Hammerson PLC

AGM Information • Apr 28, 2020

National Storage Mechanism | Additional information

RNS Number : 2066L

Hammerson PLC

28 April 2020

Hammerson plc

Results of the 2020 Annual General Meeting

At the Annual General Meeting (AGM) of Hammerson plc (the Company) held at 30 Burghley Road, London NW5 1UE on Tuesday, 28 April 2020, 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 for the year ended 31 December 2019	619,133,499	100.00	5,810	0.00	80.80%	1,224,753
2	To receive and approve the Directors' Remuneration Report (other than the Directors' Remuneration Policy) for the year ended 31 December 2019	555,143,064	90.04	61,395,336	9.96	80.46%	3,825,661
3	To receive and approve the Directors' Remuneration Policy	562,599,919	91.34	53,325,844	8.66	80.38%	4,438,298
4	To declare a final dividend for the year ended 31 December 2019	WITHDRAWN
5	To elect Méka Brunel as a Director of the Company	619,774,567	100.00	11,442	0.00	80.88%	578,053
6	To elect James Lenton as a Director of the Company	619,360,997	99.93	424,972	0.07	80.88%	578,093
7	To elect Adam Metz as a Director of the Company	619,773,434	100.00	12,535	0.00	80.88%	578,093
8	To re-elect David Atkins as a Director	619,738,078	99.99	47,891	0.01	80.88%	578,093
9	To re-elect Pierre Bouchut as a Director	469,183,416	75.70	150,602,593	24.30	80.88%	578,053
10	To re-elect Gwyn Burr as a Director	616,735,543	99.51	3,050,466	0.49	80.88%	578,053
11	To re-elect Andrew Formica as a Director	619,760,735	100.00	24,812	0.00	80.88%	578,515
12	To re-elect David Tyler as a Director	619,135,138	99.89	650,964	0.11	80.88%	577,960
13	To re-elect Carol Welch as a Director	619,766,348	100.00	19,661	0.00	80.88%	578,053
14	To re-appoint PricewaterhouseCoopers LLP as auditor	619,586,117	99.97	199,721	0.03	80.88%	578,224
15	To authorise the Audit Committee to agree the auditor's remuneration	619,490,603	99.95	294,207	0.05	80.88%	579,252
16	To authorise the Directors to allot shares	522,531,479	84.31	97,210,484	15.69	80.88%	622,097
17*	To disapply pre-emption rights	568,032,614	91.75	51,107,912	8.25	80.80%	1,223,536
18*	To disapply pre-emption rights in addition to those conferred by resolution 17	567,853,942	91.72	51,286,583	8.28	80.80%	1,223,536
19*	To authorise market purchases by the Company of its shares	616,270,369	99.46	3,325,232	0.54	80.86%	768,460
20	To receive and approve the rules of the 2020 Restricted Share Scheme	568,264,430	91.69	51,511,731	8.31	80.88%	587,900

* 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 9, to re-elect Pierre Bouchut, was passed with the necessary majority, 24.3% of votes received were against. The negative vote is understood to be the mechanistic result of an over-boarding analysis; the Company is fully satisfied with Mr Bouchut's contribution and commitment of time to the Company both as Chair of the Audit Committee and as a Non-Executive Director. However, the Company is engaging with shareholders to discuss their concerns.

The issued share capital of the Company as at 6.30pm on 24 April 2020 (the time by which shareholders who wanted to attend, speak and vote at the AGM were entered on the Register) was 766,293,613 ordinary shares.

Copies of the resolutions passed, other than the resolutions constituting ordinary business, at the AGM will shortly be available for inspection at the National Storage Mechanism, which is located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

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.

Alice Darwall

General Counsel and Company Secretary

28 April 2020

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

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

RAGBSGDSRBDDGGI