REG - Barratt Redrow PLC - Result of AGM

Barratt RedrowAnnouncement

23/10/2024 14:30

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RNS Number : 3439J  Barratt Redrow PLC  23 October 2024

BARRATT REDROW PLC
 
RESULTS OF THE 2024 ANNUAL GENERAL MEETING

 

At the Annual General Meeting of Barratt Redrow plc held on Wednesday, 23
October 2024 (the "AGM"), all resolutions, as set out in the Notice of Annual
General Meeting, were passed by shareholders on a poll.

 

The following table shows the votes cast on each resolution:

 

Poll Results

 

                                                                                         Votes For (including Chair's discretionary votes)     Votes Against                     Total Votes Cast (excluding votes withheld)        Votes Withheld(1)

 Resolution
                                                                                         No. of Shares              % of shares voted          No. of Shares  % of shares voted  No. of Shares           % of issued share capital  No. of Shares
 1.      To receive the accounts of the Company, the Strategic Report and the            1,013,932,007              99.99                      92,776         0.01               1,014,024,783           69.89%                     1,258,334
         Directors' and Auditor's reports for the year ended 30 June 2024
 2.      To approve the Directors' Remuneration Report for the year ended 30 June 2024   991,918,265                97.71                      23,256,991     2.29               1,015,175,256           69.97%                     107,861
 3.      To declare a final dividend of 11.8 pence per ordinary share                    1,002,419,856              98.74                      12,817,954     1.26               1,015,237,810           69.97%                     45,705
 4.      To re-elect Caroline Silver as a Director                                       987,729,541                97.29                      27,461,305     2.71               1,015,190,846           69.97%                     92,271
 5.      To re-elect Jasi Halai as a Director                                            1,002,044,911              98.70                      13,162,985     1.30               1,015,207,896           69.97%                     75,221
 6.      To re-elect Nigel Webb as a Director                                            1,002,057,423              98.71                      13,134,354     1.29               1,015,191,777           69.97%                     91,340
 7.      To re-elect David Thomas as a Director                                          1,013,821,642              99.86                      1,390,271      0.14               1,015,211,913           69.97%                     71,204
 8.      To re-elect Steven Boyes as a Director                                          1,013,810,844              99.86                      1,400,103      0.14               1,015,210,947           69.97%                     72,170
 9.      To re-elect Mike Scott as a Director                                            1,009,279,316              99.42                      5,918,755      0.58               1,015,198,071           69.97%                     85,046
 10.     To re-elect Katie Bickerstaffe as a Director                                    1,000,092,511              98.51                      15,085,105     1.49               1,015,177,616           69.97%                     103,601
 11.     To re-elect Jock Lennox as a Director                                           1,002,071,507              98.71                      13,137,508     1.29               1,015,209,015           69.97%                     74,102
 12.     To re-elect Chris Weston as a Director                                          1,001,698,228              98.67                      13,504,330     1.33               1,015,202,558           69.97%                     77,859

 13.     To elect Matthew Pratt as a Director                                            1,013,822,974              99.86                      1,373,986      0.14               1,015,196,960           69.97%                     86,157
 14.     To elect Nicky Dulieu as a Director                                             1,014,964,031              99.98                      232,291        0.02               1,015,196,322           69.97%                     86,795
 15.     To elect Geeta Nanda as a Director                                              1,014,971,368              99.98                      227,440        0.02               1,015,198,808           69.97%                     84,309
 16.     To re-appoint Deloitte LLP as the auditor of the Company                        1,004,281,318              98.92                      10,928,123     1.08               1,015,209,441           69.97%                     63,400
 17.     To authorise the Audit & Risk Committee to fix the auditor's remuneration       1,009,653,214              99.45                      5,550,527      0.55               1,015,203,741           69.97%                     79,376
 18.     To authorise the Company to make political donations and incur political        966,313,901                95.57                      44,829,326     4.43               1,011,143,227           69.69%                     4,139,890
         expenditure
 19.     To authorise the Board to allot shares and grant subscription/conversion        994,638,957                97.98                      20,554,223     2.02               1,015,193,180           69.97%                     89,937
         rights over shares
 20.     To authorise the Board to allot or sell ordinary shares without complying with  988,248,715                97.35                      26,950,620     2.65               1,015,199,335           69.97%                     83,782

         pre-emption rights (general power)*
 21.     To authorise the Board to allot or sell ordinary shares without complying with  962,071,582                94.83                      52,410,219     5.17               1,014,481,801           69.92%                     801,316
         pre-emption rights (for acquisition or specified capital investment)*
 22.     To authorise the Company to make market purchases of its ordinary shares*       1,013,177,036              99.81                      1,950,003      0.19               1,015,127,039           69.97%                     156,078
 23.     To allow the Company to hold general meetings, other than an Annual General     981,862,032                96.71                      33,374,377     3.29               1,015,236,409           69.97%                     46,708
         Meeting, on not less than 14 clear days' notice*

( )

(1) A vote withheld is not a vote in law and is not counted in the calculation
of the proportion of votes 'For' and 'Against' a resolution.

* Indicates a special resolution requiring a 75% majority.

 

Issued share capital as at the close of business on 21 October 2024 (the
voting record date): 1,450,901,381.  Number of votes per share: one

 

 

Resolutions submitted to the National Storage Mechanism (the 'NSM')

 

In accordance with paragraph 6.4.2 of the UK Listing Rules, we will shortly
submit copies of all resolutions, other than those relating to ordinary
business, passed at the meeting to the NSM.

 

These resolutions will therefore be available for inspection at:
https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism
(https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism)
.

 

The poll results will also be available shortly on the Company's website
https://www.barrattredrow.co.uk/ (https://www.barrattredrow.co.uk/)

 

For further information please contact:

 

Barratt Developments PLC

David Thomas, Chief
Executive
020 7299 4896

Tina Bains, Company
Secretary
01530 278 278

 

For media enquiries, please contact:

 

Barratt Developments PLC

Tim Collins, Group Corporate Affairs
Director
020 7299 4874

 

Brunswick

Jonathan Glass/Rosie Oddy
 
020 7404 5959

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