Result of AGM

RNS Number : 6706C

BMO Capital & Income Inv Tst PLC

11 February 2020

 

BMO CAPITAL AND INCOME INVESTMENT TRUST PLC

("the Company")

LEI: 21380052ETTRKV2A6Y19

11 February 2020

Annual General Meeting ("AGM") Results

The Company announces that at its AGM held earlier today all the resolutions as set out in the Notice of Annual General Meeting included within the Annual Report for the year ended 30 September 2019 were duly passed.  

In relation to Resolutions 13 (authority to allot shares) and 14 (disapplication of pre-emption rights), the relevant figure is £2,569,000 (10,276,000 ordinary shares), being approximately 10% of the Company's issued share capital (excluding treasury shares) at the date of passing of the resolution at the AGM.

In relation to Resolution 15 (authority to purchase shares), the relevant figure is 15,407,000 ordinary shares, being equivalent to approximately 14.99% of the Company's issued share capital (excluding treasury shares) at the date of passing of the resolution at the AGM.

The proxy votes received in respect of the resolutions proposed at the AGM are shown in the table below:

		For and Discretionary		Against		Withheld	Total Votes (excluding Votes Withheld)
	Resolution	No of Votes	% of Votes Cast	No of Votes	% of Votes Cast	No of Votes
1	Receive Report & Accounts	85,893,465	99.83	145,066	0.17	197,410	86,038,531
2	Approve Remuneration Policy	75,770,639	93.05	5,662,978	6.95	4,802,324	81,433,617
3	Approve Remuneration Report	76,928,808	94.16	4,775,557	5.84	4,531,576	81,704,365
4	Elect Jonathan Cartwright	82,136,796	98.38	1,353,083	1.62	2,746,062	83,489,879
5	Re-elect Steven Bates	81,649,541	97.62	1,990,866	2.38	2,595,534	83,640,407
6	Re-elect Sharon Brown	81,500,656	97.75	1,875,392	2.25	2,859,893	83,376,048
7	Re-elect Clare Dobie	81,510,605	97.45	2,129,947	2.55	2,595,389	83,640,552
8	Re-elect Jane Lewis	81,296,407	97.27	2,281,988	2.73	2,657,546	83,578,395
9	Re-elect Tim Scholefield	81,760,053	97.81	1,833,876	2.19	2,642,012	83,593,929
10	Appoint BDO LLP as Auditor	82,599,054	97.51	2,109,914	2.49	1,526,974	84,708,968
11	Remuneration of the Auditor	82,238,062	97.97	1,706,213	2.03	2,291,666	83,944,275
12	Approve dividend policy	85,579,827	99.52	409,824	0.48	246,290	85,989,651
13	Renew the authority to allot shares	83,721,793	98.27	1,477,834	1.73	1,036,314	85,199,627
14	Approve disapplication of pre-emption rights *	83,593,962	98.30	1,446,500	1.70	1,195,480	85,040,462
15	Renew authority to purchase own shares *	83,841,117	97.91	1,789,394	2.09	605,430	85,630,511

Resolutions 14 and 15 were passed as special resolutions and have been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm*.

The full text of all the resolutions can be found in the Notice of Annual General Meeting set out in Annual Report for the year ended 30 September 2019, copies of which are available on the Company's website www.bmocapitalandincome.com*. The Annual Report is also available for viewing at the NSM at www.morningstar.co.uk/uk/nsm*. 

*  Neither the Company's website nor the NSM 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.

A summary of proxy votes received will shortly be available on the Company's website www.bmocapitalandincome.com together with a copy of the Fund Manager's presentation.

Name of contact and telephone number for enquiries:

Hugh Potter

For and on behalf of BMO Investment Business Limited, Secretary
Telephone: [phone]

 

END

 

 

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