Result of AGM

RNS Number : 7901P

Ground Rents Income Fund PLC

12 February 2019

 

12 February 2019

Ground Rents Income Fund plc (the "Company")

Result of AGM

The Company announces that, at the Annual General Meeting of the Company held at 10.30 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	30,613,980	100.0	-	-	-	30,613,980
2	To re-elect Malcolm Naish	29,686,112	99.85	45,463	0.15	882,405	29,731,575
3	To reappoint PwC as auditors	30,613,371	99.99	609	0.01	-	30,613,980
4	To approve the auditor's remuneration	30,613,980	100.0	-	-	-	30,613,980
5	To authorise the directors to allot ordinary shares	29,726,974	99.98	4,601	0.02	882,405	29,731,575
6*	To disapply pre-emption rights	29,726,974	99.98	4,601	0.02	882,405	29,731,575
7*	To authorise the Company to make market purchases	29,726,770	99.98	4,805	0.02	882,405	29,731,575

*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 10.30 a.m. on 12 February 2019 was 97,006,397 ordinary shares. 31.6% 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 (Head of Specialist Funds)	0207 659 3454
N+1 Singer (Broker)
James Maxwell / Ben Farrow	0207 496 3000
Tavistock (Media)
Jeremy Carey / James Whitmore	0207 920 3150
Appleby Securities (Channel Islands) Limited (Sponsor)
Andrew Weaver / Zim Ceko	01481 755 600

 

END

 

 

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