BLND British Land Company Plc

TIDMBLND

RNS Number : 6862F

British Land Co PLC

11 July 2023

The British Land Company PLC

11 July 2023

RESULTS OF ANNUAL GENERAL MEETING

The British Land Company PLC (the 'Company') held its Annual General Meeting ('AGM') at 100 Liverpool Street, London EC2M 2RH earlier today. All resolutions were voted on by way of a poll and were passed by shareholders. The results of the poll are set out below.

 
 Resolutions                        Votes FOR (1)            Votes AGAINST             Total Votes             Votes 
                                                                                           Cast             Withheld 
                                                                                                                 (2) 
                                     No. of       % of       No. of       % of        No. of        % of 
                                     Shares     Shares       Shares     Shares        Shares      Issued 
                                                 voted                   voted                   Capital 
                               ------------  ---------  -----------  ---------  ------------  ---------- 
      To receive 
       the Annual 
       Report and 
       audited financial 
       statements 
       of the Company 
       for the year 
       ended 31 March 
 1     2023                     659,296,123      99.99       33,232       0.01   659,329,355      71.11%     475,901 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To approve 
       the Directors' 
       Remuneration 
       Report for 
       the year ended 
 2     31 March 2023            610,298,012      92.51   49,400,196       7.49   659,698,208      71.15%     107,048 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To declare 
       a final dividend 
       of 11.04p per 
       ordinary share 
       for the year 
       ended 31 March 
 3     2023                     658,521,138      99.81    1,272,481       0.19   659,793,619      71.16%      11,637 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To re-appoint 
       Mark Aedy as 
 4     a Director               659,655,648      99.98       99,847       0.02   659,755,495      71.15%      49,761 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To re-appoint 
       Simon Carter 
 5     as a Director            659,470,947      99.96      287,841       0.04   659,758,788      71.15%      46,468 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To re-appoint 
       Lynn Gladden 
 6     as a Director            659,438,989      99.95      320,817       0.05   659,759,806      71.15%      45,450 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To re-appoint 
       Irvinder Goodhew 
 7     as a Director            659,626,623      99.98      130,659       0.02   659,757,282      71.15%      47,974 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To re--appoint 
       Alastair Hughes 
 8     as a Director            657,649,277      99.68    2,112,756       0.32   659,762,033      71.15%      43,223 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To re-appoint 
       Bhavesh Mistry 
 9     as a Director            657,022,294      99.59    2,719,832       0.41   659,742,126      71.15%      63,130 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To re--appoint 
       Preben Prebensen 
 10    as a Director            659,446,873      99.95      314,588       0.05   659,761,461      71.15%      43,795 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To re-appoint 
       Tim Score as 
 11    a Director               628,022,223      95.19   31,732,507       4.81   659,754,730      71.15%      50,526 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To re-appoint 
       Laura Wade-Gery 
 12    as a Director            652,295,013      98.87    7,468,321       1.13   659,763,334      71.15%      41,922 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To re-appoint 
       Loraine Woodhouse 
 13    as a Director            659,634,800      99.98      119,414       0.02   659,754,214      71.15%      51,042 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To re--appoint 
       PricewaterhouseCoopers 
       LLP as auditor 
 14    of the Company           657,616,614      99.67    2,155,952       0.33   659,772,566      71.15%      32,690 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To authorise 
       the Audit Committee 
       to agree the 
 15    auditor's remuneration   659,707,329      99.99       69,383       0.01   659,776,712      71.15%      28,544 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To authorise 
       the Company 
       to make political 
       donations and 
       political expenditure 
       of not more 
       than GBP20,000 
 16    in total                 654,596,974      99.22    5,164,400       0.78   659,761,374      71.15%      43,882 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To authorise 
       the Directors 
       to allot shares, 
       up to a limited 
 17    amount                   564,176,910      85.76   93,708,653      14.24   657,885,563      70.95%   1,919,693 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To approve 
       the renewal 
       of the Savings-Related 
       Share Option 
 18    Scheme                   659,605,878      99.98      150,497       0.02   659,756,375      71.15%      48,881 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To approve 
       the renewal 
       of the Long-Term 
 19    Incentive Plan           654,197,836      99.16    5,537,836       0.84   659,735,672      71.15%      69,584 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To empower 
       the Directors 
       to allot shares 
       for cash, without 
       making a pre--emptive 
       offer to shareholders, 
       up to the specified 
 20    amount (3)               657,801,949      99.88      771,837       0.12   658,573,786      71.02%   1,231,470 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To empower 
       the Directors 
       to allot additional 
       shares for 
       cash, without 
       making a pre-emptive 
       offer to shareholders, 
       up to the specified 
       amount for 
       use in connection 
       with an acquisition 
       or capital 
 21    investment(3)            654,813,163      99.44    3,697,192       0.56   658,510,355      71.02%   1,251,901 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To authorise 
       the Company 
       to purchase 
       its own shares, 
       up to the specified 
 22    limit(3)                 657,094,837      99.69    2,043,596       0.31   659,138,433      71.09%     666,823 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
      To authorise 
       the calling 
       of general 
       meetings (other 
       than an annual 
       general meeting) 
       on not less 
       than 14 clear 
 23    days' notice(3)          570,210,847      86.67   87,677,706      13.33   657,888,553      70.95%   1,916,703 
     ------------------------  ------------  ---------  -----------  ---------  ------------  ----------  ---------- 
 

(1) Includes discretionary votes.

(2) A vote withheld is not a vote in law and is not counted towards the votes cast 'For' or 'Against' a resolution.

(3) Special Resolution (75% majority required).

The total voting rights of the Company as at 6.30pm on 7 July 2023 (the time by which shareholders wanting to attend, speak and vote at the AGM were required to be entered on the register) was 927,250,333 ordinary shares of 25 pence each (excluding treasury shares).

In accordance with Listing Rule 9.6.2 copies of the resolutions passed at the AGM, other than resolutions constituting ordinary business, will shortly be available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism . A copy of the poll results for the AGM will also shortly be available on the British Land website (www.britishland.com/investors).

Enquiries:

Company Secretariat

British Land

York House, 45 Seymour Street, London W1H 7LX

020 7486 4466

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July 11, 2023 08:40 ET (12:40 GMT)