18 Mar 2021 12:57
18 March 2021
DRUM INCOME PLUS REIT PLC
(the "Company")
LEI: 213800FG3PJGQ3KQH756
Result of Annual General Meeting
Drum Income Plus REIT plc, announces that at the Company's Annual General Meeting held today, all resolutions were passed on a poll and the results of the proxy votes received are set out below.
Resolutions 1 to 8 (inclusive) were proposed as ordinary resolutions and resolutions 9 to 11 (inclusive) were proposed as special resolutions.
Resolution | Votes For* | % | Votes Against | % | Total votes validly cast | Total votes cast as % of issued share capital | Vote Withheld ** | |
1 | Receive annual accounts for period ended 30 September 2020 | 7,251,861 | 100 | 0 | 0 | 7,251,861 | 18.98% | |
2 | Approve directors' remuneration report | 7,251,861 | 100 | 0 | 0 | 7,251,861 | 18.98% | |
3 | Approve the company's dividend policy | 7,251,861 | 100 | 0 | 0 | 7,251,861 | 18.98% | |
4 | Re-elect Hugh Little as a director | 7,251,861 | 100 | 0 | 0 | 7,251,861 | 18.98% | |
5 | Re-elect Andrew Laing as a director | 7,251,861 | 100 | 0 | 0 | 7,251,861 | 18.98% | |
6 | To reappoint PricewaterhouseCoopers LLP as auditor and authorise directors to determine the auditors remuneration | 7,251,861 | 100 | 0 | 0 | 7,251,861 | 18.98% | |
7 | Re-elect Alan Robertson a director | 7,251,861 | 100 | 0 | 0 | 7,251,861 | 18.98% | |
8 | To authorise the Directors to allot shares under section 551 Companies Act 2006 | 7,231,861 | 100 | 0 | 0 | 7,231,861 | 18.93% | 20,000 |
9 | Subject to the passing of resolution 8, to disapply statutory pre-emption rights under section 570 Companies Act 2006 | 7,231,861 | 100 | 0 | 0 | 7,231,861 | 18.93% | 20,000 |
10 | To authorise the Company to make market purchase of its own ordinary shares | 7,231,861 | 100 | 0 | 0 | 7,231,861 | 18.93% | 20,000 |
11 | To permit general meetings to be called on 14 days' notice | 7,231,661 | 100 | 200 | 0 | 7,231,861 | 18.93% | 20,000 |
* Includes discretionary votes
** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
Notes:
Every shareholder has one vote for every Ordinary Share held. As at 14 January 2021, the share capital of the Company consisted of 38,201,990 Ordinary Shares with voting rights. The Company does not hold any shares in Treasury.
In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Further information is available at https://www.dripreit.co.uk/