Urban Logistics REIT PLC — AGM Information 2021

Jul 12, 2021

National Storage Mechanism | Additional information

RNS Number : 9504E

Urban Logistics REIT PLC

12 July 2021

12 July 2021

Urban Logistics REIT plc

("Urban Logistics" or the "Company")

Result of Annual General Meeting

The board of directors of Urban Logistics (AIM: SHED), the specialist UK logistics REIT, is pleased to announce that at the annual general meeting of the Company held earlier today all resolutions were duly passed on a show of hands.

The final proxy votes are as follows:

Resolution		For	%	Against	%	Votes cast	% of shares voted1	Withheld2
1	2021 Annual Report and Accounts	132,410,019	99.99	1,707	0.00	132,416,896	100.00	0
2	Re-Election of Nigel Rich	125,885,499	95.08	6,508,646	4.92	132,399,315	95.08	17,581
3	Re-Election of Jonathan Gray	132,392,438	99.99	1,707	0.00	132,399,315	100.00	17,581
4	Re-Election of Bruce Anderson	132,394,145	100.00	0	0.00	132,399,315	100.00	17,581
5	Re-Election of Richard Moffitt	132,394,145	100.00	0	0.00	132,399,315	100.00	17,581
6	Re-Election of Mark Johnson	132,392,438	99.99	1,707	0.00	132,399,315	100.00	17,581
7	Re-Election of Heather Hancock	132,409,457	99.99	2,269	0.00	132,416,896	100.00	0
8	Appointment of Auditors	132,397,454	100.00	300	0.00	132,402,924	100.00	13,972
9	Auditor's Remuneration	132,397,454	99.99	13,588	0.01	132,416,212	99.99	684
10	Dividend policy	132,400,145	100.00	0	0.00	132,405,315	100.00	11,581
11	Authority to allot shares	131,704,400	99.48	689,745	0.52	132,399,315	99.48	17,581
12	Disapplication of pre-emption rights3	130,774,609	98.77	1,618,852	1.22	132,398,631	98.78	18,265
13	Disapplication of pre-emption rights3	130,774,347	98.77	1,619,114	1.22	132,398,631	98.78	18,265
14	Authority to purchase own shares3	132,397,342	99.99	2,119	0.00	132,404,631	100.00	12,265
15	Adoption of articles of association3	125,201,917	94.57	7,189,837	5.43	132,396,924	94.57	19.972

1 The number of ordinary shares in issue is 255,045,821 with each share carrying the right to one vote.

2 A vote withheld is not a vote in law and is not counted in the calculation of the percentage of votes for or against a resolution.

3 Special resolution requiring a 75% majority.

For further information contact: 

Urban Logistics REIT plc Richard Moffitt	+44 (0)20 7591 1600
Buchanan - Financial PR Helen Tarbet Henry Wilson George Beale	+44 (0) 20 7466 5000 +44 (0) 7872 604453 +44 (0) 7788 528143 +44 (0) 7450 295099
Singer Capital Markets (formerly N+1 Singer) - Nominated Adviser and Joint Broker James Maxwell / Alaina Wong (Corporate Finance) Alan Geeves / James Waterlow / Sam Greatrex (Sales)	+44 (0)20 7496 3000
Panmure Gordon (UK) Limited - Joint Broker Chloe Ponsonby (Corporate Broking) Emma Earl (Corporate Finance) David Hawkins / Tom Scrivens (Sales)	+44 (0)20 7886 2500

About Urban Logistics REIT

Urban Logistics REIT plc is a property investment company, quoted on the AIM market of the London Stock Exchange, (AIM: SHED).

The Company has been established to invest in UK-based logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let properties servicing high-quality tenants. Investment returns will be generated by an experienced management team focusing on quality stock selection and active asset management.

A number of structural and commercial factors currently support the attractive opportunity in the last mile/regional industrial and logistics real estate sub-sectors targeted by the Company, including: strong occupier demand, (driven by the growth of e-commerce and investment by retailers in their associated supply chain) and a decline in the supply of smaller sized lettable space in industrial and logistics real estate across the UK.

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