Result of AGM

RNS Number : 8314N

Ground Rents Income Fund PLC

02 February 2016

 

2 February 2016

Ground Rents Income Fund plc (the "Company")

Result of AGM

The Company announces that, at the Annual General Meeting of the Company held at 12.30 p.m. today, Ordinary resolutions (numbers 1 - 5) and Special resolution (number 7) put to shareholders were passed.

Special resolution (number 6) was not 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	43,038,403	100.0	-	-	-	43,038,403
2	To re-elect Malcolm Naish	43,029,760	99.9	8,643	0.1	-	43,038,403
3	To reappoint PwC as auditors	43,038,403	100.0	-	-	-	43,038,403
4	To approve the auditor's remuneration	43,038,403	100.0	-	-	-	43,038,403
5	To authorise the directors to allot ordinary shares	41,218,003	95.8	1,820,400	4.2	-	43,038,403
6*	To disapply pre-emption rights	28,099,636	65.3	14,938,767	34.7	-	43,038,403
7*	To authorise the Company to make market purchases	41,218,003	95.8	1,820,400	4.2	-	43,038,403

*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 12.30p.m. on 2 February 2016 was 93,124,311 ordinary shares. 46.2% 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 / Liz Yong / Tom Smale
Appleby Securities (Channel Islands) Limited (Sponsor)	[phone]
Kate Storey

 

END

 

 

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