Update on 2019 Annual General Meeting voting

RNS Number : 6455J

CQS Natural Resources Grwth&Inc PLC

15 April 2020

 

To:  RNS

From:  CQS Natural Resources Growth and Income PLC

LEI:  549300ES8CNIK2CQR054

Date:  15 April 2020

CQS Natural Resources Growth and Income PLC

("the Company")

Update on 2019 Annual General Meeting voting

At the Company's Annual General Meeting (AGM) held on 5 December 2019, special resolution 13, relating to the disapplication of pre-emption rights, was not passed as 50.25% of the votes cast were against.  In accordance with the requirement of Provision 4 of the UK Corporate Governance Code 2018, the Company is providing this update having consulted with the shareholder who voted against.  

The Company is pleased to confirm that it would not, under any ordinary circumstance, seek to issue shares at a discount to net asset value per share. In the unlikely circumstance that the Directors consider such an action to be in the interests of shareholders it would seek a specific enabling, or ratifying, authority to do so from shareholders. 

The Board will continue to engage with shareholders and will provide a further update, as appropriate, in the 2020 Annual Report.

For further information please contact: 

Maitland Administration Services Limited

Email: [e-mail]

Tel: [phone]

 

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