Results of Annual General Meeting

RNS Number : 3008F

Custodian REIT PLC

26 July 2016

 

26 July 2016

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 financial year ended 31 March 2016.	64,103,768	99.96%	24,716	0.04%	0
2	To approve the directors' remuneration report.	62,617,334	98.34%	1,057,467	1.66%	453,683
3a	To re-elect Barry Gordon Gilbertson as a director.	63,768,198	100.00%	0	0.00%	360,286
3b	To re-elect Matthew Wadman John Thorne as a director.	63,743,482	99.96%	24,716	0.04%	360,286
3c	To re-elect David Ian Hunter as a director.	63,768,198	100.00%	0	0.00%	360,286
3d	To re-elect Ian Thomas Mattioli as a director.	64,085,148	99.93%	43,336	0.07%	0
4	To re-appoint Deloitte LLP as auditor to the Company until the conclusion of the next annual general meeting of the Company.	63,912,392	99.96%	24,716	0.04%	191,376
5	To authorise the directors to agree and fix the Company's auditor's remuneration.	63,937,108	100.00%	0	0.00%	191,376
6	To grant the directors authority to allot ordinary shares in the capital of the Company	59,076,785	92.40%	4,860,323	7.60%	191,376
SPECIAL RESOLUTIONS
7	To disapply statutory pre-emption rights on the allotment of ordinary shares in the capital of the Company.	57,348,332	90.27%	6,182,694	9.73%	597,458
8	To authorise the Company to make market purchases of ordinary shares of £0.01 each in the capital of the Company.	63,634,451	99.79%	133,747	0.21%	360,286
9	That a general meeting, other than an annual general meeting, may be called on not less than 14 clear days' notice.	63,795,666	99.55%	287,022	0.45%	45,796
10	That the Company's Investment Policy be amended to increase the maximum target lot size to £10,000,000.	63,327,277	99.34%	423,679	0.66%	377,528

*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	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 small lot sizes, with individual property 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 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. 

 

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