Gore Street Energy Storage Fund PLC Result of AGM (6154W)

TIDMGSF

RNS Number : 6154W

Gore Street Energy Storage Fund PLC

19 August 2020

19 August 2020

Gore Street Energy Storage Fund plc

(the "Company")

LEI: 213800GPUNVGG81G4O21

Result of Annual General Meeting

Gore Street Energy Storage Fund plc, announces that at the Company's Annual General Meeting held today, all resolutions were passed on a poll and the results of the proxy votes received are set out below.

Resolutions 1 to 11 (inclusive) were proposed as ordinary resolutions and resolutions 12 to 15 (inclusive) were proposed as special resolutions.

 
      Resolution       Votes For*   %        Votes Against   %      Total votes       Total votes      Vote Withheld 
                                                                    validly cast      cast as % of     ** 
                                                                                      issued share 
                                                                                      capital 
      Receive annual 
      accounts for 
      period ended 
 1    31 March 2020    30,561,345   100.00       1,000       0.00     30,562,345          39.60             2,100 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
      Approve 
      directors' 
      remuneration 
 2    report           30,512,395   99.88       36,300       0.12     30,548,695          39.58            15,750 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
      Approve the 
      company's 
      dividend 
 3    policy           30,561,345   100.00       1,000       0.00     30,562,345          39.60             2,100 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
      Re-elect 
      Patrick Cox as 
 4    a director       30,542,703   100.00       1,000       0.00     30,543,703          39.58            20,742 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
      Re-elect 
      Caroline 
      Banszky as a 
 5    director         30,547,845   100.00       1,000       0.00     30,548,845          39.58            15,600 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
      Re-elect 
      Malcolm King 
 6    as a director    30,542,703   100.00       1,000       0.00     30,543,703          39.58            20,742 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
      Re-elect 
      Thomas Murley 
 7    a director       30,542,703   100.00       1,000       0.00     30,543,703          39.58            20,742 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
 8    To appoint EY 
      LLP as the 
      Company's 
      auditor          29,829,345   97.67       711,961      2.33     30,541,306          39.57            23,139 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
 9    To authorise 
      the board of 
      directors to 
      determine the 
      auditors 
      remuneration     29,483,750   96.51      1,066,095     3.49     30,549,845          39.58            14,600 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
 10   To authorise 
      the Directors 
      to allot 
      shares under 
      section 551 
      Companies Act 
      2006             30,550,997   99.99        3,848       0.01     30,554,845          39.59             9,600 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
 11   Subject to the 
      passing of 
      resolution 10, 
      to authorise 
      the Directors 
      to allot 
      additional 
      shares 
      under section 
      551 Companies 
      Act 2006         30,541,386   99.97       10,209       0.03     30,551,595          39.59            12,850 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
 12   Subject to the 
      passing of 
      resolution 10, 
      to disapply 
      statutory 
      pre-emption 
      rights under 
      section 
      570 Companies 
      Act 2006         27,659,889   90.70      2,836,559     9.31     30,496,448          39.52            67,997 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
 13   Subject to the 
      passing of 
      resolution 11, 
      to disapply 
      statutory 
      pre-emption 
      rights under 
      section 
      570 Companies 
      Act 2006         27,664,889   90.55      2,886,559     9.46     30,551,448          39.59            12,997 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
 14   To authorise 
      the Company to 
      make market 
      purchase of 
      its own 
      ordinary 
      shares           29,858,821   97.75       687,911      2.25     30,546,732          39.58            17,713 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
 15   To permit 
      general 
      meetings to be 
      called on 14 
      days' notice     30,166,572   98.71       395,626      1.30     30,562,198          39.60             2,247 
     ---------------  -----------  -------  --------------  -----  ----------------  --------------- 
 

* Includes discretionary votes

** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

Notes:

Every shareholder has one vote for every Ordinary Share held. As at 23 July 2020, the share capital of the Company consisted of 77,176,180 Ordinary Shares with voting rights. The Company does not hold any shares in Treasury.

In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm

Gore Street is London's first listed energy storage fund and seeks to provide shareholders with a significant opportunity to invest in a diversified portfolio of utility scale energy storage projects. In addition to growth through exploiting its considerable pipeline, the Company aims to deliver consistent and robust dividend yield as income distributions to its shareholders.

Further information is available at www.gorestreetcap.com/energy-storage-fund/

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August 19, 2020 08:44 ET (12:44 GMT)