SAFE Safestore Holdings Plc

TIDMSAFE

RNS Number : 6157S

Safestore Holdings plc

17 March 2021

17 March 2021

Safestore Holdings plc

("Safestore", "the Company" or "the Group")

Result of Annual General Meeting

Annual General Meeting

The 2021 Annual General Meeting of Safestore Holdings plc was held at midday today at the Company's registered office in Borehamwood, Hertfordshire.

The Annual General Meeting was a closed meeting in accordance with the Corporate Insolvency and Governance Act 2020 and shareholders, other than those required for a quorum, were not permitted to attend. Voting was conducted by way of a poll so that all shareholders were fairly represented.

All resolutions were passed by the requisite majority by way of a poll.

The following votes were cast in respect of the AGM resolutions:

 
                                                                                             % of 
                                                                                            Issued 
                                                                             Total Votes     Share 
                                                       Votes                  (excluding    Capital     Votes 
           Resolution         Votes For       %        Against      %         withheld)      Voted     Withheld 
 
      To receive 
       the Annual 
       Report and 
 1     Accounts              163,598,427    99.99%       16,429    0.01%     163,614,856     77.61%     456,503 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To approve 
       the Directors' 
       Remuneration 
 2     Report                158,436,298    96.58%    5,615,966    3.42%     164,052,264     77.82%      19,095 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To appoint 
       Deloitte LLP 
 3     as auditor            162,595,038    99.40%      985,061    0.60%     163,580,099     77.60%     491,260 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To authorise 
       the Directors 
       to determine 
       the auditors' 
 4     remuneration          163,071,111    99.40%      984,998    0.60%     164,056,109     77.82%      15,250 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To declare 
       a final dividend 
       of 12.7 pence 
       per ordinary 
 5     share                 164,056,713   100.00%            0    0.00%     164,056,713     77.82%      14,646 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To elect Gert 
       van de Weerdhof 
 6     as a Director         133,244,757    81.22%   30,808,293   18.78%     164,053,050     77.82%      18,309 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To re-elect 
       David Hearn 
 7     as a Director         142,965,799    90.33%   15,309,690    9.67%     158,275,489     75.08%   5,795,870 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To re-elect 
       Frederic Vecchioli 
 8     as a Director         164,053,679    99.99%        1,471    0.01%     164,055,150     77.82%      16,209 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To re-elect 
       Andy Jones 
 9     as a Director         162,554,043    99.09%    1,500,507    0.91%     164,054,550     77.82%      16,809 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To re-elect 
       Ian Krieger 
 10    as a Director         158,796,776    96.80%    5,257,774    3.20%     164,054,550     77.82%      16,809 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To re-elect 
       Joanne Kenrick 
 11    as a Director         163,794,826    99.84%      258,287    0.16%     164,053,113     77.82%      18,246 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To r e-elect 
       Claire Balmforth 
 12    as a Director         164,021,468    99.98%       33,745    0.02%     164,055,213     77.82%      16,146 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To r e-elect 
       Bill Oliver 
 13    as a Director         164,051,579    99.99%        1,471    0.01%     164,053,050     77.82%      18,309 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To authorise 
       political donations 
       and political 
 14    expenditure           158,096,144    96.37%    5,957,557    3.63%     164,053,701     77.82%      17,658 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To authorise 
       the directors 
       to allot relevant 
 15    securities            153,985,467    93.86%   10,068,433    6.14%     164,053,900     77.82%      17,459 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
 
      To authorise 
       the dis-application 
       of pre-emption 
 16    rights                163,729,740    99.80%      324,060    0.20%     164,053,800     77.82%      17,559 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To authorise 
       market purchases 
       of ordinary 
 17    shares                162,847,653    99.54%      748,529    0.46%     163,596,182     77.60%     475,177 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
      To authorise 
       general meetings 
       (other than 
       annual general 
       meetings) to 
       be called on 
       not less than 
       14 clear days' 
 18    notice meetings       151,716,106    92.48%   12,339,072    7.52%     164,055,178     77.82%      16,181 
     ---------------------  ------------  --------  -----------  -------    ------------  ---------  ---------- 
 

Resolutions 1 to 15 were ordinary resolutions, requiring more than 50 per cent. of shareholders' votes to be cast in favour of the resolutions. Resolutions 16 to 18 were special resolutions, requiring at least 75 per cent. of shareholders' votes to be cast in favour of the resolutions.

Where shareholders appointed the Chairman of the meeting as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and their shares have been included in the "votes for" column.

A "vote withheld" is not a vote in law and is not counted in the calculation of the percentages of votes cast for and against a resolution.

   The current issued capital of Safestore Holdings plc is 210,811,175   ordinary   shares. 

In accordance with LR 9.6.2, copies of the resolutions passed as special business have been submitted to the Financial Conduct Authority's National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For further information, please contact:

 
 Safestore Holdings plc 
  Helen Bramall, 
  Company Secretary        020 8732 1500 
 
 www.safestore.com 
 
 Instinctif Partners 
  Guy Scarborough 
  Catherine Wickman        020 7457 2020 
 

Notes to editors:

-- Safestore is the UK's largest self-storage group with 159 stores at 31 January 2021 comprising 127 wholly owned stores in the UK (including 71 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle and Bristol) and 28 wholly owned stores in the Paris region and 4 stores in Barcelona. In addition, the Group operates 9 stores in the Netherlands and 6 stores in Belgium under a joint venture agreement with Carlyle.

-- Safestore operates more self-storage sites inside the M25 and in central Paris than any competitor providing more proximity to customers in the wealthiest and densest UK and French markets.

-- Safestore was founded in the UK in 1998. It acquired the French business "Une Pièce en Plus" ("UPP") in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli.

-- Safestore has been listed on the London Stock Exchange since 2007. It entered the FTSE 250 index in October 2015.

   --      The Group provides storage to around 75,000 personal and business customers. 

-- As at 31 January 2021, Safestore had a maximum lettable area ("MLA") of 6.871 million sq ft (excluding the expansion pipeline stores, and the Carlyle Joint Venture) of which 5.506 million sq ft was occupied.

   --      Safestore employs around 660 people in the UK, Paris, and Barcelona. 

-- Following a recent assessment by Investors in People, Safestore has been awarded the prestigious We invest in people, platinum accreditation. Platinum is the highest level of accreditation achievable through the We invest in people accreditation, with only 2% of organisations achieving this standard.

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March 17, 2021 12:00 ET (16:00 GMT)