Last checked at 
13 Sep 2022 07:00
13 September 2022
Warehouse REIT plc
(the 'Company' or 'Warehouse REIT')
Result of Annual General Meeting
The Company is pleased to announce that, at the Annual General Meeting held yesterday, all the Resolutions were duly passed on a poll.
Resolutions 1 to 12 (inclusive) were passed as ordinary resolutions. Resolutions 13 to 16 (inclusive) were passed as special resolutions.
The Board would like to thank shareholders for their engagement and continued support. The Board notes that all the resolutions were passed with a majority in excess of 90%, other than Resolution 14 (the additional authority to disapply pre-emption rights for the purposes of acquisitions and capital investments), which was passed with a majority of 75.08%.
Resolution 14 followed the provisions of the Pre-Emption Group's Statement of Principles for the disapplication of pre-emption rights and reflects UK listed company market practice. The Board considers the flexibility afforded by this authority to be in the best interests of the Company. The Board confirms that it will consult and continue to engage with shareholders to obtain feedback on their concerns with respect to this resolution. The Company will publish an update on this engagement within six months of the AGM and a final summary will be included in the Company's annual report for the financial year ending 31 March 2023.
The results of each of the resolutions were as follows:
Resolutions | Votes For | %For | Votes Against | % Against | Votes at Chairman's Discretion | Votes Withheld |
Resolution 1 | 220,525,661 | 100.00% | 1,327 | 0.00% | 0 | 8,027 |
Resolution 2 | 220,336,218 | 99.97% | 66,906 | 0.03% | 0 | 131,891 |
Resolution 3 | 219,207,921 | 99.40% | 1,316,796 | 0.60% | 0 | 10,298 |
Resolution 4 | 218,375,608 | 99.03% | 2,149,109 | 0.97% | 0 | 10,298 |
Resolution 5 | 207,898,329 | 94.27% | 12,626,388 | 5.73% | 0 | 10,298 |
Resolution 6 | 219,891,821 | 99.71% | 632,896 | 0.29% | 0 | 10,298 |
Resolution 7 | 220,519,330 | 100.00% | 5,387 | 0.00% | 0 | 10,298 |
Resolution 8 | 220,509,661 | 99.99% | 15,056 | 0.01% | 0 | 10,298 |
Resolution 9 | 215,529,385 | 97.74% | 4,994,603 | 2.26% | 0 | 11,027 |
Resolution 10 | 220,504,804 | 99.99% | 19,184 | 0.01% | 0 | 11,027 |
Resolution 11 | 215,578,250 | 97.75% | 4,951,879 | 2.25% | 0 | 4,886 |
Resolution 12 | 213,214,013 | 96.69% | 7,289,550 | 3.31% | 0 | 31,452 |
Resolution 13 | 219,987,526 | 99.94% | 137,681 | 0.06% | 0 | 409,808 |
Resolution 14 | 165,263,187 | 75.08% | 54,862,020 | 24.92% | 0 | 409,808 |
Resolution 15 | 220,356,602 | 99.94% | 133,768 | 0.06% | 0 | 44,645 |
Resolution 16 | 213,926,179 | 97.01% | 6,600,809 | 2.99% | 0 | 8,027 |
Notes:
(i) Votes 'For' include those votes giving the Chairman discretion.
(ii) A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.
(iii) Full details of the resolutions are set out in the Notice of Annual General Meeting dated 5 August 2022, which is available on the Company's website at www.warehousereit.co.uk/investors/shareholder-information/.
(iv) In accordance with UK Listing Rule 9.6.2R, copies of all resolutions passed at the AGM, other than those concerning ordinary business, will be submitted to the UK Listing Authority and will, in due course, be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
Warehouse REIT plc via FTI Consulting
Tilstone Partners Limited Andrew Bird, Peter Greenslade | +44 (0) 1244 470 090 |
G10 Capital Limited (part of the IQ-EQ Group), as AIFM Maria Glew | +44 (0) 20 7397 5450 |
FTI Consulting (Financial PR & IR Adviser to the Company) Dido Laurimore, Richard Gotla, Ellie Perham-Marchant Further information on Warehouse REIT is available on its website: http://www.warehousereitplc.co.uk
| +44 (0) 20 3727 1000 |
About Warehouse REIT
Warehouse REIT plc invests in and manages urban and 'last-mile' industrial warehouse assets.
Our purpose is to own and manage warehouses in economically vibrant urban areas across the UK, providing the space our occupiers need for their businesses to thrive.
As we grow, our vision is to become the UK's warehouse provider of choice.
The Company is listed on the Main Market of the London Stock Exchange and is an alternative investment fund ("AIF") for the purposes of the AIFM Directive and as such is required to have an investment manager who is duly authorised to undertake the role of an alternative investment fund manager. The Investment Manager is currently G10 Capital Limited.
http://www.warehousereit.co.uk