Safestore Holdings PLC

AGM Information • Mar 17, 2021

National Storage Mechanism | Additional information

RNS Number : 6157S

Safestore Holdings plc

17 March 2021

17 March 2021

Safestore Holdings plc

("Safestore", "the Company" or "the Group")

Result of Annual General Meeting

Annual General Meeting

The 2021 Annual General Meeting of Safestore Holdings plc was held at midday today at the Company's registered office in Borehamwood, Hertfordshire.

The Annual General Meeting was a closed meeting in accordance with the Corporate Insolvency and Governance Act 2020 and shareholders, other than those required for a quorum, were not permitted to attend. Voting was conducted by way of a poll so that all shareholders were fairly represented.

All resolutions were passed by the requisite majority by way of a poll.

The following votes were cast in respect of the AGM resolutions:

	Resolution	Votes For	%	Votes Against	%		Total Votes (excluding withheld)	% of Issued Share Capital Voted	Votes Withheld
1	To receive the Annual Report and Accounts	163,598,427	99.99%	16,429	0.01%		163,614,856	77.61%	456,503
2	To approve the Directors' Remuneration Report	158,436,298	96.58%	5,615,966	3.42%		164,052,264	77.82%	19,095
3	To appoint Deloitte LLP as auditor	162,595,038	99.40%	985,061	0.60%		163,580,099	77.60%	491,260
4	To authorise the Directors to determine the auditors' remuneration	163,071,111	99.40%	984,998	0.60%		164,056,109	77.82%	15,250
5	To declare a final dividend of 12.7 pence per ordinary share	164,056,713	100.00%	0	0.00%		164,056,713	77.82%	14,646
6	To elect Gert van de Weerdhof as a Director	133,244,757	81.22%	30,808,293	18.78%		164,053,050	77.82%	18,309
7	To re-elect David Hearn as a Director	142,965,799	90.33%	15,309,690	9.67%		158,275,489	75.08%	5,795,870
8	To re-elect Frederic Vecchioli as a Director	164,053,679	99.99%	1,471	0.01%		164,055,150	77.82%	16,209
9	To re-elect Andy Jones as a Director	162,554,043	99.09%	1,500,507	0.91%		164,054,550	77.82%	16,809
10	To re-elect Ian Krieger as a Director	158,796,776	96.80%	5,257,774	3.20%		164,054,550	77.82%	16,809
11	To re-elect Joanne Kenrick as a Director	163,794,826	99.84%	258,287	0.16%		164,053,113	77.82%	18,246
12	To re-elect Claire Balmforth as a Director	164,021,468	99.98%	33,745	0.02%		164,055,213	77.82%	16,146
13	To re-elect Bill Oliver as a Director	164,051,579	99.99%	1,471	0.01%		164,053,050	77.82%	18,309
14	To authorise political donations and political expenditure	158,096,144	96.37%	5,957,557	3.63%		164,053,701	77.82%	17,658
15	To authorise the directors to allot relevant securities	153,985,467	93.86%	10,068,433	6.14%		164,053,900	77.82%	17,459
16	To authorise the dis-application of pre-emption rights	163,729,740	99.80%	324,060	0.20%		164,053,800	77.82%	17,559
17	To authorise market purchases of ordinary shares	162,847,653	99.54%	748,529	0.46%		163,596,182	77.60%	475,177
18	To authorise general meetings  (other than annual general meetings) to be called on not less than 14 clear days' notice meetings	151,716,106	92.48%	12,339,072	7.52%		164,055,178	77.82%	16,181

Resolutions 1 to 15 were ordinary resolutions, requiring more than 50 per cent. of shareholders' votes to be cast in favour of the resolutions. Resolutions 16 to 18 were special resolutions, requiring at least 75 per cent. of shareholders' votes to be cast in favour of the resolutions.

Where shareholders appointed the Chairman of the meeting as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and their shares have been included in the "votes for" column.

A "vote withheld" is not a vote in law and is not counted in the calculation of the percentages of votes cast for and against a resolution.

The current issued capital of Safestore Holdings plc is 210,811,175 ordinary shares.

In accordance with LR 9.6.2, copies of the resolutions passed as special business have been submitted to the Financial Conduct Authority's National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For further information, please contact:

Safestore Holdings plc Helen Bramall, Company Secretary	020 8732 1500
www.safestore.com
Instinctif Partners Guy Scarborough Catherine Wickman	020 7457 2020

Notes to editors:

·     Safestore is the UK's largest self-storage group with 159 stores at 31 January 2021 comprising 127 wholly owned stores in the UK (including 71 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle and Bristol) and 28  wholly owned stores in the Paris region and  4 stores in Barcelona. In addition, the Group operates 9 stores in the Netherlands and 6 stores in Belgium under a joint venture agreement with Carlyle.

·   Safestore operates more self-storage sites inside the M25 and in central Paris than any competitor providing more proximity to customers in the wealthiest and densest UK and French markets.

·     Safestore was founded in the UK in 1998. It acquired the French business "Une Pièce en Plus" ("UPP") in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli.

·      Safestore has been listed on the London Stock Exchange since 2007. It entered the FTSE 250 index in October 2015.

·      The Group provides storage to around 75,000 personal and business customers.

·    As at 31 January 2021, Safestore had a maximum lettable area ("MLA") of 6.871 million sq ft (excluding the expansion pipeline stores, and the Carlyle Joint Venture) of which 5.506 million sq ft was occupied.

·      Safestore employs around 660 people in the UK, Paris, and Barcelona.

·      Following a recent assessment by Investors in People, Safestore has been awarded the prestigious We invest in people, platinum accreditation. Platinum is the highest level of accreditation achievable through the We invest in people accreditation, with only 2% of organisations achieving this standard.

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