Result of General Meeting

Urban Logistics REIT PLC
11 May 2023
 

11 May 2023

 

 

 

Urban Logistics REIT plc

 

("Urban Logistics" or the "Company")

 

Result of General Meeting

 

The board of Directors of Urban Logistics (LON: SHED), the specialist UK logistics REIT, is pleased to announce that at the General Meeting of the Company held earlier today the resolution was duly passed.

 

The results of the poll, including the proxy voting, are as follows:

 

 

Resolution

For

%

Against

%

Votes cast

% of shares voted1

Withheld2

1

Appointment of Investment Adviser

268,514,915

    89.16

32,647,610

10.84

301,162,525

63.81

19,174

 

1 The number of ordinary shares in issue is 471,975,411 with each share carrying the right to one vote.

 

2 A vote withheld is not a vote in law and is not counted in the calculation of the percentage of votes for or against a resolution.

 

 

- Ends -

 

Urban Logistics REIT plc

Nigel Rich

 

+44 (0)20 7591 1600

Buchanan

Helen Tarbet

Simon Compton

George Beale          

 

+44 (0)20 7466 5000

+44 (0) 7872 604453

+44 (0) 7979 497324

+44 (0) 7450 295099

Singer Capital Markets - Joint Broker

James Maxwell / Alaina Wong / Oliver Platts (Banking)

Alan Geeves / James Waterlow / Sam Greatrex (Markets)

 

+44 (0)20 7496 3000

Panmure Gordon (UK) Limited - Joint Broker

David Watkins (Corporate Broking)

Emma Earl (Corporate Finance)

 

+44 (0)20 7886 2500

 

 

 

About Urban Logistics REIT

Urban Logistics REIT plc (LON: SHED) is a FTSE 250 property investment company. The Company is the only London-listed REIT to focus on specialist last mile / last touch logistics assets, with a tenant base which delivers essential goods within the UK. The Company's strategy is to invest in mid-sized logistics properties with the objective of generating attractive dividends and capital returns through active asset management.

Urban Logistics' investment management team, led by Richard Moffitt, has significant experience in investing in the logistics market within the broader real estate market. The team's ability to source vital and strategically located mid-sized single let properties, with high-quality tenants, off-market at favourable terms, creates considerable value for shareholders. Tenants include Amazon, XPO, DHL, Hermes, DPD, Boots, Unipart (for NHS), Royal Mail and J Sainsbury Plc.

Buying well and pursuing additional value enhancing asset management initiatives has driven the Company's growth, enabling Urban Logistics to grow from a £10m market cap company at IPO in April 2016 to a FTSE 250 constituent.

 

 

 

 

 

 

 

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END
 
 
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