Result of AGM

RNS Number : 0597U

Great Portland Estates PLC

24 July 2020

 

Great Portland Estates plc

Result of AGM

Friday 24 July 2020

Great Portland Estates plc (the "Company") announces the results of voting on the resolutions at its Annual General Meeting ("AGM") held on Friday 24 July 2020.

A poll was held on each of the resolutions. Resolutions 1 to 15 and 20 to 24 (ordinary resolutions) and resolutions 16 to 19 (special resolutions) were all passed by the required majority. The results of the poll are as follows:

	Resolution	Votes for	%	Votes Against	%	Total	% of issued share capital	Votes withheld*
	Ordinary resolutions
1	To receive the audited financial statements together with the directors' and auditor's reports for the year ended 31 March 2020.	201,631,759	100.00	0	0.00	201,631,759	79.42	1,188,296
2	To declare a final dividend for the year ended 31 March 2020.	202,728,617	99.95	91,438	0.05	202,820,055	79.89	0
3	To approve the Directors' remuneration report.	200,451,852	99.29	1,430,207	0.71	201,882,059	79.52	937,996
4	To approve the Directors' remuneration policy.	200,319,758	98.77	2,493,248	1.23	202,813,006	79.89	7,049
5	To re-elect Toby Courtauld as a director of the Company.	201,711,606	99.91	173,610	0.09	201,885,216	79.52	934,839
6	To re-elect Nick Sanderson as a director of the Company.	200,924,353	99.07	1,891,018	0.93	202,815,371	79.89	4,684
7	To re-elect Richard Mully as a director  of the Company.	202,123,215	99.66	688,196	0.34	202,811,411	79.89	8,644
8	To re-elect Charles Philipps as a director of the Company.	202,276,641	99.74	534,770	0.26	202,811,411	79.89	8,644
9	To re-elect Wendy Becker as a director  of the Company.	202,278,545	99.74	536,473	0.26	202,815,018	79.89	5,037
10	To elect Vicky Jarman as a director  of the Company.	202,564,713	99.88	248,569	0.12	202,813,282	79.89	6,773
11	To re-elect Nick Hampton as a director  of the Company.	201,239,130	99.22	1,572,281	0.78	202,811,411	79.89	8,644
12	To re-elect Alison Rose as a director  of the Company.	202,272,491	99.73	542,827	0.27	202,815,318	79.89	4,737
13	To reappoint Deloitte LLP as auditor.	198,107,856	97.68	4,707,664	2.32	202,815,520	79.89	4,535
14	To authorise the Audit Committee to agree the  remuneration of the auditor.	201,167,495	99.19	1,651,483	0.81	202,818,978	79.89	1,077
15	To renew the directors' authority to allot shares.	189,354,059	93.36	13,465,996	6.64	202,820,055	79.89	0
	Special resolutions
16	To renew the directors' limited authority to  allot shares for cash.	199,204,314	99.99	20,678	0.01	199,224,992	78.48	3,595,063
17	To give the directors additional limited authority to allot shares for cash in connection with an acquisition or specified capital investment, and including development and/or refurbishment expenditure.	196,394,861	99.52	952,545	0.48	197,347,406	77.74	5,472,649
18	To renew the authority enabling the Company to buy its own shares.	197,960,276	97.62	4,831,862	2.38	202,792,138	79.88	27,917
19	To authorise the calling of general meetings (other than an annual general meeting) on not less than 14 clear days' notice.	186,835,471	92.12	15,984,059	7.88	202,819,530	79.89	525
	Ordinary resolutions
20	To increase the maximum aggregate fees payable to Non-Executive Directors in accordance with the Company's Articles of Association.	200,875,025	99.04	1,939,974	0.96	202,814,999	79.89	5,056
21	To approve the Deferred Share Bonus Plan.	201,830,671	99.52	983,236	0.48	202,813,907	79.89	6,148
22	To approve the Long Term Incentive Plan.	200,423,180	98.82	2,388,013	1.18	202,811,193	79.89	8,862
23	To approve the Save As You Earn Plan.	201,951,872	99.58	860,038	0.42	202,811,910	79.89	8,145
24	To approve the extension of the Share Incentive Plan.	202,774,545	99.98	37,681	0.02	202,812,226	79.89	7,829

Notes:

*A vote withheld is not a vote in law and therefore cannot be counted in the calculation of the proportion of votes for and against a resolution.

As at the date of the AGM, the Company's issued share capital was 253,867,911 shares of 15^5/₁₉ pence each.

In accordance with the Financial Conduct Authority's Listing Rule 9.6.2 a copy of the resolutions passed at the Annual General Meeting will be available via the National Storage Mechanism, which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

For further information contact:

Darren Lennark

Company Secretary

Great Portland Estates plc  

020 7647 3000

LEI Number: 213800JMEDD2Q4N1MC42

 

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