Target Healthcare REIT Limited Results of Jersey Court Meeting and EGM (0258G)

TIDMTHRL

RNS Number : 0258G

Target Healthcare REIT Limited

18 July 2019

TARGET HEALTHCARE REIT LIMITED

Results of Jersey Court Meeting and Extraordinary General Meeting

The Board of Target Healthcare REIT Limited (the "Company") is pleased to announce the results of voting at both the Jersey Court Meeting and extraordinary general meeting ("Scheme General Meeting") of the Company held at 10.30 am and 10.45 am respectively on Thursday, 18 July 2019 at the offices of Dickson Minto, 16 Charlotte Square, Edinburgh EH2 4DF. The resolutions proposed at the Jersey Court Meeting and Scheme General Meeting were duly passed.

The circular (the "Circular") setting out the Scheme of Arrangement and containing the notice of the Jersey Court Meeting and the notice of the Scheme General Meeting was sent to Shareholders on 21 June 2019.

Jersey Court Meeting

The resolution proposed at the Jersey Court Meeting (that the Scheme of Arrangement as set out in the Circular be approved) was duly passed. Voting on the resolution was conducted by way of a poll.

Proxy votes received in respect of the resolution were as follows:

 
          For                Against        Withheld 
 233,541,295   99.99%    15,354    0.01%      nil 
              --------  -------  --------  --------- 
 
 

Scheme General Meeting

The special resolution proposed at the Scheme General Meeting (concerned with the approval by Shareholders of certain technical steps required to effect the Scheme) was duly passed. Voting on the resolution was conducted by way of a show of hands.

Proxy votes received in respect of the special resolution were as follows:

 
          For                Against        Withheld 
 233,641,716   99.99%    18,651    0.01%     1,716 
              --------  -------  --------  --------- 
 
 

Enquiries:

Target Fund Managers Limited (Investment Manager to the Company)

 
 Kenneth MacKenzie                                                       [phone] 
 Gordon Bland                                                            [phone] 
 Stifel Nicolaus Europe Limited 
 Mark Young                        [e-mail]                 [phone] 
 Tom Yeadon                        [e-mail]                 [phone] 
 Neil Winward                      [e-mail]               [phone] 
 
 FTI Consulting                    [e-mail]    [phone] 
 Dido Laurimore 
 Claire Turvey 
 Richard Gotla 
 

Notes:

A copy of this announcement will be available on the Company's website and, in accordance with Listing Rule 9.6.2, copies of the resolutions passed at the Jersey Court Meeting and the Scheme General Meeting have been submitted to and will shortly be available for inspection at the National Storage Mechanism at http://www.morningstar.co.uk/uk/NSM.

Terms used and not defined in this announcement bear the meaning given to them in the Circular.

The Company's legal entity identifier (LEI): 2138008VQQ5Y9QXMX749

New THRL's legal identifier (LEI): 213800RXPY9WULUSBC04

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July 18, 2019 10:30 ET (14:30 GMT)