Result of AGM
Summary by AI BETAClose X
Result of Annual General Meeting
The Board of Directors of Nippon Active Value Fund plc (the "Company") is pleased to announce that all of the resolutions put forward at its Annual General Meeting held earlier today were passed on a poll.
The text of all the resolutions is contained in the notice of meeting in the Company's Annual Report for the year ended 31 December 2025.
The proxy votes received were as follows:
|
Resolution |
For |
Against |
Withheld |
|||
|
|
|
Votes |
% |
Votes |
% |
Votes |
|
1 |
To receive the Company's Annual Report for the year ended 31 December 2025 |
72,728,871 |
100 |
2,794 |
0.00 |
14,416 |
|
2 |
To approve the Directors' Remuneration Report included in the Annual Report |
72,550,425 |
99.89 |
78,492 |
0.11 |
117,164 |
|
3 |
To re-elect Alicia Ogawa as a director of the Company |
72,585,939 |
99.95 |
38,301 |
0.05 |
121,841 |
|
4 |
To re-elect Ayako Weissman as a director of the Company |
72,598,610 |
99.96 |
25,630 |
0.04 |
121,841 |
|
5 |
To re-elect Chetan Ghosh as a director of the Company |
72,590,494 |
99.96 |
28,746 |
0.04 |
121,841 |
|
6 |
To re-elect Rachel Hill as a director of the Company |
72,583,190 |
99.95 |
36,050 |
0.05 |
121,841 |
|
7 |
To re-elect Rosemary Morgan as a director of the Company |
72,591,359 |
99.96 |
27,881 |
0.04 |
121,841 |
|
8 |
To re-appoint BDO LLP as auditor to the Company |
72,677,280 |
99.95 |
37,358 |
0.05 |
26,443 |
|
9 |
To authorise the Directors to fix the remuneration of the auditor until the conclusion of the next AGM |
72,700,708 |
99.96 |
26,323 |
0.04 |
19,050 |
|
10 |
To authorise the Directors to declare a final dividend of 5.52p per Ordinary Share of the Company in respect of the year ended 31 December 2025 |
72,717,148 |
99.99 |
7,506 |
0.01 |
16,427 |
|
11 |
To authorise the Directors to allot relevant securities |
72,691,565 |
99.96 |
31,825 |
0.04 |
22,691 |
|
12 |
To authorise the Directors to disapply pre-emption rights |
72,244,230 |
99.45 |
396,234 |
0.55 |
105,617 |
|
13 |
To authorise the Directors additional authority to allot relevant securities |
72,654,363 |
99.93 |
51,989 |
0.07 |
39,729 |
|
14 |
To authorise the Directors to disapply pre-emption rights |
72,216,640 |
99.41 |
425,509 |
0.59 |
103,932 |
|
15 |
To authorise the Company to make market purchases of its own ordinary shares |
72,699,635 |
99.96 |
27,419 |
0.04 |
19,027 |
|
16 |
To authorise that General Meetings, other than Annual General Meetings, may be called on 14 clear days' notice |
72,590,475 |
99.81 |
139,179 |
0.19 |
16,427 |
*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "For" or "Against" the relevant resolution.
At the time of the above meeting, the Company's issued share capital was 196,373,986 Ordinary Shares, and this is the total number of Ordinary Shares with voting rights in the Company.
The full text for each resolution is contained in the notice of Annual General Meeting, a copy of which is available on the Company's website at https://www.nipponactivevaluefund.com/.
Copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at National Storage Mechanism | FCA
For further information, please contact the Company Secretary by emailing navf@nsm.group.
LEI: 213800JOFEGZJYS21P75
4 June 2026
Enquiries:
NSM Funds (UK) Limited
Company Secretary
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