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Result of AGM
RNS Number : 6706E
abrdn Diversified Income and Growth
27 February 2024
 

ABRDN DIVERSIFIED INCOME AND GROWTH PLC

(LEI: 2138003QINEGCHYGW702)

 

27 February 2024

 

Result of Annual General Meeting

 

At the Annual General Meeting ("AGM") of abrdn Diversified Income and Growth plc ("the Company") held on 27 February 2024, all resolutions, as set out in the Notice of AGM included in the Annual Report for the year ended 30 September 2023 ("the 2023 Annual Report"), were passed on a poll.  A copy of the Notice of AGM is available at www.abrdndiversified.co.uk.

 

In relation to Resolution 11 (Authority to Allot Shares) and Resolution 12 (Authority to Allot Shares without Pre-emption), the relevant figure is 30,126,592 Ordinary shares, being 10% of the Ordinary shares in issue, excluding treasury shares, at the date of passing of these Resolutions at the AGM.

 

In relation to Resolution 13 (Authority to Buy Back Ordinary shares), the relevant figure is 45,159,766 Ordinary shares, being 14.99% of the Ordinary shares in issue, excluding treasury shares, at the date of passing of this Resolution at the AGM.

 

The total number of proxy votes lodged in favour of the Chairman was as follows:

 

Resolution

All Ordinary resolutions unless marked otherwise

For

Against

Votes

Total Votes

Number

No. of

% of

No. of

% of

Withheld

(excluding Votes Withheld)

 

 

Votes

Votes Cast

Votes

Votes Cast

 

1

Receive and adopt the Directors' Report and audited financial statements for the year ended 30 September 2023

101,602,335

99.6

452,642

0.4

248,581

102,054,977

2

Receive and adopt the Directors' Remuneration Report (other than the Directors' Remuneration Policy) for the year ended 30 September 2023

98,941,099

97.4

2,651,567

2.6

710,892

101,592,666

3

Approve the Company's dividend policy to continue to pay four quarterly interim dividends per year

101,584,578

99.6

395,976

0.4

323,004

101,980,554

4

Re-elect Alistair Mackintosh

97,813,166

96.1

3,980,681

3.9

509,711

101,793,847

5

Re-elect Trevor Bradley as a Director

97,857,349

96.1

3,946,624

3.9

499,585

101,803,973

6

Re-elect Tom Challenor as a Director

97,727,542

96.0

4,090,709

4.0

485,307

101,818,251

7

Re-elect Davina Walter as a Director

97,314,633

95.6

4,427,988

4.4

560,937

101,742,621

8

Re-appoint PricewaterhouseCoopers LLP as auditor of the Company

101,242,478

99.3

714,657

0.7

346,423

101,957,135

9

Authority to fix the auditor's remuneration

101,421,251

99.4

581,316

0.6

300,991

102,002,567

10

Approve the continuation of the Company as an investment trust

101,182,491

99.2

843,717

0.8

277,350

102,026,208

11

Authority to allot shares

99,299,728

97.5

2,571,532

2.5

432,298

101,871,260

12

Authority to allot shares without pre-emption (Special resolution)

90,004,411

88.4

11,842,747

11.6

451,624

101,847,158

13

Approve share buybacks (Special resolution)

101,470,904

99.4

642,460

0.6

190,194

102,113,364

14

Approve holding meetings on less than 14 clear days' notice (Special resolution)

99,511,491

97.6

2,437,168

2.4

354,899

101,948,659

15

Cancel the share premium account

99,742,463

98.0

2,016,453

2.0

544,642

101,758,916

 

 

As set out in the Chairman's Statement in the Annual Report, Anna Troup retired as a Director at the conclusion of the AGM.

 

Resolutions

Copies of Resolutions 10 to 15, inclusive, as approved by shareholders at the AGM, will be submitted to the National Storage Mechanism ("NSM") and available for inspection thereafter at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

*Neither the NSM website nor the Company's 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:

 

Stuart Reid

abrdn Holdings Limited

Secretaries

 

Email:     [email protected]

 

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