Finsbury Growth & Income Trust PLC - Result of AGM
News provided by
Finsbury Growth & Income Trust PLC28 Jan, 2025, 15:27 GMT
28 January 2025
Finsbury Growth & Income Trust 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 Tuesday, 28 January 2025, 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 September 2024.
|
57,519,517 |
99.88 |
71,396 |
0.12 |
57,590,913 |
50,359 |
| 2. To re-elect James Ashton as a Director of the Company. |
57,352,182 |
99.70 |
172,700 |
0.30 |
57,524,882 |
116,390 |
| 3. To re-elect Kate Cornish-Bowden as a Director of the Company.
|
57,355,124 |
99.71 |
166,109 |
0.29 |
57,521,233 |
120,039 |
| 4. To re-elect Sandra Kelly as a Director of the Company.
|
57,348,912 |
99.70 |
170,053 |
0.30 |
57,518,965 |
122,307 |
| 5. To re-elect Pars Purewal as a Director of the Company.
|
57,356,546 |
99.72 |
163,740 |
0.28 |
57,520,286 |
120,986 |
| 6. To re-elect Lorna Tilbian as a Director of the Company.
|
52,410,019 |
91.13 |
5,100,271 |
8.87 |
57,510,290 |
130,982 |
| 7. To receive and approve the Directors’ Remuneration Report for the year ended 30 September 2024.
|
57,200,236 |
99.46 |
312,468 |
0.54 |
57,512,704 |
128,568 |
| 8. To appoint Deloitte LLP as Auditor to the Company, to hold office from the conclusion of this meeting until the conclusion of the next general meeting at which financial statements are laid before the Company.
|
57,354,415 |
99.69 |
180,533 |
0.31 |
57,534,948 |
106,324 |
| 9. To authorise the Audit Committee to determine the remuneration of the Auditor of the Company. |
57,466,876 |
99.83 |
96,672 |
0.17 |
57,563,548 |
77,724 |
| 10. To receive and approve the Company’s Dividend Policy, as set out in the Annual Report.
|
57,455,999 |
99.79 |
123,643 |
0.21 |
57,579,642 |
61,630 |
| 11. To approve and adopt the revised Articles of Association.
|
57,478,945 |
99.83 |
100,474 |
0.17 |
57,579,419 |
61,853 |
| 12. To allot securities in the Company.
|
57,393,760 |
99.67 |
187,210 |
0.33 |
57,580,970 |
60,302 |
| 13#. To disapply the rights of pre-emption in relation to the allotment of securities. |
57,306,638 |
99.56 |
251,470 |
0.44 |
57,558,108 |
83,164 |
| 14#. To disapply pre-emption rights on the sale of Treasury Shares and to sell Treasury Shares at a premium to the net asset value per share.
|
57,300,740 |
99.53 |
270,122 |
0.47 |
57,570,862 |
70,410 |
| 15#. To authorise the Company to make market purchases of Ordinary shares in the Company.
|
56,791,750 |
98.64 |
785,317 |
1.36 |
57,577,067 |
64,205 |
| 16#. That the Directors be permitted to call General Meetings (excluding the AGM) on not less than 14 clear days’ notice.
|
57,303,562 |
99.51 |
284,134 |
0.49 |
57,587,696 |
53,576 |
# - Special Resolution
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 149,958,679. The Company had 75,032,624 ordinary shares held in Treasury.
In accordance with UK Listing Rule 6.4.2 and UK Listing Rule 6.4.3, the full text of the special business 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 16 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 Victoria Hale, Company Secretary |
+44 (0)20 3170 8732 |
