Result of AGM

RNS Number : 7131D

Value and Income Trust plc

08 July 2016

 

VALUE AND INCOME TRUST PLC

Result of Annual General Meeting

The Board announces that at the Annual General Meeting of Value and Income Trust PLC, held at 12.30pm today, Friday, 8 July 2016, at 1 Exchange Crescent, Edinburgh EH3 8UL, the Ordinary Resolutions numbered 1 to 10, inclusive, and Special Resolutions numbered 11 to 14 and, as set out in the Notice of Meeting within the 2016 Annual Report, were passed.

A copy of the 2016 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 or 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	13,226,305	100.00	20	0	3,449	13,226,325
2	13,164,133	99.68	42,282	0.32	23,359	13,206,415
3	13,229,754	100.00	20	0	0	13,229,774
4	11,623,447	88.33	1,535,701	11.67	70,626	13,159,148
5	12,725,978	96.71	433,170	3.29	70,626	13,159,148
6	13,054,128	98.70	172,146	1.30	3,500	13,226,274
7	13,054,128	98.70	172,146	1.30	3,500	13,226,274
8	13,159,128	100.00	20	0	70,626	13,159,148
9	13,222,253	99.95	7,521	0.06	0	13,229,774
10	12,929,461	99.99	2,123	0.02	298,190	12,931,584
11	12,868,744	99.51	64,012	0.49	297,018	12,932,756
12	13,155,965	99.48	69,199	0.52	4,610	13,225,164
13	12,885,430	97.40	344,344	2.60	0	13,229,774
14	13,172,406	99.75	33,949	0.26	23,419	13,206,355

Copies of Resolutions 10, 11, 12, 13 and 14, passed at the AGM, have been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM *

*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:

Miranda Kelly

Maven Capital Partners UK LLP

Company Secretary

Tel: [phone]

 

END

 

 

RAGAKFDDNBKDDOK