Result of AGM

RNS Number : 7411H

AVI Japan Opportunity Trust PLC

26 March 2020

 

AVI Japan Opportunity Trust PLC

Results of Annual General Meeting

LEI: 894500IJ5QQD7FPT3J73

26 March 2020

The Board of AVI Japan Opportunity Trust PLC (the "Company") is pleased to announce that all Resolutions proposed at the Annual General Meeting of the Company held at 10.30am on Thursday, 26 March were duly passed. Voting on all resolutions was conducted by way of a show of hands.

The full text of the Resolutions can be found in the Notice of Annual General Meeting dated 12 February 2020, which has previously been submitted to the National Storage Mechanism and is available for inspection at: http://www.morningstar.co.uk/uk/NSM.do . The document is also available for download from the Company's website, www.ajot.co.uk .

For completeness, proxy votes received in respect of the Resolutions were as follows:

Resolutions	Votes For		Votes Against		Votes at Chairman's Discretion	Votes Withheld
Resolution 1 To receive the directors' report and audited accounts of the Company	24,573,886	100%	0	0.00%	0	2,862
Resolution 2 To approve a final ordinary dividend of 0.9p per Ordinary Share	24,573,886	100%	0	0.00%	0	2,862
Resolution 3 To elect Norman Crighton as a Director of the Company	24,562,552	99.97%	200	0.01%	6,000	7,996
Resolution 4 To elect Mr Yoshi Nishio as a Director of the Company	24,562,752	99.98%	0	0.00%	6,000	7,996
Resolution 5 To elect Ms Margaret Stephens as a Director of the Company	24,560,169	99.97%	2,583	0.01%	6,000	7,996
Resolution 6 To elect Ms Ekaterina Thomson as a Director of the Company	24,560,369	99.97%	2,383	0.01%	6,000	7,996
Resolution 7 To appoint BDO LLP as Auditor of the Company	24,558,169	99.96%	4,583	0.02%	6,000	7,996
Resolution 8 To authorise the Directors to determine the Auditor's remuneration	24,561,100	99.97%	200	0.01%	6,000	9,448
Resolution 9 To receive and approve the Directors' Remuneration Report	24,330,617	99.06%	224,817	0.92%	6,000	15,314
Resolution 10 To receive and adopt the Directors' Remuneration Policy	24,330,517	99.06%	224,817	0.92%	6,000	15,414
Resolution 11 To authorise the Directors to allot securities up to an aggregate nominal amount of £229,779	24,362,069	99.15%	204,817	0.83%	6,000	3,862
Resolution 12 To authorise the Directors to allot securities for cash and to disapply statutory pre-emption rights up to an aggregate nominal value of £114,889	24,263,766	98.75%	303,120	1.23%	6,000	3,862
Resolution 13 To authorise the Directors to allot securities for cash and to disapply statutory pre-emption rights up to a further aggregate nominal value of £114,889	21,118,336	85.95%	3,448,550	14.03%	6,000	3,862
Resolution 14 To authorise the Directors to make market purchases of Ordinary Shares in the capital of the Company up to an aggregate number of 17,221,972 shares	24,354,452	99.11%	218,434	0.89%	0	3,862
Resolution 15 To authorise the Company to hold general meetings on 14 clear days' notice	24,432,823	99.43%	141,063	0.57%	0	2,862
Resolution 16 To adopt the new articles of association	24,565,503	99.97%	2,383	0.01%	6,000	2,862
Resolution 17 To permit electronic communications with Shareholders	24,565,503	99.97%	8,383	0.03%	0	2,862

Enquiries:

Joe Bauernfreund Asset Value Investors Investment Manager	020 7659 4800
Nezia Morgan Link Company Matters Limited Company Secretary	01392 477 500

Notes:

A copy of this announcement will be available on the Company's website and, in accordance with Listing Rule 9.6.2, copies of resolutions 11 to 17 have been submitted to and will shortly be available for inspection at the National Storage Mechanism at http://www.morningstar.co.uk/uk/NSM .

Terms used and not defined in this announcement bear the meaning given to them in the Notice of Meeting.

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

 

END

 

 

RAGSEMFEMESSEED