CC Japan Income & Growth Trust

Result of General Meeting

CC Japan Income & Growth Trust plc (the "Company") is pleased to announce that the Special Resolution put forward to approve the 1 for 5 Bonus Issue of Subscription Shares at its general meeting held earlier today was passed. 

The text of the resolution is contained in the notice of meeting in the circular published on 22 January 2021.

The proxy votes received in favour and against the resolution were as follows:

On the record date for voting at the meeting, the Company's issued share capital comprised 134,730,610 ordinary shares and this was the total number of ordinary shares with voting rights in the Company.

The Record Date for the Bonus Issue will be 6.00 p.m. on 15 February 2021 and an announcement setting out the Subscription Price will be made on 16 February 2021. The Subscription Price will be equal to the unaudited published NAV per Ordinary Share as at the close of business on 15 February 2021, plus a one per cent. premium to such NAV per Ordinary Share, rounded up to the nearest whole penny. The Subscription Shares Rights may be exercised on a quarterly basis, between 31 May 2021 and 28 February 2023.

Capitalised terms not otherwise defined in this announcement have the meanings given in the circular.

Copies of the resolution passed will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

15 February 2021

The Company's LEI is: 549300FZANMYIORK1K98

Enquiries

PraxisIFM Fund Services (UK) Limited

020 4513 9260

Company Secretary