Custodian REIT PLC Result of AGM (6719L)

TIDMCREI

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        % of       Votes 
                                         votes    against      votes    withheld* 
                                         cast                  cast 
---  -------------------  -----------  -------  -----------  -------  ----------- 
 ORDINARY RESOLUTIONS 
--------------------------------------------------------------------------------- 
      To receive 
       and adopt 
       the Company's 
       report and 
       accounts for 
       the financial 
       year ended 
 1     31 March 2017.      82,559,586   99.87     110,500      0.13        0 
---  -------------------  -----------  -------  -----------  -------  ----------- 
      To approve 
       the directors' 
       remuneration 
 2     policy.             82,574,740   99.89      87,248      0.11      8,098 
---  -------------------  -----------  -------  -----------  -------  ----------- 
      To approve 
       the directors' 
       remuneration 
 3     report.             82,661,895   100.00       93        0.00      8,098 
---  -------------------  -----------  -------  -----------  -------  ----------- 
      To re-elect 
       Barry Gordon 
       Gilbertson 
 4     as a director.      82,670,086   100.00       0         0.00        0 
---  -------------------  -----------  -------  -----------  -------  ----------- 
      To re-elect 
       David Ian 
       Hunter as 
 5     a director.         72,952,190   88.24    9,717,896    11.76        0 
---  -------------------  -----------  -------  -----------  -------  ----------- 
      To re-elect 
       Ian Thomas 
       Mattioli as 
 6     a director.         82,476,122   99.77     193,964      0.23        0 
---  -------------------  -----------  -------  -----------  -------  ----------- 
      To re-elect 
       Matthew Wadman 
       John Thorne 
 7     as a director.      82,670,086   100.00       0         0.00        0 
---  -------------------  -----------  -------  -----------  -------  ----------- 
      To re-appoint 
       Deloitte LLP 
       as auditor 
 8     to the Company.     82,489,943   99.79     172,045      0.21      8,098 
---  -------------------  -----------  -------  -----------  -------  ----------- 
      To authorise 
       the directors 
       to agree and 
       fix the auditor's 
 9     remuneration.       82,516,005   99.82     145,983      0.18      8,098 
---  -------------------  -----------  -------  -----------  -------  ----------- 
      To grant the 
       directors 
       authority 
       to allot ordinary 
       shares in 
       the capital 
 10    of the Company.     82,413,631   99.69     256,455      0.31        0 
---  -------------------  -----------  -------  -----------  -------  ----------- 
 SPECIAL RESOLUTIONS 
--------------------------------------------------------------------------------- 
      To disapply 
       statutory 
       pre-emption 
       rights on 
       the allotment 
       of ordinary 
       shares in 
       the capital 
 11    of the Company.     64,294,170   77.77    18,375,916   22.23        0 
---  -------------------  -----------  -------  -----------  -------  ----------- 
      To authorise 
       the Company 
       to make market 
       purchases 
       of ordinary 
       shares of 
       GBP0.01 each 
       in the capital 
 12    of the Company.     82,536,339   99.84     133,747      0.16        0 
---  -------------------  -----------  -------  -----------  -------  ----------- 
      That a general 
       meeting, other 
       than an annual 
       general meeting, 
       may be called 
       on not less 
       than 14 clear 
 13    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 [e-mail] and will shortly be available for viewing.

- Ends -

For further information, please contact:

 
 Custodian Capital Limited 
 Richard Shepherd-Cross / Nathan            Tel: +44 (0)116 
  Imlach / Ian Mattioli MBE                        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: [phone] 
                                    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 GBP10 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 GBP10 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

END

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July 20, 2017 10:07 ET (14:07 GMT)