Real Est.cred Regulatory News (RECI)

Resolution

Votes for (including Discretionary)

Against

Withheld

Extraordinary Resolution

THAT, without prejudice to any authorities granted to the Directors at the annual general meeting on 18 September 2018, the Directors be and are hereby authorised to allot and issue equity securities (within the meaning of the Articles) for cash pursuant to article 5 of the Articles or by way of a sale of treasury shares as if article 6 of the Articles did not apply to any such allotment and issue, provided that this power shall be limited to the allotment and issue as described in the Prospectus of up to an aggregate number of 100 million New Ordinary Shares under the Placing Programme and that such disapplication authority shall expire on 2 November 2019, being the day after the end of the Placing Programme (unless previously renewed, varied or revoked by the Company in general meeting), save that the Company shall be entitled to make offers or agreements before the expiry of such power which would or might require equity securities to be allotted and issued after such expiry and the Directors shall be entitled to allot and issue equity securities pursuant to any such offer or agreement as if the power conferred hereby had not expired.

72,494,552

2,758,645

2,951

Cheyne Capital Management (UK) LLP

+44 (0)20 7968 7482

Nicole Von Westenholz (Investor Relations)

Liberum Capital Limited (Sponsor and Bookrunner)

+44 (0)20 3100 2222

Shane Le Prevost

Richard Crawley

Richard Bootle

Laura Hamilton