Result of AGM and GM

RNS Number : 9377V

Secured Income Fund PLC

16 December 2021

 

Secured Income Fund plc

(the "Company")

LEI: 213800TR2S2TT6PKVH57

16 December 2021

Results of Annual General Meeting and General Meeting

The Board of Secured Income Fund plc announces that, at the annual general meeting of the Company held earlier today, all of the proposed resolutions were approved by shareholders.

Defined terms have the meaning given to them in the Notice of AGM.

Details of the number of proxy votes cast for, against and withheld in respect of the Resolutions (each of which was held on a poll) are set out below and will also be published on the Company's website, https://kkvim.com/secured-income-fund/  

Resolution		For	Abstain	Against	Result
	As Ordinary Business
Ordinary Resolution 1	To receive annual report and accounts.	17,982,671	0	0	Resolution carried
Ordinary Resolution 2	To approve Directors' Remuneration Policy.	15,802,063	2,180,608	0	Resolution carried
Ordinary Resolution 3	To approve Directors' Remuneration Report.	17,942,063	40,608	0	Resolution carried
Ordinary Resolution 4	To elect Moore Kingston Smith LLP as auditor.	17,982,671	0	0	Resolution carried
Ordinary Resolution 5	To authorise Audit and Valuation Committee to determine auditor's remuneration.	17,982,671	0	0	Resolution carried
Ordinary Resolution 6	To re-elect Gaynor Coley as a Director.	17,942,063	40,608	0	Resolution carried
Ordinary Resolution 7	To re-elect David Clive Stevenson as a Director.	17,942,063	40,608	0	Resolution carried
Ordinary Resolution 8	To elect Brett Miller as a Director.	16,705,413	1,277,258	0	Resolution carried
	As Special Business
Ordinary Resolution 9	To authorise market purchases by the Company of shares representing 14.99% of the Company's issued Ordinary Share capital.	17,982,671	0	0	Resolution carried

Results of General Meeting

The Board of Secured Income Fund plc announces that, at the general meeting of the Company held earlier today, the proposed resolution was approved by shareholders.

Defined terms have the meaning given to them in the Notice of General Meeting.

Details of the number of proxy votes cast for, against and withheld in respect of the Resolutions (which was held on a poll) is set out below and will also be published on the Company's website, https://kkvim.com/secured-income-fund/  

As a Special Resolution	For	Abstain	Against	Result
THAT the Directors of the Company be and are hereby authorised to notify the LSE of its intention to cancel the admission of the Shares to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange, once the Net Asset Value of the Company falls below £7 million.	37,822,435	171,415	0	Resolution carried

Alternate Director Appointment

The Board announces the appointment of Mr Douglas Armstrong as an alternate independent, non-executive Director for Mr David Stevenson with effect from the start of the Annual General Meeting until the conclusion of the General Meeting. Mr Armstrong is a solicitor at Dickson Minto W.S., the Company's lawyers. Mr Armstrong acted as Chairperson of the meetings.

There is no other information required to be disclosed pursuant to paragraph 9.6.13R of the Listing Rules in relation to this appointment.

Enquiries:

Directors David Stevenson (Chair) Susan Gaynor Coley Brett Miller	tel: [phone] tel: [phone] tel: [phone]
KKV Investment Management Ltd Catherine Halford Riera	[e-mail]
finnCap Ltd. Corporate Finance: William Marle Sales: Mark Whitfeld	tel: [phone]

Notes:

Neither the Company's 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.

 

END

 

 

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