Barratt Developments PLC

AGM Information • Oct 17, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 3863E

Barratt Developments PLC

17 October 2018

BARRATT DEVELOPMENTS PLC

RESULTS OF THE 2018 ANNUAL GENERAL MEETING

Barratt Developments PLC (the "Company") held its sixtieth Annual General Meeting (the "AGM") on Wednesday 17th October 2018, at The Royal College of Physicians, 11 St Andrews Place, London NW1 4LE.

All resolutions put to the meeting were voted on by way of a poll and were passed by the shareholders. The results of the poll for each such resolution are shown below:

Poll Results

Resolution		Votes For (including Chairman's discretionary votes)		Votes Against		Votes Withheld1	Total Votes Cast (excluding votes withheld)
		No. of Shares	% of shares voted	No. of Shares	% of shares voted	No. of Shares	No. of Shares	% of issued share capital
1.	To receive the auditor's and directors' reports, the strategic report and the accounts for the year ended 30 June 2018.	674,771,569	99.98	105,451	0.02	428,468	674,877,020	66.55
2.	To approve the Directors' Remuneration Report for the year ended 30 June 2018 (excluding the Directors' Remuneration Policy).	665,895,729	98.64	9,199,633	1.36	210,125	675,095,362	66.57
3.	To declare a final dividend of 17.9 pence per ordinary share in respect of the financial year ended 30 June 2018.	674,552,916	99.90	689,944	0.10	62,628	675,242,860	66.59
4.	To approve a special dividend of 17.3 pence per ordinary share.	675,095,690	99.98	151,246	0.02	58,552	675,246,936	66.59
5.	To elect Mrs S M White as a director of the Company.	674,680,249	99.95	330,026	0.05	295,213	675,010,275	66.56
6.	To re-elect Mr J M Allan as a director of the Company.	669,551,064	99.17	5,585,040	0.83	169,383	675,136,104	66.57
7.	To re-elect Mr D F Thomas as a director of the Company.	672,219,101	99.59	2,776,390	0.41	309,997	674,995,491	66.56
8.	To re-elect Mr S J Boyes as a director of the Company	671,861,346	99.53	3,140,927	0.47	303,215	675,002,273	66.56
9.	To re-elect Mrs J E White as a director of the Company.	671,344,745	99.46	3,655,113	0.54	305,630	674,999,858	66.56
10.	To re-elect Mr R J Akers as a director of the Company.	668,612,707	99.06	6,372,989	0.94	319,792	674,985,696	66.56
11.	To re-elect Mrs N S Bibby as a director of the Company.	673,505,528	99.78	1,484,101	0.22	315,859	674,989,629	66.56
12.	To re-elect Mr J F Lennox as a director of the Company.	662,230,439	98.24	11,852,535	1.76	1,237,644	674,082,974	66.47
13.	To re-appoint Deloitte LLP as the auditor of the Company.	667,772,943	98.90	7,399,724	1.10	132,820	675,172,667	66.58
14.	To authorise the Audit Committee to fix the auditor's remuneration.	669,504,788	99.16	5,663,831	0.84	136,869	675,168,619	66.58
15.	To authorise the Company to make political donations and incur political expenditure.	670,485,572	99.80	1,376,822	0.20	3,443,094	671,862,394	66.25
16.	To approve the renewal and amendment of the Barratt Developments Savings- Related Share Option Scheme.	668,783,870	99.06	6,319,608	0.94	202,010	675,103,478	66.57
17.	To authorise the Board to allot shares and grant subscription/conversion rights over shares.	668,871,670	99.08	6,239,415	0.92	194,403	675,111,085	66.57
18.	To authorise the Board to allot or sell ordinary shares without complying with pre-emption rights.*	674,817,659	99.95	314,463	0.05	173,366	675,132,122	66.57
19.	To authorise the Company to make market purchases of its ordinary shares.*	673,292,348	99.78	1,490,908	0.22	522,231	674,783,256	66.54
20.	To allow the Company to hold general meetings, other than an Annual General Meeting, on not less than 14 clear days' notice.*	626,939,715	93.29	45,078,377	6.71	3,287,396	672,018,092	66.27

1 A vote withheld is not a vote in law.

* Indicates a special resolution requiring a 75% majority.

Issued share capital as at voting record date: 1,014,101,204

Number of votes per share: one

Resolutions submitted to the National Storage Mechanism (the 'NSM')

We will shortly submit copies of all resolutions, other than those relating to ordinary business, passed at the meeting, (being Resolutions 16, 17, 18, 19 and 20) to the NSM in accordance with Listing Rule 9.6.2.

These resolutions will therefore be available for inspection at: http://www.morningstar.co.uk/uk/NSM

The poll results will also be available shortly on the Company's website www.barrattdevelopments.co.uk.

For further information please contact:

Barratt Developments PLC

David Thomas, Chief Executive                                                         020 7299 4896

Tina Bains, Company Secretary                                                        01530 278 278

For media enquiries, please contact:

Barratt Developments PLC

Tim Collins, Head of Corporate Communications                              020 7299 4874

Brunswick

Jonathan Glass                                                                                 020 7396 7486

Wendel Verbeek                                                                                020 7396 5372

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

RAGFFUFLWFASEDS