AGM Resolutions

PREMIER ENERGY AND WATER TRUST PLC (“the Company”)

AGM Resolutions        
 

At the Annual General Meeting of the Company held on 19 April 2016 all the resolutions that were proposed were duly approved.  The resolutions approved included resolutions which:

i)          will allow the Directors to allot new shares up to an aggregate nominal amount of £18,008, representing approximately 10% of the issued Ordinary share capital of the Company.

ii)         will allow the Directors to allot Ordinary shares for cash at a price which represents a discount to the net asset value of an Ordinary share in circumstances where Zero Dividend Preference shares are being issued at a premium such that the Net Asset Value of the Ordinary shares would be increased;

iii)         will allow the disapplication of pre-emption rights on the allotment of new Ordinary shares;

iv)        will allow the Company to make market purchases of up to 2,711,463 Ordinary shares;

A copy of the resolutions passed at the Annual General Meeting, other than the resolutions relating to the ordinary business of an annual general meeting, will shortly be submitted to the National Storage Mechanism located at http//www.hemscott.com/nsm.do.

A summary of the proxy votes received will shortly be available on the Investment Manager’s website, www.premierfunds.co.uk


Contact:

Nigel Sidebottom, Premier Fund Managers Limited
01483 400465

19 April 2016