Impact Healthcare REIT PLC held its 2024 Annual General Meeting, where all resolutions proposed were voted on and passed by the Company's shareholders. The results of the poll, including the proxy votes received, were detailed in the announcement. The resolutions covered various aspects such as receiving the Annual Report and Financial Statements, approving directors' remuneration policy and report, the Company's Dividend Policy, re-electing directors, appointing auditors, and authorizing the continuation of the Company, among others.
The Company reported the voting percentages for each resolution, with the majority of votes being in favor of the proposed resolutions. The Company also provided information on the number of validly cast votes, the percentage of total votes cast as a share of the issued share capital, and the votes withheld for each resolution.
The Company's dividend policy was highlighted, aiming to provide shareholders with an attractive sustainable return, primarily through quarterly income distributions and potential for capital and income growth. The target total dividend for the year ending 31 December 2024 was stated to be 6.95 pence per share, reflecting an increase over the previous year.
Impact Healthcare REIT PLC's business model was outlined, emphasizing its focus on acquiring, renovating, and leasing high-quality healthcare real estate assets in the UK to established healthcare operators. The Company aims to provide exposure to a diversified and resilient portfolio of UK healthcare real estate assets, particularly care homes for the elderly.
The Group's Ordinary Shares trade on the main market of the London Stock Exchange, premium segment, and the Company is a constituent of the FTSE EPRA/NAREIT index. The announcement also included contact information for further inquiries.
Overall, the results of the 2024 Annual General Meeting and the details provided in the announcement reflect the Company's commitment to transparency and shareholder engagement, as well as its strategic focus on delivering sustainable returns through its healthcare real estate investment activities.