Tritax Big Box REIT plc Result of AGM (4028O)

TIDMBBOX

RNS Number : 4028O

Tritax Big Box REIT plc

17 May 2018

17 May 2018

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 yesterday, 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 1,473,556,950 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 
  2017                           1,005,065,211   99.999%        13,366    0.001%       20,646 
------------------------------  --------------  --------  ------------  --------  ----------- 
 2. Receive, adopt 
  and approve the 
  Directors' Remuneration 
  Report (other 
  than the Directors' 
  Remuneration 
  Policy)                          960,754,196   95.588%    39,223,388     3.92%    5,121,638 
------------------------------  --------------  --------  ------------  --------  ----------- 
     3. Approve the 
      Directors' Remuneration 
      Policy                     1,004,374,275   99.928%       158,724     0.02%      566,224 
------------------------------  --------------  --------  ------------  --------  ----------- 
 4. Elect Aubrey 
  Adams as a Director            1,004,770,277   99.967%       307,235     0.03%       21,711 
------------------------------  --------------  --------  ------------  --------  ----------- 
     5. Re-elect Jim 
      Prower as a Director       1,003,236,048   99.815%     1,841,196     0.18%       21,979 
------------------------------  --------------  --------  ------------  --------  ----------- 
     6. Re-elect Mark 
      Shaw as a Director           860,778,355   85.641%   144,298,888    14.36%       21,979 
------------------------------  --------------  --------  ------------  --------  ----------- 
     7. Re-elect Susanne 
      Given as a Director        1,002,623,536   99.754%     2,454,179     0.24%       21,508 
------------------------------  --------------  --------  ------------  --------  ----------- 
     8. Re-elect Richard 
      Jewson as a Director         950,988,642   94.616%    47,694,337     4.78%    6,416,243 
------------------------------  --------------  --------  ------------  --------  ----------- 
     9. Re-elect BDO 
      LLP as Auditors              901,727,846   89.715%    51,581,885     5.41%   51,789,491 
------------------------------  --------------  --------  ------------  --------  ----------- 
     10. Authorise 
      the Directors 
      to fix the remuneration 
      of BDO LLP as 
      the Company's 
      Auditors                     952,308,397   94.748%       484,725     0.05%   52,306,101 
------------------------------  --------------  --------  ------------  --------  ----------- 
     11. Authorise 
      the Directors 
      to declare and 
      pay all dividends 
      as interim dividends 
      and for the last 
      dividend referable 
      to a financial 
      year not to be 
      categorised as 
      a final dividend           1,005,060,094   99.996%         2,189   0.0002%       36,940 
------------------------------  --------------  --------  ------------  --------  ----------- 
     12. Authorise 
      the Directors 
      to allot shares 
      (section 551 
      Companies Act 
      2006)                        943,994,838   93.921%    61,072,426     6.08%       31,959 
------------------------------  --------------  --------  ------------  --------  ----------- 
 13. Special Resolution 
  - disapplication 
  of pre-emption 
  rights (section 
  570 Companies 
  Act 2006)                      1,004,081,499   99.899%       979,048     0.10%       38,676 
------------------------------  --------------  --------  ------------  --------  ----------- 
     14. Special resolution 
      - disapplication 
      of pre-emption 
      rights in connection 
      with financing 
      a transaction 
      (section 570 
      Companies Act 
      2006)                      1,004,068,130   99.897%       964,562     0.10%       66,531 
------------------------------  --------------  --------  ------------  --------  ----------- 
     15. Special resolution 
      - authorise the 
      Company to purchase 
      Ordinary Shares 
      from the open 
      market                     1,004,556,219   99.946%        73,010     0.01%      469,994 
------------------------------  --------------  --------  ------------  --------  ----------- 
     16. Special resolution 
      - that a general 
      meeting may be 
      called on not 
      less than 14 
      clear days' notice           967,409,258   96.250%    37,673,713     3.75%       16,252 
------------------------------  --------------  --------  ------------  --------  ----------- 
     17. Special resolution 
      - that, subject 
      to the confirmation 
      of the Court, 
      the amount standing 
      to the credit 
      of the share 
      premium account 
      be cancelled               1,004,952,372   99.985%        52,923     0.01%       93,928 
------------------------------  --------------  --------  ------------  --------  ----------- 
 

* 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] 
  Anna Geffert 
  Patrick Hanrahan 
  Leena Patel 
 
 Jefferies International    Tel: [phone] 
  Limited 
  Gary Gould 
  Stuart Klein 
 
 Akur Limited               Tel: [phone] 
  Anthony Richardson 
  Tom Frost 
  Siobhan Sergeant 
 

The Company's LEI is: 213800L6X88MIYPVR714

NOTES:

Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in the "Big Box" logistics warehouse asset class in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and pre-let forward funded developments, the Company focuses on well-located, modern "Big Box" logistics assets, typically greater than 500,000 sq. ft. (measured by floor area, c. 65% of the Company's existing logistics facilities including forward funded developments are in excess of 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 and 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 and limited supply of Big Boxes.

The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT"), is listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.

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

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May 17, 2018 04:02 ET (08:02 GMT)