27 October 2023
KCR Residential REIT plc
("KCR" or the "Company")
Result of AGM
KCR Residential REIT plc, the residential REIT group, announces that, at the annual general meeting of the Company held today, all resolutions were passed. The results of the proxy voting are set out below.
| Summary of Resolutions | For | Percentage of votes in Favour | Against | Percentage of votes Against | Withheld | Total of issued share capital voted | Percentage of issued share capital voted |
| 1 Receive the consolidated annual report and accounts for the year ended 30 June 2023 | 23,951,750 | 100% | 0 | 0% | 0 | 23,951,750 | 57.48% |
| 2 Reappoint Grant Thornton Limited as auditors | 23,951,750 | 100% | 0 | 0% | 0 | 23,951,750 | 57.48% |
| 3 Reappoint Dominic White as a director | 23,951,750 | 100% | 0 | 0% | 0 | 23,951,750 | 57.48% |
| 4 To authorise the Directors to allot ordinary shares and relevant securities pursuant to Section 551 of the Companies Act 2006.
| 23,951,750 | 100% | 0 | 0% | 0 | 23,951,750 | 57.48% |
| 5 To authorise the Directors to disapply pre-emption rights (general authority). | 23,951,750 | 90.65% | 2,469,710 | 9.34% | 0 |
26,421,460 | 63.41% |
Notes:
A vote "withheld" is not a vote in law and has not been counted as a vote "for" or "against" a resolution.
Resolutions 1-4 were passed as Ordinary Resolutions and Resolution 5 was passed as a Special Resolution
The number of ordinary shares in issue at the date of this announcement is 41,669,631, of which no ordinary shares are held in treasury.
For further information please contact:
| KCR Residential REIT plc Russell Naylor, Executive Director | Tel: +44 (0)20 7628 5582 |
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| Cairn Financial Advisers LLP (Nomad) James Caithie / Emily Staples / Louise O'Driscoll
| Tel: +44 (0)20 7213 0880
|
| Zeus Capital Limited (Broker) Louisa Waddell
| Tel: +44 (0)20 7614 5000
|
Notes to Editors:
KCR's objective is to build a substantial residential property portfolio that generates secure income flow for shareholders. The Directors intend that the group will acquire, develop and manage residential property assets in a number of jurisdictions including the UK.
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