Result of AGM

RNS Number : 7117C
Ground Rents Income Fund PLC
23 January 2018
 

23 January 2018

Ground Rents Income Fund plc (the "Company")

Result of AGM

The Company announces that, at the Annual General Meeting of the Company held at 11.00 a.m. today, Ordinary resolutions (numbers 1 - 5) and Special resolutions (number 6 and 7) put to shareholders were passed.

A summary of the votes lodged by proxy is as follows:

Resolution


For (see note 1)


Against (see note 1)


Number of votes withheld (see note 2)

 

Total votes cast



Number of votes

 

%

Number of votes

%



1

To receive the Annual Report and Accounts

 

25,832,360

100.0

-

-

-

25,832,360

2

To re-elect Simon Wombwell

 

25,134,874

97.3

697,486

2.7

-

25,832,360

3

To reappoint PwC as auditors

 

25,827,150

99.99

609

0.01

4,601

25,827,759

4

To approve the auditor's remuneration

 

25,832,360

100.0

-

-

-

25,832,360

5

To authorise the directors to allot ordinary shares

 

25,806,277

99.92

21,399

0.08

4,684

25,827,676

6*

To disapply pre-emption rights

 

25,805,668

99.9

25,008

0.1

1,684

25,830,676

7*

To authorise the Company to make market purchases

 

24,996,652

99.83

41,799

0.17

793,909

25,038,451

 

*Special resolution

Notes:

1. "Votes For" includes those giving the Chairman discretion and votes "For" and "Against" are expressed as a percentage of votes received.

2. A "Vote Withheld" is not a vote in law and is not counted in the calculation of the votes "For" and "Against" a resolution.

3. Total number of ordinary shares in issue at 11.00 a.m. on 23 January 2018 was 96,712,100 ordinary shares. 26.7% of voting capital was instructed.

A copy of the resolutions passed at today's AGM is available for viewing online at: http://www.groundrentsincomefund.com/.

 

FOR FURTHER INFORMATION CONTACT:

Ground Rents Income Fund plc

 


Simon Wombwell (Director)

 

0207 499 6424

Brooks Macdonald Funds Limited

 


James Agar (Director)

 

0207 659 3454

N+1 Singer (Broker)

 


James Maxwell / Liz Yong

 

0207 496 3000

Tavistock (Media)

 


Jeremy Carey / James Whitmore

 

0207 920 3150

Appleby Securities (Channel Islands) Limited (Sponsor)

 


Kate Storey / Danielle Machon

 

01481 755 600

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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