Result of AGM

Glenveagh Properties plc

08 June 2023

 

8 June 2023

Glenveagh Properties plc

Results of Annual General Meeting

Glenveagh Properties plc ("Glenveagh" or the "Group") a leading Irish homebuilder listed on Euronext Dublin and the London Stock Exchange announces that each of the resolutions proposed at the Annual General Meeting ("AGM") of the Group, held today, were passed. Voting on all resolutions was conducted by poll. The full text of each resolution was included in the Notice of Annual General Meeting of the Group, circulated to shareholders on 27 March 2023 and made available on the Group's website (https://glenveagh.ie/corporate/investor-centre/investors-events).

The Board notes that while the advisory Resolution 2, to approve the Annual Report on Remuneration (the 'Remuneration Report'), was approved, 40.84% of shareholders voted against the Remuneration Report.

In advance of the AGM, the Board engaged extensively with shareholders to discuss the approach to remuneration. The Board will continue to engage with shareholders in the coming months and, in line with the 2018 UK Corporate Governance Code, the Company will publish an update on the shareholder engagement within six months.

In accordance with the Listing Rules, a copy of the resolutions passed at the AGM have been forwarded to both Euronext Dublin and the UK National Storage Mechanism and will shortly be available for inspection at the following locations:

Companies Announcements Office

Euronext Dublin

28 Anglesea Street

Dublin 2

and

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

A full list of the votes received will be available for inspection on the Group's website.

For further information, please contact:

Glenveagh Properties plc 

Chloe McCarthy

Group Company Secretary

Tel: [phone]

 

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