REG - Empiric Student Prop - RESULTS OF ANNUAL GENERAL MEETING

Empiric Student PropertyAnnouncement

24/05/2023 15:30

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RNS Number : 5501A  Empiric Student Property PLC  24 May 2023

 

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 across the UK, announces that all
resolutions proposed at the Company's Annual General Meeting held on 24 May
2023 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.

 

In accordance with Listing Rule 9.6.2(R), a copy of the resolutions passed at
the Annual General Meeting will be submitted to the National Storage Mechanism
and will be available for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

Resolutions 1 to 13 (inclusive) were proposed as ordinary resolutions and
resolutions 14 to 16 (inclusive) were proposed as special resolutions.

 

As at the date of the meeting, there were 603,351,880 ordinary shares with
voting rights in issue. The Company does not hold any shares in Treasury.

 

 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            436,646,114  100.0             21,479      0.0               364,906
 financial year ended 31 December 2022
 2.     To approve the Directors' Remuneration Report                          387,634,869  88.7              49,363,221  11.3              34,409
 3.     To approve the Directors Remuneration Policy                           401,730,425  91.9              35,262,666  8.1               39,408
 4.     To re-appoint BDO LLP as Auditors of the Company                       430,185,760  100.0             39,726      0.0               6,807,013
 5.     To authorise the Directors to determine the remuneration of the        436,985,183  100.0             22,826      0.0               24,490
 Auditors
 6.     To authorise the Directors to declare and pay all dividends as         437,001,117  100.0             7,192       0.0               24,190
 interim dividends
 7.     To elect Clair Preston-Beer as a Director of the Company who, had      433,868,954  99.3              3,134,355   0.7               29,190
 been appointed as a Director by the Board since the last AGM
 8.     To elect Donald Grant as a Director of the Company who, had been       429,131,998  98.2              7,871,311   1.8               29,190
 appointed as a Director by the Board since the last AGM
 9.     To re-elect Mark Pain as a Director of the Company                     414,102,456  94.8              22,900,853  5.2               29,190
 10.  To re-elect Alice Avis as a Director of the Company                      430,183,031  98.4              6,820,278   1.6               29,190
 11.  To re-elect Duncan Garrood as a Director of the Company                  433,273,932  99.1              3,729,377   0.9               29,190
 12.  To re-elect Martin Ratchford as a Director of the Company                386,482,305  98.3              6,781,315   1.7               43,768,879
 13.  To authorise the Directors to allot shares under (section 551 of the     414,146,824  94.8              22,861,485  5.2               24,190
 Companies Act 2006)
 14.  Special Resolution - subject to the passing of Resolution 13, the        388,062,749  88.8              48,945,560  11.2              24,190
 Directors shall have the power to allot equity securities (pursuant to
 sections 570 and 573 of the Companies Act 2006) for cash
 15.  Special Resolution - authorise the Company to make market purchases of   436,967,304  100.0             35,202      0.0               29,993
 own shares in the Company
 16.  Special resolution - that a general meeting may be called on not less    420,810,560  96.3              16,188,013  3.7               33,926
 than 14 clear days' notice

 

* A vote withheld is not a vote in law and is not counted in the calculation
of the votes for or against a resolution.

 

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)

 Jefferies International Limited                              020 7029 8000
 Tom Yeadon
 Andrew Morris

 Peel Hunt LLP                                                020 7418 8900
 Capel Irwin

 Carl Gough

 FTI Consulting                                               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 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 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.

 

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