Result of General Meeting

RNS Number : 2777S

Nippon Active Value Fund PLC

12 November 2021

 

LEI: 213800JOFEGZJYS21P75

12 November 2021

Nippon Active Value Fund plc

Result of General Meeting

Nippon Active Value Fund plc (the "Company") announces that at the General Meeting of the Company held earlier today, all resolutions, as outlined in the circular dated 28 October 2021 (the "Circular") were passed.

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

Resolution	For		Against		Withheld*
	Votes	%	Votes	%	Votes
1.  To authorise the Directors to allot relevant securities under section 551 of the Companies Act 2006.	57,347,611	99.99	5,000	0.01	39,766
2.  To authorise the Directors to disapply pre-emption rights under sections 570 and 573 of the Companies Act 2006.	57,322,611	99.96	25,000	0.04	39,766
3.  To authorise the Company to make market purchases of its own C shares.	57,347,611	99.99	5,000	0.01	39,766

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

Resolution 1 was proposed as an ordinary resolution and resolutions 2 and 3 were proposed as special resolutions. The full text for each resolution is contained in the Circular, a copy of which is available on the Company's website at https://www.nipponactivevaluefund.com/ .

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 .

Enquiries:
Shore Capital Robert Finlay / Rose Ramsden (Corporate) Adam Gill / Matthew Kinkead (Sales) Henry Willcocks / Fiona Conroy (Corporate Broking)	020 7408 4050
PraxisIFM Fund Services (UK) Limited Tom Daish / Sylvanus Cofie	020 4513 9260
Media Enquiries Alex Gorokhov	020 3040 0892

 

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