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 uk.nsm@morningstar.com 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: +44 (0)116 240 8740

 

www.custodiancapital.com

 

Numis Securities Limited

 

Nathan Brown / Hugh Jonathan

Tel: +44 (0)20 7260 1000

 

www.numiscorp.com

 

Camarco

 

 

Ed Gascoigne-Pees

Tel: +44 (0)20 3757 4984

 

 

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


This information is provided by RNS
The company news service from the London Stock Exchange
 
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