Result of AGM

RNS Number : 0519B

Aberdeen New India Invest Trust PLC

28 September 2022

 

ABERDEEN NEW INDIA INVESTMENT TRUST PLC

(LEI:549300D2AW66WYEVKF02)

28 September 2022

Result of Annual General Meeting

At the Annual General Meeting of Aberdeen New India Investment Trust PLC ("the Company") held today, 28 September 2022, all resolutions in the Notice of the Meeting as set out in the Annual Report for the year ended 31 March 2022 ("Annual Report"), were passed on a show of hands.

The total number of proxy votes lodged was as follows:

Resolution Number	Resolution (all Ordinary resolutions unless noted otherwise)	For and Discretionary		Against		Votes Withheld	Total Votes (excluding Votes Withheld)
		No. of Votes	% of Votes Cast	No. of Votes	% of Votes Cast
1	Receive and adopt the Directors' Report and audited financial statements for the year ended 31 March 2022	35,636,352	100.0	12,351	0.0	14,744	35,648,703
2	Receive and adopt the Directors' Remuneration Report (other than the Directors' Remuneration Policy) for the year ended 31 March 2022	35,548,525	99.8	62,421	0.2	52,502	35,610,946
3	Elect David Simpson as a Director	35,599,955	99.9	28,925	0.1	34,568	35,628,880
4	Elect Andrew Robson as a Director	35,599,878	99.9	24,344	0.1	39,225	35,624,222
5	Re-elect Rebecca Donaldson as a Director	35,214,189	98.8	419,167	1.2	30,091	35,633,356
6	Re-elect Michael Hughes  as a Director	35,218,207	98.8	414,099	1.2	31,141	35,632,306
7	Re-appoint KPMG LLP as auditor of the Company and approve their fees	35,599,436	99.9	27,099	0.1	36,912	35,626,535
8	Approve the continuation of the Company as an investment trust	35,454,931	99.5	192,586	0.5	13,888	35,647,517
9	Approve repurchase of shares (Special Resolution)	35,625,300	99.9	23,152	0.1	14,995	35,648,452
10	Approve authority to allot shares	35,611,674	99.9	25,062	0.1	26,712	35,636,736
11	Approve authority to allot shares without pre-emption (Special resolution)	35,591,286	99.9	44,651	0.1	27,510	35,635,937
12	Approve new Articles of Association (Special resolution)	35,601,401	99.9	32,565	0.1	29,481	35,633,966

The full text of the resolutions can be found in the Annual Report which is available on the Company's website, www.aberdeen-newindia.co.uk* .

As set out in the Annual Report, Hasan Askari and Stephen White resigned as Directors of the Company at the conclusion of the Annual General Meeting.

With effect from the conclusion of the Annual General Meeting, Michael Hughes has been appointed Chairman of the Company while David Simpson and Andrew Robson have been appointed as Senior Independent Director and Chairman of the Audit Committee, respectively.

Copies of resolutions 8, 9, 10, 11 and 12, passed under special business, will shortly be submitted to the National Storage Mechanism and available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism *.

Enquiries:

Stuart Reid

Aberdeen Asset Management PLC

Secretaries

Tel. [phone]

*Neither the Company's website nor the content of any website accessible from hyperlinks on that website (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

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