REG - Real Est Crd InvsLtd - Result of AGM

Real Estate Credit InvestmentsAnnouncement

15/09/2023 15:30

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RNS Number : 6583M  Real Estate Credit Investments Ltd  15 September 2023

This announcement contains inside information.

Date and time of release: 15 September 2023, 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 Friday, 15 September 2023
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 09 August 2023.

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 97,914,368 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           97,895,873  99.99      82       0      0           0        7,741       0.01     1        10,754    2
 2           79,667,218  81.42      79       0      0           0        18,179,696  18.58    8        67,454    5
 3           97,851,943  99.97      82       0      0           0        25,871      0.03     3        36,554    4
 4           78,945,895  80.66      77       0      0           0        18,925,488  19.34    12       42,985    6
 5           79,652,096  81.38      80       0      0           0        18,219,287  18.62    9        42,985    6
 6           79,652,096  81.38      80       0      0           0        18,219,287  18.62    9        42,985    6
 7           79,652,096  81.38      80       0      0           0        18,219,287  18.62    9        42,985    6
 8           96,942,807  99.02      74       0      0           0        960,807     0.98     14       10,754    2
 9           97,895,873  99.99      82       0      0           0        7,741       0.01     1        10,754    2
 10          97,132,870  99.21      79       0      0           0        770,744     0.79     7        10,754    2
 11          97,284,989  99.37      79       0      0           0        618,625     0.63     11       10,754    2

 

A copy of this announcement will be available on the Company's website and, in
accordance with Listing Rule 9.6.2 and Listing Rule 9.6.3, the full text of
the resolutions passed at the AGM may be found in the Notice of AGM published
on 09 August 2023 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 / Edward Mansfield (Liberum Capital)  +44 (0)20 3100 2222
 Investment Manager:  Richard Lang (Cheyne)                                 +44 (0)20 7968 7328

 

 

 

  END

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