28 Mar 2023 17:00
Annual General Meeting
Ground Rents Income Fund plc (the "Company") announces that a poll was held on each of the resolutions proposed at the Annual General Meeting ("AGM") on Tuesday, 28 March 2023. All the resolutions passed. The results of the poll are:
| Resolution | For | % | Against | % | Withheld | Total % of Voting Capital voted (excluding Withheld) |
1 | To re-elect Barry Gilbertson as a Director of the Company. | 41,457,923 | 99.74% | 107,984 | 0.26% | 111,460 | 43.45 |
2 | To re-elect Bill Holland as a Director of the Company. | 41,462,923 | 99.74% | 107,984 | 0.26% | 106,460 | 43.45 |
3 | To re-elect Katherine Innes Ker as a Director of the Company. | 41,457,862 | 99.73% | 113,045 | 0.27% | 106,460 | 43.45 |
4 | To re-elect Jane Vessey as a Director of the Company. | 41,457,862 | 99.73% | 113,045 | 0.27% | 106,460 | 43.45 |
5 | To renew the authority to allot shares | 41,028,261 | 98.69% | 542,646 | 1.31%
| 106,460 | 43.45 |
6 | To disapply pre-emption rights (special resolution) | 40,972,133 | 98.36% | 685,234 | 1.64% | 20,000 | 43.54 |
7 | To renew the authority to purchase own shares (special resolution) | 41,614,283 | 99.90% | 43,084 | 0.10% | 20,000 | 43.54 |
Copies of resolutions 5, 6 and 7 will be filed at Companies House.
Shareholders are entitled to one vote per share. Votes withheld are not a vote in law and are therefore not counted in the calculation of the percentages of the votes cast for and against a resolution. Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and their shares have been included in the "votes for" column.
Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.
The total number of ordinary shares of 50p each in issue is 95,667,627. The total number of voting rights is: 95,667,627.
A copy of the resolutions passed at today's AGM will be available for inspection on the Company's website at http://www.groundrentsincomefund.com
Enquiries:
Matthew Riley
Schroder Investment Management Limited
020 7658 6596
Ground Rents (GRIO)