Result of AGM

RNS Number : 6807C

Ground Rents Income Fund PLC

20 January 2015

 

20 January 2015

Ground Rents Income Fund plc (the "Company")

Result of AGM

The Company announces that, at the Annual General Meeting of the Company held at 10.30 a.m. today, all resolutions put to ordinary shareholders were duly passed.

A summary of the votes lodged by proxy is as follows:

Resolution		For (see note 1)		Against (see note 1)		Number of votes withheld (see note 2)	Total votes cast
		Number of votes	%	Number of votes	%
1	To receive the Annual Report and Accounts	35,289,571	100.00	nil	nil	nil	35,289,571
2	To re-elect Simon Wombwell	35,020,759	99.24	268,812	0.76	nil	35,289,571
3	To reappoint PwC as auditors	35,289,571	100.00	nil	nil	nil	35,289,571
4	To authorise the directors to determine the auditors' remuneration	35,289,571	100.00	nil	nil	nil	35,289,571
5	To authorise the directors to allot ordinary shares	35,289,571	100.00	nil	nil	nil	35,289,571
6*	To disapply pre-emption rights	27,224,424	77.15	8,065,147	22.85	nil	35,289,571
7*	To authorise the Company to make market purchases	35,289,571	100.00	nil	nil	nil	35,289,571

*Special Resolution

Notes:

1. "Votes For" includes those giving the Chairman discretion and votes "For" and "Against" are expressed as a percentage of votes received.

2. A "Vote Withheld" is not a vote in law and is not counted in the calculation of the votes "For" and "Against" a resolution.

3. Total number of ordinary shares in issue at 10.30am on 20 January 2015 was 84,514,283 ordinary shares. 41.76% of voting capital was instructed.

A copy of the resolutions passed at today's AGM is available for viewing online at: http://www.groundrentsincomefund.com/.

FOR FURTHER INFORMATION CONTACT:

Simon Wombwell (Director)	[phone]
N+1 Singer (Broker)	[phone]
James Maxwell / Emily Watts
Appleby Securities (Channel Islands) Limited (Sponsor)	[phone]
Kate Storey

 

END

 

 

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