Result of AGM
Source: RNS
12 July 2021
Urban Logistics REIT plc
("Urban Logistics" or the "Company")
Result of Annual General Meeting
The board of directors of Urban Logistics (AIM: SHED), the specialist UK logistics REIT, is pleased to announce that at the annual general meeting of the Company held earlier today all resolutions were duly passed on a show of hands.
The final proxy votes are as follows:
|
Resolution |
For |
% |
Against |
% |
Votes cast |
% of shares voted1 |
Withheld2 |
|
|
1 |
2021 Annual Report and Accounts |
132,410,019 |
99.99 |
1,707 |
0.00 |
132,416,896 |
100.00 |
0 |
|
2 |
Re-Election of Nigel Rich |
125,885,499 |
95.08 |
6,508,646 |
4.92 |
132,399,315 |
95.08 |
17,581 |
|
3 |
Re-Election of Jonathan Gray |
132,392,438 |
99.99 |
1,707 |
0.00 |
132,399,315 |
100.00 |
17,581 |
|
4 |
Re-Election of Bruce Anderson |
132,394,145 |
100.00 |
0 |
0.00 |
132,399,315 |
100.00 |
17,581 |
|
5 |
Re-Election of Richard Moffitt |
132,394,145 |
100.00 |
0 |
0.00 |
132,399,315 |
100.00 |
17,581 |
|
6 |
Re-Election of Mark Johnson |
132,392,438 |
99.99 |
1,707 |
0.00 |
132,399,315 |
100.00 |
17,581 |
|
7 |
Re-Election of Heather Hancock |
132,409,457 |
99.99 |
2,269 |
0.00 |
132,416,896 |
100.00 |
0 |
|
8 |
Appointment of Auditors |
132,397,454 |
100.00 |
300 |
0.00 |
132,402,924 |
100.00 |
13,972 |
|
9 |
Auditor's Remuneration |
132,397,454 |
99.99 |
13,588 |
0.01 |
132,416,212 |
99.99 |
684 |
|
10 |
Dividend policy |
132,400,145 |
100.00 |
0 |
0.00 |
132,405,315 |
100.00 |
11,581 |
|
11 |
Authority to allot shares |
131,704,400 |
99.48 |
689,745 |
0.52 |
132,399,315 |
99.48 |
17,581 |
|
12 |
Disapplication of pre-emption rights3 |
130,774,609 |
98.77 |
1,618,852 |
1.22 |
132,398,631 |
98.78 |
18,265 |
|
13 |
Disapplication of pre-emption rights3 |
130,774,347 |
98.77 |
1,619,114 |
1.22 |
132,398,631 |
98.78 |
18,265 |
|
14 |
Authority to purchase own shares3 |
132,397,342 |
99.99 |
2,119 |
0.00 |
132,404,631 |
100.00 |
12,265 |
|
15 |
Adoption of articles of association3 |
125,201,917 |
94.57 |
7,189,837 |
5.43 |
132,396,924 |
94.57 |
19.972 |
1 The number of ordinary shares in issue is 255,045,821 with each share carrying the right to one vote.
2 A vote withheld is not a vote in law and is not counted in the calculation of the percentage of votes for or against a resolution.
3 Special resolution requiring a 75% majority.
For further information contact:
|
Urban Logistics REIT plc
|
+44 (0)20 7591 1600 |
|
Buchanan - Financial PR Henry Wilson George Beale
|
+44 (0) 20 7466 5000 +44 (0) 7872 604453 +44 (0) 7788 528143 +44 (0) 7450 295099 |
|
Singer Capital Markets (formerly N+1 Singer) - Nominated Adviser and Joint Broker James Maxwell / Alaina Wong (Corporate Finance) Alan Geeves / James Waterlow / Sam Greatrex (Sales)
|
+44 (0)20 7496 3000 |
|
Panmure Gordon (UK) Limited - Joint Broker Chloe Ponsonby (Corporate Broking) Emma Earl (Corporate Finance) David Hawkins / Tom Scrivens (Sales) |
+44 (0)20 7886 2500
|
About Urban Logistics REIT
Urban Logistics REIT plc is a property investment company, quoted on the AIM market of the London Stock Exchange, (AIM: SHED).
The Company has been established to invest in UK-based logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let properties servicing high-quality tenants. Investment returns will be generated by an experienced management team focusing on quality stock selection and active asset management.
A number of structural and commercial factors currently support the attractive opportunity in the last mile/regional industrial and logistics real estate sub-sectors targeted by the Company, including: strong occupier demand, (driven by the growth of e-commerce and investment by retailers in their associated supply chain) and a decline in the supply of smaller sized lettable space in industrial and logistics real estate across the UK.
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