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Grit Real Estate Passes All Resolutions at AGM Amid Shareholder Dissent
Company Announcements

Grit Real Estate Passes All Resolutions at AGM Amid Shareholder Dissent

Story Highlights
  • Grit Real Estate’s AGM saw all resolutions passed, including director re-elections.
  • Significant dissent on remuneration policy will prompt shareholder engagement by Grit.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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An announcement from Grit Real Estate Income Group Limited ( (GB:GR1T) ) is now available.

Grit Real Estate Income Group Limited announced that all resolutions were passed at their recent annual general meeting. Notable resolutions include the re-election of several directors and the company’s remuneration policy, which received significant dissenting votes from shareholders. The company plans to engage with these shareholders to better understand their concerns. This engagement indicates Grit’s commitment to aligning its policies with shareholder expectations and enhancing its governance practices.

More about Grit Real Estate Income Group Limited

Grit Real Estate Income Group Limited is a leading pan-African impact real estate company that focuses on investing in, developing, and actively managing a diversified portfolio of assets across selected African countries, excluding South Africa. The company’s assets are backed by predominantly US$ and Euro-denominated long-term leases with blue-chip multinational tenants across various robust property sectors. Grit is committed to providing strong and sustainable income with potential for growth, holding a primary listing on the London Stock Exchange and a secondary listing on the Stock Exchange of Mauritius.

YTD Price Performance: -47.02%

Average Trading Volume: 109,938

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £50.64M

For a thorough assessment of GR1T stock, go to TipRanks’ Stock Analysis page.

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