PCT 2024 Annual Meetings of Shareholders – Voting Results

MEETING

Fri, Nov 15 2024 02:10 pm

The annual meetings of shareholders of Precinct Properties New Zealand Limited (“Precinct”) and Precinct Properties Investments Limited (“Precinct Investments”) were held today.

Voting was conducted by poll and shareholders passed all seven resolutions, including resolution 6 as a special resolution.

Details of the total number of votes cast in person or by a proxy holder are shown in the PDF attached.

Precinct welcomes feedback from any shareholders in advance of the 2025 annual meetings of shareholders.

-ends-

For further information, contact:
Louise Rooney
General Counsel & Company Secretary
Tel: +64 21 294 3189
Email: [email protected]

About Precinct
Listed on the NZX Main Board under the ticker code PCT and ranked in the NZX top 30, Precinct is the largest owner, manager and developer of premium city centre real estate in Auckland and Wellington. Precinct is predominantly invested in office buildings and also includes investment in Generator, Commercial Bay retail and a multi-unit residential development business. As at 30 June 2024, Precinct's directly-held portfolio (on-completion value) totalled $3.3 billion and Precinct had a further $1.6 billion of capital partnering assets under management: $1.1 billion of these were assets in which Precinct holds a minority interest; with the balance being managed on behalf of third party partners. For information visit: www.precinct.co.nz

On 1 July 2023, Precinct effected a restructuring to create a stapled group structure. A stapled group comprises two listed parent companies whose shares are held by the same shareholders in equal proportions. The shares in each parent company can only be transferred or dealt with together.

Shareholders in Precinct Properties Group (“Precinct”) hold an equal number of shares in Precinct NZ and Precinct Investments Limited and these shares can only be dealt with together. The stapled issuers are described as “Precinct Properties NZ Ltd & Precinct Properties Investments Ltd (NS)” on NZX systems and the ticker code for the stapled shares remains PCT.