21 May 2024
Impact Healthcare REIT
plc
("Impact" or the
"Company")
Result of 2024 Annual General
Meeting
The Board of Impact Healthcare REIT
plc (ticker: IHR), the real estate investment trust which gives
investors exposure to a diversified portfolio of UK healthcare real
estate assets, in particular care homes, announces that at the
Company's 2024 Annual General Meeting held today, all resolutions
proposed at the AGM were voted on and passed by a poll by the
Company's shareholders and the results of the poll, including the
proxy votes received, are set out below.
Resolutions 1 to 14 (inclusive) were
proposed as ordinary resolutions and resolutions 15 to 18
(inclusive) 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
|
Receive the Annual Report and
Financial Statements Year 31 December 2023
|
253,990,339
|
98.07%
|
5,000,000
|
1.93%
|
258,990,339
|
62.50%
|
454,356
|
|
2
|
Approve the directors' remuneration
policy
|
259,266,401
|
99.98%
|
62,982
|
0.02%
|
259,329,383
|
62.58%
|
115,312
|
|
3
|
Approve the directors' remuneration
report
|
259,268,331
|
99.98%
|
61,052
|
0.02%
|
259,329,383
|
62.58%
|
115,312
|
|
4
|
Approve the Company's
Dividend Policy
|
259,439,371
|
100.00%
|
0
|
0.00%
|
259,439,371
|
62.61%
|
5,324
|
|
5
|
Re-elect Simon Laffin as a
director
|
253,685,324
|
99.99%
|
18,692
|
0.01%
|
253,704,016
|
61.23%
|
5,740,679
|
|
6
|
Re-elect Rosemary Boot a
director
|
259,323,378
|
99.95%
|
120,965
|
0.05%
|
259,444,343
|
62.61%
|
352
|
|
7
|
Re-elect Amanda Aldridge as a
director
|
256,397,863
|
98.83%
|
3,046,479
|
1.17%
|
259,444,342
|
62.61%
|
353
|
|
8
|
Re-elect Chris Santer as a
director
|
259,419,355
|
99.99%
|
24,988
|
0.01%
|
259,444,343
|
62.61%
|
352
|
|
9
|
Elect Cedi Frederick as a
director
|
259,427,432
|
99.99%
|
16,911
|
0.01%
|
259,444,343
|
62.61%
|
352
|
|
10
|
To re-appoint BDO LLP as the
Company's auditor
|
254,409,647
|
99.99%
|
26,900
|
0.01%
|
254,436,547
|
61.40%
|
5,008,148
|
|
11
|
To authorise the board of directors
to determine the auditors remuneration
|
259,431,918
|
100.00%
|
8,629
|
0.00%
|
259,440,547
|
62.61%
|
4,148
|
|
12
|
To authorise the continuation of the
Company
|
259,434,033
|
100.00%
|
1,810
|
0.00%
|
259,435,843
|
62.61%
|
8,852
|
|
13
|
To authorise the Directors to allot
shares under section 551 Companies Act 2006
|
259,375,339
|
99.98%
|
49,328
|
0.02%
|
259,424,667
|
62.61%
|
20,028
|
|
14
|
Subject to the passing of resolution
11, to authorise the Directors to allot additional shares under
section 551 Companies Act 2006
|
254,376,269
|
98.05%
|
5,048,398
|
1.95%
|
259,424,667
|
62.61%
|
20,028
|
|
15
|
Subject to the passing of resolution
12, to disapply statutory pre-emption rights under section 570
Companies Act 2006
|
240,489,252
|
92.70%
|
18,935,415
|
7.30%
|
259,424,667
|
62.61%
|
20,028
|
|
16
|
Subject to the passing of resolution
13, to disapply statutory pre-emption rights under section 570
Companies Act 2006
|
240,265,205
|
92.61%
|
19,167,961
|
7.39%
|
259,433,166
|
62.61%
|
11,529
|
|
17
|
To authorise the Company to make
market purchase of its own ordinary shares
|
252,974,475
|
97.52%
|
6,427,561
|
2.48%
|
259,402,036
|
62.60%
|
42,659
|
|
18
|
To permit general meetings to be
called on 14 days' notice
|
254,380,724
|
98.05%
|
5,063,617
|
1.95%
|
259,444,341
|
62.61%
|
354
|
Every shareholder has one vote for
every Ordinary Share held. As at close of business on 17 May 2024,
the share capital of the Company consisted of 414,368,169 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
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
* 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.
FOR
FURTHER INFORMATION, PLEASE CONTACT:
The Company's LEI is
213800AX3FHPMJL4IJ53.
NOTES:
Impact Healthcare REIT plc acquires,
renovates, extends and redevelops high quality healthcare real
estate assets in the UK and lets these assets on long-term full
repairing and insuring leases to high-quality established healthcare operators which offer good
quality care, under leases which provide
the Company with attractive levels of rent
cover.
The Company aims to provide
shareholders with an attractive sustainable return, principally in
the form of quarterly income distributions and with the potential
for capital and income growth, through exposure to a diversified
and resilient portfolio of UK healthcare real estate assets, in
particular care homes for the elderly.
The Company's dividend policy is to
maintain a progressive dividend that is covered by adjusted
earnings.
On this basis, the target total
dividend for the year ending 31 December
2024 is 6.95 pence per share*, a 0.18 pence increase over
the 6.77 pence in dividends paid or declared per ordinary share for
the year ended 31 December 2023.
The Group's Ordinary Shares trade on
the main market of the London Stock Exchange, premium segment. The
Company is a constituent of the FTSE EPRA/NAREIT index.
* 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.