REG - Empiric Student Prop - Result of AGM

Empiric Student PropertyAnnouncement

26/05/2021 07:05

RNS Number : 8033Z
  
Empiric Student Property PLC
  
26 May 2021
  
 

26 May 2021
Empiric Student Property plc
("Empiric" or the "Company" or, together with its subsidiaries, the "Group")
RESULT OF AGM 
The Board of Empiric Student Property plc (ticker: ESP) (the "Board"), the owner and operator of premium student accommodation across the UK, announces that all resolutions proposed at the Company's Annual General Meeting ("AGM") held on 25 May 2021 were duly passed by the Company's shareholders. 
 
In accordance with Listing Rule 9.6.2., a copy of the resolutions passed as special business will be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
 
As at the date of the AGM, there were 603,160,940 ordinary shares with voting rights in issue.
 
The following proxy votes were received by the Company from shareholders prior to the AGM:
 




RESOLUTION


FOR


AGAINST


WITHHELD
VOTES**




 


VOTES


% OF VOTES CAST*


VOTES


% OF VOTES CAST*


 




1.     To receive the Company's Annual Report and Accounts for the financial period ended 31 December 2020


375,498,887
 


99.92
 


310,196
 


0.08
 


552,678
 




2.     To approve the Directors' Remuneration Report 


367,934,030
 


98.87
 


4,222,310
 


1.13
 


4,205,421
 




3.     To re-appoint BDO LLP as Auditors of the Company 


369,037,330
 


99.89
 


416,333
 


0.11
 


6,908,098
 




4.     To authorise the Directors to determine the remuneration of the Auditors


375,913,800
 


99.92
 


312,615
 


0.08
 


135,346
 




5.     To authorise the Directors to declare and pay all dividends as interim dividends


375,919,590
 


99.92
 


305,196
 


0.08
 


136,975
 




6.     To elect Duncan Garrood as a Director of the Company


375,637,009
 


99.85
 


566,477
 


0.15
 


158,275
 




7.     To re-elect Mark Pain as a Director of the Company


264,408,981
 


89.21
 


31,990,894
 


10.79
 


79,961,886
 




8.     To re-elect Alice Avis as a Director of the Company 


375,151,492
 


99.72
 


1,051,994
 


0.28
 


158,275
 




9.     To re-elect Lynne Fennah as a Director of the Company


374,866,284
 


99.64
 


1,337,202
 


0.36
 


158,275
 




10.  To re-elect Jim Prower as a Director of the Company


369,333,869
 


98.17
 


6,869,617
 


1.83
 


158,275
 




11.  To re-elect Stuart Beevor as a Director of the Company


375,178,348
 


99.73
 


1,025,138
 


0.27
 


158,275
 




12.  To approve the SAYE Option Plan


375,107,042
 


99.71
 


1,103,934
 


0.29
 


150,785
 




13.  To authorise the Directors to allot shares under (section 551 of the Companies Act 2006)


362,824,061
 


96.44
 


13,375,653
 


3.56
 


162,047
 




14.  Special Resolution - subject to the passing of Resolution 13, the Directors shall have the power to allot equity securities (pursuant to sections 570 and 573 of the Companies Act 2006) for cash


375,504,433
 


99.81
 


714,372
 


0.19
 


142,956
 




15.  Special Resolution - subject to the passing of Resolution 13, the Directors shall have the power to allot equity securities (pursuant to sections 570 and 573 of the Companies Act 2006) for cash for the purpose of financing an acquisition or other capital investment


334,774,142
 


88.98
 


41,444,663
 


11.02
 


142,956
 




16.  Special Resolution - authorise the Company to make market purchases of own shares in the Company


366,947,388
 


98.06
 


7,248,802
 


1.94
 


2,165,571
 




17.  Special resolution - that a general meeting may be called on not less than 14 clear days' notice


365,964,093
 


97.27
 


10,259,460
 


2.73
 


138,208
 




 
* Excludes votes withheld
** A vote withheld is not a vote in law and is therefore not included in the calculation of total votes For and Against resolutions
 
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:




Empiric Student Property plc


(via Maitland/AMO below)




Duncan Garrood (Chief Executive Officer)


 




Lynne Fennah (Chief Financial & Operating Officer)


 




 


 




Jefferies International Limited


020 7029 8000




Stuart Klein 


 




Tom Yeadon


 




 


 




RBC Europe Limited (trading as RBC Capital Markets)


020 7653 4000 




Charlie Foster
Marcus Jackson


 




 


 




Maitland/AMO (Communications Adviser)


07747 113 930




James Benjamin


empiric-maitland@maitland.co.uk




 
The Company's LEI is 213800FPF38IBPRFPU87.
 
Further information on Empiric can be found on the Company's website at www.empiric.co.uk.
 
Notes:
Empiric Student Property plc is a leading provider and operator of modern, predominantly direct-let, premium student accommodation located in high-demand university towns and cities across the UK. Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student operating platorm, that attracts affluent growing student segments.
 
The Company, an internally managed real estate investment trust ("REIT") incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.

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