Result of AGM

RNS Number : 4399H

London & Stamford Property PLC

11 July 2012

 



11 July 2012

LONDON & STAMFORD PROPERTY PLC

("London & Stamford" or the "Company")

Result of AGM

London & Stamford (LSE: LSP.L), announces that at its Annual General Meeting held earlier today, Wednesday 11 July 2012, all resolutions were duly passed on a show of hands.

In accordance with 9.6.2(R) of the Listing Rules, a copy of the resolutions passed at the Annual General Meeting is being submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.

Proxies were received by the Company from Shareholders before the meeting as follows.  There are 542,795,171 ordinary shares in issue as at the date of the meeting.

		For		Against		Withheld
	Resolution	Votes	% of votes cast*	Votes	% of votes cast*	Votes
1	Receipt of Annual Report and Accounts	313,761,983	98.05	6,236,610	1.95	11,280
2	Approve Directors' remuneration report	311,850,410	97.45	7,826,666	2.45	332,797
3	Approve the final dividend for the year	320,000,593	99.99	0	0.00	9,280
4	Re-appoint BDO LLP as auditors	319,999,004	99.99	1,589	0.00	9,280
5	Authorise the Board to determine  remuneration of the auditors	319,998,004	99.99	2,589	0.00	9,280
6	Re-elect Martin McGann	314,937,702	98.41	5,060,891	1.58	11,280
7	Re-elect Richard Crowder	308,293,391	96.34	10,677,826	3.34	1,038,656
8	Re-elect James Dean	314,339,882	98.23	5,658,711	1.77	11,280
9	Authorise Directors to allot shares in accordance with S551 of the Companies Act 2006	294,226,685	91.94	12,133,782	3.79	13,649,406
10	Authorise Directors to allot equity securities in accordance with S570 of the Companies Act 2006**	319,841,437	99.95	157,156	0.05	11,280
11	Authorise the Company to make market purchases in accordance  with S701 of the Companies Act**	319,981,906	99.99	27,967	0.01	0
12	Authorise the Company to call a general meeting on notice of at least 14 days**	306,458,892	95.77	13,538,901	4.23	12,080

* excluding votes withheld

** these resolutions were proposed as Special Business

For further information contact:

London & Stamford Property Plc Martin McGann			Tel: [phone]
Kreab Gavin Anderson Richard Constant James Benjamin Anthony Hughes			Tel: [phone]

Notes to editors:

London & Stamford Property Plc was set up to exploit opportunities that it anticipated in the UK property cycle and is a group UK-REIT. The Company has a highly experienced management team and invests in and actively manages commercial property, including office, retail and distribution real estate assets, all of which are located in the UK, and residential assets in Central London.

The Company is traded on the London Stock Exchange's Main Market (LSP.L) and is authorised by the FSA to carry out certain regulated activities.

Further information on the Company is available from the Company's website:

www.londonandstamford.com 

 

END

 

 

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