REG - Watkin Jones plc - Result of AGM

Watkin JonesAnnouncement

17/02/2022 16:00

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RNS Number : 0510C  Watkin Jones plc  17 February 2022

 For immediate release  17 February 2022

 

 

Watkin Jones plc

 ('Watkin Jones' or the 'Company')

 

Result of AGM

 

Watkin Jones plc (AIM:WJG) announces that at the Company's Annual General
Meeting held earlier today, all resolutions were duly passed.

 

A breakdown of proxy votes lodged prior to and votes received at the meeting
for each resolution is set out below and will also be made available on the
Company's website. Votes withheld have not been included in the calculation of
whether a resolution is carried.

 

     For                                                                         No. of votes 'For' and discretionary  %      Against     %      Withheld

 1   Receive the Directors' report and financial statements                      196,388,372                           99.99  4,608       0.01   127,798

 2   Declare a final dividend                                                    196,518,848                           99.99  908         0.01   1,022

 3   Approve the Directors' remuneration report                                  180,800,664                           92.03  15,659,681  7.97   60,433

 4   Elect Alan Giddins as a Director                                            196,382,917                           99.96  83,981      0.04   53,880

 5   Re-elect Richard Simpson as a Director                                      196,290,284                           99.91  176,614     0.09   53,880

 6   Elect Sarah Sergeant as a Director                                          196,298,815                           99.91  168,083     0.09   53,880

 7   Re-elect Simon Laffin as a Director                                         194,489,240                           98.99  1,977,658   1.01   53,880

 8   Re-elect Liz Reilly as a Director                                           190,904,221                           97.14  5,613,711   2.86   2,846

 9   Appoint Deloitte LLP as auditor                                             196,447,322                           99.97  65,610      0.03   7,846

 10  Authorise the Directors to agree the remuneration of the auditor            196,455,284                           99.97  54,142      0.03   11,352

 11  Authorise the Directors to allot shares                                     195,030,285                           99.25  1,473,938   0.75   16,555

 12  Standard 5% disapplication of statutory pre-emption rights                  195,915,970                           99.71  563,253     0.29   41,555

 13  Additional 5% disapplication of statutory pre-emption rights                176,075,990                           89.62  20,403,233  10.38  41,555

 14  Approve the purchase and cancellation of up to 10% of the issued ordinary   195,875,343                           99.99  17,150      0.01   628,285
     share capital

 15  Approve the Sharesave plan                                                  196,444,917                           99.99  8,272       0.01   67,589
 16  Adopt new articles of association                                           196,445,760                           99.97  59,756      0.03   15,262
 17  Allow meetings other than annual general meetings to be called on not less  195,153,052                           99.31  1,363,176   0.69   4,550
     than 14 clear days' notice

 

 

 

For further information:

 Watkin Jones plc
 Richard Simpson, Chief Executive Officer  Tel: +44 (0) 20 3617 4453

 Sarah Sergeant, Chief Financial Officer

 Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker)                   Tel: +44 (0) 20 7418 8900
 Mike Bell / Ed Allsopp                                                       www.peelhunt.com (http://www.peelhunt.com/)

 Jefferies Hoare Govett (Joint Corporate Broker)                              Tel: +44 (0) 20 7029 8000
 Max Jones / James Umbers                                                     www.jefferies.com (http://www.jefferies.com/)

Media enquiries:

 Buchanan
 Henry Harrison-Topham / Steph Whitmore  Tel: +44 (0) 20 7466 5000

 watkinjones@buchanan.uk.com             www.buchanan.uk.com

 

 

Notes to Editors

Watkin Jones is the UK's leading developer and manager of residential for
rent, with a focus on the build to rent, student accommodation and affordable
housing sectors. The Group has strong relationships with institutional
investors, and a reputation for successful, on-time-delivery of high quality
developments.  Since 1999, Watkin Jones has delivered 46,000 student beds
across 136 sites, making it a key player and leader in the UK purpose-built
student accommodation market, and is increasingly expanding its operations
into the build to rent sector.  In addition, Fresh, the Group's specialist
accommodation management business, manages over 22,000 student beds and build
to rent apartments on behalf of its institutional clients.  Watkin Jones has
also been responsible for over 80 residential developments, ranging from
starter homes to executive housing and apartments.

 

The Group's competitive advantage lies in its experienced management team and
capital-light business model, which enables it to offer an end-to-end solution
for investors, delivered entirely in-house with minimal reliance on third
parties, across the entire life cycle of an asset.

 

Watkin Jones was admitted to trading on AIM in March 2016 with the ticker
WJG.L.  For additional information please visit www.watkinjonesplc.com
(http://www.watkinjonesplc.com/)

 

 

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