Real Est Crd InvsLtd - Result of AGM

Real Estate Credit Investments

15/09/2022 15:25

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220915:nRSO6527Za&default-theme=true

RNS Number : 6527Z  Real Estate Credit Investments Ltd  15 September 2022

This announcement contains inside information.

Date and time of release: 15 September 2022, immediate release

 

Real Estate Credit Investments Limited

Result of the Annual General Meeting

 

The Directors of Real Estate Credit Investments Limited ("RECI" or the
"Company"), are pleased to announce the results of voting at the annual
general meeting of the Company held at 10:30 AM on Thursday 15 September 2022
at East Wing, Trafalgar Court, Les Banques, St. Peter Port, Guernsey, GY1 3PP
(the "AGM" or the "Meeting").

The notice of the AGM and proposed agenda and resolutions were circulated to
shareholders and announced to the market on 10 August 2022.

Each of the resolutions proposed at the AGM was duly passed.  Voting was
conducted by way of a poll on each of the resolutions put to the Meeting.
This is seen as best practice as it gives all shareholders the opportunity to
participate in the decision-making of the Company and have their votes
recorded even if they are unable to attend the Meeting in person.

Total votes of 80,918,800 were cast at the AGM. The results of the voting are
noted as follows:

 

                         In Favour                   Discretion                      Against           Withheld
 Resolution  Votes       %age       Items    Votes   %age        Items    Votes      %age     Items    Votes      Items
 1           80,881,483  99.96      85       10,000  0.01        1        27,317     0.03     2        5,125      1
 2           80,819,553  99.90      84       10,000  0.01        1        75,246     0.09     6        19,126     3
 3           80,857,376  99.93      85       10,000  0.01        1        50,649     0.06     5        5,900      2
 4           80,839,403  99.91      85       10,000  0.01        1        66,623     0.08     6        7,899      2
 5           80,837,456  99.91      85       10,000  0.01        1        63,882     0.08     6        12,587     3
 6           80,831,894  99.91      85       10,000  0.01        1        63,882     0.08     6        18,149     3
 7           80,837,456  99.91      85       10,000  0.01        1        63,882     0.08     6        12,587     3
 8           79,602,454  99.93      76       10,000  0.01        1        49,997     0.06     5        1,261,474  12
 9           80,894,721  99.97      85       10,000  0.01        1        13,304     0.02     2        5,900      2
 10          78,204,694  97.62      82       10,000  0.01        1        1,897,194  2.37     8        812,037    3

 

A copy of this announcement will be available on the Company's website and, in
accordance with Listing Rule 9.6.2, the full text of the resolutions passed at
the AGM may be found in the Notice of AGM published on 10 August 2022
available from the National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

Notes:

1.   Defined terms used in this announcement shall bear the meanings given
in the AGM Circular.

2.   Ordinary resolutions are passed if more than 50% of votes are cast in
favour of the resolution; special resolutions are passed if more than 75% of
votes are cast in favour of the resolution.

3.   The Discretionary votes received were voted in favour of each
resolution.

4.   A vote withheld is not a vote in law and is not counted in the
calculation of the proportion of votes "for" and "against" a particular
resolution.

For further information, please contact:

 

 Broker:              Richard Crawley / Darren Vickers (Liberum Capital)  +44 (0)20 3100 2222
 Investment Manager:  Richard Lang (Cheyne)                               +44 (0)20 7968 7328

 

END

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  RAGSFDFLIEESEEU