Result of AGM - Replacement

RNS Number : 5960Y

Terrace Hill Group PLC

02 March 2012

 



The following statement replaces the announcement made on 1 March 2012 at 15:42 hrs under RNS number 5293Y, where the percentages noted for and against each resolution had been calculated using the total issued share capital, rather than the total proxies received. All other details remain unchanged. The full text is shown below.

Terrace Hill Group PLC

Results of AGM - Replacement

At the eighteenth Annual General Meeting of Terrace Hill Group PLC held on Thursday 1 March 2012, all resolutions set out in the Notice of Meeting dated 3 February 2012 were passed by Shareholders on a show of hands.  Proxies were received by the Company from Shareholders in advance of the Annual General Meeting as follows:

Resolution	For the resolution (i)	%	Against the resolution	%	Votes withheld (ii)
To receive and consider the Directors' report and accounts for the year to 30 September 2011 and the auditors' report thereon	170,916,364	100.0	3,330	0.0	nil
To reappoint BDO LLP as auditors of the company	170,916,364	100.0	3,330	0.0	nil
To authorise the directors to fix the remuneration of the auditors	170,915,364	100.0	4,330	0.0	nil
To re-appoint WP Wyatt as a director of the company	153,089,814	94.1	9,623,867	5.9	8,206,013
To re-appoint JM Austen as a director of the company	170,848,970	100.0	20,724	0.0	50,000
To authorise the Directors to allot shares pursuant to section 551 of the Companies Act 2006	169,573,642	99.6	638,436	0.4	707,616
To authorise the Directors to disapply pre-emption rights pursuant to sections 570 and 573 of the Companies Act 2006	169,516,940	99.2	1,375,639	0.8	27,115
To authorise the Company to make market purchases of its ordinary shares pursuant to section 701 of the Companies Act 2006	170,857,750	100.0	34,829	0.0	27,115

Notes:

(i)           Includes discretionary votes

(ii)          A vote withheld is not a vote in law and is not counted in the calculation of votes for or against a resolution

As at the date of the meeting there were 211,971,299 ordinary shares of 2 pence each in issue.  Proxies amounting to 170,919,694 votes were received.

-Ends-

For further information, please visit www.terracehill.co.ukor contact:

Oriel Securities (Nominated Adviser)                                                                       Tel: [phone]

Gareth Price/Mark Young

FTI Consulting:                                                                                                               Tel: [phone]

Richard Sunderland/Olivia Goodall/Will Henderson                                           [e-mail]

Notes to editors:

Terrace Hill Group

Terrace Hill Group PLC is a regionally based UK property development and investment group quoted on AIM.  Formed in 1986, the Company has five offices located in London, Glasgow, Teesside, Bristol and Manchester.

 

END

 

 

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