24 July 2024
Urban Logistics REIT
plc
("Urban
Logistics" or the "Company")
Result of Annual General
Meeting
The board of directors of Urban
Logistics (LON: SHED), the specialist UK logistics REIT, is pleased
to announce that at the annual general meeting of the Company held
earlier today all resolutions were duly passed.
The results of the poll, including
the proxy voting, are as follows:
|
Resolution
|
For
|
%
|
Against
|
%
|
Votes
cast
|
% of
shares voted1
|
Withheld2
|
|
1
|
2024 Annual Report and
Accounts
|
310,163,348
|
99.95%
|
168,689
|
0.05%
|
310,332,037
|
65.75%
|
309,904
|
|
2
|
Directors' Remuneration
Report
|
310,430,973
|
99.96%
|
127,217
|
0.04%
|
310,558,190
|
65.80%
|
83,751
|
|
3
|
Re-Election of Nigel Rich
|
284,408,836
|
92.67%
|
22,484,038
|
7.33%
|
306,892,874
|
65.02%
|
3,749,067
|
|
4
|
Re-Election of Bruce
Anderson
|
305,657,410
|
98.40%
|
4,969,394
|
1.60%
|
310,626,804
|
65.81%
|
15,137
|
|
5
|
Re-Election of Richard
Moffitt
|
298,879,433
|
96.74%
|
10,082,224
|
3.26%
|
308,961,657
|
65.46%
|
1,680,284
|
|
6
|
Re-Election of Heather
Hancock
|
305,638,699
|
98.39%
|
4,988,105
|
1.61%
|
310,626,804
|
65.81%
|
15,137
|
|
7
|
Re-Election of Lynda
Heywood
|
305,612,837
|
98.39%
|
5,013,967
|
1.61%
|
310,626,804
|
65.81%
|
15,137
|
|
8
|
Election of Cherine
Aboulzelof
|
308,482,567
|
99.31%
|
2,145,764
|
0.69%
|
310,628,331
|
65.81%
|
13,610
|
|
9
|
Re-appointment of Auditor
|
310,618,517
|
100.00%
|
9,814
|
0.00%
|
310,628,331
|
65.81%
|
13,610
|
|
10
|
Auditor's Remuneration
|
310,594,847
|
99.99%
|
33,484
|
0.01%
|
310,628,331
|
65.81%
|
13,610
|
|
11
|
Dividend policy
|
310,626,517
|
100.00%
|
1,814
|
0.00%
|
310,628,331
|
65.81%
|
13,610
|
|
12
|
Authority to allot shares
|
307,113,614
|
98.87%
|
3,508,217
|
1.13%
|
310,621,831
|
65.81%
|
20,110
|
|
13
|
Disapplication of pre-emption
rights3
|
303,627,352
|
97.75%
|
7,001,452
|
2.25%
|
310,628,804
|
65.81%
|
13,137
|
|
14
|
Disapplication of pre-emption
rights3
|
300,609,365
|
96.77%
|
10,019,439
|
3.23%
|
310,628,804
|
65.81%
|
13,137
|
|
15
|
Authority to purchase own
shares3
|
303,997,904
|
98.03%
|
6,101,816
|
1.97%
|
310,099,720
|
65.70%
|
542,221
|
|
16
|
General meeting on short
notice3
|
302,670,667
|
97.44%
|
7,967,774
|
2.56%
|
310,638,441
|
65.82%
|
3,500
|
1 The number of ordinary shares in issue is 471,975,411 with
each share carrying the right to one vote.
2 A vote withheld is not a vote in law and is not counted in the
calculation of the percentage of votes for or against a
resolution.
3 Special resolution requiring a 75% majority.
A copy of Resolutions 12 to 16 will
be submitted to the National Storage Mechanism and will shortly be
available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
LEI: 213800P6ODJW2UFNDC37
|
For
further information contact:
|
|
|
Company Matters - Company Secretary
|
+44 (0)
333 300 1950
|
|
Urban Logistics REIT plc
Richard Moffitt
|
+44 (0) 20
7591 1600
|
|
Burson Buchanan
Helen Tarbet
Simon Compton
George Beale
|
+44 (0)
7872 604453
+44 (0)
7979 497324
+44 (0)
7450 295099
|
|
G10
Capital Limited (part of IQ-EQ) - AIFM
|
|
|
Graham Fletcher
About Urban Logistics
|
+44 (0) 20
397 5450
|
Urban Logistics REIT plc (LON: SHED)
is a FTSE 250 property investment company. The Company is the only
London listed REIT offering exposure to the specialist last mile /
last touch logistics sector, with a single-let tenant base which
delivers essential goods within the UK. The Company's strategy is
to invest in mid-sized logistics properties with the objective of
generating attractive dividends and capital returns through active
asset management and asset recycling to generate significant
valuation uplift.
Urban Logistics' investment adviser
team has significant experience in investing in the fast-growing
logistics sub-sector within the broader real estate market. The
team's ability to source important and strategically located
mid-sized single let properties, with high-quality tenants,
off-market at favourable terms, creates considerable value for
shareholders. Tenants include Amazon, XPO, DHL, Hermes, DPD, Boots,
Unipart (for NHS), Royal Mail and J Sainsbury Plc.
Buying well and pursuing additional
value enhancing asset management initiatives has driven the
Company's growth, enabling Urban Logistics to grow from a £10m
market cap company at IPO in April 2016 to a FTSE 250 constituent
with a portfolio valued at circa £1bn.
