REG - Workspace Grp PLC - Result of AGM

WorkspaceAnnouncement

13/07/2018 12:20

RNS Number : 6237U
Workspace Group PLC
13 July 2018
 


13 July 2018
WORKSPACE® GROUP PLC 
RESULTS OF ANNUAL GENERAL MEETING
Workspace Group PLC (the "Company") announces that resolutions 1 to 14 and resolutions 17 and 18 set out in the notice of Annual General Meeting dated 11 June 2018 were duly passed on a poll at today's Annual General Meeting.
Details of the votes cast were as follows:










Resolution


For (including
discretionary)


%


Against


%


Total


% of ISC voted


Withheld*




1.


Receive and adopt 2018 Annual Report


159,997,379


98.16


2,991,147


1.84


162,988,526


90.37%


127,957




2.


Approve Annual report on remuneration


161,725,502
 


99.27


1,192,808


0.73
 


162,918,310


90.33%


198,173
 




3.


Declare final dividend of 18.55p per ordinary share


162,994,361
 


100.00


0
 


0.00
 


162,994,361


90.37%


122,123
 




4.


Re-Elect Mr Kitchen


122,123
 


94.52


8,612,883


5.48
 


157,189,446


87.15%


5,927,036
 




5.


Re-Elect Mr Hopkins


162,845,017
 


99.91


142,266
 


0.09
 


162,987,283


90.37%


129,201
 




6.


Re-Elect Mr Clemett


161,989,279
 


99.39


996,437
 


0.61
 


162,985,716


90.37%


130,768
 




7.


Re-Elect Dr Moloney


162,748,842
 


99.86


233,441
 


0.14
 


162,982,283


90.36%


134,201
 




8.


Re-Elect Mr Girling


162,756,019
 


99.86


225,947
 


0.14
 


162,981,966


90.36%


134,518
 




9.


Re-Elect Mr Russell


162,756,019
 


99.86


226,264
 


0.14
 


162,982,283


90.36%


134,201
 




10.


Re-elect Mr Hubbard


162,729,316
 


99.86


225,947
 


0.14
 


162,955,263


90.35%


134,201
 




11.


Re- appoint KPMG LLP as auditor


162,960,328
 


100.00


5,085
 


0.00
 


162,965,413


90.35%


124,051
 




12.


Authorise the Board to set the auditor's remuneration


162,891,113
 


100.00


942
 


0.00
 


162,892,055


90.31%


197,409
 




13.


Authorise allotment of equity securities


160,753,049
 


98.64


2,209,964


1.36
 


162,963,013


90.35%


126,451
 




14.


Authorise political donations


112,275,229
 


68.88


50,716,059


31.12


162,991,288


90.37%


125,196
 




15.


Disapplication of pre-emption rights**


104,454,984
 


64.22


58,191,104


35.78


162,646,088


90.18%


470,394
 




16.


Disapplication of pre-emption rights in connection with an acquisition or a specified capital investment**


94,668,556
 


58.21
 


67,977,532
 


41.79
 


162,646,088
 


90.18%
 


470,394
 




17.


Authorise the Company to purchase its ordinary shares**


162,829,221
 


99.96


72,052
 


0.04
 


162,901,273


90.32%


215,210
 




18.


Authorise calling general meetings on 14 clear days' notice**


159,427,970
 


97.81


3,566,006


2.19
 


162,993,976


90.37%


122,508
 




Notes:
* 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 special resolutions requiring a 75% majority.
The Company notes that a significant number of votes have been cast against resolutions 14, 15 and 16. In the case of resolutions 15 and 16, these votes will prevent the resolutions from being passed, as these resolutions are special resolutions requiring at least 75% of all votes cast by shareholders to be in favour of them in order to pass. The Company is disappointed by this outcome, as these resolutions are considered routine for UK listed companies and would have renewed the disapplication authorities granted at the Company's previous Annual General Meeting. The Company will continue to engage with shareholders in order to fully understand their views and explain why it considers these resolutions are in shareholders' best interests as a whole.
Copies of the resolutions passed at the AGM, other than those concerning ordinary business, will be submitted to the UK Listing Authority and will in due course be available for inspection at www.morningstar.co.uk/uk/NSM
Details of the votes received on the resolutions are available on the Company's website at www.workspace.co.uk.
 
For further information, please contact:
 
Workspace Group PLC                                                                                    020 7138 3300
Carmelina Carfora, Company Secretary
Clare Marland, Head of Corporate Communications
 
Notes to Editors
 
About Workspace Group PLC:
Workspace is geared towards helping businesses perform at their very best. The Workspace Advantage is our unique customer offer and is open to all - we provide inspiring, flexible work spaces with super-fast technology in dynamic London locations.
Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages 3.6 million sq. ft. of business space across 63 London properties. We are home to thousands of businesses including some of London's fastest growing and established brands across a wide range of sectors.
The way businesses work is changing. That's why we continually invest in providing the technology infrastructure that enables our customers to think and move fast, and alongside their working environment, is tailored to each individual business.
Workspace (WKP) is a FTSE 250 listed Real Estate Investment Trust and a member of the European Public Real Estate Association.
Workspace® is a registered trade mark of Workspace Group Plc, London, UK.
LEI: 2138003GUZRFIN3UT430
For more information on Workspace, please visit www.workspace.co.uk 
 




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