Tritax Big Box REIT plc AGM Statement (4490F)

TIDMBBOX

RNS Number : 4490F

Tritax Big Box REIT plc

17 May 2017

17 May 2017

TRITAX BIG BOX REIT PLC

(the "Company")

Result of AGM

The Board of Tritax Big Box REIT plc (ticker: BBOX) announces that at the Company's Annual General Meeting, held earlier today, all resolutions were duly passed on a show of hands.

In accordance with Listing Rule 9.6.2(R), a copy of the resolutions passed at the Annual General Meeting will be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.

As at the date of the meeting, there were 363,040,998 ordinary shares with voting rights in issue. Proxies were received by the Company from shareholders before the meeting, as follows:

 
 RESOLUTION                              FOR                  AGAINST           WITHHELD 
------------------------------  ---------------------  --------------------  ----------- 
                                       VOTES     % OF        VOTES     % OF        VOTES 
                                                VOTES                 VOTES 
                                                CAST*                 CAST* 
------------------------------  ------------  -------  -----------  -------  ----------- 
 1. Receive and 
  adopt the report 
  and accounts 
  for the year 
  ended 31 December 
  2016                           687,412,773    96.05   28,297,380     3.95      202,688 
------------------------------  ------------  -------  -----------  -------  ----------- 
 2. Receive, adopt 
  and approve the 
  Directors' Remuneration 
  Report                         662,583,179    99.11    5,947,479     0.89   47,382,183 
------------------------------  ------------  -------  -----------  -------  ----------- 
 3. Elect Susanne 
  Given as a Director            714,809,620    99.85    1,082,154     0.15       21,067 
------------------------------  ------------  -------  -----------  -------  ----------- 
     4. Re-elect Jim 
      Prower as a Director       714,631,493    99.82    1,259,588     0.18       21,760 
------------------------------  ------------  -------  -----------  -------  ----------- 
     5. Re-elect Mark 
      Shaw as a Director         675,688,091    94.38   40,202,990     5.62       21,760 
------------------------------  ------------  -------  -----------  -------  ----------- 
     6. Re-elect Stephen 
      Smith as a Director        715,183,001    99.90      708,080     0.10       21,760 
------------------------------  ------------  -------  -----------  -------  ----------- 
     7. Re-elect Richard 
      Jewson as a Director       714,366,486    99.79    1,471,341     0.21       75,014 
------------------------------  ------------  -------  -----------  -------  ----------- 
     8. Re-elect BDO 
      LLP as Auditors            681,088,309    95.14   34,791,867     4.86       32,665 
------------------------------  ------------  -------  -----------  -------  ----------- 
     9. Authorise 
      the Directors 
      to fix the remuneration 
      of BDO LLP as 
      the Company's 
      Auditors                   659,833,440    94.90   35,423,383     5.10   20,656,018 
------------------------------  ------------  -------  -----------  -------  ----------- 
     10. Authorise 
      the Directors 
      to allot shares 
      (section 551 
      Companies Act 
      2006)                      669,859,908    93.65   45,442,936     6.35      609,997 
------------------------------  ------------  -------  -----------  -------  ----------- 
 11. Special Resolution 
  - disapplication 
  of pre-emption 
  rights (section 
  570 Companies 
  Act 2006)                      714,852,793    99.86      996,040     0.14       64,008 
------------------------------  ------------  -------  -----------  -------  ----------- 
     12. Special resolution 
      - disapplication 
      of pre-emption 
      rights in connection 
      with financing 
      a transaction 
      (section 570 
      Companies Act 
      2006)                      706,791,472    98.73    9,068,888     1.27       52,481 
------------------------------  ------------  -------  -----------  -------  ----------- 
     13. Special resolution 
      - authorise the 
      Company to purchase 
      Ordinary Shares 
      from the open 
      market                     715,399,525    99.98      145,791     0.02      367,525 
------------------------------  ------------  -------  -----------  -------  ----------- 
     14. Special resolution 
      - that a general 
      meeting may be 
      called on not 
      less than 14 
      clear days' notice         692,527,026    96.74   23,364,748     3.26       21,067 
------------------------------  ------------  -------  -----------  -------  ----------- 
 

* Excludes votes withheld

For further information, please contact:

 
  Tritax Group               via Newgate (below) 
    Colin Godfrey (Partner, 
    Fund Manager) 
 
   Newgate (PR Adviser)       Tel: [phone] 
    James Benjamin             Email: [e-mail] 
    Zoe Pocock 
    Lydia Thompson 
 
   Jefferies International    Tel: [phone] 
    Limited 
    Gary Gould 
    Stuart Klein 
 
   Akur Limited               Tel: [phone] 
    Anthony Richardson 
    Tom Frost 
    Siobhan Sergeant 
 

NOTES:

Tritax Big Box REIT plc is the only listed vehicle to give pure exposure to the "Big Box" logistics asset class in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and managing both standing and pre-let forward funded development assets, the Company focuses on well-located, modern "Big Box" logistics assets, typically greater than 500,000 sq. ft. (measured by floor area, 69% of the Company's assets are in excess of 500,000 sq ft(1) ), let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited stock supply.

The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT"), is listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.

Further information on Tritax Big Box REIT is available at www.tritaxbigbox.co.uk

(1) Note this figure excludes Howdens II and III at Wrath Park, Raunds which have exchanged conditionally, subject to planning.

This information is provided by RNS

The company news service from the London Stock Exchange

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May 17, 2017 09:29 ET (13:29 GMT)