Barratt Developments (LONBDEV) held its sixty-first Annual General Meeting on Wednesday 16th October 2019, at The Royal College of Physicians, 11 St Andrews Place, 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:
|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 Auditor’s and Directors’ reports, the Strategic Report and the accounts for the year ended 30 June 2019.|
|2||To approve the Directors’ Remuneration Report for the year ended 30 June 2019 (excluding the Directors’ Remuneration Policy).|
|3||To declare a final dividend of 19.5 pence per ordinary share in respect of the financial year ended 30 June 2019.|
|4||To approve a special dividend of 17.3 pence per ordinary share.|
|5||To re-elect John Allan as a director of the Company.|
|6||To re-elect David Thomas as a director of the Company.|
|7||To re-elect Mr Steven Boyes as a director of the Company|
|8||To re-elect Jessica White as a director of the Company.|
|9||To re-elect Richard Akers as a director of the Company.|
|10||To re-elect Nina Bibby as a director of the Company.|
|11||To re-elect Jock Lennox as a director of the Company.|
|12||To re-elect Sharon White as a director of the Company.|
|13||To re-appoint Deloitte LLP as the auditor of the Company.|
|14||To authorise the Audit Committee to fix the auditor’s remuneration.|
|15||To authorise the Company to make political donations and incur political expenditure.|
|16||To authorise the Board to allot shares and grant subscription/conversion rights|
|17||To authorise the Board to allot or sell ordinary shares without complying with|
|18||To authorise the Company to make market purchases of its ordinary shares.*|
|19||To allow the Company to hold general meetings, other than an Annual General Meeting, on not less than 14 clear days’ notice.*|
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: 1,018,193,740
Number of votes per share: one
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 16, 17, 18, and 19) to the NSM in accordance with Listing Rule 9.6.2.
These resolutions will therefore be available for inspection at: http://www.morningstar.co.uk/uk/NSM
The poll results will also be available shortly on the Company’s website www.barrattdevelopments.co.uk.