25 May 2023
REGIONAL REIT LIMITED
("Regional REIT", the "Group" or the "Company")
Result of Annual General Meeting
Regional REIT (LSE: RGL), the regional real estate investment specialist focused on building a diverse portfolio of income producing regional UK core and core plus office and industrial property assets, is pleased to announce that, at the Annual General Meeting ("AGM") held today, all resolutions were passed by way of a poll.
The results of the poll for each resolution were as follows:
| Resolution * indicates extraordinary resolution
| Votes For | % | Votes Against | % | Votes Withheld |
| Resolution 1 | 211,367,459 | 99.97% | 73,666 | 0.03% | 295,330 |
| Resolution 2 | 211,375,322 | 99.92% | 166,188 | 0.08% | 194,945 |
| Resolution 3 | 211,469,527 | 99.95% | 105,160 | 0.05% | 161,768 |
| Resolution 4 | 211,398,119 | 99.93% | 142,095 | 0.07% | 196,241 |
| Resolution 5 | 208,744,796 | 99.90% | 211,635 | 0.10% | 2,780,024 |
| Resolution 6 | 208,811,107 | 99.93% | 145,324 | 0.07% | 2,780,024 |
| Resolution 7 | 208,640,436 | 99.86% | 294,884 | 0.14% | 2,801,135 |
| Resolution 8 | 208,778,110 | 99.93% | 145,555 | 0.07% | 2,812,790 |
| Resolution 9 | 210,932,328 | 99.70% | 630,975 | 0.30% | 173,152 |
| Resolution 10* | 209,124,412 | 98.84% | 2,463,784 | 1.16% | 148,259 |
| Resolution 11* | 208,144,846 | 98.38% | 3,425,098 | 1.62% | 166,511 |
Notes:
1. Any proxy appointments giving discretion to the Chairman of the AGM have been included in the "For" totals above for the appropriate resolution.
2. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
3. A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.
The full text of the resolutions may be found in the Notice of the AGM, a copy of which is available on both the Company's website www.regionalreit.com and the National Storage Mechanism.
A copy of the extraordinary resolutions passed at the AGM has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information please contact:
Link Company Matters Limited
Company Secretary
Tel: +44 (0) 333 300 1950
About Regional REIT
Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and Toscafund Asset Management LLP, the Investment Manager.
Regional REIT's commercial property portfolio is comprised wholly of income producing UK assets and comprises, predominantly of offices located in the regional centres outside of the M25 motorway. The portfolio is geographically diversified, with 154 properties, 1,080 occupiers as at 31 March 2023, with a valuation of c.£792.4m.
Regional REIT pursues its investment objective by investing in, actively managing and disposing of regional core and core plus property assets. It aims to deliver an attractive total return to its Shareholders, targeting greater than 10% per annum, with a strong focus on income supported by additional capital growth prospects.
The Company's shares were admitted to the Official List of the UK's Financial Conduct Authority and to trading on the London Stock Exchange on 6 November 2015. For more information, please visit the Group's website at www.regionalreit.com .
Cautionary Statement
This document has been prepared solely to provide additional information to Shareholders to assess the Group's performance in relation to its operations and growth potential. The document should not be relied upon by any other party or for any other reason. Any forward looking statements made in this document are done so by the Directors in good faith based on the information available to them up to the time of their approval of this document. However, such statements should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying any such forward-looking information.
ESMA Legal Entity Identifier ("LEI"): 549300D8G4NKLRIKBX73
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