27 May 2015 13:26
STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LTD - Result of Annual General MeetingSTANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LTD - Result of Annual General Meeting
PR Newswire
London, May 27
Standard Life Investments Property Income Trust Limited
(an authorised closed-ended investment company incorporated in Guernsey with registration number 41352)
(the “Company”)
27 May 2015
Result of Annual General Meeting
At the Annual General Meeting (the “AGM”) of the Company held on 27 May 2015, all Ordinary Resolutions set out in the AGM Notice sent to shareholders dated 31 March 2015 were duly passed. Details of the proxy voting results which should be read alongside the Notice are noted below:
| Ordinary Resolution | For | Discretion (voted in favour) | Against | Abstain |
| 1 | 98,967,426 | 105,577 | 90,781 | 2,876 |
| 2 | 98,989,710 | 105,577 | 72,766 | 9,740 |
| 3 | 98,899,747 | 105,577 | 119,433 | 41,903 |
| 4 | 99,000,545 | 105,577 | 18,635 | 41,903 |
| 5 | 98,988,629 | 105,577 | 63,060 | 7,876 |
| 6 | 98,872,479 | 105,577 | 161,225 | 27,379 |
| 7 | 98,993,061 | 105,577 | 60,146 | 7,876 |
| 8 | 99,033,410 | 105,577 | 11,477 | 16,196 |
At the same AGM noted above, the following business was passed by Special Resolution and is detailed below:
RESOLUTION 9
To authorise the Company, in accordance with The Companies (Guernsey) Law, 2008, as amended (the “Law”) to make market acquisitions of its own shares of 1 pence each (either for retention as treasury shares for future resale or transfer or cancellation) provided that;
| (99,051,156 in favour / 105,577 discretionary (voted in favour) / 9,927 against / 0 abstain) |
RESOLUTION 10
That the Directors of the Company be and they are hereby generally empowered, to allot ordinary shares in the Company or grant rights to subscribe for, or to convert securities into, ordinary shares in the Company (“equity securities”), including by way of a sale of ordinary shares held by the company as treasury shares as if any pre-emption rights in relation to the issue of shares as set out in the listing rules made by the Financial Services Authority under part VI of the Financial Services and Markets Act 2000 (as amended) did not apply to any such allotment of equity securities, provided that this power:
expires at the conclusion of the next Annual General Meeting of the Company after the passing of this resolution or on the expiry of 15 months from the passing of this resolution, whichever is the earlier, save that the Company may, before such expiry, make an offer or agreement which would or might require equity securities to be allotted after such expiry and the Directors may allot equity securities in pursuance of any such offer or agreement as if the power conferred hereby had not expired; and
shall be limited to the allotment of equity securities up to an aggregate nominal value £276,779 being approximately 10 per cent of the nominal value of the issued share capital of the Company, as at 31 March 2015.
(97,626,521 in favour / 105,577 discretionary (voted in favour) / 1,434,562 against / 0 abstain)
Enquiries:
Northern Trust International Fund Administration Services (Guernsey) LimitedThe Company SecretaryTrafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QLTel: 01481 745417Fax: 01481 745085