Business
Result of General Meeting
Result of General Meeting.
About this update from Safestore Holdings Plc
[{"type":"text","content":"\n\n \n \n 12 July 2023\n \nSafestore Holdings plc\n(\"Safestore\", \"the Company\" or \"the Group\")\n \nResult of General Meeting\n \n \n \nA General Meeting of Safestore Holdings plc was held at 3.00pm today at the Company's registered office in Borehamwood, Hertfordshire.\n \nAll resolutions were passed by the requisite majority by way of a poll.\n \nThe following votes were cast in respect of the resolutions:\n \n\n\n\n\n\n\n\nResolution\n\n\nVotes For\n\n\n%\n\n\nVotes Against\n\n\n%\n\n\n \n\n\nTotal Votes (excluding withheld)\n\n\n% of Issued Share Capital Voted\n\n\nVotes Withheld\n\n\n\n\n1\n\n\nTo approve the Directors' Remuneration Policy\n\n\n178,517,273\n\n\n97.40%\n\n\n4,769,130 \n\n\n2.60%\n\n\n\n\n\n \n \n \n183,286,403\n\n\n84.07%\n \n\n\n \n \n \n \n2,815,021\n\n\n\n\n2\n\n\nTo approve an amendment to the rules of the Safestore 2020 Long Term Incentive Plan\n \n\n\n182,078,063 \n\n\n98.90%\n\n\n2,026,864\n\n\n1.10%\n\n\n\n\n\n \n \n \n \n \n \n \n184,104,927\n\n\n84.44%\n\n\n \n \n \n \n \n \n1,996,497\n\n\n\n\n \nResolutions 1 and 2 were ordinary resolutions, requiring more than 50 per cent of shareholders' votes to be cast in favour of the resolutions.\n \nWhere shareholders appointed the Chairman of the meeting as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and their shares have been included in the \"votes for\" column.\n \nA \"vote withheld\" is not a vote in law and is not counted in the calculation of the percentages of votes cast for and against a resolution.\n \n \nCommenting on the result of the General Meeting David Hearn, Chairman of Safestore said:\n \n\"The Board takes the issue of the Company's Remuneration Policy and specifically executive remuneration very seriously. As a result, we conducted an extensive consultation programme with most of our major shareholders and Investor Bodies in advance of finalising these resolutions, and I would like to thank them for their engageme...