TIDMGR1T
RNS Number : 6496P
Grit Real Estate Income Group
11 October 2019
GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered by continuation in the Republic
of Mauritius)
(Registration number: C128881 C1/GBL)
SEM share code: DEL.N0000
JSE share code: GTR
LSE share code: GR1T
ISIN: MU0473N00036
("Grit" or the "Company" or the "Group")
RESULT OF GENERAL MEETING
Shareholders are hereby advised that all of the resolutions
proposed at the General Meeting of the Company (the "GM") held
earlier today were duly passed by the requisite majorities of the
Company's shareholders.
The GM was held at 10:00 (Mauritian time) (08:00 South African
time and 07:00 United Kingdom time) today, Friday, 11 October 2019
at the offices of Intercontinental Fund Services Limited, Level 5,
Alexander House, 35 Cybercity, Ebène.
Details of the results of the voting at the GM are set out
below:
Votes for Votes against
resolution resolution Number of
as a percentage as a percentage shares voted Number of
of total of total at GM as shares abstained
Resolutions number of number of Number of a percentage as a percentage
proposed at shares voted shares voted shares voted of shares of shares
the GM at GM at GM at GM in issue in issue
Ordinary resolution
number 1: Specific
authority to
issue Shares
or sell treasury
Shares for
cash in terms
of the JSE
Listings Requirements
and the SEM
Rules 99.76% 0.24% 229,764,943 74.99% 0.19%
----------------- ----------------- -------------- -------------- ------------------
Special resolution
number 1: Authority
to disapply
pre-emption
rights in terms
of the Mauritian
Companies Act
and the Constitution 99.65% 0.35% 229,764,943 74.99% 0.19%
----------------- ----------------- -------------- -------------- ------------------
Ordinary resolution
number 2: Appointment
of a director
to the Board 99.76% 0.24% 229,765,483 74.99% 0.19%
----------------- ----------------- -------------- -------------- ------------------
Ordinary resolution
number 3: Directors'
authority 99.97% 0.03% 229,764,943 74.99% 0.19%
----------------- ----------------- -------------- -------------- ------------------
Note
Total number of shares in issue as at the date of the GM was
306,396,035.
By order of the Board
11 October 2019
FOR FURTHER INFORMATION PLEASE CONTACT:
Grit Real Estate Income Group Limited
Bronwyn Corbett, Chief Executive Officer +230 269 7090
Darren Veenhuis, Head of Investor Relations +44 779 512 3402
Morne Reinders, Investor Relations +27 82 480 4541
Maitland/AMO - Communications Adviser
James Benjamin +44 20 7379 5151
Vikki Kosmalska Grit-maitland@maitland.co.uk
Jason Ochere
finnCap Ltd - UK Financial Adviser
William Marle / Scott Mathieson / Matthew
Radley (Corporate Finance) +44 20 7220 5000
Mark Whitfeld (Sales) +44 20 3772 4697
Monica Tepes (Research) +44 20 3772 4698
Perigeum Capital Ltd - SEM Authorised Representative
and Sponsor
Shamin A. Sookia +230 402 0894
Kesaven Moothoosamy +230 402 0898
PSG Capital - JSE Sponsor and Corporate
Adviser
David Tosi +27 21 887 9602
The Company's LEI is: 21380084LCGHJRS8CN05
NOTES:
Grit Real Estate Income Group Limited is a leading pan-African
real estate company focused on investing in and actively managing a
diversified portfolio of assets in carefully selected African
countries (excluding South Africa). These high-quality assets are
underpinned by predominantly US$ and Euro denominated long-term
leases with a wide range of blue-chip multi-national tenant
covenants across a diverse range of robust property sectors.
The Company is committed to delivering strong and sustainable
income for shareholders, with the potential for income and capital
growth. The Company is targeting a net total shareholder return
inclusive of net asset value growth of 12.0%+ per annum.*
The Company currently holds primary listings on both the Main
Market of the London Stock Exchange (LSE: GR1T) and on the Main
Board of the Johannesburg Stock Exchange (JSE: GTR), while its
listing on the Official Market of the Stock Exchange of Mauritius
Ltd is termed as a secondary listing (SEM: DEL.N0000).
Further information on the Company is available at
http://grit.group/
* This is a target only and not a profit forecast and there can
be no assurance that it will be met. Any forward-looking statements
and the assumptions underlying such statements are the
responsibility of the Board of Directors and have not been reviewed
or reported on by the Company's external auditors
Directors:
Peter Todd(+) (Chairman), Bronwyn Corbett (Chief Executive
Officer)*, Leon van de Moortele (Chief Financial Officer)*, Ian
Macleod(+) , Nomzamo Radebe, Catherine McIlraith(+) , David Love(+)
, Sir Samuel Esson Jonah(+) , and Bright Laaka (Permanent Alternate
Director to Nomzamo Radebe)
(* Executive Director) ((+) independent Non-Executive
Director)
Company secretary: Intercontinental Fund Services Limited
Registered address: c/o Intercontinental Fund Services Limited,
Level 5, Alexander House, 35 Cybercity, Ebène, 72201, Mauritius
Transfer secretary (South Africa): Computershare Investor
Services Proprietary Limited
Registrar and transfer agent (Mauritius): Intercontinental
Secretarial Services Limited
Corporate advisor and JSE sponsor: PSG Capital Proprietary
Limited
Sponsoring Broker: Axys Stockbroking Ltd
SEM authorised representative and sponsor: Perigeum Capital
Ltd
This notice is issued pursuant to the LSE Listing Rules, JSE
Listings Requirements, SEM Listing Rule 11.3 and the Mauritian
Securities Act 2005. The Board of the Company accepts full
responsibility for the accuracy of the information contained in
this communiqué.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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