DJ RESULTS OF THE ANNUAL GENERAL MEETING
Grit Real Estate Income Group (GR1T)
RESULTS OF THE ANNUAL GENERAL MEETING
22-Dec-2025 / 12:00 GMT/BST
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GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered in Guernsey)
(Registration number: 68739)
LSE share code: GR1T
SEM share codes (dual currency trading): DEL.N0000 (USD) / DEL.C0000 (MUR)
ISINL GG00BMDHST63
LEI: 21380084LCGHJRS8NC05
("Grit" or the "Company" or the "Group")
RESULTS OF THE ANNUAL GENERAL MEETING
The board of Directors (the "Board") of Grit is pleased to announce that at the annual general meeting of the Company
("AGM") held at 2:30 p.m. Mauritian time (10:30 a.m. UK time) on Monday, 22 December 2025, all resolutions were passed
with the requisite majority votes. The detailed results of the voting are as follows:
Votes for resolution Votes against Number of shares Number of shares
as a percentage of resolution as a voted at AGM as a abstained as a
total number of percentage of total percentage of percentage of
shares voted at AGM number of shares Number of shares in issue shares in issue
Resolutions proposed at the AGM voted at AGM shares
voted at
AGM
(rounded to 2 (rounded to 2 (rounded to 2
decimal places)* (rounded to 2 decimal decimal places)* decimal places)*
places)*
83,41%
433 608
Ordinary Resolution Number 1 - 033 0,01%
Re-appointment of MHA and Baker
Tilly Channel Islands as the 83,00% 17,00%
statutory auditors of the
Company
433 298 83,35%
033
56,11% 43,89% 0,06%
Ordinary Resolution Number 2 -
Re-election of Peter Todd as a
Director of the Company
43,89% 83,35% 0,06%
433 298
56,11% 033
Ordinary Resolution Number 3 -
Re-election of Bronwyn Corbett
as a Director of the Company
82,99% 17,00% 430 000 82,72% 0,70%
Ordinary Resolution Number 4 - 904
Re-election of David Love as a
Director of the Company
82,99% 17,00% 430 000 82,72% 0,70%
Ordinary Resolution Number 5 - 904
Re-election of Catherine
McIlraith as a Director of the
Company
82,99% 17,00% 430 000 82,72% 0,70%
Ordinary Resolution Number 6 - 904
Re-election of Lynette Finlay
as a Director of the Company
82,99% 17,00% 433 298 83,35% 0,06%
Ordinary Resolution Number 7 - 033
Re-election of Nigel Nunoo as a
Director of the Company
430 000
904
82,99% 17,00% 82,72% 0,70%
Ordinary Resolution Number 8 -
Re-election of Gareth Schnehage
as a Director of the Company
100,00% 0,00% 415 181 79,87% 3,55%
Special Resolution Number 1 - 057
Market purchase of own shares /
share buy back
80,92% 2,92%
420 629
83,41% 17,09% 793
Special Resolution Number 2 -
Authority to issue shares for
cash on a non-pre-emptive basis
80,50%
418 478
Special Resolution Number 3 - 99,92% 0,08% 186 2,92%
Authority to sell shares from
treasury for cash on a
non-pre-emptive basis
* Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).
Total number of shares in issue as at the date of the AGM was 519,587,834 (excluding the 246,782 ordinary shares held in treasury).
Engagement with Dissenting Shareholders
Shareholders are further advised that, whilst ordinary resolutions number 2 and 3, relating to the re-election of Peter Todd and Bronwyn Corbett as Directors of the Company, were supported by the majority of shareholders, the Company does recognise that they were each voted against by 43,89% respectively, of the votes exercised by the Company's shareholders present in person or represented by proxy at the AGM.
The Independent Directors of Grit (the "Independent Directors") have taken this on board and are committed to achieving a greater understanding of the underlying reasons that has seen some shareholders being unable to support these resolutions. The Independent Directors will initiate a consultation with the Company's shareholders including dissenting shareholders to better understand their concerns and consider their feedback.
An update on the views received from shareholders and actions taken will be published no later than six months after the meeting with the dissenting shareholders.
In accordance with the Listing Rules of the UK Financial Conduct Authority ("FCA"), a copy of the resolutions passed at the AGM has been submitted to the FCA via the National Storage Mechanism and will shortly be available to the public for inspection at the link below:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
By Order of the Board
22 December 2025
FOR FURTHER INFORMATION, PLEASE CONTACT:
Grit Real Estate Income Group Limited
+230 269 7090
Bronwyn Corbett, Chief Executive Officer
+2782 480 4541
Morne Reinders, Investor Relations
Group Investor Relations ir@grit.group
Cavendish Capital Markets Limited - UK Financial Adviser
Tunga Chigovanyika / Teddy Whiley (Corporate Finance) +44 20 7220 5000
Justin Zawoda-Martin / Daniel Balabanoff / Pauline Tribe (Sales) +44 20 3772 4697
Perigeum Capital Ltd - SEM Authorised Representative and Sponsor
Shamin A. Sookia +230 402 0894
Rukhsaar Lallmahomed +230 402 0893
Capital Markets Brokers Ltd - Mauritian Sponsoring Broker
Elodie Lan Hun Kuen +230 402 0280
NOTES:
Grit Real Estate Income Group Limited is the leading pan-African impact real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly USUSD 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 holds its primary listing on the Main Market of the London Stock Exchange (LSE: GR1T and a dual currency trading secondary listing on the Stock Exchange of Mauritius (SEM: DEL.N0000 (USD) / DEL.C0000 (MUR)).
Further information on the Company is available at www.grit.group
Directors: Peter Todd (Chairman), Bronwyn Corbett (Chief Executive Officer) *, Gareth Schnehage (Chief Financial Officer) *, David Love+, Catherine McIlraith+, Lynette Finlay+ and Nigel Nunoo+.
(* Executive Director) (+ Independent Non-Executive Director)
Company secretary: Intercontinental Fund Services Limited
Corporate service provider: Mourant Governance Services (Guernsey) Limited
Registered office address: PO Box 186, Royal Chambers, St Julian's Avenue, St Peter Port, Guernsey GY1 4HP
Registrar and transfer agent (Mauritius): OneLink Limited
SEM authorised representative and sponsor: Perigeum Capital Ltd
UK Transfer secretary: Link Assets Services Limited
Mauritian Sponsoring Broker: Capital Markets Brokers Ltd
This notice is issued pursuant to the FCA Listing Rules, SEM Listing Rule 15.24 and the Mauritian Securities Act 2005. The Board of the Company accepts full responsibility for the accuracy of the information contained in this communiqué.
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ISIN: GG00BMDHST63 Category Code: RAG TIDM: GR1T LEI Code: 21380084LCGHJRS8CN05 Sequence No.: 412423 EQS News ID: 2250218 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
December 22, 2025 07:00 ET (12:00 GMT)
