ABRDN EQUITY INCOME TRUST PLC
Legal Entity Identifier (LEI): 21380015XPT7BZISSQ74
20 February 2024
Result of Annual General Meeting
At the Annual General Meeting of abrdn Equity Income Trust plc (the "Company") held on Tuesday, 20 February 2024, all the Resolutions as set out in full in the Notice of Meeting included within the Company's Annual Report for the year ended 30 September 2023, available on the Company's website www.abrdnequityincometrust.com*, were duly passed on a show of hands.
As set out in the Company's Annual Report to 30 September 2023, Mr Tigue retired from the Board immediately after the Annual General Meeting.
Ms Patel said "The Board wishes to formally thank Mr Tigue for his service to the Board as a Director since 2014, and as Senior Independent Director since 2016."
Ms Hitch will take on the role of Senior Independent Director with immediate effect and Mr Timberlake will take on the role of Chair of the Remuneration & Management Engagement Committee with immediate effect.
The total number of proxy votes lodged was as follows:
|
| For and Discretionary | Against | Votes | Total Votes | ||
| Resolution | No. of | % of | No. of | % of | Withheld | (excluding Votes Withheld) |
| Number | Votes | Votes Cast | Votes | Votes Cast |
| |
| 1. Approve Directors' Report and Financial Statements | 5,810,213 | 99.8 | 11,793 | 0.2 | 44,180 | 5,822,006 |
| 2. Approve Directors' Remuneration Report | 5,539,683 | 95.7 | 246,332 | 4.3 | 80,171 | 5,786,015 |
| 3. Approve Dividend Policy | 5,791,836 | 99.5 | 26,863 | 0.5 | 47,487 | 5,818,699 |
| 4. Re-elect Ms C.M. Hitch | 5,646,905 | 97.8 | 126,366 | 2.2 | 92,915 | 5,773,271 |
| 5. Re-elect Mr M. Little | 5,638,215 | 98.2 | 103,477 | 1.8 | 124,494 | 5,741,692 |
| 6. Re-elect Ms S. Patel | 5,644,964 | 97.8 | 128,368 | 2.2 | 92,854 | 5,773,332 |
| 7. Elect Mr N. Timberlake | 5,661,828 | 98.6 | 79,152 | 1.4 | 125,206 | 5,740,980 |
| 8. Appoint Johnston Carmichael LLP as Auditor | 5,700,418 | 99.4 | 35,986 | 0.6 | 129,782 | 5,736,404 |
| 9. Remuneration of the Auditor | 5,700,540 | 99.0 | 57,879 | 1.0 | 107,767 | 5,758,419 |
| 10. Allotment of shares | 5,724,742 | 98.0 | 114,447 | 2.0 | 26,997 | 5,839,189 |
| 11. Disapply pre-emption rights | 5,607,929 | 96.6 | 200,165 | 3.4 | 58,092 | 5,808,094 |
| 12. Authorise market purchases of ordinary shares | 5,771,791 | 98.9 | 65,258 | 1.1 | 29,137 | 5,837,049 |
| 13. Notice of General Meetings | 5,653,778 | 97.7 | 132,929 | 2.3 | 79,479 | 5,786,707 |
Copies of the resolutions passed under special business will shortly be submitted to the National Storage Mechanism and will be available for inspection 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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
