Custodian REIT plc : Results of Annual General ...

Custodian REIT plc (CREI) Custodian REIT plc : Results of Annual General Meeting 19-Jul-2018 / 15:51 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.     19 July 2018 Custodian REIT plc   ("Custodian REIT" or "the Company")   Results of Annual General Meeting   Custodian REIT (LSE: CREI), the UK commercial real estate investment company, announces that at the Annual General Meeting of the Company held earlier today, resolutions 1 to 10 were passed as ordinary resolutions, and resolutions 11, 13 and 14 were passed as special resolutions.   Resolution 12, relating to the further disapplication of pre-emption rights, in certain circumstances, did not receive the required 75% of votes cast in favour, so was not passed. The resolution failed despite the fact that the votes cast against the resolution represented just 7.44% of the Company's total voting rights. The Board recognises that the authority sought was higher than the level recommended by best practice in accordance with the Pre-emption Group's Statement of Principles on Disapplying Pre-emption Rights. The Directors believe, however, that a larger authority is justified to continue the Company's programme of tap issuance to enable it to fund future acquisitions, and so will take steps to further engage with shareholders on this matter.   As at 19 July 2018, the total number of voting rights in the Company was 386,853,344.  All resolutions were voted on via a poll, and a summary of the results of the poll are set out below:     Resolution Votes for % of votes cast Votes against % of votes cast Votes withheld* ORDINARY RESOLUTIONS 1 To receive and adopt the Company's report and accounts for the financial year ended 31 March 2018 54,300,249 99.19 443,358 0.81 13,670 2 To approve the directors' remuneration report for the period 31 March 2018 54,743,608 99.98 13,670 0.02 0 3 To re-elect Barry Gordon Gilbertson as a director 54,757,278 100.00 0 0.00 0 4 To re-elect David Ian Hunter as a director 52,294,208 95.50 2,463,069 4.50 0 5 To re-elect Ian Thomas Mattioli as a director 44,014,211 80.38 10,743,066 19.62 0 6 To re-elect Matthew Wadman John Thorne as a director 54,757,278 100.00 0 0.00 0 7 To re-appoint Deloitte LLP as auditor to the Company 54,139,147 98.87 618,130 1.13 0 8 To authorise the directors to agree and fix the auditor's remuneration 54,757,278 100.00 0 0.00 0 9 To grant the directors authority to allot ordinary shares in the capital of the Company 54,723,797 99.99 4,608 0.01 28,873 10 To receive and adopt the amended investment policy effective from 19 July 2018 54,728,405 100.00 0 0.00 28,873 SPECIAL RESOLUTIONS 11 To disapply statutory pre-emption rights on the allotment of ordinary shares in the capital of the Company 54,485,051 99.57 237,782 0.43 34,445 12 To further disapply the statutory pre-emption rights on the allotment of Ordinary Shares 28,768,203 52.57 25,954,630 47.43 34,445 13 To authorise the Company to make market purchases of ordinary shares of £0.01 each in the capital of the Company 54,731,898 99.99 4,608 0.01 20,775 14 That a general meeting, other than an annual general meeting, may be called on not less than 14 clear days' notice 53,865,198 98.41 871,305 1.59 20,775   *NB: The percentage of votes cast for and against excludes withheld votes.   The Company confirms that copies of all resolutions passed at the Annual General Meeting will be submitted to the National Storage Mechanism (NSM) at http://www.morningstar.co.uk/uk/NSM and will shortly be available for viewing.   - Ends -      For further information, please contact:   Custodian Capital Limited   Richard Shepherd-Cross / Nathan Imlach / Ian Mattioli MBE Tel: [phone]   www.custodiancapital.com   Numis Securities Limited   Nathan Brown / Hugh Jonathan Tel: [phone]   www.numiscorp.com   Camarco   Ed Gascoigne-Pees Tel: [phone]   www.camarco.co.uk   Notes to Editors   Custodian REIT plc is a UK real estate investment trust with a portfolio comprising properties predominantly let to institutional grade tenants throughout the UK, principally characterised by properties with individual values of less than £10m at acquisition.   The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund.  By principally targeting sub £10m lot size regional properties, the Company intends to provide investors with an attractive level of income and the potential for capital growth, becoming the REIT of choice for private and institutional investors seeking high and stable dividends from well-diversified UK real estate.    Custodian Capital Limited is the discretionary investment manager of the Company.    For more information visit www.custodianreit.com and www.custodiancapital.com.Â

ISIN:	GB00BJFLFT45
Category Code:	RAG
TIDM:	CREI
LEI Code:	2138001BOD1J5XK1CX76
OAM Categories:	3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:	5767
EQS News ID:	706449

Â
End of Announcement	EQS News Service