26 Feb 2009 14:35
The Local Shopping REIT plc ("the Company") announces that at the Company's Annual General Meeting held on 26 February 2009 all resolutions put to the meeting were passed, as summarised below:
Resolution 1:
Receive and adopt the report of the directors and the Company's financial statements for the year ended 30 September 2008, together with the report of the auditors.
Resolution 2:
Approve the Directors' Remuneration Report for the year ended 30 September 2008.
Resolution 3:
Re-elect Michael Riley as a director of the Company.
Resolution 4:
Re-appoint KPMG Audit Plc as auditors to the Company and to authorise the directors to determine their remuneration.
Resolution 5:
Renew the directors' authority to allot securities.
Resolution 6:
Dis-apply Companies Act 1985 pre-emption procedures (Special Resolution).
Resolution 7:
Renew the directors' authority to purchase the Company's shares (Special Resolution).
Resolution 8:
Adopt new Articles of Association to conform with Companies Act 2006 (Special Resolution).
Resolution 9:
Amend the Articles of Association to increase the Company's borrowing powers to the equivalent of 75% of total assets (Special Resolution).
The full text of resolutions 5-9, being resolutions not constituting ordinary business of the meeting, have been forwarded to the Financial Services Authority for publication through the Document Viewing Facility located at:
Document Viewing Facility
UK Listing Authority
Financial Services Authority
25 The North Collonade
Canary Wharf
London E14 5HS
Copies of the full text of all the resolutions may be obtained from the Company's web site: www.localshoppingreit.co.uk.
Enquiries:
Bill Heaney
Company Secretary
020 7292 0333
END