Result of AGM

RNS Number : 1911S
British Land Co PLC
12 July 2022
 

The British Land Company PLC

12 July 2022

 

RESULTS OF ANNUAL GENERAL MEETING

The British Land Company PLC (the 'Company') held its Annual General Meeting ('AGM') at 100 Liverpool Street, London EC2M 2RH earlier today. All resolutions were voted on by way of a poll and were passed by shareholders. The results of the poll are set out below.

Resolutions

Votes FOR 1

Votes AGAINST

Total Votes Cast

Votes Withheld 2

No. of Shares

 % of Shares voted

No. of Shares

 % of Shares voted

No. of Shares

 % of Issued Capital

1

To receive the Annual Report and audited financial statements of the Company for the year ended 31 March 2022

654,139,956

99.99

54,554

0.01

654,194,510

70.57

2,924,839

2

To approve the Directors' Remuneration Report for the year ended 31 March 2022

633,429,298

96.49

23,012,044

3.51

656,441,342

70.81

678,007

3

To approve the Directors' Remuneration Policy 2022

631,747,807

96.24

24,675,598

3.76

656,423,405

70.81

695,944

4

To declare a final dividend of 11.60p per ordinary share for the year ended 31 March 2022

643,963,040

98.09

12,548,772

1.91

656,511,812

70.82

607,537

5

To elect Mark Aedy as a Director

656,239,805

99.98

158,941

0.02

656,398,746

70.81

720,603

6

To re-elect Simon Carter as a Director

656,066,784

99.95

345,654

0.05

656,412,438

70.81

706,911

7

To re-elect Lynn Gladden as a Director

656,120,593

99.96

289,160

0.04

656,409,753

70.81

709,596

8

To re-elect Irvinder Goodhew as a Director

656,298,360

99.98

110,126

0.02

656,408,486

70.81

710,863

9

To re--elect Alastair Hughes as a Director

654,156,222

99.95

315,920

0.05

654,472,142

70.60

2,647,207

10

To elect Bhavesh Mistry as a Director

653,262,568

99.52

3,161,385

0.48

656,423,953

70.81

695,396

11

To re--elect Preben Prebensen as a Director

656,111,082

99.95

303,317

0.05

656,414,399

70.81

704,950

12

To re--elect Tim Score as a Director

637,161,424

97.07

19,250,141

2.93

656,411,565

70.81

707,784

13

To re-elect Laura Wade-Gery as a Director

645,700,827

98.37

10,727,988

1.63

656,428,815

70.81

690,534

14

To re-elect Loraine Woodhouse as a Director

656,194,698

99.97

228,634

0.03

656,423,332

70.81

696,017

15

To re--appoint PricewaterhouseCoopers LLP as auditor of the Company

653,473,215

99.54

3,001,485

0.46

656,474,700

70.82

644,649

16

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

656,183,077

99.96

289,452

0.04

656,472,529

70.82

645,946

17

To authorise the Company to make political donations and political expenditure of not more than £20,000 in total

650,651,199

99.11

5,831,724

0.89

656,482,923

70.82

636,426

18

To authorise Directors to pay dividends as shares (SCRIP dividends)

656,374,408

99.98

109,424

0.02

656,483,832

70.82

635,517

19

To approve the renewal of the Share Incentive Plan trust deed and rules

653,880,838

99.61

2,569,633

0.39

656,450,471

70.81

668,878

20

To authorise the Directors to allot shares, up to a limited amount

575,022,746

87.59

81,454,862

12.41

656,477,608

70.82

641,741

21

To empower the Directors to allot shares for cash, without making a pre--emptive offer to shareholders, up to the specified amount

652,240,345

99.91

581,432

0.09

652,821,777

70.42

4,297,572

22

To empower the Directors to allot additional shares for cash, without making a pre-emptive offer to shareholders, up to the specified amount for use in connection with an acquisition or capital investment3

645,366,810

98.86

7,456,923

1.14

652,823,733

70.42

4,295,616

23

To authorise the Company to purchase its own shares, up to the specified limit3

653,944,367

99.66

2,220,226

0.34

656,164,593

70.78

953,756

24

To authorise the calling of general meetings (other than an annual general meeting) on not less than 14 clear days' notice3

553,091,816

84.25

103,389,862

15.75

656,481,678

70.82

636,671

1 Includes discretionary votes.

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

3 Special Resolution (75% majority required).

 

The total voting rights of the Company as at 6.30pm on 8 July 2022 (the time by which shareholders wanting to attend, speak and vote at the AGM were required to be entered on the register) was 927,000,769 ordinary shares of 25 pence each (excluding treasury shares).

In accordance with Listing Rule 9.6.2 copies of the resolutions passed at the AGM, other than resolutions constituting ordinary business, will shortly be available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism .  A copy of the poll results for the AGM will also shortly be available on the British Land website (www.britishland.com/investors).

 

Enquiries:

Company Secretariat

British Land    

York House, 45 Seymour Street, London W1H 7LX

 

020 7486 4466

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