Result of AGM - Replacement

RNS Number : 7669U

Workspace Group PLC

16 July 2018

 

16 July 2018

WORKSPACE^® GROUP PLC 

RESULTS OF ANNUAL GENERAL MEETING

This announcement replaces the RNS issued by Workspace Group PLC (the "Company") on 13 July 2018 with the results of voting at its Annual General Meeting with RNS No 6237U.

Workspace confirms that the correct number of Votes For Resolution 4, re-election of Mr Kitchen, are as follows:

	Resolution	For (including discretionary)	%	Against	%	Total	% of ISC voted	Withheld*
4.	Re-Elect Mr Kitchen	148,576,563	94.52	8,612,883	5.48	157,189,446	87.15%	5,927,036

Workspace announces that resolutions 1 to 14 and resolutions 17 and 18 set out in the notice of Annual General Meeting dated 11 June 2018 were duly passed on a poll at the Annual General Meeting on 13 July 2018.

Details of the votes cast were as follows:
 

	Resolution	For (including discretionary)	%	Against	%	Total	% of ISC voted	Withheld*
1.	Receive and adopt 2018 Annual Report	159,997,379	98.16	2,991,147	1.84	162,988,526	90.37%	127,957
2.	Approve Annual report on remuneration	161,725,502	99.27	1,192,808	0.73	162,918,310	90.33%	198,173
3.	Declare final dividend of 18.55p per ordinary share	162,994,361	100.00	0	0.00	162,994,361	90.37%	122,123
4.	Re-Elect Mr Kitchen	148,576,563	94.52	8,612,883	5.48	157,189,446	87.15%	5,927,036
5.	Re-Elect Mr Hopkins	162,845,017	99.91	142,266	0.09	162,987,283	90.37%	129,201
6.	Re-Elect Mr Clemett	161,989,279	99.39	996,437	0.61	162,985,716	90.37%	130,768
7.	Re-Elect Dr Moloney	162,748,842	99.86	233,441	0.14	162,982,283	90.36%	134,201
8.	Re-Elect Mr Girling	162,756,019	99.86	225,947	0.14	162,981,966	90.36%	134,518
9.	Re-Elect Mr Russell	162,756,019	99.86	226,264	0.14	162,982,283	90.36%	134,201
10.	Re-elect Mr Hubbard	162,729,316	99.86	225,947	0.14	162,955,263	90.35%	134,201
11.	Re- appoint KPMG LLP as auditor	162,960,328	100.00	5,085	0.00	162,965,413	90.35%	124,051
12.	Authorise the Board to set the auditor's remuneration	162,891,113	100.00	942	0.00	162,892,055	90.31%	197,409
13.	Authorise allotment of equity securities	160,753,049	98.64	2,209,964	1.36	162,963,013	90.35%	126,451
14.	Authorise political donations	112,275,229	68.88	50,716,059	31.12	162,991,288	90.37%	125,196
15.	Disapplication of pre-emption rights**	104,454,984	64.22	58,191,104	35.78	162,646,088	90.18%	470,394
16.	Disapplication of pre-emption rights in connection with an acquisition or a specified capital investment**	94,668,556	58.21	67,977,532	41.79	162,646,088	90.18%	470,394
17.	Authorise the Company to purchase its ordinary shares**	162,829,221	99.96	72,052	0.04	162,901,273	90.32%	215,210
18.	Authorise calling general meetings on 14 clear days' notice**	159,427,970	97.81	3,566,006	2.19	162,993,976	90.37%	122,508

Notes:

* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution.
** Indicates special resolutions requiring a 75% majority.

The Company notes that a significant number of votes have been cast against resolutions 14, 15 and 16. In the case of resolutions 15 and 16, these votes will prevent the resolutions from being passed, as these resolutions are special resolutions requiring at least 75% of all votes cast by shareholders to be in favour of them in order to pass. The Company is disappointed by this outcome, as these resolutions are considered routine for UK listed companies and would have renewed the disapplication authorities granted at the Company's previous Annual General Meeting. The Company will continue to engage with shareholders in order to fully understand their views and explain why it considers these resolutions are in shareholders' best interests as a whole.

Copies of the resolutions passed at the AGM, other than those concerning ordinary business, will be submitted to the UK Listing Authority and will in due course be available for inspection at www.morningstar.co.uk/uk/NSM

Details of the votes received on the resolutions are available on the Company's website at www.workspace.co.uk.

For further information, please contact:

Workspace Group PLC                                                                                    020 7138 3300

Carmelina Carfora, Company Secretary

Clare Marland, Head of Corporate Communications

Notes to Editors

About Workspace Group PLC:

Workspace is geared towards helping businesses perform at their very best. The Workspace Advantage is our unique customer offer and is open to all - we provide inspiring, flexible work spaces with super-fast technology in dynamic London locations.

Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages 3.6 million sq. ft. of business space across 63 London properties. We are home to thousands of businesses including some of London's fastest growing and established brands across a wide range of sectors.

The way businesses work is changing. That's why we continually invest in providing the technology infrastructure that enables our customers to think and move fast, and alongside their working environment, is tailored to each individual business.

Workspace (WKP) is a FTSE 250 listed Real Estate Investment Trust and a member of the European Public Real Estate Association.

Workspace® is a registered trade mark of Workspace Group Plc, London, UK.

LEI: 2138003GUZRFIN3UT430

For more information on Workspace, please visit www.workspace.co.uk 

 

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