Result of AGM

Town Centre Securities PLC

01 December 2023

 

1 December 2023

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 Friday 1 December 2023, 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 either in advance of or as voted for at 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 2023	26,448,828	99.99%	2,040	0.01%		26,450,868	54.59%		203,012
2	Approve the Directors' Remuneration Report (excluding Directors' Remuneration Policy) for the financial year ended 30 June 2023	25,898,747	97.93%	548,200	2.07%		26,446,947	54.58%		206,933
3	Declare the final cash dividend recommended by the Board	26,447,628	99.99%	3,340	0.01%		26,450,968	54.59%		202,912
4	Re-elect M Ziff as a non-executive Director	26,209,810	99.10%	237,777	0.90%		26,447,587	54.58%		206,293
5	Re-elect I Marcus as a non-executive Director	26,261,833	99.29%	189,035	0.71%		26,450,868	54.59%		203,012
6	Re-elect P Huberman as a non-executive Director	26,448,543	99.99%	2,325	0.01%		26,450,868	54.59%		203,012
7	Re-elect J Collins as a non-executive Director	26,448,543	99.99%	2,425	0.01%		26,450,968	54.59%		202,912
8	Re-elect E Ziff as an executive Director	25,996,841	98.98%	267,317	1.02%		26,264,158	54.20%		389,722
9	Re-elect B Ziff as an executive Director	26,447,009	99.99%	3,859	0.01%		26,450,868	54.59%		203,012
10	Re-elect S MacNeill as an executive Director	26,447,528	99.99%	3,440	0.01%		26,450,968	54.59%		202,912
11	Elect C Burrow as an executive Director	26,447,528	99.99%	3,340	0.01%		26,450,868	54.59%		203,012
12	Re-appoint BDO as auditors of the Company	26,213,376	99.99%	2,174	0.01%		26,215,550	54.10%		438,330
13	Authorise the Directors to determine the remuneration of the auditor	26,448,694	99.99%	2,274	0.01%		26,450,968	54.59%		202,912
14	Authorise the Directors to make political donations	26,235,412	99.89%	28,846	0.11%		26,264,258	54.20%		389,622
15	Authorise the Board to allot shares	26,166,658	98.93%	284,310	1.07%		26,450,968	54.59%		202,912
16	Authorise the Board to Disapply Pre-emption Rights	26,335,083	99.56%	115,885	0.44%		26,450,968	54.59%		202,912
17	Authorise the Directors to disapply pre-emption rights for purposes of acquisitions or capital investments	25,917,704	97.98%	533,264	2.02%		26,450,968	54.59%		202,912
18	Authorise the Company to purchase  own shares	26,212,927	98.35%	440,253	1.65%		26,653,180	55.01%		700
19	Authorise the convening of general meetings on 14 clear days' notice	26,430,594	99.92%	20,374	0.08%		26,450,968	54.59%		202,912
Resolutions 5, 6 and 7 - Excluding controlling shareholder votes
Resolution		Votes for	%	Votes against	%		Total shares for and against	% of total voting rights *		Votes withheld **
5	Re-elect I Marcus as a non-executive Director	5,979,484	96.94%	189,035	3.06%		6,168,519	12.73%		203,012
6	Re-elect P Huberman as a non-executive Director	6,166,194	99.96%	2,325	0.04%		6,168,519	12.73%		203,012
7	Re-elect J Collins as a non-executive Director	6,166,194	99.96%	2,425	0.04%		6,168,619	12.73%		202,912
* As at the date of the Annual General Meeting, the total number of shares with voting rights in the Company is 48,455,599
** A 'vote withheld' is not a vote in law and cannot be counted in the calculation of the votes for and against a resolution

Notice of half year results

The Company intends to announce its half year results for the six months ending 31 December 2023 no later than March 2024. A further announcement will be made to shareholders when a specific date is confirmed.

ENDS

For further information, please contact:

Town Centre Securities PLC	www.tcs-plc.co.uk / @TCS PLC
Edward Ziff, Chairman and Chief Executive Stewart MacNeill, Group Finance Director	0113 222 1234
MHP	[e-mail]
Reg Hoare / Matthew Taylor	020 3128 8100
Liberum	www.liberum.com
Jamie Richards  / Lauren Kettle / Nikhil Varghese	020 3100 2123
Peel Hunt	www.peelhunt.com
Carl Gough / Henry Nicholls / Capel Irwin	020 7418 8900

 

END