30 December 2021
Town Centre Securities PLC
(The 'Group' or the 'Company')
Results of the AGM
The Directors of Town Centre Securities are pleased to announce that at its Annual General Meeting held on Wednesday 29 December 2021, all of the proposed resolutions as set out in the Notice of Annual General Meeting were passed on a poll of votes. Total votes received from shareholders by the Company either in advance of or as voted for at the meeting, were as set out below:
| Resolution | Votes for | % | Votes against | % | | Total shares for and against | % of total voting rights * | | Votes withheld ** | |
| 1 | Receive and adopt the financial statements for the financial year ended 30 June 2021 | 28,293,133 | 100.00% | 0 | 0.00% | | 28,293,133 | 53.61% | | 3,182 |
| 2 | Approve the Directors' Remuneration Report (excluding Directors' Remuneration Policy) for the financial year ended 30 June 2021 | 27,041,058 | 99.21% | 215,818 | 0.79% | | 27,256,876 | 51.65% | | 1,039,439 |
| 3 | Approve the Directors' Remuneration Policy | 27,041,058 | 95.57% | 1,253,498 | 4.43% | | 28,294,556 | 53.61% | | 1,759 |
| 4 | Declare the final cash dividend recommended by the Board | 28,293,233 | 100.00% | 0 | 0.00% | | 28,293,233 | 53.61% | | 3,082 |
| 5 | Elect M Ziff as a non-executive Director | 27,225,880 | 96.24% | 1,064,848 | 3.76% | | 28,290,728 | 53.61% | | 3,182 |
| 6 | Elect I Marcus as a non-executive Director | 27,055,148 | 99.27% | 198,000 | 0.73% | | 27,253,148 | 51.64% | | 1,040,762 |
| 7 | Elect P Huberman as a non-executive Director | 28,290,728 | 100.00% | 0 | 0.00% | | 28,290,728 | 53.61% | | 3,182 |
| 8 | Elect J Collins as a non-executive Director | 28,290,728 | 100.00% | 0 | 0.00% | | 28,290,728 | 53.61% | | 3,182 |
| 9 | Elect E Ziff as an executive Director | 27,253,148 | 96.33% | 1,037,580 | 3.67% | | 28,290,728 | 53.61% | | 3,182 |
| 10 | Elect B Ziff as an executive Director | 28,290,614 | 100.00% | 114 | 0.00% | | 28,290,728 | 53.61% | | 3,182 |
| 11 | Elect S MacNeill as an executive Director | 28,290,728 | 100.00% | 0 | 0.00% | | 28,290,728 | 53.61% | | 3,182 |
| 12 | Re-appoint BDO as auditors of the Company | 27,234,053 | 99.92% | 21,600 | 0.08% | | 27,255,653 | 51.65% | | 1,040,662 |
| 13 | Authorise the Directors to determine the remuneration of the auditor | 28,293,133 | 100.00% | 100 | 0.00% | | 28,293,233 | 53.61% | | 3,082 |
| 14 | Authorise the Directors to make political donations | 28,092,805 | 99.89% | 30,428 | 0.11% | | 28,123,233 | 53.29% | | 173,082 |
| 15 | Authorise the Board to allot shares | 27,063,039 | 99.29% | 192,614 | 0.71% | | 27,255,653 | 51.65% | | 1,040,662 |
| 16 | Authorise the Board to Disapply Pre-emption Rights | 28,095,796 | 99.30% | 197,437 | 0.70% | | 28,293,233 | 53.61% | | 3,082 |
| 17 | Authorise the Directors to disapply pre-emption rights for purposes of acquisitions or capital investments | 27,058,894 | 95.64% | 1,234,339 | 4.36% | | 28,293,233 | 53.61% | | 3,082 |
| 18 | Authorise the Company to purchase own shares | 27,233,604 | 96.25% | 1,059,629 | 3.75% | | 28,293,233 | 53.61% | | 3,082 |
| 19 | Authorise the convening of general meetings on 14 clear days' notice | 28,093,416 | 99.89% | 29,817 | 0.11% | | 28,123,233 | 53.29% | | 173,082 |
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| Resolutions 6, 7 and 8 - Excluding controlling shareholder votes | | | | | | |||||
| Resolution | Votes for | % | Votes against | % | | Total shares for and against | % of total voting rights * | | Votes withheld ** | |
| 6 | Elect I Marcus as a non-executive Director | 840,730 | 80.94% | 198,000 | 19.06% | | 1,038,730 | 1.97% | | 1,040,762 |
| 7 | Elect P Huberman as a non-executive Director | 2,076,310 | 100.00% | 0 | 0.00% | | 2,076,310 | 3.93% | | 3,182 |
| 8 | Elect J Collins as a non-executive Director | 2,076,310 | 100.00% | 0 | 0.00% | | 2,076,310 | 3.93% | | 3,182 |
| | | | | | | | | | | |
| * As at the date of the Annual General Meeting, the total number of shares with voting rights in the Company is 52,774,977 | ||||||||||
| ** A 'vote withheld' is not a vote in law and cannot be counted in the calculation of the votes for and against a resolution | ||||||||||
Notice of half year results
The Company intends to announce its half year results for the six months ending 31 December 2021 during March 2022. A further announcement will be made to shareholders when a specific date is confirmed.
ENDS
For further information, please contact:
Town Centre Securities PLC www.tcs-plc.co.uk / @TCS PLC
Edward Ziff, Chairman and Chief Executive 0113 222 1234
Stewart MacNeill, Group Finance Director
MHP Communications 020 3128 8572
Reg Hoare / Florence Mayo tcs@mhpc.com
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