Result of AGM

CT UK High Income Trust PLC

28 July 2026

 

To:                   RNS

From:              CT UK High Income Trust PLC

Date:               28 July 2026

LEI:                  213800B7D5D7RVZZPV45

Information disclosed in accordance with UKLR 6.4.13

Subject: Result of Annual General Meeting

CT UK High Income Trust PLC (the 'Company') announces that, at the Annual General Meeting held on 28 July 2026, a poll was held on each of the 13 resolutions proposed and all were duly passed, including those detailed below:

·    An ordinary resolution renewing the Directors' authority to allot new Ordinary shares of 0.1 pence each up to an aggregate nominal amount of £9,072 (which equates to 9,072,000 Ordinary shares) and allot new B shares of 0.1 pence each up to an aggregate nominal amount of £1,536 (which equates to 1,536,000 B shares), being approximately 10.0% of the Company's total issued Ordinary shares (excluding shares held in treasury) and approximately 5.0% of the Company's total issued B shares respectively (excluding shares held in treasury) as at 28 May 2026. This authority will expire at the conclusion of the Company's next Annual General Meeting to be held after the passing of this resolution or on 30 September 2027, whichever is earlier, unless previously revoked, varied or extended by the Company in general meeting.

·    A special resolution renewing the Directors' authority to allot new Ordinary shares of 0.1 pence each up to an aggregate nominal amount of £9,072 (which equates to 9,072,000 Ordinary shares) and allot new B shares of 0.1 pence each up to an aggregate nominal amount of £1,536 (which equates to 1,536,000 B shares) being approximately 8.9% of the Company's total issued Ordinary shares (including shares held in treasury) and approximately 4.8% of the Company's total issued B shares respectively (including shares held in treasury) as at 28 May 2026, for cash without first offering such shares to existing shareholders pro rata to their existing holdings. This authority will expire at the conclusion of the Company's next Annual General Meeting to be held after the passing of this resolution or on 30 September 2027, whichever is earlier unless previously varied, revoked or renewed by the Company in general meeting.

·    A special resolution renewing the Directors' authority to make market purchases of up to 13,599,300 Ordinary shares and 4,606,900 B shares being approximately 14.99% of the issued Ordinary shares and 14.99% of the issued B shares (excluding Ordinary shares and B shares held in treasury). This authority will expire at the conclusion of the Company's next Annual General Meeting held after the passing of this resolution or on 30 September 2027, whichever is the earlier, unless previously varied, revoked or renewed by the Company in general meeting.

·    A special resolution renewing the Directors' authority to sell shares from treasury without having first to make a pro rata offer to existing shareholders limited up to an aggregate nominal amount of £9,072 in respect of Ordinary shares and £3,073 in respect of B shares, representing approximately 8.9% of the Company's Ordinary share capital in issue (including treasury shares) and approximately 9.6% of the Company's B share capital in issue (including treasury shares) as at 28 May 2026. This authority shall expire at the conclusion of the next Annual General Meeting of the Company held after the passing of this resolution or on 30 September 2027, whichever is the earlier, unless previously varied, revoked or renewed by the Company in general meeting.

Resolutions 1 to 10 were proposed as Ordinary Resolutions and Resolutions 11 to 13 as Special Resolutions.

The results of the poll were as follows:

		For and Discretionary		Against		Withheld	Total Votes (excluding Votes Withheld)
	Resolution	No of Votes	% of Votes Cast	No of Votes	% of Votes Cast	No of         Votes
1	Receive and adopt the Annual Report & Financial Statements for the year ended 31 March 2026	72,746,154	99.79%	150,715	0.21%	1,691,749	72,896,869
2	Approve Directors' Remuneration Policy	65,102,600	92.33%	5,410,117	7.67%	4,075,901	70,512,717
3	Approve Directors' Remuneration Report for the year ended 31 March 2026	65,584,672	93.70%	4,409,936	6.30%	4,594,010	69,994,608
4	To re-elect H M Galbraith as a Director	67,901,149	95.29%	3,359,708	4.71%	3,327,761	71,260,857
5	To re-elect S J Mitchell as a Director	67,302,054	94.84%	3,664,110	5.16%	3,622,454	70,966,164
6	To re-elect A W Pottinger as a Director	67,766,621	95.56%	3,151,634	4.44%	3,670,363	70,918,255
7	To re-appoint Deloitte LLP as Auditor	68,718,785	95.22%	3,453,048	4.78%	2,416,785	72,171,833
8	To authorise the Directors to determine the remuneration of the Auditor	69,566,901	97.80%	1,567,460	2.20%	3,454,257	71,134,361
9	Approval of the Company's dividend/capital repayment policy	72,256,023	99.84%	117,301	0.16%	2,215,294	72,373,324
10	Authorise the Directors to allot shares	69,268,264	95.97%	2,908,104	4.03%	2,412,250	72,176,368
11	Power to allot shares without pre-emption rights	64,546,759	90.24%	6,979,658	9.76%	3,062,201	71,526,417
12	Authority to purchase own shares	70,406,126	97.32%	1,941,274	2.68%	2,241,218	72,347,400
13	Power to sell treasury shares without pre-emption rights	67,041,699	93.28%	4,831,277	6.72%	2,715,642	71,872,976

The full text of all the resolutions can be found in the Notice of Annual General Meeting set out in the Annual Report and Financial Statements of CT UK High Income Trust PLC for the year ended 31 March 2026, which was submitted to the National Storage Mechanism on 2 June 2026 and is available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website www.ctukhighincome.co.uk  A copy of the poll results will also be available on the Company's website.

At the time of the meeting the Company's issued share capital consisted of 90,872,653 Ordinary shares carrying one vote each and 30,733,750 B shares carrying one vote each.  The Company holds 11,194,491 Ordinary shares and 1,342,953 B shares in treasury which do not carry voting rights. Therefore, the total voting rights in the Company were 121,606,403 votes.

For further information please contact:

Columbia Threadneedle Investment Business Limited                  0131 573 8300

 

END