Schroder Real Regulatory News (SREI)

SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED - Result of AGM

PR Newswire

London, September 9

Schroder Real Estate Investment Trust Limited (“the Company”)

RESULT OF ANNUAL GENERAL MEETING9 SEPTEMBER 2016

At the Annual General Meeting (“AGM”) of the Company held today all Ordinary Resolutions as set out in the AGM Notice dated 10 June 2016 (the “Notice”) and sent to shareholders of the Company, were duly passed.

Details of the proxy voting results which should be read alongside the Notice are noted below:

Note - A vote withheld is not a vote in law and has not been counted in the votes for and against a resolution.

At the same AGM noted above, the following Special Resolutions were also passed as detailed below:

SPECIAL RESOLUTION 11:

That the Company be authorised, in accordance with section 315 of The Companies (Guernsey) Law, 2008, as amended (the "Companies Law"), to make market acquisitions (within the meaning of section 316 of the Companies Law) of ordinary shares in the capital of the Company ("ordinary shares"), provided that:

(a) the maximum number of ordinary shares hereby authorised to be purchased shall be 14.99% of the issued ordinary shares on the date on which this resolution is passed;

(b) the minimum price which may be paid for an ordinary share shall be 0.01p;

(c) the maximum price (exclusive of expenses) which may be paid for an ordinary share shall be 105% of the average of the middle market quotations on the relevant market where the repurchase is carried out for the ordinary shares for the five business days immediately preceding the date of a purchase;

(d) such authority shall expire at the Annual General Meeting of the Company in 2017 unless such authority is varied, revoked or renewed prior to such date by ordinary resolution of the Company in general meeting; and

(e) the Company may make a contract to purchase ordinary shares under such authority prior to its expiry which will or may be executed wholly or partly after its expiration and the Company may make a purchase of ordinary shares pursuant to any such contract.

SPECIAL RESOLUTION 12:

That the Directors of the Company be and are hereby empowered to allot ordinary shares of the Company for cash as if the pre-emption provisions contained under Article 13 of the Articles of Incorporation did not apply to any such allotments and to sell ordinary shares which are held by the Company in treasury for cash on a non-pre-emptive basis provided that this power shall be limited to the allotment and sales of ordinary shares:

(a) up to such number of ordinary shares as is equal to 10% of the ordinary shares in issue on the date on which this resolution is passed;

(b) at a price of not less than the net asset value per share as close as practicable to the allotment or sale;

provided that such power shall expire on the earlier of the Annual General Meeting of the Company in 2017 or on the expiry of 15 months from the passing of this Special Resolution, except that the Company may before such expiry make offers or agreements which would or might require ordinary shares to be allotted or sold after such expiry and notwithstanding such expiry the Directors may allot or sell ordinary shares in pursuance of such offers or agreements as if the power conferred hereby had not expired.

EXTRAORDINARY RESOLUTION 13:

That the Articles of Incorporation produced to the meeting and initialed by the chairman of the meeting for the purpose of identification be adopted as the Company’s Articles of Incorporation in substitution for and to the exclusion of the existing Articles of Incorporation.

Details of the proxy voting results which should be read alongside the Notice are noted below:

Note - A vote withheld is not a vote in law and has not been counted in the votes for and against a resolution.

Enquiries:

Company website: www.srei.co.uk

Samuel WaldenNorthern Trust International Fund Administration Services (Guernsey) Limited