14 Jun 2023 13:46
abrdn Smaller Companies Income Trust plc
Results of the Annual General Meeting held on 14 June 2023
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Legal Entity Identifier (LEI): 213800J6D2TVHRGKBG24
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At the Annual General Meeting ("AGM") of abrdn Smaller Companies Income Trust plc ("the Company") held on 14 June 2023, all resolutions, as set out in the Notice of AGM included in the annual report and financial statements for the year ended 31 December 2022 (the "2022 Annual Report"), were passed on a poll. A copy of the Notice of AGM is available at www.abrdnsmallercompaniesincome.co.uk.
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The proxy votes received in respect of the AGM are shown in the following table:
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Resolution | For (including discretionary) | %* | Against | %* | Withheld |
1 Approve the 2022 Annual Report | 5,057,941 | 99.96 | 1,919 | 0.04 | 10,026 |
2 Approval of Directors' Remuneration Policy | 4,758,307 | 96.24 | 185,971 | 3.76 | 125,608 |
3 Approval of Directors' Remuneration Report | 4,772,453 | 96.24 | 186,375 | 3.76 | 111,058 |
4 Re-election of D Kent Kershaw | 1,940,863 | 97.37 | 52,519 | 2.63 | 3,076,504 |
5 Re-election of R Breedy | 1,919,256 | 96.10 | 77,975 | 3.90 | 3,072,655 |
6 Re-election of C Metcalfe | 1,936,771 | 97.05 | 58,892 | 2.95 | 3,074,224 |
7 Re-election of D Fletcher | 1,936,622 | 97.04 | 59,041 | 2.96 | 3,074,224 |
8 Re-appointment of Ernst & Young LLP as auditors of the Company | 4,943,700 | 98.44 | 78,163 | 1.56 | 48,023 |
9 Authority for Directors to determine auditors' remuneration | 4,975,711 | 98.85 | 58,008 | 1.15 | 36,168 |
10 Section 551 allotment | 4,990,189 | 98.73 | 64,188 | 1.27 | 15,509 |
11 Disapplication of pre-emption rights | 4,956,469 | 98.31 | 85,414 | 1.69 | 28,003 |
12 Share buyback authority | 4,997,011 | 99.19 | 40,958 | 0.81 | 31,917 |
* Percentages of total votes cast excluding the votes withheld.
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The total proxy votes cast were 5,026,076 shares, including those withheld votes identified above.Â
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Resolutions 1 - 10 inclusive were ordinary resolutions and Resolutions 11 to 12 were special resolutions.
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A copy of the above proxy results has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism*. The document is also available for download from the Company's website, www.abrdnsmallercompaniesincome.co.ukÂ
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For abrdn Smaller Companies Income Trust plc
abrdn Holdings Limited, Secretary
Tel. 0131 372 2200
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14 June 2023
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*Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.
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