Company Announcements

11 May 2020

Glenveagh Properties plc

Update regarding Annual General Meeting

Dublin/London, 11 May 2020: Glenveagh Properties plc ("Glenveagh" or the "Company") today announces the following arrangements and change of venue relating to its AGM to be held on 19 May 2020, in light of the Irish Government's extension of social distancing measures, the prohibition on non-essential travel and limitations on public gatherings in response to the COVID-19 crisis.

Change of AGM Venue

The venue of the AGM will be changed to the Company's registered office address at 15 Merrion Square, Dublin 2.

Shareholder Participation

The AGM will proceed with the minimum number of directors attending in person as necessary to establish a quorum. It will not be possible for shareholders to attend the AGM in person.

Shareholder participation at the AGM is valued by the Company, and shareholders are encouraged to use the proxy voting service and the methods explained below to ensure their vote counts, appointing the Chairman of the AGM as their proxy.

Proxy voting can be carried out in advance of the AGM through one of the following options:

-     electronically at www.eproxyappointment.com; or

-     by submitting the form of proxy by post; or

-     via the CREST system where shares are held in CREST.

Proxy votes must be received by 10:30am on 17 May 2020.

Shareholders can also submit questions relating to the business of the meeting in writing in advance of the meeting, to be received no later than Friday 15 May 2020, by sending an email to the Group Company Secretary at chloe.mccarthy@glenveagh.ie.

Questions submitted using this mechanism will be addressed by the Chair at the meeting where possible.

Further to the Company's Trading Statement of 7 May, that announcement replaces the scheduled trading update on the day of the Group's AGM.

Conference Facility

Shareholders can follow the proceedings of the AGM remotely by utilising a teleconference facility provided by the Company for this purpose. Shareholders will not be able to use this facility to vote, ask questions or table resolutions.

To register for the teleconference facility, and receive participant log-in details, please contact the Company Secretary at chloe.mccarthy@glenveagh.ie prior to 9am on Tuesday 19 May 2020.

Further Information

A copy of the original Notice of AGM and Form of Proxy are available on the Company's website at www.glenveagh.ie. The results of the poll relating to the resolutions tabled at the AGM will be published on the Company's website later on the day of the meeting.

For further information please contact:

Chloe McCarthy

Group Company Secretary

chloe.mccarthy@glenveagh.ie

Note to Editors

Glenveagh Properties plc, listed on Euronext Dublin and the London Stock Exchange, is a leading Irish homebuilder with a focus on strategically located developments in the Greater Dublin Area, Cork, Limerick and Galway.

Glenveagh delivers across three distinct business segments - Suburban, Urban and Partnerships - as a single business, capitalising on scale advantages and investing to optimise return on capital.

www.glenveagh.ie