FOR IMMEDIATE RELEASE
30 July
2020
London & Associated Properties PLC (“the
Company”) (“LAP”)
Outcome of AGM
LAP announces, following the Company's 80th Annual General
Meeting held today at 24 Bruton Place, London W1J 6NE the outcome of the resolutions
put to shareholders.
On all Ordinary Resolutions 1-7 voting was conducted by way of a
poll. Resolutions 1-7 were passed as Ordinary Resolutions.
Full results of the poll for each resolution are shown
below.
|
Resolution |
VOTES
FOR |
% |
VOTES
AGAINST |
%
(2) |
VOTES
TOTAL |
% of
ISC VOTED
(3) |
VOTES
WITHHELD (1) |
| 1- To receive the
Company’s annual accounts for the year ended 31 December 2019
together with the directors’ reports and the auditors’ reports on
those accounts. |
52,241,403 |
86.63 |
8,059,245 |
13.37 |
60,300,648 |
70.67 |
0 |
| 2- To approve the
remuneration report for the year ended 31 December 2019. |
48,658,993 |
80.74 |
11,614,655 |
19.26 |
60,300,648 |
70.67 |
0 |
| 3- To approve the
remuneration policy. |
48,658,728 |
80.73 |
11,614,655 |
19.27 |
60,273,383 |
70.64 |
27,265 |
| 4- To re-elect as a
director Mr Robin Priest |
48,699,619 |
81.14 |
11,320,807 |
18.86 |
60,020,426 |
70.34 |
280,222 |
| 5- To reappoint RSM UK
Audit LLP as auditors. |
60,273,383 |
100 |
0 |
0 |
60,273,383 |
70.64 |
27,265 |
| 6- To authorise the
directors to determine the remuneration of the auditors. |
60,300,648 |
100 |
0 |
0 |
60,300,648 |
70.67 |
0 |
| 7- To authorise the
directors to allot shares and rights to subscribe for shares. |
49,222,867 |
85.48 |
8,361,523 |
14.52 |
57,584,390 |
67.49 |
2,716,258 |
1
A vote withheld is not a vote in law and is not counted in the
calculation of votes validly cast for or against a resolution.
2
The percentage excludes votes withheld as these are not votes in
law.
3
ISC – Issued Share Capital. As at the date of the AGM, the
Company’s issued share capital (excluding treasury shares)
consisted of 85,324,514 Ordinary Shares of 10 pence each, carrying one vote each. Therefore
the total number of voting rights as at the date of the AGM was
85,324,514.
A copy of the resolutions passed at the AGM has been submitted
to the National Storage Mechanism and will shortly be available for
viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
and will be uploaded to the Company’s website shortly.
For further information, please contact:
Jonathan Mintz
Secretary
London & Associated Properties
PLC
Tel: 020 7415 5000
30 July 2020
END