5 Dec 2014 13:22
Result of Annual General Meeting
GRN ID GRN LN
Dublin, London, 5 December 2014 | At the Annual General Meeting of Green REIT plc ("Green REIT" or the "Company") held today at The Conrad Dublin Hotel, Dublin 2, Ireland all of the resolutions considered and voted upon by the shareholders were duly passed.
The full text of each resolution was included in the notice of the meeting circulated to shareholders on 12 November 2014.
The results of the proxy votes received in advance of the meeting are reported below:
Resolution | Votes Total | For | % | Against | % | Vote Withheld* | |
1 | Consider the financial statements | 456,603,788 | 456,603,788 | 100.00% | 0 | 0.00% | 5,590 |
2 | Consider the Remuneration Report | 456,603,788 | 456,601,588 | 100.00% | 2,200 | 0.00% | 5,590 |
3 | Remuneration of Auditors | 456,603,788 | 456,085,042 | 99.89% | 518,746 | 0.11% | 5,590 |
4 | Election of Directors | ||||||
4.1 | Re-elect Stephen Vernon | 456,603,788 | 456,603,788 | 100.00% | 0 | 0.00% | 5,590 |
4.2 | Re-elect Jerome Kennedy | 455,996,873 | 455,994,673 | 100.00% | 2,200 | 0.00% | 612,505 |
4.3 | Re-elect Thom Wernink | 456,603,788 | 455,383,407 | 99.73% | 1,220,381 | 0.27% | 5,590 |
4.4 | Re-elect Gary Kennedy | 456,603,788 | 456,601,588 | 100.00% | 2,200 | 0.00% | 5,590 |
4.5 | Re-elect Pat Gunne | 456,603,788 | 456,603,788 | 100.00% | 0 | 0.00% | 5,590 |
4.6 | Re-elect Gary McGann | 456,603,788 | 456,603,788 | 100.00% | 0 | 0.00% | 5,590 |
5 | Amend the Company's Investment Policy | 456,583,788 | 456,583,788 | 100.00% | 0 | 0.00% | 25,590 |
6 | Authority of Directors to allot shares (Sect. 20) | 456,603,788 | 456,571,888 | 99.99% | 31,900 | 0.01% | 5,590 |
7 | Authority for disapplication of pre-emption rights (Sect. 23) | 456,603,788 | 456,575,788 | 99.99% | 28,000 | 0.01% | 5,590 |
8 | Authority for market purchases of Company's own shares | 456,603,788 | 456,583,788 | 100.00% | 20,000 | 0.00% | 5,590 |
9 | Authority to communicate information to shareholders electronically | 456,599,288 | 456,596,788 | 100.00% | 2,500 | 0.00% | 10,090 |
*A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for or against a resolution.
In accordance with the Listing Rules, copies of the resolutions passed at the AGM have been forwarded to both the Irish Stock Exchange and the UK's National Storage Mechanism and are available for inspection at the following locations:
Companies Announcement Office
Irish Stock Exchange
28 Anglesea Street
Dublin 2
Ireland
and
http://www.morningstar.co.uk/uk/NSM
Contacts
Green Property REIT Ventures (Investment Manager to the Company)
Niall O'Buachalla, COO
+353 (0) 1 2418400
FTI Consulting (IR and PR to the Company)
Dublin London
+353 (0) 1 6633686 +44 (0) 203 727 1000
Mark Kenny Giles Barrie
Jonathan Neilan Claire Turvey
Melanie Farrell
greenreit@fticonsulting.com
About Green REIT plc
Green REIT plc is an Irish Real Estate Investment Trust ("REIT") and is listed on the Irish and London Stock Exchanges. The Company was the first REIT established in Ireland following the introduction of REIT legislation by the Irish Government. The Company's stated strategy is to create a property portfolio consisting primarily of commercial property in Ireland to deliver income and capital growth through opportunistic investments, active property management and prudent use of debt finance. Please visit www.greenreitplc.com