8AA.

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 Withheld1	Total Votes Cast (excluding votes withheld)
		No. of Shares	% of shares voted	No. of Shares	% of shares voted	No. of Shares	No. of Shares	% of issued share capital
1.	To receive the Auditor's and Directors' reports, the strategic report and the accounts for the year ended 30 June 2021.	728,337,463	99.98	165,387	0.02	325,435	728,502,850	71.27%
2.	To approve the Directors' remuneration report for the year ended 30 June 2021 (excluding the Directors' remuneration policy).	713,316,429	98.03	14,367,687	1.97	8,583,304	727,684,116	71.19%
3.	To declare a final dividend of 21.9 pence per ordinary share.	735,275,610	99.87	966,710	0.13	25,100	736,242,320	72.03%
4.	To elect Katie Bickerstaffe as a Director of the Company.	735,831,235	99.95	372,444	0.05	63,741	736,203,679	72.02%
5.	To elect Chris Weston as a Director of the Company.	732,601,694	99.51	3,598,525	0.49	67,201	736,200,219	72.02%
6.	To re-elect John Allan as a Director of the Company.	732,172,800	99.45	4,038,796	0.55	55,824	736,211,596	72.02%
7.	To re-elect David Thomas as a Director of the Company.	736,059,843	99.98	149,677	0.02	57,900	736,209,520	72.02%
8.	To re-elect Steven Boyes as a Director of the Company	734,958,257	99.83	1,251,723	0.17	57,440	736,209,980	72.02%
9.	To re-elect Nina Bibby as a Director of the Company.	735,342,635	99.88	866,883	0.12	57,902	736,209,518	72.02%
10.	To re-elect Jock Lennox as a Director of the Company.	727,025,462	99.76	1,745,383	0.24	57,440	728,770,845	71.30%
11.	To re-elect Sharon White as a Director of the Company.	727,896,223	99.88	869,407	0.12	62,655	728,765,630	71.30%
12.	To re-appoint Deloitte LLP as the auditor of the Company.	721,749,715	99.04	7,022,032	0.96	56,538	728,771,747	71.30%
13.	To authorise the Audit Committee to fix the auditor's remuneration.	726,423,144	99.68	2,358,164	0.32	46,947	728,781,308	71.30%
14.	To authorise the Company to make political donations and incur political expenditure.	703,380,609	96.53	25,258,726	3.47	188,950	728,639,335	71.28%
15	To approve the increase of the directors' fee limit from £800,000 to £1,000,000	727,837,032	99.88	864,272	0.12	126,981	728,701,304	71.29%
16.	To authorise the Board to allot shares and grant subscription/conversion rights over shares.	709,500,756	97.35	19,302,848	2.65	24,681	728,803,604	71.30%
17.	To authorise the Board to allot or sell ordinary shares without complying with pre-emption rights.*	709,660,259	97.40	18,965,730	2.60	202,296	728,625,989	71.28%
18.	To authorise the Company to make market purchases of its ordinary shares.*	725,482,964	99.84	1,196,643	0.16	2,148,678	726,679,607	71.09%
19.	To allow the Company to hold general meetings, other than an Annual General Meeting, on not less than 14 clear days' notice.*	696,633,745	94.83	38,009,780	5.17	184,128	734,643,525	71.87%

¹ A vote withheld is not a vote in law.

* Indicates a special resolution requiring a 75% majority.

Issued share capital as at voting record date: 1,022,171,405.  Number of votes per share: one

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

We will shortly submit copies of all resolutions, other than those relating to ordinary business, passed at the meeting, (being Resolutions 15, 16, 17, 18, and 19) to the NSM in accordance with Listing Rule 9.6.2.

These resolutions will therefore be available for inspection at: https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism .

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

David Thomas, Chief Executive                                                         020 7299 4896

Tina Bains, Company Secretary                                                         01530 278 278

For media enquiries, please contact:

Barratt Developments PLC

Tim Collins, Head of Corporate Communications 020 7299 4874

Brunswick

Jonathan Glass/Rosie Oddy  020 7404 5959

 

END

 

 

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