Result of Annual General Meeting

GCP Infrastructure Investments Ltd

14 February 2024

 

GCP Infrastructure Investments Limited

("GCP Infra" and/or the "Company")

LEI213800W64MNATSIV5Z47

Result of Annual General Meeting ("AGM")

GCP Infra today announces the results of voting at the Annual General Meeting of the Company held on Wednesday 14 February 2024 at the Registered Office of the Company.

Each of the Ordinary Resolutions and Special Resolutions proposed in the notice and agenda of the AGM were duly passed by the shareholders on a poll. The results of the voting are noted as follows:

Summary Resolutions1	For / Discretion2	%	Against	%	Withheld
1.    Ordinary Resolution: THAT the Report of the Directors and the audited financial statements of the Company for the year ended 30 September 2023 be adopted.	431,488,315	99.87	569,000	0.13	65,300
2.    Ordinary Resolution: THAT the Directors' remuneration report for the year ended 30 September 2023 be received and approved.	431,186,770	99.88	512,038	0.12	423,808
3.    Ordinary Resolution: THAT Julia Chapman be re-elected as a director of the Company.	427,392,215	98.93	4,607,243	1.07	123,157
4.    Ordinary Resolution: THAT Michael Gray be re-elected as a director of the Company.	403,880,008	98.89	4,548,375	1.11	23,694,232
5.    Ordinary Resolution: THAT Steven Wilderspin be re-elected as a director of the Company.	431,697,413	99.93	302,047	0.07	123,156
6.    Ordinary Resolution: THAT Dawn Crichard be re-elected as a director of the Company.	431,674,390	99.92	326,070	0.08	122,156
7.    Ordinary Resolution: THAT Andrew Didham be re-elected as a director of the Company.	418,109,104	96.85	13,604,057	3.15	409,454
8.    Ordinary Resolution: THAT Alex Yew be re-elected as a director of the Company.	431,718,569	99.93	280,891	0.07	123,156
9.    Ordinary Resolution: THAT the Company's dividend policy be approved.	431,960,876	99.97	117,000	0.03	44,740
10. Ordinary Resolution: THAT KPMG Channel Islands Limited be re-appointed as Auditors to the Company.	431,802,288	99.94	250,164	0.06	70,164
11.    Ordinary Resolution: THAT the Audit and Risk Committee be authorised to determine the remuneration of KPMG Channel Islands Limited.	431,117,088	99.95	196,603	0.05	113,553
12.    Ordinary Resolution: THAT the Company be authorised to hold Ordinary Shares purchased pursuant to the authority granted under Resolution (13) as treasury shares.	431,222,888	99.97	116,836	0.03	87,520
13.    Special Resolution: THAT the Company be authorised to make market purchases of up to 132,631,171 Ordinary Shares.	431,211,801	99.96	180,447	0.04	34,996
14.    Special Resolution: THAT the Directors be authorised to allot and issue up to 88,479,766 Ordinary Shares, as if pre-emption rights in the articles did not apply.	430,787,326	99.88	517,485	0.12	122,433

1. The  full text of the resolutions may be found in the notice of the Annual General Meeting, a copy of which is available on both the Company's website at https://www.graviscapital.com/funds/gcp-infra/fund-info and on the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

2.  Any proxy appointments which gave discretion to the Chairman or a third party were voted for the resolution.

In accordance with Listing Rule 9.6.2, the full text of the special resolutions passed at the Annual General Meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information, please contact:

Gravis Capital Management Limited Philip Kent Ed Simpson Max Gilbert	[phone]
RBC Capital Markets Matthew Coakes Elizabeth Evans	[phone]
Stifel Nicolaus Europe Limited  Edward Gibson-Watt Jonathan Wilkes-Green	[phone]
Buchanan/Quill    Helen Tarbet Sarah Gibbons-Cook Henry Wilson	[phone]

Notes to the Editor

About GCP Infra

GCP Infra is a closed-ended investment company and FTSE-250 constituent whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained, long-term distributions and to preserve capital over the long term by generating exposure to UK infrastructure debt and related and/or similar assets.

The Company primarily targets investments in infrastructure projects with long term, public sector-backed, availability-based revenues. Where possible, investments are structured to benefit from partial inflation protection. GCP Infra is advised by Gravis Capital Management Limited.

GCP Infra has been awarded with the London Stock Exchange's Green Economy Mark in recognition of its contribution to positive environmental outcomes.

 

END