BDEV Barratt Developments Plc

TIDMBDEV

RNS Number : 0941C

Barratt Developments PLC

14 October 2020

BARRATT DEVELOPMENTS PLC

RESULTS OF THE 2020 ANNUAL GENERAL MEETING

Barratt Developments PLC (the "Company") held its sixty-second Annual General Meeting (the "AGM") on Wednesday 14(th) October 2020, as a closed meeting at Kent House, 14-17 Market Place, London, W1W 8AJ

All resolutions put to the meeting were voted on by way of a poll and were passed by the shareholders. The results of the poll for each such resolution are shown below:

Poll Results

 
 
                                       Votes For (including                                 Votes           Total Votes Cast 
             Resolution              Chairman's discretionary        Votes Against       Withheld(1)           (excluding 
                                              votes)                                                        votes withheld) 
                                      No. of      % of shares     No. of       % of        No. of        No. of      % of issued 
                                      Shares         voted        Shares      shares       Shares        Shares         share 
                                                                              voted                                    capital 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
          To receive the 
          Auditor's 
          and Directors' reports, 
          the strategic report 
          and the accounts for 
          the year ended 30 
   1.     June 2020.                680,156,804        99.98%      151,426      0.02%        373,445   680,308,230        66.81% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
          To approve the 
          Directors' 
          remuneration report 
          for the year ended 
          30 June 2020 
          (excluding the 
          Directors' 
   2.     remuneration policy).     671,378,366        98.65%    9,153,481      1.35%        149,828   680,531,847        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
          To approve the 
          Directors' 
   3.     remuneration policy.      669,565,590        98.38%   10,994,399      1.62%        121,686   680,559,989        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
           To re-elect John Allan 
           as a Director of the 
   4.      Company.                 674,486,654        99.11%    6,041,852      0.89%        153,169   680,528,506        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
           To re-elect David 
           Thomas as a Director 
   5.      of the Company.          675,356,104        99.24%    5,188,646      0.76%        136,925   680,544,750        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
           To re-elect Steven 
           Boyes as a Director 
   6.      of the Company           674,253,266        99.07%    6,322,428      0.93%        105,981   680,575,694        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
           To re-elect Jessica 
           White as a Director 
   7.      of the Company.          671,473,000        98.66%    9,114,480      1.34%         94,195   680,587,480        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
           To re-elect Richard 
           Akers as a Director 
   8.      of the Company.          672,814,853        98.86%    7,763,510      1.14%        103,312   680,578,363        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
           To re-elect Nina Bibby 
           as a Director of the 
   9.      Company.                 678,391,665        99.67%    2,213,240      0.33%         76,770   680,604,905        66.84% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
          To re-elect Jock Lennox 
          as a Director of the 
   10.    Company.                  678,406,526        99.68%    2,184,719      0.32%         90,430   680,591,245        66.84% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
           To re-elect Sharon 
           White as a Director 
   11.     of the Company.          678,361,390        99.67%    2,226,828      0.33%         93,457   680,588,218        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
           To re-appoint Deloitte 
           LLP as the auditor 
   12.     of the Company.          676,341,958        99.38%    4,231,748      0.62%        107,969   680,573,706        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
          To authorise the Audit 
          Committee to fix the 
   13.    auditor's remuneration.   679,940,940        99.90%      647,246      0.10%         93,489   680,588,186        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
          To authorise the 
          Company 
          to make political 
          donations and incur 
   14.    political expenditure.    656,989,328        96.54%   23,566,590      3.46%        125,757   680,555,918        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
          To authorise the Board 
          to allot shares and 
          grant 
          subscription/conversion 
          rights 
   15.    over shares.              672,757,177        98.85%    7,837,389      1.15%         87,109   680,594,566        66.84% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
          To authorise the Board 
          to allot or sell 
          ordinary 
          shares without 
          complying 
          with 
   16.    pre-emption rights.*      679,512,803        99.85%    1,035,964      0.15%        132,908   680,548,767        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
          To authorise the 
          Company 
          to make market 
          purchases 
          of its ordinary 
   17.    shares.*                  673,115,300        98.96%    7,103,530      1.04%        462,844   680,218,830        66.80% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
          To allow the Company 
          to hold general 
          meetings, 
          other than an Annual 
          General Meeting, on 
          not less than 14 clear 
   18.    days' notice.*            648,598,347        95.29%   32,038,251      4.71%         45,076   680,636,598        66.84% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 
          To authorise the 
          Company 
          to adopt new Articles 
   19.    of Association.*          680,431,682        99.99%       84,417      0.01%        165,576   680,516,099        66.83% 
        -------------------------  ------------  ------------  -----------  ---------  -------------  ------------  ------------ 
 

(1) A vote withheld is not a vote in law.

* Indicates a special resolution requiring a 75% majority.

Issued share capital as at voting record date: 1,018,311,315

Number of votes per share: one

Resolutions submitted to the National Storage Mechanism (the 'NSM')

We will shortly submit copies of all resolutions, other than those relating to ordinary business, passed at the meeting, (being Resolutions 15, 16, 17, 18, and 19) to the NSM in accordance with Listing Rule 9.6.2.

These resolutions will therefore be available for inspection at: https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism .

The poll results will also be available shortly on the Company's website www.barrattdevelopments.co.uk .

For further information please contact:

Barratt Developments PLC

   David Thomas, Chief Executive                                                         020 7299 4896 
   Tina Bains, Company Secretary                                                        01530 278 278 

For media enquiries, please contact:

Barratt Developments PLC

   Tim Collins, Head of Corporate Communications                              020 7299 4874 

Brunswick

Jonathan Glass 020 7404 5959

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October 14, 2020 08:17 ET (12:17 GMT)