22 July 2024
LONDONMETRIC PROPERTY PLC
("LondonMetric" or "Company")
RESULT OF AGM
LondonMetric Property Plc announces that at its Annual General Meeting held earlier today, Monday 22 July 2024, all resolutions that were proposed at the meeting were duly passed with the requisite majority by means of a poll.
A copy of resolutions 16 to 19 (as set out in the notice of Annual General Meeting), being the resolutions passed at the Annual General Meeting not concerning ordinary business, is being submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
There were 2,040,566,361 ordinary shares in issue at the close of business on 18 July 2024 (being the total number of shares entitling holders to vote at the Annual General Meeting).
All resolutions were decided on a poll and all valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting. The number of votes for and against each of the proposed resolutions put before the Annual General Meeting and the number of votes withheld were as set out below.
| Resolution |
For Votes |
% of votes cast* |
Against Votes |
% of votes cast* |
Withheld Votes |
|
| 1 |
Receive the Annual Report and Accounts |
1,510,262,420 |
99.99% |
25,778 |
0.01% |
8,735,905 |
| 2 |
Approve the Annual Report on Remuneration |
1,416,423,148 |
93.31% |
101,474,902 |
6.69% |
1,126,052 |
| 3 |
Reappoint Deloitte LLP as Auditor |
1,471,204,026 |
96.92% |
46,812,618 |
3.08% |
1,007,459 |
| 4 |
Authorise Auditor's remuneration |
1,517,918,533 |
99.99% |
62,701 |
0.01% |
1,042,869 |
| 5 |
Re-election of Andrew Jones as a Director |
1,515,628,495 |
99.84% |
2,359,485 |
0.16% |
1,036,123 |
| 6 |
Re-election of Martin McGann as a Director |
1,504,182,729 |
99.09% |
13,826,500 |
0.91% |
1,014,874 |
| 7 |
Re-election of Alistair Elliott as a Director |
1,484,082,950 |
98.19% |
27,314,152 |
1.81% |
7,627,000 |
| 8 |
Re-election of Andrew Livingston as a Director |
1,496,654,863 |
98.60% |
21,322,095 |
1.40% |
1,047,143 |
| 9 |
Re-election of Suzanne Avery as a Director |
1,485,265,534 |
97.85% |
32,708,239 |
2.15% |
1,050,328 |
| 10 |
Re-election of Robert Fowlds as a Director |
1,425,119,960 |
93.88% |
92,856,998 |
6.12% |
1,047,143 |
| 11 |
Re-election of Katerina Patmore as a Director |
1,506,396,951 |
99.24% |
11,580,010 |
0.76% |
1,047,142 |
| 12 |
Re-election of Suzy Neubert as a Director |
1,506,387,900 |
99.24% |
11,583,661 |
0.76% |
1,052,542 |
| 13 |
Election of Nicholas Leslau as a Director |
1,515,572,198 |
99.84% |
2,385,149 |
0.16% |
1,066,756 |
| 14 |
Election of Sandra Gumm as a Director |
1,515,626,859 |
99.85% |
2,330,488 |
0.15% |
1,066,756 |
| 15 |
Authorise Directors to allot shares and equity securities |
1,447,718,038 |
95.37% |
70,286,984 |
4.63% |
1,019,081 |
| 16 |
To disapply Section 561 of the Companies Act 2006 in respect of allotments |
1,496,068,473 |
98.55% |
21,938,089 |
1.45% |
1,017,541 |
| 17 |
To disapply Section 561 of the Companies Act 2006 in respect of specified allotments |
1,452,061,998 |
95.79% |
63,830,014 |
4.21% |
3,132,090 |
| 18 |
Authorise the Company to make market purchases of ordinary shares |
1,509,813,266 |
99.56% |
6,726,020 |
0.44% |
2,484,817 |
| 19 |
Authorise the Company to call a general meeting with no less than 14 days' notice |
1,448,445,343 |
95.42% |
69,583,654 |
4.58% |
995,106 |
* Excluding votes withheld.
-Ends-
LondonMetric Property Plc
Andrew Jones / Martin McGann / Gareth Price
Tel: +44 (0) 20 7484 9000
FTI Consulting
Dido Laurimore / Richard Gotla/Andrew Davis
Tel: +44 (0) 20 3727 1000
Notes to editors:
LondonMetric is the UK's leading triple net lease REIT with a £6 billion portfolio aligned to structurally supported sectors of logistics, healthcare, convenience, entertainment and leisure. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.
Further information is available at www.londonmetric.com