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AGM Results Announcement

27th Jul 2021 16:24

Hibernia REIT plc (HBRN) AGM Results Announcement 27-Jul-2021 / 16:23 GMT/BST Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

Hibernia REIT plc ("Hibernia" or the "Company") announces that at the Annual General Meeting held on 27 July 2021 all the resolutions set out in the notice of the meeting were duly passed by shareholders. Details of the voting on the resolutions are as follows:

No.

Resolution

For or at the Chairman's Discretion

Against

Withheld

Consideration of the Annual Report and Reports of the Directors and Auditor

145,691,099

100.00%

181,086

To declare a final dividend of 3.4 cent per share

141,795,173

97.33%

3,895,926

2.67%

181,086

3 A

To re-appoint Daniel Kitchen as Director

141,167,585

96.90%

4,523,514

3.10%

181,086

3 B

To re-appoint Kevin Nowlan as Director

145,691,099

100.00%

181,086

3 C

To re-appoint Thomas Edwards-Moss as Director

145,667,429

100.00%

204,756

3 D

To re-appoint Roisin Brennan as Director

145,098,470

99.59%

592,237

0.41%

181,478

3 E

To re-appoint Margaret Fleming as Director

145,098,470

99.59%

592,237

0.41%

181,478

3 F

To re-appoint Stewart Harrington as Director

141,179,266

96.92%

4,488,163

3.08%

204,756

3 G

To re-appoint Grainne Hollywood as Director

145,098,862

99.59%

592,237

0.41%

181,086

3 H

To re-appoint Terence O'Rourke as Director

145,098,862

99.59%

592,237

0.41%

181,086

To authorise the Directors to determine the remuneration of the Auditor

140,653,490

96.54%

5,037,217

3.46%

181,478

To consider the continuation in office of the Auditor

145,388,839

99.79%

302,868

0.21%

181,478

Authority to allot relevant securities up to customary limits

111,767,998

76.71%

33,923,101

23.29%

181,086

To receive and consider the Directors' Annual Report on Remuneration

133,058,165

91.33%

12,632,934

8.67%

181,086

To receive and consider the Remuneration Policy

137,161,735

94.15%

8,529,364

5.85%

181,086

To authorise the Directors to hold certain EGMs on 14 days' notice

121,975,975

83.72%

23,715,124

16.28%

181,086

Authority to disapply statutory pre-emption rights in specified circumstances

137,599,004

97.22%

3,931,796

2.78%

4,341,385

Authority to disapply pre-emption rights in additional specified circumstances

137,599,004

97.22%

3,931,796

2.78%

4,341,385

Authority to make market purchases and overseas market purchases of Company's own shares

141,498,743

97.32%

3,895,926

2.68%

477,516

Determination of the price range for the re-issue of treasury shares off-market

145,395,669

99.80%

296,430

0.20%

181,086

The Company notes the low number of shares voted at this year's AGM compared to previous years. Following the CSD migration in March 2021 the votes at the AGMs of many Irish-listed companies have fallen but to a lesser degree and we will be following up with selected shareholders to try and ascertain their reasons for not voting.

The Company also notes the number of votes against Resolution 6. This resolution complies with market practice and guidance from the Investment Association. Some investors have advised us that they have a policy of voting against this authority even though it is considered acceptable under good corporate governance practice. We do not intend seeking any further feedback from shareholders on this matter.

ENDS

Contacts:

Hibernia REIT plc +353 1 536 9100

Tom Edwards-Moss, Chief Financial Officer

Sean O'Dwyer, Company Secretary

Murray Consultants

Doug Keatinge: +353 86 037 4163, dkeatinge@murraygroup.ie

Andrew Smith: +353 83 076 5717, [email protected]

About Hibernia REIT plc

Hibernia REIT plc is an Irish Real Estate Investment Trust ("REIT"), listed on Euronext Dublin and the London Stock Exchange. Hibernia owns and develops property and specialises in Dublin city centre offices.


ISIN:	IE00BGHQ1986
Category Code:	RAG
TIDM:	HBRN
LEI Code:	635400MHRA4QVVFTON18
Sequence No.:	118624
EQS News ID:	1222098


End of Announcement	EQS News Service

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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