Result of AGM

RNS Number : 0224M

Schroder Real Estate Inv Trst Ld

11 September 2012

 



Schroder Real Estate Investment Trust Limited

(a closed-ended investment company incorporated in Guernsey with registration number 41959)

("the Company")

11 September 2012

RESULT OF ANNUAL GENERAL MEETING

At the Annual General Meeting (the "AGM") of the Company held on 11 September 2012 at 10.00am, all Ordinary Resolutions set out in the AGM Notice sent to shareholders were duly passed, including the following Special Resolution;

That, pursuant to Article 13.1 of the Company's Articles of Incorporation the Directors of the Company be and are hereby empowered to allot equity securities (as defined in the Company's Articles of Incorporation) of the Company for cash and to sell equity securities which are held by the Company in treasury for cash as if the pre-emption provisions contained under Article 13.2 of the Articles of Incorporation did not apply to any such allotments and sales provided that this power shall be limited to the allotment and sales of equity securities:

a)       up to an amount of 35,592,128 ordinary shares, or such other number of ordinary shares being equal to 10% of the ordinary shares in issue on 11 September 2012;

b)       at a price of not less than the net asset value per share as close as practicable to the allotment or sale; and

c)       such power shall expire on the earlier of the Annual General Meeting of the Company in 2013 or on the expiry of 15 months from the passing of this Special Resolution, except that the Company may before such expiry make offers or agreements which would or might require equity securities to be allotted or sold after such expiry and notwithstanding such expiry the Directors may allot or sell equity securities in pursuance of such offers or agreements as if the power conferred hereby had not expired.

A copy of the Special Resolution has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited

The Company Secretary

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

Tel:       [phone]

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