Result
of the Annual General Meeting (‘AGM’) of
Invesco
Bond Income Plus Limited (the ‘Company’)
held
on 11 June 2025
The
Company confirms that all resolutions set out in the Notice of
Meeting for the AGM of the Company held on 11 June 2025 were duly passed by shareholders on
a poll.
The
results of the poll for each resolution were as follows:
|
|
VOTES
FOR
(including votes at the discretion of the
Chair)
|
%
|
VOTES
AGAINST
|
%
|
VOTES
TOTAL
|
%
of ISC VOTED
|
VOTES
WITHHELD
|
|
Resolution
1
|
37,354,557
|
99.96
|
16,400
|
0.04
|
37,370,957
|
17.68%
|
181,430
|
|
Resolution
2
|
36,876,512
|
99.20
|
299,073
|
0.80
|
37,175,585
|
17.59%
|
376,802
|
|
Resolution
3
|
37,441,694
|
99.97
|
10,895
|
0.03
|
37,452,589
|
17.72%
|
99,798
|
|
Resolution
4
|
36,869,050
|
98.90
|
408,829
|
1.10
|
37,277,879
|
17.64%
|
274,508
|
|
Resolution
5
|
37,248,353
|
99.79
|
79,879
|
0.21
|
37,328,232
|
17.66%
|
224,155
|
|
Resolution
6
|
37,123,464
|
99.75
|
91,563
|
0.25
|
37,215,027
|
17.61%
|
337,360
|
|
Resolution
7
|
37,144,019
|
99.81
|
71,008
|
0.19
|
37,215,027
|
17.61%
|
337,360
|
|
Resolution
8
|
37,134,644
|
99.78
|
80,383
|
0.22
|
37,215,027
|
17.61%
|
337,360
|
|
Resolution
9
|
37,071,276
|
99.78
|
80,543
|
0.22
|
37,151,819
|
17.58%
|
400,568
|
|
Resolution
10
|
37,118,985
|
99.62
|
141,480
|
0.38
|
37,260,465
|
17.63%
|
291,922
|
|
Resolution
11
|
36,860,209
|
98.63
|
510,907
|
1.37
|
37,371,116
|
17.68%
|
181,271
|
|
Resolution
12
|
36,865,989
|
98.65
|
505,670
|
1.35
|
37,371,659
|
17.68%
|
180,728
|
|
Resolution
13
|
37,357,115
|
99.77
|
87,065
|
0.23
|
37,444,180
|
17.72%
|
108,207
|
|
Resolution
14
|
37,199,290
|
99.40
|
223,609
|
0.60
|
37,422,899
|
17.71%
|
129,488
|
|
Resolution
15
|
37,074,336
|
99.47
|
199,244
|
0.53
|
37,273,580
|
17.64%
|
278,807
|
The full
text of the resolutions passed was as follows:
Ordinary
Resolutions:
1.
To receive
the annual financial report for the year ended 31 December 2024.
2.
To approve
the Directors’ Remuneration Report.
3.
To approve
the Company’s Dividend Payment Policy to pay four quarterly
dividends to shareholders in May, August, November and February in
respect of each accounting year.
4.
To
re-appoint PricewaterhouseCoopers CI LLP as the Company’s
auditor.
5.
To
authorise the Audit Committee to determine the remuneration of the
auditor.
6.
To
re-elect Tim Scholefield a Director
of the Company.
7.
To
re-elect Heather MacCallum a
Director of the Company.
8.
To
re-elect Caroline Dutot a Director
of the Company.
9.
To
re-elect Christine Johnson a
Director of the Company.
Special
Business:
Ordinary
Resolution
10.
THAT, in
accordance with Article 158 of the Company’s Articles of
Association, the Directors of the Company be and they are hereby
released from their obligation pursuant to such Article to convene
a general meeting of the Company within six months of the AGM at
which a special resolution would be proposed to wind up the
Company.
Special
Resolutions
11.
THAT,
pursuant to Article 14.1 of the Company’s Articles of Association,
the Directors be and are hereby empowered to issue shares, up to
10% of the existing shares in issue at the time of the AGM, without
pre-emption.
12.
THAT,
pursuant to Article 14.1 of the Company’s Articles of Association,
and in addition to any authority granted under Resolution 11
above, the
Directors be and are hereby empowered to issue shares, up to 10% of
the existing shares in issue at the time of the AGM, without
pre-emption.
13.
THAT,
pursuant to Article 8.2 of the Company’s Articles of Association
and Article 57 of the Companies (Jersey) Law 1991 as amended (the
Law), the Company be generally and unconditionally
authorised:
(a) to
make purchases of its issued ordinary shares of no par value
(Shares) to be cancelled or held as treasury shares provided
that:
(i) the
maximum number of Shares hereby authorised to be purchased shall be
14.99% of the Company’s issued ordinary shares, this being
30,632,713;
(ii) the
minimum price which may be paid for a Share is 1p;
(iii) the
maximum price which may be paid for a share must not be more than
the higher of:
(i) 5 per
cent. above the average of the mid-market values of the Shares for
the five business days before the purchase is made; and
(ii) the
higher of the price of the last independent trade in the shares and
the highest then current independent bid for the Shares on the
London Stock Exchange;
(iv) any
purchase of shares will be made in the market for cash prices below
the prevailing net asset value per share (as determined by the
Directors);
(v) the
authority hereby conferred shall expire on the earlier of the
conclusion of the next AGM of the Company held after passing of
this resolution or 15 months from the date of the passing of this
resolution, whichever is the earlier.
14.
THAT, the
period of notice required for general meetings of the Company
(other than AGMs) shall not be less than 14 days.
15. THAT,
with effect from the conclusion of the meeting the draft articles
of association produced to the meeting and signed by the chairman
of the meeting for the purposes of identification be adopted as the
articles of association of the Company in substitution for, and to
the exclusion of the Company's existing articles of
association.
The
Company has 211,954,323 ordinary shares of no par value in
issue.
On a poll
these carry one vote per share and accordingly the total voting
rights are 211,954,323. The above table represents the number of
votes registered.
A copy of
the poll results for the AGM will also be available on the
Company’s website:
www.invesco.co.uk/bips
In
accordance with UK Listing Rule 6.4.2 R, copies of the resolutions
that were passed at the annual general
meeting, which do not constitute ordinary business will shortly be
available for inspection via the National Storage
Mechanism:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
11 June 2025
Contact:
Hilary Jones
JTC Fund
Solutions (Jersey) Limited
Telephone:
01534 700000