15 May 2019 11:39
15 May 2019
Impact Healthcare REIT plc
("Impact" or the "Company")
RESULT OF ANNUAL GENERAL MEETING
The Board of Impact Healthcare REIT plc (ticker: IHR) announces that at the Company's Annual General Meeting, held on 14 May 2019, all resolutions were duly passed on a show of hands and the results of the proxy votes received are set out below.
Resolutions 1 to 12 (inclusive) were proposed as ordinary resolutions and resolutions 13 to 16 (inclusive) were proposed as special resolutions.
Every shareholder has one vote for every Ordinary Share held. As at 8 April 2019, the share capital of the Company consisted of 192,206,831 Ordinary Shares with voting rights. The Company does not hold any shares in Treasury.
In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm
Resolution | Votes For* | % | Votes Against | % | Total votes validly cast | Total votes cast as % of issued share capital | Vote Withheld ** | |
1 | Receive annual accounts for period ended 31 December 2018 | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
2 | Approve directors' remuneration report | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
3 | Approve the company's dividend policy | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
4 | Re-elect Rupert Barclay as a director | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
5 | Re-elect Rosemary Boot as a director | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
6 | Re-elect Philip Hall as a director | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
7 | Re-elect Paul Craig as a director | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
8 | Elect Amanda Aldridge as a director | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
9 | To appoint BDO LLP as the Company's auditor | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
10 | To authorise the board of directors to determine the auditors remuneration | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
11 | To authorise the Directors to allot shares under section 551 Companies Act 2006 | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
12 | Subject to the passing of resolution 11, to authorise the Directors to allot additional shares under section 551 Companies Act 2006 | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
13 | Subject to the passing of resolution 11, to disapply statutory pre-emption rights under section 570 Companies Act 2006 | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
14 | Subject to the passing of resolution 12, to disapply statutory pre-emption rights under section 570 Companies Act 2006 | 90,631,791 | 99.91 | 79,334 | 0.09 | 90,711,125 | 47.19 | 0 |
15 | To authorise the Company to make market purchase of its own ordinary shares | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
16 | To permit general meetings to be called on 14 days' notice | 90,711,125 | 100 | 0 | 0 | 90,711,125 | 47.19 | 0 |
* Includes discretionary votes
** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
The Company's LEI is: 213800AX3FHPMJL4IJ53
Further information on Impact is available at www.impactreit.uk
NOTES:
Impact Healthcare REIT plc is a real estate investment trust ("REIT") which aims to provide shareholders with an attractive return, principally in the form of quarterly income distributions and with the potential for capital and income growth, through exposure to a diversified portfolio of UK healthcare real estate opportunities, in particular residential care homes. The Group's investment policy is to acquire, renovate, extend and redevelop high quality healthcare real estate assets in the UK and lease those assets primarily to healthcare operators providing residential healthcare services under full repairing and insuring leases.
The Company's intention is to pay a target dividend of 6.17 pence per share for the year to 31 December 20191.
The Company will seek to grow the target dividend in line with the inflation-linked rental uplifts received by the Group under the terms of the rent review provisions contained in the Group's leases in the prior financial year.
The Company's ordinary shares were admitted to trading on the main market of the London Stock Exchange, premium fund segment, on 8 February 2019.
¹ This is a target only and not a profit forecast. There can be no assurance that the target will be met and it should not be taken as an indicator of the Company's expected or actual results.
Impact Health (IHR)