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Residential Secure Income plc shareholders passed all six resolutions by way of a poll at a General Meeting held on 8 July 2026, with 'For' votes ranging from 98.72% to 99.16% and representing 58.56% of the issued share capital. These approved resolutions included the adoption of new articles, a new investment policy, the authorization to distribute 66,103,233 ordinary shares in Social Housing REIT plc, and to allot preference shares up to an aggregate nominal amount of £60,000,000.
| Date | 8 Jul 2026 |
| Time | 17:08:00 |
| Category | AGMs and other meetings |
| ID | 5894L |
8 July 2026
Residential Secure Income plc
Result of General Meeting
LEI: 213800D24WA531LAR763
Residential Secure Income plc ("ReSI" or the "Company") (LSE: RESI) is pleased to announce that all of the resolutions put to the shareholders at a General Meeting held earlier today, Wednesday, 8 July 2026, were passed by way of a poll.
The full text of all the resolutions is contained in the notice of meeting in the circular to Shareholders of the Company dated 19 June 2026.
Resolutions 1 to 2 (inclusive) were passed as special resolutions and resolutions 3 to 6 (inclusive) were passed as ordinary resolutions.
The proxy votes received were as follows:
|
Resolution |
Votes For & Discretionary |
For & Discretionary (%) |
Votes Against |
Against (%) |
Votes Withheld* |
Total Votes Cast (excl. votes withheld) |
% of Issued Share Capital Voted** (excl. votes withheld) |
|
Resolution 1 That the draft articles of association produced to the meeting and initialed by the chairman of the meeting be approved and adopted as the new articles of association of Residential Secure Income plc (the "Company") in substitution for, and to the exclusion of, the existing articles of association of the Company to take effect immediately. |
107,401,621 |
99.05 |
1,027,838 |
0.95 |
13,525 |
108,429,459 |
58.56 |
|
Resolution 2 That, subject to the confirmation of the High Court of Justice in England and Wales, the share premium account of the Company be cancelled. |
107,401,342 |
99.06 |
1,023,352 |
0.94 |
18,290 |
108,424,694 |
58.56 |
|
Resolution 3 That the Company adopt the New Investment Policy, as set out in Part 2 of the circular to Shareholders of the Company dated 19 June 2026 (the "Circular"). |
107,431,958 |
99.08 |
998,514 |
0.92 |
12,512 |
108,430,472 |
58.56 |
|
Resolution 4 That conditional on the passing of Resolution 3 above and completion of the Retirement Disposal (as defined in the Circular), and upon and subject to the recommendation and approval of the directors of the Company, the Company makes an interim distribution in specie of 66,103,233 ordinary shares of £0.01 each in the capital of Social Housing REIT plc.
|
107,494,206 |
99.16 |
915,793 |
0.84 |
32,985 |
108,409,999 |
58.56 |
|
Resolution 5 That conditional upon the passing of Resolution 1, the directors of the Company be authorised pursuant to article 167 of the articles of association of the Company to capitalise from time to time any sum or sums standing to the credit of any reserve of the Company, and to apply such sum or sums in paying up in full up to 6,000,000,000 unlisted, redeemable, fixed rate preference shares of £0.01 each in the capital of the Company.
|
107,422,452 |
99.07 |
1,008,020 |
0.93 |
12,512 |
108,430,472 |
58.56 |
|
Resolution 6 That conditional upon the passing of Resolutions 1 and 5, the Directors be generally authorised in accordance with section 551 of the Companies Act 2006 to allot and issue, from time to time, fully paid, unlisted redeemable, fixed rate preference shares of £0.01 each in the capital of the Company up to an aggregate nominal amount of £60,000,000, to holders of ordinary shares (excluding treasury shares) on a pro rata basis, in accordance with the Circular. |
107,046,943 |
98.72 |
1,383,516 |
1.28 |
12,525 |
108,430,459 |
58.56 |
|
*Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution. **Total voting rights of the shares in issue excluding Treasury shares: 185,163,281 |
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At the date of the above meeting, the Company's issued share capital comprised of 185,163,281 Ordinary Shares (excluding Treasury Shares) with each Ordinary Share carrying one voting right. The Company also holds 8,985,980 Ordinary Shares in Treasury.
The full text of the Resolutions can be found in the Circular published on 19 June 2026, which has previously been submitted to the National Storage Mechanism and is available on the Company's website.
FOR FURTHER INFORMATION, PLEASE CONTACT:
|
Computershare Company Secretarial Services Limited Company Secretary |
+44 74840 80777
|