Result of AGM

RNS Number : 3098P

Aquila European Renewables Income

08 June 2020

 

Aquila European Renewables Income Fund plc

Results of the Annual General Meeting

LEI: LEI: 213800UKH1TZIC9ZRP41

Aquila European Renewables Income Fund plc (the "Company") announces that all of the resolutions put forward at its Annual General Meeting held earlier today were passed.

As announced on the 28 April 2020, in response to the COVID-19 crisis and UK Government stay at home measures and restrictions on public gatherings, the Annual General Meeting was a closed meeting with shareholders voting in advance by proxy.

Details of the number of proxy votes cast for, against and withheld will shortly be published on the Company's website at www.aquila-european-renewable-income-fund.com .

The text of all the resolutions is contained in the notice of meeting in the Company's Annual Report for the year ended 31 December 2019.

The proxy votes received were as follows:

Resolution	Description	In Favour and Discretionary		Against		Withheld
1	Report & Accounts	106,488,867	96.4%	4,000,000	3.6%	0
2	Remuneration Policy	109,936,548	99.5%	552,319	0.5%	0
3	Remuneration Report	109,936,548	99.5%	552,319	0.5%	0
4	To Elect Ian Nolan	110,488,867	100.0%	0	0.0%	0
5	To Elect Patricia Rodrigues	110,488,867	100.0%	0	0.0%	0
6	To Elect David MacLellan	110,488,867	100.0%	0	0.0%	0
7	To Elect Kenneth MacRitchie	110,487,644	100.0%	0	0.0%	1,223
8	To Appoint PwC as Auditors	105,936,548	95.9%	4,552,319	4.1%	0
9	To permit the Board to authorise the Auditors fees	109,936,548	99.5%	552,319	0.5%	0
10	To Allow shareholders to receive electronic communications	110,488,867	100.0%	0	0.0%	0
11	To allot new shares	110,488,867	100.0%	0	0.0%	0
12	To allow shares to be issued for cash up to 10%	109,936,548	99.5%	552,319	0.5%	0
13	To allow shares to be issued for cash up to a further 10%	102,259,987	92.6%	8,228,880	7.4%	0
14	To make market purchases	109,936,548	99.5%	552,319	0.5%	0
15	Allow General Meetings to be held at 14 days' notice	109,936,548	100.0%	0	0.0%	552,319

The votes withheld is not a vote in law and is excluded from the calculation.

At the time of the above meeting, the Company's issued share capital was 193,411,876 Ordinary Shares and this is the total number of Ordinary Shares with voting rights in the Company. 

Copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Enquiries:

PraxisIFM Fund Services (UK) Limited	020 7653 9690
Company Secretary

8 June 2020

END

 

END

 

 

RAGKKFBQPBKDAAK