We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Target Healthcare Reit Plc | LSE:THRL | London | Ordinary Share | GB00BJGTLF51 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 80.00 | 79.80 | 80.20 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Finance Services | 67.75M | -6.57M | -0.0106 | -75.66 | 497.43M |
TIDMTHRL
RNS Number : 8218I
Target Healthcare REIT Limited
29 November 2018
To: RNS From: Target Healthcare REIT Limited LEI: 2138008VQQ5Y9QXMX749 Date: 29 November 2018 Subject: Annual General Meeting Result
Target Healthcare REIT Limited announces that, at the Annual General Meeting held on 28 November 2018, all resolutions proposed were duly passed.
The full text of the resolutions can be found in the Notice of Annual General Meeting set out in the Annual Report and Financial Statements for the year to 30 June 2018, copies of which have been submitted to the National Storage Mechanism and which are available for inspection at www.morningstar.co.uk/uk/NSM.
Details of the proxy votes lodged before the Annual General Meeting, which should be read alongside the Notice contained in the Annual Report and Financial Statements, are noted below and will be available shortly at www.targethealthcarereit.co.uk
For Against Withheld 1) Ordinary Resolution 204,136,923 100.00% - - 20,888 ------------ -------- ----------- ------- ---------- 2) Ordinary Resolution 204,141,145 100.00% - - 16,666 ------------ -------- ----------- ------- ---------- 3) Ordinary Resolution 204,157,811 100.00% - - - ------------ -------- ----------- ------- ---------- 4) Ordinary Resolution 160,115,147 79.47% 41,367,282 20.53% 2,675,381 ------------ -------- ----------- ------- ---------- 5) Ordinary Resolution 204,157,811 100.00% - - - ------------ -------- ----------- ------- ---------- 6) Ordinary Resolution 193,992,380 95.02% 10,165,430 4.98% - ------------ -------- ----------- ------- ---------- 7) Ordinary Resolution 204,157,811 100.00% - - - ------------ -------- ----------- ------- ---------- 8) Ordinary Resolution 160,115,147 79.47% 41,367,282 20.53% 2,675,381 ------------ -------- ----------- ------- ---------- 9) Ordinary Resolution 204,120,434 99.98% 37,376 0.02% - ------------ -------- ----------- ------- ---------- 10) Ordinary Resolution 193,972,338 95.02% 10,168,806 4.98% 16,666 ------------ -------- ----------- ------- ---------- 11) Special Resolution 204,157,811 100.00% - - - ------------ -------- ----------- ------- ---------- 12) Special Resolution 204,102,397 99.97% 55,414 0.03% - ------------ -------- ----------- ------- ----------
The Board notes the outcome of the shareholder votes against Resolution 4 and Resolution 8 concerning the elections of Craig Stewart and Hilary Jones. The Board recognises the concerns which have been expressed by shareholders regarding the independence of these Directors.
The Board notes that corporate governance best practice is for the Audit Committee to be composed solely of independent, non-executive Directors. Whilst the Board continues to consider both Hilary Jones and Craig Stewart to be independent, it has taken into consideration the views of shareholders and, given the relationship of these Directors with the Company Secretary, R&H Fund Services (Jersey) Limited, has concluded that neither Director should continue as a member of the Audit Committee. In accordance with Listing Rule 9.6.11R, Target Healthcare REIT confirms that this change will happen with immediate effect.
Whilst the Company is a UK REIT for the purposes of taxation, it continues to be domiciled in Jersey. As such, Hilary Jones' and Craig Stewart's position as Directors of the Company is considered by the Board to be the most cost efficient and effective means of ensuring that it fulfils its obligation to have two Jersey-based Directors and that the Board has sufficient knowledge and experience of the Jersey regulatory environment to ensure that it understands and follows best practice within that regime. It is anticipated that the valued experience of both Directors will continue to be available to the Audit Committee where required.
For further information please contact:
Target Fund Managers Limited Kenneth MacKenzie, Gordon Bland 01786 845 912 Stifel Nicolaus Europe Limited Mark Young, Neil Winward, Tom Yeadon 020 7710 7600 --------------- FTI Consulting Dido Laurimore, Claire Turvey, Richard Gotla 020 3727 1000 --------------- Maitland Administration Services (Scotland) Limited Donald Cameron 0131 550 3763 ---------------
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
RAGBPBRTMBMTBLP
(END) Dow Jones Newswires
November 29, 2018 02:00 ET (07:00 GMT)
1 Year Target Healthcare Reit Chart |
1 Month Target Healthcare Reit Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions