17 January
2023
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, 17
January 2023, all resolutions as detailed below were duly
passed by shareholders on a poll.
| Resolutions |
Votes
For |
% |
Votes Against |
% |
Total Votes Cast |
Votes
Withheld |
| Ordinary Resolutions |
|
|
|
|
|
|
| 1. To receive the
Annual Report and Financial Statements for the year ended 30
September 2022. |
86,635,501 |
99.99 |
4,625 |
0.01 |
86,640,126 |
22,864 |
| 2. To elect Pars
Purewal as a Director of the Company. |
86,546,703 |
99.93 |
59,207 |
0.07 |
86,605,910 |
53,110 |
| 3. To
re-elect Simon Hayes as a Director of the Company. |
85,340,302 |
98.54 |
1,265,165 |
1.46 |
86,605,467 |
57,503 |
| 4. To re-elect James
Aston as a Director of the Company. |
85,271,697 |
98.45 |
1,339,807 |
1.55 |
86,611,504 |
51,466 |
| 5. To re-elect Kate
Cornish-Bowden as a Director of the Company. |
85,266,765 |
98.45 |
1,339,502 |
1.55 |
86,606,267 |
56,703 |
| 6. To
re-elect Sandra Kelly as a Director of Company. |
85,308,552 |
98.49 |
1,303,752 |
1.51 |
86,612,304 |
50,666 |
| 7. To re-elect Lorna
Tilbian as a Director of the Company. |
85,303,240 |
98.50 |
1,303,027 |
1.50 |
86,606,267 |
56,703 |
| 8. To
receive and approve the Directors’ Remuneration Report for year
ended 30 September 2022. |
86,451,715 |
99.84 |
137,827 |
0.16 |
86,589,542 |
73,428 |
| 9. To receive and
approve the Directors’ Remuneration Policy. |
86,434,157 |
99.83 |
149,590 |
0.17 |
86,583,747 |
79,223 |
| 10. To re-appoint
PricewaterhouseCoopers LLP as Auditors 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. |
86,459,240 |
99.82 |
151,767 |
0.18 |
86,611,007 |
51,983 |
| 11. To authorise the
Audit Committee to determine the remuneration of the Auditors of
the Company. |
86,600,361 |
99.97 |
23,646 |
0.03 |
86,624,007 |
38,983 |
| 12. To receive and
approve the Company’s Dividend Policy, as set out in the Annual
Report. |
86,624,234 |
99.99 |
5,238 |
0.01 |
86,629,472 |
33,518 |
| Special Business |
|
|
|
|
|
|
| 13. To allot securities
in the Company. (Ordinary Resolution) |
86,565,854 |
99.93 |
58,964 |
0.07 |
86,624,818 |
38,172 |
| 14. To disapply the rights of
pre-emption in relation to the allotment of securities. (Special
Resolution) |
86,482,660 |
99.84 |
139,595 |
0.16 |
86,622,255 |
40,735 |
| 15. 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. (Special Resolution) |
86,596,346 |
99.97 |
30,312 |
0.03 |
86,626,658 |
36,332 |
| 16. To authorise the Company to make
market purchases of Ordinary shares in the Company. (Special
Resolution) |
86,606,488 |
99.97 |
23,505 |
0.03 |
86,629,993 |
32,997 |
| 17. That the Directors
be permitted to call General Meetings (excluding the AGM) on not
less than 14 clear days’ notice. (Special Resolution) |
86,209,333 |
99.51 |
420,288 |
0.49 |
86,629,621 |
33,369 |
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 212,105,211. The Company had
12,886,092 ordinary shares held in Treasury.
The full text of the resolutions can be found in the Notice of
Annual General Meeting, which is available for viewing at the
National Storage Mechanism and can be located at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the
Company’s website, www.finsburygt.com
In accordance with Listing Rule 9.6.2 and Listing Rule 9.6.3,
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. The special
business resolutions will additionally be filed with 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
info@frostrow.com |