Result of AGM

RNS Number : 8911K

Gore Street Energy Storage Fund PLC

06 September 2021

 

6 September 2021

Gore Street Energy Storage Fund plc

(the "Company")

LEI: 213800GPUNVGG81G4O21

Result of 2021 Annual General Meeting

The Board of Gore Street Energy Storage Fund plc, announces that at the Company's 2021 Annual General Meeting held today, all resolutions proposed at the AGM were voted on and passed by a poll by the Company's shareholders and the results of the proxy votes received are set out below.

Resolutions 1 to 11 (inclusive) were proposed as ordinary resolutions and resolutions 12 to 15 (inclusive) were proposed as special resolutions.

	Resolution	Votes For*	%	Votes Against	%	Total votes validly cast	Total votes cast as % of issued share capital	Vote Withheld **
1	Receive annual accounts for period ended 31 March 2021	111,640,022	99.98	18,300	0.02	111,658,322	40.42	44,417
2	Approve directors' remuneration report	111,448,581	99.86	158,158	0.14	111,606,739	40.40	96,000
3	Approve the company's dividend policy	111,652,305	99.99	13,100	0.01	111,665,405	40.43	37,334
4	Re-elect Patrick Cox as a director	111,535,001	99.91	102,140	0.09	111,637,141	40.42	65,598
5	Re-elect Caroline Banszky as a director	111,555,121	99.91	98,736	0.09	111,653,857	40.42	48,882
6	Re-elect Malcolm King as a director	111,542,904	99.92	92,137	0.08	111,635,041	40.41	67,698
7	Re-elect Thomas Murley a director	111,544,901	99.92	90,140	0.08	111,635,041	40.41	67,698
8	To appoint EY LLP as the Company's auditor	111,530,984	99.89	117,788	0.11	111,648,772	40.42	53,967
9	To authorise the board of directors to determine the auditors remuneration	106,760,087	95.62	4,885,274	4.38	111,645,361	40.42	57,377
10	To authorise the Directors to allot shares under section 551 Companies Act 2006	111,386,587	99.77	259,451	0.23	111,646,038	40.42	56,701
11	Subject to the passing of resolution 10, to authorise the Directors to allot additional shares under section 551 Companies Act 2006	111,475,712	99.85	168,076	0.15	111,643,788	40.42	58,951
12	Subject to the passing of resolution 10, to disapply statutory pre-emption rights under section 570 Companies Act 2006	111,411,295	99.79	231,666	0.21	111,642,961	40.42	59,778
13	Subject to the passing of resolution 11, to disapply statutory pre-emption rights under section 570 Companies Act 2006	106,451,251	95.35	5,189,447	4.65	111,640,698	40.42	62,040
14	To authorise the Company to make market purchase of its own ordinary shares	111,503,554	99.87	140,268	0.13	111,643,822	40.42	58,917
15	To permit general meetings to be called on 14 days' notice	110,631,839	99.08	1,029,136	0.92	111,660,975	40.42	41,764

* Includes discretionary votes

** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

Notes:

Every shareholder has one vote for every Ordinary Share held. As at 29 July 2021, the share capital of the Company consisted of 276,224,622 Ordinary Shares with voting rights. The Company does not hold any shares in Treasury.

In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Gore Street is London's first listed energy storage fund and seeks to provide shareholders with a significant opportunity to invest in a diversified portfolio of utility scale energy storage projects. In addition to growth through exploiting its considerable pipeline, the Company aims to deliver consistent and robust dividend yield as income distributions to its shareholders.

Further information is available at www.gorestreetcap.com/energy-storage-fund/  

 

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RAGUNVVRAOUKRAR