Result of AGM

RNS Number : 3256R

Aberdeen Diversified I&G Trust PLC

27 February 2019

 

27 February 2019

ABERDEEN DIVERSIFIED INCOME AND GROWTH TRUST PLC ("the Company")

Result of Annual General Meeting

At the Annual General Meeting ("AGM") of Aberdeen Diversified Income and Growth Trust plc ("the Company") held today, 27 February 2019, all resolutions, as set out in the Notice of AGM (the "2019 AGM Notice") included in the Annual Report for the year ended 30 September 2018 ("the 2018 Annual Report") published on 30 January 2019, were passed.  A copy of the 2019 AGM Notice is available at www.aberdeendiversified.co.uk.

In relation to Resolutions 11 and 12 (Authority to Allot Shares or Sell Shares from Treasury and Authority to Allot Shares or Sell Shares from Treasury without Pre-emption), the relevant figure is 33,070,171 Ordinary shares, being unchanged as at the date of passing of Resolutions 11 and 12 at the AGM from the figure included in the 2019 AGM Notice.

In relation to Resolution 13 (Authority to Make Market Purchases of Ordinary shares), the relevant figure is 49,572,185 Ordinary shares, being unchanged as at the date of passing of Resolution 13 at the AGM from the figure included in the 2019 AGM Notice.

Retirement of Kevin Ingram

As set out in the 2018 Annual Report, Kevin Ingram retired as a Director of the Company at the conclusion of the AGM. Kevin will be succeeded as Senior Independent Director by Davina Walter.

The total number of proxy votes lodged in favour of the Chairman was as follows:

Resolution		For and Discretionary		Against		Votes	Total Votes
Number		No. of	% of	No. of	% of	Withheld	(excluding Votes Withheld)
		Votes	Votes Cast	Votes	Votes Cast
1	Receive and adopt Directors' Report and audited financial statements for the year ended 30 September 2018	78,289,754	100.0	8,982	0.0	57,184	78,298,736
2	Receive and adopt Directors' Remuneration Report for the year ended 30 September 2018 (other than the Directors' Remuneration Policy)	77,512,787	99.3	539,973	0.7	303,160	78,052,760
3	Approve dividend policy to pay four quarterly dividends per year	78,293,551	100.0	11,410	0.0	44,846	78,304,961
4	Elect Davina Walter as a Director	77,903,833	99.7	210,346	0.3	241,741	78,114,179
5	Re-elect Tom Challenor as a Director	77,550,453	99.3	525,017	0.7	280,449	78,075,470
6	Re-elect Jim Grover as a Director	77,875,282	99.7	209,234	0.3	271,404	78,084,516
7	Re-elect Julian Sinclair as a Director	77,891,604	99.8	192,388	0.2	271,928	78,083,992
8	Re-elect James Long as a Director	77,863,694	99.7	204,755	0.3	287,470	78,068,449
9	Re-appoint Ernst & Young LLP as auditor of the Company	70,506,014	90.3	7,602,154	9.7	239,699	78,108,168
10	Authority to determine auditor's remuneration	78,134,528	99.9	84,747	0.1	136,645	78,219,275
11	Authority to allot shares	78,075,042	99.8	165,615	0.2	115,263	78,240,657
12	Authority to allot shares without pre-emption	77,777,476	99.6	286,691	0.4	291,752	78,064,167
13	Approve share buybacks	77,833,254	99.8	174,606	0.2	348,059	78,007,860
14	Hold general meetings on less than 14 days' notice	75,888,650	97.0	2,353,803	3.0	113,466	78,242,453

Passing of Special Resolutions

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

*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.

Enquiries:

Aberdeen Asset Management PLC

Secretaries

Tel. [phone]

 

END

 

 

RAGSELFIWFUSEDE