Result of AGM

RNS Number : 3222G
Value and Indexed Prop Inc Tst PLC
23 July 2021
 

VALUE AND INDEXED PROPERTY INCOME TRUST PLC

 

Result of Annual General Meeting

 

The Board announces that at the Annual General Meeting of Value and Indexed Property Income Trust PLC, held at 12.30pm today, Friday, 23 July 2021, at the offices of Maven Capital Partners UK LLP, First Floor Kintyre House, Glasgow G2 2LW, Ordinary Resolutions numbered 1 to 11, inclusive, and Special Resolutions numbered 12 to 14 inclusive, as set out in the Notice of Meeting within the 2021 Annual Report, were passed on a show of hands.

At the record date for the Annual General Meeting, being 21 July 2021, the total number of voting rights in the Company stood at 43,557,464 and the total number of shares in issue was 43,557,464 (excluding shares held in treasury). The Company advises that for the Annual General Meeting, 113 valid proxy appointments were made in respect of up to 16,746,225 shares.

In relation to Resolution 13 (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 6,529,263 Ordinary Shares as at the date of the passing of the Resolution.

 

The numbers of proxy votes cast in respect of each Resolution were as follows:

 


For and Chairman's Discretion

Against

Votes

Total Votes

Resolution

No. of

% of

No. of

% of

Withheld

(excluding Votes Withheld)

Number

Votes

Votes Cast

Votes

Votes Cast


1

16,062,397

100.00

0

0.00

688,045

16,062,397

2

15,901,825

99.18

131,703

0.82

716,914

16,033,528

3

16,062,397

95.92

683,828

4.08

4,217

16,746,225

4

14,322,329

88.64

1,835,575

11.36

592,538

16,157,904

5

14,962,947

89.43

1,768,290

10.57

19,205

16,731,237

6

14,967,063

89.60

1,737,173

10.40

46,206

16,704,236

7

15,279,029

91.32

1,452,207

8.68

19,206

16,731,236

8

16,037,409

100.00

0

0.00

713,033

16,037,409

9

16,002,566

99.78

35,375

0.22

712,501

16,037,941

10

16,016,917

99.84

26,375

0.16

707,150

16,043,292

11

16,045,696

99.90

16,701

0.10

688,045

16,062,397

12

15,786,505

99.32

107,792

0.68

839,995

15,894,297

13

15,952,018

99.55

71,511

0.45

710,763

16,023,529

14

15,961,977

99.44

90,420

0.56

698,045

16,052,397

 

Copies of Resolutions 11, 12, 13 and 14, all of which were passed at the AGM, have been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at:

  https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism*

A copy of the Investment Manager's AGM presentation together with a copy of the 2021 Annual Report may be downloaded from the website of the Company's Investment Manager, OLIM Property Limited, at:

https://www.olimproperty.co.uk/value-and-indexed-property-income-trust.html *

 

* Neither the website of the Company's Investment Manager, 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: 0141 306 7400

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