Result of AGM

RNS Number : 6262M

LondonMetric Property PLC

17 July 2014

 



17 July 2014

LONDONMETRIC PROPERTY PLC

("LondonMetric" or the "Group")

RESULT OF AGM

LondonMetric Property Plc (LSE: LMP.L) announces that at its Annual General Meeting held earlier today, Thursday 17 July 2014, all resolutions were duly passed on 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.morningstar.co.uk/uk/NSM.

Proxies were received by the Company from Shareholders before the meeting as follows.  There are 628,043,905 ordinary shares in issue as at the date of the meeting.

	Resolution	For Votes	% of votes cast*	Against Votes	% of votes cast*	Withheld Votes
1	Receive the Annual Report and Accounts	427,544,329	100.00	2,700	0.00	145,882
2	Remuneration Committee report	369,881,402	94.81	20,229,244	5.19	37,582,265
3	Remuneration Policy	415,767,605	98.82	4,948,010	1.18	6,977,296
4	Approve the final dividend for the year	427,667,236	100.00	0	0.00	25,675
5	Reappointment of auditors	423,367,233	99.91	380,768	0.09	3,944,910
6	Authorise the Board to determine  remuneration of the auditors	427,551,815	99.97	107,329	0.03	33,767
7	Re-election of Patrick Vaughan	402,968,869	95.22	20,225,685	4.78	4,498,357
8	Re-election of Andrew Jones	426,015,390	99.62	1,638,171	0.38	39,350
9	Re-election of Martin McGann	425,230,372	99.43	2,423,189	0.57	39,350
10	Re-election of Charles Cayzer	421,284,014	98.54	6,248,505	1.46	160,392
11	Re-election of James Dean	427,050,033	99.86	604,713	0.14	38,165
12	Re-election of Alec Pelmore	427,056,653	99.86	596,908	0.14	39,350
13	Re-election of Humphrey Price	385,875,585	90.26	41,655,748	9.74	161,577
14	Re-election of Andrew Varley	427,072,408	99.86	583,653	0.14	36,850
15	Re-election of Philip Watson	427,055,338	99.86	599,408	0.14	38,165
16	Re-election of Rosalyn Wilton	427,648,416	100.00	6,330	0.00	38,165
17	Re-election of Valentine Beresford	425,102,696	99.40	2,557,162	0.60	33,053
18	Re-election of Mark Stirling	425,104,011	99.40	2,549,550	0.60	39,350
19	Approve increase of fees payable to Non-Executive Directors to £1 million per annum	422,363,540	99.80	827,831	0.20	4,501,540
20	Authorise Directors to allot shares in accordance with S551 of the Companies Act 2006	407,708,217	95.73	18,207,407	4.27	1,777,287
21	Authorise Directors to allot equity securities in accordance with S570 and S573 of the Companies Act 2006**	426,579,714	99.75	1,078,635	0.25	34,562

22	Authorise the Company to make market purchases in accordance  with S701 of the Companies Act**	427,641,578	99.99	25,658	0.01	25,675
23	Authorise the Company to call a general meeting on notice of at least 14 days**	402,794,343	94.19	24,864,480	5.81	34,087
24	Authorise the Company pursuant to Listing Rule 5.4A.4 to transfer its category of listing to Chapter 6, Commercial Company**	427,647,841	100.00	5,500	0.00	39,570

* excluding votes withheld

** these resolutions were proposed as Special Business

-Ends-

For further information, please contact:

LondonMetric Property Plc

Patrick Vaughan / Martin McGann

Tel: [phone]

FTI Consulting

Dido Laurimore / Nina Legge

Tel: [phone]

Notes to editors:

LondonMetric (ticker: LMP), aims to deliver attractive returns for shareholders through a strategy of increasing income and improving capital values. It invests across the UK primarily in out of town retail and distribution properties. It employs an occupier-led approach to property investments through opportunistic acquisitions, joint ventures, active asset management and short cycle developments. The asset focus is on properties with enduring occupier appeal providing opportunities to improve both rental values and the security and longevity of income; and limited risk redevelopments with the aim of enhancing shareholder returns.

Further information on LondonMetric is available at www.londonmetric.com.

 

END

 

 

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