Result of 2022 Annual General Meeting

RNS Number : 1694L

Impact Healthcare REIT PLC

11 May 2022

 

11 May 2022

Impact Healthcare REIT plc

("Impact" or the "Company")

Result of 2022 Annual General Meeting

The Board of Impact Healthcare REIT plc (ticker: IHR), the real estate investment trust which gives investors exposure to a diversified portfolio of UK healthcare real estate assets, in particular care homes, announces that at the Company's 2022 Annual General Meeting held today, all resolutions proposed at the AGM were voted on and passed by a poll by the Company's shareholders and the results of the poll, including the proxy votes received, are set out below.

Resolutions 1 to 13 (inclusive) were proposed as ordinary resolutions and resolutions 14 to 17 (inclusive) were proposed as special resolutions.

	Resolution	Votes For*	%	Votes Against	%	Total votes validly cast	Total votes cast as % of issued share capital	Votes Withheld **
1	Receive the Annual Report and Financial Statements Year 31 December 2021	251,573,238	100.00	7,221	0.00	251,580,459	65.22	59,516
2	Approve the directors' remuneration report	251,323,630	99.92	209,371	0.08	251,533,001	65.21	106,974
3	Approve the Company's Dividend Policy	251,628,018	100.00	7,284	0.00	251,635,302	65.24	4,673
4	Re-elect Rupert Barclay as a director	230,507,309	91.60	21,126,208	8.42	251,633,517	65.24	6,458
5	Re-elect Rosemary Boot as a director	250,763,972	99.65	875,126	0.35	251,639,098	65.24	877
6	Re-elect Philip Hall as a director	250,784,041	99.66	855,057	0.34	251,639,098	65.24	877
7	Re-elect Amanda Aldridge as a director	250,592,707	99.59	1,043,896	0.42	251,636,603	65.24	3,372
8	Re-elect Paul Craig as a director	251,441,260	99.92	197,838	0.08	251,639,098	65.24	877
9	Elect Chris Santer as a director	250,778,612	99.66	854,905	0.34	251,633,517	65.24	6,458
10	To re-appoint BDO LLP as the Company's auditor	246,553,042	99.97	82,684	0.03	246,635,726	63.94	5,004,249
11	To authorise the board of directors to determine the auditors remuneration	251,629,319	100.00	7,284	0.00	251,636,603	65.24	3,372
12	To authorise the Directors to allot shares under section 551 Companies Act 2006	251,611,445	99.99	14,388	0.01	251,625,833	65.23	14,142
13	Subject to the passing of resolution 12, to authorise the Directors to allot additional shares under section 551 Companies Act 2006	251,611,445	99.99	19,969	0.01	251,631,414	65.23	8,561
14	Subject to the passing of resolution 12, to disapply statutory pre-emption rights under section 570 Companies Act 2006	251,282,594	99.86	347,943	0.14	251,630,537	65.23	9,438
15	Subject to the passing of resolution 13, to disapply statutory pre-emption rights under section 570 Companies Act 2006	243,834,977	96.90	7,796,437	3.11	251,631,414	65.23	8,561
16	To authorise the Company to make market purchase of its own ordinary shares	245,402,154	97.54	6,191,222	2.47	251,593,376	65.22	46,599
17	To permit general meetings to be called on 14 days' notice	248,281,004	98.67	3,344,829	1.33	251,625,833	65.23	14,142

Every shareholder has one vote for every Ordinary Share held. As at close of business on 11 May 2022, the share capital of the Company consisted of 385,731,908 Ordinary Shares with voting rights. The Company does not hold any shares in Treasury.

In accordance with Listing Rule 9.6.2, copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

* Includes discretionary votes.

** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Impact Health Partners LLP Mahesh Patel Andrew Cowley	via Maitland/AMO
JTC (UK) Limited - Company Secretary Christopher Gibbons	0203 846 9774 [e-mail]
Maitland/AMO (Communications Adviser) James Benjamin	07747 113 930 i mpact [e-mail]

The Company's LEI is 213800AX3FHPMJL4IJ53.

NOTES

Impact Healthcare REIT plc acquires, renovates, extends and redevelops high quality healthcare real estate assets in the UK and lets these assets on long-term full repairing and insuring leases to high-quality established healthcare operators which offer good quality care, under leases which provide the Company with attractive levels of rent cover .

The Company aims to provide shareholders with an attractive sustainable return, principally in the form of quarterly income distributions and with the potential for capital and income growth, through exposure to a diversified and resilient portfolio of UK healthcare real estate assets, in particular care homes for the elderly.

The Company has a progressive dividend policy with a target to grow its annual aggregate dividend in line with the inflation-linked rental uplifts received by the Group under the terms of the rent review provisions contained in the Group's leases in the prior financial year.

On this basis, the target total dividend for the year ending 31 December 2022 is 6.54 pence per share ¹ , a 2.0% increase over the 6.41 pence in dividends paid or declared per ordinary share for the year ended 31 December 2021.

The Group's Ordinary Shares were admitted to trading on the main market of the London Stock Exchange, premium segment, on 8 February 2019. The Company is a constituent of the FTSE EPRA/NAREIT index.

1  This is a target only and not a profit forecast. There can be no assurance that the target will be met and it should not be taken as an indicator of the Company's expected or actual results.

 

END

 

 

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