Result of AGM

British Land Co PLC
11 July 2023
 

The British Land Company PLC

11 July 2023

 

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 FOR1

Votes AGAINST

Total Votes Cast

Votes Withheld2

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 2023

659,296,123

99.99

33,232

0.01

659,329,355

71.11%

475,901

2

To approve the Directors' Remuneration Report for the year ended 31 March 2023

610,298,012

92.51

49,400,196

7.49

659,698,208

71.15%

107,048

3

To declare a final dividend of 11.04p per ordinary share for the year ended 31 March 2023

658,521,138

99.81

1,272,481

0.19

659,793,619

71.16%

11,637

4

To re-appoint Mark Aedy as a Director

659,655,648

99.98

99,847

0.02

659,755,495

71.15%

49,761

5

To re-appoint Simon Carter as a Director

659,470,947

99.96

287,841

0.04

659,758,788

71.15%

46,468

6

To re-appoint Lynn Gladden as a Director

659,438,989

99.95

320,817

0.05

659,759,806

71.15%

45,450

7

To re-appoint Irvinder Goodhew as a Director

659,626,623

99.98

130,659

0.02

659,757,282

71.15%

47,974

8

To re--appoint Alastair Hughes as a Director

657,649,277

99.68

2,112,756

0.32

659,762,033

71.15%

43,223

9

To re-appoint Bhavesh Mistry as a Director

657,022,294

99.59

2,719,832

0.41

659,742,126

71.15%

63,130

10

To re--appoint Preben Prebensen as a Director

659,446,873

99.95

314,588

0.05

659,761,461

71.15%

43,795

11

To re-appoint Tim Score as a Director

628,022,223

95.19

31,732,507

4.81

659,754,730

71.15%

50,526

12

To re-appoint Laura Wade-Gery as a Director

652,295,013

98.87

7,468,321

1.13

659,763,334

71.15%

41,922

13

To re-appoint Loraine Woodhouse as a Director

659,634,800

99.98

119,414

0.02

659,754,214

71.15%

51,042

14

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

657,616,614

99.67

2,155,952

0.33

659,772,566

71.15%

32,690

15

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

659,707,329

99.99

69,383

0.01

659,776,712

71.15%

28,544

16

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

654,596,974

99.22

5,164,400

0.78

659,761,374

71.15%

43,882

17

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

564,176,910

85.76

93,708,653

14.24

657,885,563

70.95%

1,919,693

18

To approve the renewal of the Savings-Related Share Option Scheme

659,605,878

99.98

150,497

0.02

659,756,375

71.15%

48,881

19

To approve the renewal of the Long-Term Incentive Plan

654,197,836

99.16

5,537,836

0.84

659,735,672

71.15%

69,584

20

To empower the Directors to allot shares for cash, without making a pre--emptive offer to shareholders, up to the specified amount 3    

657,801,949

99.88

771,837

0.12

658,573,786

71.02%

1,231,470

21

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

654,813,163

99.44

3,697,192

0.56

658,510,355

71.02%

1,251,901

22

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

657,094,837

99.69

2,043,596

0.31

659,138,433

71.09%

666,823

23

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

570,210,847

86.67

87,677,706

13.33

657,888,553

70.95%

1,916,703

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 7 July 2023 (the time by which shareholders wanting to attend, speak and vote at the AGM were required to be entered on the register) was 927,250,333 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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