Result of EGM

RNS Number : 4286N

Irish Residential Prop REIT PLC

29 January 2021

 

29 January 2021

Result of Extraordinary General Meeting

Irish Residential Properties REIT plc (the "Company") announces that at its Extraordinary General Meeting held today, 29 January 2021, at the Company's registered office at South Dock House, Hanover Quay, Dublin 2, D02 XW94, Ireland (the "EGM"), all of the resolutions put to the shareholders at the EGM were passed.  

The full text of each of those resolution can be found in the Notice of Extraordinary General Meeting, which was included in the circular issued to shareholders on 4 January 2021 (the "Circular") and made available on the Company's website at https://investorrelations.iresreit.ie/.

Voting on all resolutions at the EGM was conducted by poll and the results are set out below.

No	Resolution	Votes For	Votes Against	Total Votes	Votes Withheld
1	To approve the Company giving its consent to the Migration of the Migrating Shares to Euroclear Bank's central securities depository.	356,198,635 (100%)	0 (0%)	356,198,635	0
2	To amend and adopt the Articles of Association of the Company.	356,198,635 (100%)	0 (0%)	356,198,635	0
3	To authorise the Company to take all actions to implement the Migration and to appoint any persons as attorney or agent for the holders of the Migrating Shares.	356,198,635 (100%)	0 (0%)	356,198,635	0

Notes:

(1) Resolutions 1 and 2 were passed as special resolutions and resolution 3 was passed as an ordinary resolution.

(2) Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld) and have been rounded to two decimal places.

(3) A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for or against a resolution, or total votes shown .

(4) The "For" votes include those exercised by way of proxy giving the Chairman of the EGM discretion.

The total number of ordinary shares in issue as at 6 p.m. on 28 January 2021 was 525,078,946.

In accordance with the Listing Rules of Euronext Dublin, a copy of the resolutions passed at the EGM will be submitted shortly to Euronext Dublin and will shortly be available for inspection at the following address:

Company Announcement Office

The Irish Stock Exchange plc t/a Euronext Dublin

28 Anglesea Street, Dublin 2, Ireland

For further information please contact:

For Investor Relations:

Irish Residential Properties REIT plc 

Sarah Stokes, Investor Relations                                                                           Tel: [phone]

Margaret Sweeney, Chief Executive Officer   Tel: [phone]

For Media Requests:

Q4PR

Gerry O'Sullivan                                                                                                          Tel: + 353 (0) 87 259 7644

About Irish Residential Properties REIT plc

Irish Residential Properties REIT plc, together with IRES Residential Properties Limited, (the "Group") is a growth oriented Real Estate Investment Trust that is focused on acquiring, holding, managing and developing investments primarily focused on private residential rental accommodations in Ireland. The Group currently owns 3,834 apartments and houses for private rental in Dublin and Cork with an additional 69 units due for delivery between now and the end of H1 2022 under pre-purchase contracts. The Company has a further 61 units currently under construction directly on owned sites with planning approval to develop an additional 543 residential units on its existing sites. The Company's shares are listed on Euronext Dublin. Further information in respect of the Company can be obtained from the Company's website at www.iresreit.ie.

Important information

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

Announcements relating to the EGM 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 (including Migration) or trends, and similar expressions concerning matters that are not historical facts and many of which are outside the Company's control and difficult to predict (certain of which are set out in the Circular with respect to Migration).  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.  Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date they are given and are subject to change without notice.  Except as required by law or by any appropriate regulatory authority, 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 including in respect of the Covid-19 pandemic, the uncertainty of its duration and impact, and any government regulations or legislation in relation to it. 

The defined terms set out in Part 9 of the Circular have the same meaning where used in this Announcement and are not otherwise defined herein.

 

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