Result of AGM

RNS Number : 6719L

Custodian REIT PLC

20 July 2017

 

20 July 2017

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 10 were passed as ordinary resolutions and resolutions 11 to 13 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 financial year ended 31 March 2017.	82,559,586	99.87	110,500	0.13	0
2	To approve the directors' remuneration policy.	82,574,740	99.89	87,248	0.11	8,098
3	To approve the directors' remuneration report.	82,661,895	100.00	93	0.00	8,098
4	To re-elect Barry Gordon Gilbertson as a director.	82,670,086	100.00	0	0.00	0
5	To re-elect David Ian Hunter as a director.	72,952,190	88.24	9,717,896	11.76	0
6	To re-elect Ian Thomas Mattioli as a director.	82,476,122	99.77	193,964	0.23	0
7	To re-elect Matthew Wadman John Thorne as a director.	82,670,086	100.00	0	0.00	0
8	To re-appoint Deloitte LLP as auditor to the Company.	82,489,943	99.79	172,045	0.21	8,098
9	To authorise the directors to agree and fix the auditor's remuneration.	82,516,005	99.82	145,983	0.18	8,098
10	To grant the directors authority to allot ordinary shares in the capital of the Company.	82,413,631	99.69	256,455	0.31	0
SPECIAL RESOLUTIONS
11	To disapply statutory pre-emption rights on the allotment of ordinary shares in the capital of the Company.	64,294,170	77.77	18,375,916	22.23	0
12	To authorise the Company to make market purchases of ordinary shares of £0.01 each in the capital of the Company.	82,536,339	99.84	133,747	0.16	0
13	That a general meeting, other than an annual general meeting, may be called on not less than 14 clear days' notice.	81,962,912	99.14	707,174	0.86	0

*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 [e-mail] 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, 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 properties with individual values of less than £10 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 sub £10 million lot size, regional 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. 

 

END

 

 

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