Result of AGM

CQS Natural Resources Grwth&Inc PLC

15 December 2023

 

15 December 2023

CQS Natural Resources Growth and Income PLC

(the "Company")

Result of Annual General Meeting

The Board is pleased to announce that at the Annual General Meeting of the Company held on Friday, 15 December 2023, all resolutions as detailed below were duly passed by shareholders on a poll. 

Resolutions	Votes For	%	Votes Against	%	Total Votes Cast	Votes Withheld
1. To receive the Annual Report and Financial Statements for the year ended 30 June 2023.	8,151,890	99.98%	1,606	0.02%	8,153,496	768,049
2. To approve the Company's Dividend Policy.	8,151,890	99.98%	1,606	0.02%	8,153,496	768,049
3. To approve the Directors' Remuneration Report for the year ended 30 June 2023.	8,032,603	98.85%	93,260	1.15%	8,125,863	795,682
4. To re-elect Helen Green, who retires annually, as a Director.	7,598,243	93.97%	487,879	6.03%	8,086,122	835,423
5. To re-elect Carole Cable, who retires annually, as a Director.	7,671,541	94.94%	408,999	5.06%	8,080,540	841,005
6. To re-elect Paul Cahill, who retires annually, as a Director.	7,677,348	94.94%	408,774	5.06%	8,086,122	835,423
7. To re-elect Christopher Casey, who retires annually, as a Director.	7,677,348	94.94%	408,774	5.06%	8,086,122	835,423
8. To re-elect Alun Evans, who retires annually, as a Director.	7,671,766	94.88%	414,356	5.12%	8,086,122	835,423
9. To re-appoint BDO LLP as Independent Auditor of the Company.	8,135,925	99.91%	7,113	0.09%	8,143,038	778,507
10. To authorise the Audit Committee to determine the remuneration of the Independent Auditor.	8,095,227	99.36%	51,811	0.64%	8,147,038	774,507
11. To authorise the increase of the maximum aggregate amount payable to Directors.	7,941,605	97.79%	179,462	2.21%	8,121,067	800,478
12. That the Company continues as an investment trust pursuant to the undertaking given by the Board in 2003.	8,646,588	96.92%	274,957	3.08%	8,921,545	0
13. To authorise the Directors to allot securities in the Company.	8,064,363	99.07%	75,713	0.93%	8,140,076	781,469
14#. To disapply the rights of pre-emption in relation to the allotment of securities.	8,020,845	98.47%	124,860	1.53%	8,145,705	775,840
15#. To authorise the Company to make market purchases of Ordinary shares in the Company.	8,060,935	98.86%	92,561	1.14%	8,153,496	768,049

# - Special Resolution

Please note 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 resolution.

Notes:

Any proxy votes which are at the discretion of the Chairman have been included in the "for" total. A vote withheld is not a vote in law and is not counted in the votes for or against a resolution.

As at the date of the Annual General Meeting, the total number of voting rights in the Company was 66,888,509.

The full text of the resolutions can be found in the Notice of Annual General Meeting, which is available for viewing at the National Storage Mechanism and can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website, https://ncim.co.uk/city-natural-resources-high-yield-trust/.

In accordance with Listing Rule 9.6.2 and Listing Rule 9.6.3, the full text of the resolutions passed has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. Resolutions 11 to 15 will additionally be filed at Companies House.

Terms not otherwise defined in this announcement have the meaning given to them in the Notice of Meeting.  

For further information, please contact:

Frostrow Capital LLP Eleanor Cranmer, Company Secretary

[phone] [e-mail]

 

END