⌘K
t
Supermarket Income REIT PLC announced on 17 December 2024 that all 20 resolutions were passed on a poll at its Annual General Meeting, held on 16 December 2024. These resolutions, comprising 16 ordinary and 4 special resolutions, saw a total of 61.31% of the Company's issued share capital validly cast votes.
| Date | 17 Dec 2024 |
| Time | 07:00:03 |
| Category | AGMs and other meetings |
| ID | 3071Q |
17 December 2024
SUPERMARKET INCOME REIT PLC
(the "Company")
RESULT OF ANNUAL GENERAL MEETING
Supermarket Income REIT plc announces that at the Company's Annual General Meeting, held on 16 December 2024, all resolutions were passed on a poll and the results of the poll and proxy votes received are set out below.
Resolutions 1 to 16 were proposed as ordinary resolutions and resolutions 17 to 20 were proposed as special resolutions.
|
Resolution |
Votes For |
% |
Votes Against |
% |
Total votes validly cast |
Total votes cast as % of issued share capital |
Votes Withheld* |
|
|
1. |
To receive and adopt the Annual Report and accounts of the Company for the year ended 30 June 2024 |
763,291,084 |
99.99% |
40,742 |
0.01% |
764,064,677 |
61.31% |
732,851 |
|
2. |
To approve the Directors' Remuneration Report |
763,269,483 |
99.92% |
631,677 |
0.08% |
764,064,677 |
61.31% |
163,517 |
|
3. |
To approve the Directors' Remuneration Policy |
761,795,233 |
99.73% |
2,040,718 |
0.27% |
764,064,677 |
61.31% |
228,726 |
|
4. |
To approve the Company's dividend policy |
763,087,089 |
99.88% |
942,438 |
0.12% |
764,064,677 |
61.31% |
35,150 |
|
5. |
To approve the authority to offer a scrip dividend alternative |
763,881,080 |
99.99% |
90,862 |
0.01% |
764,064,677 |
61.31% |
92,735 |
|
6. |
To re-elect Nick Hewson as a Director of the Company |
746,016,513 |
97.66% |
17,870,086 |
2.34% |
764,064,677 |
61.31% |
178,078 |
|
7. |
To re-elect Jon Austen as a Director of the Company |
763,647,412 |
99.97% |
239,187 |
0.03% |
764,064,677 |
61.31% |
178,078 |
|
8. |
To re-elect Frances Davies as a Director of the Company |
759,423,031 |
99.42% |
4,466,466 |
0.58% |
764,064,677 |
61.31% |
175,180 |
|
9. |
To re-elect Vince Prior as a Director of the Company |
750,255,321 |
98.21% |
13,645,234 |
1.79% |
764,064,677 |
61.31% |
164,122 |
|
10. |
To re-elect Sapna Shah as a Director of the Company |
750,239,859 |
98.21% |
13,659,988 |
1.79% |
764,064,677 |
61.31% |
164,830 |
|
11. |
To re-elect Cathryn Vanderspar as a Director of the Company |
759,404,825 |
99.42% |
4,457,610 |
0.58% |
764,064,677 |
61.31% |
202,242 |
|
12. |
To re-appoint BDO LLP as Auditors of the Company |
733,377,712 |
99.96% |
290,169 |
0.04% |
764,064,677 |
61.31% |
30,396,796 |
|
13. |
To authorise the directors to determine the Auditors' remuneration |
762,769,921 |
99.97% |
223,319 |
0.03% |
763,118,119 |
61.23% |
124,879 |
|
14. |
To approve the amendments to the Company's Investment Objective and Policy |
750,335,505 |
98.60% |
10,688,697 |
1.40% |
763,123,119 |
61.23% |
2,098,917 |
|
15. |
To approve the entry into New Service Agreements |
758,545,249 |
99.99% |
99,088 |
0.01% |
763,123,119 |
61.23% |
4,478,782 |
|
16. |
To authorise the Company to purchase its own shares |
751,091,860 |
98.44% |
11,921,317 |
1.56% |
763,123,119 |
61.23% |
109,942 |
|
17. |
To authorise the disapplication of pre-emption rights under section 570 Companies Act 2006 |
749,305,225 |
98.44% |
11,880,763 |
1.56% |
763,123,119 |
61.23% |
1,937,131 |
|
18. |
To authorise the further disapplication of pre-emption rights under section 570 Companies Act 2006 |
706,706,542 |
92.62% |
56,277,652 |
7.38% |
763,123,119 |
61.23% |
138,925 |
|
19. |
To authorise the Company to make market purchases of its own ordinary shares |
750,276,474 |
98.34% |
12,635,193 |
1.66% |
763,123,119 |
61.23% |
211,452 |
|
20. |
To authorise the calling of general meetings, other than an annual general meeting, on not less than 14 clear days' notice |
740,499,831 |
97.04% |
22,572,958 |
2.96% |
763,123,119 |
61.23% |
50,330 |
*A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
Every shareholder has one vote for every Ordinary Share held. As at 16 December 2024, the issued share capital of the Company consisted of 1,246,239,185 Ordinary Shares. The Company holds no Ordinary Shares in treasury. Therefore, the total voting number of voting rights in the Company is 1,246,239,185 Ordinary Shares.
The full text of all the resolutions can be found in the Notice of Annual General Meeting dated 18 November 2024, a copy of which is available on the Company's website at AGM - Supermarket Income REIT
In accordance with UK Listing Rule 6.4.2 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: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
|
FOR FURTHER INFORMATION |
|
|
Atrato Capital Limited |
+44 (0)20 3790 8087 |
|
Rob Abraham / Mike Perkins / Chris McMahon |
|
|
|
|
|
Stifel Nicolaus Europe Limited |
+44 (0)20 7710 7600 |
|
Mark Young / Rajpal Padam / Madison Kominski |
|
|
|
|
|
Goldman Sachs International Tom Hartley / Hannah Mackey |
+44 (0)20 7774 1000 |
|
|
|
|
FTI Consulting |
+44 (0)20 3727 1000 |
|
Dido Laurimore / Eve Kirmatzis / Andrew Davis |
NOTES TO EDITORS:
Supermarket Income REIT plc (LSE: SUPR) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. The Company's supermarkets are let to leading supermarket operators in the UK and Europe, diversified by both tenant and geography.
The Company's assets earn long-dated, secure, inflation-linked, growing income. The Company targets a progressive dividend and the potential for capital appreciation over the longer term.
The Company is listed on the Closed-ended investment funds category of the FCA's Official List and its Ordinary Shares are traded on the LSE's Main Market.
Atrato Capital Limited is the Company's Investment Adviser.
Further information is available on the Company's website www.supermarketincomereit.com
LEI: 2138007FOINJKAM7L537
Stifel Nicolaus Europe Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for Supermarket Income REIT plc and no one else in connection with this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Stifel Nicolaus Europe Limited nor for providing advice in connection with the matters referred to in this announcement.
Goldman Sachs International, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom, is acting exclusively for Supermarket Income REIT plc and no one else in connection with this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Goldman Sachs International nor for providing advice in connection with the matters referred to in this announcement.