The Company announces that, at the Annual General Meeting of the Company held at 10.30 a.m. today, Ordinary resolutions (numbers 1 - 5) and Special resolutions (number 6 and 7) put to shareholders were passed.
A summary of the votes lodged by proxy is as follows:
Resolution
For (see note 1)
Against (see note 1)
Number of votes withheld (see note 2)
Total votes cast
Number of votes
%
Number of votes
%
1
To receive the Annual Report and Accounts
30,613,980
100.0
-
-
-
30,613,980
2
To re-elect Malcolm Naish
29,686,112
99.85
45,463
0.15
882,405
29,731,575
3
To reappoint PwC as auditors
30,613,371
99.99
609
0.01
-
30,613,980
4
To approve the auditor's remuneration
30,613,980
100.0
-
-
-
30,613,980
5
To authorise the directors to allot ordinary shares
29,726,974
99.98
4,601
0.02
882,405
29,731,575
6*
To disapply pre-emption rights
29,726,974
99.98
4,601
0.02
882,405
29,731,575
7*
To authorise the Company to make market purchases
29,726,770
99.98
4,805
0.02
882,405
29,731,575
*Special resolution
Notes:
1. 'Votes For' includes those giving the Chairman discretion and votes 'For' and 'Against' are expressed as a percentage of votes received.
2. A 'Vote Withheld' is not a vote in law and is not counted in the calculation of the votes 'For' and 'Against' a resolution.
3. Total number of ordinary shares in issue at 10.30 a.m. on 12 February 2019 was 97,006,397 ordinary shares. 31.6% of voting capital was instructed.
A copy of the resolutions passed at today's AGM is available for viewing online at:http://www.groundrentsincomefund.com/.
Ground Rents Income Fund plc published this content on 12 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2019 13:09:09 UTC
Ground Rents Income Fund plc is a United Kingdom-based closed-ended real estate investment trust. The Company invests in long-term, income-generating real estate assets across the United Kingdom. It operates through the collection of ground rent from its investment properties segment. The Companyâs investment objective is to provide secure long-term performance through investment in long-dated United Kingdom ground rents. Its strategy is to invest in a diversified portfolio of residential and commercial freeholds and head leases offering the potential for income generation from ground rents. Its investments also have the potential for capital growth, linked to contractual increases in ground rents over the long term. Its geographic spread of the portfolio includes the North East, North West, London, Midlands, South West, South East, and Wales. The Company's investment manager is Schroder Real Estate Investment Management Limited.
GROUND RENTS INCOME FUND PLC 