Result of AGM

Land Securities Group PLC

06 July 2023

 

6 July 2023

Land Securities Group PLC (the "Company")

Voting results of Annual General Meeting

The Company announces the voting results of its Annual General Meeting ("AGM") held earlier today at 80 Victoria Street, London, SW1E 5JL. All resolutions, as set out in the Notice of Meeting dated 6 June 2023, were passed with the requisite majority by means of a poll.

Resolutions 1 to 17 were passed as Ordinary Resolutions and resolutions 18 to 20 were passed as Special Resolutions.

	RESOLUTION	VOTES FOR*	% FOR	VOTES AGAINST	TOTAL VOTES FOR / AGAINST	VOTES WITHHELD**
1.	To receive the 2023 Annual Report	556,994,002	100.00	6,406	557,000,408	451,917
2.	To approve the Annual Report on Remuneration	510,474,441	92.16	43,421,946	553,896,387	3,555,938
3.	To declare a final dividend of 12p per ordinary share	556,214,930	99.80	1,106,871	557,321,801	130,524
4.	To elect Sir Ian Cheshire as a Director	526,890,855	94.54	30,419,059	557,309,914	142,411
5.	To elect Miles Roberts as a Director	552,532,834	99.14	4,771,235	557,304,069	148,256
6.	To re-elect Mark Allan as a Director	552,537,424	99.14	4,767,899	557,305,323	147,002
7.	To re-elect Vanessa Simms as a Director	556,712,566	99.89	590,413	557,302,979	149,346
8.	To re-elect Edward Bonham Carter as a Director	522,919,167	93.86	34,179,258	557,098,425	353,900
9.	To re-elect Nicholas Cadbury as a Director	540,924,775	97.06	16,381,862	557,306,637	145,688
10.	To re-elect Madeleine Cosgrave as a Director	557,248,940	99.99	55,046	557,303,986	148,339
11.	To re-elect Christophe Evain as a Director	534,386,731	95.89	22,921,024	557,307,755	144,570
12.	To re-elect Manjiry Tamhane as a Director	552,154,218	99.08	5,153,138	557,307,356	144,969
13.	To re-appoint Ernst & Young LLP as auditor	554,505,128	99.50	2,807,595	557,312,723	139,602
14.	To authorise the Audit Committee to determine the remuneration of the auditor	555,940,814	99.75	1,370,047	557,310,861	141,464
15.	To authorise the Company to make political donations	554,308,160	99.89	584,334	554,892,494	2,559,831
16.	To authorise the Directors to allot securities	520,239,559	93.35	37,068,873	557,308,432	143,893
17.	To approve the Company's 2023 Share Incentive Plan	557,037,149	99.95	267,936	557,305,085	147,240
18.	To authorise the Directors to disapply pre-emption rights	529,704,401	95.05	27,607,840	557,312,241	140,084
19.	To authorise the Directors to disapply pre-emption rights for the purposes of acquisitions or capital investments	505,537,376	91.48	47,094,827	552,632,203	4,820,122
20.	To authorise the Company to make market purchases of its own shares	555,433,150	99.71	1,621,425	557,054,575	397,750

The Company held the Annual General Meeting at the Company's registered office with the requisite amount of shareholders in attendance as required to form a quorum under the Company's articles of association. All valid proxy votes and voting instructions (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting.

* Includes discretionary votes

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

·      Total voting rights at 6 July 2023:     741,548,494 Ordinary shares of 102/3p each

·      Number of votes per share:            One

·      Total number of votes cast:              557,312,723 Ordinary shares (i.e 75.16% turnout)

In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business will shortly be available for inspection on the National Storage Mechanism at    https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism

A copy of the voting results shown above is also available on the Company's website at https://landsec.com/investors/shareholders-equity-investors/annual-general-meeting 

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For further information, please contact:

Land Securities Group PLC                           

Marina Thomas

Company Secretary

Tel: [phone]

6 July 2023

 

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