Result of Meeting

RNS Number : 9241R

Impact Healthcare REIT PLC

05 March 2019

 

5 March 2019

Impact Healthcare REIT plc

("Impact" or the "Company")

LEI: 213800AX3FHPMJL4IJ53

Result of General Meeting

Impact Healthcare REIT plc, announces that at the Company's General Meeting held today, all resolutions were passed on a show of hands and the results of the proxy votes received are set out below.

Resolutions 1 to 2 (inclusive) were proposed as ordinary resolutions and resolution 3 was proposed as a special resolution.

	Resolution	Votes For*	%	Votes Against	%	Total votes validly cast	Total votes cast as % of issued share capital	Vote Withheld **
1	To grant the Directors the authority to allot up to 200 million Ordinary Shares in connection with the Placing Programme	93,117,724	100	0	0	93,117,724	48.45%	0
2	To allow the Company to take advantage of the electronic communications rules in the Companies Act 2006 and the Disclosure Guidance and Transparency Rules	93,117,724	100	0	0	93,117,724	48.45%	0
3	To disapply pre-emption rights	92,481,624	99.32	636,100	0.68	93,117,724	48.45%	0

* 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.

Every shareholder has one vote for every Ordinary Share held. As at 4 February 2019, the share capital of the Company consisted of 192,206,831 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 http://www.morningstar.co.uk/uk/nsm 

Impact Healthcare REIT plc is a real estate investment trust ("REIT") which aims to provide shareholders with an attractive return, principally in the form of quarterly income distributions and with the potential for capital and income growth, through exposure to a diversified portfolio of UK healthcare real estate opportunities, in particular residential care homes. The Group's investment policy is to acquire, renovate, extend and redevelop high quality healthcare real estate assets in the UK and lease those assets primarily to healthcare operators providing residential healthcare services under full repairing and insuring leases.

The Group has now declared or paid seven quarterly dividends of 1.50 pence per share since IPO on 7 March 2017.

The Company will seek to grow the target 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.

The Company is listed on the premium listing segment of the Official List of the UK Financial Conduct Authority and was admitted to trading on the Main Market for listed securities of the London Stock Exchange in February 2019.

 

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