REG - Primary Health Props - Results of AGM Voting

Primary Health PropertiesAnnouncement

07/05/2025 14:00

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RNS Number : 7289H  Primary Health Properties PLC  07 May 2025

7 May 2025

Primary Health Properties PLC

 

Results of AGM voting

 

Primary Health Properties PLC (the "Company" or "PHP")) announces that at the
Annual General Meeting of the Company held today 7 May 2025, all of the
resolutions, as set out in full in the Notice of Meeting, were duly passed on
a poll by the requisite majority.

Any proxy votes which were at the discretion of the Chair have been included
in the "For" total.

For information the votes cast were as follows:

 Resolution                                                                   For (including discretionary)     Against             Votes Total  % of ISC Voted  Withheld(1)
                                                                              Votes            %                Votes        %
 1. To receive the Annual Report and Accounts for the year ended 31 December  807,658,097      99.99            59,766       0.01   807,717,863  60.44%          902,408
 2024

 2. To approve the Directors' remuneration report                             792,538,886      98.09            15,397,151   1.91   807,936,037  60.45%          684,234

 3. To approve the Company's dividend policy                                  808,252,866      99.98            146,657      0.02   808,399,523  60.49%          220,748

 4. To approve the re-appointment of Deloitte LLP as auditor                  781,729,409      96.79            25,903,098   3.21   807,632,507  60.43%          987,764

 5. To authorise the Audit Committee to fix the auditor's remuneration        799,326,999      98.98            8,262,351    1.02   807,589,350  60.43%          1,030,921

 6. To re-elect Harry Hyman as a Director                                     638,581,947      79.28            166,898,318  20.72  805,480,265  60.27%          3,140,005

 7. To re-elect Mark Davies as a Director                                     793,747,302      98.21            14,470,498   1.79   808,217,800  60.47%          402,471

 8. To re-elect Richard Howell as a Director                                  801,566,637      99.18            6,634,525    0.82   808,201,162  60.47%          419,109
 9. To re-elect Laure Duhot as a Director                                     790,711,407      97.84            17,486,722   2.16   808,198,129  60.47%          422,142

 10. To re-elect Ian Krieger as a Director                                    791,712,393      97.96            16,475,207   2.04   808,187,600  60.47%          432,671

 11. To re-elect Ivonne Cantú as a Director                                   718,236,104      88.87            89,954,632   11.13  808,190,736  60.47%          429,535

 12. To re-elect Dr Bandhana Rawal as a Director                              791,587,549      97.95            16,604,627   2.05   808,192,176  60.47%          428,095
 13. To authorise the making of political donations                           727,279,317      93.08            54,037,659   6.92   781,316,976  58.46%          27,303,295

 14. To authorise the Directors  to allot shares                              771,323,879      95.44            36,880,884   4.56   808,204,763  60.47%          415,507

 15. To authorise the Directors to disapply pre-emption rights *              771,587,657      95.49            36,420,439   4.51   808,008,096  60.46%          612,174

 16. To disapply pre-emption rights in connection with an acquisition or      771,363,540      95.46            36,654,063   4.54   808,017,603  60.46%          602,667
 specified capital investment*
 17. To hold general meetings on 14 days' notice*                             766,543,049      94.83            41,753,792   5.17   808,296,841  60.48%          323,430

 18. To purchase own shares*                                                  806,448,254      99.79            1,732,444    0.21   808,180,698  60.47%          439,573

 

 

(1)A vote withheld is not a vote in law and is not counted in the calculation
of the proportion of votes for or against a resolution

 

* indicates a special resolution

 

The Board notes that Resolution 6, the re-election of Harry Hyman, was
supported by 79.28% of shareholders.  We understand that those shareholders
that did not support this Resolution did so because of his prior role as Chief
Executive Officer. The Board is pleased that the Resolution was approved and
that the vast majority of our largest shareholders voted in favour of it.
Mindful that the strong level of support falls factionally short of the
relevant approval threshold for the purposes of provision 4 of the UK
Corporate Governance Code (the Code), the Board will build on its previous
engagements with major shareholders to seek to fully understand the reasons
behind these votes against and will provide an update in accordance with the
Code within six months of the Annual General Meeting.

 

The total issued share capital of PHP is 1,336,493,786 Ordinary Shares. This
figure may be used by Shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Company under the
FCA's Disclosure Guidance and Transparency Rules.

A copy of the resolutions passed as special business at today's AGM will, in
accordance with Listing Rule 6.4.2., be submitted to the National Storage
Mechanism and will be available at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

For further information contact:

 Mark Court/Stephanie Whitmore/Verity Parker/Jesse McNab

 Burson Buchanan

 T: +44 (0) 20 7466 5066

 E: php@buchanan.uk.com

 

 

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