TIDMSHB
RNS Number : 4922E
Shaftesbury PLC
09 February 2018
Shaftesbury PLC
Results of AGM
At the Shaftesbury PLC (the "Company") Annual General Meeting
held today, 9 February 2018, the resolutions set out below (with
the exception of resolutions 17 and 18) were passed by Shareholders
voting on a poll;
Resolution For Against Withheld Total
------------------------------ ------------ ----------- ---------- ------------
1. To receive the
accounts for the year
ended 30 September
2017, and the reports
of the directors and
auditors and the Strategic
report 205,461,702 130,000 9,429 205,591,702
------------------------------ ------------ ----------- ---------- ------------
2. To approve the
Annual Remuneration
Report for the year
ended 30 September
2017 195,395,694 9,126,268 1,079,168 204,521,962
------------------------------ ------------ ----------- ---------- ------------
3. To declare a final
dividend 205,040,533 330,000 230,598 205,370,533
------------------------------ ------------ ----------- ---------- ------------
4. To elect Richard
Akers as a director 204,941,927 652,585 6,619 205,594,512
------------------------------ ------------ ----------- ---------- ------------
5. To re-elect Jonathan
Nicholls as a director 204,291,064 1,305,448 4,619 205,596,512
------------------------------ ------------ ----------- ---------- ------------
6. To re-elect Brian
Bickell as a director 204,635,038 963,971 2,122 205,599,009
------------------------------ ------------ ----------- ---------- ------------
7. To re-elect Simon
Quayle as a director 204,602,334 994,178 4,619 205,596,512
------------------------------ ------------ ----------- ---------- ------------
8. To re-elect Thomas
Welton as a director 204,602,334 994,178 4,619 205,596,512
------------------------------ ------------ ----------- ---------- ------------
9. To re-elect Christopher
Ward as a director 204,561,331 1,035,181 4,619 205,596,512
------------------------------ ------------ ----------- ---------- ------------
10. To re-elect Jill
Little as a director 205,159,637 436,875 4,619 205,596,512
------------------------------ ------------ ----------- ---------- ------------
11. To re-elect Dermot
Mathias as a director 204,834,637 761,875 4,619 205,596,512
------------------------------ ------------ ----------- ---------- ------------
12. To re-elect Hilary
Riva as a director 205,159,411 437,101 4,619 205,596,512
------------------------------ ------------ ----------- ---------- ------------
13. To re-elect Sally
Walden as a director 204,537,800 459,444 603,887 204,997,244
------------------------------ ------------ ----------- ---------- ------------
14. To re-appoint
Ernst & Young as auditors 205,361,254 237,149 2,728 205,598,403
------------------------------ ------------ ----------- ---------- ------------
15. To authorise the
directors to agree
the remuneration of
the auditors 205,244,415 353,988 2,728 205,598,403
------------------------------ ------------ ----------- ---------- ------------
16. To authorise the
directors to allot
shares 198,315,173 84,166,768 3,741 282,481,941
------------------------------ ------------ ----------- ---------- ------------
17. To grant the directors
authority to disapply
pre-emption rights
(Special Resolution) 204,131,857 77,315,548 1,038,277 281,447,405
------------------------------ ------------ ----------- ---------- ------------
18. To grant the directors
authority to disapply
pre-emption rights
for an additional
5% only in connection
with an acquisition
or specified investment
(Special Resolution) 201,126,394 80,321,996 1,037,291 281,448,390
------------------------------ ------------ ----------- ---------- ------------
19. To authorise market
purchases of the Company's
shares (Special Resolution) 204,124,461 1,388,388 88,281 205,512,849
------------------------------ ------------ ----------- ---------- ------------
20. To call a general
meeting, other than
an annual general
meeting, on not less
than 14 clear days'
notice (Special Resolution) 196,997,897 8,587,584 15,650 205,585,481
------------------------------ ------------ ----------- ---------- ------------
Notes
1. Percentage of shares voted: 91.93% (Number of shares in issue 307,290,263)
2. Vote withheld is not a vote in law and will not be counted in
the calculation of the proportion of votes for and against a
resolution.
3. Shaftesbury announced on 30 January 2018 that Mr Samuel Tak
Lee, the ultimate beneficial owner of 25.02 per cent of the issued
share capital of the Company, had notified the Company of his
intention to vote against resolutions 16, 17 and 18 together with
his reasons for doing so. As required by law, the Company
circulated its response to Mr Lee's statement together with a copy
of it to shareholders on 1 February 2018. At the Annual General
Meeting Mr Lee, among others, voted against these resolutions.
Resolution 16 was approved by shareholders but resolutions 17 and
18 were not carried.
Commenting on the results, Jonathan Nicholls, Chairman,
said:
"Following the successful placing in December 2017, currently
the Board does not anticipate the need to raise further equity for
some time. Continuing investment in our portfolio will be funded
using the remaining proceeds of the recent placing, existing,
committed debt facilities and any new facilities which may be
arranged in the future. The need to maintain a prudent balance
between debt and equity, appropriate for a UK-listed company, is
kept under constant review by the Board."
Penny Thomas
Company Secretary
020 7333 8118
9 February 2018
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGUGUMUPUPRGAB
(END) Dow Jones Newswires
February 09, 2018 10:07 ET (15:07 GMT)
Shaftesbury (LSE:SHB)
Historical Stock Chart
From Apr 2024 to May 2024
Shaftesbury (LSE:SHB)
Historical Stock Chart
From May 2023 to May 2024