Phoenix Spree Deutschland Limited Results of the Annual General Meeting (2167B)

TIDMPSDL

RNS Number : 2167B

Phoenix Spree Deutschland Limited

08 June 2021

Phoenix Spree Deutschland Limited

(the "Company" or "PSDL")

Results of the Annual General Meeting

Phoenix Spree Deutschland Limited (LSE: PSDL.LN), the UK listed investment company specialising in German residential real estate, today announces that all resolutions put to the annual general meeting ("AGM") held today, Tuesday 08 June 2021, at the registered office of the Company were duly passed by shareholders on a poll.

Total proxy votes of 43,422,389 were received. Details of the proxy votes received in respect of each resolution are noted as follows:

 
 Summary Resolutions *                For / Discretionary(1)     %     Against    %     Withheld 
 1. Ordinary Resolution: 
  THAT the audited annual 
  report and financial statements 
  of the Company for the 
  year ended 31 December 
  2020, together with the 
  report of the directors 
  and report of the auditors 
  be received and adopted.                  43,422,389          100       0      0.00      0 
                                     -----------------------  ------  --------  -----  --------- 
 2. Ordinary Resolution: 
  THAT the Directors' remuneration 
  report for the year ended 
  31 December 2020 be approved.             43,392,766         99.95   23,123    0.05    6,500 
                                     -----------------------  ------  --------  -----  --------- 
 3. Ordinary Resolution: 
  THAT Robert Hingley be 
  re-elected as a director 
  of the Company.                           43,415,389          100       0      0.00    7,000 
                                     -----------------------  ------  --------  -----  --------- 
 4. Ordinary Resolution: 
  THAT Jonathan Thompson 
  be re-elected as a director 
  of the Company.                           43,415,389          100       0      0.00    7,000 
                                     -----------------------  ------  --------  -----  --------- 
 5. Ordinary Resolution: 
  THAT Monique O'Keefe be 
  re-elected as a director 
  of the Company.                           43,415,389          100       0      0.00    7,000 
                                     -----------------------  ------  --------  -----  --------- 
 6. Ordinary Resolution: 
  THAT Antonia Burgess be 
  elected as a director 
  of the Company.                           43,415,389          100       0      0.00    7,000 
                                     -----------------------  ------  --------  -----  --------- 
 7. Ordinary Resolution: 
  THAT Greg Branch be elected 
  as a director of the Company.             43,415,389          100       0      0.00    7,000 
                                     -----------------------  ------  --------  -----  --------- 
 8. Ordinary Resolution: 
  THAT RSM UK Audit LLP 
  be re-appointed as auditors 
  to the Company.                           43,415,889          100       0      0.00    6,500 
                                     -----------------------  ------  --------  -----  --------- 
 9. Ordinary Resolution: 
  THAT the Audit Committee 
  be authorised to determine 
  the remuneration of RSM 
  UK Audit LLP.                             43,422,389          100       0      0.00      0 
                                     -----------------------  ------  --------  -----  --------- 
 10. Special Resolution: 
  THAT the Company be generally 
  and unconditionally authorised 
  to make market purchases 
  of and to cancel or hold 
  in treasury up to 14,514,054 
  Ordinary Shares .                         43,345,971         99.82   76,418    0.18      0 
                                     -----------------------  ------  --------  -----  --------- 
  11. Special Resolution: 
   THAT the Directors be 
   authorised to allot and 
   issue up to 10,075,141 
   Ordinary Shares, as if 
   pre-emption rights in 
   the articles did not apply.              43,395,091         99.94   27,298    0.06      0 
                                     -----------------------  ------  --------  -----  --------- 
 

(1) Any proxy appointments which gave discretion to the Chair of the AGM or a third party were voted for the resolution.

*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.phoenixspree.com and on the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

In accordance with Listing Rule 9.6.2, the full text of the special resolutions passed at the AGM has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Legal Entity Identifier: 213800OR6IIJPG98AG39

For further information, please contact:

Phoenix Spree Deutschland Limited [phone]

Stuart Young

Numis Securities Limited (Corporate Broker) [phone]

David Benda

Tulchan Communications (Financial PR) [phone]

Elizabeth Snow

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June 08, 2021 10:52 ET (14:52 GMT)