Result of AGM

RNS Number : 0510C

Watkin Jones plc

17 February 2022

 

For immediate release

17 February 2022

Watkin Jones plc

 ('Watkin Jones' or the 'Company')

Result of AGM

Watkin Jones plc (AIM:WJG) announces that at the Company's Annual General Meeting held earlier today, all resolutions were duly passed.

A breakdown of proxy votes lodged prior to and votes received at the meeting for each resolution is set out below and will also be made available on the Company's website. Votes withheld have not been included in the calculation of whether a resolution is carried.

	For	No. of votes 'For' and discretionary	%	Against	%	Withheld
1	Receive the Directors' report and financial statements	196,388,372	99.99	4,608	0.01	127,798
2	Declare a final dividend	196,518,848	99.99	908	0.01	1,022
3	Approve the Directors' remuneration report	180,800,664	92.03	15,659,681	7.97	60,433
4	Elect Alan Giddins as a Director	196,382,917	99.96	83,981	0.04	53,880
5	Re-elect Richard Simpson as a Director	196,290,284	99.91	176,614	0.09	53,880
6	Elect Sarah Sergeant as a Director	196,298,815	99.91	168,083	0.09	53,880
7	Re-elect Simon Laffin as a Director	194,489,240	98.99	1,977,658	1.01	53,880
8	Re-elect Liz Reilly as a Director	190,904,221	97.14	5,613,711	2.86	2,846
9	Appoint Deloitte LLP as auditor	196,447,322	99.97	65,610	0.03	7,846
10	Authorise the Directors to agree the remuneration of the auditor	196,455,284	99.97	54,142	0.03	11,352
11	Authorise the Directors to allot shares	195,030,285	99.25	1,473,938	0.75	16,555
12	Standard 5% disapplication of statutory pre-emption rights	195,915,970	99.71	563,253	0.29	41,555
13	Additional 5% disapplication of statutory pre-emption rights	176,075,990	89.62	20,403,233	10.38	41,555
14	Approve the purchase and cancellation of up to 10% of the issued ordinary share capital	195,875,343	99.99	17,150	0.01	628,285
15	Approve the Sharesave plan	196,444,917	99.99	8,272	0.01	67,589
16	Adopt new articles of association	196,445,760	99.97	59,756	0.03	15,262
17	Allow meetings other than annual general meetings to be called on not less than 14 clear days' notice	195,153,052	99.31	1,363,176	0.69	4,550

For further information:

Watkin Jones plc
Richard Simpson, Chief Executive Officer	Tel: [phone]
Sarah Sergeant, Chief Financial Officer Peel Hunt LLP  (Nominated Adviser & Joint Corporate Broker)		Tel: [phone]
Mike Bell / Ed Allsopp		www.peelhunt.com
Jefferies Hoare Govett  (Joint Corporate Broker)		Tel: [phone]
Max Jones / James Umbers		www.jefferies.com

Media enquiries:

Buchanan
Henry Harrison-Topham / Steph Whitmore [e-mail]	Tel: [phone] www.buchanan.uk.com

Notes to Editors

Watkin Jones is the UK's leading developer and manager of residential for rent, with a focus on the build to rent, student accommodation and affordable housing sectors. The Group has strong relationships with institutional investors, and a reputation for successful, on-time-delivery of high quality developments.  Since 1999, Watkin Jones has delivered 46,000 student beds across 136 sites, making it a key player and leader in the UK purpose-built student accommodation market, and is increasingly expanding its operations into the build to rent sector.  In addition, Fresh, the Group's specialist accommodation management business, manages over 22,000 student beds and build to rent apartments on behalf of its institutional clients.  Watkin Jones has also been responsible for over 80 residential developments, ranging from starter homes to executive housing and apartments.  

The Group's competitive advantage lies in its experienced management team and capital-light business model, which enables it to offer an end-to-end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.

Watkin Jones was admitted to trading on AIM in March 2016 with the ticker WJG.L.  For additional information please visit  www.watkinjonesplc.com

 

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