Results of General Meeting
09/02/2022 14:59
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220209:nRSI2027Ba&default-theme=true
RNS Number : 2027B Industrials REIT Limited 09 February 2022
INDUSTRIALS REIT LIMITED
(Formerly Stenprop Limited)
(Registered in Guernsey with registration number 64865)
LSE share code: MLI JSE share code: MLI
ISIN: GG00BFWMR296
("Industrials REIT" or the "Company")
9 February 2022
Results of general meeting
The Industrials REIT general meeting was held earlier today (in terms of the
notice of general meeting dispatched to shareholders on Thursday, 20 January
2022). A poll was held on each of the resolutions proposed and the results of
the poll are set out below. Resolutions 1 and 2 were passed as ordinary
resolutions and resolution 3 was passed as a special resolution by the
requisite majority of shareholders. As a result, migration of the listing of
the Company's ordinary shares from a primary listing to a secondary listing on
the Main Board of the Johannesburg Stock Exchange will take effect from
Friday, 11 February 2022.
Details of the results of voting at the general meeting are as follows:
- total number of Industrials REIT shares that could have been voted at
the general meeting: 290,785,827; and
- total number of Industrials REIT shares that were voted in person or by
proxy at the general meeting: 127,325,322 (being 43.79% of the total number of
shares that could have been voted at the meeting).
Ordinary resolutions
Resolution 1: To authorise the Company's migration to a secondary listing on
the Johannesburg Stock Exchange with effect from 11 February 2022 (the "JSE
Migration").
Shares voted* For Against Abstentions^
127,325,322, being 42.62% 127,318,998, being 100.00% 6,324, being 0.00% 426,932, being 0.14%
Resolution 2: To authorise the Industrials REIT Limited SAYE Share Option
Plan.
Shares voted* For Against Abstentions^
127,325,322, being 42.62% 124,260,803, being 97.59% 3,064,519, being 2.41% 426,932, being 0.14%
Special resolutions
Resolution 3: That the amended articles of incorporation be adopted as the
articles of incorporation of the Company in substitution for, and to the
exclusion of, the existing articles of incorporation of the Company with
effect from completion of the proposed JSE Migration.
Shares voted* For Against Abstentions^
127,180,449, being 42.57% 127,174,125, being 100.00% 6,324 being 0.00% 571,805, being 0.19%
* shares voted in relation to the total shares in issue, being 298,775,175.
^ in relation to total shares in issue, being 298,775,175.
In accordance with LR 9.6.2 of the Financial Conduct Authority's Listing
Rules, copies of the resolutions will be submitted to the National Storage
Mechanism and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)
For further information:
Industrials REIT Limited +44(0)20 3918 6600
Paul Arenson (paul.arenson@industrials.co.uk)
Julian Carey (julian.carey@industrials.co.uk)
James Beaumont (james.beaumont@industrials.co.uk)
Numis Securities Limited (Financial Adviser) +44(0)20 7260 1000
Hugh Jonathan
Vicki Paine
FTI Consulting (PR Adviser) +44(0)20 3727 1000
Richard Sunderland
Richard Gotla
Neel Bose
industrialsreit@fticonsulting.com (mailto:industrialsreit@fticonsulting.com)
Java Capital +27 (0)11 722 3050
(JSE Sponsor)
About Industrials REIT:
Industrials REIT is a UK REIT traded on the London Stock Exchange and the
Johannesburg Stock Exchange. The objective of the Company is to deliver
sustainable growing income to its investors. Industrials REIT invests in a
diversified portfolio of UK multi-let industrial (MLI) properties with the
strategic goal of becoming the leading MLI business in the UK. For further
information, go to www.industrialsreit.com (http://www.industrialsreit.com) .
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END GMSBSGDDRSGDGDC