17 February
2021
Finsbury Growth
& Income Trust PLC
(the
‘Company’)
Result of Annual General Meeting
The Finsbury Growth & Income Trust PLC Annual General
Meeting was held earlier today. A poll was held on each of the
resolutions proposed and the results of the poll are set out below.
All resolutions were passed.
The proxy voting figures are shown below:
|
Resolutions |
Votes
For |
% |
Votes Against |
% |
Total Votes
Cast |
Votes
Withheld |
| Ordinary Resolutions |
|
|
|
|
|
|
| 1. To receive the
Annual Report and Financial Statements for the year ended 30
September 2020. |
91,702,355 |
100% |
0 |
0.00% |
91,702,355 |
14,281 |
| 2. To re-elect Kate
Cornish-Bowden as a Director of the Company. |
91,618,113 |
99.96% |
35,464 |
0.04% |
91,653,577 |
63,059 |
| 3. To re-elect Simon
Hayes as a Director of the Company. |
91,627,767 |
99.98% |
13,763 |
0.02% |
91,641,530 |
75,106 |
| 4. To re-elect Sandra
Kelly as a Director of Company. |
91,629,770 |
99.97% |
23,807 |
0.03% |
91,653,577 |
63,059 |
| 5. To re-elect Lorna
Tilbian as a Director of the Company. |
91,601,890 |
99.95% |
45,650 |
0.05% |
91,647,540 |
69,096 |
| 6. To elect James
Aston as a Director of the Company. |
91,587,955 |
99.94% |
59,208 |
0.06% |
91,647,163 |
69,473 |
| 7. To
receive and approve the Directors’ Remuneration Report for year
ended 30 September 2020. |
91,424,573 |
99.83% |
155,015 |
0.17% |
91,579,588 |
137,048 |
| 8. To re-appoint
PricewaterhouseCoopers LLP as Auditor to the Company, to hold
office from the conclusion of this meeting until the conclusion of
the next general meeting at which financial statements are laid
before the Company. |
91,510,393 |
99.87% |
120,283 |
0.13% |
91,630,676 |
85,960 |
| 9. To authorise the
Audit Committee to determine the remuneration of the Auditor of the
Company. |
91,637,825 |
99.98% |
20,855 |
0.02% |
91,658,680 |
57,956 |
| 10. To receive and
approve the Company’s Dividend Policy, as set out in the Annual
Report. |
91,646,720 |
99.95% |
44,269 |
0.05% |
91,690,989 |
25,647 |
| Special Business |
|
|
|
|
|
|
| 11. To allot securities
in the Company. (Ordinary Resolution) |
91,629,483 |
99.95% |
45,538 |
0.05% |
91,675,021 |
41,615 |
| 12. To disapply the rights of
pre-emption in relation to the allotment of securities. (Special
Resolution) |
83,735,598 |
91.37% |
7,913,493 |
8.63% |
91,649,091 |
67,545 |
| 13. To disapply
pre-emption rights on the sale of Treasury Shares and to sell
Treasury Shares at a discount to the net asset value per share
providing that such discount is narrower than that at which they
were bought. (Special Resolution) |
81,969,525 |
89.43% |
9,690,394 |
10.57% |
91,659,919 |
56,717 |
| 14. To authorise the
Company to make market purchases of Ordinary shares in the Company.
(Special Resolution) |
91,616,031 |
99.91% |
67,679 |
0.07% |
91,683,710 |
32,926 |
| 15. That the Directors be permitted
to call General Meetings (excluding the AGM) on not less than 14
clear days’ notice. (Special Resolution) |
91,211,000 |
99.49% |
470,642 |
0.51% |
91,681,642 |
34,994 |
| 16. That the Company adopts the
amended investment policy as set out in the Annual Report.
(Ordinary Resolution) |
91,649,139 |
99.96% |
26,183 |
0.03% |
91,675,322 |
41,314 |
A vote Withheld is not a vote in law and is not counted in the
calculation of the proportion of votes “For” and “Against” a
resolution.
Notes:
Any proxy votes which are at the discretion of the Chairman have
been included in the "for" total. A vote withheld is not a vote in
law and is not counted in the votes for or against a
resolution.
As at 12 noon on Monday, 15 February
2021, the time by which shareholders who wanted to vote at
the Annual General Meeting must have been entered on the Company's
register of members the Company’s issued share capital consists of
223,476,303 ordinary shares, carrying one vote each. Therefore, the
total voting rights in the Company is 223,476,303.
Shareholders are entitled to one vote per share. As a result of
the coronavirus (COVID-19) situation, and in accordance with the UK
Government’s guidance on social distancing and prohibition on
non-essential travel and public gatherings, attendance at the
Meeting was restricted.
The full text of the resolutions can be found in the Notice of
Annual General Meeting, which is available for viewing at the
National Storage Mechanism and can be located at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the
Company’s website, www.finsburygt.com
In accordance with Listing Rule 9.6.2 and Listing Rule 9.6.3,
the full text of the special business resolutions passed has been
submitted to the National Storage Mechanism and will shortly be
available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The special
business resolutions will additionally be filed with Companies
House.
Terms not otherwise defined in this announcement have the
meaning given to them in the Notice of Meeting.
For further information, please contact:
Frostrow Capital LLP
Victoria Hale, Company
Secretary |
+44 (0)20
3170 8732
info@frostrow.com |