Empiric Student Property PLC

AGM Information • May 25, 2017

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RNS Number : 2685G

Empiric Student Property PLC

25 May 2017

25 May 2017

Empiric Student Property plc

("Empiric" or the "Company" or, together with its subsidiaries, the "Group")

Result of AGM

The Board of Empiric Student Property plc (ticker: ESP), the owner and operator of premium student accommodation across the UK, announces that at the Company's Annual General Meeting held earlier today, all resolutions proposed were duly passed on a show of hands.

In accordance with Listing Rule 9.6.2(R), a copy of the resolutions passed at the Annual General Meeting will be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM

As at the date of the meeting, there were 501,279,071 ordinary shares with voting rights in issue.  Proxies were received by the Company from shareholders before the meeting, as follows:

RESOLUTION	FOR		AGAINST		WITHHELD VOTES
	VOTES	% OF VOTES CAST*	VOTES	% OF VOTES CAST*
1. To receive the Company's Annual Report and Accounts for the financial period ended 31 December 2016	176,935,835	100.00	744	0.00	0
2. To approve the Directors' Remuneration Report	173,723,222	98.19	3,206,357	1.81	7,000
3. To re-appoint BDO LLP as Auditors of the Company	171,835,000	97.12	5,101,579	2.88	0
4. To authorise the Directors to determine the remuneration of the Auditors	176,935,835	100.00	744	0.00	0
5. To authorise the Directors to declare and pay all dividends as interim dividends	176,909,970	100.00	2,609	0.00	24,000
6. That in accordance with Article 167.2 of the Company's Articles of Association the Company shall continue its business as presently constituted	176,935,835	100.00	744	0.00	0
7. To authorise the Directors to allot shares under (section 551 of the Companies Act 2006)	172,674,021	97.59	4,261,458	2.41	1,100
8. Special Resolution - subject to the passing of Resolution 7, the Directors shall have the power to allot equity securities (pursuant to sections 570 and 573 of the Companies Act 2006) for cash	175,027,039	98.92	1,908,440	1.08	1,100
9. Special Resolution - subject to the passing of Resolution 7, the Directors shall have the power to allot equity securities (pursuant to sections 570 and 573 of the Companies Act 2006) for cash for the purpose of financing an acquisition or other capital investment	147,577,280	83.41	29,359,299	16.59	0
10. Special Resolution - authorise the Company to make market purchases of own shares in the Company	147,684,470	83.47	29,252,109	16.53	0

* Excludes votes withheld

Resolution 11, to approve a general meeting being called on 14 clear days' notice, was withdrawn.

For further information on the Company, please contact:

Empiric Student Property plc	(via Newgate below)
Paul Hadaway (Chief Executive)
Tim Attlee (Chief Investment Officer)
Akur Limited (Joint Financial Adviser)	Tel: 020 7493 3631
Tom Frost
Anthony Richardson
Siobhan Sergeant
Jefferies International Limited (Joint Financial Adviser and Broker)	Tel: 020 7029 8000
Gary Gould
Stuart Klein
Newgate (PR Adviser)	Tel: 020 7680 6550
James Benjamin	Em: empiric@newgatecomms.com
Zoe Pocock
Lydia Thompson

Further information on Empiric can be found on the Company's website at www.empiric.co.uk.

Notes:

Empiric Student Property plc is a leading provider and operator of modern, direct-let, nominated or leased student accommodation across the UK. Investing in both operating and development assets, Empiric is a multi-niche student property company focused on, (i) providing good quality first year accommodation managed through its Hello Student® operating platform in partnership with universities, (ii) offering a variety of second and third year purpose built accommodation options for individual students and those wanting a group living environment, and (iii) continuing to expand the Group's existing premium, studio-led accommodation portfolio which is attractive to international and postgraduate students.

The Company, an internally managed real estate investment trust ("REIT") incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.

This information is provided by RNS

The company news service from the London Stock Exchange

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