REG - Watkin Jones plc - Result of AGM
RNS Number : 7821PWatkin Jones plc19 February 2021
For immediate release
19 January 2021
Watkin Jones plc
('Watkin Jones' or the 'Company')
Result of AGM
Watkin Jones plc (AIM:WJG), the UK's leading developer and manager of residential for rent, with a focus on the build to rent and student accommodation sectors, 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:
For
For
%
Against
%
Withheld
1
Receive the Directors' report and financial statements
201,016,115
100.0
2,200
0.0
169,843
2
Declare a final dividend of 7.35 pence per ordinary share
201,163,214
100.0
0
0.0
24,944
3
Approve the Directors' remuneration report
196,440,695
97.7
4,667,640
2.3
79,823
4
Re-elect Grenville Turner as a Director
200,372,970
99.6
753,833
0.4
61,355
5
Re-elect Richard Simpson as a Director
200,841,325
99.8
285,478
0.2
61,355
6
Re-elect Philip Byrom as a Director
200,799,578
99.8
327,225
0.2
61,355
7
Re-elect Simon Laffin as a Director
195,601,882
97.3
5,487,887
2.7
98,389
8
Re-elect Liz Reilly as a Director
200,373,986
99.6
752,817
0.4
61,355
9
Re-appoint Ernst & Young LLP as auditor
199,918,911
99.4
1,190,519
0.6
78,728
10
Authorise the Directors to agree the remuneration of the auditor
201,080,618
100.0
39,634
0.0
67,906
11
Authorise the Directors to allot shares
199,352,653
99.1
1,773,916
0.9
61,589
12
Standard 5% disapplication of statutory pre-emption rights
200,987,531
99.9
128,976
0.1
71,651
13
Additional 5% disapplication of statutory pre-emption rights
199,934,083
99.4
1,193,207
0.6
60,868
14
Approve the purchase and cancellation of up to 10% of the issued ordinary share capital
174,474,638
100.0
44,877
0.0
26,668,643
15
Allow meetings other than annual general meetings to be called on not less than 14 clear days' notice
200,014,378
99.4
1,137,101
0.6
36,679
- Ends -
For further information:
Watkin Jones plc
Richard Simpson, Chief Executive Officer
Tel: +44 (0) 20 3617 4453
Phil Byrom, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker)
Tel: +44 (0) 20 7418 8900
Mike Bell / Ed Allsopp
Jefferies Hoare Govett (Joint Corporate Broker)
Tel: +44 (0) 20 7029 8000
Max Jones / Will Soutar
Media enquiries:
Buchanan
Henry Harrison-Topham / Richard Oldworth
Jamie Hooper / Steph Watson
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 and student accommodation 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 over 43,000 student beds across 130 sites, making it a key player and leader in the UK purpose built student accommodation market. In addition, Fresh, the Group's specialist accommodation management business, manages over 20,000 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 is increasingly expanding its operations into the build to rent sector.
The Group's competitive advantage lies in its experienced management team and 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
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