Hammerson PLC

Result of AGM

RNS Number : 4843X
Hammerson PLC
04 May 2021
 

FOR IMMEDIATE RELEASE

 

Hammerson plc (the Company)

 

Results of the 2021 Annual General Meeting

 

4 May 2021

 

Further to the announcement entitled 'Annual Report, Notice of AGM & Scrip Circular' on Monday, 29 March 2021, the Company announces that at the Annual General Meeting (AGM) of Hammerson plc (the Company) held at Kings Place, 90 York Way, London N1 9GE on Tuesday, 4 May 2021, all the resolutions were voted upon by poll and were passed by Shareholders. The results of the poll for each resolution are as follows:

 


Votes For

Votes Against

Votes Cast

**Votes Withheld


Resolution

No. of

Shares

% of Shares voted

No. of

Shares

% of Shares voted

% of Issued Share Capital

No. of

Shares

1

To receive the Directors' Annual Report and Financial Statements for the year ended 31 December 2020

3,058,664,193

99.97

804,643

0.03

75.41%

5,309,427

2

To receive and approve the Directors' Remuneration Report for the year ended 31 December 2020

2,921,519,395

95.50

137,742,653

4.50

75.40%

5,516,215

3

To declare a final dividend for the year ended 31 December 2020

3,062,034,573

100.00

16,751

0.00

75.47%

2,726,939

4

To grant the Board authority to offer the enhanced scrip dividend alternative *

3,041,183,669

99.32

20,851,537

0.68

75.47%

2,743,057

5

To elect Mike Butterworth as a Director of the Company

3,041,127,134

99.39

18,565,755

0.61

75.41%

5,085,374

6

To elect Desmond de Beer as a Director of the Company

2,703,983,954

88.57

349,060,477

11.43

75.25%

11,733,832

7

To elect Rita-Rose Gagné as a Director of the Company

3,059,435,052

99.99

409,530

0.01

75.42%

4,933,681

8

To elect Robert Noel as a Director of the Company

3,059,335,038

99.98

505,250

0.02

75.42%

4,937,975

9

To re-elect James Lenton as a Director

WITHDRAWN

11

To re-elect Méka Brunel as a Director

3,055,816,684

99.87

4,024,008

0.13

75.42%

4,937,571

12

To re-elect Gwyn Burr as a Director

3,014,920,272

99.29

21,468,488

0.71

74.84%

28,389,503

13

To re-elect Andrew Formica as a Director

3,055,816,727

99.87

4,024,008

0.13

75.42%

4,937,528

14

To re-elect Adam Metz as a Director

3,055,816,589

99.87

4,024,103

0.13

75.42%

4,937,571

15

To re-elect Carol Welch as a Director

3,055,816,822

99.87

4,025,823

0.13

75.42%

4,935,618

16

To re-appoint PricewaterhouseCoopers LLP as auditor

3,058,991,002

99.91

2,603,416

0.09

75.46%

3,183,845

17

To authorise the Audit Committee to agree the auditor's remuneration

3,051,742,499

99.68

9,865,988

0.32

75.46%

3,169,776

18

To authorise the Directors to allot shares

2,938,964,819

96.14

117,964,957

3.86

75.34%

7,848,487

19

To disapply pre-emption rights*

2,967,947,334

97.06

89,784,545

2.94

75.36%

7,046,384

20

To disapply pre-emption rights in addition to those conferred by resolution 19*

2,945,477,450

96.33

112,254,429

3.67

75.36%

7,046,384

21

To authorise market purchases by the Company of its shares*

3,023,956,532

99.31

21,070,931

0.69

75.05%

19,750,800

22

To authorise Directors to offer a scrip dividend alternative scheme for any dividend declared over a three year period ending on the beginning of the third Annual General Meeting of the Company following the date of this Meeting

3,041,096,229

99.32

20,914,891

0.68

75.47%

2,767,146

23

To receive and adopt new articles of association*

3,060,268,879

99.94

1,738,340

0.06

75.47%

2,771,044

 

* Special resolution (75% majority required).  

** A vote withheld is not a vote in law and is not counted towards the votes cast 'For' or 'Against' a resolution.

 

Resolutions 3 and 4 passed at the AGM enable the Directors to proceed with the proposed Final 2020 Dividend and Enhanced Scrip Dividend Alternative, as set out in the circular published on 29 March 2021. Cash payments in respect of the Final 2020 Dividend and the date of issue, admission and first day of dealings in new shares allotted pursuant to the Enhanced Scrip Dividend Alternative on the London Stock Exchange, Euronext Dublin and Johannesburg Stock Exchange is expected to be Thursday, 13 May 2021.

The Board retains the discretion to withdraw or modify the terms of the Enhanced Scrip Dividend Alternative, because there are certain situations in which the Board may decide that it is no longer appropriate to offer the Enhanced Scrip Dividend Alternative, or it may not be permissible for the Company to do so. In such circumstances, the Final 2020 Dividend would be paid to all shareholders in cash.

The Resolution to re-elect James Lenton as a Director of the Company was withdrawn following his resignation from the Company with effect from 26 April 2021, as announced on 20 April 2021. Himanshu Raja took over from James as Chief Financial Officer with effect from 26 April 2021 and will stand for formal election by shareholders at the Company's next AGM. Pierre Bouchut did not stand for re-election at the AGM and has now formally stood down as a Director of the Company, as announced on 12 March 2021. Mike Butterworth has now succeeded Pierre as Chair of the Audit Committee with immediate effect. Habib Annous will join the Board with effect from 5 May 2021, as announced on 12 March 2021. Habib will become a member of the Audit, Nomination and Remuneration Committees and will stand for formal election by shareholders at the Company's next AGM. Gwyn Burr will stand down as a member of the Audit Committee with effect from 5 May 2021, as disclosed in the Nomination Committee's report in the 2020 Annual Report.

The issued share capital of the Company as at 6.30 p.m. on Thursday, 29 April 2021 (the time by which shareholders who wanted to attend, speak and vote at the AGM were entered on the Register) was 4,057,298,174 ordinary shares.

Copies of the resolutions passed, other than the resolutions constituting ordinary business, at the AGM will shortly be available for inspection at the National Storage Mechanism, which is located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism . The documents have also been submitted to Euronext Dublin.

A copy of the poll results for the Annual General Meeting is also available on the Hammerson plc website ( www.hammerson.com ).

The full text of the resolutions is set out in the Notice of Meeting which is also available at www.hammerson.com .

Alice Darwall

General Counsel and Company Secretary

+44 (0) 20 7887 1000

 

This announcement has also been released on the SENS system of the Johannesburg Stock Exchange and on Euronext Dublin.

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