Starwood European Real Estate Finance Ltd (SWEF)
15 May 2019
Starwood European Real Estate Finance Limited
Results of Sixth Annual General Meeting and Extraordinary General Meeting
The Board of Starwood European Real Estate Finance Limited announces that, at the Sixth Annual General Meeting of the Company held on Wednesday, 15 May 2019, the resolutions put to the meeting were approved by shareholders on a show of hands.
Details of the proxy votes lodged are set out below:
The Board notes the number of votes received against Resolution 10 at the AGM, in relation to the dis-application of pre-emption rights (in respect of the allotment of shares proposed by Resolution 9). The Board is aware of the Pre-Emption Group's views in general about the granting of certain disapplication authorities. The Board had set out its rationale for Resolution 10 for the Company in the Notice of Annual General Meeting. However, the Board notes the votes against the resolution and will continue to engage with shareholders in order to understand their views in relation to the specific authority sought.
The full text of the resolutions may be found in the Notice of Sixth Annual General Meeting contained in the Shareholder Document dated 25 March 2019, copies of which are available on both the Company's website www.starwoodeuropeanfinance.com and on the National Storage Mechanism www.morningstar.co.uk/uk/NSM***
* Includes discretionary votes received
** A vote withheld is not a vote in law and is not counted in the proportion of votes 'for' or 'against' a resolution
*** Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement
Extraordinary General Meeting
The Board further notes that following the successful completion of the recent issue of new ordinary shares under a placing and for the reasons announced on 7 May 2019, the resolutions proposed at the Extraordinary General Meeting were not put to the meeting and the meeting was adjourned indefinitely.
Apex Fund and Corporate Services (Guernsey) Limited Dave Taylor 01481 735879
Starwood European Real Estate Finance Limited is an investment company listed on the main market of the London Stock Exchange with an investment objective to provide Shareholders with regular dividends and an attractive total return while limiting downside risk, through the origination, execution, acquisition and servicing of a diversified portfolio of real estate debt investments in the UK and the wider European Union's internal market. www.starwoodeuropeanfinance.com.
The Group is the largest London-listed vehicle to provide investors with pure play exposure to real estate lending.
The Group's assets are managed by Starwood European Finance Partners Limited, an indirect wholly-owned subsidiary of the Starwood Capital Group.
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