REG-Grit Real Estate Income Group RESULTS OF THE ANNUAL GENERAL MEETING
22/12/2025 12:00
============
Grit Real Estate Income Group (GR1T)
RESULTS OF THE ANNUAL GENERAL MEETING
22-Dec-2025 / 12:00 GMT/BST
══════════════════════════════════════════════════════════════════════════
GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered in Guernsey)
(Registration number: 68739)
LSE share code: GR1T
SEM share codes (dual currency trading): DEL.N0000 (USD) / DEL.C0000 (MUR)
ISINL GG00BMDHST63
LEI: 21380084LCGHJRS8NC05
(“Grit” or the “Company” or the “Group”)
RESULTS OF THE ANNUAL GENERAL MEETING
The board of Directors (the "Board") of Grit is pleased to announce
that at the annual general meeting of the Company ("AGM") held at 2:30
p.m. Mauritian time (10:30 a.m. UK time) on Monday, 22 December 2025, all
resolutions were passed with the requisite majority votes. The detailed
results of the voting are as follows:
Votes for Votes
resolution against Number of Number of
as a resolution shares shares
percentage as a voted at abstained
of total percentage Number AGM as a as a
Resolutions number of of total of percentage percentage
proposed at the shares number of shares of shares of shares
AGM voted at shares voted at in issue in issue
AGM voted at AGM
AGM (rounded to (rounded to
(rounded to 2 decimal 2 decimal
2 decimal (rounded to places)* places)*
places)* 2 decimal
places)*
Ordinary
Resolution Number 83,41%
1 –
Re-appointment of 433 0,01%
MHA and Baker 83,00% 17,00% 608 033
Tilly Channel
Islands as the
statutory
auditors of the
Company
Ordinary 433 83,35%
Resolution Number 56,11% 43,89% 298 033 0,06%
2 – Re-election
of Peter Todd as
a Director of the
Company
Ordinary
Resolution Number 43,89% 433 83,35% 0,06%
3 – Re-election 56,11% 298 033
of Bronwyn
Corbett as a
Director of the
Company
Ordinary
Resolution Number 82,99% 17,00% 430 82,72% 0,70%
4 – Re-election 000 904
of David Love as
a Director of the
Company
Ordinary
Resolution Number 430
5 – Re-election 82,99% 17,00% 000 904 82,72% 0,70%
of Catherine
McIlraith as a
Director of the
Company
Ordinary
Resolution Number 430
6 – Re-election 82,99% 17,00% 000 904 82,72% 0,70%
of Lynette
Finlay as a
Director of the
Company
Ordinary
Resolution Number 82,99% 17,00% 433 83,35% 0,06%
7 – Re-election 298 033
of Nigel Nunoo as
a Director of the
Company
Ordinary 430
Resolution Number 000 904
8 – Re-election 82,99% 17,00% 82,72% 0,70%
of Gareth
Schnehage as a
Director of the
Company
Special
Resolution Number 100,00% 0,00% 415 79,87% 3,55%
1 – Market 181 057
purchase of own
shares / share
buy back
Special
Resolution Number 420 80,92% 2,92%
2 – Authority to 83,41% 17,09% 629 793
issue shares for
cash on a
non-pre-emptive
basis
Special 80,50%
Resolution Number
3 – Authority to 99,92% 0,08% 418 2,92%
sell shares from 478 186
treasury for cash
on a
non-pre-emptive
basis
* Percentages are expressed as a proportion of the total votes cast
(which does not include votes withheld).
Total number of shares in issue as at the date of the AGM was 519,587,834
(excluding the 246,782 ordinary shares held in treasury).
Engagement with Dissenting Shareholders
Shareholders are further advised that, whilst ordinary resolutions number
2 and 3, relating to the re-election of Peter Todd and Bronwyn Corbett as
Directors of the Company, were supported by the majority of shareholders,
the Company does recognise that they were each voted against by 43,89%
respectively, of the votes exercised by the Company's shareholders present
in person or represented by proxy at the AGM.
The Independent Directors of Grit (the “Independent Directors”) have taken
this on board and are committed to achieving a greater understanding of
the underlying reasons that has seen some shareholders being unable to
support these resolutions. The Independent Directors will initiate a
consultation with the Company's shareholders including dissenting
shareholders to better understand their concerns and consider their
feedback.
An update on the views received from shareholders and actions taken will
be published no later than six months after the meeting with the
dissenting shareholders.
