Result of AGM

Henderson Opportunities Trust PLC

07 March 2024

 

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

HENDERSON OPPORTUNITIES TRUST PLC

LEGAL ENTITY IDENTIFIER: 2138005D884NPGHFQS77

7 March 2024

HENDERSON OPPORTUNITIES TRUST PLC

Annual General Meeting held on Thursday 7 March 2024

Henderson Opportunities Trust plc announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed on a poll.

The poll results received in relation to each resolution were as follows:

	Resolution	Votes for (including at Chairman's discretion)	%	Votes Against	%	Total Votes Cast (excluding votes withheld)	Total Votes Cast (excluding votes withheld) as a percentage of total voting rights	Votes Withheld
1	Annual Report and audited financial statements	1,814,246	99.73	4,901	0.27	1,819,147	23.03	1,612
2	Approve a final dividend of 13.0p per share	1,807,901	99.74	4,739	0.26	1,812,640	22.95	8,119
3	Directors' Remuneration Report	1,788,874	98.90	19,838	1.10	1,808,712	22.90	12,047
4	To re-appoint Wendy Colquhoun as a Director	1,721,647	95.05	89,749	4.95	1,811,396	22.93	9,363
5	To re-appoint Davina Curling as a Director	1,719,257	94.91	92,139	5.09	1,811,396	22.93	9,363
6	To re-appoint Frances Daley as a Director	1,722,417	95.09	88,979	4.91	1,811,396	22.93	9,363
7	To re-appoint Harry Morgan as a Director	1,726,147	95.29	85,249	4.71	1,811,396	22.93	9,363
8	Re-appoint BDO LLP as statutory auditors	1,804,562	99.67	6,057	0.33	1,810,619	22.92	10,140
9	Authorise Directors to determine the remuneration of the statutory auditor	1,800,323	99.52	8,723	0.48	1,809,046	22.90	11,713
10	Increase the maximum aggregate annual remuneration payable to Directors to £165,000 per annum	1,694,537	93.70	114,022	6.30	1,808,046	22.90	12,200
11	Ordinary shares of 25 pence each to be sub-divided into five ordinary shares of 5 pence each	1,730,178	95.19	87,346	4.81	1,817,524	23.01	3,235
12	Authority to allot relevant securities	1,726,618	95.11	88,787	4.89	1,815,405	22.98	5,354

13	*Authority to disapply pre-emption rights	1,710,886	94.63	96,993	5.37	1,807,879	22.89	12,880
14	*Authority to repurchase ordinary shares	1,803,803	99.21	14,340	0.79	1,818,143	23.02	2,616
15	*14 days' notice for a General Meeting	1,809,711	99.58	7,577	0.42	1,817,288	23.01	3,471

* Special resolution

The full text of all the resolutions can be found in the Notice of Meeting which is available on the National Storage Mechanism ("NSM") website.  A copy of the special business resolutions will be submitted to the NSM and will shortly be available for inspection on the NSM website at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

The number of ordinary shares in issue at the date of this announcement is 8,000,858, of which 102,483 ordinary shares are held in treasury.  As at the date of this announcement the Company's total voting rights therefore comprises 7,898,375 shares with one vote each.

For the purposes of section 341 of the Companies Act 2006, the votes validly cast are expressed in the table above as a percentage of the Company's total voting rights as at the close of business on 7 March 2024 (7,898,375), being the time at which a shareholder had to be registered in the register of members in order to attend and vote at the AGM.  A vote "withheld" is not a vote in law and has not been counted as a vote "for" or "against" a resolution.

The Company instructs J.P. Morgan Securities plc to act as its broker in respect of its market purchase transactions. The Company may utilise the authority to purchase shares by either a single purchase or a series of purchases when market conditions allow when they are trading at a discount to the underlying net asset value per share, with the aim of maximising the benefit to shareholders. This proposal does not indicate that the Company will purchase shares at any particular time or price, nor imply any opinion on the part of the Directors as to the market or other value of the Company's shares.  This arrangement is in accordance with Chapter 12 of the Financial Conduct Authority's Listing Rules and the Company's general authority to repurchase shares.

A copy of the poll results will shortly be available on the Company's website at:

www.hendersonopportunitiestrust.com

For further information, please contact:

James Henderson Fund Manager Henderson Opportunities Trust plc Telephone: [phone]		Laura Foll Fund Manager Henderson Opportunities Trust plc Telephone: [phone]
Dan Howe Head of Investment Trusts Janus Henderson Investors Telephone: [phone]		Harriet Hall PR Director, Investment Trusts Janus Henderson Investors Telephone: [phone]

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

 

END