9 Apr 2020 12:36
THE INDEPENDENT INVESTMENT TRUST PLC
Annual General Meeting 9 April 2020
At the AGM held on 9 April 2020 all resolutions were passed, including the special resolutions detailed below:
· Shareholders authorised the Company to issue shares on non pre-emptive basis.
Shareholders approved a special resolution renewing the Company's authority to allot securities up to an aggregate nominal value of £4,559,325 being approximately 33.33% of the nominal value of the issued share capital of the Company. The authority will expire 25 March 2025, unless previously revoked, varied or extended by the Company in a general meeting.
· Shareholders authorised the Company to renew its share buy back authority.
Shareholders approved a special resolution renewing the Company's authority to make market purchases of up to 14.99 per cent of the Company's issued share capital, being 8,202,134 ordinary shares of 25p. The authority will expire at the conclusion of the AGM to be held in respect of the year ending 30 November 2020 unless previously varied, revoked or renewed.
The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report and Financial Statements which is available for viewing at the National Storage Mechanism at http://www.morningstar.co.uk/uk/NSM.
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Baillie Gifford & Co.
Company Secretaries
9 April 2020
Legal Entity Identifier: 213800IYHGJTZJ3MO642
Regulated Information Classification: Additional regulated information required to be disclosed under the laws of a Member State of the EU