22nd Jul 2014 15:50
Hibernia REIT plc
Results of Annual General Meeting
Hibernia REIT plc ("the Company") announces that at the Annual General Meeting held on 22 July 2014 all of the resolutions set out in the notice of meeting were duly passed by the shareholders.
Details of proxy voting on the resolutions put to shareholders at the Annual General Meeting are as follows:
No | Resolution | In Favour or at the Chairman's Discretion | Against | Votewithheld |
1 | To receive the consolidated financial statements for the year ended31 March 2014 | 187,187,418 | 0 | 115,944 |
2 | To authorise the directors to fix the remuneration of the auditors for the year ending 31 March 2015 | 185,775,465 | 411,953 | 1,115,944 |
3(a) | To re-elect Mr. Daniel Kitchen as a director | 187,187,418 | 0 | 115,944 |
3(b) | To re-elect Mr. Colm Barrington as a director | 185,952,431 | 1,234,987 | 115,944 |
3(c) | To re-elect Mr. Stewart Harrington as a director | 187,036,465 | 150,953 | 115,944 |
3(d) | To re-elect Mr. William Nowlan as a director | 186,129,460 | 1,057,958 | 115,944 |
3(e) | To re-elect Mr. Terence O'Rourke as a director | 187,187,418 | 0 | 115,944 |
4 | To receive and consider thedirectors' remuneration report in respect of the year ended 31 March 2014 | 187,187,418 | 0 | 115,944 |
5 | To grant authority to allot shares in accordance with Irish Company Law up to an aggregate nominal amount of €12,705,000, representing 33% of the issued share capital of the Company.
| 187,187,418 | 0 | 115,944 |
6 | To grant authority to disapply Section 23(1) of the 1983 Act to any allotment of shares to W.K. Nowlan REIT Management Limited pursuant to the Investment Management Agreement between the Company and W.K. Nowlan REIT Management Limited, provided that the aggregate nominal value of all shares allotted in respect thereof may not exceed €3 million, representing approximately 7.8% of the issued share capital of the Company. | 187,172,418 | 15,000 | 115,944 |
7 | To grant authority to disapply Section 23(1) of the 1983 Act, provided that the aggregate nominal value of all shares allotted in respect of the authority granted by Resolution 5 shall not exceed the lower of €1.925 million or 5% of the aggregate nominal value of the issued share capital of the Company as at 13 June 2014.
| 187,172,418 | 15,000 | 115,944 |
8 | To grant authority to the Company to make market and overseas market purchases of its own shares in line with the provisions of the applicable regulations. | 187,187,418 | 10,000,000 | 115,944 |
9 | Approval for the Company to re-issue shares held in Treasury off-market within an agreed price range under the provisions of the Companies Act 1990. | 187,172,418 | 10,015,000 | 115,944 |
10 | Approval for the Company to communicate various matters to Shareholder through electronic and other means in accordance with the provisions of the EU Transparency Regulations 2007.
| 187,148,418 | 36,500 | 118,444 |
ENDS
Contacts:
WK Nowlan REIT Management Limited + 353 1 9058350
Kevin Nowlan
Tom Edwards-Moss
Murray Consultants
Doug Keatinge; +353-1-4980379 / +353-86-0374163; [email protected]
About Hibernia REIT plc
Hibernia REIT plc is an Irish Real Estate Investment Trust ("REIT") and is listed on the Irish and London Stock Exchanges. The principal activity of the Company is to acquire and hold investments in Irish property (primarily commercial property) with a view to maximising shareholder returns.
Related Shares:
HBRN.L