Result of AGM

RNS Number : 8102T
Custodian REIT PLC
22 July 2015
 

 

 

22 July 2015

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. Resolutions 1 to 6 were passed as ordinary resolutions and resolutions 7 to 10 were passed as special resolutions. 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 period from 25 March 2014 to 31 March 2015.

39,209,967

100.00%

0

0.00%

0

2

To approve the directors' remuneration report.

39,199,899

99.97%

10,068

0.03%

0

3a

To re-elect David Ian Hunter as a director.

39,209,967

100.00%

0

0.00%

0

3b

To re-elect Ian Thomas Mattioli as a director.

39,209,967

100.00%

0

0.00%

0

4

To re-appoint Deloitte LLP as auditor to the Company.

39,209,967

100.00%

0

0.00%

0

5

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

39,209,967

100.00%

0

0.00%

0

6

To grant the directors authority to allot ordinary shares of £0.01 each in the capital of the Company.

35,237,081

89.87%

3,972,886

10.13%

0

SPECIAL RESOLUTIONS

7

To disapply statutory pre-emption rights on the allotment of ordinary shares of £0.01 each in the capital of the Company.

34,499,006

87.99%

4,710,961

12.01%

0

8

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

38,688,566

98.67%

521,401

1.33%

0

9

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

38,433,893

99.35%

249,673

0.65%

521,401

10

That the share premium account standing in the books of account of the Company at the date of the Annual General Meeting of the Company, being 22 July 2015, be cancelled.

39,172,087

100.00%

0

0.00%

32,880

 

*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 uk.nsm@morningstar.com and will shortly be available for viewing.

 

- Ends -

 

For further information, please contact:

 

Custodian Capital Limited


Richard Shepherd-Cross / Nathan Imlach / Ian Mattioli

Tel: +44 (0)116 240 8740


www.custodiancapital.com

 

Numis Securities Limited


Nathan Brown / Hugh Jonathan

Tel: +44 (0)20 7260 1000


www.numiscorp.com

 

Camarco


Ed Gascoigne-Pees

Tel: +44 (0)20 3757 4984


www.camarco.co.uk

 

Notes to Editors

 

Custodian REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014.  Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is characterised by small lot sizes, with individual property values of less than £7.5 million at acquisition. 

 

The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund.  By targeting smaller lot size properties, the Company intends to provide investors with an attractive level of income with the potential for capital growth. 

 

Custodian Capital Limited is the discretionary investment manager of the Company. 

 

For more information visit www.custodianreit.com and www.custodiancapital.com. 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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