Value and Income Trust plc Result of AGM (8977T)

TIDMVIN

RNS Number : 8977T

Value and Income Trust plc

06 July 2018

VALUE AND INCOME TRUST PLC

The Board announces that at the Annual General Meeting of Value and Income Trust PLC, held at 12.30pm today, Friday, 6 July 2018, at 1 Exchange Crescent, Edinburgh EH3 8UL, the Ordinary Resolutions numbered 1 to 11, inclusive, and Special Resolutions numbered 12 to 14, as set out in the Notice of Meeting within the 2018 Annual Report, were passed.

A copy of the 2018 Annual Report may be downloaded from the websites of the Company's Investment Managers at www.olim.co.uk and www.olimproperty.co.uk *

In relation to Resolution 13 (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 6,827,941 Ordinary Shares as at the date of the passing of the Resolution.

In the event that a poll had been required on any Resolution, the total number of proxy votes cast for each Resolution was as follows:

 
               For and Discretionary           Against            Votes       Total Votes 
             ------------------------  ----------------------- 
 Resolution      No. of        % of      No. of        % of      Withheld      (excluding 
                                                                             Votes Withheld) 
   Number         Votes        Votes      Votes     Votes Cast 
                                Cast 
             ==============  ========  ==========  ===========  ========= 
     1           11,669,243    100.00           0         0.00      3,449         11,669,243 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     2           11,614,986     99.60      46,542         0.40     11,164         11,661,528 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     3           11,672,692    100.00           0         0.00          0         11,672,692 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     4           10,374,481     89.03   1,277,980        10.97     20,231         11,652,461 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     5           10,384,539     89.59   1,206,478        10.41     81,674         11,591,017 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     6           10,328,381     89.14   1,258,883        10.86     85,428         11,587,264 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     7           10,332,135     89.14   1,258,883        10.86     81,674         11,591,018 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     8           11,649,244     99.88      13,501         0.12      9,947         11,662,745 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     9           11,644,181     99.90      11,452         0.10     17,057         11,655,633 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     10          11,661,742     99.94       7,501         0.06      3,449         11,669,243 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     11          11,663,591     99.92       9,101         0.08          0         11,672,692 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     12          11,605,040     99.42      67,390         0.58        262         11,672,430 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     13          11,602,021     99.44      65,799         0.56      4,872         11,667,820 
-----------  --------------  --------  ----------  -----------  ---------  ----------------- 
     14          11,403,747     97.70     268,945         2.30          0         11,672,692 
             --------------  --------  ----------  -----------  ---------  ----------------- 
 

Copies of Resolutions 11, 12, 13 and 14, passed at the AGM, have been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM *

*Neither the websites of the Company's Investment Managers, 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]

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July 06, 2018 08:13 ET (12:13 GMT)