Irish Residential Properties REIT

Declaration of Voting Results & Voting Rights Announcements • Jul 9, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 9833E

Irish Residential Prop REIT PLC

09 July 2019

9 July 2019

Result of Extraordinary General Meeting

Irish Residential Properties REIT plc ("I•RES" or the "Company") announces that, at its Extraordinary General Meeting held today, 9 July 2019 at McCann FitzGerald, Riverside One, Sir John Rogerson's Quay, Dublin 2, Ireland, the Resolution (to authorise the disapplication of statutory pre-emption rights up to a specified amount in connection with the Second Tranche of the Placing) was duly passed by I•RES shareholders.

The full text of the Resolution, together with an explanatory letter from the Chairman of the Company, was included in the Circular and Notice of Extraordinary General Meeting published by the Company on 14 June 2019 (the "Circular") and made available on the Company's website at www.iresreit.ie.

The results of the proxy votes received by the Chairman in advance of the EGM are shown below:

Resolution	For Number	%	Against Number	%	Withheld Number
Disapplication of statutory pre-emption rights up to a specified amount	299,844,031	99.77%	682,033	0.23%	0

Notes:

1.   Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld) and have been rounded to two decimal places.

2.   A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" the Resolution.

In accordance with the Listing Rules of Euronext Dublin, a copy of the Resolution has been forwarded to Euronext Dublin and will shortly be available for inspection at the following address:

Companies Announcement Office

Euronext Dublin

28 Anglesea Street

Dublin 2

Ireland

Tel: +353 (1) 6174200

Admission

Following approval of the Resolution, application has been made for the Second Tranche Shares (which will rank pari passu in all respects with the existing Ordinary Shares) to be admitted to trading on Euronext Dublin. It is expected that Admission of the Second Tranche Shares will become effective and dealings in the Second Tranche Shares will commence at 8.00 a.m. on 10 July 2019.

Total Voting Rights                                                                                     

Upon Admission of the Second Tranche Shares (expected on 10 July 2019), the Company will have a total of 520,703,946 Ordinary Shares in issue. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company as a result of the Second Tranche of the Placing.

Note

Capitalised terms used but not defined in this announcement have the same meanings as set out in the Circular.

For further information please contact:

For Investor Relations:

Irish Residential Properties REIT plc

Margaret Sweeney, Chief Executive Officer

+ 353 (0) 1 557 0974

For Media Requests:

Q4PR

Gerry O'Sullivan

+ 353 87 2597644

About Irish Residential Properties REIT plc

Irish Residential Properties REIT plc is a leading Irish real estate investment trust ("REIT") listed on Euronext Dublin. The Company is the first REIT established in Ireland primarily focused on residential rental accommodations. The Company will continue to seek to acquire, hold, manage and develop investments primarily focused on residential rental accommodations in Ireland.  The Company currently owns 2,771 residential units with an additional 298 units due for delivery between now and 2021 under pre-purchase contracts. Further information in respect of the Company can be obtained from the Company's website at www.iresreit.ie.

Note on forward-looking information

This note applies if and to the extent that there are forward-looking statements in this Announcement.

This Announcement may contain forward-looking statements, which are subject to risks and uncertainties because they relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts.   Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company or the industry in which it operates, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  The forward-looking statements referred to in this paragraph speak only as at the date of this Announcement.  The Company will not undertake any obligation to release publicly any revision or updates to these forward-looking statements to reflect future events, circumstances, unanticipated events, new information or otherwise except as required by law or by any appropriate regulatory authority.

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

ISECKCDKQBKDCOK