Result of AGM

Home REIT PLC

27 February 2026

 

27 February 2026

HOME REIT plc

(the "Company")

RESULTS OF ANNUAL GENERAL MEETING

Following the Annual General Meeting of the Company held earlier today, the Board is pleased to announce that the resolutions, as set out in the notice of the Annual General Meeting sent to shareholders on 30 January 2026, were approved by shareholders. The resolutions put to the meeting were voted on by way of a poll.

In accordance with UK Listing Rule 6.4.2, a copy of the resolutions that do not constitute ordinary business at an Annual General Meeting have been submitted to the National Storage Mechanism and will be available shortly for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

The results of the poll were as follows:

Resolution	In favour¹		Against		Votes withheld²	% of issued share capital voted
	Number of votes	Percentage	Number of votes	Percentage
1. To receive the Annual Report and Accounts for the year ended 31 August 2024, together with the reports of the Directors and Auditor thereon.	343,590,966	75.21%	113,238,125	24.79%	49,891,971	57.78%
2. To approve the Directors' Remuneration Report, as set out in the Annual Report and Accounts for the year ended 31 August 2023.	485,654,304	95.86%	20,967,000	4.14%	99,758	64.08%
3. To re-elect Roderick Day as a Director of the Company.	496,996,546	98.13%	9,482,645	1.87%	241,871	64.07%
4. To re-elect Michael O'Donnell as a Director of the Company.	493,002,595	97.34%	13,476,626	2.66%	241,841	64.07%
5. To re-elect Peter Williams as a Director of the Company.	500,968,217	98.91%	5,511,004	1.09%	241,841	64.07%
6. To re-appoint BDO LLP as Auditor to the Company.	449,083,663	92.91%	34,251,885	7.09%	23,385,514	61.14%
7. To authorise the Directors to determine the Auditor's remuneration.	471,120,068	93.22%	34,283,985	6.78%	1,317,009	63.93%
8. Special Resolution That the Company be authorised to make market purchases of its Ordinary Shares.	504,534,906	99.60%	2,032,512	0.40%	153,644	64.08%
9. Special Resolution That the Company be authorised to make tender offers for its Ordinary Shares.	498,357,072	98.36%	8,330,408	1.64%	33,582	64.09%
10 Special Resolution That a General Meeting of the Company other than an Annual General Meeting may be called on not less than 14 clear days' notice.	494,476,539	97.83%	10,981,372	2.17%	1,263,151	63.94%

¹ Any proxy arrangement which gave discretion to the Chair has been included in the 'For' totals.

² A 'Vote Withheld' is not a vote in law and is not counted in the total votes cast or the calculation of the percentage of votes 'For' or 'Against' each resolution.

The full text of the resolutions can be found in the Notice of the Annual General Meeting, which is available on the Company's website, www.homereituk.com.

On the record date for voting at the meeting, the Company's issued share capital consisted of 790,570,465 ordinary shares of £0.01 nominal value each, carrying one vote each. The Company holds no shares in treasury. Therefore, the total number of voting rights in the Company was 790,570,465.

The Board of the Company notes that although the resolution to receive the Company's annual report and accounts for the year ended 31 August 2024 was passed, there were a material number of votes cast against and it also notes that shareholder advisory consultants recommended that shareholders vote against the resolution. This was also the position at the Company's AGM held on 20 February 2025. Having met regularly with shareholders over the last 12 months and considering correspondence received from shareholders on this matter, the Company believes it has adequately established the reasons behind the result. This can be summarised as shareholder frustrations regarding the delays in publishing the information, the qualified nature and emphasis of matter in the independent auditor's report and a reflection of the broader issues that the Company has experienced.

The report qualification was associated with revenues with tenants at properties recently taken back from non-performing tenants and as a result of incomplete paperwork handed over from tenants.  The emphasis of matter was to highlight that the Company has entered a managed wind-down and therefore the Directors no longer consider the Group a going concern. The Board will continue to consider shareholder perspectives as appropriate.

FOR FURTHER INFORMATION, PLEASE CONTACT:

FTI Consulting (Communications Adviser)                                                                     [e-mail]

Dido Laurimore                                                                                                                   [phone]

Oliver Harrison

Bryn Woodward

The Company's LEI is: 213800A53AOVH3FCGG44.

For more information, please visit the Company's website: www.homereituk.com

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