Result of AGM - Replacement

RNS Number : 7669U
Workspace Group PLC
16 July 2018
 

16 July 2018

WORKSPACE® GROUP PLC 

RESULTS OF ANNUAL GENERAL MEETING

This announcement replaces the RNS issued by Workspace Group PLC (the "Company") on 13 July 2018 with the results of voting at its Annual General Meeting with RNS No 6237U.

Workspace confirms that the correct number of Votes For Resolution 4, re-election of Mr Kitchen, are as follows:

 

Resolution

For (including

discretionary)

%

Against

%

Total

% of ISC voted

Withheld*

4.

Re-Elect Mr Kitchen

148,576,563

94.52

8,612,883

5.48

 

157,189,446

87.15%

5,927,036

 

 

Workspace announces that resolutions 1 to 14 and resolutions 17 and 18 set out in the notice of Annual General Meeting dated 11 June 2018 were duly passed on a poll at the Annual General Meeting on 13 July 2018.

Details of the votes cast were as follows:
 

 

Resolution

For (including

discretionary)

%

Against

%

Total

% of ISC voted

Withheld*

1.

Receive and adopt 2018 Annual Report

159,997,379

98.16

2,991,147

1.84

162,988,526

90.37%

127,957

2.

Approve Annual report on remuneration

161,725,502

 

99.27

1,192,808

0.73

 

162,918,310

90.33%

198,173

 

3.

Declare final dividend of 18.55p per ordinary share

162,994,361

 

100.00

0

 

0.00

 

162,994,361

90.37%

122,123

 

4.

Re-Elect Mr Kitchen

148,576,563

94.52

8,612,883

5.48

 

157,189,446

87.15%

5,927,036

 

5.

Re-Elect Mr Hopkins

162,845,017

 

99.91

142,266

 

0.09

 

162,987,283

90.37%

129,201

 

6.

Re-Elect Mr Clemett

161,989,279

 

99.39

996,437

 

0.61

 

162,985,716

90.37%

130,768

 

7.

Re-Elect Dr Moloney

162,748,842

 

99.86

233,441

 

0.14

 

162,982,283

90.36%

134,201

 

8.

Re-Elect Mr Girling

162,756,019

 

99.86

225,947

 

0.14

 

162,981,966

90.36%

134,518

 

9.

Re-Elect Mr Russell

162,756,019

 

99.86

226,264

 

0.14

 

162,982,283

90.36%

134,201

 

10.

Re-elect Mr Hubbard

162,729,316

 

99.86

225,947

 

0.14

 

162,955,263

90.35%

134,201

 

11.

Re- appoint KPMG LLP as auditor

162,960,328

 

100.00

5,085

 

0.00

 

162,965,413

90.35%

124,051

 

12.

Authorise the Board to set the auditor's remuneration

162,891,113

 

100.00

942

 

0.00

 

162,892,055

90.31%

197,409

 

13.

Authorise allotment of equity securities

160,753,049

 

98.64

2,209,964

1.36

 

162,963,013

90.35%

126,451

 

14.

Authorise political donations

112,275,229

 

68.88

50,716,059

31.12

162,991,288

90.37%

125,196

 

15.

Disapplication of pre-emption rights**

104,454,984

 

64.22

58,191,104

35.78

162,646,088

90.18%

470,394

 

16.

Disapplication of pre-emption rights in connection with an acquisition or a specified capital investment**

94,668,556

 

58.21

 

67,977,532

 

41.79

 

162,646,088

 

90.18%

 

470,394

 

17.

Authorise the Company to purchase its ordinary shares**

162,829,221

 

99.96

72,052

 

0.04

 

162,901,273

90.32%

215,210

 

18.

Authorise calling general meetings on 14 clear days' notice**

159,427,970

 

97.81

3,566,006

2.19

 

162,993,976

90.37%

122,508

 


Notes:

* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution.
**
 Indicates special resolutions requiring a 75% majority.

The Company notes that a significant number of votes have been cast against resolutions 14, 15 and 16. In the case of resolutions 15 and 16, these votes will prevent the resolutions from being passed, as these resolutions are special resolutions requiring at least 75% of all votes cast by shareholders to be in favour of them in order to pass. The Company is disappointed by this outcome, as these resolutions are considered routine for UK listed companies and would have renewed the disapplication authorities granted at the Company's previous Annual General Meeting. The Company will continue to engage with shareholders in order to fully understand their views and explain why it considers these resolutions are in shareholders' best interests as a whole.

Copies of the resolutions passed at the AGM, other than those concerning ordinary business, will be submitted to the UK Listing Authority and will in due course be available for inspection at www.morningstar.co.uk/uk/NSM

Details of the votes received on the resolutions are available on the Company's website at www.workspace.co.uk.

 

For further information, please contact:

 

Workspace Group PLC                                                                                    020 7138 3300

Carmelina Carfora, Company Secretary

Clare Marland, Head of Corporate Communications

 

Notes to Editors

 

About Workspace Group PLC:

Workspace is geared towards helping businesses perform at their very best. The Workspace Advantage is our unique customer offer and is open to all - we provide inspiring, flexible work spaces with super-fast technology in dynamic London locations.

Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages 3.6 million sq. ft. of business space across 63 London properties. We are home to thousands of businesses including some of London's fastest growing and established brands across a wide range of sectors.

The way businesses work is changing. That's why we continually invest in providing the technology infrastructure that enables our customers to think and move fast, and alongside their working environment, is tailored to each individual business.

Workspace (WKP) is a FTSE 250 listed Real Estate Investment Trust and a member of the European Public Real Estate Association.

Workspace® is a registered trade mark of Workspace Group Plc, London, UK.

LEI: 2138003GUZRFIN3UT430

For more information on Workspace, please visit www.workspace.co.uk 


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