Result of Annual General Meeting

RNS Number : 3388A

Irish Residential Prop REIT PLC

28 May 2019

 

28 May 2019

Result of Annual General Meeting

Irish Residential Properties REIT plc ("I•RES" or the "Company") announces that at its Annual General Meeting held today, 28 May 2019, at The Shelbourne Hotel, 27 St. Stephen's Green, Dublin 2, Ireland, all of the resolutions put to the shareholders at the Annual General Meeting were passed on a show of hands at the meeting.

The full text of each resolution, together with explanatory notes, was included in the Notice of Annual General Meeting circulated to shareholders on 15 April 2019 and made available on the Company's website at www.iresreit.ie.

The results of the proxy votes received in advance of the meeting are reported below:

No	Resolution	In Favour	Against	Vote withheld*
1	To receive and consider the financial statements for the year ended 31 December 2018 and the reports of the  Directors and the Auditors thereon	231,990,823	0	240,423
2	To elect Mark Kenney as a Director	204,446,172	445,614	27,339,460
3 (a)	To re-elect Phillip Burns as a Director	203,307,700	1,584,086	27,339,460
3 (b)	To re-elect Joan Garahy as a Director	231,908,372	322,874	0
3 (c)	To re-elect Tom Kavanagh as a Director	232,054,531	176,715	0
3 (d)	To re-elect Declan Moylan as a Director	231,776,787	454,459	0
3 (e)	To re-elect Aidan O'Hogan as a Director	231,908,372	322,874	0
3 (f)	To re-elect Margaret Sweeney as a Director	231,838,883	392,363	0
4	Authority to call a general meeting on 14 clear days' notice	212,768,088	19,463,158	0
5	Authority to fix the remuneration of the Auditors in respect of the period expiring at the next Annual General Meeting of the Company	232,231,246	0	0
6	Authority to allot relevant securities up to specified limits	216,919,295	15,311,951	0
7(a)	Authority to disapply pre-emption rights in specified circumstances	232,214,246	17,000	0
7(b)	Additional authority to disapply pre-emption rights for an acquisition or other specified capital investment	232,214,246	17,000	0
8	Authority to make market purchases of the Company's own shares	232,193,422	22,981	14,843
9	Authority to re-allot treasury shares at a specified price range	204,828,142	27,388,261	14,843

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

In accordance with the Listing Rules of Euronext Dublin, copies of the resolutions passed at the Annual General Meeting relating to special business of the Company have been forwarded to Euronext Dublin and will shortly be available for inspection at the following address:
 

Companies Announcement Office

Euronext Dublin

28 Anglesea Street

Dublin 2

Ireland

Tel: [phone]

For further information please contact:

For Investor Relations:

Irish Residential Properties REIT plc

Margaret Sweeney, Chief Executive Officer

+ 353 (0) 1 557 0974

For Media Requests:

Q4PR

Gerry O'Sullivan

+ 353 87 2597644

About Irish Residential Properties REIT plc

Irish Residential Properties REIT plc, is a leading Irish Real Estate Investment Trust ("REIT") listed on Euronext Dublin. The Company is the first REIT established in Ireland primarily focused on residential rental accommodations. The Company will continue to seek to acquire, hold, manage and develop investments primarily focused on residential rental accommodations in Ireland.  The Company currently owns 2732 residential units with a further 337 residential units due for delivery by 2021 under pre-purchase contracts.  Further information in respect of the Company can be obtained from the Company's website at www.iresreit.ie.

Note on forward-looking information

This note applies if and to the extent that there are forward-looking statements in this Announcement.

This Announcement may contain forward-looking statements, which are subject to risks and uncertainties because they relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts.   Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company or the industry in which it operates, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  The forward-looking statements referred to in this paragraph speak only as at the date of this Announcement.  The Company will not undertake any obligation to release publicly any revision or updates to these forward-looking statements to reflect future events, circumstances, unanticipated events, new information or otherwise except as required by law or by any appropriate regulatory authority.

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

 

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