REG - Schroder Euro Real - Result of AGM

Schroder European Real Estate Investment TrustAnnouncement

17/03/2025 15:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250317:nRSQ9880Aa&default-theme=true

RNS Number : 9880A  Schroder Eur Real Est Inv Trust PLC  17 March 2025

SCHRODER EUROPEAN REAL ESTATE INVESTMENT TRUST PLC

Annual General Meeting

Schroder European Real Estate Investment Trust plc announces that, at the
Annual General Meeting, held on Monday, 17 March 2025, a poll was held on each
of the resolutions proposed in the Notice of Meeting and each resolution was
duly passed.

The results of the poll were as follows:

      Resolution                                                                      Votes for (including discretionary)  %      Votes against  %      Votes total  %                Votes withheld

                                                                                                                                                                     I.S.C. voted**
 01.  To receive the Report of the Directors and the audited accounts                 36,557,866                           99.94  20,523         0.06   36,578,389   27.63            240,257
 02.  To approve the Directors' Remuneration Policy.                                  36,218,287                           99.21  287,763        0.79   36,506,050   27.57            312,596
 03.  To approve the Directors' Remuneration Report                                   36,220,385                           99.30  256,014        0.70   36,476,399   27.55            342,247
 04.  To re-elect Sir Julian Berney Bt.                                               27,007,901                           73.88  9,546,779      26.12  36,554,680   27.61            263,966
 05.  To re-elect Mark Beddy                                                          26,747,752                           73.12  9,832,178      26.88  36,579,930   27.63            238,716
 06.  To re-elect Elizabeth Edwards                                                   27,945,175                           76.39  8,634,755      23.61  36,579,930   27.63            238,716
 07.  To appoint Ernst & Young LLP                                                    36,468,167                           99.69  111,763        0.31   36,579,930   27.63            238,716
 08.  To authorise the Directors to determine the remuneration of the Auditors to     36,531,399                           99.90  37,971         0.10   36,569,370   27.62            249,276
      the Company
 09.  To approve the Company's dividend policy                                        36,577,093                           99.98  6,537          0.02   36,583,630   27.63            235,016
 10.  To renew the authority to allot shares*                                         36,375,702                           99.48  189,743        0.52   36,565,445   27.62            253,201
 11.  To approve the disapplication of pre-emption rights*                            36,154,334                           98.90  400,551        1.10   36,554,885   27.61            263,761
 12.  To renew the authority to purchase own shares*                                  36,523,111                           99.81  68,505         0.19   36,591,616   27.64            227,030
 13.  To approve a general meeting, other than annual general meeting, may be called  35,890,048                           98.15  676,685        1.85   36,566,733   27.62            251,913
      on not less than 14 clear days notice*

 

*Resolutions 11 to 13 were passed as special resolutions. Copies of
resolutions 10, 11, 12 and 13 will be filed at Companies House.

**Issued share capital excluding treasury shares.

Shareholders are entitled to one vote per share. Votes withheld are not a vote
in law and are therefore not counted in the calculation of the percentages of
the votes cast for and against a resolution. Where shareholders appointed the
Chairman as their proxy with discretion as to voting, their votes were cast in
favour of the resolutions and their shares have been included in the "votes
for" column.

On the date of this announcement, the Company has a total of 133,734,686
ordinary shares of 10p each in issue, with 1,413,400 of those shares held in
Treasury. The total number of voting rights is 132,321,286.

The Board would like to thank shareholders for their engagement and support
ahead of the AGM and throughout the year. While most of the resolutions were
passed with significant majorities in favour, the Board notes that resolutions
4, 5 and 6 passed with majorities of less than 80.0%. Pursuant to provision 4
of the Association of Investment Companies' Corporate Governance Code (as also
set out in the UK Corporate Governance Code), the Board therefore undertakes
to seek to engage with the concerned shareholders in respect of these
resolutions to ensure their views are understood. A further update as to the
outcome of any engagement will be provided within six months of this AGM and
will be reported in the next annual report.

In accordance with UK Listing Rule 6.4.2, a copy of the resolutions passed,
other than resolutions concerning ordinary business, at today's AGM will be
submitted to the National Storage Mechanism and will be available for
inspection at National Storage Mechanism | FCA
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

Enquiries:

Jeff O'Dwyer

Schroder Real Estate Investment Management
Limited                  Tel: 020 7658 6000

 

Natalia de Sousa

Schroder Investment Management Limited
             Tel: 020 7658 6000

 

Dido Laurimore/Richard Gotla/Ollie Parsons

FTI Consulting
                                                Tel:
020 3727 1000

 

The Company has a primary listing on the London Stock Exchange and a secondary
listing on the JSE Limited.

 

JSE Sponsor

PSG Capital

 

The announcement above has also been released on the SENS system of the
Johannesburg Stock Exchange.

 

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  RAGUBVSRVRUOAAR