Result of AGM

RNS Number : 5516E
Empiric Student Property PLC
04 November 2015
 

4 November 2015

Empiric Student Property plc

("Empiric" or the "Company" or, together with its subsidiaries, the "Group")

 

Result of AGM

 

The Board of Empiric Student Property plc (ticker: ESP) announces that at the Company's Annual General Meeting, held earlier today, all resolutions were duly passed on a show of hands.

 

In accordance with Listing Rule 9.6.2(R), a copy of the resolutions passed at the Annual General Meeting will be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.

 

As at the date of the meeting, there were 385,000,001 ordinary shares with voting rights in issue. Proxies were received by the Company from shareholders before the meeting, as follows:

 

RESOLUTION

 

FOR

 

AGAINST

WITHHELD


VOTES

% OF VOTES CAST*

VOTES

% OF VOTES CAST*

VOTES

1.     To receive the Company's Annual Report and Accounts for the financial period ended 30 June 2015, which include the Directors' Report and the Auditors' Report

144,527,534

100.00%

0

0.00%

0

2.     To approve the Directors' Remuneration Policy

111,167,452

76.92%

33,356,282

23.08%

3,800

3.        To approve the Directors' Remuneration Report

130,280,007

90.14%

14,243,727

9.86%

3,800

4.        To re-appoint BDO LLP as Auditors of the Company

139,986,789

96.86%

4,538,804

3.14%

1,941

5.        To authorise the Directors to determine the remuneration of the Auditor

144,524,734

100.00%

0

0.00%

2,800

6.        To elect Paul Hadaway as a Director of the Company

139,922,786

96.82%

4,597,473

3.18%

7,275

7.        To elect Timothy Attlee as a Director of the Company

142,256,566

98.43%

2,263,693

1.57%

7,275

8.        To elect Michael Enright as a Director of the Company

142,256,566

98.43%

2,263,693

1.57%

7,275

9.        To elect Baroness Dean as a Director of the Company

144,471,442

99.97%

48,817

0.03%

7,275

10.     To elect Jim Prower as a Director of the Company

144,465,612

99.96%

54,647

0.04%

7,275

11.     To elect Alexandra Mackesy as a Director of the Company

144,520,259

100.00%

0

0.00%

7,275

12.     To elect Stephen Alston as a Director of the Company

97,031,369

67.14%

47,488,890

32.86%

7,275

13.     To authorise the Directors to allot shares under section 551 of the Companies Act 2006

140,676,659

97.34%

3,848,075

2.66%

2,800

14.     Special resolution - subject to the passing of Resolution 13, the Directors shall have the power to allot equity securities (within the meaning of section 560 of the Act)

144,506,429

99.99%

18,305

0.01%

2,800

15.   Special resolution -authorise the Company to make market purchases of own Shares

144,524,734

100.00%

0

0.00%

2,800

16.   Special resolution -authorise the Company's Share Option Plan

144,105,540

99.72%

406,719

0.28%

15,275

17.     Special resolution -authorise that general meeting of the Company other than an Annual General Meeting may be called on not less than 14 clear days' notice

139,933,271

96.82%

4,591,463

3.18%

2,800

 

* Excludes votes withheld

 

The Board notes the higher than expected votes against resolution 12 and intends to engage directly with shareholders to understand the reasons behind the vote result.

For further information on the Company, please contact:

 

Empiric Student Property plc

(via Newgate below)

Paul Hadaway (Chief Executive)


Tim Attlee (Chief Investment Officer)


Michael Enright (Chief Financial Officer)




Akur Limited (Joint Financial Adviser)

Tel: 020 7493 3631

Tom Frost


Anthony Richardson


Siobhan Sergeant




Jefferies International Limited (Joint Financial Adviser and Broker)

Tel: 020 7029 8000

Gary Gould


Stuart Klein




Newgate (PR Adviser)

Tel: 020 7680 6550

James Benjamin

Em: empiric@newgatecomms.com  

Alex Shilov

 

 

Further information on Empiric can be found on the Company's website at www.empiric.co.uk.

 

Notes:

 

Empiric Student Property plc (incorporated in England & Wales) is an internally managed real estate investment trust ("REIT") investing in modern, direct-let, premium, student accommodation, both standing and development assets, with a focus on quality and with assets generally in prime central locations in top university cities and towns in the UK. The Company listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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