On July 21, 2021, St. Modwen Properties PLC announced that at the Court Meeting and the General Meeting held on July 21, 2021, in connection with the recommended cash offer made by Brighton Bidco Limited (Bidco) to acquire the entire issued and to be issued share capital of the Company (the Acquisition) to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006: a) the requisite majority of Scheme Shareholders voted to approve the Scheme at the Court Meeting; and b) the requisite majority of St. Modwen Shareholders voted to pass the Special Resolution to implement the Scheme, including the amendment of St. Modwen's articles of association, at the General Meeting.