REG - Intnl Workplace Grp - Results of AGM

International WorkplaceAnnouncement

Tue 14:30

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RNS Number : 4541J  International Workplace Group PLC  20 May 2025

 

 

INTERNATIONAL WORKPLACE GROUP PLC

 

RESULTS OF ANNUAL GENERAL MEETING

 

 

International Workplace Group plc held its Annual General Meeting
for shareholders today at 11am (CET).

 

All resolutions proposed at the meeting were passed by the requisite
majorities and were decided by means of a poll vote. The full results of
voting on each resolution are set out below.

 

The total number of shares in issue and eligible to be voted (excluding
treasury shares) as at close of business 16 May 2025, being the date on which
shareholders needed to be on the register of members to be entitled to vote at
the AGM, was 1,020,365,357 Ordinary shares.

 

 

Resolutions 1 to 21 (inclusive) proposed as ordinary resolutions

 

 Resolution Number  For*         %        Against*     %       Withheld*  Total Votes*  % of

                                                                                        share

                                                                                        capital

                                                                                        voted*

 1                  680,767,653  100.00%  12,599       0.00%   4,133,773  680,780,252   66.71%
 2                  488,762,935  71.42%   195,548,768  28.58%  602,322    684,311,703   67.07%
 3                  613,945,806  89.72%   70,367,219   10.28%  601,000    684,313,025   67.07%
 4                  682,604,197  99.75%   1,706,323    0.25%   603,505    684,310,520   67.07%
 5                  535,071,165  78.19%   149,239,355  21.81%  603,505    684,310,520   67.07%
 6                  493,958,485  72.18%   190,352,035  27.82%  603,505    684,310,520   67.07%
 7                  682,347,007  99.71%   1,963,513    0.29%   603,505    684,310,520   67.07%
 8                  684,313,625  100.00%  0            0.00%   600,400    684,313,625   67.07%
 9                  682,494,439  99.98%   136,186      0.02%   2,283,400  682,630,625   66.90%
 10                 684,213,949  99.99%   85,676       0.01%   614,400    684,299,625   67.06%
 11                 684,294,620  100.00%  16,283       0.00%   603,122    684,310,903   67.07%
 12                 684,185,281  99.98%   125,622      0.02%   603,122    684,310,903   67.07%
 13                 640,232,264  93.56%   44,078,639   6.44%   603,122    684,310,903   67.07%
 14                 599,724,700  87.64%   84,588,203   12.36%  601,122    684,312,903   67.07%
 15                 684,086,374  99.97%   224,529      0.03%   603,122    684,310,903   67.07%
 16                 664,087,005  97.04%   20,225,898   2.96%   601,122    684,312,903   67.07%
 17                 664,065,180  97.04%   20,247,723   2.96%   601,122    684,312,903   67.07%
 18                 681,123,071  99.53%   3,189,832    0.47%   601,122    684,312,903   67.07%
 19                 638,853,794  93.86%   41,767,149   6.14%   4,293,082  680,620,943   66.70%
 20                 680,383,388  99.43%   3,929,915    0.57%   600,722    684,313,303   67.07%
 21                 684,264,454  100.00%  5,806        0.00%   643,765    684,270,260   67.06%

 

* These figures include proxy votes.  Where shareholders have appointed the
Chairman of the meeting as their proxy with discretion as to voting on the
resolutions, those votes have been cast in favour of the relevant
resolutions.  A vote withheld is not a vote in law, withheld votes therefore
do not form part of the total votes cast.

 

Resolutions 22 to 25 (inclusive) proposed as special resolutions

 

 Resolution Number  For*         %        Against*    %      Withheld*  Total Votes*  % of share capital voted*
 22                 684,208,595  100.00%  3,000       0.00%  702,430    684,211,595   67.06%
 23                 655,959,092  95.86%   28,354,533  4.14%  600,400    684,313,625   67.07%
 24                 654,538,422  95.65%   29,774,803  4.35%  600,800    684,313,225   67.07%
 25                 675,559,247  98.72%   8,754,378   1.28%  600,400    684,313,625   67.07%

 

* These figures include proxy votes.  Where shareholders have appointed the
Chairman of the meeting as their proxy with discretion as to voting on the
resolutions, those votes have been cast in favour of the relevant
resolutions.  A vote withheld is not a vote in law, withheld votes therefore
do not form part of the total votes cast.

 

Resolutions 2, 5 and 6

The Board notes the results of resolution 2 to approve the Remuneration Policy
and resolutions 5 and 6 to approve the Company's PSP and RSP share plans.
These resolutions were supported by a clear majority of the Company's
shareholders, but with a significant minority vote against. It is notable that
the number of shares voted at the 2025 AGM was approximately 17% less than
those voted at the 2023 AGM. This decrease correlates with a similar
percentage of the Company's shares outstanding at the 2025 AGM which did not
vote because they are held through swap structures, primarily by longer-term
shareholders who are supportive of the Remuneration Policy and related
resolutions. The Remuneration Committee is committed to continuing its
engagement with shareholders to understand the views of shareholders who voted
against these resolutions. An update of this engagement will be published
within six months, as well as a final summary in the Company's Annual Report
for 2025.

National Storage Mechanism

 

A copy of the resolutions approved at the Annual General Meeting has been
submitted to the National Storage Mechanism and will shortly be available for
inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

Further information

International Workplace Group plc

 Tim Regan        Company Secretary
 Richard Manning  Head of Investor Relations

Brunswick Tel: +44 (0) 20 7404 5959

 Nick Cosgrove

 Peter Hesse

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