Result of AGM

RNS Number : 8033Z
Empiric Student Property PLC
26 May 2021
 

26 May 2021

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 "Board"), the owner and operator of premium student accommodation across the UK, announces that all resolutions proposed at the Company's Annual General Meeting ("AGM") held on 25 May 2021 were duly passed by the Company's shareholders.

 

In accordance with Listing Rule 9.6.2., a copy of the resolutions passed as special business 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 AGM , there were 603,160,940 ordinary shares with voting rights in issue.

 

The following proxy votes were received by the Company from shareholders prior to the AGM:

 

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 2020

375,498,887

 

99.92

 

310,196

 

0.08

 

552,678

 

2.  To approve the Directors' Remuneration Report

367,934,030

 

98.87

 

4,222,310

 

1.13

 

4,205,421

 

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

369,037,330

 

99.89

 

416,333

 

0.11

 

6,908,098

 

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

375,913,800

 

99.92

 

312,615

 

0.08

 

135,346

 

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

375,919,590

 

99.92

 

305,196

 

0.08

 

136,975

 

6.  To elect Duncan Garrood as a Director of the Company

375,637,009

 

99.85

 

566,477

 

0.15

 

158,275

 

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

264,408,981

 

89.21

 

31,990,894

 

10.79

 

79,961,886

 

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

375,151,492

 

99.72

 

1,051,994

 

0.28

 

158,275

 

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

374,866,284

 

99.64

 

1,337,202

 

0.36

 

158,275

 

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

369,333,869

 

98.17

 

6,869,617

 

1.83

 

158,275

 

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

375,178,348

 

99.73

 

1,025,138

 

0.27

 

158,275

 

12.  To approve the SAYE Option Plan

375,107,042

 

99.71

 

1,103,934

 

0.29

 

150,785

 

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

362,824,061

 

96.44

 

13,375,653

 

3.56

 

162,047

 

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

375,504,433

 

99.81

 

714,372

 

0.19

 

142,956

 

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

334,774,142

 

88.98

 

41,444,663

 

11.02

 

142,956

 

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

366,947,388

 

98.06

 

7,248,802

 

1.94

 

2,165,571

 

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

365,964,093

 

97.27

 

10,259,460

 

2.73

 

138,208

 

 

* Excludes votes withheld

** A vote withheld is not a vote in law and is therefore not included in the calculation of total votes For and Against resolutions

 

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

Empiric Student Property plc

(via Maitland/AMO below)

Duncan Garrood (Chief Executive Officer)

 

Lynne Fennah (Chief Financial & Operating Officer)

 

 

 

Jefferies International Limited

020 7029 8000

S tuart Klein

 

Tom Yeadon

 

 

 

RBC Europe Limited (trading as RBC Capital Markets)

020 7653 4000

Charlie Foster

Marcus Jackson

 

 

 

M aitland/AMO (Communications Adviser)

07747 113 930

James Benjamin

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, predominantly direct-let, premium student accommodation located in high-demand university towns and cities across the UK. Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student operating platorm, that attracts affluent growing student segments.

 

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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