Last checked at 
15 Dec 2023 15:11
15 December 2023
CQS Natural Resources Growth and Income PLC
(the "Company")
Result of Annual General Meeting
The Board is pleased to announce that at the Annual General Meeting of the Company held on Friday, 15 December 2023, all resolutions as detailed below were duly passed by shareholders on a poll.
Resolutions | Votes For | % | Votes Against | % | Total Votes Cast | Votes Withheld |
1. To receive the Annual Report and Financial Statements for the year ended 30 June 2023. | 8,151,890 | 99.98% | 1,606 | 0.02% | 8,153,496 | 768,049 |
2. To approve the Company's Dividend Policy. | 8,151,890 | 99.98% | 1,606 | 0.02% | 8,153,496 | 768,049 |
3. To approve the Directors' Remuneration Report for the year ended 30 June 2023. | 8,032,603 | 98.85% | 93,260 | 1.15% | 8,125,863 | 795,682 |
4. To re-elect Helen Green, who retires annually, as a Director. | 7,598,243 | 93.97% | 487,879 | 6.03% | 8,086,122 | 835,423 |
5. To re-elect Carole Cable, who retires annually, as a Director. | 7,671,541 | 94.94% | 408,999 | 5.06% | 8,080,540 | 841,005 |
6. To re-elect Paul Cahill, who retires annually, as a Director. | 7,677,348 | 94.94% | 408,774 | 5.06% | 8,086,122 | 835,423 |
7. To re-elect Christopher Casey, who retires annually, as a Director. | 7,677,348 | 94.94% | 408,774 | 5.06% | 8,086,122 | 835,423 |
8. To re-elect Alun Evans, who retires annually, as a Director. | 7,671,766 | 94.88% | 414,356 | 5.12% | 8,086,122 | 835,423 |
9. To re-appoint BDO LLP as Independent Auditor of the Company. | 8,135,925 | 99.91% | 7,113 | 0.09% | 8,143,038 | 778,507 |
10. To authorise the Audit Committee to determine the remuneration of the Independent Auditor. | 8,095,227 | 99.36% | 51,811 | 0.64% | 8,147,038 | 774,507 |
11. To authorise the increase of the maximum aggregate amount payable to Directors. | 7,941,605 | 97.79% | 179,462 | 2.21% | 8,121,067 | 800,478 |
12. That the Company continues as an investment trust pursuant to the undertaking given by the Board in 2003. | 8,646,588 | 96.92% | 274,957 | 3.08% | 8,921,545 | 0 |
13. To authorise the Directors to allot securities in the Company. | 8,064,363 | 99.07% | 75,713 | 0.93% | 8,140,076 | 781,469 |
14#. To disapply the rights of pre-emption in relation to the allotment of securities. | 8,020,845 | 98.47% | 124,860 | 1.53% | 8,145,705 | 775,840 |
15#. To authorise the Company to make market purchases of Ordinary shares in the Company. | 8,060,935 | 98.86% | 92,561 | 1.14% | 8,153,496 | 768,049 |
# - Special Resolution
Please note 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 the date of the Annual General Meeting, the total number of voting rights in the Company was 66,888,509.
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, https://ncim.co.uk/city-natural-resources-high-yield-trust/.
In accordance with Listing Rule 9.6.2 and Listing Rule 9.6.3, the full text of the 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. Resolutions 11 to 15 will additionally be filed at 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 Eleanor Cranmer, Company Secretary | +44 (0)203 008 4613 cosec@frostrow.com |