REG - British Land Co PLC - Result of AGM

British LandAnnouncement

09/07/2024 14:00

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RNS Number : 7246V  British Land Co PLC  09 July 2024

The British Land Company PLC

9 July 2024

 

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    704,458,374          99.96          263,402              0.04           704,721,776            75.95%     872,967
         for the year ended 31 March 2024
 2       To approve the Directors' Remuneration Report for the year ended 31 March 2024  654,074,361          92.75          51,112,558           7.25           705,186,919            76.00%     407,824
 3       To declare a final dividend of 10.64p per ordinary share for the year ended 31  703,993,456          99.78          1,587,256            0.22           705,580,712            76.04%     14,031
         March 2024
 4       To re-appoint Mark Aedy as a Director                                           705,423,781          99.99          42,875               0.01           705,466,656            76.03%     119,842
 5       To re-appoint Simon Carter as a Director                                        705,424,015          99.99          51,832               0.01           705,475,847            76.03%     118,246
 6       To re-appoint Lynn Gladden as a Director                                        697,966,426          98.93          7,527,616            1.07           705,494,042            76.03%     98,011
 7       To re-appoint Irvinder Goodhew as a Director                                    690,911,352          97.93          14,576,680           2.07           705,488,032            76.03%     104,020
 8       To re-appoint Alastair Hughes as a Director                                     683,207,104          96.84          22,263,164           3.16           705,470,268            76.03%     121,784
 9       To appoint Amanda James as a Director                                           696,260,470          98.69          9,214,757            1.31           705,475,227            76.03%     116,826
 10      To appoint Amanda Mackenzie as a Director                                       705,368,795          99.98          109,584              0.02           705,478,379            76.03%     113,674
 11      To re-appoint Bhavesh Mistry as a Director                                      704,559,076          99.86          957,955              0.14           705,517,031            76.04%     75,022
 12      To re-appoint Preben Prebensen as a Director                                    675,766,329          96.88          21,775,738           3.12           697,542,067            75.18%     8,049,985
 13      To appoint Mary Ricks as a Director                                             705,401,983          99.99          103,125              0.01           705,505,108            76.04%     86,945
 14      To appoint William Rucker as a Director                                         701,236,122          99.41          4,144,351            0.59           705,380,473            76.02%     205,680
 15      To re-appoint Loraine Woodhouse as a Director                                   705,384,523          99.99          104,026              0.01           705,488,549            76.03%     103,504
 16      To re-appoint PricewaterhouseCoopers LLP as auditor of the Company              702,340,334          99.54          3,212,730            0.46           705,553,064            76.04%     41,679
 17      To authorise the Audit Committee to agree the auditor's remuneration            704,291,584          99.82          1,259,413            0.18           705,550,997            76.04%     43,746
 18      To authorise the Company to make political donations and political expenditure  701,020,289          99.36          4,526,373            0.64           705,546,662            76.04%     48,081
         of not more than £20,000 in total
 19      To authorise the Directors to allot shares, up to a limited amount              605,842,387          86.10          97,800,283           13.90          703,642,670            75.83%     1,952,073
 20      To approve the amendments to the Savings-Related Share Option Scheme            703,628,269          99.73          1,881,536            0.27           705,509,805            76.04%     84,288
 21      To empower the Directors to allot shares for cash, without making a             684,813,176          97.07          20,666,046           2.93           705,479,222            76.03%     114,871
         pre-emptive offer to shareholders, up to the specified amount (3    )
 22      To empower the Directors to allot additional shares for cash, without making a  628,213,516          89.50          73,693,518           10.50          701,907,034            75.65%     3,687,059
         pre-emptive offer to shareholders, up to the specified amount for use in
         connection with an acquisition or capital investment(3)
 23      To authorise the Company to purchase its own shares, up to the specified        703,119,294          99.72          1,967,139            0.28           705,086,433            75.99%     507,660
         limit(3)
 24      To authorise the calling of general meetings (other than an annual general      625,423,976          88.88          78,215,669           11.12          703,639,645            75.83%     1,954,448
         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 5 July 2024 (the time
by which shareholders wanting to attend, speak and vote at the AGM were
required to be entered on the register) was 927,865,321 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 (http://www.britishland.com/investors)
).

Following the recent appointments to the Board we have taken this opportunity
to review the composition of the Remuneration, Audit and Nomination
Committees. As at today's date, Loraine Woodhouse and Amanda Mackenzie have
been appointed as members of the Nomination Committee, Loraine has been
appointed as a member of the Remuneration Committee, and Mary Ricks has been
appointed as a member of the Audit Committee.

 

Enquiries:

Company Secretariat

British
Land
 

York House, 45 Seymour Street, London W1H 7LX

 

020 7486 4466

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