Last checked at 17 Mar 2016 13:28
17 March 2016
Empiric Student Property plc
("Empiric" or the "Company" or, together with its subsidiaries, the "Group")
RESULT OF GENERAL MEETING
The Board of Directors of Empiric Student Property plc (ticker: ESP) is pleased to announce that the Resolutions proposed at the General Meeting held earlier today in connection with the Share Issuance Programme were duly passed.
Full details of the Resolutions were set out in the circular published by the Company on 1 March 2016 (the "Circular").
Details of the proxies received from Shareholders in respect of each Resolution are set out below:
Resolution | For
| Percentage | Against | Percentage | Withheld |
1 | 208,968,543 | 99.40% | 1,257,511 | 0.60% | 29,921 |
2 | 207,396,844 | 98.65% | 2,829,210 | 1.35% | 29,921 |
Notes:
a) Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).
b) A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.
c) Any proxy appointments which gave discretion to the Chairman have been included in the "For" totals.
All capitalised terms in this announcement and not otherwise defined shall have the meaning given to them in the Circular. The Circular is available for inspection in electronic form on the Company's website, www.empiric.co.uk.
For further information on the Company, please contact:
Empiric Student Property plc | (via Newgate below) |
Paul Hadaway (Chief Executive) |
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Tim Attlee (Chief Investment Officer) |
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Michael Enright (Chief Financial Officer) |
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Akur Limited (Joint Financial Adviser) | Tel: 020 7493 3631 |
Tom Frost |
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Anthony Richardson |
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Siobhan Sergeant |
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Jefferies International Limited (Sponsor, Joint Financial Adviser and Sole Global Coordinator and Bookrunner) | Tel: 020 7029 8000 |
Gary Gould |
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Stuart Klein |
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David Watkins |
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Newgate (PR Adviser) | Tel: 020 7680 6550 |
James Benjamin | Em: empiric@newgatecomms.com |
Alex Shilov |
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Lydia Thompson |
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Further information on Empiric can be found on the Company's website at www.empiric.co.uk.
Notes:
Empiric Student Property plc is a leading provider and operator of modern, direct-let, premium student accommodation across the UK. Investing in both operating and development assets, the Company focuses on quality, with assets generally in prime central locations in top university cities and towns in the UK, attracting international students and/or those studying beyond first year, in particular, postgraduates. For the 2015/16 academic year, Empiric's customer base comprised 69% international students from 98 countries. 78% of the Company's customers were students beyond their first year of study.
The Company, an internally managed real estate investment trust ("REIT") incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.