Value and Indexed Prop Inc Tst PLC Result of AGM (8842R)

TIDMVIN

RNS Number : 8842R

Value and Indexed Prop Inc Tst PLC

08 July 2022

VALUE AND INDEXED PROPERTY INCOME TRUST PLC

Result of Annual General Meeting

The Board announces that at the Annual General Meeting of Value and Indexed Property Income Trust PLC, held at 12.30pm today, Friday, 8 July 2022, at the offices of Shepherd & Wedderburn LLP, 1 Exchange Crescent, Conference Square, Edinburgh EH3 8UL, Ordinary Resolutions numbered 1 to 10, inclusive, and Special Resolutions numbered 11 to 13, inclusive, as set out in the Notice of Annual General Meeting within the 2022 Annual Report, were passed on a show of hands.

At the record date for the Annual General Meeting, being 6 July 2022, the total number of voting rights in the Company stood at 43,557,464 and the total number of shares in issue was 43,557,464 (excluding 1,992,511 shares held in treasury). The Company advises that for the Annual General Meeting, 105 valid proxy appointments were made in respect of up to 16,151,163 shares.

In relation to Resolution 12 (authority to make market purchases of Ordinary Shares either for cancellation or for holding in treasury), 14.99% of the Company's issued Ordinary Share capital equated to 6,529,263 Ordinary Shares as at the date of the passing of the Resolution.

The numbers of proxy votes cast in respect of each Resolution were as follows:

 
               For and Chairman's         Against         Votes       Total Votes 
                   Discretion 
             ---------------------  ------------------ 
 Resolution      No. of      % of     No. of     % of    Withheld      (excluding 
                                                                     Votes Withheld) 
   Number        Votes       Votes     Votes     Votes 
                              Cast                Cast 
             =============  ======  ==========  ======  ========= 
          1     15,512,665   96.05     638,498    3.95          0         16,151,163 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
          2     15,403,466   95.44     735,199    4.56     12,498         16,138,665 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
          3     15,467,138   95.76     684,025    4.24          0         16,151,163 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
          4     14,485,711   89.76   1,651,877   10.24     13,575         16,137,588 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
          5     14,771,813   91.52   1,369,213    8.48     10,137         16,141,026 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
          6     14,616,312   90.56   1,522,975    9.44     11,876         16,139,287 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
          7     15,402,924   95.43     738,102    4.57     10,137         16,141,026 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
          8     15,471,942   95.86     668,658    4.14     10,563         16,140,600 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
          9     15,483,963   95.88     665,779    4.12      1,421         16,149,742 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
         10     15,506,058   96.01     645,105    3.99          0         16,151,163 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
         11     15,388,158   95.28     763,005    4.72          0         16,151,163 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
         12     15,433,960   95.56     717,203    4.44          0         16,151,163 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
         13     15,355,821   95.15     782,931    4.85     12,411         16,138,752 
-----------  -------------  ------  ----------  ------  ---------  ----------------- 
 

Copies of Resolutions 11, 12 and 13, all of which were passed at the AGM, have been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at: https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism *

A copy of the Investment Manager's AGM presentation together with a copy of the 2022 Annual Report will shortly be available to download from the website of the Company's Investment Manager, OLIM Property Limited, at:

https://www.olimproperty.co.uk/value-and-indexed-property-income-trust.html *

* Neither the website of the Company's Investment Manager, nor the NSM website, nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

Enquiries:

Miranda Kelly

Maven Capital Partners UK LLP

Company Secretary

Tel: [phone]

8 July 2022

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July 08, 2022 08:22 ET (12:22 GMT)