Last checked at 
12 Jul 2021 12:41
12 July 2021
Urban Logistics REIT plc
("Urban Logistics" or the "Company")
Result of Annual General Meeting
The board of directors of Urban Logistics (AIM: SHED), the specialist UK logistics REIT, is pleased to announce that at the annual general meeting of the Company held earlier today all resolutions were duly passed on a show of hands.
The final proxy votes are as follows:
Resolution | For | % | Against | % | Votes cast | % of shares voted1 | Withheld2 | |
1 | 2021 Annual Report and Accounts | 132,410,019 | 99.99 | 1,707 | 0.00 | 132,416,896 | 100.00 | 0 |
2 | Re-Election of Nigel Rich | 125,885,499 | 95.08 | 6,508,646 | 4.92 | 132,399,315 | 95.08 | 17,581 |
3 | Re-Election of Jonathan Gray | 132,392,438 | 99.99 | 1,707 | 0.00 | 132,399,315 | 100.00 | 17,581 |
4 | Re-Election of Bruce Anderson | 132,394,145 | 100.00 | 0 | 0.00 | 132,399,315 | 100.00 | 17,581 |
5 | Re-Election of Richard Moffitt | 132,394,145 | 100.00 | 0 | 0.00 | 132,399,315 | 100.00 | 17,581 |
6 | Re-Election of Mark Johnson | 132,392,438 | 99.99 | 1,707 | 0.00 | 132,399,315 | 100.00 | 17,581 |
7 | Re-Election of Heather Hancock | 132,409,457 | 99.99 | 2,269 | 0.00 | 132,416,896 | 100.00 | 0 |
8 | Appointment of Auditors | 132,397,454 | 100.00 | 300 | 0.00 | 132,402,924 | 100.00 | 13,972 |
9 | Auditor's Remuneration | 132,397,454 | 99.99 | 13,588 | 0.01 | 132,416,212 | 99.99 | 684 |
10 | Dividend policy | 132,400,145 | 100.00 | 0 | 0.00 | 132,405,315 | 100.00 | 11,581 |
11 | Authority to allot shares | 131,704,400 | 99.48 | 689,745 | 0.52 | 132,399,315 | 99.48 | 17,581 |
12 | Disapplication of pre-emption rights3 | 130,774,609 | 98.77 | 1,618,852 | 1.22 | 132,398,631 | 98.78 | 18,265 |
13 | Disapplication of pre-emption rights3 | 130,774,347 | 98.77 | 1,619,114 | 1.22 | 132,398,631 | 98.78 | 18,265 |
14 | Authority to purchase own shares3 | 132,397,342 | 99.99 | 2,119 | 0.00 | 132,404,631 | 100.00 | 12,265 |
15 | Adoption of articles of association3 | 125,201,917 | 94.57 | 7,189,837 | 5.43 | 132,396,924 | 94.57 | 19.972 |
1 The number of ordinary shares in issue is 255,045,821 with each share carrying the right to one vote.
2 A vote withheld is not a vote in law and is not counted in the calculation of the percentage of votes for or against a resolution.
3 Special resolution requiring a 75% majority.
For further information contact:
Urban Logistics REIT plcRichard Moffitt
| +44 (0)20 7591 1600 |
Buchanan - Financial PRHelen Tarbet Henry Wilson George Beale
| +44 (0) 20 7466 5000 +44 (0) 7872 604453 +44 (0) 7788 528143 +44 (0) 7450 295099 |
Singer Capital Markets (formerly N+1 Singer) - Nominated Adviser and Joint Broker James Maxwell / Alaina Wong (Corporate Finance) Alan Geeves / James Waterlow / Sam Greatrex (Sales)
| +44 (0)20 7496 3000 |
Panmure Gordon (UK) Limited - Joint Broker Chloe Ponsonby (Corporate Broking) Emma Earl (Corporate Finance) David Hawkins / Tom Scrivens (Sales) | +44 (0)20 7886 2500
|
About Urban Logistics REIT
Urban Logistics REIT plc is a property investment company, quoted on the AIM market of the London Stock Exchange, (AIM: SHED).
The Company has been established to invest in UK-based logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let properties servicing high-quality tenants. Investment returns will be generated by an experienced management team focusing on quality stock selection and active asset management.
A number of structural and commercial factors currently support the attractive opportunity in the last mile/regional industrial and logistics real estate sub-sectors targeted by the Company, including: strong occupier demand, (driven by the growth of e-commerce and investment by retailers in their associated supply chain) and a decline in the supply of smaller sized lettable space in industrial and logistics real estate across the UK.