Wrap Text
Result of General Meeting
GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered by continuation in the Republic of Mauritius)
(Registration number: C128881 C1/GBL)
SEM share code: DEL.N0000
JSE share code: GTR
LSE share code: GR1T
ISIN: MU0473N00036
(“Grit” or the “Company” or the “Group”)
RESULT OF GENERAL MEETING
Shareholders are hereby advised that all of the resolutions proposed at the General Meeting of the
Company (the “GM”) held earlier today were duly passed by the requisite majorities of the Company’s
shareholders.
The GM was held at 10:00 (Mauritian time) (08:00 South African time and 07:00 United Kingdom time)
today, Friday, 11 October 2019 at the offices of Intercontinental Fund Services Limited, Level 5,
Alexander House, 35 Cybercity, Ebène.
Details of the results of the voting at the GM are set out below:
Votes
Votes for against
resolution resolution Number of Number of
as a as a shares shares
percentage percentage voted at GM abstained
of total of total as a as a
Resolutions number of number of Number of percentage percentage
proposed at the shares shares shares of shares in of shares in
GM voted at GM voted at GM voted at GM issue issue
Ordinary resolution
number 1: Specific
authority to issue
Shares or sell
treasury Shares for
cash in terms of the
JSE Listings
Requirements and
the SEM Rules 99.76% 0.24% 229,764,943 74.99% 0.19%
Special resolution
number 1: Authority
to disapply pre-
emption rights in
terms of the
Mauritian
Companies Act and
the Constitution 99.65% 0.35% 229,764,943 74.99% 0.19%
Ordinary resolution
number 2:
Appointment of a
director to the
Board 99.76% 0.24% 229,765,483 74.99% 0.19%
Ordinary resolution
number 3:
Directors’ authority 99.97% 0.03% 229,764,943 74.99% 0.19%
Note
Total number of shares in issue as at the date of the GM was 306,396,035.
By order of the Board
11 October 2019
FOR FURTHER INFORMATION PLEASE CONTACT:
Grit Real Estate Income Group Limited
Bronwyn Corbett, Chief Executive Officer +230 269 7090
Darren Veenhuis, Head of Investor Relations +44 779 512 3402
Morne Reinders, Investor Relations +27 82 480 4541
Maitland/AMO – Communications Adviser
James Benjamin +44 20 7379 5151
Vikki Kosmalska Grit-maitland@maitland.co.uk
Jason Ochere
finnCap Ltd – UK Financial Adviser
William Marle / Scott Mathieson / Matthew Radley (Corporate +44 20 7220 5000
Finance)
Mark Whitfeld (Sales) +44 20 3772 4697
Monica Tepes (Research) +44 20 3772 4698
Perigeum Capital Ltd – SEM Authorised Representative and
Sponsor
Shamin A. Sookia +230 402 0894
Kesaven Moothoosamy +230 402 0898
PSG Capital – JSE Sponsor and Corporate Adviser
David Tosi +27 21 887 9602
The Company’s LEI is: 21380084LCGHJRS8CN05
NOTES:
Grit Real Estate Income Group Limited is a leading pan-African real estate company focused on
investing in and actively managing a diversified portfolio of assets in carefully selected African countries
(excluding South Africa). These high-quality assets are underpinned by predominantly US$ and Euro
denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a
diverse range of robust property sectors.
The Company is committed to delivering strong and sustainable income for shareholders, with the
potential for income and capital growth. The Company is targeting a net total shareholder return
inclusive of net asset value growth of 12.0%+ per annum.*
The Company currently holds primary listings on both the Main Market of the London Stock Exchange
(LSE: GR1T) and on the Main Board of the Johannesburg Stock Exchange (JSE: GTR), while its listing
on the Official Market of the Stock Exchange of Mauritius Ltd is termed as a secondary listing (SEM:
DEL.N0000).
Further information on the Company is available at http://grit.group/
* This is a target only and not a profit forecast and there can be no assurance that it will be met. Any forward-looking
statements and the assumptions underlying such statements are the responsibility of the Board of Directors and have not
been reviewed or reported on by the Company’s external auditors
Directors:
Peter Todd+ (Chairman), Bronwyn Corbett (Chief Executive Officer)*, Leon van de Moortele (Chief
Financial Officer)*, Ian Macleod+, Nomzamo Radebe, Catherine McIlraith+, David Love+, Sir Samuel
Esson Jonah+, and Bright Laaka (Permanent Alternate Director to Nomzamo Radebe)
(* Executive Director) (+ independent Non-Executive Director)
Company secretary: Intercontinental Fund Services Limited
Registered address: c/o Intercontinental Fund Services Limited, Level 5, Alexander House, 35
Cybercity, Ebène, 72201, Mauritius
Transfer secretary (South Africa): Computershare Investor Services Proprietary Limited
Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited
Corporate advisor and JSE sponsor: PSG Capital Proprietary Limited
Sponsoring Broker: Axys Stockbroking Ltd
SEM authorised representative and sponsor: Perigeum Capital Ltd
This notice is issued pursuant to the LSE Listing Rules, JSE Listings Requirements, SEM Listing Rule
11.3 and the Mauritian Securities Act 2005. The Board of the Company accepts full responsibility for
the accuracy of the information contained in this communiqué.
Date: 11/10/2019 01:00:00
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