REG - Empiric Student Prop - Result of AGM

Empiric Student PropertyAnnouncement

Wed 15:30

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RNS Number : 4685L  Empiric Student Property PLC  04 June 2025

 

Empiric Student Property plc

("Empiric" or the "Company" or, together with its subsidiaries, the "Group")

 

RESULTS OF ANNUAL GENERAL MEETING

 

Empiric Student Property plc (ticker: ESP), the owner and operator of premium,
studio-led student accommodation aligned to top-tier universities, announces
that all resolutions proposed at the Company's Annual General Meeting held on
4 June 2025 were voted on and duly passed by a poll by the Company's
shareholders and the results of the poll, including proxy votes received, are
set out below.

 

Resolutions 1 to 12 (inclusive) were proposed as ordinary resolutions and
resolutions 13 to 16 (inclusive) were proposed as special resolutions.

 

 RESOLUTION                                                                       FOR*                           AGAINST                       WITHHELD

                                                                                                                                               VOTES**
                                                                                  VOTES        % OF VOTES CAST*  VOTES       % OF VOTES CAST*
 Ordinary Business
 1.   To receive the Company's Annual Report and Accounts for the financial       488,698,942  99.99             29,096      0.01              359,326
 year ended 31 December 2024
 2.   To approve the Directors' Remuneration Report for the year ended 31         487,194,610  99.62             1,841,894   0.38              50,860
 December 2024
 3.   To re-appoint BDO LLP as Auditors of the Company                            433,361,017  88.61             55,699,493  11.39             26,854
 4.   To authorise the Directors to determine the remuneration of the             485,773,500  99.33             3,291,459   0.67              22,405
 Auditors
 5.   To authorise the Directors to declare and pay all dividends as interim      489,002,145  99.99             40,638      0.01              44,581
 dividends
 6.   To re-elect Mark Pain as a Director of the Company                          429,684,023  87.88             59,276,154  12.12             127,187
 7.   To elect Alice Avis as a Director of the Company                            482,153,934  98.59             6,904,695   1.41              28,735
 8.   To re-elect Duncan Garrood as a Director of the Company                     487,699,066  99.72             1,361,089   0.28              27,209
 9.   To re-elect Martin Ratchford as a Director of the Company                   483,700,675  98.90             5,359,480   1.10              27,209
 10.  To re-elect Clair Preston-Beer as a Director of the Company                 483,708,539  98.91             5,351,616   1.09              27,209
 11.  To re-elect Donald Grant as a Director of the Company                       487,705,262  99.72             1,354,893   0.28              27,207
 Special Business
 12.  To authorise the Directors to allot shares up to the limits set out in      448,520,256  91.71             40,529,449  8.29              37,659
 the Notice of meeting
 13. Special Resolution - To authorise the Directors to allot equity securities   482,141,454  98.59             6,893,970   1.41              51,940
 for cash, without making a pre-emptive offer to shareholders, up to the limits
 set out in the Notice of Meeting.
 14. Special Resolution To authorise the Directors to allot equity securities     459,923,307  94.04             29,143,643  5.96              20,414
 for cash in connection with a specified investment, without making a
 pre-emptive offer to shareholders, up to the limits set out in the Notice of
 Meeting.
 15. Special Resolution To authorise the Company to make market purchases of      488,800,148  99.96             175,812     0.04              111,404
 own shares in the Company
 16. Special resolution - That a general meeting may be called on not less than   460,717,949  94.20             28,357,823  5.80              11,592
 14 clear days' notice

 

* 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.

 

As at the date of the meeting, there were 664,119,746 ordinary shares with
voting rights in issue. The Company does not hold any shares in Treasury.

 

In accordance with Listing Rule 6.4.2 R a copy of the resolutions passed at
the Annual General Meeting, other than those constituting ordinary business,
will be available for inspection on the National Storage Mechanism
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

ENDS

 

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

 

 Empiric Student Property plc                                 (via FTI Consulting below)
 Duncan Garrood (Chief Executive Officer)
 Donald Grant (Chief Financial & Sustainability Officer)

 FTI Consulting (Communications Adviser)                      020 3727 1000
 Dido Laurimore                                               empiric@fticonsulting.com (mailto:empiric@fticonsulting.com)

 Eve Kirmatzis

 

 

The Company's LEI is 213800FPF38IBPRFPU87.

 

Further information on Empiric can be found on the Company's website at
www.empiric.co.uk (http://www.empiric.co.uk/) .

 

Notes:

Empiric Student Property plc is a leading provider and operator of modern,
predominantly direct-let, premium student accommodation serving key UK
universities. 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 platform,
that is attractive to 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. The Company is classified as a commercial company listed under
chapter 6 of the UK Listing rules and as such is not an alternative investment
fund ("AIF") for the purposes of the Alternative Investment Fund Managers
Directive ("AIFMD") and is not required to provide investors with a Key
information Document ("KID") in accordance with the Packaged Retail and
Insurance-based Investment Products ("PRIIPs") regulations.

 

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