REG - Phoenix SpreeDeutsch - AGM and EGM Results

Phoenix Spree DeutschlandAnnouncement

Wed 15:45

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RNS Number : 4460N  Phoenix Spree Deutschland Limited  18 June 2025

18 June 2025

 

Phoenix Spree Deutschland Limited

(the "Company" or "PSDL")

 

AGM and EGM Results

 

Phoenix Spree Deutschland Limited (LSE: PSDL.LN), the UK listed investment
company specialising in Berlin residential real estate, today announces that
all resolutions put to the annual and extraordinary general meetings held
today, Wednesday, 18 June 2025, at the registered office of the Company were
duly approved by a large majority. Details of the proxy votes received in
respect of each resolution are attached to the foot of this announcement.

1.  Annual General Meeting (the "AGM") resolutions and results

Total votes of 51,908,452 were received. Details of the votes received in
respect of each resolution are noted as follows:

 Summary Resolutions*                                                             For / Discretionary(1)  %       Against    %      Withheld
 1.  Ordinary Resolution: THAT the audited annual report and financial            51,899,760              99.99   7,500      0.01   1,192
 statements of the Company for the year ended 31 December 2024, together with
 the report of the directors and report of the auditors be received and
 adopted.
 2.    Ordinary Resolution: THAT the Directors' remuneration report for the       51,611,102              99.44   288,309    0.56   9,041
 year ended 31 December 2024 be approved.
 3.    Ordinary Resolution: THAT Robert Hingley                                   50,768,061              97.81   1,138,396  2.19   1,995

         be re-elected as a director of the Company.
 4.    Ordinary Resolution: THAT Jonathan Thompson be re-elected as a             51,595,166              99.88   63,952     0.12   249,334
 director of the Company.
 5.    Ordinary Resolution: THAT Antonia Burgess be re-elected as a director      50,858,967              98.45   800,151    1.55   249,334
 of the Company
 6.    Ordinary Resolution: THAT Isabel Robins be re-elected as a director        50,858,967              98.45   800,151    1.55   249,334
 of the Company.
 7.    Ordinary Resolution: THAT Steven Wilderspin be re-elected as a             51,590,496              99.87   68,622     0.13   249,334
 director of the Company.
 8.    Ordinary Resolution: THAT RSM UK Audit LLP be re-appointed as              51,900,649              99.99   7,500      0.01   303
 auditors to the Company.
 9.    Ordinary Resolution: THAT the Audit Committee be authorised to             51,893,219              99.98   8,187      0.02   7,046
 determine the remuneration of RSM UK Audit LLP.
 10.  Special Resolution: THAT the Company be generally and unconditionally
 authorised to make market purchases of and to cancel or hold in treasury up to

 13,764,921 Ordinary Shares.                                                      51,877,489              99.94   30,963     0.06   0
 11.  Special Resolution: THAT the Directors be authorised to allot and issue     51,793,368              99.85   78,204     0.15   36,880
 up to 10,075,141 Ordinary Shares, as if pre-emption rights in the articles did
 not apply.

2.  Extraordinary General Meeting (the "EGM") resolution and results

Total votes of 51,554,802 were received. Details of the votes received in
respect of the resolution are noted as follows:

 Summary Resolutions*                                                             For / Discretionary(1)  %      Against  %     Withheld
 1. Special Resolution: THAT the articles of association of the Company be        51,464,497              99.87  65,113   0.13  25,192
 amended to provide for the conversion of existing non-redeemable ordinary
 shares in the capital of the Company into redeemable ordinary shares, the
 issuance of a single non-redeemable share in the Company be authorised and new
 articles of association that provide the mechanism by which the Company will
 be permitted to compulsorily redeem some or all of the Ordinary Shares in
 issue on any particular date pursuant to the Company's Compulsory Redemption
 Facility be adopted.

 

(1)Any proxy appointments which gave discretion to the Chair of the AGM and/or
EGM, or a third party were voted for the resolutions.

*The full text of the resolutions may be found in the respective notices of
the AGM and EGM, a copy of which is available on both the Company's website
www.phoenixspree.com and on the National Storage Mechanism
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

In accordance with UK Listing Rule 6.4.2 the full text of the special
resolutions passed at the AGM and EGM has been 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) .

Legal Entity Identifier: 213800OR6IIJPG98AG39

For Further Information, Please Contact:

Phoenix Spree Deutschland Limited
                        +44 (0) 20 3937 8760

Stuart Young

 

Deutsche Numis (Corporate
Broker)
                +44 (0) 20 7260 1263

Hugh Jonathan

 

Teneo (Financial PR)
                                            +44 (0) 20
7353 4200

Elizabeth Snow

Annushka Shivnani

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