Great Portland Estates plc
Result of AGM
Thursday 6 July 2023
Great Portland Estates plc (the "Company") announces the results of voting on the resolutions at its Annual General Meeting ("AGM") held on Thursday 6 July 2023.
A poll was held on each of the resolutions. Resolutions 1 to 17 (ordinary resolutions) and resolutions 18 to 21 (special resolutions) were all passed by the required majority. The results of the poll are as follows:
|
| Resolution | Votes for | % | Votes Against | % | Total | % of issued share capital | Votes withheld* |
| | Ordinary resolutions | | | | | | | |
| 1 | To receive the audited financial statements together with the Directors' and auditor's reports for the year ended 31 March 2023. | 203,706,769 | 100.00% | 2,097 | 0.00% | 203,708,866 | 80.24 | 858,807 |
| 2 | To declare a final dividend for the year ended 31 March 2023. | 201,915,695 | 98.70% | 2,651,712 | 1.30% | 204,567,407 | 80.58 | 266 |
| 3 | To approve the Directors' remuneration report. | 197,428,528 | 96.51% | 7,135,959 | 3.49% | 204,564,487 | 80.58 | 3,186 |
| 4 | To approve the Directors' remuneration policy. | 189,336,232 | 92.56% | 15,228,255 | 7.44% | 204,564,487 | 80.58 | 3,186 |
| 5 | To re-elect Richard Mully as a Director of the Company. | 194,734,258 | 95.20% | 9,829,131 | 4.80% | 204,563,389 | 80.58 | 4,284 |
| 6 | To re-elect Toby Courtauld as a Director of the Company. | 201,372,958 | 98.70% | 2,660,276 | 1.30% | 204,033,234 | 80.37 | 534,439 |
| 7 | To re-elect Nick Sanderson as a Director of the Company. | 201,343,706 | 98.43% | 3,219,683 | 1.57% | 204,563,389 | 80.58 | 4,284 |
| 8 | To re-elect Dan Nicholson as a Director of the Company. | 201,708,840 | 98.60% | 2,854,549 | 1.40% | 204,563,389 | 80.58 | 4,284 |
| 9 | To re-elect Nick Hampton as a Director of the Company. | 197,164,056 | 96.63% | 6,869,178 | 3.37% | 204,033,234 | 80.37 | 534,439 |
| 10 | To re-elect Mark Anderson as a Director of the Company. | 199,779,472 | 97.91% | 4,254,861 | 2.09% | 204,034,333 | 80.37 | 533,340 |
| 11 | To re-elect Vicky Jarman as a Director of the Company. | 200,313,104 | 97.92% | 4,251,384 | 2.08% | 204,564,488 | 80.58 | 3,185 |
| 12 | To elect Champa Magesh as a Director of the Company. | 204,557,845 | 100.00% | 6,643 | 0.00% | 204,564,488 | 80.58 | 3,185 |
| 13 | To re-elect Emma Woods as a Director of the Company. | 198,046,201 | 96.81% | 6,518,287 | 3.19% | 204,564,488 | 80.58 | 3,185 |
| 14 | To appoint PricewaterhouseCoopers LLP as auditor. | 203,992,044 | 99.72% | 571,497 | 0.28% | 204,563,541 | 80.58 | 4,132 |
| 15 | To authorise the Audit Committee to agree the remuneration of the auditor. | 204,521,501 | 99.98% | 42,316 | 0.02% | 204,563,817 | 80.58 | 3,856 |
| 16 | To renew the Directors' authority to allot shares. | 193,479,779 | 94.58% | 11,085,137 | 5.42% | 204,564,916 | 80.58 | 2,757 |
| 17 | To approve the adoption of the Great Portland Estates Restricted Share Plan. | 191,485,183 | 93.61% | 13,078,430 | 6.39% | 204,563,613 | 80.58 | 4,060 |
| | Special resolutions | | | | | | | |
| 18 | To renew the Directors' limited authority to allot shares for cash. | 198,765,872 | 97.17% | 5,798,768 | 2.83% | 204,564,640 | 80.58 | 3,033 |
| 19 | To renew the Directors' additional limited authority to allot shares for cash in connection with an acquisition or specified capital investment, and including development and/or refurbishment expenditure. | 192,080,265 | 95.13% | 9,833,423 | 4.87% | 201,913,688 | 79.53 | 2,653,985 |
| 20 | To renew the authority enabling the Company to buy its own shares. | 198,135,737 | 96.88% | 6,387,859 | 3.12% | 204,523,596 | 80.56 | 44,077 |
| 21 | To authorise the calling of general meetings (other than an annual general meeting) on not less than 14 clear days' notice. | 195,650,236 | 95.64% | 8,914,680 | 4.36% | 204,564,916 | 80.58 | 2,757 |
Notes:
*A vote withheld is not a vote in law and therefore cannot be counted in the calculation of the proportion of votes for and against a resolution.
As at the date of the AGM, the Company's issued share capital was 253,867,911 ordinary shares of 155/19 pence each.
In accordance with the Financial Conduct Authority's Listing Rule 9.6.2 a copy of the resolutions passed at the Annual General Meeting will be available via the National Storage Mechanism, which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information contact:
Darren Lennark
General Counsel & Company Secretary
Great Portland Estates plc
020 7647 3000
LEI Number: 213800JMEDD2Q4N1MC42
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