Results of Annual General Meeting

HICL Infrastructure PLC

18 July 2024

 

18 July 2024

HICL Infrastructure PLC

Results of Annual General Meeting

The Directors of HICL Infrastructure PLC ("HICL" or the "Company"), are pleased to announce the results of voting at the annual general meeting of the Company held at 2:00 PM on Wednesday, 17 July 2024 at Brewers Hall, Aldermanbury Square, Barbican, London EC2V 7HR (the "AGM" or the "Meeting").

The notice of the AGM and proposed agenda and resolutions were circulated to shareholders and announced to the market on 4 June 2024.

Each of the resolutions proposed at the AGM was duly passed. Voting was conducted by way of a poll on each of the resolutions put to the Meeting. This is seen as best practice as it gives all shareholders the opportunity to participate in the decision-making of the Company and have their votes recorded even if they are unable to attend the Meeting in person. The Board notes that 10.03% voted against the Directors' Remuneration Report and will therefore continue to consult with relevant shareholders to better understand their views.

Total proxy votes of 261 were cast at the AGM. The results of the voting are noted as follows:

		In Favour		Against		Withheld
Resolution	Type	Votes	%	Votes	%	Votes
1	Ordinary	1,252,255,239	99.99%	162,472	0.01%	92,777
2	Ordinary	1,201,893,119	95.97%	50,458,113	4.03%	159,256
3	Ordinary	1,241,103,977	99.10%	11,267,665	0.90%	138,846
4	Ordinary	1,241,211,457	99.11%	11,159,993	0.89%	139,038
5	Ordinary	1,241,083,395	99.10%	11,247,490	0.90%	179,603
6	Ordinary	1,230,313,058	99.09%	11,265,674	0.91%	10,931,756
7	Ordinary	1,241,116,693	99.10%	11,234,347	0.90%	159,448
8	Ordinary	1,241,158,875	99.11%	11,192,357	0.89%	159,256
9	Ordinary	1,126,636,567	89.97%	125,584,893	10.03%	289,028
10	Ordinary	1,242,003,478	99.19%	10,195,768	0.81%	311,242
11	Ordinary	1,220,239,054	97.43%	32,176,144	2.57%	95,290
12	Ordinary	1,238,006,444	98.85%	14,438,899	1.15%	65,145
13	Ordinary	1,252,366,339	99.99%	111,781	0.01%	32,368
14	Ordinary	1,176,767,272	99.28%	8,587,420	0.72%	67,155,796
15	Ordinary	1,251,773,427	99.95%	597,015	0.05%	140,046
16	Special	1,236,814,608	98.76%	15,514,915	1.24%	154,356

A copy of this announcement will be available on the Company's website and, in accordance with Listing Rule 9.6.2, the full text of the resolutions passed at the AGM may be found in the Notice of AGM published on 4 June 2024 available from the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Notes:,

1.   Defined terms used in this announcement shall bear the meanings given in the AGM Circular.

2.   Ordinary resolutions are passed if more than 50% of votes are cast in favour of the resolution; special resolutions are passed if more than 75% of votes are cast in favour of the resolution.

3.   The Discretionary votes received were voted in favour of each resolution.

4.   A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" and "against" a particular resolution.

-ends-

Enquiries

InfraRed Capital Partners Limited                                [phone] / [e-mail]

Edward Hunt

Helen Price

Brunswick                                                                          [phone] /[e-mail]

Sofie Brewis      

Investec Bank plc                                                             [phone]

David Yovichic

RBC Capital Markets                                                       [phone]

Matthew Coakes

Aztec Financial Services (UK) Limited                          [phone]

Chris Copperwaite

Sarah Felmingham

 

END