2nd May 2018 17:02
Manchester & London Investment Trust Plc - Result of General MeetingManchester & London Investment Trust Plc - Result of General Meeting
PR Newswire
London, May 2
MANCHESTER AND LONDON INVESTMENT TRUST PLC
(the “Company”)
Results of General Meeting
2 May 2018
The Company announces that at the General Meeting of the Company held today Resolutions 1, 2 and 6 contained in the Notice of the General Meeting were duly passed on a show of hands and Resolutions 3, 4 and 5 were duly passed on a poll.
Polls were held on resolutions 3, 4 and 5. Results of the polls were as follows:
| Resolution (No. as noted on proxy form) | Votes for | Votes against | Votes withheld | ||
| Votes | % votes cast | Votes | % votes cast | ||
| 3. Ordinary resolution - To approve allotment or issue of new Ordinary Shares to the Related Party. | 583,501 | 90.41 | 61,886 | 9.59 | 12,425,542 |
| 4. Ordinary resolution - To authorise the Company to enter into the Side Letter with M&L Capital Management Limited. | 518,647 | 90.11 | 56,992 | 9.89 | 12,495,360 |
| 5. Ordinary resolution - To approve payment of the Risk Management and Valuation Fee to the Company’s AIFM. | 518,038 | 90.02 | 57,415 | 9.98 | 12,495,476 |
The proxy votes received in relation to the resolutions passed on a show of hands were as follows:
| Resolution (No. as noted on proxy form) | Votes for | Votes Against | Votes at Chairman’s Discretion | Shares Marked As Votes Withheld / Abstentions |
| 1. Ordinary resolution - To authorise the Board to allot shares in addition to existing authorities. | 12,897,007 | 58,804 | 11,568 | 75,360 |
| 2. Special resolution - To disapply statutory pre-emption rights in limited circumstances in relation to the issue of Ordinary Shares. | 12,892,591 | 69,220 | 11,568 | 69,360 |
| 6. Special resolution - To approve and adopt the amended and restated articles of association. | 12,895,815 | 53,308 | 15,106 | 78,060 |
In accordance with Listing Rule 9.6.2, copies of all resolutions will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm.
LEI: 213800HMBZXULR2EEO10
Related Shares:
Manchester&lon.