Invesco Inc Grth Tst Result of AGM

 
TIDMIVI 
 
Invesco Income Growth Trust plc 
 
LEI: 549300DI4285Q8ZFO135 
 
Result of AGM 
 
Result of the Annual General Meeting of Invesco Income Growth Trust plc held on 
 
11 September 2019: 
 
All of the resolutions put to shareholders at the Meeting were decided by poll 
and were passed. 
 
The results of the poll were as follows: 
 
        Resolution            Votes For      Votes Against     Votes Withheld 
 
                    (including votes at 
 
                      the discretion of 
 
                          the Chairman) 
 
Ordinary resolutions: 
 
                1.          14,251,041                   0                  0 
 
                2.          14,183,009              55,506             12,526 
 
                3.          14,251,041                   0                  0 
 
                4.          13,770,853             438,329             41,858 
 
                5.          12,871,201           1,336,042             43,797 
 
                6.          12,599,539           1,609,643             41,858 
 
                7.          14,203,526               5,657             41,858 
 
                8.          14,197,600               5,314             48,127 
 
                9.          14,205,569               3,614             41,858 
 
               10.          14,205,426              45,615                  0 
 
               11.          14,135,597             105,579              9,865 
 
Special resolutions: 
 
               12.          13,853,490             357,686             39,865 
 
               13.          14,204,465              36,711              9,865 
 
               14.          13,958,835             292,206                  0 
 
Total Voting Rights were 58,551,530. 
 
The full text of the resolutions passed was as follows: 
 
Resolutions: 
 
The following Ordinary Resolutions were passed at the Annual General Meeting 
held on 11 September 2019: 
 
1.   To receive the Annual Financial Report for the year ended 31 March 2019. 
 
2.   To approve the Annual Statement and Report on Remuneration. 
 
3.   To approve the Company's Dividend Payment Policy to declare four dividends 
in respect of each accounting year, with one payment in respect of each 
calendar quarter. 
 
4.   To re-elect Hugh Twiss a Director of the Company. 
 
5.   To re-elect a Jonathan Silver Director of the Company. 
 
6.   To re-elect Roger Walsom a Director of the Company. 
 
7.   To re-elect Davina Curling a Director of the Company. 
 
8.   To re-elect Mark Dampier a Director of the Company. 
 
9.   To re-elect Tim Woodhead a Director of the Company. 
 
10. To appoint Ernst & Young LLP as the Company's auditor and to authorise the 
Audit Committee to determine the Auditor's remuneration. 
 
11. THAT:- 
 
      the Directors be generally and unconditionally authorised in accordance 
with section 551 of the Companies Act 2006 as amended from time to time prior 
to the date of the passing of this resolution ('the Act') to exercise all 
powers of the Company to allot relevant securities (as defined in that section) 
up to an aggregate nominal amount (within the meaning of sections 551(3) and 
(6) of the Act) of GBP4,879,294, such authority to expire at the conclusion of 
the next AGM of the Company or the date fifteen months after the passing of 
this resolution, whichever is the earlier, but so that this authority shall 
allow the Company to make offers or agreements before the expiry of this 
authority which would or might require relevant securities to be allotted after 
such expiry as if the authority conferred by this resolution had not expired. 
 
The following Special Resolutions were passed at the Annual General Meeting 
held on 11 September 2019: 
 
12. THAT:- 
 
      the Directors be and they are hereby empowered, in accordance with 
sections 570 and 573 of the Companies Act 2006 as amended from time to time 
prior to the date of the passing of this resolution ('the Act') to allot equity 
securities for cash, either pursuant to the authority given by the preceding 
resolution 9 or (if such allotment constitutes the sale of relevant shares 
which, immediately before the sale, were held by the Company as treasury 
shares) otherwise, as if section 561 of the Act did not apply to any such 
allotment, provided that this power shall be limited: 
 
      (a) to the allotment of equity securities in connection with a rights 
issue in favour of all holders of a class of equity securities where the equity 
securities attributable respectively to the interests of all holders of 
securities of such class are either proportionate (as nearly as may be) to the 
respective numbers of relevant equity securities held by them or are otherwise 
allotted in accordance with the rights attaching to such equity securities 
(subject in either case to such exclusions or other arrangements as the 
Directors may deem necessary or expedient in relation to fractional 
entitlements or legal, regulatory or practical problems under the laws of, or 
the requirements of, any regulatory body or any stock exchange in any territory 
or otherwise); and 
 
      (b) to the allotment (otherwise than pursuant to a rights issue) of 
equity securities up to an aggregate nominal amount of GBP1,463,788 
 
      and this power shall expire at the conclusion of the next AGM of the 
Company or the date fifteen months after the passing of this resolution, 
whichever is the earlier, unless the authority is renewed or revoked at any 
other general meeting prior to such time, but so that this power shall allow 
the Company to make offers or agreements before the expiry of this power which 
would or might require equity securities to be allotted after such expiry as if 
the power conferred by this resolution had not expired; and so that words and 
expressions defined in or for the purposes of Part 17 of the Act shall bear the 
same meanings in this resolution. 
 
13. THAT:- 
 
the Company be generally and subject as hereinafter appears unconditionally 
authorised in accordance with section 701 of the Companies Act 2006 ('the Act') 
to make market purchases (within the meaning of section 693(4) of the Act) of 
its issued ordinary shares of 25p each in the capital of the Company ('Shares') 
PROVIDED ALWAYS THAT 
 
(i)   the maximum number of Shares hereby authorised to be purchased shall be 
8,776,874 shares; 
 
(ii)  the minimum price which may be paid for a Share shall be 25p; 
 
(iii)  the maximum price which may be paid for a Share must not be more than 
the higher of: (a) 5% above the average of the mid-market values of the Shares 
for the five business days before the purchase is made; or (b) 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 at prices below 
the prevailing net asset value per Share (as determined by the Directors); 
 
(v)  the authority hereby conferred shall expire at the conclusion of the next 
AGM of the Company or, if earlier, on the expiry of 15 months from the passing 
of this resolution unless the authority is renewed at any other general meeting 
prior to such time; 
 
(vi) the Company may make a contract to purchase Shares under the authority 
hereby conferred prior to the expiry of such authority which will be executed 
wholly or partly after the expiration of such authority and may make a purchase 
of Shares pursuant to any such contract; and 
 
(vii) any shares so purchased shall be cancelled or, if the Directors so 
determine and subject to the provisions of Sections 724 to 731 of the Act and 
any applicable regulations of the United Kingdom Listing Authority, be held (or 
otherwise dealt with in accordance with Section 727 or 729 of the Act) as 
treasury shares. 
 
14. THAT:- 
 
      the period of notice required for general meetings of the Company (other 
than Annual General Meetings) shall be not less than 14 clear days. 
 
Invesco Asset Management Limited 
 
11 September 2019 
 
 
 
END
(END) Dow Jones Newswires
September 11, 2019 11:02 ET (15:02 GMT)
Invesco Income Growth (LSE:IVI)
過去株価チャート
から 6 2024 まで 7 2024