TIDMSOHO
RNS Number : 3637A
Triple Point Social Housing REIT
28 May 2019
28 May 2019
Triple Point Social Housing REIT plc
(the "Company" or, together with its subsidiaries, the
"Group")
RESULT OF ANNUAL GENERAL MEETING
The Board of Triple Point Social Housing REIT plc (ticker: SOHO)
is pleased to announce that at the Company's Annual General Meeting
held today, all resolutions were passed on a show of hands.
Resolutions 1 to 11 (inclusive) were proposed as ordinary
resolutions and resolutions 12 to 15 (inclusive) were proposed as
special resolutions. The proxy votes received prior to the meeting
were as follows:
Resolution Votes For % Votes Against % Total votes Total votes Votes Withheld*
validly cast as %
cast of issued
share capital
To receive and
adopt the Annual
Report and
accounts of the
Company
for the year
ended 31 December
1 2018 201,959,220 100.00 0 0.00 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To approve the
Directors'
Remuneration
2 Report 152,475,372 98.23 2,754,051 1.77 155,229,423 44.18 46,729,797
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To elect Tracey
Fletcher-Ray
as a Director of
3 the Company 201,892,541 99.97 66,679 0.03 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To re-elect
Christopher
Phillips
as a Director of
4 the Company 201,959,220 100.00 0 0.00 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To re-elect Ian
Reeves CBE as
a Director of the
5 Company 201,959,220 100.00 0 0.00 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To re-elect Peter
Coward as
a Director of the
6 Company 201,959,220 100.00 0 0.00 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To re-elect Paul
Oliver as a
Director of the
7 Company 201,959,220 100.00 0 0.00 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To re-appoint BDO
LLP as Auditors
8 of the Company 201,959,220 100.00 0 0.00 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To authorise the
Audit Committee
to determine the
Auditors'
9 remuneration 194,042,659 96.08 7,916,560 3.92 201,959,219 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To authorise the
Directors to
10 allot shares 201,915,588 99.98 43,632 0.02 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To authorise the
Directors to
declare and pay
all dividends
of the Company as
11 interim dividends 201,959,220 100.00 0 0.00 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To dis-apply
statutory
pre-emption
12 rights up to 5% 201,959,220 100.00 0 0.00 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To dis-apply
pre-emption
rights
up to a further
5% in connection
with an
acquisition or
specified
capital
13 investment 201,956,587 100.00 2,633 0.00 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To authorise the
Company to
purchase its own
14 shares 201,912,955 99.98 46,265 0.02 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
To authorise the
calling of
general meeting,
other than
an annual general
meeting, on
not less than 14
clear days'
15 notice 200,106,726 99.08 1,852,494 0.92 201,959,220 57.48 0
------------------ ------------ ------- -------------- ----- ------------ --------------- ----------------
* A vote withheld is not a vote in law and is not counted in the
calculation of the votes for or against a resolution.
Every shareholder has one vote for every Ordinary Share held. As
at 28 May 2019, the share capital of the Company consisted of
351,352,210 Ordinary Shares with voting rights. The Company does
not hold any shares in Treasury.
The full text of all the resolutions can be found in the Notice
of Annual General Meeting dated 28 March 2019, a copy of which is
available on the Company's website at
www.triplepointreit.com/investors
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: http://www.morningstar.co.uk/uk/nsm
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
Triple Point Investment Management Tel: 020 7201 8976
LLP
(Delegated Investment Manager)
James Cranmer
Ben Beaton
Max Shenkman
Justin Hubble
Akur Limited (Joint Financial Adviser) Tel: 020 7493 3631
Tom Frost
Anthony Richardson
Siobhan Sergeant
Canaccord Genuity Limited (Joint Tel: 020 7523 8000
Financial Adviser and Corporate
Broker)
Lucy Lewis
Denis Flanagan
Andrew Zychowski
The Company's LEI is 213800BERVBS2HFTBC58.
Further information on the Company can be found on its website
at www.triplepointreit.com.
NOTES:
The Company invests in primarily newly developed social housing
assets in the UK, with a particular focus on supported housing. The
assets within the portfolio are subject to inflation-adjusted,
long-term (typically from 20 years to 30 years), Fully Repairing
and Insuring ("FRI") leases with Approved Providers (being Housing
Associations, Local Authorities or other regulated organisations in
receipt of direct payment from local government). The portfolio
comprises investments into properties which are already subject to
an FRI lease with an Approved Provider, as well as forward funding
of pre-let developments but does not include any direct development
or speculative development.
There is increasing political and financial pressure on Housing
Associations to increase their housing delivery and this is
creating opportunities for private sector investors to participate
in the market. The Group's ability to provide forward financing for
new developments not only enables the Company to secure fit for
purpose, modern assets for its portfolio but also addresses the
chronic undersupply of suitable supported housing properties in the
UK at sustainable rents as well as delivering returns to
investors.
Triple Point Investment Management LLP (part of the Triple Point
Group) is responsible for management of the Group's portfolio (with
such functions having been delegated to it by Langham Hall Fund
Management LLP, the Company's alternative investment fund
manager).
The Company was admitted to trading on the Specialist Fund
Segment of the Main Market of the London Stock Exchange on 8 August
2017 and was admitted to the premium segment of the Official List
of the Financial Conduct Authority and migrated to trading on the
premium segment of the Main Market on 27 March 2018. The Company
operates as a UK Real Estate Investment Trust ("REIT") and is a
constituent of the FTSE EPRA/NAREIT index.
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
RAGCKFDBNBKDBPB
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