RNS Number : 3501Z

Secured Income Fund PLC

17 September 2020

Secured Income Fund Plc

LEI: 213800TR2S2TT6PKVH57

17 September 2020


(the "Company")

Results of General Meeting

The Board of Secured Income Fund plc announces that, at the general meeting of the Company held earlier today, all of the proposed resolutions were approved by shareholders.

As a result, the Company has entered a Managed Wind-Down (as defined in the circular to shareholders dated 20 August 2020 (the "Circular")), the New Investment Policy has been adopted in substitution for the existing Investment Objective and Investment Policy and, as further set out in the Circular, the Board will endeavour to realise the Company's investments in a manner that achieves a balance between maximising the net value received from those investments and making timely returns to Shareholders.

Defined terms have the meaning given to them in the Circular.

Details of the number of proxy votes cast for, against and withheld in respect of the Resolutions (each of which was held on a poll) are set out below and will also be published on the Company's website,

( https://kkvim.com/secured-income-fund/ )

                                 For       Discretion   Against   Withheld* 
   Resolution 1 (Ordinary 
 1, That the Company 
  adopt the New Investment 
  Policy, as set 
  out in Part 2 of 
  the Circular, in 
  substitution for 
  the existing Investment 
  Objective and Investment 
  Policy (both as 
  defined in the 
  Circular) of the 
  Company.                    40,409,992       0        139,646       0 
   Resolution 2 (Special 
 2. That, with effect 
  from the date of 
  passing of resolution 
  2 and in accordance 
  with Article 190.3 
  of the Articles 
  of Association 
  of the Company, 
  the Managed Wind-Down 
  (as defined in 
  the Circular), 
  shall be approved.          40,409,992       0        139,643       0 
   Resolution 3 (Special 
 3. That the Articles 
  of Association 
  of the Company 
  be altered by the 
  deletion of Article 
  190.2 in its entirety.      40,409,992       0        139,643       0 

*A vote withheld is not a vote in law and has not been counted in the votes for and against the Continuation Resolution.

Alternate Director Appointment

The Board announces the appointment of Mr Douglas Armstrong as an alternate independent, non-executive Director for Mr David Stevenson with effect from the start of the General Meeting until the conclusion of the General Meeting. Mr Armstrong is a solicitor at Dickson Minto W.S., the Company's lawyers. Mr Armstrong acted as Chairperson of the meeting.

There is no other information required to be disclosed pursuant to paragraph 9.6.13R of the Listing Rules in relation to this appointment.


 David Stevenson (Chair)                           tel: +44 7973 873785 
 Susan Gaynor Coley                                tel: +44 7977 130673 
 Brett Miller                                      tel: +44 7770 447338 
KKV Investment Management Ltd                    tel: +44 20 7429 
 Catherine Halford Riera                          2200 
 Nicola Bird 
finnCap Ltd.                                     tel: +44 20 7220 
 Corporate Finance: William Marle / Giles Rolls   0500 
 Sales: Mark Whitfeld 


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(END) Dow Jones Newswires

September 17, 2020 11:15 ET (15:15 GMT)