Ediston Prop Inv - Result of AGM
24/02/2022 14:45
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RNS Number : 7515C Ediston Property Inv Comp PLC 24 February 2022
24 February 2022
EDISTON PROPERTY INVESTMENT COMPANY PLC
(the "Company")
Result of 2022 Annual General Meeting
Ediston Property Investment Company plc, announces that at the Company's
Annual General Meeting held today, all resolutions were passed by way of a
poll and the results of the poll, including the proxy votes received, are set
out below.
Resolutions 1 to 10 (inclusive) were proposed as ordinary resolutions and
resolutions 11 to 13 (inclusive) were proposed as special resolutions.
In accordance with Listing Rule 9.6.2 copies of all the resolutions passed,
other than ordinary business, will be submitted to the National Storage
Mechanism and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .
Resolution Votes For* % Votes Against % Total votes validly cast Total votes cast as % of issued share capital Vote Withheld **
1 Receive annual accounts for year ended 30 September 2021 155,945,766 100.00 0 0.00 155,945,766 73.79 1,200
2 Approve directors' remuneration report 132,453,098 84.95 23,465,968 15.05 155,919,066 73.78 27,900
3 Re-appoint Grant Thornton LLP as auditor 152,907,758 99.98 24,208 0.02 152,931,966 72.37 3,015,000
4 Authorise the directors to determine the auditor's remuneration 155,929,481 99.99 17,485 0.01 155,946,966 73.79 0
5 Re-elect Robin Archibald as a director 111,111,731 84.20 20,855,918 15.80 131,967,649 62.45 23,979,317
6 Re-elect William Hill as a director 153,986,516 98.75 1,942,731 1.25 155,929,247 73.78 17,719
7 Elect Imogen Moss as a director 153,985,306 98.75 1,943,941 1.25 155,929,247 73.78 17,719
8 Re-elect Jamie Skinner as a director 150,301,802 96.40 5,618,925 3.60 155,920,727 73.78 26,239
9 To approve the dividend policy 155,921,681 99.98 25,285 0.02 155,946,966 73.79 0
10 To authorise the directors to allot ordinary shares 155,696,593 99.84 250,373 0.16 155,946,966 73.79 0
11 Subject to resolution 10, disapply pre-emption rights on allotment 148,568,005 95.30 7,321,905 4.70 155,889,910 73.76 57,056
12 To authorise the company to make market purchases of its own shares 155,789,024 99.94 100,886 0.06 155,889,910 73.76 57,056
13 To allow the Company to hold general meetings on 14 days' notice 154,868,312 99.31 1,078,654 0.69 155,946,966 73.79 0
* Includes discretionary votes
** A vote withheld is not a vote in law and is not counted in the calculation
of the votes for or against a resolution.
Resolutions 2 and 5, which related to the Remuneration Report and the
re-election of Mr Archibald, were both passed but received 15.05% and 15.80%
votes against respectively from shareholders. The Board will engage with
shareholders to understand and address any concerns that they may have
regarding these resolutions. The results of these consultations, and any
actions to be taken will be reported on during the course of the year. The
Board is conscious of the importance of good dialogue with shareholders,
particularly if concerns are being expressed through voting.
END
For further information, please contact:
Ediston Properties Limited info@ediston.com (mailto:info@ediston.com)
Calum Bruce +44 131 225 5599
JTC (UK) Limited Epic.reit@jtcgroup.com (mailto:Epic.reit@jtcgroup.com)
Susan Fadil +44 20 3893 1005
Ruth Wright +44 203 893 1011
LEI: 213800JRL87EGX9TUI28
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