05 August 2024
REGIONAL REIT
LIMITED
("Regional REIT", the "Group" or the "Company")
Result of Annual General
Meeting
Regional REIT (LSE: RGL), the
regional real estate investment specialist, is pleased to announce that, at the Annual General Meeting
("AGM") held today, all resolutions were passed on a
poll.
The results of the poll for each
resolution were as follows:
|
Resolution
|
Votes
For
|
%
|
Votes
Against
|
%
|
Votes
Withheld
|
|
Resolution 1
|
63,241,793
|
99.84%
|
103,477
|
0.16%
|
2,513
|
|
Resolution 2
|
63,175,381
|
99.73%
|
169,188
|
0.27%
|
3,214
|
|
Resolution 3
|
63,180,596
|
99.75%
|
157,860
|
0.25%
|
9,327
|
|
Resolution 4
|
60,896,175
|
96.17%
|
2,427,153
|
3.83%
|
24,456
|
|
Resolution 5
|
59,010,369
|
93.18%
|
4,316,757
|
6.82%
|
20,657
|
|
Resolution 6
|
59,010,525
|
93.21%
|
4,300,890
|
6.79%
|
36,368
|
|
Resolution 7
|
59,021,083
|
93.22%
|
4,290,332
|
6.78%
|
36,368
|
|
Resolution 8
|
59,025,580
|
93.23%
|
4,285,835
|
6.77%
|
36,368
|
|
Resolution 9
|
63,188,408
|
99.75%
|
158,392
|
0.25%
|
983
|
|
Resolution 10
|
63,120,294
|
99.66%
|
216,679
|
0.34%
|
10,810
|
|
Resolution 11*
|
59,377,747
|
93.83%
|
3,903,480
|
6.17%
|
66,556
|
|
Resolution 12*
|
59,372,556
|
93.81%
|
3,915,895
|
6.19%
|
59,332
|
*indicates extraordinary
resolution
Notes:
1. Any proxy
appointments giving discretion to the Chairman of the AGM have been
included in the "For" totals above for the appropriate
resolution.
2. Votes "For" and
"Against" any resolution are expressed as a percentage of votes
validly cast for that resolution.
3. A vote "Withheld" is
not a vote in law and is not counted in the calculation of the
votes "For" or "Against" a resolution.
4. The number of shares
in issue on 5 August 2024 was 162,088,483 ordinary shares, carrying
one vote each, and at that time, the Company did not hold any
shares in treasury.
The full text of the resolutions may
be found in the Notice of the AGM, a copy of which is available on
both the Company's website www.regionalreit.com
and the National Storage Mechanism.
A copy of the extraordinary
resolutions passed at the AGM will shortly be submitted to the
National Storage Mechanism and will be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
- ENDS -
Enquiries:
|
Regional REIT Limited
|
|
|
Press enquiries through
Buchanan
|
|
|
|
|
ESR
Europe Private Markets Limited
|
Tel: +44 (0) 203 831 9776
|
|
Investment Adviser to the
Group
|
|
|
Adam Dickinson, Investor Relations,
Regional REIT Limited
|
|
|
|
|
|
London & Scottish Property Investment
Management
|
Tel: +44 (0) 141 248 4155
|
|
Asset Manager to the
Group
|
|
|
Stephen Inglis
|
|
|
|
|
|
Buchanan Communications
|
Tel: +44 (0) 20 7466 5000
|
|
Financial PR
|
|
|
Charles Ryland, Henry Wilson, George
Beale
|
|
About Regional REIT
Regional REIT Limited ("Regional
REIT" or the "Company") and its subsidiaries (the "Group") is
a United Kingdom ("UK") based real estate investment
trust that launched in November 2015. It is managed
by London & Scottish Property Investment Management
Limited, the Asset Manager, and ESR Europe Private Markets Limited,
the Investment Adviser.
Regional REIT's commercial property
portfolio is comprised wholly of income
producing UK assets and comprises, predominantly of
offices located in the regional centres outside of the M25
motorway. The portfolio is geographically diversified, with 132
properties, 827 tenants as at 21 June 2024, with a valuation of
c.£647.8m.
Regional REIT pursues its investment
objective by investing in, actively managing and disposing of
regional core and core plus property assets. It aims to deliver an
attractive total return to its Shareholders, targeting greater than
10% per annum, with a strong focus on income supported by
additional capital growth prospects.
The Company's shares were admitted
to the Official List of the UK's Financial Conduct
Authority and to trading on the London Stock Exchange on 6 November
2015. For more information, please visit the Group's website
at www.regionalreit.com.
Cautionary Statement
This document has been prepared
solely to provide additional information to Shareholders to assess
the Group's performance in relation to its operations and growth
potential. The document should not be relied upon by any other
party or for any other reason. Any forward looking statements made
in this document are done so by the Directors in good faith based
on the information available to them up to the time of their
approval of this document. However, such statements should be
treated with caution due to the inherent uncertainties, including
both economic and business risk factors, underlying any such
forward-looking information.
ESMA Legal Entity Identifier ("LEI"):
549300D8G4NKLRIKBX73