31 January 2023
Residential Secure Income plc
Results of Annual General Meeting
LEI: 213800D24WA531LAR763
Residential Secure Income plc ("ReSI" or the "Company") (LSE: RESI) is pleased to announce that all of the resolutions put to the shareholders at its Annual General Meeting held earlier today, Tuesday 31 January 2023, were passed by a show of hands.
The full text of all the resolutions is contained in the notice of meeting in the Company's Annual Report for the year ended 30 September 2022.
Resolutions 1 to 11 (inclusive) were passed as ordinary resolutions and resolutions 12 to 15 (inclusive) were passed as special resolutions.
The proxy votes received were as follows:
| Resolution | Votes For & Discretionary | For & Discretionary (%) | Votes Against | Against (%) | Votes Withheld* | Total Votes Cast (excl. votes withheld) | % of Issued Share Capital Voted** (excl. votes withheld) |
| Resolution 1 To receive the Company's Annual Report and Accounts for the year ended 30 September 2022, with the reports of the Directors and Auditor thereon. | 109,545,786 | 100.00 | 2,437 | 0.00 | 230 | 109,548,223 | 59.16 |
| Resolution 2 To approve the Directors' Remuneration Implementation Report included in the Annual Report for the year ended 30 September 2022. | 109,110,051 | 99.61 | 425,253 | 0.39 | 13,149 | 109,535,304 | 59.16 |
| Resolution 3 To re-elect Robert Whiteman as a Director of the Company. | 92,792,025 | 85.53 | 15,693,304 | 14.47 | 1,063,124 | 108,485,329 | 58.59 |
| Resolution 4 To re-elect Robert Gray as a Director of the Company. | 108,348,463 | 98.91 | 1,197,160 | 1.09 | 2,830 | 109,545,623 | 59.16 |
| Resolution 5 To re-elect John Carleton as a Director of the Company. | 108,349,463 | 98.91 | 1,196,160 | 1.09 | 2,830 | 109,545,623 | 59.16 |
| Resolution 6 To re-elect Elaine Bailey as a Director of the Company. | 108,343,463 | 98.90 | 1,202,160 | 1.10 | 2,830 | 109,545,623 | 59.16 |
| Resolution 7 To re-appoint BDO LLP as Auditor to the Company. | 99,778,757 | 99.98 | 19,466 | 0.02 | 9,750,230 | 99,798,223 | 53.90 |
| Resolution 8 To authorise the Directors to fix the remuneration of the Auditor until the conclusion of the next Annual General Meeting of the Company. | 109,540,370 | 100.00 | 5,253 | 0.00 | 2,830 | 109,545,623 | 59.16 |
| Resolution 9 To authorise the Directors to declare and pay all dividends of the Company as interim dividends. | 109,546,708 | 100.00 | 1,515 | 0.00 | 230 | 109,548,223 | 59.16 |
| Resolution 10 To approve the continuation of the Company as an investment trust until the AGM of the Company falling five years after the date of this resolution. | 109,507,899 | 99.96 | 40,324 | 0.04 | 230 | 109,548,223 | 59.16 |
| Resolution 11 To authorise the Directors to allot relevant securities. | 109,502,018 | 99.96 | 43,605 | 0.04 | 2,830 | 109,545,623 | 59.16 |
| Resolution 12 To disapply pre-emption rights up to 10% of the issued ordinary share capital. | 109,444,371 | 99.92 | 89,933 | 0.08 | 14,149 | 109,534,304 | 59.16 |
| Resolution 13 To disapply pre-emption rights up to a further 10% of the issued ordinary share capital. | 99,294,731 | 90.66 | 10,235,573 | 9.34 | 18,149 | 109,530,304 | 59.15 |
| Resolution 14 To authorise the Company to make market purchases of its own shares. | 108,741,895 | 99.27 | 801,566 | 0.73 | 4,992 | 109,543,461 | 59.16 |
| Resolution 15 To authorise a General Meeting, other than an Annual General Meeting, be called on not less than 14 clear days' notice. | 107,353,363 | 98.00 | 2,193,782 | 2.00 | 1,308 | 109,547,145 | 59.16 |
| *Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution. *\* Total voting rights of the shares in issue excluding Treasury shares: 185,163,281 | |||||||
At the date of the above meeting, the Company's issued share capital comprised of 185,163,281 Ordinary Shares (excluding Treasury Shares) with each Ordinary Share carrying one voting right. The Company also holds 8,985,980 Ordinary Shares in Treasury.
In accordance with LR 9.6.2, a copy of resolutions 11 to 15 will be submitted to the National Storage Mechanism and will shortly be available for viewing at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
FOR FURTHER INFORMATION, PLEASE CONTACT:
| Computershare Company Secretarial Services Limited Company Secretary | +44 7812 509450
|
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