REG - PRS REIT PLC (The) - Result of General Meeting

PRS ReitAnnouncement

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RNS Number : 3293J  PRS REIT PLC (The)  27 November 2025

PRSR.L

The PRS REIT plc

(the "Company" or the "PRS REIT")

 

Result of General Meeting

 

The PRS REIT is pleased to announce that at its General Meeting held earlier
today to approve the sale of The PRS REIT Holding Company Limited ("PRS
HoldCo"), the resolution was duly passed.

 

The full text of the resolution is contained in the Company's Notice of
General Meeting. The resolution was proposed as a special resolution. The
results of the poll taken on the resolution are detailed below:

 

 Resolution                                                                Votes in favour*  Percentage  Votes against  Percentage  Total votes                 Votes withheld**

                                                                                             in                         against     cast (excluding withheld)

                                                                                             favour*
 1 - Proposed sale of entire issued share capital of The PRS REIT Holding  279,089,123       97.67%      6,666,503      2.33%       285,755,626                 33,248,351
 Company Limited

* Includes discretionary votes.

** A vote withheld is not a vote in law and is not counted in the calculation
of the votes in favour or against a resolution.

As at 25 November 2025, the issued share capital of the Company consisted of
549,251,458 ordinary shares.

 In accordance with UK Listing Rule 6.4.2, copies of all the resolutions
passed, other than ordinary business, 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) .

Sale of The PRS REIT Holding Company Limited

Following shareholder approval, Completion of the Sale of PRS HoldCo is
expected to occur on or around 11 December 2025. The Board intends to seek
Shareholder approval for the voluntary liquidation of the Company shortly,
with a view to distributing the Company's net assets to Shareholders in
accordance with the timetable set out in the Company's circular dated 3
November 2025.

 

Further announcements will be made in due course.

 

Unless defined otherwise, capitalised terms used in this announcement shall
have the meanings given to such terms in the Company's announcement on 3
November 2025.

 

For further information, please contact:

 

 The PRS REIT plc                                                  Tel: 020 7496 3000

 Geeta Nanda, Non-Executive Chairwoman                             (c/o Singer Capital Markets)

 Sigma PRS Management Ltd                                          Tel: 0333 999 9926

 Investment Adviser to The PRS REIT plc

 Graham Barnet, Mike McGill

 Singer Capital Markets                                            Tel: 020 7496 3000

 Sole Financial Adviser and Corporate Broker to The PRS REIT plc

 James Moat, Asha Chotai, James Todd, Patrick Weaver

 G10 Capital Limited (AIFM and part of IQ-EQ)                      Tel: 0207 397 5450

 AIFM to The PRS REIT plc

 Maria Baldwin

 KTZ Communications                                                Tel: 020 3178 6378

 Financial PR Adviser to The PRS REIT plc

 Katie Tzouliadis, Robert Morton

 

 

NOTES TO EDITORS

About The PRS REIT plc www.theprsreit.com (http://www.theprsreit.com)

The PRS REIT plc is a closed-ended real estate investment trust established
to invest in the Private Rented Sector ("PRS") and to provide shareholders
with an attractive level of income together with the potential for capital and
income growth. The Company has invested over £1bn in a portfolio of
high-quality homes for private rental across the regions, having raised a
total of £0.56bn (gross) through its Initial Public Offering on 31 May
2017 and subsequent fundraisings in February 2018 and September 2021.
The UK Government's Homes England has supported the Company with direct
investments. The Company is listed on the Closed-ended investment funds
category of the FCA's Official List and its Ordinary Shares are traded on
the London Stock Exchange's Main Market. It is a constituent of the FT250
Index. With 5,478 new rental homes as at 30 September 2025, the Company
believes its portfolio is the largest build-to-rent single-family rental
portfolio in the UK.

LEI: 21380037Q91HU97WZX58

 

 

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