Tritax Big Box REIT plc Result of AGM (9778X)

TIDMBBOX

RNS Number : 9778X

Tritax Big Box REIT plc

11 May 2016

11 May 2016

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 839,130,411 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 
  2015                       415,506,337    97.29%   11,552,791    2.71%   58,483,158 
--------------------------  ------------  --------  -----------  -------  ----------- 
 2. Receive, adopt 
  and approve the 
  Directors' Remuneration 
  Report                     446,233,464    98.79%    5,443,905    1.21%   33,864,917 
--------------------------  ------------  --------  -----------  -------  ----------- 
 3. Re-elect Jim 
  Prower as a Director       481,766,298    99.23%    3,761,317    0.77%       14,671 
--------------------------  ------------  --------  -----------  -------  ----------- 
 4. Re-elect Mark 
  Shaw as a Director         464,100,035    96.28%   17,939,300    3.72%    3,502,950 
--------------------------  ------------  --------  -----------  -------  ----------- 
 5. Re-elect Stephen 
  Smith as a Director        481,764,198    99.23%    3,761,317    0.77%       16,771 
--------------------------  ------------  --------  -----------  -------  ----------- 
 6. Re-elect Richard 
  Jewson as a Director       458,500,223    94.43%   27,020,170    5.57%       21,893 
--------------------------  ------------  --------  -----------  -------  ----------- 
 7. Re-appoint 
  BDO LLP as Auditors        473,997,371    99.91%      433,118    0.09%   11,111,797 
--------------------------  ------------  --------  -----------  -------  ----------- 
 8. Authorise 
  the Directors 
  to fix the remuneration 
  of BDO LLP as 
  the Company's 
  Auditors                   485,125,830    99.98%       73,234    0.02%      343,222 
--------------------------  ------------  --------  -----------  -------  ----------- 
 9. Authorise 
  the Directors 
  to allot shares 
  (section 551 
  Companies Act 
  2006)                      445,855,175    91.83%   39,672,440    8.17%       14,671 
--------------------------  ------------  --------  -----------  -------  ----------- 
 10. To adopt 
  a new investment 
  policy of the 
  Company in substitution 
  for, and to the 
  exclusion of, 
  the existing 
  investment policy          482,784,855   99.996%       18,034   0.004%    2,739,397 
--------------------------  ------------  --------  -----------  -------  ----------- 
 11. Special resolution 
  - disapplication 
  of pre-emption 
  rights (section 
  570 Companies 
  Act 2006)                  482,203,978    99.42%    2,821,946    0.58%      516,362 
--------------------------  ------------  --------  -----------  -------  ----------- 
 12. Special resolution 
  - authorise the 
  Company to purchase 
  its own shares 
  (section 701 
  Companies Act 
  2006)                      478,510,380    98.56%    6,992,145    1.44%       39,761 
--------------------------  ------------  --------  -----------  -------  ----------- 
 13. Special resolution 
  - permit the 
  holding of a 
  General Meeting 
  at 14 days' notice         456,628,941    94.04%   28,913,344    5.95%            0 
--------------------------  ------------  --------  -----------  -------  ----------- 
 

* 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] 
  Alex Shilov 
  Lydia Thompson 
 
 
  Jefferies International    Tel: [phone] 
  Limited 
  Gary Gould 
  Stuart Klein 
  David Watkins 
 
 
  Akur Limited               Tel: [phone] 
  Anthony Richardson 
  Tom Frost 
  Siobhan Sergeant 
 

NOTES:

Tritax Big Box REIT plc is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT"). The Company invests in and asset manages a portfolio of well-located, modern "Big Box" assets, typically greater than 500,000 sq. ft., let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews (giving inflation linked earnings growth), and with 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 in high growth areas of the economy and limited stock supply. The Company is the only listed vehicle to give pure exposure to the "Big Box" asset class in the UK.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 11, 2016 11:10 ET (15:10 GMT)