LOGISTICS DEVELOPMENT GROUP PLC

AGM Information • Apr 22, 2025

National Storage Mechanism | Additional information

RNS Number : 7051F

Logistics Development Group PLC

22 April 2025

Logistics Development Group plc

(or "LDG" or the "Company")

Results of General Meeting

LDG is pleased to announce that, at a general meeting of the Company's shareholders held earlier today (the "General Meeting"), the resolution, as set out in the Circular, dated 28 March 2025, containing details of the proposed Tender Offer to return up to £21,000,000 to shareholders at a Tender Price of 19 pence per Ordinary Share and the Notice of General Meeting of the Company in relation to the Tender Offer ("Circular"), was duly passed by shareholders by way of a poll. Full details of the voting at the General Meeting are set out in the table below.

Voting Results

The results of the poll are set out below.

No.	Resolution	In favour		Against		Total votes cast as a % of issued share capital	Votes withheld
Votes	%	Votes	%
1.	Tender Offer Authority	348,573,220	99.96	137,941	0.04	66.50	100

The full text of the resolution above is set out in the Circular. The Tender Offer Authority resolution was proposed as an ordinary resolution.

As at 16 April 2025, the Company's issued share capital consisted of 524,350,394 ordinary shares, carrying one vote per share, with no LDG shares held by the Company in treasury. In accordance with LDG's Articles of Association, on a poll every member present in person or by proxy has one vote for every LDG share held.

Votes withheld are not votes in law and therefore have not been counted in the calculation of the proportion of the votes for and against any resolution. MUFG Corporate Markets was appointed as the scrutineer for vote-taking at the General Meeting.

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the Company announcement on 28 March 2025.

Tender Offer

As previously announced, the Tender Offer closes at 1.00 p.m. today, 22 April 2025 and the record date for the Tender offer is 6.00 p.m. today, 22 April 2025.

The results of the Tender Offer are expected to be announced at 7.00 a.m. on 24 April 2025.

Further enquiries:

Logistics Development Group plc	Via FTI Consulting
FTI Consulting	+44 (0) 20 3727 1340
Nick Hasell / Alex Le May
Strand Hanson Limited (Financial and Nominated Adviser) James Dance / Richard Johnson / Abigail Wennington  ​	+44 (0) 20 7409 3494
Investec Bank plc (Broker) Gary Clarence / Harry Hargreaves	+44 (0) 20 7597 5970

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