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HAMMERSON PLC - Results of the 2018 Annual General Meeting

Release Date: 24/04/2018 16:30
Code(s): HMN     PDF:  
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Results of the 2018 Annual General Meeting

     Hammerson plc
     (Incorporated in England and Wales)
     (Company number 360632)
     LSE share code: HMSO JSE share code: HMN
     ISIN: GB0004065016
     (‘Hammerson’ or ‘the Company’)


     Results of the 2018 Annual General Meeting

     At the Annual General Meeting of Hammerson plc (the ‘Company’) held at Kings Place, 90 York Way, London N1 9GE on Tuesday, 24 April 2018, all the
     resolutions were voted upon by poll and were passed by Shareholders. The results of the poll for each resolution are as follows:

                                                                              Votes For                    Votes Against             Votes Cast          **Votes
                                                                                                                                                         Withheld
                                                                         No. of      % of Shares        No. of       % of Shares     % of Issued          No. of
      Resolution
                                                                         Shares        voted            Shares         voted        Share Capital         Shares
1     To receive the Directors’ Annual Report and Financial
      Statements                                                       602,527,242           99.93        400,398            0.07         75.91%             520,523
2     To receive and approve the 2017 Directors’ Remuneration
      Report                                                           573,338,546          96.62       20,082,608           3.38         74.72%          10,027,007
3     To declare a final dividend                                      602,551,365         100.00                0           0.00         75.87%             896,798
4     To re-elect David Atkins                                         590,915,231          99.28        4,266,729           0.72         74.94%           8,266,203
5     To re-elect Pierre Bouchut                                       590,876,580          99.28        4,303,530           0.72         74.94%           8,268,053
6     To re-elect Gwyn Burr                                            582,958,338          97.95       12,221,273           2.05         74.94%           8,268,552
7     To re-elect Peter Cole                                           591,189,024          99.33        3,992,864           0.67         74.94%           8,266,275
8     To re-elect Timon Drakesmith                                     591,540,965          99.39        3,640,976           0.61         74.94%           8,266,222
9     To re-elect Terry Duddy                                          590,757,294          99.26        4,424,186           0.74         74.94%           8,266,683
10    To re-elect Andrew Formica                                       590,785,887          99.26        4,396,073           0.74         74.94%           8,266,203
11    To re-elect Judy Gibbons                                         591,366,806          99.36        3,813,304           0.64         74.94%           8,268,053
12    To re-elect Jean-Philippe Mouton                                 590,878,798          99.28        4,303,162           0.72         74.94%           8,266,203
13    To re-elect David Tyler                                          564,493,569          95.46       26,818,956           4.54         74.45%          12,135,637
14    To re-appoint PricewaterhouseCoopers LLP as auditor              597,173,345          99.12        5,274,191           0.88         75.85%           1,000,626
15     To authorise the Audit Committee to agree the auditor’s
       remuneration                                                          600,137,278            99.53        2,819,151          0.47          75.92%               491,734
16     To authorise the Directors to allot securities pursuant to
       Section 551 of the Companies Act 2006                                 461,611,571            76.56      141,346,806         23.44          75.92%               489,786
17*    To empower the directors pursuant to Section 570 and 573
       of the Companies Act 2006 to allot equity securities as
       though Section 561(1) of that Act did not apply to such
       allotment                                                             591,258,436            98.42        9,512,000          1.58          75.64%          2,677,727
18*    To empower the directors pursuant to Section 570 and 573
       of the Companies Act 2006 to allot equity securities as
       though Section 561(1) of that Act did not apply to such
       allotment in addition to those conferred by resolution 17             583,831,087            97.18       16,938,468          2.82          75.64%          2,678,607
19*    To authorise market purchases by the Company of its
       shares                                                                593,782,621            98.51        8,979,230          1.49          75.89%               686,311
20     To renew the rules of the SAYE                                        596,080,809            98.87        6,826,119          1.13          75.91%               541,235
21     To receive and approve the SAYE Ireland                               600,282,722            99.57        2,622,499          0.43          75.91%               542,942
22     To receive and approve the SIP                                        602,501,943            99.93          402,563          0.07          75.91%               543,657

      * Special resolution (75% majority required).
      ** A vote withheld is not a vote in law and is not counted towards the votes cast ‘For’ or ‘Against’ a resolution.

      The Board notes that, although resolution 16 was passed with the requisite majority, 23.44% of votes received were against. This resolution is considered
      routine for listed companies in the UK and is within the Investment Association's Share Capital Management Guidelines. The Board is aware however, that
      certain overseas institutional investors have a policy of not supporting this authority for the Directors to issue shares. The Company will continue to engage
      with those shareholders on this matter in future.

      The issued share capital of the Company as at 6.00pm on 20 April 2018 (the time by which shareholders who wanted to attend, speak and vote at the AGM
      were entered on the Register) was 794,227,196 ordinary shares.

      Copies of the resolutions passed, other than the resolutions constituting ordinary business, at the Annual General Meeting will shortly be available for
      inspection at the National Storage Mechanism, which is located at www.morningstar.co.uk/uk/nsm.

      A copy of the poll results for the Annual General Meeting is also available on the Hammerson plc website (www.hammerson.com).

      The full text of the resolutions is set out in the Notice of Meeting which is also available at www.hammerson.com.
Sarah Booth
General Counsel and Company Secretary

24 April 2018




Hammerson has its primary listing on the London Stock Exchange and a secondary inward listing on the Johannesburg Stock Exchange.

Joint Sponsors:
Deutsche Securities (SA) Proprietary Limited
Java Capital

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