21 Apr 2017 13:00
HANSTEEN HOLDINGS PLC
Proposed disposal of the German and Dutch portfolio for €1.28 billion
Announcement of the General Meeting poll results 21 April 2017
Hansteen Holdings PLC (the "Company") announces that at its General Meeting held today, the sole resolution set out in the Notice of the Meeting in relation to the Company's proposed disposal of its German and Dutch portfolios for €1.28 billion to entities owned by funds advised by affiliates of The Blackstone Group L.P. and M7 Real Estate (the "Buyer") was passed by shareholders by way of poll.
The Company is pleased to confirm that the Buyer has also obtained the approval of the German Federal Cartel Office to the transaction and completion of the transaction is still expected to occur before the end of June 2017.
The results of the poll for the sole resolution was as follows:
Resolution (No. as noted on proxy form) | Shares For | % | Shares Against | % | Shares Marked As Votes Withheld / Abstentions |
To approve the Transaction | 577,896,313 | 99.90 | 568,090 |
0.10 |
2,940,674 |
Notes:
1. Votes "For" and "Against" are expressed as a percentage of votes received.
2. A vote "withheld" is not a vote in law and is not counted in the calculation of the % of shares voted "For" or "Against" a resolution.
3. Total number of shares in issue at close of business on 19 April 2017 was 744,352,682 ordinary shares. Up to 78.11% of voting capital was instructed.
4. These proxy results will be available shortly on the Company's website at www.hansteen.co.uk.
Capita Company Secretarial Services Limited
Secretary
21 April 2017