TIDMUTG
RNS Number : 5427Y
Unite Group PLC
09 May 2019
9 May 2019
THE UNITE GROUP PLC (the "Company")
AGM - VOTING RESULTS
The Company announces that at its Annual General Meeting held
today all resolutions were duly passed on a show of hands.
Details of the proxy votes are as follows:
For Against
Resolution Votes* % Votes Votes % Votes Votes Withheld
Cast Cast *** **
----------------------- ------------ -------- ----------- ---------- ---------------
Received Annual
1 Reports and Accounts 220,233,885 100.00 0 0.00 375,803
----------------------- ------------ -------- ----------- ---------- ---------------
Directors Remuneration
2 Policy 213,670,741 96.85 6,938,947 3.15 0
----------------------- ------------ -------- ----------- ---------- ---------------
Annual Report on
3 Remuneration 213,625,277 96.97 6,682,764 3.03 301,647
----------------------- ------------ -------- ----------- ---------- ---------------
4 Final Dividend 220,609,688 100.00 0 0.00 0
----------------------- ------------ -------- ----------- ---------- ---------------
5 Re-elect P White 218,090,844 98.86 2,518,843 1.14 0
----------------------- ------------ -------- ----------- ---------- ---------------
6 Re-elect R Smith 220,270,359 99.85 339,329 0.15 0
----------------------- ------------ -------- ----------- ---------- ---------------
7 Re-elect J Lister 218,746,684 99.16 1,863,004 0.84 0
----------------------- ------------ -------- ----------- ---------- ---------------
8 Re-elect T Wilson 219,972,916 99.71 636,772 0.29 0
----------------------- ------------ -------- ----------- ---------- ---------------
9 Re-elect E McMeikan 215,423,639 97.65 5,186,049 2.35 0
----------------------- ------------ -------- ----------- ---------- ---------------
10 Re-elect R Paterson 219,823,377 99.64 786,311 0.36 0
----------------------- ------------ -------- ----------- ---------- ---------------
11 Elect R Akers 220,262,558 99.84 347,130 0.16 0
----------------------- ------------ -------- ----------- ---------- ---------------
12 Elect I del Beato 220,259,482 99.85 339,201 0.15 0
----------------------- ------------ -------- ----------- ---------- ---------------
13 Re-appoint Auditor 219,027,456 99.28 1,582,232 0.72 0
----------------------- ------------ -------- ----------- ---------- ---------------
14 Auditors' Remuneration 219,031,673 99.28 1,578,015 0.72 0
----------------------- ------------ -------- ----------- ---------- ---------------
Authority to Allot
15 Shares 190,171,898 86.20 30,437,790 13.80 0
----------------------- ------------ -------- ----------- ---------- ---------------
Dis-apply Pre-emption
Rights 1(st) 5%
16 (General) 219,735,658 99.99 30,106 0.01 843,769
----------------------- ------------ -------- ----------- ---------- ---------------
Dis-apply Pre-emption
Rights 2(nd) 5%
(acquisition or
Specific Capital
17 Investment) 215,136,149 97.89 4,629,615 2.11 843,769
----------------------- ------------ -------- ----------- ---------- ---------------
Allow General Meeting
18 on 14 days' notice 186,947,907 84.74 33,661,781 15.26 0
----------------------- ------------ -------- ----------- ---------- ---------------
* Includes those votes giving the Chairman discretion.
** A "Vote Withheld" is not a vote in law and is not counted in
the calculation of "For" and "Against" a resolution.
***0.0001 rounded to 0.00 for consistency
Maximum number of shares represented by proxy: 220,609,688
shares
Number of ordinary shares in issue as at the date of the AGM (no
shares held in treasury): 263,556,191
Resolutions 1 to 15 were passed as ordinary resolutions, and
Resolutions 16 to 18 were passed as special resolutions.
Pursuant to UK Listing Rule 9.6.2R, copies of all resolutions,
other than those concerning ordinary business, adopted at the AGM
will be shortly submitted to the National Storage Mechanism and
will be available for inspection at
http://www.morningstar.co.uk/uk/NSM.
The full text of the resolutions passed at the AGM can be found
in the Notice of AGM, which is available alongside the AGM results
on the Company's website at http://www.unite-group.co.uk/.
END
For further information, please contact:
Unite Students
Christopher Szpojnarowicz, Company Secretary Tel: +44 117 302 7120
About Unite Students
Unite Students is the UK's largest manager and developer of
purpose-built student accommodation serving the country's
world-leading higher education sector. We currently provide homes
for almost 50,000 students in circa 130 properties across 22
leading university towns and cities in England and Scotland. Unite
also has a strong development pipeline, which will deliver more
than 6,000 beds in the next three years.
Our 1,400 people are driven by a common purpose: to provide the
students who live with us a 'Home for Success' and to be the most
trusted brand in the sector. We do this through quality service,
quality people and quality properties, all designed on the basis of
an unrivalled insight into students' needs and preferences.
Unite's accommodation is high quality, safe and secure, and
located close to university campuses, transport links and local
amenities. Students live predominantly in en-suite study bedrooms
with rents covering all bills, insurance, 24-hour security,
fortnightly cleaning services and high-speed Wi-Fi. MyUnite, our
mobile app, provides practical support such as instant messaging
and maintenance requests.
Our commitment to customer service is powered by an innovative,
in-house operating platform. It provides a wide range of benefits
to our students, such as an optimised online booking process, as
well as providing us with a unique ability to drive value from our
portfolio through scale efficiencies and revenue management.
Alongside delivering quality service, our other strategic
priority is delivering growing and sustainable earnings,
underpinned by a strong capital structure. A key part of this
strategy is growing the number of beds let though partnerships with
mid and high tariff universities which are experiencing record
levels of student demand. We currently partner with 60 higher
education institutions, guaranteeing that approximately 60% of our
rooms are let under multi-year, 'nomination agreements' providing
high visibility of forward occupancy and rental growth.
Unite is invested in and operates two specialist funds and joint
ventures with institutional investment partners: the GBP2 billion
Unite UK Student Accommodation Fund (USAF), and the GBP1 billion
London Student Accommodation Vehicle (LSAV).
Unite is the founder of and major donor to the Unite Foundation,
a charitable trust established to support talented students facing
challenging financial circumstances through the provision of free
accommodation annual scholarships. The Foundation has so far
provided scholarships for 250 young people working in close
collaboration with 28 universities.
Founded in 1991 in Bristol, Unite Group is an award-winning Real
Estate Investment Trust (REIT), listed on the London Stock Exchange
and a member of the FTSE 250 Index.
For more information, please visit Unite's corporate website
www.unite-group.co.uk, the student site www.unite-students.com or
the Unite Foundation www.unitefoundation.co.uk
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
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
RAGUGUWUAUPBGGB
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