Hammerson PLC

AGM Information • Apr 24, 2018

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RNS Number : 9810L

Hammerson PLC

24 April 2018

Hammerson plc

Results of the 2018 Annual General Meeting

At the Annual General Meeting of Hammerson plc (the 'Company') held at Kings Place, 90 York Way, London N1 9GE on Tuesday, 24 April 2018, all the resolutions were voted upon by poll and were passed by Shareholders. The results of the poll for each resolution are as follows:

		Votes For		Votes Against		Votes Cast	**Votes Withheld
	Resolution	No. of Shares	% of Shares voted	No. of Shares	% of Shares voted	% of Issued Share Capital	No. of Shares
1	To receive the Directors' Annual Report and Financial   Statements	602,527,242	99.93	400,398	0.07	75.91%	520,523
2	To receive and approve the 2017 Directors' Remuneration Report	573,338,546	96.62	20,082,608	3.38	74.72%	10,027,007
3	To declare a final dividend	602,551,365	100.00	0	0.00	75.87%	896,798
4	To re-elect David Atkins	590,915,231	99.28	4,266,729	0.72	74.94%	8,266,203
5	To re-elect Pierre Bouchut	590,876,580	99.28	4,303,530	0.72	74.94%	8,268,053
6	To re-elect Gwyn Burr	582,958,338	97.95	12,221,273	2.05	74.94%	8,268,552
7	To re-elect Peter Cole	591,189,024	99.33	3,992,864	0.67	74.94%	8,266,275
8	To re-elect Timon Drakesmith	591,540,965	99.39	3,640,976	0.61	74.94%	8,266,222
9	To re-elect Terry Duddy	590,757,294	99.26	4,424,186	0.74	74.94%	8,266,683
10	To re-elect Andrew Formica	590,785,887	99.26	4,396,073	0.74	74.94%	8,266,203
11	To re-elect Judy Gibbons	591,366,806	99.36	3,813,304	0.64	74.94%	8,268,053
12	To re-elect Jean-Philippe Mouton	590,878,798	99.28	4,303,162	0.72	74.94%	8,266,203
13	To re-elect David Tyler	564,493,569	95.46	26,818,956	4.54	74.45%	12,135,637
14	To re-appoint PricewaterhouseCoopers LLP as auditor	597,173,345	99.12	5,274,191	0.88	75.85%	1,000,626
15	To authorise the Audit Committee to agree the auditor's remuneration	600,137,278	99.53	2,819,151	0.47	75.92%	491,734
16	To authorise the Directors to allot securities pursuant to Section 551 of the Companies Act 2006	461,611,571	76.56	141,346,806	23.44	75.92%	489,786
17*	To empower the directors pursuant to Section 570 and 573 of the Companies Act 2006 to allot equity securities as though Section 561(1) of that Act did not apply to such allotment	591,258,436	98.42	9,512,000	1.58	75.64%	2,677,727
18*	To empower the directors pursuant to Section 570 and 573 of the Companies Act 2006 to allot equity securities as though Section 561(1) of that Act did not apply to such allotment in addition to those conferred by resolution 17	583,831,087	97.18	16,938,468	2.82	75.64%	2,678,607
19*	To authorise market purchases by the Company of its shares	593,782,621	98.51	8,979,230	1.49	75.89%	686,311
20	To renew the rules of the SAYE	596,080,809	98.87	6,826,119	1.13	75.91%	541,235
21	To receive and approve the SAYE Ireland	600,282,722	99.57	2,622,499	0.43	75.91%	542,942
22	To receive and approve the SIP	602,501,943	99.93	402,563	0.07	75.91%	543,657

* Special resolution (75% majority required).  

** A vote withheld is not a vote in law and is not counted towards the votes cast 'For' or 'Against' a resolution.

The Board notes that, although resolution 16 was passed with the requisite majority, 23.44% of votes received were against. This resolution is considered routine for listed companies in the UK and is within the Investment Association's Share Capital Management Guidelines. The Board is aware however, that certain overseas institutional investors have a policy of not supporting this authority for the Directors to issue shares.  The Company will continue to engage with those shareholders on this matter in future.

The issued share capital of the Company as at 6.00pm on 20 April 2018 (the time by which shareholders who wanted to attend, speak and vote at the AGM were entered on the Register) was 794,227,196 ordinary shares.

Copies of the resolutions passed, other than the resolutions constituting ordinary business, at the Annual General Meeting will shortly be available for inspection at the National Storage Mechanism, which is located at www.morningstar.co.uk/uk/nsm.

A copy of the poll results for the Annual General Meeting is also available on the Hammerson plc website (www.hammerson.com).

The full text of the resolutions is set out in the Notice of Meeting which is also available at www.hammerson.com.

Sarah Booth

General Counsel and Company Secretary

24 April 2018

Note: the announcement above has also been released on the SENS system of the Johannesburg Stock Exchange.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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