Result of Annual General Meeting

LSL Property Services PLC

25 May 2023

 

LSL Property Services plc (LSL)

Results of Annual General Meeting 2023 (AGM)

LSL held its AGM on 25^th May 2023 at 3.15pm at 210 Euston Road, London, NW1 2DA.  All resolutions set out in the Notice of the Meeting were passed by shareholders by way of a poll and details of the votes cast are set out below.  89,959,436 proxy votes were received representing 86.51% of the total number of ordinary shares in issue (excluding treasury shares)*.   The following table gives details of the proxy votes lodged with LSL's registrar:

Resolution	Total Votes For/Discretion (%)**	Total Votes Against (%)	Total Votes Withheld***
1.    To receive, consider and adopt LSL's Annual Accounts for the year ended 31st December 2022, together with the Directors' Report and Auditor's Report on those accounts.	99.99	0.01	1,358
2.     To approve the Directors' Remuneration Report (other than the part containing the Directors' Remuneration Policy) contained within LSL's Annual Report and Accounts 2022.	99.99	0.01	1,286
3.   To approve the Directors' Remuneration Policy, which is set in the Directors' Remuneration Report contained within LSL's Annual Report and Accounts 2022 and which took effect on 1st January 2023.	99.99	0.01	1,286
4.     To declare a final dividend, recommended by the Directors, of 7.4 pence per ordinary share in respect of the year ended 31st December 2022, to be paid on 2nd June 2023 to shareholders whose names appear on the Register of Members of LSL at the close of business on 28th April 2023.	99.99	0.01	2,441
5.     To re-elect Gaby Appleton as a Director of LSL.	99.42	0.58	917
6.     To elect David Barral as a Director of LSL.	99.63	0.37	917
7.     To re-elect Adam Castleton as a Director of LSL.	99.71	0.29	917
8.     To re-elect Simon Embley as a Director of LSL.	99.53	0.47	786
9.     To re-elect Darrell Evans as a Director of LSL.	99.42	0.58	918
10.   To re-elect Sonya Ghobrial as a Director of LSL.	97.77	2.23	918
11.   To re-elect James Mack as a Director of LSL.	99.42	0.58	918
12.   To re-elect David Stewart as a Director of LSL.	99.71	0.29	786
13.   To re-appoint Ernst & Young LLP as auditor of LSL.	97.27	2.73	917
14.   To authorise the Directors to determine the auditor's remuneration.	99.99	0.01	549
15.   To authorise the Directors to allot shares.	99.98	0.02	1,260
16.   To disapply pre-emption rights (Special Resolution).	95.24	4.76	4,795
17.   To disapply pre-emption rights - acquisitions (Special Resolution).	95.24	4.76	4,795
18.   To authorise LSL to purchase its own Ordinary Shares (Special Resolution).	99.99	0.01	301,260
19.   To authorise the holding of a general meeting on not less than 14 days' notice (Special Resolution).	94.88	5.12	936

*    As at close of business on Wednesday 24^th May 2023 LSL holds 1,176,439 shares in Treasury and has 103,982,511 ordinary shares in issue (excluding treasury shares).

**    These are votes received supporting the resolution or granting the Chairman or another third party discretion to vote on their behalf in respect of the resolution.

***    A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

Copies of the special business resolutions passed at the AGM will be submitted to the UK Listing Authority and will shortly be available through the National Storage Mechanism.

Further information is available from:

Sapna B FitzGerald

Company Secretary

[e-mail]

LSL Property Services plc

www.lslps.co.uk

 

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