In accordance with the Listing Rules of the UK Financial Conduct
Authority ("FCA"), a copy of the resolutions passed at the AGM has
been submitted to the FCA via the National Storage Mechanism and will
shortly be available to the public for inspection at the link below:
1 https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
By Order of the Board
22 December 2025
FOR FURTHER INFORMATION, PLEASE CONTACT:
Grit Real Estate Income Group Limited
+230 269 7090
Bronwyn Corbett, Chief Executive Officer
+2782 480 4541
Morne Reinders, Investor Relations
Group Investor Relations 2 ir@grit.group
Cavendish Capital Markets Limited - UK Financial Adviser
Tunga Chigovanyika / Teddy Whiley (Corporate Finance) +44 20 7220 5000
Justin Zawoda-Martin / Daniel Balabanoff / Pauline +44 20 3772 4697
Tribe (Sales)
Perigeum Capital Ltd - SEM Authorised Representative and
Sponsor
Shamin A. Sookia +230 402 0894
Rukhsaar Lallmahomed +230 402 0893
Capital Markets Brokers Ltd - Mauritian Sponsoring Broker
Elodie Lan Hun Kuen +230 402 0280
NOTES:
Grit Real Estate Income Group Limited is the leading pan-African impact
real estate company focused on investing in, developing and actively
managing a diversified portfolio of assets in carefully selected African
countries (excluding South Africa). These high-quality assets are
underpinned by predominantly US$ and Euro denominated long-term leases
with a wide range of blue-chip multi-national tenant covenants across a
diverse range of robust property sectors.
The Company is committed to delivering strong and sustainable income for
shareholders, with the potential for income and capital growth. The
Company holds its primary listing on the Main Market of the London Stock
Exchange (LSE: GR1T and a dual currency trading secondary listing on
the Stock Exchange of Mauritius (SEM: DEL.N0000 (USD) / DEL.C0000 (MUR)).
Further information on the Company is available at 3 www.grit.group
Directors: Peter Todd (Chairman), Bronwyn Corbett (Chief Executive
Officer) *, Gareth Schnehage (Chief Financial Officer) *, David
Love+, Catherine McIlraith+, Lynette Finlay+ and Nigel Nunoo+.
(* Executive Director) (+ Independent Non-Executive Director)
Company secretary: Intercontinental Fund Services Limited
Corporate service provider: Mourant Governance Services (Guernsey) Limited
Registered office address: PO Box 186, Royal Chambers, St Julian's
Avenue, St Peter Port, Guernsey GY1 4HP
Registrar and transfer agent (Mauritius): OneLink Limited
SEM authorised representative and sponsor: Perigeum Capital Ltd
UK Transfer secretary: Link Assets Services Limited
Mauritian Sponsoring Broker: Capital Markets Brokers Ltd
This notice is issued pursuant to the FCA Listing Rules, SEM Listing Rule
15.24 and the Mauritian Securities Act 2005. The Board of the
Company accepts full responsibility for the accuracy of the information
contained in this communiqué.
══════════════════════════════════════════════════════════════════════════
Dissemination of a Regulatory Announcement, transmitted by 4 EQS Group.
The issuer is solely responsible for the content of this announcement.
View original content: 5 EQS News
══════════════════════════════════════════════════════════════════════════
ISIN: GG00BMDHST63
Category Code: RAG
TIDM: GR1T
LEI Code: 21380084LCGHJRS8CN05
Sequence No.: 412423
EQS News ID: 2250218
End of Announcement EQS News Service
══════════════════════════════════════════════════════════════════════════
References
Visible links
1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=690bb9b6bac93f4cd547640f71a97c13&application_id=2250218&site_id=reuters~~~6aa99418-46f7-48b9-89fd-959a8d2e4912&application_name=news
2. mailto:ir@grit.group
3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=fd4397f5c6057fbc92d709991e850b74&application_id=2250218&site_id=reuters~~~6aa99418-46f7-48b9-89fd-959a8d2e4912&application_name=news
4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f5d50dc7e8798b6eb177f7955e598e60&application_id=2250218&site_id=reuters~~~6aa99418-46f7-48b9-89fd-959a8d2e4912&application_name=news
5. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=95b78ab1319bc5c0997bee6649e22b00&application_id=2250218&site_id=reuters~~~6aa99418-46f7-48b9-89fd-959a8d2e4912&application_name=news
============Recent news on Grit Real Estate Income
See all newsREG-Grit Real Estate Income Group VOLUNTARY UPDATE: DISPOSAL OF VDE HOUSING ESTATE AND ACQUISITION OF REMAINING INTEREST IN ORBIT AFRICA LOGISTICS FOR A NOMINAL CONSIDERATION
AnnouncementREG-Grit Real Estate Income Group RESULTS OF THE ANNUAL GENERAL MEETING
AnnouncementREG-Grit Real Estate Income Group TR-1: Standard form for notification of major holdings
AnnouncementREG-Grit Real Estate Income Group NOTICE OF ANNUAL GENERAL MEETING
AnnouncementREG-Grit Real Estate Income Group TR-1: Standard form for notification of major holdings
Announcement