Last checked at 
7 Nov 2023 16:59
MURRAY INCOME TRUST PLC
LEI: 549300IRNFGVQIQHUI13
7 November 2023
Result of Annual General Meeting
At the Annual General Meeting ("AGM") of Murray Income Trust PLC (the "Company") held today, 7 November 2023, all resolutions, as set out in the Notice of AGM contained in the Company's Annual Report for the year ended 30 June 2023 ("2023 Annual Report"), were passed on a poll. The 2023 Annual Report is available on the Company's website at www.murray-income.co.uk*.
With effect from the conclusion of the AGM, Neil Rogan and Merryn Somerset Webb retired as Directors of the Company. Peter Tait was appointed Chair while Alan Giles was appointed Senior Independent Director.
In relation to Resolution 11 (authority to allot shares), the relevant figure is 5,452,350 Ordinary shares, being the lower of the number of Ordinary shares stated in the Resolution in the 2023 Annual Report and 5% of the Ordinary shares (excluding treasury shares) in issue at the date of passing of the Resolution at the AGM.
In relation to Resolution 12 (disapplication of pre-emption rights), the relevant figure is 10,904,700 ordinary shares, being the lower of the number of Ordinary shares stated in the Resolution in the 2023 Annual Report and 10% of the Ordinary shares (excluding treasury shares) in issue at the date of passing of the Resolution at the AGM.
In relation to Resolution 13 (authority to make market purchases of Ordinary shares), the relevant figure is 16,346,145 Ordinary shares, being the lower of the number of Ordinary Shares stated in the Resolution in the 2023 Annual Report and 14.99% of the Ordinary shares in issue at the date of passing of the Resolution at the AGM.
The result of the poll was as follows -
|
| For | Against | Total Votes (excluding Votes Withheld) | Votes Withheld | ||
Resolution Number | Resolution Description | No. of | % of | No. of | % of |
| |
|
| Votes | Votes Cast | Votes | Votes Cast |
| |
1 | Approval of Annual Report | 33,967,509 | 100.0 | 7,593 | 0.0 | 33,975,102 | 74,723 |
2 | Approval of Directors' Remuneration Report (excluding Directors' Remuneration Policy) | 33,676,593 | 99.4 | 192,560 | 0.6 | 33,869,153 | 180,672 |
3 | Approval of Directors' Remuneration Policy | 33,554,452 | 99.2 | 277,825 | 0.8 | 33,832,277 | 217,548 |
4 | Approval of Company's policy to pay interim dividends | 33,961,877 | 99.9 | 42,009 | 0.1 | 34,003,886 | 45,939 |
5 | Re-election of Stephanie Eastment | 33,768,518 | 99.8 | 83,385 | 0.2 | 33,851,903 | 197,922 |
6 | Re-election of Alan Giles | 33,758,290 | 99.7 | 91,281 | 0.3 | 33,849,571 | 200,253 |
7 | Re-election of Nandita Sahgal Tully | 33,749,195 | 99.7 | 96,962 | 0.3 | 33,846,157 | 203,668 |
8 | Re-election of Peter Tait | 33,776,012 | 99.8 | 79,287 | 0.2 | 33,855,299 | 194,526 |
9 | Re-election of PwC as auditor | 33,782,056 | 99.6 | 151,248 | 0.4 | 33,933,304 | 116,521 |
10 | To authorise the auditor's fees | 33,843,901 | 99.6 | 125,117 | 0.4 | 33,969,018 | 80,808 |
11 | Allot shares | 33,750,546 | 99.5 | 157,250 | 0.5 | 33,907,796 | 142,029 |
12 | Disapply pre-emption rights | 33,632,224 | 99.3 | 221,490 | 0.7 | 33,853,714 | 196,111 |
13 | Purchase of shares | 33,364,605 | 98.2 | 625,794 | 1.8 | 33,990,399 | 59,427 |
The full text of the above resolutions may be found in the Annual Report, which is available on the Company's website at: www.murray-income.co.uk*
Copies of resolutions 11, 12 and 13 are to be submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism*.
* Neither 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.
Enquiries:
Stuart Reid
abrdn Holdings Limited
Secretaries
Email: cef.cosec@abrdn.com
END