Business
Result of General Meeting 5 April 2019
Result of General Meeting 5 April 2019.
About this update from Alina Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 3380V Local Shopping REIT (The) PLC 05 April 2019 \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY (IN WHOLE OR IN PART), IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION.\n \nFOR IMMEDIATE RELEASE\n \nThe Local Shopping REIT plc (\"the Company\")\n \nResult of General Meeting held on 5 April 2019\n \n5 April 2019\n \nThe board of directors of the Company (the \"LSR Board\") is pleased to announce that the ordinary resolution proposed at the general meeting of the Company held this morning was duly passed. Voting on the resolution, which was by way of a poll, was as follows: \n \n\n\n\nResolution\n \n \n\n\nFor\n\n\nAgainst\n\n\nTotal votes validly cast*\n\n\nTotal votes cast as % of shares in issue\n\n\nNo. of Votes Withheld\n\n\n\n\nNo. of Votes\n\n\n% of votes cast\n\n\nNo. of Votes\n\n\n% of votes cast\n\n\n\n\nAuthorise the directors to take action to liquidate the Company\n \n\n\n37,017,874\n\n\n63.63%\n\n\n21,158,429\n\n\n36.37%\n\n\n58,176,303\n\n\n70.51%\n\n\nnil\n\n\n\n \n*Excluding votes withheld.\n \nAs at 6:30pm on 3 April 2019, being the record date for the General Meeting, the total number of shares in issue (excluding shares held in treasury) was 82,505,853.\n \nThe full text of the resolution was as follows:\n \n\"THAT, subject to the offer made by Thalassa Holdings Ltd (\"Thalassa\") to acquire all of the issued and to be issued ordinary shares in LSR (other than those held by Thalassa or members of its group) on the terms and subject to the conditions set out in the offer document and the form of acceptance relating to such offer lapsing or being withdrawn, the directors of the Company (or a duly authorised committee thereof) be authorised to take all such actions as they may consider necessary or appropriate to liquidate the Company and thus achieve the mandated outcome of the Company's investment policy as approved in general meeting on 25 July 2013, including (without limitation) if necessary to present a petition to the Business and Property Courts of England and Wales for the winding-up of the Company.\"\n \nThe LSR Board notes that, excluding the votes cast by Thalassa, 99.63%...