Result of AGM

RNS Number : 6253F

Town Centre Securities PLC

17 November 2020

 

17 November 2020

Town Centre Securities PLC
(The 'Group' or the 'Company')

Results of the AGM

The Directors of Town Centre Securities are pleased to announce that at its Annual General Meeting held on Tuesday 17 November 2020, all of the proposed resolutions as set out in the Notice of Annual General Meeting were passed on a poll of votes. Total votes received from shareholders by the Company in advance of the meeting, were as set out below:

Resolution		Votes for	%	Votes against	%		Total shares for and against	% of total voting rights *		Votes withheld **
1	Receive and adopt the financial statements for the financial year ended 30 June 2020	34,410,798	100.00%	0	0.00%		34,410,798	64.73%		743
2	Approve the Directors' Remuneration Report (excluding Directors' Remuneration Policy) for the financial year ended 30 June 2020	33,069,646	99.09%	302,488	0.91%		33,372,134	62.77%		1,039,407
3	Approve the Directors' Remuneration Policy	33,358,146	96.94%	1,051,568	3.06%		34,409,714	64.73%		1,827
4	Declare the final cash dividend recommended by the Board	34,407,748	99.99%	3,050	0.01%		34,410,798	64.73%		743
5	Re-elect M Ziff as a non-executive Director	33,345,182	96.97%	1,043,348	3.03%		34,388,530	64.69%		23,011
6	Elect I Marcus as a non-executive Director	33,105,450	96.21%	1,304,580	3.79%		34,410,030	64.73%		1,511
7	Elect P Huberman as a non-executive Director	34,410,030	100.00%	0	0.00%		34,410,030	64.73%		1,511
8	Elect J Collins as a non-executive Director	34,410,030	100.00%	0	0.00%		34,410,030	64.73%		1,511
9	Elect E Ziff as an executive Director	33,372,450	96.98%	1,037,580	3.02%		34,410,030	64.73%		1,511
10	Elect B Ziff as an executive Director	34,410,030	100.00%	0	0.00%		34,410,030	64.73%		1,511
11	Elect M Dilley as an executive Director	34,410,030	100.00%	0	0.00%		34,410,030	64.73%		1,511
12	Re-appoint BDO as auditors of the Company	33,372,450	100.00%	0	0.00%		33,372,450	62.78%		1,039,091
13	Authorise the Directors to determine the remuneration of the auditor	34,410,030	100.00%	0	0.00%		34,410,030	64.73%		1,511
14	Authorise the Directors to make political donations	33,949,894	99.15%	290,759	0.85%		34,240,653	64.41%		170,888
15	Authorise the Board to allot shares	34,392,032	99.95%	17,998	0.05%		34,410,030	64.73%		1,511
16	Authorise the Directors to allot shares otherwise than on a pre-emptive basis - general	33,948,843	98.66%	461,187	1.34%		34,410,030	64.73%		1,511
17	Authorise the Directors to disapply pre-emption rights for purposes of acquisitions or capital investments	32,890,441	95.58%	1,519,589	4.42%		34,410,030	64.73%		1,511
18	Authorise to purchase Company's own shares	34,375,300	99.90%	35,498	0.10%		34,410,798	64.73%		743
19	Authorise the convening of general meetings on 14 clear days' notice	34,213,530	99.92%	27,268	0.08%		34,240,798	64.41%		170,743
Resolutions 6, 7 and 8 - Excluding controlling shareholder votes
Resolution		Votes for	%	Votes against	%		Total shares for and against	% of total voting rights *		Votes withheld **
6	Elect I Marcus as a non-executive Director	6,025,878	82.20%	1,304,580	17.80%		7,330,458	13.79%		0
7	Elect P Huberman as a non-executive Director	7,330,458	100.00%	0	0.00%		7,330,458	13.79%		0
8	Elect J Collins as a non-executive Director	7,330,458	100.00%	0	0.00%		7,330,458	13.79%		0
* As at the date of the Annual General Meeting, the total number of shares with voting rights in the Company is 53,161,950.
** A 'vote withheld' is not a vote in law and cannot be counted in the calculation of the votes for and against a resolution

ENDS

For further information, please contact:

Town Centre Securities PLC  www.tcs-plc.co.uk / @TCS PLC

Edward Ziff, Chairman and Chief Executive  0113 222 1234

Mark Dilley, Group Finance Director 

MHP Communications  020 3128 8572

Reg Hoare / Alistair de Kare-Silver / Florence Mayo   [e-mail]

 

END

 

 

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