Custodian Property Income REIT Announces AGM Results

Custodian Property Income REIT plc reported the results of its Annual General Meeting (AGM) held on August 8, 2024. All resolutions were approved via a poll. The company invests in a diversified portfolio of smaller, regional properties across the UK to deliver enhanced income returns.

Key results included re-electing several directors and approving the company's report and accounts for the financial year ending March 31, 2024. Significant votes against were noted for the re-election of Elizabeth McMeikan, primarily due to shareholder concerns over her multiple board roles, which some institutions see as ‘over-boarding’.

The Nominations Committee supports McMeikan, highlighting her valuable contributions and disputing the over-boarding concerns. The company plans to consult further with shareholders.