Result of AGM

RNS Number : 6730G

Murray Income Trust PLC

27 November 2020

 

27 November 2020

MURRAY INCOME TRUST PLC

Result of Annual General Meeting

At the Annual General Meeting ("AGM") of the Murray Income Trust PLC (the "Company") held today, 27 November 2020, all resolutions, as set out in the Notice of AGM contained in the Company's Annual Report for the year ended 30 June 2020 ("2020 Annual Report"), were passed. The 2020 Annual Report is available on the Company's website at www.murray-income.co.uk *.

As set out in the Annual Report 2020, the presentation normally made to the AGM by Charles Luke, the Company's Investment Manager, will shortly be available on the Company's website.

In relation to Resolution 16 (authority to allot shares), the relevant figure is 3,305,520 Ordinary shares, being the lower of the number of Ordinary shares stated in the Resolution in the 2020 Annual Report and 5% of the Ordinary shares (excluding treasury shares) in issue at the date of passing of the resolution at the AGM.

In relation to Resolution 17 (disapplication of pre-emption rights), the relevant figure is 6,611,040 Ordinary shares, being the lower of the number of Ordinary shares stated in the Resolution in the 2020 Annual Report and 10% of the Ordinary shares (excluding treasury shares) in issue at the date of passing of the resolution at the AGM.

In relation to Resolution 18 (authority to make market purchases of Ordinary shares), the relevant figure is 9,909,950 Ordinary shares, being the lower of the number of Ordinary Shares stated in the Resolution in the Annual Report and 14.99% of the Ordinary shares in issue at the date of passing of the resolution at the AGM.

The total number of proxy votes lodged was as follows:

Resolution Number	Resolution Description		For and Discretionary		Against		Votes Withheld	Total Votes (excluding Votes Withheld)
			Number of Votes	% of Votes Cast	Number of Votes	% of Votes Cast
1	Approval of Annual Report		39,199,945	100.0	6,658	0.0	21,281	39,206,603
2	Approval of Directors' Remuneration Report		38,948,887	99.6	167,323	0.4	111,674	39,116,210
3	Approval of Directors' Remuneration Policy		38,861,647	99.5	210,997	0.5	155,239	39,072,644
4	Approval of Company's policy to pay interim dividends		39,202,694	100.0	4,750	0.0	20,440	39,207,444
5	Re-election of Donald Cameron		38,843,206	99.3	288,758	0.7	95,920	39,131,964
6	Re-election of Stephanie Eastment		38,856,742	99.3	263,980	0.7	107,162	39,120,722
7	Re-election of Jean Park		38,880,165	99.4	247,746	0.6	99,973	39,127,911
8	Re-election of Neil Rogan		38,888,183	99.3	265,036	0.7	74,665	39,153,219
9	Re-election of Merryn Somerset Webb		38,834,502	99.3	292,191	0.7	101,191	39,126,693
10	Re-election of Peter Tait		38,868,278	99.4	253,233	0.6	106,373	39,121,511
11	Election of Georgina Field		38,917,876	99.6	141,118	0.4	168,890	39,058,994
12	Election of Alan Giles		38,905,904	99.6	165,654	0.4	156,326	39,071,558
13	Election of Richard Laing		38,803,985	99.3	271,240	0.7	152,659	39,075,225
14	Auditor reappointment		38,948,478	99.5	198,331	0.5	81,075	39,146,809
15	Auditor's remuneration		39,006,578	99.7	114,375	0.3	106,932	39,120,953
16	Authority to allot shares		39,070,635	99.8	85,756	0.2	71,493	39,156,391
17	Disapplication of Pre-emption Rights		38,891,532	99.6	170,169	0.4	166,183	39,061,701
18	Purchase of Shares		39,037,354	99.6	141,324	0.4	49,205	39,178,678
19	New Articles of Association		36,525,080	93.4	2,583,440	6.6	119,363	39,108,520

Copies of resolutions 1 to 19 inclusive are to be submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at: data.fca.org.uk/#/nsm/nationalstoragemechanism *.

* Neither the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

Enquiries :

Stuart Reid

Aberdeen Asset Management PLC

Secretaries

Tel. [phone]

 

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