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Result of AGM

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RNS Number : 4792F
Barratt Developments PLC
12 November 2015
 



 

RESULTS OF THE 2015 ANNUAL GENERAL MEETING

 

Barratt Developments PLC (the "Company") held its fifty-seventh Annual General Meeting (the "AGM") on Wednesday 11 November 2015, at The Royal College of Physicians, 11 St Andrews Place, Regent's Park, 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 and consider the auditor's report, strategic report, the directors' report and the accounts for the financial year ended 30 June 2015.

674,495,764

99.96%

262,374

0.04%

3,769,284

674,758,138

67.34%

 

2.

 

To approve the Directors' Remuneration Report as set out on pages 75 to 78 and pages 84 to 95 of the annual report for the financial year ended 30 June 2015.

620,551,709

94.94%

33,096,748

5.06%

24,878,965

653,648,457

65.23%

 

3.

 

To declare a final dividend of 10.3 pence per ordinary share in respect of the financial year ended 30 June 2015.

674,759,566

99.99%

43,586

0.01%

3,724,270

674,803,152

67.35%

 

4.

 

To approve a special cash payment of 10.0 pence per share.2

674,628,591

99.97%

169,686

0.03%

3,729,145

674,798,277

67.35%

 

5.

 

To re-elect Mr J M Allan as a director.

666,602,916

98.86%

7,672,516

1.14%

4,251,990

674,275,432

67.29%

 

6.

 

To re-elect Mr D F Thomas as a director.

639,414,142

94.76%

35,349,222

5.24%

3,764,058

674,763,364

67.34%

 

7.

 

To re-elect Mr S J Boyes as a director.

670,631,263

99.39%

4,129,101

0.61%

3,767,058

674,760,364

67.34%

 

8.

 

To re-elect Mr M E Rolfe as a director.

671,981,825

99.59%

2,781,762

0.41%

3,763,835

674,763,587

67.34%

 

9.

 

To re-elect Mr R J Akers as a director.

671,969,544

99.59%

2,798,859

0.41%

3,759,019

674,768,403

67.34%

 

10.

 

To re-elect Miss T E Bamford as a director.

671,987,126

99.59%

2,789,850

0.41%

3,750,446

674,776,976

67.34%

 

11.

 

To re-elect Mrs N S Bibby as a director.

671,991,388

99.59%

2,793,730

0.41%

3,742,304

674,785,118

67.34%

 

12.

 

To re-appoint Deloitte LLP as the auditor of the Company.

667,853,295

99.31%

4,644,162

0.69%

6,029,965

672,497,457

67.12%

 

13.

 

To authorise the directors to fix the auditor's remuneration.

670,552,238

99.38%

4,208,760

0.62%

3,766,424

674,760,998

67.34%

 

14.

 

To authorise the Company to make political donations and incur political expenditure.

669,896,779

99.30%

4,753,326

0.70%

3,877,317

674,650,105

67.33%

 

15.

 

To approve the renewal and amendment of the Barratt Developments PLC Co-Investment Plan (to be renamed the Deferred Bonus Plan).

641,699,129

95.43%

30,722,472

4.57%

6,105,821

672,421,601

67.11%

 

16.

 

To authorise the Board to allot shares and grant subscription/conversion rights over shares.

658,675,809

97.62%

16,089,352

2.38%

3,762,261

674,765,161

67.34%

 

17.

 

To authorise the Board to allot or sell Ordinary Shares without complying with pre-emption rights.*

673,285,657

99.79%

1,444,999

0.21%

3,796,766

674,730,656

67.34%

 

18.

 

To authorise the Company to make market purchases of its Ordinary Shares.*

674,132,339

99.90%

651,409

0.10%

3,743,674

674,783,748

67.34%

 

19.

 

To allow the Company to hold general meetings, other than an annual general meeting, on not less than 14 clear days' notice.*

611,880,101

90.68%

62,890,626

9.32%

3,756,695

674,770,727

67.34%

 

1 A vote withheld is not a vote in law.

2 Special cash payment will be distributed by way of a special dividend which will be taxable in the same way as the ordinary dividend.

* Indicates a special resolution requiring a 75% majority.

 

Issued share capital as at voting record date: 1,001,995,857

Number of votes per share: one

 

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

 

Copies of all resolutions, other than those relating to ordinary business, passed at the meeting, (being Resolutions 15, 16, 17, 18, and 19) have today been submitted to the NSM in accordance with Listing Rule 9.6.2.

 

These resolutions will shortly be available for inspection at: www.Hemscott.com/nsm.do.

 

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

Tom Keevil, Group General Counsel and Company Secretary          01530 278 278

 

For media enquiries, please contact:

 

Barratt Developments PLC

Patrick Law, Group Corporate Affairs Director                                   020 7299 4892

 

Maitland

James Devas                                                                                     020 7379 5151

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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