PRS REIT (THE) PLC

AGM Information • Nov 28, 2018

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RNS Number : 7984I

PRS REIT PLC (The)

28 November 2018

28 November 2018

PRSR.L

The PRS REIT plc

(the "Company" or the "PRS REIT")

Result of AGM

The PRS REIT, the closed-ended real estate investment trust established to invest in new-build homes in the Private Rented Sector ("PRS"), is pleased to announce that at the Annual General Meeting held on 28 November 2018, resolutions 1 to 11 were passed as ordinary resolutions and resolutions 12 to 14 were passed as special resolutions.

The text of all the resolutions is contained in the notice of meeting in the Company's Notice of Annual General Meeting published on 1 November 2018.

The results of the polls taken on the resolutions, on which Link Asset Services, the Company's registrar, acted as scrutineer, are as follows:

Resolution	In favour	Percentage In favour	Against	Percentage Against	Withheld	Total votes cast
1	393,159,525	100.00%	0	0.00%	0	393,159,525
2	393,159,525	100.00%	0	0.00%	0	393,159,525
3	393,159,525	100.00%	0	0.00%	0	393,159,525
4	393,159,525	100.00%	0	0.00%	0	393,159,525
5	393,159,525	100.00%	0	0.00%	0	393,159,525
6	393,159,525	100.00%	0	0.00%	0	393,159,525
7	383,397,966	100.00%	0	0.00%	9,761,559	383,397,966
8	393,144,185	100.00%	15,340	0.00%	0	393,159,525
9	393,159,525	100.00%	0	0.00%	0	393,159,525
10	393,159,525	100.00%	0	0.00%	0	393,159,525
11	393,159,525	100.00%	0	0.00%	0	393,159,525
12*	391,726,364	99.64%	1,433,161	0.36%	0	393,159,525
13*	391,726,364	99.64%	1,433,161	0.36%	0	393,159,525
14*	393,144,185	100.00%	0	0.00%	15,340	393,144,185

* Special Resolution

For further information, please contact:

The PRS REIT plc Steve Smith, Non-executive Chairman	Tel: +44 (0)20 3178 6378
Sigma PRS Management Limited Graham Barnet                                                    Malcolm Briselden	Tel: +44 (0)333 999 9926
N+1 Singer  James Maxwell, James Moat, Ben Farrow	Tel: +44 (0)20 7496 3000
Stifel                                                                 Mark Young, Neil Winward, Gaudi Le Roux	Tel: +44 (0)20 7710 7600
G10 Capital Limited (AIFM) Gerhard Grueter, Anthony Wood, Gaia Udage	Tel: +44 (0)20 3696 1302
KTZ Communications Katie Tzouliadis, Emma Pearson, Dan Mahoney	Tel: +44 (0)20 3178 6378

NOTES TO EDITORS

About The PRS REIT plc

(www.theprsreit.com)

The PRS REIT is a closed-ended real estate investment trust established to invest in the Private Rented Sector and to provide shareholders with an attractive level of income together with the potential for capital and income growth.  It has raised a total of £500m (gross) through its Initial Public Offering, on 31 May 2017, and a subsequent placing in February 2018. Both fundraisings were supported by the UK Government's Homes England.  

About Sigma Capital Group plc

(www.sigmacapital.co.uk)

Sigma Capital Group plc is a private rented sector, residential development, and urban regeneration specialist, with offices in Edinburgh, Manchester and London. Sigma's principal focus is on the delivery of large scale housing schemes for the private rented sector. It has a well-established track record in assisting with property-related regeneration projects in the public sector, acting as a bridge between the public and private sectors.  Its subsidiary, Sigma PRS Management Limited, is Investment Adviser to The PRS REIT plc.

About Sigma PRS Management Limited

Sigma PRS Management Limited is a wholly owned subsidiary of AIM-quoted Sigma Capital Group plc and is the Company's Investment Adviser. It sources investments and manages the assets of The PRS REIT plc and advises the Alternative Investment Fund Manager ("AIFM") and the PRS REIT on a day-to-day basis in accordance with the PRS REIT's Investment Policy. The Investment Adviser is an appointed representative (reference number: 776293) of the AIFM.

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