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INTU PROPERTIES PLC - Annual General Meeting Proxy Voting Figures

Release Date: 06/05/2019 07:05
Code(s): ITU     PDF:  
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Annual General Meeting Proxy Voting Figures

INTU PROPERTIES PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:      ITU
LEI: 213800JSNTERD5CJZO95


intu properties plc (“intu or “the Company”)

Annual General Meeting Proxy Voting Figures

At the Annual General Meeting of the Company held on 3 May 2019, all resolutions proposed at the
meeting were passed by vote on a show of hands. For information, the following proxy votes were
received prior to the meeting.


                                                                                TOTAL         Votes
                              Proxy votes in favour    Proxy votes against      VOTES        Withheld
 Resolution                     Votes           %        Votes         %
 1. To receive the
 Company’s accounts,
 the strategic report and
 the reports of the
                             1,045,679,695    99.98     13,551        0.01   1,045,693,246   1,269,546
 Directors and the
 Auditor for the year
 ended 31 December
 2018
 2. To re-elect John
 Strachan as a Director      1,022,297,219    97.72   23,698,534      2.27   1,045,995,753    967,038
 (Chairman)
 3. To re-elect John
 Whittaker as a Director     1,029,506,219    98.41   16,489,357      1.58   1,045,995,576    967,216
 (Deputy Chairman)
 4. To re-elect David
 Fischel (NOT                     n/a          n/a        n/a         n/a         n/a              n/a
 PROPOSED)
 5. To re-elect Matthew
 Roberts as a Director       1,029,801,689    98.44   16,194,145      1.55   1,045,995,834    966,958
 (Chief Executive)
 6. To re-elect Adèle
 Anderson as a Director      1,028,590,345    98.33   17,405,489      1.66   1,045,995,834    966,958
 (Non-Executive)
 7. To elect Ian Burke as
 a Director (Non-            1,000,147,855    95.61   45,847,568      4.38   1,045,995,423    967,369
 executive)
 8. To appoint Deloitte
                             1,027,609,625    98.23   18,379,707      1.76   1,045,989,332    973,460
 LLP as Auditor
 9. To authorise the Audit
 Committee of the Board
 to determine the            1,045,830,010    99.97    174,578        0.02   1,046,004,588    958,204
 remuneration of the
 Auditor
 10. THAT the Directors’
 Remuneration Report
 for the year ended 31       942,357,727      90.11   103,353,756     9.88   1,045,711,483   1,251,308
 December 2018 be
 approved.
 11. THAT the rules of
 the Non-approved
                               921,553,232       88.12    124,137,821       11.87    1,045,691,053     1,272,738
 Executive Share Option
 Plan be approved
 12. THAT the Rules of
 the Company Share
                               921,902,513       88.27    122,445,750       11.72    1,044,348,263     2,614,528
 Option Plan be
 approved
 13. To authorise the
 Directors to allot the        693,248,882       66.37    351,110,094       33.62    1,044,358,976     2,603,816
 unissued share capital.
 14. To dis-apply the pre-
 emption provisions of
                               936,943,907       89.57    109,042,797       10.42    1,045,986,704      976,088
 section 561(1) of the
 Companies Act
 15. To authorise the
 Company to purchase
                               969,097,894       92.64     76,902,602       7.35     1,046,000,496      962,295
 its own shares (Special
 Resolution)
 16. That a general
 meeting other than and
 Annual General Meeting
                               975,980,781       93.3      70,014,683       6.69     1,045,995,464      967,328
 may be called on not
 less than 14 clear days'
 notice.


Resolution 13

The Board notes that although Resolution 13 passed with a majority of 66.37%, certain South African
institutional shareholders lodged significant proxy votes against this resolution. These votes are a
reflection of prevailing institutional voting guidelines in South Africa, which differ from those generally
applied in the UK regarding the subject of this resolution. The Board will take into account shareholder
views on this matter.



6 May 2019



JSE Sponsor:

Merrill Lynch South Africa (Pty) Limited

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