Result of AGM

RNS Number : 1450M

Value and Income Trust plc

11 July 2014

 

VALUE AND INCOME TRUST PLC

Result of Annual General Meeting

The Board announces that at the Annual General Meeting held at 12.30pm today, Friday 11 July 2014, at Condor House, 10 St Paul's Churchyard, London EC4M 8AL, the Ordinary Resolutions numbered 1 to 10, inclusive, and Special Resolutions numbered 11 to 14 and, as set out in the Notice of Meeting within the 2014 Annual Report, were passed.

A copy of the Annual Report may be downloaded from the websites of the Company's Investment Managers at http://www.olim.co.uk/literature.htm and http://olimproperty.co.uk/services.html*

In relation to Resolution 12 (authority to make market purchases of Ordinary shares either for cancellation of for holding in treasury), 14.99% of the Company's issued Ordinary share capital equated to 6,827,941 Ordinary shares as at the date of the passing of the Resolution.

In the event that a poll had been required on any Resolution, the total number of proxy votes cast for each Resolution was as follows:

	For and Discretionary		Against		Votes	Total Votes
Resolution	No. of	% of	No. of	% of	Withheld	(excluding Votes Withheld)
Number	Votes	Votes Cast	Votes	Votes Cast
1	12,545,477	100.00	0	0.00	4,663	12,545,477
2	12,464,469	99.43	71,051	0.57	14,619	12,535,520
3	12,438,581	99.29	88,630	0.71	22,928	12,527,211
4	12,543,140	99.94	7,000	0.06	0	12,550,140
5	11,796,069	94.04	747,838	5.96	6,232	12,543,907
6	11,782,263	93.90	765,377	6.10	2,500	12,547,640
7	11,141,279	89.27	1,339,272	10.73	69,589	12,480,551
8	11,460,027	96.34	435,586	3.66	654,526	11,895,613
9	12,528,553	99.96	4,910	0.04	12,740	12,533,463
10	12,494,829	99.75	31,610	0.25	23,700	12,526,439
11	12,385,906	98.85	144,049	1.15	20,184	12,529,955
12	12,456,287	99.30	87,599	0.70	6,253	12,543,886
13	12,470,712	99.45	68,447	0.55	10,980	12,539,159
14	12,158,346	96.90	388,804	3.10	2,989	12,547,150

Passing of Resolutions under Special Business

Copies of Resolutions 10, 11, 12, 13 and 14, passed under Special Business at the AGM, have been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at: www.Hemscott.com/nsm.do*

*Neither the websites of the Company's Investment Managers, nor the NSM 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:

Marie Ross

Maven Capital Partners UK LLP

Company Secretary

Tel. [phone]

 

END

 

 

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