REG - Regional REIT Ltd - Result of AGM

Regional REITAnnouncement

25/05/2023 15:15

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RNS Number : 7036A  Regional REIT Limited  25 May 2023

25 May 2023

 

REGIONAL REIT LIMITED

("Regional REIT", the "Group" or the "Company")

 

Result of Annual General Meeting

 

Regional REIT (LSE: RGL), the regional real estate investment specialist
focused on building a diverse portfolio of income producing regional UK core
and core plus office and industrial property assets, is pleased to announce
that, at the Annual General Meeting ("AGM") held today, all resolutions were
passed by way of a poll.

 

The results of the poll for each resolution were as follows:

 

 Resolution                             Votes        %       Votes      %      Votes

 * indicates extraordinary resolution   For                  Against           Withheld
 Resolution 1                           211,367,459  99.97%  73,666     0.03%  295,330
 Resolution 2                           211,375,322  99.92%  166,188    0.08%  194,945
 Resolution 3                           211,469,527  99.95%  105,160    0.05%  161,768
 Resolution 4                           211,398,119  99.93%  142,095    0.07%  196,241
 Resolution 5                           208,744,796  99.90%  211,635    0.10%  2,780,024
 Resolution 6                           208,811,107  99.93%  145,324    0.07%  2,780,024
 Resolution 7                           208,640,436  99.86%  294,884    0.14%  2,801,135
 Resolution 8                           208,778,110  99.93%  145,555    0.07%  2,812,790
 Resolution 9                           210,932,328  99.70%  630,975    0.30%  173,152
 Resolution 10*                         209,124,412  98.84%  2,463,784  1.16%  148,259
 Resolution 11*                         208,144,846  98.38%  3,425,098  1.62%  166,511

 

Notes:

 

1.     Any proxy appointments giving discretion to the Chairman of the AGM
have been included in the "For" totals above for the appropriate resolution.

 

2.     Votes "For" and "Against" any resolution are expressed as a
percentage of votes validly cast for that resolution.

 

3.     A vote "Withheld" is not a vote in law and is not counted in the
calculation of the votes "For" or "Against" a resolution.

 

The full text of the resolutions may be found in the Notice of the AGM, a copy
of which is available on both the Company's website www.regionalreit.com
(http://www.regionalreit.com/) and the National Storage Mechanism.

A copy of the extraordinary resolutions passed at the AGM has been submitted
to the National Storage Mechanism and will shortly be available for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information please contact:

Link Company Matters Limited

Company Secretary

 

Tel: +44 (0) 333 300 1950

rgl-cosec@linkgroup.co.uk (mailto:rgl-cosec@linkgroup.co.uk)

 

 

 

 

 

About Regional REIT

Regional REIT Limited ("Regional REIT" or the "Company") and its
subsidiaries (the "Group") is a United Kingdom ("UK") based real estate
investment trust that launched in November 2015. It is managed
by London & Scottish Property Investment Management Limited, the Asset
Manager, and Toscafund Asset Management LLP, the Investment Manager.

Regional REIT's commercial property portfolio is comprised wholly of income
producing UK assets and comprises, predominantly of offices located in the
regional centres outside of the M25 motorway. The portfolio is geographically
diversified, with 154 properties, 1,080 occupiers as at 31 March 2023, with a
valuation of c.£792.4m.

Regional REIT pursues its investment objective by investing in, actively
managing and disposing of regional core and core plus property assets. It aims
to deliver an attractive total return to its Shareholders, targeting greater
than 10% per annum, with a strong focus on income supported by additional
capital growth prospects.

The Company's shares were admitted to the Official List of
the UK's Financial Conduct Authority and to trading on the London Stock
Exchange on 6 November 2015. For more information, please visit the Group's
website at www.regionalreit.com (http://www.regionalreit.com/)  .

Cautionary Statement

This document has been prepared solely to provide additional information to
Shareholders to assess the Group's performance in relation to its operations
and growth potential. The document should not be relied upon by any other
party or for any other reason. Any forward looking statements made in this
document are done so by the Directors in good faith based on the information
available to them up to the time of their approval of this document. However,
such statements should be treated with caution due to the inherent
uncertainties, including both economic and business risk factors, underlying
any such forward-looking information.

 

ESMA Legal Entity Identifier ("LEI"): 549300D8G4NKLRIKBX73

 

 

 

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