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Result of AGM

25th Mar 2025 07:00

RNS Number : 9620B

Rights and Issues Inv. Trust PLC

25 March 2025

RIGHTS AND ISSUES INVESTMENT TRUST PLC

("the Company")

LEI: 2138002AWAM93Z6BP574

Result of Annual General Meeting

Rights and Issues Investment Trust plc announces that at the Annual General Meeting of the Company duly convened and held on 24 March 2025, Resolutions 1 to 9 were passed on a poll. Resolution 10, the authority to buy back shares, was withdrawn from the business of the meeting. Further information is provided below

The full text of each resolution can be found in the Annual Report and Accounts for the year ended 31 December 2024, which is available at www.jupiteram.com/ uk/en/individual/rights-and-issues-investment-trust-plc.

The results of the poll were as follows:

	Votes for	%	Votes against	%	Votes withheld
Resolution 1	2,210,981	99.96%	830	0.04%	122
Resolution 2	2,204,839	99.73%	6,077	0.27%	1,017
Resolution 3	2,209,251	99.96%	830	0.04%	1,852
Resolution 4	1,890,727	98.22%	34,315	1.78%	286,891
Resolution 5	2,069,482	93.66%	140,129	6.34%	2,322
Resolution 6	1,858,480	96.54%	66,562	3.46%	286,891
Resolution 7	1,890,305	98.20%	34,737	1.80%	286,891
Resolution 8	2,207,325	99.80%	4,366	0.20%	242
Resolution 9	2,208,270	99.92%	1,746	0.08%	1,917

In light of some opposition to Resolution 10, primarily from a single material shareholder, the Board decided to withdraw the resolution from the business of the meeting. The Board believes that the share buyback authority is fundamental to the Company's discount management policy and notes that the approval of the resolution was recommended by shareholder voting guidance agencies. The Board therefore proposes to consult with shareholders to address any concerns that have influenced their voting. Following these consultations, a general meeting will be convened to seek shareholder approval of a new share buyback authority.

The poll results will also shortly be available on the Company's website at: www.jupiteram.com/ uk/en/individual/rights-and-issues-investment-trust-plc

For further information please contact:

Apex Fund Administration Services (UK) Limited

Email: [email protected]

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END

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