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27 Jan 2017 11:47
For immediate release
Industrial Multi Property Trust PLC
Results of Extraordinary General Meeting
Industrial Multi Property Trust PLC (the "Company") announces the results of the votes on the resolution which was considered on a poll at the Extraordinary General Meeting of Shareholders held today, 27 January 2017.
The resolution, requisitioned by Alpha Real Trust Limited, was passed with 65.68% of the votes cast in favour of the resolution. Accordingly, in the event of a proposed disposal of more than 50 per cent. of the Company's assets, the Company will first seek shareholder approval.
Details of the votes For and Against the resolution are detailed in the table below:
Requisitioned Resolution | Votesfor | % | Votesagainst | % | Withheld |
Resolution 1 - THAT the Company be required to obtain shareholder approval for a disposal of more than 50 per cent. of the Company's assets having provided shareholders with disclosure of all the material terms of the transaction. | 2,394,013 | 65.68 | 1,250,766 | 34.32 | 5,296 |
Notes
1. Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).
2. 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.
For further information, please contact:
Philip ScalesDirector, Industrial Multi Property Trust PLC+44 (0) 1624 681250
Alastair Moreton
Financial Adviser and Broker, Stockdale Securities Limited
+44 (0) 20 7601 6118
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