Result of AGM

RNS Number : 8842R

Value and Indexed Prop Inc Tst PLC

08 July 2022

 

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, 8 July 2022, at the offices of Shepherd & Wedderburn LLP, 1 Exchange Crescent, Conference Square, Edinburgh EH3 8UL, Ordinary Resolutions numbered 1 to 10, inclusive, and Special Resolutions numbered 11 to 13, inclusive, as set out in the Notice of Annual General Meeting within the 2022 Annual Report, were passed on a show of hands.

At the record date for the Annual General Meeting, being 6 July 2022, 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 1,992,511 shares held in treasury). The Company advises that for the Annual General Meeting, 105 valid proxy appointments were made in respect of up to 16,151,163 shares.

In relation to Resolution 12 (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	15,512,665	96.05	638,498	3.95	0	16,151,163
2	15,403,466	95.44	735,199	4.56	12,498	16,138,665
3	15,467,138	95.76	684,025	4.24	0	16,151,163
4	14,485,711	89.76	1,651,877	10.24	13,575	16,137,588
5	14,771,813	91.52	1,369,213	8.48	10,137	16,141,026
6	14,616,312	90.56	1,522,975	9.44	11,876	16,139,287
7	15,402,924	95.43	738,102	4.57	10,137	16,141,026
8	15,471,942	95.86	668,658	4.14	10,563	16,140,600
9	15,483,963	95.88	665,779	4.12	1,421	16,149,742
10	15,506,058	96.01	645,105	3.99	0	16,151,163
11	15,388,158	95.28	763,005	4.72	0	16,151,163
12	15,433,960	95.56	717,203	4.44	0	16,151,163
13	15,355,821	95.15	782,931	4.85	12,411	16,138,752

Copies of Resolutions 11, 12 and 13, 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 2022 Annual Report will shortly be available to download 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: [phone]

8 July 2022

 

END

 

 

RAGUWUURUAUBRAR