Result of AGM

RNS Number : 7821P
Watkin Jones plc
19 February 2021
 

For immediate release

19 January 2021

 

 

Watkin Jones plc

 ('Watkin Jones' or the 'Company')

 

Result of AGM

 

Watkin Jones plc (AIM:WJG), the UK's leading developer and manager of residential for rent, with a focus on the build to rent and student accommodation sectors, announces that at the Company's Annual General Meeting held earlier today, all resolutions were duly passed.

 

A breakdown of proxy votes lodged prior to and votes received at the meeting for each resolution is set out below and will also be made available on the Company's website:

 

 

For

For

%

Against

%

Withheld

1

Receive the Directors' report and financial statements

 

201,016,115

100.0

2,200

0.0

169,843

2

Declare a final dividend of 7.35 pence per ordinary share

 

201,163,214

100.0

0

0.0

24,944

3

Approve the Directors' remuneration report

 

196,440,695

97.7

4,667,640

2.3

79,823

4

Re-elect Grenville Turner as a Director

 

200,372,970

99.6

753,833

0.4

61,355

5

Re-elect Richard Simpson as a Director

 

200,841,325

99.8

285,478

0.2

61,355

6

Re-elect Philip Byrom as a Director

 

200,799,578

99.8

327,225

0.2

61,355

7

Re-elect Simon Laffin as a Director

 

195,601,882

97.3

5,487,887

2.7

98,389

8

Re-elect Liz Reilly as a Director

 

200,373,986

99.6

752,817

0.4

61,355

9

Re-appoint Ernst & Young LLP as auditor

 

199,918,911

99.4

1,190,519

0.6

78,728

10

Authorise the Directors to agree the remuneration of the auditor

 

201,080,618

100.0

39,634

0.0

67,906

11

Authorise the Directors to allot shares

 

199,352,653

99.1

1,773,916

0.9

61,589

12

Standard 5% disapplication of statutory pre-emption rights

 

200,987,531

99.9

128,976

0.1

71,651

13

Additional 5% disapplication of statutory pre-emption rights

 

199,934,083

99.4

1,193,207

0.6

60,868

14

Approve the purchase and cancellation of up to 10% of the issued ordinary share capital

 

174,474,638

100.0

44,877

0.0

26,668,643

15

Allow meetings other than annual general meetings to be called on not less than 14 clear days' notice

 

200,014,378

99.4

1,137,101

0.6

36,679

 

 

 

- Ends -

 

For further information:

Watkin Jones plc

 

Richard Simpson, Chief Executive Officer

Tel: +44 (0) 20 3617 4453

Phil Byrom, Chief Financial Officer

www.watkinjonesplc.com

 

 

 

 

Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker)

Tel: +44 (0) 20 7418 8900

Mike Bell / Ed Allsopp

www.peelhunt.com

 

 

 

 

Jefferies Hoare Govett (Joint Corporate Broker)

Tel: +44 (0) 20 7029 8000

Max Jones / Will Soutar

www.jefferies.com

 

 

 

 

 

Media enquiries:

Buchanan

 

Henry Harrison-Topham / Richard Oldworth

Jamie Hooper / Steph Watson

 

Tel: +44 (0) 20 7466 5000

watkinjones@buchanan.uk.com

www.buchanan.uk.com

 

Notes to Editors

Watkin Jones is the UK's leading developer and manager of residential for rent, with a focus on the build to rent and student accommodation sectors.  The Group has strong relationships with institutional investors, and a reputation for successful, on-time-delivery of high quality developments.  Since 1999, Watkin Jones has delivered over 43,000 student beds across 130 sites, making it a key player and leader in the UK purpose built student accommodation market.  In addition, Fresh, the Group's specialist accommodation management business, manages over 20,000 student beds and build to rent apartments on behalf of its institutional clients.  Watkin Jones has also been responsible for over 80 residential developments, ranging from starter homes to executive housing and apartments.  The Group is increasingly expanding its operations into the build to rent sector.

 

The Group's competitive advantage lies in its experienced management team and business model, which enables it to offer an end-to-end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.

 

Watkin Jones was admitted to trading on AIM in March 2016 with the ticker WJG.L.  For additional information please visit www.watkinjonesplc.com

 

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