Result of AGM

RNS Number : 2968M
Empiric Student Property PLC
07 May 2020
 

7 May 2020

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), the owner and operator of premium student accommodation across the UK, announces that all resolutions proposed at the Company's Annual General Meeting held earlier today were duly passed as set out below.

 

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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

 

As at the date of the meeting, there were 603,160,958 ordinary shares with voting rights in issue. Proxies were received by the Company from shareholders at the meeting, as follows:

 

RESOLUTION

FOR

AGAINST

WITHHELD

VOTES


VOTES

% OF VOTES CAST*

VOTES

% OF VOTES CAST*


1.  To receive the Company's Annual Report and Accounts for the financial period ended 31 December 2019

322,413,188

90.09

35,451,985

9.91

507,768

2.  To approve the Directors' Remuneration Report

322,002,722

99.64

1,179,322

0.36

35,190,897

3.  To approve the Directors' Remuneration Policy

349,871,083

97.66

8,367,331

2.34

134,527

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

322,736,175

99.87

413,739

0.13

35,223,027

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

357,941,862

99.91

337,337

0.09

93,743

6.  To authorise the Directors to declare and pay all dividends as interim dividends

357,927,213

99.90

355,864

0.10

89,865

7.  To re-elect Mark Pain as a Director of the Company

224,095,093

85.82

37,039,121

14.18

97,238,726

8.  To re-elect Alice Avis as a Director of the Company

356,746,555

99.59

1,464,991

0.41

161,396

9.  To re-elect Timothy Attlee as a Director of the Company

329,970,044

99.65

1,154,378

0.35

27,248,520

10.  To re-elect Lynne Fennah as a Director of the Company

357,035,787

99.67

1,187,759

0.33

149,396

11.  To re-elect Jim Prower as a Director of the Company

352,581,830

98.43

5,641,716

1.57

149,396

12.  To re-elect Stuart Beevor as a Director of the Company

356,752,902

99.59

1,470,644

0.41

149,396

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

351,598,040

98.14

6,671,854

1.86

103,048

14.  Special Resolution - subject to the passing of Resolution 13, the Directors shall have the power to allot equity securities (pursuant to sections 570 and 573 of the Companies Act 2006) for cash

354,585,324

98.97

3,684,570

1.03

103,048

15.  Special Resolution - subject to the passing of Resolution 13, the Directors shall have the power to allot equity securities (pursuant to sections 570 and 573 of the Companies Act 2006) for cash for the purpose of financing an acquisition or other capital investment

319,439,820

89.16

38,830,073

10.84

103,048

16.  Special Resolution - authorise the Company to make market purchases of own shares in the Company

318,445,751

88.92

39,698,513

11.08

228,677

17.  Special resolution - that a general meeting may be called on not less than 14 clear days' notice

346,570,879

96.73

11,712,198

3.27

89,865

 

* Excludes votes withheld

 

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

Empiric Student Property plc

(via Maitland/AMO below)

Tim Attlee (Chief Executive Officer)


Lynne Fennah (Chief Financial & Operating Officer)




Jefferies International Limited

Tel: 020 7029 8000

Stuart Klein


Tom Yeadon




RBC Europe Limited (trading as RBC Capital Markets)

Tel: 020 7653 4000

Charlie Foster

Marcus Jackson




Maitland/AMO (Communications Adviser)

Tel: 020 7379 5151

James Benjamin

Email: empiric-maitland@maitland.co.uk

 

The Company's LEI is 213800FPF38IBPRFPU87.

 

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

 

Notes:

Empiric Student Property plc is a leading provider and operator of modern, direct-let, nominated or leased student accommodation across the UK. Investing in both operating and development assets, Empiric is a multi-niche student property company focused on, (i) providing good quality first year accommodation managed through its Hello Student® operating platform in partnership with universities, (ii) offering a variety of second and third year purpose built accommodation options for individual students and those wanting a group living environment, and (iii) continuing to expand the Group's existing premium, studio-led accommodation portfolio which is attractive to international and postgraduate students.

 

The Company, an internally managed real estate investment trust ("REIT") incorporated in England and Wales, 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.


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