Result of AGM

Value and Indexed Prop Inc Tst PLC

02 August 2023

 

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, Wednesday, 2 August 2023, at the Kingham Room, Broadway House Conference Centre, Tothill Street, London SW1H 9NQ, Ordinary Resolutions numbered 1 to 12, inclusive, and Special Resolutions numbered 13 to 15, inclusive, as set out in the Notice of Annual General Meeting within the 2023 Annual Report, were passed on a show of hands.

At the record date for the Annual General Meeting, being 31 July 2023, the total number of voting rights in the Company stood at 42,957,464 and the total number of shares in issue was 42,957,464 (excluding 2,592,511 shares held in treasury). The Company advises that for the Annual General Meeting, 98 valid proxy appointments were made in respect of up to 14,966,745 shares.

In relation to Resolution 14 (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 6,439,323 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	14,955,564	99.93	11,181	0.07	0	14,966,745
2	14,809,200	99.23	114,193	0.77	43,352	14,923,393
3	14,802,200	99.19	121,193	0.81	43,352	14,923,393
4	14,954,564	99.92	12,181	0.08	0	14,966,745
5	13,969,853	93.41	985,982	6.59	10,910	14,955,835
6	14,210,370	95.01	746,715	4.99	9,660	14,957,085
7	14,026,978	93.79	928,107	6.21	11,660	14,955,085
8	14,708,922	98.35	246,164	1.65	11,659	14,955,086
9	14,721,422	98.44	233,664	1.56	11,659	14,955,086
10	14,883,820	99.61	58,499	0.39	24,426	14,942,319
11	14,901,836	99.69	45,804	0.31	19,105	14,947,640
12	14,895,277	99.53	69,946	0.47	1,522	14,965,223
13	14,717,520	98.48	227,686	1.52	21,539	14,945,206
14	14,868,089	99.34	98,656	0.66	0	14,966,745
15	14,894,557	99.53	69,777	0.47	2,411	14,964,334

Copies of Resolutions 12, 13 and 14 and 15, 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 will be available shortly 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]

2 August 2023

 

END