Result of AGM

RNS Number : 7773S

Value and Income Trust plc

10 July 2015

 

VALUE AND INCOME TRUST PLC

Result of Annual General Meeting

The Board announces that at the Annual General Meeting of Value and Income Trust PLC, held at 12.30pm today, Friday 10 July 2015, at 1 Exchange Crescent, Edinburgh EH3 8UL, the Ordinary Resolutions numbered 1 to 9, inclusive, and Special Resolutions numbered 10 to 12 and, as set out in the Notice of Meeting within the 2015 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 11 (authority to make market purchases of Ordinary shares either for cancellation or 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	13,760,241	100.00	0	0.00	3,200	13,760,241
2	13,712,026	99.74	35,777	0.26	15,638	13,747,803
3	13,763,442	100.00	0	0.00	0	13,763,442
4	13,279,405	96.54	475,436	3.46	8,601	13,754,841
5	13,275,347	96.54	475,243	3.46	12,851	13,750,590
6	12,637,815	96.62	442,662	3.38	682,964	13,080,477
7	12,603,257	96.37	474,911	3.63	685,273	13,078,168
8	13,732,353	99.89	15,133	0.11	15,955	13,747,486
9	13,710,320	99.87	17,822	0.13	30,187	13,728,142
10	13,558,581	98.56	197,499	1.44	7,361	13,756,080
11	13,664,751	99.32	94,080	0.68	4,610	13,758,831
12	13,360,780	97.14	392,922	2.86	9,740	13,753,702

Passing of Resolutions under Special Business

Copies of Resolutions 9, 10, 11 and 12, passed under Special Business at the AGM, have been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM *

*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:

Miranda Kelly

Maven Capital Partners UK LLP

Company Secretary

Tel. [phone]

 

END

 

 

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