GNL stockholders approve stock issuance for RTL merger and internalization

Global Net Lease, Inc.

Approved issuance of up to 29.6M GNL shares to Advisor Parent and 0.670 GNL shares per each RTL share.
Vote: 44.1M for, 32.3M against, 0.6M abstentions on common stock proposal; quorum was 76.9M shares.
Adjournment proposal also approved but not needed after common stock proposal passed.
Merger will combine GNL and RTL and internalize advisory and property management functions.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Global Net Lease, Inc. shareholders approved Approval of adjournment of the Special Meeting if necessary at the 2023-09-08 meeting.

Outcome: passed
Meeting: 2023-09-08

Exact text from the filing

Proposal 2. Adjournment Proposal. Votes For Votes Against Abstentions Broker Non-Votes 45,785,536 30,597,671 558,426 -

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Global Net Lease, Inc. shareholders approved Approval of issuance of shares in connection with the REIT Merger and Internalization Merger at the 2023-09-08 meeting.

Proposal: merger approval
Outcome: passed
Meeting: 2023-09-08

Exact text from the filing

Proposal 1. GNL Common Stock Proposal. Votes For Votes Against Abstentions Broker Non-Votes 44,106,496 32,250,774 584,363 -

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641 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Global Net Lease, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-099320

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