Result of AGM

RNS Number : 6314E

Capital & Regional plc

09 May 2017

 

9 May 2017

Capital & Regional plc

Result of AGM

Capital & Regional plc (the "Company") announces that at the Annual General Meeting ("AGM") of the Company held on 9 May 2017 all of the resolutions set out in the Company's Notice of AGM dated 13 April 2017 were duly passed on a show of hands. 

Proxies were received by the Company from shareholders in advance of the meeting as set out in the table below.  The Company has a total of 702,342,500 ordinary shares with voting rights in issue.

As announced on 13 April 2017, Ken Ford did not stand for re-election and therefore stepped down as an Executive Director at the meeting. 

Resolution number	For	Against	Discretionary1	Total Shares Voted	For/ Discretionary as % of Total Shares Voted
1 - To adopt the report and accounts	468,677,977	16,883	5,968	468,700,828	100.00%
2 - To approve the final dividend	469,714,963	10,000	5,968	469,730,931	100.00%
3 - To approve the annual report on directors' remuneration	460,364,341	6,479,856	8,218	466,852,415	98.61%
4 - To re-appoint Deloitte LLP as auditors	463,708,310	6,016,653	5,968	469,730,931	98.72%
5 - To authorise the directors to fix the remuneration of the auditors	467,882,856	1,842,107	5,968	469,730,931	99.61%
6 - To re-elect John Clare	465,525,294	1,997,419	5,968	467,528,681	99.57%
7 - To re-elect Hugh Scott-Barrett	363,318,727	106,204,297	5,968	469,528,992	77.38%
8 - To elect Lawrence Hutchings effective from 13 June 2017	467,730,091	1,992,622	8,218	469,730,931	99.58%
9 - To re-elect Charles Staveley	465,579,081	1,943,632	5,968	467,528,681	99.58%
10 - To re-elect Tony Hales	467,917,788	1,804,925	5,968	469,728,681	99.62%
11 - To re-elect Wessel Hamman	464,802,703	2,720,010	5,968	467,528,681	99.42%
12 - To re-elect Ian Krieger	467,660,006	2,062,707	5,968	469,728,681	99.56%
13 - To re-elect Louis Norval	464,759,338	2,763,375	5,968	467,528,681	99.41%
14 - To re-elect Laura Whyte	467,863,798	1,858,915	5,968	469,728,681	99.60%
15 To elect Guillaume Poitrinal	464,810,348	2,712,365	5,968	467,528,681	99.42%
16 - To approve the introduction of the Deferred Bonus Share Plan	467,322,179	2,400,534	5,968	469,728,681	99.49%
17 - To allot securities	451,971,730	17,750,983	5,968	469,728,681	96.22%
18 - To disapply pre-emption rights	454,255,725	15,455,353	7,603	469,718,681	96.71%
19 - To disapply pre-emption rights for purposes of acquisitions or capital investments	442,117,861	27,604,852	5,968	469,728,681	94.12%
20 - To make market purchases of the Company's own shares in compliance with Section 693 of the Companies Act 2006	468,569,921	1,152,792	5,968	469,728,681	99.75%
21 - To call a general meeting on not less than 14 clear days' notice	425,853,053	43,867,880	7,747	469,728,680	90.66%

1     Where shareholders have appointed the Chairman of the meeting as their proxy with discretion as to voting those votes have been cast in favour of all of the resolutions.

- ENDS -

For further information:

Capital & Regional:	Tel:  [phone]
Hugh Scott-Barrett, Chief Executive
Charles Staveley, Group Finance Director
FTI Consulting	Tel: [phone]
Richard Sunderland Claire Turvey [e-mail]

Notes to editors:

About Capital & Regional plc

Capital & Regional is a UK focused specialist retail REIT with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town dominant community shopping centres.  Capital & Regional is listed on the main market of the London Stock Exchange and has a secondary listing on the Johannesburg Stock Exchange.   

Capital & Regional owns seven shopping centres in Blackburn, Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch.  Capital & Regional manages these assets, which comprise over 900 lettable units and attract c. 1.7 million shopping visits each week, through its in-house expert property and asset management platform.

For further information see www.capreg.com.

 

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