UK Comm Prop REIT Ltd Result of Annual General Meeting

 
TIDMUKCM 
 
UK Commercial Property REIT Limited 
  (An authorised closed-ended investment scheme incorporated in Guernsey with 
                          registration number 45387) 
 
                       LEI Number: 213800JN4FQ1A9G8EU25 
                                (The "Company") 
 
                                  16 JUNE2022 
 
                       RESULT OF ANNUAL GENERAL MEETING 
 
At the Annual General Meeting of the Company held today, all Resolutions set 
out in the Annual General Meeting Notice sent to Shareholders dated 6 May 2022 
were duly passed on a show of hands. 
 
Details of the proxy voting results which should be read alongside the Notice 
are noted below: 
 
   Ordinary            For            Discretion         Against        Abstain 
  Resolution                       (voted in favour) 
 
       1          1,028,074,410         10,150              0          2,013,441 
 
       2          1,030,076,513         10,150              0           11,338 
 
       3          1,029,897,131         10,150           176,223        14,497 
 
       4          1,029,842,871         65,150           176,031        13,949 
 
       5          1,030,012,754         10,150           28,241         46,856 
 
       6          1,030,047,532         10,150           28,433         11,886 
 
       7          1,024,656,165         10,150          5,391,743       39,943 
 
       8          1,021,049,102         10,150           107,963       8,930,786 
 
       9          1,024,654,945         10,150          5,391,743       41,163 
 
      10          1,022,300,030         10,650          7,747,378       39,943 
 
      11          1,024,577,753         65,150          5,414,655       39,943 
 
    Special            For            Discretion         Against        Abstain 
  Resolution                       (voted in favour) 
 
      12          1,029,938,139         10,150           59,880         89,832 
 
      13          1,019,730,211         10,150          9,801,020       556,620 
 
Note - A vote withheld is not a vote in law and has not been counted in the 
votes for and against a resolution. 
 
The Special Resolutions were as follows: 
 
Special Resolution 12 
 
THAT the Directors of the Company be and they are hereby generally empowered, 
to allot ordinary shares in the Company or grant rights to subscribe for, or to 
convert securities into, ordinary shares in the Company ("equity securities"), 
for cash including by way of a sale of ordinary shares held by the Company as 
treasury shares, as if any pre-emption rights in relation to the issue of 
shares as set out in the listing rules made by the Financial Conduct Authority 
under Part VI of the Financial Services and Markets Act 2000 (as amended) did 
not apply to any such allotment of equity securities, provided that this power: 
 
(a)   expires at the conclusion of the next Annual General Meeting of the 
Company after the passing of this resolution or on the expiry of 15 months from 
the passing of this resolution, whichever is the earlier, save that the 
Company, may before such expiry, make an offer or agreement which would or 
might require equity securities to be allotted after such expiry and the 
Directors may allot equity securities in pursuance of any such offer or 
agreement as if the power conferred hereby had not expired; and 
 
(b)   shall be limited to the allotment of equity securities up to an aggregate 
nominal value of £32,485,312 being approximately 10 per cent of the nominal 
value of the issued share capital of the Company (including treasury shares), 
as at 31 March 2022, 
 
Special Resolution 13 
 
IT WAS RESOLVED THAT the Company, be authorised in accordance with section 315 
of The Companies (Guernsey) Law, 2008, as amended, ('the Law') to make market 
acquisitions within the meaning of section 316(I) of the Law of its own 
ordinary shares of 25p each ("shares") (either for retention as treasury shares 
for future resale or transfer or cancellation), provided that: 
 
(a)   the maximum number of shares hereby authorised to be acquired shall be 
equal to 14.99 per cent of the Company's issued share capital on the date on 
which this resolution is passed: 
 
(b)   the minimum price (exclusive of expenses) which may be paid for a share 
is 25p, being the nominal value per share; 
 
(c)   the maximum price (exclusive of expenses) which may be paid for a share 
shall not be more than the higher of (i) an amount equal to 105 per cent of the 
average of the middle market quotations for a share taken from the London Stock 
Exchange's Daily Official List for the five business days immediately preceding 
the day on which the share is purchased and (ii) the higher of the last 
independent trade and the highest current independent bid on the London Stock 
Exchange; 
 
(d)   the authority hereby conferred shall expire at the conclusion of the next 
Annual General Meeting of the Company after the passing of this resolution or 
on the expiry of 15 months from the passing of this resolution, whichever is 
the earlier, unless such authority is renewed prior to such time; and 
 
(e)   the Company may make a contract to purchase Shares under the authority 
hereby conferred prior to the expiry of such authority which will or may be 
executed wholly or partly after the expiration of such authority and may make a 
purchase of Shares pursuant to any such contract. 
 
 
Enquiries: 
Northern Trust International Fund Administration Services (Guernsey) Limited 
The Company Secretary 
Trafalgar Court 
Les Banques 
St Peter Port 
Guernsey 
GY1 3QL 
 
Tel:        01481 745001 
 
END 
 
 
 
END
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