REG - British Land Co PLC - Result of AGM

British LandAnnouncement

11/07/2023 13:45

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RNS Number : 6862F  British Land Co PLC  11 July 2023

The British Land Company PLC

11 July 2023

 

RESULTS OF ANNUAL GENERAL MEETING

The British Land Company PLC (the 'Company') held its Annual General Meeting
('AGM') at 100 Liverpool Street, London EC2M 2RH earlier today. All
resolutions were voted on by way of a poll and were passed by shareholders.
The results of the poll are set out below.

 Resolutions                                                                             Votes FOR(1)                        Votes AGAINST                       Total Votes Cast                  Votes Withheld(2)
         No. of Shares                                                                    % of Shares voted   No. of Shares   % of Shares voted   No. of Shares   % of Issued Capital
 1       To receive the Annual Report and audited financial statements of the Company    659,296,123          99.99          33,232               0.01           659,329,355            71.11%     475,901
         for the year ended 31 March 2023
 2       To approve the Directors' Remuneration Report for the year ended 31 March 2023  610,298,012          92.51          49,400,196           7.49           659,698,208            71.15%     107,048
 3       To declare a final dividend of 11.04p per ordinary share for the year ended 31  658,521,138          99.81          1,272,481            0.19           659,793,619            71.16%     11,637
         March 2023
 4       To re-appoint Mark Aedy as a Director                                           659,655,648          99.98          99,847               0.02           659,755,495            71.15%     49,761
 5       To re-appoint Simon Carter as a Director                                        659,470,947          99.96          287,841              0.04           659,758,788            71.15%     46,468
 6       To re-appoint Lynn Gladden as a Director                                        659,438,989          99.95          320,817              0.05           659,759,806            71.15%     45,450
 7       To re-appoint Irvinder Goodhew as a Director                                    659,626,623          99.98          130,659              0.02           659,757,282            71.15%     47,974
 8       To re--appoint Alastair Hughes as a Director                                    657,649,277          99.68          2,112,756            0.32           659,762,033            71.15%     43,223
 9       To re-appoint Bhavesh Mistry as a Director                                      657,022,294          99.59          2,719,832            0.41           659,742,126            71.15%     63,130
 10      To re--appoint Preben Prebensen as a Director                                   659,446,873          99.95          314,588              0.05           659,761,461            71.15%     43,795
 11      To re-appoint Tim Score as a Director                                           628,022,223          95.19          31,732,507           4.81           659,754,730            71.15%     50,526
 12      To re-appoint Laura Wade-Gery as a Director                                     652,295,013          98.87          7,468,321            1.13           659,763,334            71.15%     41,922
 13      To re-appoint Loraine Woodhouse as a Director                                   659,634,800          99.98          119,414              0.02           659,754,214            71.15%     51,042
 14      To re--appoint PricewaterhouseCoopers LLP as auditor of the Company             657,616,614          99.67          2,155,952            0.33           659,772,566            71.15%     32,690
 15      To authorise the Audit Committee to agree the auditor's remuneration            659,707,329          99.99          69,383               0.01           659,776,712            71.15%     28,544
 16      To authorise the Company to make political donations and political expenditure  654,596,974          99.22          5,164,400            0.78           659,761,374            71.15%     43,882
         of not more than £20,000 in total
 17      To authorise the Directors to allot shares, up to a limited amount              564,176,910          85.76          93,708,653           14.24          657,885,563            70.95%     1,919,693
 18      To approve the renewal of the Savings-Related Share Option Scheme               659,605,878          99.98          150,497              0.02           659,756,375            71.15%     48,881
 19      To approve the renewal of the Long-Term Incentive Plan                          654,197,836          99.16          5,537,836            0.84           659,735,672            71.15%     69,584
 20      To empower the Directors to allot shares for cash, without making a             657,801,949          99.88          771,837              0.12           658,573,786            71.02%     1,231,470
         pre--emptive offer to shareholders, up to the specified amount (3    )
 21      To empower the Directors to allot additional shares for cash, without making a  654,813,163          99.44          3,697,192            0.56           658,510,355            71.02%     1,251,901
         pre-emptive offer to shareholders, up to the specified amount for use in
         connection with an acquisition or capital investment(3)
 22      To authorise the Company to purchase its own shares, up to the specified        657,094,837          99.69          2,043,596            0.31           659,138,433            71.09%     666,823
         limit(3)
 23      To authorise the calling of general meetings (other than an annual general      570,210,847          86.67          87,677,706           13.33          657,888,553            70.95%     1,916,703
         meeting) on not less than 14 clear days' notice(3)

(1) Includes discretionary votes.

(2) A vote withheld is not a vote in law and is not counted towards the votes
cast 'For' or 'Against' a resolution.

(3) Special Resolution (75% majority required).

 

The total voting rights of the Company as at 6.30pm on 7 July 2023 (the time
by which shareholders wanting to attend, speak and vote at the AGM were
required to be entered on the register) was 927,250,333 ordinary shares of 25
pence each (excluding treasury shares).

In accordance with Listing Rule 9.6.2 copies of the resolutions passed at the
AGM, other than resolutions constituting ordinary business, will shortly be
available for inspection at the National Storage Mechanism
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .  A copy of the
poll results for the AGM will also shortly be available on the British Land
website (www.britishland.com/investors).

 

Enquiries:

Company Secretariat

British
Land
 

York House, 45 Seymour Street, London W1H 7LX

 

020 7486 4466

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