MURRAY INCOME TRUST PLC
LEI: 549300IRNFGVQIQHUI13
5 November 2024
Result of Annual General Meeting
At the Annual General Meeting ("AGM") of Murray Income Trust PLC (the "Company") held today, 5 November 2024, all resolutions, as set out in the Notice of AGM contained in the Company's Annual Report for the year ended 30 June 2024 ("2024 Annual Report"), were passed on a poll. The 2024 Annual Report is available on the Company's website at www.murray-income.co.uk*.
With effect from the conclusion of the AGM, Alan Giles has retired as a Director of the Company. Stephanie Eastment has been appointed Senior Independent Director, replacing Alan Giles. Nandita Sahgal Tully has been appointed Chair of the Audit Committee, replacing Stephanie Eastment.
In relation to Resolution 10 (authority to allot shares), the relevant figure is 5,132,199 Ordinary shares, being the lower of the number of Ordinary shares stated in the Resolution in the 2024 Annual Report and 5% of the Ordinary shares (excluding treasury shares) in issue at the date of passing of the Resolution at the AGM.
In relation to Resolution 11 (disapplication of pre-emption rights), the relevant figure is 10,264,398 Ordinary shares, being the lower of the number of Ordinary shares stated in the Resolution in the 2024 Annual Report and 10% of the Ordinary shares (excluding treasury shares) in issue at the date of passing of the Resolution at the AGM.
In relation to Resolution 12 (authority to make market purchases of Ordinary shares), the relevant figure is 15,286,332 Ordinary shares, being the lower of the number of Ordinary Shares stated in the Resolution in the 2024 Annual Report and 14.99% of the Ordinary shares in issue at the date of passing of the Resolution at the AGM.
The result of the poll was as follows -
|
|
| Votes For | Votes Against | Votes Total | Percentage of Issued Share Capital voted | Votes Withheld | ||
| Resolution | Resolution | No. of | % of | No. of | % of | |||
| Number | Description | Votes | Votes Cast | Votes | Votes Cast |
|
| |
| 1 | Approval of Annual Report | 28,595,605 | 99.91 | 26,997 | 0.09 | 28,622,602 | 27.86 | 18,292 |
| 2 | Approval of Directors' Remuneration Report | 28,352,507 | 99.29 | 203,135 | 0.71 | 28,555,642 | 27.79 | 85,252 |
| 3 | Approval of Company's dividend policy | 28,589,487 | 99.87 | 36,067 | 0.13 | 28,625,554 | 27.86 | 15,340 |
| 4 | Election of Angus Franklin | 28,432,646 | 99.59 | 115,701 | 0.41 | 28,548,347 | 27.79 | 92,547 |
| 5 | Re-election of Stephanie Eastment | 28,417,554 | 99.54 | 132,526 | 0.46 | 28,550,080 | 27.79 | 90,814 |
| 6 | Re-election of Nandita Sahgal Tully | 28,423,289 | 99.50 | 141,413 | 0.50 | 28,564,702 | 27.80 | 76,192 |
| 7 | Re-election of Peter Tait | 28,420,515 | 99.50 | 144,038 | 0.50 | 28,564,553 | 27.80 | 76,341 |
| 8 | Re-election of PwC as auditor | 28,439,902 | 99.49 | 144,380 | 0.51 | 28,584,282 | 27.82 | 56,612 |
| 9 | Authorise the auditor's fees | 28,495,098 | 99.63 | 105,406 | 0.37 | 28,600,504 | 27.84 | 40,390 |
| 10 | Allot shares | 28,513,490 | 99.68 | 91,856 | 0.32 | 28,605,346 | 27.84 | 35,548 |
| 11 | Disapply pre-emption rights | 28,402,004 | 99.37 | 178,896 | 0.63 | 28,580,900 | 27.82 | 59,994 |
| 12 | Purchase of shares | 27,593,136 | 96.44 | 1,018,992 | 3.56 | 28,612,128 | 27.85 | 28,766 |
The full text of the above resolutions may be found in the Annual Report, which is available on the Company's website at: www.murray-income.co.uk
Copies of resolutions 10, 11 and 12 are to be submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism*.
* Neither 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: cef.cosec@abrdn.com
END
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