TIDMDLN
RNS Number : 3032I
Derwent London PLC
13 April 2022
For immediate release
Derwent London plc
(the "Company")
Notice of the 2022 Annual General Meeting ("AGM") and
publication of the 2021 Report & Accounts and the 2021
Responsibility Report
Notice of 2022 AGM and 2021 Report & Accounts
Derwent London plc announces that copies of the Notice of the
2022 AGM and 2021 Report & Accounts have been made available to
shareholders and can be viewed and downloaded on the Company's
website, www.derwentlondon.com .
Copies of these documents, together with the Form of Proxy for
the AGM, will be submitted to the National Storage Mechanism (via
the Electronic Submission System) shortly.
In accordance with Rule 4.1.14R of the Disclosure and
Transparency Rules, the Company has published its 2021 Report &
Accounts in eXtensible HyperText Mark-up Language (XHTML) and key
elements of its financial statements have been 'tagged' using
eXtensible Business Reporting Language (XBRL). This version of the
2021 Report & Accounts will also be submitted to the National
Storage Mechanism and is available on our website.
In accordance with Rule 4.1(3) of the Disclosure and
Transparency Rules, the Company published its annual results
announcement for the year ended 31 December 2021 on 24 February
2022.
2022 AGM
As set out in the Notice of the 2022 AGM, the Company's 38th AGM
will be held on 13 May 2022 at 10:30 am. The Directors look forward
to meeting with shareholders in-person this year.
We will provide audio facilities for our shareholders who are
unable to attend in-person, so that they may follow the proceedings
of the AGM remotely. To register for access to the audio
facilities, please visit our website. Registration for use of the
audio facilities, will close at 10.00 am on Friday 13 May 2022.
It would be helpful to the smooth running of the AGM, if
questions could be submitted to the Company Secretary, David
Lawler, at company.secretary@derwentlondon.com up to one day before
the commencement of the AGM.
2021 Responsibility Report
Derwent London plc announces that the 2021 Responsibility Report
was published on its website today and is available to be viewed
here, https://rr.derwentlondon.com
Enquiries:
D A Lawler
Company Secretary
13 April 2022
020 7659 3000
Notes to editors
Derwent London plc
Derwent London plc owns 81 buildings in a commercial real estate
portfolio predominantly in central London valued at GBP5.7 billion
as at 31 December 2021, making it the largest London-focused real
estate investment trust (REIT).
Our experienced team has a long track record of creating value
throughout the property cycle by regenerating our buildings via
development or refurbishment, effective asset management and
capital recycling.
We typically acquire central London properties off-market with
low capital values and modest rents in improving locations, most of
which are either in the West End or the Tech Belt. We capitalise on
the unique qualities of each of our properties - taking a fresh
approach to the regeneration of every building with a focus on
anticipating tenant requirements and an emphasis on design.
Reflecting and supporting our long-term success, the business
has a strong balance sheet with modest leverage, a robust income
stream and flexible financing.
As part of our commitment to lead the industry in mitigating
climate change, Derwent London has committed to becoming a net zero
carbon business by 2030, publishing its pathway to achieving this
goal in July 2020. In 2019 the Group became the first UK REIT to
sign a Revolving Credit Facility with a 'green' tranche. At the
same time, we also launched our Green Finance Framework and signed
the Better Buildings Partnership's climate change commitment. The
Group is a member of the 'RE100' which recognises Derwent London as
an influential company, committed to 100% renewable power by
purchasing renewable energy, a key step in becoming a net zero
carbon business. Derwent London is one of only a few property
companies worldwide to have science-based carbon targets validated
by the Science Based Targets initiative (SBTi).
Landmark buildings in our 5.6 million sq ft portfolio include 80
Charlotte Street W1, Brunel Building W2, White Collar Factory EC1,
Angel Building EC1, 1-2 Stephen Street W1, Horseferry House SW1 and
Tea Building E1.
In January 2022 we were proud to announce that we had achieved
the National Equality Standard - the UK's highest benchmark for
equality, diversity and inclusion. In October 2021 Derwent London
won EG's UK Company of the Year award and in January 2022 came top
of the Property Sector and 38th position overall in Management
Today's Britain's Most Admired Companies awards 2021. In 2020 the
Group won several awards for Brunel Building with the most
prominent being the BCO Best Commercial Workplace award. In 2019
the Group won EG Offices Company of the Year, the CoStar West End
Deal of the Year for Brunel Building and Westminster Business
Council's Best Achievement in Sustainability award. In 2013 the
Company launched a voluntary Community Fund and has to date
supported well over 100 community projects in the West End and the
Tech Belt.
The Company is a public limited company, which is listed on the
London Stock Exchange and incorporated and domiciled in the UK. The
address of its registered office is 25 Savile Row, London, W1S
2ER.
For further information see www.derwentlondon.com or follow us
on Twitter at @derwentlondon
Forward-looking statements
This document contains certain forward-looking statements about
the future outlook of Derwent London. By their nature, any
statements about future outlook involve risk and uncertainty
because they relate to events and depend on circumstances that may
or may not occur in the future. Actual results, performance or
outcomes may differ materially from any results, performance or
outcomes expressed or implied by such forward-looking
statements.
No representation or warranty is given in relation to any
forward-looking statements made by Derwent London, including as to
their completeness or accuracy. Derwent London does not undertake
to update any forward-looking statements whether as a result of new
information, future events or otherwise. Nothing in this
announcement should be construed as a profit forecast.
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