REG - Town Centre Secs. - Results of the AGM

Town Centre SecuritiesAnnouncement

23/11/2022 07:00

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RNS Number : 2738H  Town Centre Securities PLC  23 November 2022

23 November 2022

Town Centre Securities PLC

(The 'Group' or the 'Company')

Results of the AGM

The Directors of Town Centre Securities are pleased to announce that at its
Annual General Meeting held on Tuesday 22 November 2022, all of the proposed
resolutions as set out in the Notice of Annual General Meeting were passed on
a poll of votes. Total votes received from shareholders by the Company either
in advance of or as voted for at the meeting, were as set out below:

 Resolution                                                                                  Votes for    %            Votes against  %              Total shares for and against  % of total voting rights *    Votes withheld **
 1            Receive and adopt the financial statements for the financial year ended 30     27,202,242   100.00%      0              0.00%          27,202,242                    56.11%                        0
              June 2022
 2            Approve the Directors' Remuneration Report (excluding Directors' Remuneration  26,935,657   99.05%       257,264        0.95%          27,192,921                    56.09%                        9,321
              Policy) for the financial year ended 30 June 2022
 3            Approve the Directors' Remuneration Policy                                     26,797,810   98.52%       401,611        1.48%          27,199,421                    56.10%                        2,821
 4            Declare the final cash dividend recommended by the Board                       27,202,242   100.00%      0              0.00%          27,202,242                    56.11%                        0
 5            Elect M Ziff as a non-executive Director                                       26,956,610   99.13%       236,627        0.87%          27,193,237                    56.09%                        9,005
 6            Elect I Marcus as a non-executive Director                                     27,062,984   100.00%      43             0.00%          27,063,027                    55.82%                        139,215
 7            Elect P Huberman as a non-executive Director                                   27,199,694   100.00%      43             0.00%          27,199,737                    56.10%                        2,505
 8            Elect J Collins as a non-executive Director                                    27,199,694   100.00%      43             0.00%          27,199,737                    56.10%                        2,505
 9            Elect E Ziff as an executive Director                                          26,962,847   99.13%       236,890        0.87%          27,199,737                    56.10%                        2,505
 10           Elect B Ziff as an executive Director                                          27,199,737   100.00%      0              0.00%          27,199,737                    56.10%                        2,505
 11           Elect S MacNeill as an executive Director                                      27,195,642   99.98%       6,500          0.02%          27,202,142                    56.10%                        100
 12           Re-appoint BDO as auditors of the Company                                      26,946,824   99.93%       20,000         0.07%          26,966,824                    55.62%                        235,418
 13           Authorise the Directors to determine the remuneration of the auditor           27,202,142   100.00%      100            0.00%          27,202,242                    56.11%                        0
 14           Authorise the Directors to make political donations                            21,096,566   99.96%       8,984          0.04%          21,105,550                    43.53%                        6,096,692
 15           Authorise the Board to allot shares                                            27,060,211   99.48%       142,031        0.52%          27,202,242                    56.11%                        0
 16           Authorise the Board to Disapply Pre-emption Rights                             27,050,776   99.45%       149,061        0.55%          27,199,837                    56.10%                        2,405
 17           Authorise the Directors to disapply pre-emption rights for purposes of         26,813,084   98.59%       384,158        1.41%          27,197,242                    56.09%                        5,000
              acquisitions or capital investments
 18           Authorise the Company to purchase  own shares                                  26,942,490   99.05%       259,752        0.95%          27,202,242                    56.11%                        0
 19           Authorise the convening of general meetings on 14 clear days' notice           27,168,235   99.89%       29,007         0.11%          27,197,242                    56.09%                        5,000

 Resolutions 6, 7 and 8 - Excluding controlling shareholder votes
 Resolution                                                                                  Votes for    %            Votes against  %              Total shares for and against  % of total voting rights *    Votes withheld **
 6            Elect I Marcus as a non-executive Director                                     536,858      99.99%       43             0.01%          536,901                       1.11%                         139,215
 7            Elect P Huberman as a non-executive Director                                   673,568      99.99%       43             0.01%          673,611                       1.39%                         2,505
 8            Elect J Collins as a non-executive Director                                    673,568      99.99%       43             0.01%          673,611                       1.39%                         2,505

 * As at the date of the Annual General Meeting, the total number of shares
 with voting rights in the Company is 48,484,408
 ** A 'vote withheld' is not a vote in law and cannot be counted in the
 calculation of the votes for and against a resolution

 

Notice of half year results

 

The Company intends to announce its half year results for the six months
ending 31 December 2022 no later than March 2023. A further announcement will
be made to shareholders when a specific date is confirmed.

 

ENDS

For further information, please contact:

 

Town Centre Securities
PLC
www.tcs-plc.co.uk (http://www.tcs-plc.co.uk) / @TCS PLC

Edward Ziff, Chairman and Chief
Executive
0113 222 1234

Stewart MacNeill, Group Finance Director

 

MHP
Communications
020 3128 8567

Reg Hoare / Matthew Taylor
 
 
                tcs@mhpc.com

 

 

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