VHP
01/11/2012 09:07
MEETING
REL: 0907 HRS Vital Healthcare Property Trust
MEETING: VHP: VHP - 2012 Annual meeting resolutions
VHP - 2012 Annual meeting resolutions.
Vital Healthcare Management Limited (the 'Manager'), the manager of Vital
Healthcare Property Trust ('Vital') today announced the results of the
resolutions presented to unitholders at the annual meeting held on 31 October
2012.
The Manager is pleased to announce the reappointment of Graeme Horsley
(Resolution 1) and the appointment of Claire Higgins (Resolution 2) as
Independent Directors of Vital Healthcare Management Limited.
Resolution 3 regarding the amendments to the Trust Deed was passed as an
extraordinary resolution by poll under the Trust Deed. A majority consisting
of not less than 75% of votes was required to approve the extraordinary
resolution. Votes for the resolution were received in respect of 74,334,427
(94.45%) units and votes against the resolution were received in respect of
4,364,680 (5.55%) units.
As unitholders have voted to adopt the amendments to the Trust Deed, the
Manager and Trustees Executors Limited in its capacity as trustee of Vital
will now proceed to execute a Deed of Amendment and Restatement of the Trust
Deed. Graeme Horsley and Claire Higgins will, on the date the Deed of
Amendment is executed and becomes effective, be the first Independent
Directors deemed to be elected under the new provisions of the Trust Deed.
A copy of the executed Deed of Amendment will be filed with the Companies
Office. Copies of the Deed of Amendment together with the amended and
restated Trust Deed will also be available from the Manager's office during
normal business hours, located at Level 16, AIG Building, 41 Shortland
Street, Auckland 1010.
- ENDS -
ENQUIRIES
Stuart Harrison, Chief Financial Officer
Vital Healthcare Management Ltd, Telephone 09 973 7302, Email
[email protected]
With a portfolio value of over NZ$562m, Vital Healthcare Property Trust
(NZSX: VHP) is Australasia's largest listed investor in medical and
healthcare property infrastructure. With an expert understanding of the needs
of healthcare tenants on both sides of the Tasman, we actively select,
develop and manage quality properties to meet the growing demand for medical
and healthcare services. Our 106 tenants, in 23 properties, provide essential
healthcare services to thousands of patients while also undertaking research
and providing support services that will make a difference to many more lives
in the future.
The Manager of Vital Healthcare Property Trust, Vital Healthcare Management
Limited is owned by NorthWest Value Partners Inc., a private real estate
investment firm based in Canada with healthcare real estate interests in
Canada, Australia, New Zealand, Brazil and Germany.
vitalhealthcareproperty.co.nz
End CA:00229192 For:VHP Type:MEETING Time:2012-11-01 09:07:19
