18/11/2010 Archive
Barratt Developments PLC (the “Company”) held its fifty-second Annual General Meeting on Wednesday 17 November 2010, at the Royal College of Physicians, 11 St Andrews Place, Regent’s Park, London NW1 4LE.
Total number of shares in issue as at 6.00 p.m. on Monday 15 November 2010 was 965,254,676.
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* | Votes Against | Votes Withheld** | 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 and adopt the reports of the auditors and directors and the accounts for the year ended 30 June 2010. | 492,519,347 | 99.80 | 975,810 | 0.20 | 50,980 | 493,495,157 | 51.13 |
2. | To re-elect Mr R J Davies as a director. | 462,088,322 | 94.96 | 24,505,614 | 5.04 | 6,952,201 | 486,593,936 | 50.41 |
3. | To re-elect W Shannon as a director (withdrawn).*** | x | x | x | x | x | x | x |
4. | To re-appoint Deloitte LLP as auditors of the Company and authorise the directors to fix their remuneration. | 468,557,600 | 98.47 | 7,290,384 | 1.53 | 17,698,153 | 475,847,984 | 49.30 |
5. | To approve the Directors’ Remuneration Report for the year ended 30 June 2010. | 449,097,223 | 91.42 | 42,165,234 | 8.58 | 2,283,680 | 491,262,457 | 50.89 |
6. | To authorise the Company to make political donations and incur political expenditure. | 454,078,208 | 93.36 | 32,319,855 | 6.64 | 7,148,074 | 486,398,063 | 50.39 |
7. | To authorise the Board to allot shares and grant subscription/conversion rights. | 492,576,020 | 99.83 | 839,545 | 0.17 | 130,572 | 493,415,565 | 51.12 |
8. | To authorise the Board to allot equity securities.^ | 492,858,947 | 99.89 | 520,215 | 0.11 | 166,536 | 493,379,162 | 51.11 |
9. | To authorise the Board to make purchases of its Ordinary Shares.^ | 493,178,440 | 99.94 | 298,171 | 0.06 | 69,526 | 493,476,611 | 51.12 |
10. | To allow the Company to hold general meetings, other than an annual general meeting, on not less than 14 clear days’ notice.^ | 469,184,760 | 96.46 | 17,208,300 | 3.54 | 63,077 | 486,393,060 | 50.39 |
* Includes Chairman’s discretionary votes.
**A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution.
*** As announced on 21 October 2010, Bill Shannon resigned from his position as non-executive director of the Company because of his appointment as a non-executive director and Chairman designate of St Modwen Properties PLC as a result this resolution was withdrawn from the business of the meeting.
^ Indicates a special resolution requiring a 75% majority.