TIDMGR1T
RNS Number : 8716Y
Grit Real Estate Income Group
17 May 2021
GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered in Guernsey)
(Registration number: 68739)
LSE share code: GR1T
SEM share code: DEL.N0000
ISIN: GG00BMDHST63
LEI: 21380084LCGHJRS8CN05
("Grit" or the "Company" and, together with its
subsidiaries, the "Group" )
DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING
The board of directors (the "Board") of Grit Real Estate Income
Group Limited, a leading pan-African real estate company focused on
investing in and actively managing a diversified portfolio of
assets underpinned by predominantly US$ and Euro denominated
long-term leases with high quality multi-national tenants, wishes
to inform shareholders of the Company (the "Shareholders") that a
circular ("Circular") , also incorporating a notice convening a
general meeting of Shareholders ("General Meeting") will be
circulated and made available to Shareholders later today, 17 May
2021, setting out inter alia details regarding:
- Recommended proposals relating to the adoption of a new long-term incentive scheme;
- Approval of the amended remuneration policy;
- Receipt of the 2020 report and accounts;
- Authority to make market purchases of ordinary shares; and
- Disapplication of pre-emption rights.
Notice is hereby given that the General Meeting will be held on
17 June 2021 at 3(rd) Floor, La Croisette Shopping Centre, Grand-
Baie, Mauritius at 1.00 p.m. (Mauritian time) (10.00 a.m. UK time),
at this General Meeting Shareholders will be requested to consider
and, if deemed fit, to pass the resolutions set out in the notice
of General Meeting (deemed to form part of the Circular).
The Circular is available in English only. Copies may be
obtained during normal business hours from the registered office
address of the Company from 17 May 2021 until 16 June 2021 (both
days inclusive). A copy of the Circular will also be available on
the Company's website ( https://grit.group/documents-circulars/
).
By Order of the Board
17 May 2021
FOR FURTHER INFORMATION, PLEASE CONTACT:
Grit Real Estate Income Group Limited
Bronwyn Knight, Chief Executive Officer IR@Grit.group
Darren Veenhuis, Chief Strategy Officer
Maitland/AMO - Communications Adviser
James Benjamin +44 7747 113 930
Grit-maitland@maitland.co.uk
finnCap Ltd - UK Financial Adviser & Broker
William Marle/Giles Rolls/Teddy Whiley (Corporate
Finance) +44 20 7220 5000
Mark Whitfeld/Pauline Tribe (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
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 net total shareholder return
inclusive of NAV growth of 12.0% p.a.*
The Company currently holds a primary listing on the premium
segment of the Main Market of the London Stock Exchange (LSE: GR1T)
and a secondary listing on the Official Market of the Stock
Exchange of Mauritius Ltd (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 Knight (Chief
Executive Officer)*, Leon van de Moortele (Chief Financial
Officer)*, Jonathan Crichton(+) , Sir Samuel Esson Jonah(+) ,
Nomzamo Radebe, Catherine McIlraith(+) , David Love(+) , Cross
Kgosidiile(+) and Bright Laaka (Permanent Alternate Director to
Nomzamo Radebe).
(* Executive Director) ((+) independent Non-Executive
Director)
Company secretary : Intercontinental Fund Services Limited
Company secretary address : Level 5, Alexander House, 35
Cybercity, Ebene, 72201, Mauritius
Registered office address : PO Box 186, Royal Chambers, St
Julian's Avenue, St Peter Port, Guernsey, GY1 4HP
Registrar and transfer agent (Mauritius) : Intercontinental
Secretarial Services Ltd
Mauritian Sponsoring broker : Capital Markets Brokers Ltd
SEM authorised representative and sponsor : Perigeum Capital
Ltd
UK Transfer secretary : Link Assets Services Limited
This notice is issued pursuant to the FCA Listing Rules and SEM
Listing Rule 15.24 and the Mauritian Securities Act 2005. The Board
of the Company accepts full responsibility for the accuracy of the
information contained in this communiqué.
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END
MSCUBAURAUUVAAR
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