Result of AGM

AVI Japan Opportunity Trust PLC

01 May 2024

 

AVI Japan Opportunity Trust PLC

Results of Annual General Meeting

LEI: 894500IJ5QQD7FPT3J73

1 May 2024

The Board of AVI Japan Opportunity Trust PLC (the "Company") is pleased to announce that all Resolutions proposed at the Annual General Meeting of the Company held at 11.30 a.m. on Wednesday, 1 May 2024 were duly passed. Voting on all resolutions was conducted by a show of hands.

The full text of the Resolutions can be found in the Notice of Annual General Meeting dated 13 March 2024, which has previously been submitted to the National Storage Mechanism and is available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The document is also available for download from the Company's website, www.ajot.co.uk/ajot-agm/.

For completeness, proxy votes received in respect of the Resolutions were as follows:

Resolutions	Votes For		Votes Against		Votes at Chairman's Discretion	Votes Withheld
Resolution 1 To receive the audited accounts of the Company	50,104,967	100.00%	0	0.00%	0	0
Resolution 2 To approve a final ordinary dividend of 0.85p per Ordinary Share	50,104,767	100.00%	0	0.00%	0	200
Resolution 3 To re-elect Mr Norman Crighton as a Director of the Company	50,021,311	99.83%	83,234	0.17%	0	422
Resolution 4 To re-elect Mr Yoshi Nishio as a Director of the Company	50,097,229	99.99%	7,316	0.01%	0	422
Resolution 5 To re-elect Ms Margaret Stephens as a Director of the Company	50,064,211	99.92%	40,334	0.08%	0	422
Resolution 6 To re-elect Ms Ekaterina Thomson as a Director of the Company	50,097,429	99.99%	7,116	0.01%	0	422
Resolution 7 To reappoint BDO LLP as Auditor to the Company	50,036,451	99.86%	68,316	0.14%	0	200
Resolution 8 To authorise the Directors to determine the Auditor's remuneration	50,062,835	100.00%	2,132	0.00%	0	0
Resolution 9 To receive and approve the Directors' Remuneration Report	49,994,647	99.78%	110,120	0.22%	0	200
Resolution 10 To authorise the Directors to allot securities up to an aggregate nominal amount of £281,673	50,100,254	99.99%	4,713	0.01%	0	0
Resolution 11 To authorise the Directors to allot securities for cash and to disapply statutory pre-emption rights up to an aggregate nominal value of £140,836	50,042,849	99.88%	62,118	0.12%	0	0
Resolution 12 To authorise the Directors to allot securities for cash and to disapply statutory pre-emption rights up to a further aggregate nominal value of £140,836	50,039,981	99.87%	64,986	0.13%	0	0
Resolution 13 To authorise the Directors to make market purchases of Ordinary Shares in the capital of the Company up to an aggregate number of 21,111,421 shares	50,104,967	100.00%	0	0.00%	0	0
Resolution 14 To authorise the Company to hold general meetings on 14 clear days' notice	49,941,076	99.67%	162,891	0.33%	0	1,000

Enquiries:

Joe Bauernfreund Asset Value Investors Investment Manager	020 7659 4800
Nezia Morgan Link Company Matters Limited Company Secretary	0333 300 1950

Notes:

A copy of this announcement will be available on the Company's website and, in accordance with Listing Rule 9.6.2, copies of resolutions 10 to 14 will shortly be available for inspection at the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Terms used and not defined in this announcement bear the meaning given to them in the Notice of Meeting.

Neither the NSM website nor 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