Business
Result of General Meeting
Result of General Meeting.
About this update from Workspace Group Plc
[{"type":"text","content":"\n RNS Number : 2943N Workspace Group PLC 13 February 2009 \n \nTHIS ANNOUNCEMENT (THE 'ANNOUNCEMENT') IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.\n\n13 February 2009 \n\nWorkspace Group PLC\n('Workspace')\n\nResult of General Meeting\n\nWorkspace announces that all of the following resolutions put forward at today's General Meeting were passed:\n\nResolution 1: - Authority to offer shareholders a scrip dividend \n\nResolution 2: - Increase of authorised share capital and authority to allot shares pursuant to the Rights Issue\n76,016,606 shares were voted in favour of Resolution 1, representing 99.96 per cent. of the votes cast and 43.6 per cent. of total voting capital. \n73,645,840 shares were voted in favour of Resolution 2, representing 97.13 per cent. of the votes cast and 42.2 per cent. of total voting capital. \nWorkspace General Meeting Result:*\n\n\n\n\n\n\n\nFor\n\n\nAgainst\n\n\nWithheld**\n\n\n\n\nResolution 1\n\n\n\n76,016,606\n\n\n27,490\n\n\n 1,000\n\n\n\n\nResolution 2\n\n\n\n73,645,840\n\n\n 2,178,934\n\n\n 220,322\n\n\n\n\n\n* All resolutions were carried on a show of hands.\n** A vote withheld is not a vote in law and is not counted in the calculations of the proportion of votes cast 'for' and 'against' a resolution.\n\nResolution 1 gives authority to the Directors to offer Shareholders, at their option, the opportunity to receive their dividends in shares as an alternative to receiving dividends in cash. As stated in the combined circular and prospectus dated 28 January 2009 (the 'Prospectus'), the Directors will not propose the payment of a scrip dividend without consideration of the tax implications for the Company, particularly in light of its REIT status and the requirement to pay UK profits from its qualifying rental businesses by way of a property ...