Barratt Developments PLC

Declaration of Voting Results & Voting Rights Announcements • Oct 18, 2022

National Storage Mechanism | Additional information

RNS Number : 2829D

Barratt Developments PLC

18 October 2022

BARRATT DEVELOPMENTS PLC

RESULTS OF THE 2022 ANNUAL GENERAL MEETING

Barratt Developments PLC (the "Company") held its sixty-third Annual General Meeting (the "AGM") on Monday 17 October 2022, at Linklaters, One Silk Street, London EC2Y 8HQ.

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 accounts of the Company, the strategic report and the Directors' and Auditor's reports for the year ended 30 June 2022	676,611,558	99.99	58,398	0.01	638,717	676,669,956	66.90%
2.	To approve the Directors' remuneration report for the year ended 30 June 2022 (excluding the Directors' remuneration policy)	634,326,479	93.72	42,480,457	6.28	501,737	676,806,936	66.91%
3.	To declare a final dividend of 25.7 pence per ordinary share	677,250,980	100.00	28,718	0.00	28,975	677,279,698	66.96%
4.	To elect Mike Scott as a Director of the Company	661,770,042	97.72	15,439,151	2.28	99,480	677,209,193	66.95%
5.	To re-elect John Allan as a Director of the Company	535,873,562	79.65	136,938,613	20.35	4,496,498	672,812,175	66.52%
6.	To re-elect David Thomas as a Director of the Company	665,779,569	98.31	11,430,257	1.69	98,847	677,209,826	66.95%
7.	To re-elect Steven Boyes as a Director of the Company	665,449,975	98.26	11,756,851	1.74	101,847	677,206,826	66.95%
8.	To re-elect Katie Bickerstaffe as a Director of the Company	652,271,400	96.32	24,948,152	3.68	89,121	677,219,552	66.95%
9.	To re-elect Jock Lennox as a Director of the Company	603,573,513	89.13	73,633,108	10.87	102,052	677,206,621	66.95%
10.	To re-elect Chris Weston as a Director of the Company	603,489,219	89.11	73,717,246	10.89	102,208	677,206,465	66.95%
11.	To re-elect Sharon White as a Director of the Company	654,601,552	96.66	22,614,041	3.34	93,080	677,215,593	66.95%
12.	To re-appoint Deloitte LLP as the auditor of the Company	672,457,052	99.29	4,790,278	0.71	61,343	677,247,330	66.95%
13.	To authorise the Audit Committee to fix the auditor's remuneration	674,767,024	99.63	2,489,142	0.37	52,507	677,256,166	66.95%
14.	To authorise the Company to make political donations and incur political expenditure	635,373,832	93.82	41,884,142	6.18	50,699	677,257,974	66.95%
15.	To authorise the Board to allot shares and grant subscription/conversion rights over shares	659,985,247	97.46	17,213,897	2.54	109,529	677,199,144	66.95%
16.	To authorise the Board to allot or sell ordinary shares without complying with pre-emption rights*	634,804,599	93.74	42,397,910	6.26	106,164	677,202,509	66.95%
17.	To authorise the Company to make market purchases of its ordinary shares*	675,864,568	99.83	1,152,832	0.17	291,273	677,017,400	66.93%
18.	To allow the Company to hold general meetings, other than an Annual General Meeting, on not less than 14 clear days' notice*	638,366,487	94.26	38,905,808	5.74	36,378	677,272,295	66.96%

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: 1,011,518,177.  Number of votes per share: one

It is the Company's understanding that the votes against Resolution 5 (the re-election of John Allan) were primarily due to female Board representation falling below the requirements of the Hampton-Alexander review following the AGM, as Nina Bibby did not stand for re-election.

The Company takes compliance with the UK Corporate Governance Code seriously and is mindful of the requirements of the Hampton-Alexander review as well as the changes being proposed to the Listing Rules to increase female representation to 40% on Boards with one of the key roles being held by a female. The Nomination Committee, which is chaired by John Allan, is nearing the end of the recruitment process for a new Non-Executive Director and will be announcing the successful female candidate in the next two weeks.

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 15, 16, 17 and 18) to the NSM in accordance with Listing Rule 9.6.2.

These resolutions will therefore be available for inspection at: https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.

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, Group Corporate Affairs Director                                    020 7299 4874

Brunswick

Jonathan Glass/Rosie Oddy                                                               020 7404 5959

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