Result of AGM

RNS Number : 7515C

Ediston Property Inv Comp PLC

24 February 2022

 

24 February 2022

EDISTON PROPERTY INVESTMENT COMPANY PLC  

(the "Company")

Result of 2022 Annual General Meeting

Ediston Property Investment Company plc, announces that at the Company's Annual General Meeting held today, all resolutions were passed by way of a poll and the results of the poll, including the proxy votes received, are set out below.

Resolutions 1 to 10 (inclusive) were proposed as ordinary resolutions and resolutions 11 to 13 (inclusive) were proposed as special resolutions.

In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

	Resolution	Votes For*	%	Votes Against	%	Total votes validly cast	Total votes cast as % of issued share capital	Vote Withheld **
1	Receive annual accounts for year ended 30 September 2021	155,945,766	100.00	0	0.00	155,945,766	73.79	1,200
2	Approve directors' remuneration report	132,453,098	84.95	23,465,968	15.05	155,919,066	73.78	27,900
3	Re-appoint Grant Thornton LLP as auditor	152,907,758	99.98	24,208	0.02	152,931,966	72.37	3,015,000
4	Authorise the directors to determine the auditor's remuneration	155,929,481	99.99	17,485	0.01	155,946,966	73.79	0
5	Re-elect Robin Archibald as a director	111,111,731	84.20	20,855,918	15.80	131,967,649	62.45	23,979,317
6	Re-elect William Hill as a director	153,986,516	98.75	1,942,731	1.25	155,929,247	73.78	17,719
7	Elect Imogen Moss as a director	153,985,306	98.75	1,943,941	1.25	155,929,247	73.78	17,719
8	Re-elect Jamie Skinner as a director	150,301,802	96.40	5,618,925	3.60	155,920,727	73.78	26,239
9	To approve the dividend policy	155,921,681	99.98	25,285	0.02	155,946,966	73.79	0
10	To authorise the directors to allot ordinary shares	155,696,593	99.84	250,373	0.16	155,946,966	73.79	0
11	Subject to resolution 10, disapply pre-emption rights on allotment	148,568,005	95.30	7,321,905	4.70	155,889,910	73.76	57,056
12	To authorise the company to make market purchases of its own shares	155,789,024	99.94	100,886	0.06	155,889,910	73.76	57,056
13	To allow the Company to hold general meetings on 14 days' notice	154,868,312	99.31	1,078,654	0.69	155,946,966	73.79	0

* Includes discretionary votes

** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

Resolutions 2 and 5, which related to the Remuneration Report and the re-election of Mr Archibald, were both passed but received 15.05% and 15.80% votes against respectively from shareholders. The Board will engage with shareholders to understand and address any concerns that they may have regarding these resolutions. The results of these consultations, and any actions to be taken will be reported on during the course of the year. The Board is conscious of the importance of good dialogue with shareholders, particularly if concerns are being expressed through voting.

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For further information, please contact:

Ediston Properties Limited Calum Bruce JTC (UK) Limited Susan Fadil Ruth Wright

[e-mail] [phone] [e-mail] [phone] [phone]

LEI: 213800JRL87EGX9TUI28

 

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