Ground Rents Income Fund PLC Result of Meeting (8647S)
November 08 2019 - 11:30AM
UK Regulatory
TIDMGRIO
RNS Number : 8647S
Ground Rents Income Fund PLC
08 November 2019
GROUND RENTS INCOME FUND PLC ("GRIO" OR THE "COMPANY")
Result of Warrantholder Meeting and General Meeting
The Company announces that the Special Resolutions put to the
Warrantholders at the Warrantholder Meeting and Shareholders at the
General Meeting, each of which took place today at 10.00 am and
10.30 am respectively, were passed.
A summary of the votes lodged by proxy at the Warrantholder
Meeting is as follows:
Resolution For (see note Against (see Number of votes Total votes
1) note 1) withheld (see cast
note 2)
Number of % Number of %
votes votes
The authorisation
of the distribution
of capital reserves
arising as a result
of the proposed
capital reduction 1,229,849 89.69 141,378 10.31 0 1,371,227
A summary of the votes lodged by proxy at the General Meeting is
as follows:
Resolution For (see note Against (see Number of votes Total votes
1) note 1) withheld (see cast
note 2)
Number of % Number of %
votes votes
The release of
claims against
shareholders,
directors and
former directors
in respect of
certain historic
distributions 33,362,560 99.83 56,001 0.17 25,819 33,418,561
The cancellation
of the share premium
account 33,368,329 99.83 56,001 0.17 20,050 33,424,330
Notes:
1. "Votes For" includes those giving the Chairman discretion and
votes "For" and "Against" are expressed as a percentage of votes
received.
2. A "Vote Withheld" is not a vote in law and is not counted in
the calculation of the votes "For" and "Against" a resolution.
3. The total number of issued warrants at 10.00am on 8 November
2019 was 4,423,876. 31% of voting capital was instructed. The total
number of ordinary shares in issue at 10.30am on 8 November 2019
was 97,006,497 ordinary shares. 34.45% of voting capital was
instructed.
A copy of the resolutions passed at today's General Meeting and
Warrantholder Meeting is available for viewing online at:
www.groundrentsincomefund.com
8 November 2019
FOR FURTHER INFORMATION CONTACT:
Schroder Real Estate Investment Management Limited
James Agar / Matthew Riley
020 7658 6000
N+1 Singer (Broker)
James Maxwell / Ben Farrow
020 7496 3000
Tavistock (Media)
James Whitmore / Jeremy Carey
020 7920 3150
Appleby Securities (Channel Islands) Limited (Sponsor)
Andrew Weaver
01534 888777
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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