Urban Logistics REIT PLC Result of General Meeting (1384Z)
11 May 2023 - 9:08PM
UK Regulatory
TIDMSHED
RNS Number : 1384Z
Urban Logistics REIT PLC
11 May 2023
11 May 2023
Urban Logistics REIT plc
("Urban Logistics" or the "Company")
Result of General Meeting
The board of Directors of Urban Logistics (LON: SHED), the
specialist UK logistics REIT, is pleased to announce that at the
General Meeting of the Company held earlier today the resolution
was duly passed.
The results of the poll, including the proxy voting, are as
follows:
Resolution For % Against % Votes % of Withheld(2)
cast shares
voted(1)
Appointment
of Investment
1 Adviser 268,514,915 89.16 32,647,610 10.84 301,162,525 63.81 19,174
--------------- ------------ --------- ----------- ------ ------------ ---------- ------------
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.
- Ends -
Urban Logistics REIT plc
Nigel Rich +44 (0)20 7591 1600
Buchanan +44 (0)20 7466 5000
Helen Tarbet +44 (0) 7872 604453
Simon Compton +44 (0) 7979 497324
George Beale +44 (0) 7450 295099
---------------------
Singer Capital Markets - Joint Broker
James Maxwell / Alaina Wong / Oliver Platts
(Banking)
Alan Geeves / James Waterlow / Sam Greatrex
(Markets) +44 (0)20 7496 3000
---------------------
Panmure Gordon (UK) Limited - Joint Broker
David Watkins (Corporate Broking)
Emma Earl (Corporate Finance) +44 (0)20 7886 2500
---------------------
About Urban Logistics REIT
Urban Logistics REIT plc (LON: SHED) is a FTSE 250 property
investment company. The Company is the only London-listed REIT to
focus on specialist last mile / last touch logistics assets, with a
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.
Urban Logistics' investment management team, led by Richard
Moffitt, has significant experience in investing in the logistics
market within the broader real estate market. The team's ability to
source vital 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 GBP10m market cap company at IPO in
April 2016 to a FTSE 250 constituent.
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END
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