Result of AGM

Capital & Regional plc

03 June 2024

 

3 June 2024

CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")

UK company number 01399411

LSE share code: CAL   

ISIN: GB00BL6XZ716

LEI: 21380097W74N9OYF5Z25

Result of AGM

Capital & Regional plc announces that at the Annual General Meeting ("AGM") of the Company, held on 3 June 2024, all of the resolutions set out in the Company's Notice of AGM, dated 9 May 2024, were duly passed on a poll with the results as stated below. 

As at the close of business on 31 May 2024, being the last day for registration of shareholdings before the AGM, the Company had a total of 224,906,731 ordinary shares in issue each carrying one vote and therefore the total number of voting rights in respect of the AGM was 224,906,731.

Resolution number	For	% For	Against	% Against	Total Shares Voted	% Shares Voted	Votes Withheld
1 - To adopt the report and accounts	171,249,997	100.00	4,756	0.00	171,254,753	76.14%	0
2 - To approve the final dividend of 2.95 pence per share	171,254,430	100.00	323	0.00	171,254,753	76.14%	0
3 - To approve the 2023 Directors' Remuneration Report	171,134,511	99.93	116,995	0.07	171,251,506	76.14%	3,247
4 - To appoint Mazars LLP as auditors	171,252,380	100.00	2,215	0.00	171,254,595	76.14%	158
5 - To authorise the directors to fix the remuneration of the auditors	171,254,272	100.00	323	0.00	171,254,595	76.14%	158
6 - To re-elect David Hunter as a director of the Company	166,367,764	97.15	4,880,788	2.85	171,248,552	76.14%	6,201
7 - To re-elect Lawrence Hutchings as a director of the Company	171,240,801	100.00	7,752	0.00	171,248,553	76.14%	6,200
8 - To re-elect Stuart Wetherly as a director of the Company	171,225,387	99.99	23,166	0.01	171,248,553	76.14%	6,200
9 - To re-elect Laura Whyte as a director of the Company	170,626,793	99.64	621,759	0.36	171,248,552	76.14%	6,201
10 - To re-elect Katie Wadey as a director of the Company	170,717,624	99.69	530,927	0.31	171,248,551	76.14%	6,202
12 - To re-elect Norbert Sasse as a director of the Company	169,904,993	99.22	1,343,560	0.78	171,248,553	76.14%	6,200
12 - To re-elect Panico Theocharides as a director of the Company	169,902,883	99.21	1,345,622	0.79	171,248,505	76.14%	6,248
13 - To elect Gerry Murphy as a director of the Company.	171,240,801	100.00	7,752	0.00	171,248,553	76.14%	6,200
14 - To allot securities.	170,214,633	99.39	1,037,055	0.61	171,251,688	76.14%	3,065
15 - Special resolution - To disapply pre-emption rights	170,211,664	99.39	1,040,024	0.61	171,251,688	76.14%	3,065

16 - Special resolution - To disapply pre-emption rights for acquisitions or capital investments	170,199,829	99.39	1,050,722	0.61	171,250,551	76.14%	4,202
17 - Special resolution - To make market purchases of the Company's own shares in compliance with Section 693 of the Companies Act 2006	170,011,994	99.27	1,242,710	0.73	171,254,704	76.14%	49
18 - Special resolution - To call a general meeting on not less than 14 clear days' notice	170,326,722	99.46	927,982	0.54	171,254,704	76.14%	49

¹Where 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.

²A vote withheld is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.

Votes of independent shareholders on the resolutions concerning the election or re-election of the independent Non-executive Directors:

Resolution number	For	% For	Against	% Against	Total Shares Voted	% Shares Voted	Votes Withheld
6 - To re-elect David Hunter	13,140,498	72.92	4,880,788	27.08	18,021,286	25.14%	6,201
9 - To re-elect Laura Whyte	17,399,527	96.55	621,759	3.45	18,021,286	25.14%	6,201
10 - To re-elect Katie Wadey	17,490,358	97.05	530,927	2.95	18,021,285	25.14%	6,202
13 - To elect Gerry Murphy	18,013,535	99.96	7,752	0.04	18,021,287	25.14%	6,200

As previously announced, Ian Krieger did not seek re-election and stepped down as Senior Independent Director and Non-Executive Director at the conclusion of the meeting. 

Laura Whyte has assumed the role of Senior Independent Director and Gerry Murphy the role of Audit Committee Chair from the close of the meeting.

- ENDS -

For further information:

Capital & Regional plc                                  020 7932 8000

Lawrence Hutchings

Stuart Wetherly

[e-mail]

FTI Consulting                              020 3727 1000

Richard Sunderland                        

Oliver Parsons

[e-mail]

About Capital & Regional plc

Capital & Regional is a UK focused retail property REIT specialising in community shopping centres that dominate their local catchment, serving the non-discretionary and value orientated needs of the local communities. It has a track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of tailored in-town community shopping centres.

Using its expert property and asset management platform Capital & Regional owns and manages community shopping centres in Edinburgh, Hemel Hempstead, Ilford, Maidstone, Walthamstow and Wood Green.

Capital & Regional is listed on the main market of the London Stock Exchange (LSE) and has a secondary listing on the Johannesburg Stock Exchange (JSE).

For further information see www.capreg.com.

 

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