Unitech Corporate Parks Plc Result of Shareholder Meetings and Board Change (4446A)
22 December 2014 - 10:09PM
UK Regulatory
TIDMUCP
RNS Number : 4446A
Unitech Corporate Parks Plc
22 December 2014
For release on 22 December 2014
UNITECH CORPORATE PARKS PLC
(the 'Company')
Result of Shareholder Meetings and Board Change
The Board of the Company announces that at the Annual General
Meeting (the 'AGM') held earlier today, other than resolution 3,
all resolutions set out in the circular to shareholders dated 28
November 2014 (the 'Circular') were duly passed. Resolution 3, to
re-elect Ajay Chandra, was not passed.
The Board also announces that at the Extraordinary General
Meeting ('EGM') held immediately after the AGM, the resolution to
approve the proposed return of GBP177.3 million in cash to
Shareholders by way of the B Share Scheme, as set out in the
Circular, was duly passed as a composite special resolution.
In respect of the AGM, a summary of the votes cast in respect of
each of the resolutions proposed is as follows:
Votes in favour* Votes against* Percentage
of issued
shares voting**
------------------------ ------------------ ------------------ ----------------
No. % No. % %
shares shares
------------------------ ----------- ----- ----------- ----- ----------------
1. Adopt 2014 accounts 243,232,237 96.28 9,394,913 3.72 70.17
------------------------ ----------- ----- ----------- ----- ----------------
2. Re-elect Donald
Lake 252,622,150 99.99 5,000 0.002 70.17
------------------------ ----------- ----- ----------- ----- ----------------
3. Re-elect Ajay
Chandra 93,726,725 37.1 158,900,425 62.9 70.17
------------------------ ----------- ----- ----------- ----- ----------------
4. Re-elect Nicholas
Sallnow-Smith 252,622,150 99.99 5,000 0.002 70.17
------------------------ ----------- ----- ----------- ----- ----------------
5. Re-elect John
Sleeman 252,622,150 99.99 5,000 0.002 70.17
------------------------ ----------- ----- ----------- ----- ----------------
6. Re-elect Mohammad
Khan 243,232,237 96.28 9,394,913 3.72 70.17
------------------------ ----------- ----- ----------- ----- ----------------
7. Re-appoint KPMG
LLC 252,622,150 99.99 5,000 0.002 70.17
------------------------ ----------- ----- ----------- ----- ----------------
* The "in favour" and "against" votes, where appropriate,
include those votes giving the Chairman discretion
** Total number of shares amounted to 360,000,000
In respect of the EGM, the composite resolution to: (i) adopt
new Articles of Association in substitution for, and to the
exclusion of, the Current Articles; (ii) vary or abrogate the
ordinary shares in the Company to the extent required as a result
of the creation and allotment of the B Shares (as this is defined
in the New Articles); and (iii) approve the B Share Scheme, was
passed with 252,310,914 votes in favour, nil votes against and
5,000 votes withheld.
All terms used and not defined in this announcement shall have
the meaning given in the Circular dated 28 November 2014.
For further information please contact:
Westhouse Securities Limited Tel: +44 (0)20 7601
6118
-------------------------------------------- --------------------
Alastair Moreton
-------------------------------------------- --------------------
IOMA Fund and Investment Management Limited Tel: +44 (0)1624
681250
-------------------------------------------- --------------------
Philip Scales
-------------------------------------------- --------------------
Graham Smith
-------------------------------------------- --------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCFLLFLZLFBFBV
Ucp (LSE:UCP)
Historical Stock Chart
From Apr 2024 to May 2024
Ucp (LSE:UCP)
Historical Stock Chart
From May 2023 to May 2024