Company Announcements

GCP STUDENT LIVING PLC

("GCP Student" or the "Company", together with its subsidiaries the "Group")

LEI: 2138004J4ID66FK38H25

Result of Annual General Meeting

GCP Student Living, the UK's first REIT focused on student residential assets, is pleased to announce that, at the Annual General Meeting held today, all resolutions were passed on a poll, including the following resolutions:

Resolution 11 (ordinary resolution): To authorise the Directors to allot shares pursuant to section 551 of the Companies Act 2006.

Resolution 12 (special resolution): To authorise the Directors to allot shares for cash pursuant to sections 570 and 573 of the Companies Act 2006 otherwise than in accordance with statutory pre-emption rights.

Resolution 13 (special resolution): To authorise the Directors to make market purchases of the Company's own shares.

Resolution 14 (special resolution): To authorise the Directors to convene a general meeting on not less than 14 clear days' notice.

Resolution 15 (special resolution): To authorise the cancellation of the share premium account.

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

A copy of the full text of resolutions 11 to 15 will be 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:

Gravis Capital Management Limited                     +44 020 3405 8500

Nick Barker

Dion Di Miceli

Jeffries International Limited                                 +44 020 7029 8000

Neil Winward

Stuart Klein

Tom Yeadon           

Buchanan / Quill                                                      +44 020 7466 5000

Helen Tarbet           

Henry Wilson    

About GCP Student

The Company was the first student accommodation REIT in the UK, investing in modern, purpose-built, private student residential accommodation and teaching facilities.

Its investments are located primarily in and around London where the Investment Manager believes the Company is likely to benefit from supply and demand imbalances for student residential accommodation. GCP Student's property portfolio comprises eleven assets with c.4,100 beds, including one asset which is under construction. At 30 June 2020 its property portfolio was valued at £1.0 billion.