Result of AGM

RNS Number : 0045Q

Berkeley Group Holdings (The) PLC

06 September 2017

 

6 September 2017

The Berkeley Group Holdings plc

2017 Annual General Meeting ("AGM")

Results of AGM

The Berkeley Group Holdings plc is pleased to announce that at its AGM held earlier today, all resolutions were passed on a show of hands.

A breakdown of proxy votes lodged prior to the AGM is set out below.

	In Favour		Against		Withheld	Total votes
Resolution	Votes	%	Votes	%	Votes	validly cast
1	97,367,142	99.93	70,980	0.07	190,003	97,438,122
2	81,907,253	83.91	15,701,650	16.09	19,222	97,608,903
3	91,388,654	95.20	4,602,908	4.80	1,636,563	95,991,562
4	96,652,885	99.00	974,233	1.00	1,008	97,627,118
5	96,134,736	98.47	1,492,811	1.53	579	97,627,547
6	96,650,824	99.00	976,723	1.00	579	97,627,547
7	96,649,842	99.00	976,576	1.00	1,708	97,626,418
8	95,177,693	97.49	2,449,153	2.51	1,279	97,626,846
9	97,127,902	99.49	498,995	0.51	1,229	97,626,897
10	97,129,467	99.49	498,080	0.51	579	97,627,547
11	93,740,511	96.02	3,886,606	3.98	1,008	97,627,117
12	55,510,013	66.50	27,962,567	33.50	14,155,544	83,472,580
13	95,270,836	99.11	851,996	0.89	1,505,293	96,122,832
14	97,128,184	99.49	498,663	0.51	1,279	97,626,847
15	97,567,081	99.94	60,470	0.06	575	97,627,551
16	97,459,752	99.85	149,363	0.15	19,011	97,609,115
17	95,402,541	97.83	2,117,924	2.17	107,661	97,520,465
18	97,560,508	99.93	65,554	0.07	2,064	97,626,062
19	94,970,988	97.28	2,654,197	2.72	2,940	97,625,185
20	95,452,793	97.92	2,026,653	2.08	148,679	97,479,446
21	95,326,919	97.64	2,299,557	2.36	1,641	97,626,476
22	92,207,896	94.48	5,386,193	5.52	33,857	97,594,089

Notes:

1.       The Board notes that proxy votes over 27,962,567 shares, representing 33.50% of votes validly cast, were received against the re-election of Adrian Li (resolution 12).  The Board seeks to ensure that each Director is able to make the necessary commitment to the delivery of their role and is satisfied that all Directors, including Adrian Li, have sufficient capacity to meet their commitments to The Berkeley Group.  We have consulted with a number of shareholders and proxy advisors to discuss the issues raised and will continue to engage with shareholders on this matter.

2.       Votes 'In Favour' include those votes giving discretion to the Chairman.

3.       The number of Ordinary Shares in issue at close of business on 4 September 2017 (excluding shares held in Treasury) was 136,383,642.  A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.

4.       Copies of the resolutions passed will shortly be available for inspection on the National Storage Mechanism at http://www.morningstar.co.uk/uk/NSM.

5.       The full text of the resolutions can be found in the Notice of Annual General Meeting which can be located in the Investor Information section of the Company's website www.berkeleygroup.co.uk.

For further information please contact:

Gemma Parsons                                Tel: [phone]

Company Secretary

The Berkeley Group Holdings plc

Novella Communications                    Tel: [phone]

Tim Robertson                       

LEI:      2138009OQSSLVVHQAL78

 

END

 

 

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