Result of AGM

RNS Number : 5194B

Dunedin Income Growth Inv Tst PLC

10 June 2021

 

DUNEDIN INCOME GROWTH INVESTMENT TRUST PLC

RESULTS OF THE ANNUAL GENERAL MEETING

Legal Entity Identifier (LEI):  549300PPXLZPR5JTL763

The Company announces that all of the resolutions proposed at the Annual General Meeting held on 10 June 2021 were duly passed. The total number of proxy votes lodged was as follows:

RESOLUTION	VOTES FOR/ DISCRETION	VOTES AGAINST	VOTES WITHHELD	TOTAL VOTES
1.  Receive the reports of the Directors and auditor and the financial statements for the year ended 31 January 2021	45,659,619	89,170	243,712	45,992,501
2.  Receive and adopt Directors' Remuneration Report (excluding the Directors' Remuneration Policy) for the year ended 31 January 2021	44,701,490	655,357	635,654	45,992,501
3.  Approve the payment of four interim dividends in respect of the year ended 31 January 2021	45,707,127	49,444	235,931	45,992,502
4.  Re-elect Jasper Judd as a Director	45,240,586	228,260	523,656	45,992,502
5.  Re-elect Howard Williams as a Director	45,247,989	234,655	509,858	45,992,502
6.  Re-elect David Barron as a Director	45,237,056	228,348	527,098	45,992,502
7.  Re-elect Christine Montgomery as a Director	45,189,147	305,497	497,858	45,992,502
8.  Re-appoint Deloitte LLP as auditor	45,024,566	420,003	547,933	45,992,502
9.  Authorise the Directors to determine the remuneration of the auditor for the year to 31 January 2022	45,385,993	195,688	410,821	45,992,502
10.  Authorise the Directors to allot shares	45,325,267	258,291	408,944	45,992,502
11.  Approve the disapplication of pre-emption provisions	44,702,654	496,510	793,338	45,992,502
12.  Authorise the Company  to buy back shares	44,472,928	377,762	1,141,812	45,992,502
13.  Change the Company's investment objective	44,613,553	725,362	653,587	45,992,502

 

Change of Investment Objective

The Company is pleased to note the Shareholder approval for the change to the Company's Investment Objective.  The expectation is that the Company's portfolio will be re-aligned quickly and will be fully compliant by the time of the release of the Company's half yearly results in September 2021, with most, if not all, changes having been completed before the end of July 2021.

Full Text of Resolutions

The full text of the resolutions can be found in the Notice of the Meeting set out in the Annual Report for the year ended 31 January 2021, copies of which are available on the Company's website, www.dunedinincomegrowth.co.uk *. The Annual Report has been submitted to the National Storage Mechanism ("NSM") and is available for inspection at: https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism  *.

* 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.

Enquiries:

Gordon Hay Smith

Aberdeen Asset Management PLC, Secretary

Tel. [phone]

 

END

 

 

RAGURAARANUNAAR