Business
Result of Annual General Meeting
Result of Annual General Meeting.
About this update from Schroder Real Estate Investment Trust Ltd
[{"type":"text","content":"\n \nSchroder Real Estate Investment Trust Limited (“the Companyâ€)\n\nRESULT OF ANNUAL GENERAL MEETING8 SEPTEMBER 2017\n\nAt the Annual General Meeting (“AGMâ€) of the Company held today all Ordinary Resolutions as set out in the AGM Notice dated 23 May 2017 (the “Noticeâ€) and sent to shareholders of the Company, were duly passed.\n\nDetails of the proxy voting results which should be read alongside the Notice are noted below:\n\n\n\nOrdinaryResolution\nFor\nDiscretion\nAgainst\nAbstain\n\n\n\n1\n173,962,216\n16,218\n65,213\n0\n\n\n\n2\n171,989,349\n16,218\n2,004,093\n33,987\n\n\n\n3\n172,096,101\n16,218\n1,931,328\n0\n\n\n\n4\n172,043,613\n16,218\n1,983,816\n0\n\n\n\n5\n173,855,658\n16,218\n171,771\n0\n\n\n\n6\n171,983,350\n10,318\n2,049,979\n0\n\n\n\n7\n173,854,849\n16,218\n172,580\n0\n\n\n\n8\n172,067,636\n16,218\n1,959,793\n0\n\n\n\n9\n173,981,526\n16,218\n11,916\n33,987\n\n\n\n10\n174,027,429\n16,218\n0\n0\n\n\n\nNote - A vote withheld is not a vote in law and has not been counted in the votes for and against a resolution.\n\nAt the same AGM noted above, the following Special Resolutions were also passed as detailed below:\n\nSPECIAL RESOLUTION 1:\n\nThat 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:\n\n(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;\n\n(b) the minimum price which may be paid for an ordinary share shall be 0.01p;\n\n(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;\n\n(d) such authority shall expire at the Annual General Meeting of the Company in 2018 unless such authority is varied, revoked or renewed prior to such date by ...