Result of AGM
Updated : 14:39
13 February 2019
Urban&Civic plc
Results of Annual General Meeting and Directorate Change
Urban&Civic plc (the "Company") announces that, at the Company's Annual General Meeting held on 13 February 2019 ("AGM"), all resolutions were passed by the requisite majority. Each of the resolutions put to the AGM were voted on by way of a poll. The results of the poll for each resolution are shown in the table below.
As previously announced, Duncan Hunter did not seek re-election as a Non-Executive Director of the Board at the AGM and therefore steps down as a Director with immediate effect.
| Resolution | For (number of shares)
| For (%) | Against (number of shares)
| Against (%) | Votes Withheld
| Total issued share capital instructed (%) |
1. | To receive and adopt the accounts of the Company for the year ended 30 September 2018. | 119,439,996 | 99.9997% | 333 | 0.0003% | 40,838 | 82% |
2. | To approve the directors' remuneration report. | 118,406,557 | 99.10% | 1,069,992 | 0.90% | 4,618 | 82% |
3. | To declare a final dividend for the year of 2.2p pence per share. | 119,481,167 | 100.00% | 0 | 0.00% | 0 | 82% |
4. | To re-elect Alan Dickinson as a director of the Company. | 115,082,571 | 96.32% | 4,390,913 | 3.68% | 7,683 | 82% |
5. | To re-elect Nigel Hugill as a director of the Company. | 117,874,784 | 98.66% | 1,606,200 | 1.34% | 183 | 82% |
6. | To re-elect Robin Butler as a director of the Company. | 117,874,784 | 98.66% | 1,606,707 | 1.34% | 183 | 82% |
7. | To re-elect David Wood as a director of the Company. | 112,609,759 | 94.25% | 6,871,225 | 5.75% | 183 | 82% |
8. | To re-elect Ian Barlow as a director of the Company. | 118,427,673 | 99.13% | 1,043,856 | 0.87% | 9,638 | 82% |
9. | To re-elect June Barnes as a director of the Company. | 119,090,726 | 99.67% | 390,258 | 0.33% | 183 | 82% |
10. | To re-elect Jon Di-Stefano as a director of the Company. | 119,096,396 | 99.68% | 382,633 | 0.32% | 2,138 | 82% |
11. | To re-appoint BDO LLP as auditor to the Company. | 118,418,601 | 99.12% | 1,054,550 | 0.88% | 8,016 | 82% |
12. | To authorise the directors to determine the auditor's remuneration. | 119,418,601 | 99.9998% | 183 | 0.0002% | 333 | 82% |
13. | To authorise the directors to allot equity securities. | 108,052,010 | 90.43% | 11,429,157 | 9.57% | 0 | 82% |
14. | To disapply statutory pre-emption rights.* | 119,472,146 | 99.99% | 9,021 | 0.01% | 0 | 82% |
15. | To disapply statutory pre-emption rights (acquisitions and capital investment)* | 119,469,646 | 99.99% | 9,021 | 0.01% | 2,500 | 82% |
16. | To authorise the directors to make market purchases of shares of the Company.* | 119,470,461 | 99.99% | 8,894 | 0.01% | 1,812 | 82% |
17. | To authorise the making of political donations by the Company. | 117,408,672 | 98.27% | 2,061,683 | 1.73% | 10,812 | 82% |
18. | To authorise the Company to call any general meeting of the Company other than the annual general meeting by notice of at least 14 clear days.* | 97,532,101 | 81.63% | 21,948,733 | 18.37% | 333 | 82% |
19. | To renew the Company's Scrip Dividend Scheme. | 114,292,802 | 95.66% | 5,187,849 | 4.34% | 516 | 82% |
*Special Resolution
Notes:
1. All resolutions were passed.
2. Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3. Votes "For" and "Against" any resolution are expressed as a percentage of votes cast for that resolution.
4. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.
5. The number of shares in issue at close of business on 12 February 2019 was 145,044,582 (the "Share Capital") and at that time the Company did not hold any shares in Treasury.
6. The proportion of "Total issued share capital instructed" for any resolution is the total of votes validly cast for that resolution (i.e. the total votes "For" and "Against" that resolution) expressed as a percentage of the Share Capital.
7. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.urbanandcivic.com
8. A copy of resolutions 13 to 19 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/nsm
9. The complete poll results will be available shortly on the Company's website at www.urbanandcivic.com
For further information:
Urban&Civic plc
Heather Williams 020 7509 5555
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