16th Apr 2025 17:04
BlackRock American Income Trust Plc - Result of AGM and GMBlackRock American Income Trust Plc - Result of AGM and GM
PR Newswire
LONDON, United Kingdom, April 16
BlackRock American Income Trust plc (LEI: 549300WWOCXSC241W468)
Results of Annual General Meeting and General Meeting
Following the Annual General Meeting and General Meeting which were held today, we are pleased to announce that all resolutions put to shareholders were passed by vote on a poll.
David Barron, Chair of the Board, commented:
"BlackRock American Income Trust's adoption of a systematic investment strategy combines the use of artificial intelligence, big data and BlackRock's human expertise, with the unique advantages of the UK investment trust structure. The Company is now uniquely positioned in the market with a truly innovative approach. With a lower cost base, enhanced income distribution and a compelling value-oriented approach to US equities, we are confident this transformation will lead to substantial benefits for shareholders."
Final votes received in favour of the resolutions were as follows:
Annual General Meeting
| For & Discretionary | % | Votes Against | % | Votes Withheld |
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Resolution 1 | 15,537,644 | 99.62 | 58,994 | 0.38 | 75,871 |
Resolution 2 | 15,360,827 | 98.90 | 170,826 | 1.10 | 140,856 |
Resolution 3 | 15,573,600 | 99.85 | 23,038 | 0.15 | 75,871 |
Resolution 4 | 15,038,945 | 96.47 | 550,573 | 3.53 | 82,991 |
Resolution 5 | 14,946,359 | 95.86 | 645,159 | 4.14 | 80,991 |
Resolution 6 | 15,031,556 | 96.42 | 557,962 | 3.58 | 82,991 |
Resolution 7 | 15,475,382 | 99.36 | 99,886 | 0.64 | 87,241 |
Resolution 8 | 15,531,070 | 99.64 | 55,867 | 0.36 | 85,572 |
Resolution 9 | 14,627,175 | 93.31 | 1,049,472 | 6.69 | 28,256 |
Resolution 10 | 15,477,081 | 99.24 | 118,271 | 0.76 | 77,157 |
Resolution 11 | 15,370,327 | 98.63 | 212,819 | 1.37 | 89,363 |
Resolution 12 | 14,390,231 | 92.23 | 1,212,375 | 7.77 | 69,903 |
General Meeting
| For & Discretionary | % | Votes Against | % | Votes Withheld |
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|
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Resolution 1 | 15,369,633 | 99.33 | 102,991 | 0.67 | 87,782 |
Resolution 2 | 15,389,041 | 99.30 | 108,822 | 0.70 | 62,543 |
Under Listing Rule 9.6.2 a copy of the resolutions has been submitted to the National Storage Mechanism, and will shortly be made available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Tender forms for participation in the tender offer which is being implemented to give shareholders (other than certain overseas shareholders) the opportunity to tender up to 20% of the Company's issued share capital (excluding treasury shares) must be returned no later than 1.00 p.m. on 17 April 2025. As at close of business on 15 April 2025, the Company's shares were trading at a discount of 2.5% to the underlying net asset value.
16 April 2025
 Release |
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