Result of Meeting

Octopus Renewables Infra Trust PLC

19 June 2024

 

19 June 2024

LEI: 213800B81BFJKWM2JV13

Octopus Renewables Infrastructure Trust plc

("ORIT" or the "Company")

Result of Annual General Meeting

Octopus Renewables Infrastructure Trust plc is pleased to announce that, at the Annual General Meeting of the Company held at 10.00 am this morning, all resolutions, as outlined in the Notice of Annual General Meeting (the "Notice") were passed.

A poll was held on each of the resolutions set out in the Notice and the results of the poll are set out below:

Resolution	For		Against		Withheld*
	Votes	%	Votes	%	Votes
1.       To receive the Company's Annual Report and Accounts for the year ended 31 December 2023 (the "Annual Report").	349,567,539	99.99%	23,085	0.01%	68,014
2.       To approve the Directors' Remuneration Report included in the Annual Report.	348,981,748	99.87%	439,093	0.13%	237,797
3.       To approve the Directors' Remuneration Policy included in the Annual Report.	348,948,253	99.86%	498,107	0.14%	212,278
4.       To re-elect Philip Austin as a director of the Company.	349,204,369	99.95%	172,625	0.05%	281,644
5.       To re-elect James Cameron as a director of the Company.	349,224,670	99.95%	188,650	0.05%	245,318
6.       To re-elect Elaina Elzinga as a director of the Company.	349,182,214	99.94%	206,196	0.06%	270,228
7.       To re-elect Audrey McNair as a director of the Company.	349,243,543	99.95%	160,494	0.05%	254,601
8.       To elect Sarim Sheikh as a director of the Company.	349,249,035	99.95%	190,703	0.05%	218,900
9.       To re-appoint PricewaterhouseCoopers LLP as auditor to the Company.	349,182,577	99.89%	394,109	0.11%	81,952
10.    To authorise the Directors to fix the remuneration of the auditor until the conclusion of the next Annual General Meeting of the Company.	349,394,182	99.95%	185,471	0.05%	78,985
11. To authorise the Directors to declare and pay all dividends of the Company as interim dividends.	349,516,793	99.98%	72,563	0.02%	69,282
12.    To authorise the Directors to allot relevant securities under section 551 of the Companies Act 2006.	349,312,459	99.93%	259,201	0.07%	86,988
13.    To authorise the Directors to disapply pre-emption rights under sections 570 and 573 of the Companies Act 2006.	349,107,014	99.87%	454,564	0.13%	97,070
14.    To approve further disapplication of pre-emption rights under sections 570 and 573 of the Companies Act 2006.	349,080,849	99.86%	487,905	0.14%	89,894
15.    To authorise the Company to make market purchases of its own ordinary shares.	349,460,349	99.96%	125,279	0.04%	73,010
16.    To authorise that General Meetings, other than Annual General Meetings, may be called on 14 clear days' notice.	349,124,818	99.87%	444,613	0.13%	89,207

*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "For" or "Against" the resolution.

The full text for each resolution is contained in the notice of Annual General Meeting, a copy of which is available on the Company's website at www.octopusrenewablesinfrastructure.com/investors/.

In accordance with LR9.6.2R, copies of all the resolutions passed other than resolutions concerning ordinary business will be submitted to the National Storage Mechanism website and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information please contact:

Octopus Energy Generation (Investment Manager) Chris Gaydon, David Bird	Via Buchanan
Peel Hunt (Broker) Liz Yong, Luke Simpson, Huw Jeremy (Investment Banking) Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris, Michael Bateman (Sales)	020 7418 8900
Buchanan (Financial PR) Charles Ryland, George Beale	020 7466 5000
Apex Listed Companies Services (UK) Limited (Company Secretary)	020 3327 9720

Notes to editors

About Octopus Renewables Infrastructure Trust

Octopus Renewables Infrastructure Trust plc ("ORIT") is a premium-listed, closed-ended investment company incorporated in England and Wales focused on providing investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets in Europe and Australia. As an impact fund, ORIT is helping accelerate the transition to net zero by investing in green energy, whilst also contributing to a broader set of UN Sustainable Development Goals through its impact initiatives. ORIT's investment manager is Octopus Energy Generation. 

Further details can be found at www.octopusrenewablesinfrastructure.com

About Octopus Energy Generation

Octopus Energy Generation is driving the renewable energy agenda by building green power for the future. Its specialist renewable energy fund management team invests in renewable energy assets and broader projects helping the energy transition, across operational, construction and development stages. The team was set up in 2010 based on the belief that investors can play a vital role in accelerating the shift to a future powered by renewable energy. It has a 13-year track record with approximately £6.7 billion of assets under management (AUM) (as of 31 March 2024) across 20 countries and total 4.0GW. These renewable projects generate enough green energy to power 2.5 million homes every year, the equivalent of taking over 1.5 million petrol cars off the road. Octopus Energy Generation is the trading name of Octopus Renewables Limited.

 Further details can be found at www.octopusenergygeneration.com

Neither the content of any website referred to in this announcement nor the content of any website accessible from hyperlinks is incorporated into, or forms part of, this announcement.

 

END