TIDMSAFE
RNS Number : 8488F
Safestore Holdings plc
12 July 2023
12 July 2023
Safestore Holdings plc
("Safestore", "the Company" or "the Group")
Result of General Meeting
A General Meeting of Safestore Holdings plc was held at 3.00pm
today at the Company's registered office in Borehamwood,
Hertfordshire.
All resolutions were passed by the requisite majority by way of
a poll.
The following votes were cast in respect of the resolutions:
% of
Issued
Total Votes Share
Votes (excluding Capital Votes
Resolution Votes For % Against % withheld) Voted Withheld
To approve
the Directors'
Remuneration
1 Policy 178,517,273 97.40% 4,769,130 2.60% 183,286,403 84.07% 2,815,021
------------------ ------------ ------- ---------- ------ -------------- --------- ----------------------
To approve
an amendment
to the rules
of the Safestore
2020 Long
Term Incentive 84.44
2 Plan 182,078,063 98.90% 2,026,864 1.10% 184,104,927 % 1,996,497
------------------ ------------ ------- ---------- ------ -------------- --------- ----------------------
Resolutions 1 and 2 were ordinary resolutions, requiring more
than 50 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.
Commenting on the result of the General Meeting David Hearn,
Chairman of Safestore said:
"The Board takes the issue of the Company's Remuneration Policy
and specifically executive remuneration very seriously. As a
result, we conducted an extensive consultation programme with most
of our major shareholders and Investor Bodies in advance of
finalising these resolutions, and I would like to thank them for
their engagement and constructive feedback throughout the
process.
I am therefore delighted to be able to report that with almost
85% of all shares being voted, the two resolutions received
overwhelming support with over 97.4% and 98.9% votes in favour
respectively."
The current issued capital of Safestore Holdings plc is
218,006,528 ordinary shares.
For further information, please contact:
Instinctif Partners
Guy Scarborough
Bryn Woodward 020 7457 2020
Notes to Editors:
-- Safestore is the UK's largest self storage group with 185
stores on 30 April 2023, comprising 132 wholly owned stores in the
UK (including 73 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), 29
wholly owned stores in the Paris region, 8 stores in Spain, 10
stores in the Netherlands and 6 stores in Belgium.
-- 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 more densely populated 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 90,000 personal and business customers.
-- As at 30 April 2023, Safestore had a maximum lettable area
("MLA") of 7.990 million sq ft (excluding the expansion pipeline
stores) of which 6.124 million sq ft was occupied.
-- Safestore employs around 750 people in the UK, France, Spain, the Netherlands and Belgium.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
ROMQLLFFXDLXBBF
(END) Dow Jones Newswires
July 12, 2023 12:40 ET (16:40 GMT)
Safestore (LSE:SAFE)
Historical Stock Chart
From Apr 2024 to May 2024
Safestore (LSE:SAFE)
Historical Stock Chart
From May 2023 to May 2024
