TIDMSOHO
RNS Number : 7252Y
Triple Point Social Housing REIT
14 May 2021
14 May 2021
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 voted on by way of a poll and were
passed by shareholders.
Resolutions 1 to 12 (inclusive) were proposed as ordinary
resolutions and resolutions 13 to 16 (inclusive) were proposed as
special resolutions. The results of the poll 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 2020 287,517,021 100.00 0 0.00 287,517,021 71.38% 497,934
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To approve the
Directors'
Remuneration
2 Report 282,385,621 98.22 5,125,111 1.78 287,510,732 71.38% 504,223
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To approve the
Directors'
Remuneration
3 Policy 281,378,243 97.87 6,132,489 2.13 287,510,732 71.38% 504,223
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To re-elect
Christopher
Phillips
as a Director
4 of the Company 285,402,267 99.14 2,471,379 0.86 287,873,646 71.47% 141,309
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To re-elect Ian
Reeves CBE
as a Director
5 of the Company 287,865,395 100.00 8,251 0.00 287,873,646 71.47% 141,309
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To re-elect
Peter Coward as
a Director of
6 the Company 287,865,395 100.00 8,251 0.00 287,873,646 71.47% 141,309
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To re-elect
Paul Oliver as
a Director of
7 the Company 287,865,395 100.00 8,251 0.00 287,873,646 71.47% 141,309
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To re-elect
Tracey
Fletcher-Ray
as a Director
8 of the Company 287,865,395 100.00 8,251 0.00 287,873,646 71.47% 141,309
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To re-appoint
BDO LLP as
Auditors
9 of the Company 287,865,395 100.00 8,251 0.00 287,873,646 71.47% 141,309
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To authorise
the Audit
Committee
to determine
the Auditors'
10 remuneration 286,866,268 100.00 8,251 0.00 286,874,519 71.22% 1,140,436
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To authorise
the Directors
11 to allot shares 286,536,958 99.54 1,336,688 0.46 287,873,646 71.47% 141,309
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To authorise
the Directors
to declare and
pay all
dividends
of the Company
as interim
12 dividends 287,608,645 99.91 254,636 0.09 287,863,281 71.47% 151,674
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To dis-apply
statutory
pre-emption
13 rights up to 5% 282,713,555 98.33 4,793,101 1.67 287,506,656 71.38% 508,299
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To dis-apply
pre-emption
rights
up to a further
5% in
connection
with an
acquisition or
specified
capital
14 investment 278,308,510 96.80 9,187,363 3.20 287,495,873 71.38% 519,082
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To authorise
the Company to
purchase its
15 own shares 274,013,692 95.19 13,854,400 4.81 287,868,092 71.47% 146,863
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
To authorise
the calling of
general
meetings, other
than
an annual
general
meeting,
on not less
than 14 clear
days'
16 notice 282,957,400 98.30 4,899,174 1.70 287,856,574 71.47% 158,381
---------------- ------------ ------- -------------- ----- ------------ ---------------- -----------------
*Excluding treasury shares.
**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 14 May 2021, the issued share capital of the Company consisted
of 403,239,002 Ordinary Shares. The Company holds 450,000 Ordinary
Shares in treasury, which do not carry voting rights. Therefore,
the total voting number of voting rights in the Company is
402,789,002 Ordinary Shares.
The full text of all the resolutions can be found in the Notice
of Annual General Meeting dated 4 March 2021, a copy of which is
available on the Company's website at
https://www.triplepointreit.com/investors/72/ .
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:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
Triple Point Investment Management Tel: 020 7201 8989
LLP
(Investment Manager)
Max Shenkman
Isobel Gunn-Brown
Freddie Cowper-Coles
Akur Capital (Joint Financial Adviser) Tel: 020 7493 3631
Tom Frost
Anthony Richardson
Siobhan Sergeant
Stifel (Joint Financial Adviser Tel: 020 7710 7600
and Corporate Broker)
Mark Young
Mark Bloomfield
Rajpal Padam
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-linked,
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 pressure and social need to
increase housing supply across the UK which is creating
opportunities for private sector investors to help deliver this
housing. The Group's ability to provide forward funding 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.
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.
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END
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