Result of General Meeting
Roadside Real Estate PLC announced that all resolutions at the General Meeting were duly passed. Shareholder votes for the resolutions were overwhelmingly in favor, with 76,421,728 votes (99.98%) for and only 13,389 votes (0.02%) against, with 409 votes withheld for both resolutions. The company anticipates the sale of Roadside Real Estate (Maldon) Ltd and Roadside Real Estate (Wellingborough) Ltd to be completed on September 30, 2025. The sale of Roadside REIT is expected to finalize after the Spalding Acquisition, which is contingent upon the judicial review period expiring in October 2025 to ensure satisfactory planning permission for the property.
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Roadside (AIM:ROAD) is pleased to announce that all resolutions put to shareholders at the Company's General Meeting (GM) held today, were duly passed.
Full details of the resolutions may be found at: https://www.roadsideplc.com/wp-content/uploads/2025/09/RRE-plc-_-Tarncourt-disposal-Circular.pdf
The total votes made by shareholders were as follows:
| Resolution | For | % | Against | % | Withheld |
|---|---|---|---|---|---|
| 1. | 76,421,728 | 99.98% | 13,389 | 0.02% | 409 |
| 2. | 76,421,728 | 99.98% | 13,389 | 0.02% | 409 |
The Company expects the sale of Roadside Real Estate (Maldon) Ltd and Roadside Real Estate (Wellingborough) Ltd to complete on 30 September 2025.
The Company expects the sale of Roadside REIT to complete following completion of the Spalding Acquisition and novation of leases relating to Spalding, The Spalding Acquisition is subject to the expiry of the judicial review period to ensure the property has satisfactory planning permission, which is expected to be expire in October 2025.
| Montfort Ann-marie Wilkinson Isabella Leathley | +44 (0)77 3062 3815 +44 (0)74 7168 7266 |
| Cavendish Capital Markets Limited (Nomad and Broker) Matt Goode / Seamus Fricker / Elysia Bough (Corporate Finance) Tim Redfern (ECM) | +44 (0) 20 7220 0500 |
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