Result of AGM

RNS Number : 2482J

Value and Income Trust plc

12 July 2013

 

VALUE AND INCOME TRUST PLC

Result of Annual General Meeting

The Board announces that at the Annual General Meeting held at 12.30pm today, Friday 12 July 2013, at 5^th Floor, 1 Exchange Crescent, Conference Square, Edinburgh, EH3 8UL, the Ordinary Resolutions numbered 1 to 10, inclusive, and Special Resolutions numbered 11 and 12, as set out in the Notice of Meeting within the 2013 Annual Report, were passed.

A copy of the Annual Report may be downloaded from the websites of the Company's Investment Managers at http://www.olim.co.uk/literature.htm and http://olimproperty.co.uk/services.html*

In relation to Resolution 12 (authority to make market purchases of Ordinary shares either for cancellation of for holding in treasury), 14.99% of the Company's issued Ordinary share capital equated to 6,827,941 Ordinary shares as at the date of the passing of the Resolution.

In the event that a poll had been required on any Resolution, the total number of proxy votes cast for each Resolution was as follows:

	For and Discretionary		Against		Votes	Total Votes
Resolution	No. of	% of	No. of	% of	Withheld	(excluding Votes Withheld)
Number	Votes	Votes Cast	Votes	Votes Cast
1	13,767,841	99.74	35,829	0.26	1,672	13,803,670
2	13,669,219	99.63	50,722	0.37	86,875	13,719,941
3	13,806,817	100.00	0	0.00	0	13,806,817
4	13,723,310	100.00	680	0.00	82,827	13,723,990
5	13,644,749	99.76	33,266	0.24	128,800	13,678,015
6	13,611,867	99.55	61,898	0.45	133,050	13,673,765
7	12,463,108	94.03	791,930	5.97	551,778	13,255,038
8	13,049,293	99.20	105,440	0.80	652,083	13,154,733
9	13,782,140	99.92	10,648	0.08	14,028	13,792,788
10	13,751,809	99.97	4,271	0.03	50,736	13,756,080
11	13,652,147	99.06	130,059	0.94	24,610	13,782,206
12	13,663,229	99.03	133,488	0.97	10,100	13,796,717

Passing of Resolutions under Special Business

Copies of Resolutions 10, 11 and 12, passed under Special Business at the AGM, have been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at: www.Hemscott.com/nsm.do*

*Neither the websites of the Company's Investment Managers, nor the NSM 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.

Enquiries:

Maven Capital Partners UK LLP

Secretaries

Tel. [phone]

 

END

 

 

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