Triple Point Social Housing REIT Result of General Meeting (9497I)

TIDMSOHO

RNS Number : 9497I

Triple Point Social Housing REIT

26 March 2018

26 March 2018

Triple Point Social Housing REIT plc

(the "Company" or, together with its subsidiaries, the "Group")

RESULT OF GENERAL MEETING

The Board of Triple Point Social Housing REIT plc (ticker: SOHO) is pleased to announce that the Resolutions proposed at the General Meeting held earlier today were duly passed.

Full details of the Resolutions were set out in the circular published by the Company on 1 March 2018 (the "Circular").

Details of the proxies received from Shareholders in respect of each Resolution are set out below:

 
 Resolution          For   Percentage   Against   Percentage     Withheld 
-----------  -----------  -----------  --------  -----------  ----------- 
 1            82,417,786      100.00%         0            -            0 
-----------  -----------  -----------  --------  -----------  ----------- 
 2            82,416,786      99.999%     1,000       0.001%            0 
-----------  -----------  -----------  --------  -----------  ----------- 
 3            82,417,786      100.00%         0            -            0 
-----------  -----------  -----------  --------  -----------  ----------- 
 4            57,366,013      99.998%     1,000       0.002%   25,050,773 
-----------  -----------  -----------  --------  -----------  ----------- 
 5            82,191,186      99.725%   226,600       0.275%            0 
-----------  -----------  -----------  --------  -----------  ----------- 
 

Notes:

a) Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).

b) A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.

c) Any proxy appointments which gave discretion to the Chairman have been included in the "For" totals.

Any capitalised terms used but not otherwise defined in this announcement have the meaning set out in the Circular. The Circular is available for inspection in electronic form on the Company's website, www.triplepointreit.com.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

 
 Triple Point Investment           (via Newgate below) 
  Management LLP 
  (Delegated Investment Manager) 
 James Cranmer 
 Ben Beaton 
 Max Shenkman 
 Justin Hubble 
 
 Akur Limited (Joint Financial     Tel: [phone] 
  Adviser) 
 Tom Frost 
 Anthony Richardson 
 Siobhan Sergeant 
 
 Canaccord Genuity Limited         Tel: [phone] 
  (Joint Financial Adviser 
  and Corporate Broker) 
 Lucy Lewis 
 Denis Flanagan 
 Andrew Zychowski 
 
 Newgate (PR Adviser)              Tel: [phone] 
 James Benjamin                    Em: [e-mail] 
 Anna Geffert 
 Patrick Hanrahan 
 Leena Patel 
 

The Company's LEI is 213800BERVBS2HFTBC58.

Further information on the Company can be found on its website at www.triplepointreit.com.

NOTES:

The Company invests in social housing assets in the UK, with a particular focus on supported housing. The assets within the portfolio are subject to inflation-adjusted, long-term (typically from 20 years to 30 years), Fully Repairing and Insuring ("FRI") leases with Approved Providers (being Housing Associations, Local Authorities or other regulated organisations in receipt of direct payment from local government). The portfolio comprises investments into properties which are already subject to an FRI lease with an Approved Provider, as well as forward funding of pre-let developments but does not include any direct development or speculative development.

There is increasing political and financial pressure on Housing Associations to increase their housing delivery and this is creating opportunities for private sector investors to participate in the market. The Group's ability to provide forward financing for new developments not only enables the Company to secure fit for purpose, modern assets for its portfolio but also addresses the chronic undersupply of suitable supported housing properties in the UK at sustainable rents and delivering returns to investors.

Triple Point Investment Management LLP (part of the Triple Point Group) is responsible for management of the Group's portfolio (with such functions having been delegated to it by Langham Hall Fund Management LLP, the Company's alternative investment fund manager).

The Company was admitted to trading on the Main Market of the London Stock Exchange on 8 August 2017 and operates as a UK Real Estate Investment Trust.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 26, 2018 09:05 ET (13:05 GMT)