Results of Annual General Meeting

Custodian REIT plc (CREI)
Custodian REIT plc : Results of Annual General Meeting

25-Aug-2021 / 16:02 GMT/BST
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25 August 2021

Custodian REIT plc

 

("Custodian REIT" or "the Company")

 

Results of Annual General Meeting

 

Custodian REIT (LSE: CREI), the UK commercial real estate investment company, is pleased to announce that following the Annual General Meeting of the Company held earlier today, all resolutions were approved on a poll.  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 2021

97,900,810

100

0

0

252,245

2

To approve the directors' remuneration report for the year ended 31 March 2021

97,764,095

99.99

6,753

0.01

382,207

3

THAT annual Directors' remuneration paid in 2020 and 2021 in excess of the £175,000 aggregate remuneration limit be confirmed, ratified and approved

98,080,232

99.99

253

0.01

72,570

4

To elect Chris Ireland as a director

98,153,055

100

0

0

0

5

To elect Elizabeth McMeikan as a director

97,982,550

99.83

170,505

0.17

0

6

To re-elect Hazel Adam as a director

97,422,856

99.26

730,199

0.74

0

7

To re-elect David Ian Hunter as a director

77,927,130

79.39

20,225,925

20.61

0

8

To re-elect Ian Thomas Mattioli as a director

81,118,074

82.64

17,034,981

17.36

0

9

To re-elect Matthew Wadman John Thorne as a director

97,422,881

99.26

730,174

0.74

0

10

To re-appoint Deloitte LLP as auditor to the Company

98,153,055

100

0

0

0

11

To authorise the directors to agree and fix the auditor's remuneration

98,153,055

100

0

0

0

12

To grant the directors authority to allot ordinary shares in the capital of the Company

95,894,490

97.7

2,258,565

2.3

0

SPECIAL RESOLUTIONS

13

To disapply statutory pre-emption rights on the allotment of ordinary shares in the capital of the Company

87,871,616

89.53

10,281,439

10.47

0

14

To further disapply the statutory pre-emption rights on the allotment of Ordinary Shares

84,629,886

86.56

13,145,761

13.44

377,408

15

To authorise the Company to make market purchases of ordinary shares of £0.01 each in the capital of the Company

98,085,519

99.99

200

0.01

67,336

16

That a general meeting, other than an annual general meeting, may be called on not less than 14 clear days' notice

91,502,718

93.22

6,650,337

6.78

0

17

That the Articles produced to the meeting be adopted in substitution for, and to the exclusion of, the existing Articles of the Company

95,152,109

96.94

3,000,946

3.06

0

 

*NB: The percentage of votes cast for and against excludes withheld votes.

 

The votes received against resolution 7 to re-elect David Hunter as a Director of the Company comprised 4.8% of shareholders and were predominantly made by indices. UK proxy voting agencies supported the resolution but, where possible, the Investment Manager will continue to seek feedback on the underlying issues through regular engagement with shareholders.

 

The Company confirms that copies of all resolutions passed at the Annual General Meeting will be submitted to the National Storage Mechanism (NSM) at marketoversight.fca.org.uk and will shortly be available for viewing.

 

- Ends -

 

 

For further information, please contact:

 

Custodian Capital Limited

 

Richard Shepherd-Cross / Ed Moore / Ian Mattioli MBE

Tel: +44 (0)116 240 8740

 

www.custodiancapital.com

 

Numis Securities Limited

 

Hugh Jonathan/Nathan Brown

Tel: +44 (0)20 7260 1000

 

www.numiscorp.com

 

Camarco

 

Ed Gascoigne-Pees

Tel: +44 (0)20 3757 4984

 

www.camarco.co.uk

 



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.: 120779
EQS News ID: 1228928

 
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