SMP.L Regulatory News (SMP)

Date of issue: 14 April 2020

LEI: 213800WMV4WVES8TQH05

ST. MODWEN PROPERTIES PLC

 (the "Company")

Notice of reconvened 2020 Annual General Meeting

As previously announced, the Annual General Meeting ("AGM") of the Company which was due to be held at 10.00 a.m. on Friday, 27 March 2020 was adjourned due to the limitations imposed by the Covid-19 crisis on travel and gatherings of people.

The reconvened AGM will be held at 10.00 a.m. on Friday, 24 April 2020 at Park Point, 17 High Street, Longbridge, Birmingham, B31 2uQ as a closed meeting. Shareholders are reminded that, under the UK Government's Stay at Home Measures published on 23 March 2020, public gatherings of more than two people are not permitted. Accordingly, shareholders are reminded that they must not attend the reconvened AGM in person. Any shareholder seeking to attend the reconvened AGM will be refused entry to the meeting. The minimum quorum of two shareholders will be facilitated by the Company, in line with the UK Government's strict social distancing advice.

Voting

Proxy votes received for the original AGM convened in March will be valid for the reconvened AGM unless revoked. All valid proxy votes, whether submitted electronically or in hard copy form, will be included in the poll to be taken at the meeting.

Shareholders who have not yet voted but wish to do so are strongly encouraged to vote online by proxy and to appoint the Chair of the meeting as their proxy. Shareholders who have not yet voted can vote online by visiting the website of Equiniti, the Company's registrar at www.sharevote.co.uk or, for those shareholders who have a current portfolio registered with Equiniti by visiting www.shareview.co.uk. If shareholders who have not yet voted would prefer to return a hard copy form of proxy, proxy forms can be obtained from the Company's registrars, Equiniti. To be valid for the reconvened AGM, all votes must be received by Equiniti by 10.00 a.m. on Wednesday, 22 April 2020.

Shareholder questions

Shareholders are asked to submit any questions on the business to be dealt with at the reconvened AGM to the following email address: co-sec@stmodwen.co.uk in advance of the reconvened AGM. The Company Secretary will endeavour to respond to relevant shareholder queries after the reconvened AGM and, where appropriate, answers to the frequently asked questions will appear on the AGM section of the Company's website at www.stmodwen.co.uk.

Notice of reconvened AGM

The Notice of AGM for the reconvened meeting ("AGM Notice") has today been posted or made available to shareholders. A copy of the document has been submitted to the National Storage Mechanism viewing facility and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Both the Annual Report and AGM Notice can be viewed at, and downloaded from, the Company's website at www.stmodwen.co.uk.

For further information, please contact: