Result of AGM

City of London Investment Trust PLC

29 October 2026

 

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

THE CITY OF LONDON INVESTMENT TRUST PLC

LEGAL ENTITY IDENTIFIER: 213800F3NOTF47H6AO55

29 October 2026

THE CITY OF LONDON INVESTMENT TRUST PLC

Annual General Meeting of the Company

held on Thursday, 29 October 2026

The City of London Investment Trust plc announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed on a poll. This included seven special business resolutions:

-        Resolution 11: to approve the Company’s dividend payment policy of continuing to pay four quarterly interim dividends in each year;

-        Resolution 12: to authorise the Directors to allot ordinary shares up to 10% of the issued ordinary share capital;

-        Resolution 13: to authorise the Directors to allot or to sell from treasury up to 10% of the issued ordinary share capital without first offering them to existing shareholders in accordance with statutory pre-emption procedures;

-        Resolution 14: to authorise the Company to make market purchases of the Company’s ordinary shares;

-        Resolution 15: to authorise the Company to make market purchases of the Company’s preferred stock;

-        Resolution 16: to hold general meetings other than an Annual General Meeting on not less than 14 clear days’ notice; and

-        Resolution 17: to adopt new Articles of Association.

The full text of all the resolutions can be found in the Notice of Annual General Meeting in the Company’s 2026 Annual Report which can be viewed on the Company's website at: www.cityinvestmenttrust.com.

The poll results were as follows:

Resolution	Votes FOR	% of votes FOR	Votes AGAINST	% of votes AGAINST	Total votes cast (excluding votes withheld)	Votes cast (excluding votes withheld) as a % of total voting rights	Votes withheld
1  Annual Report and financial statements	6,187,374	99.85	9,235	0.15	6,196,609	17.92	33,772
2  Directors’ Remuneration Report	6,106,839	98.92	66,595	1.08	6,173,434	17.85	56,943
3 Directors’ Remuneration Policy	6,105,690	98.94	65,467	1.06	6,171,157	17.85	59,219
4  Re-election of Sir Laurie Magnus	6,152,654	99.49	31,477	0.51	6,184,131	17.88	46,250
5  Re-election of Mr Ominder Dhillon	6,144,920	99.44	34,601	0.56	6,179,521	17.87	50,860
6  Re-election of Mr Robert Holmes	6,153,006	99.54	28,480	0.46	6,181,486	17.88	48,896
7 Re-election of Ms Sally Lake	6,151,783	99.51	30,536	0.49	6,182,319	17.88	48,062
8  Re-election of Mrs Clare Wardle	6,151,351	99.50	31,216	0.50	6,182,567	17.88	47,810
9  Re-appointment of Ernst & Young LLP as auditors	6,118,930	98.95	65,129	1.05	6,184,059	17.88	46,322
10  Audit and Risk Committee to determine the auditors’ remuneration	6,160,184	99.53	29,345	0.47	6,189,529	17.90	40,850
11 Approve the dividend payment policy	6,192,726	99.86	8,844	0.14	6,201,570	17.93	28,810
12 Authority to allot ordinary shares	6,156,935	99.47	33,076	0.53	6,190,011	17.90	40,371
13 Authority to disapply pre-emption rights on allotment or sale of ordinary shares*	6,110,608	98.87	69,943	1.13	6,180,551	17.87	49,829
14 Authority to make market purchases of ordinary shares*	6,167,215	99.56	27,407	0.44	6,194,622	17.91	35,183
15 Authority to make market purchases of preferred stock*	6,170,559	99.70	18,629	0.30	6,189,188	17.90	41,192
16 Authority to call a general meeting on 14 clear days’ notice*	6,120,385	98.87	70,130	1.13	6,190,515	17.90	39,863
17 Adopt new Articles of Association*	5,694,706	99.24	43,897	0.76	5,738,603	16.60	491,776

* Special resolution.

For the purposes of section 341 of the Companies Act 2006, the votes validly cast are expressed in the table above as a percentage of the Company's total voting rights as at the close of business on 27 October 2026 (34,579,489), being the time at which a shareholder had to be registered in the register of members in order to vote at the Annual General Meeting.  A vote "withheld" is not a vote in law and has not been counted as a vote "for" or "against" a resolution.

The number of ordinary shares in issue at the date of this announcement is 517,797,106. As at the date of this announcement the number of voting rights in the Company is:

a) 34,519,807 in respect of the ordinary shares (one vote for every 15 shares held);

b) 30,198 in respect of the First Preference Stock (one vote for every £10 of stock held); and

c) 29,484 in respect of the Preferred Ordinary Stock (one vote for every £20 of stock held).

Therefore, the total number of voting rights in the Company is 34,579,489.

A copy of the poll results will shortly be available on the Company’s website at: www.cityinvestmenttrust.com

A copy of the special business resolutions will be submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection on the NSM's website at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information please contact:

Janus Henderson Secretarial Services UK Limited Corporate Secretary to The City of London Investment Trust plc Tel: [phone]

Job Curtis Fund Manager The City of London Investment Trust plc Tel: [phone]

Harriet Hall PR Director, Investment Trusts Janus Henderson Investors Tel: [phone]

 

END