23 March 2020
Annual General Meeting
Ground Rents Income Fund plc (the "Company") announces that at the Annual General Meeting of the Company held at 1 London Wall Place, London EC2Y 5AU on Monday 23 March 2020, resolutions numbered 1 to 11 as set out in the Notice of Meeting were duly passed on a show of hands.
The proxy votes received by the Company were as follows:
|
Resolution |
For (including discretionary) |
% |
Against |
% |
Withheld |
Total % of Voting Capital voted (Including Withheld) |
1 |
Annual Report and Accounts |
34,759,113 |
100 |
0 |
0 |
0 |
35.83% |
2 |
Election of Bill Holland |
34,759,113 |
100 |
0 |
0 |
0 |
35.83% |
3 |
Re-election of Malcolm Naish |
34,660,733 |
99.87 |
45,463 |
0.13 |
52,917 |
35.83% |
4 |
Re-election of Paul Craig |
34,713,209 |
99.87 |
45,904 |
0.13 |
0 |
35.83% |
5 |
Re-appointment of Pricewaterhouse Coopers LLP as auditor |
34,758,063 |
99.99 |
1,050 |
0.01 |
0 |
35.83% |
6 |
Authority to determine the auditor's remuneration |
34,758,672 |
99.99 |
441 |
0.01 |
0 |
35.83% |
7 |
Approval of dividend policy |
34,759,113 |
100 |
0 |
0 |
0 |
35.83% |
8 |
Authority to allot shares |
34,754,512 |
99.99 |
4,601 |
0.01 |
0 |
35.83% |
9 |
Disapplication of pre-emption rights (first resolution) |
34,715,903 |
99.88 |
43,210 |
0.12 |
0 |
35.83% |
10 |
Disapplication of pre-emption rights (second resolution) |
34,715,903 |
99.88 |
43,210 |
0.12 |
0 |
35.83% |
11 |
Authority to purchase own shares |
34,719,308 |
99.89 |
39,805 |
0.11 |
0 |
35.83% |
*Resolutions 9, 10 and 11 were passed as special resolutions. Copies of resolutions 8, 9, 10, and 11 will be filed at Companies House.
Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.
The total number of ordinary shares of 50p each in issue is 97,006,497. The total number of voting rights is: 97,006,497 .
A copy of the resolutions passed at today's AGM will be available for inspection on the Company's website at http://www.groundrentsincomefund.com
Enquiries:
Matthew Riley
Schroder Investment Management Limited
020 7658 6596