MANCHESTER AND LONDON INVESTMENT TRUST PLC
(the “Company”)
Results of General Meeting
2 May 2018
The Company announces that at the General Meeting of the Company held today Resolutions 1, 2 and 6 contained in the Notice of the General Meeting were duly passed on a show of hands and Resolutions 3, 4 and 5 were duly passed on a poll.
Polls were held on resolutions 3, 4 and 5. Results of the polls were as follows:
| Resolution (No. as noted on proxy form) |
Votes for |
Votes against |
Votes withheld |
| Votes |
% votes cast |
Votes |
% votes cast |
| 3. Ordinary resolution - To approve allotment or issue of new Ordinary Shares to the Related Party. |
583,501 |
90.41 |
61,886 |
9.59 |
12,425,542 |
| 4. Ordinary resolution - To authorise the Company to enter into the Side Letter with M&L Capital Management Limited. |
518,647 |
90.11 |
56,992 |
9.89 |
12,495,360 |
| 5. Ordinary resolution - To approve payment of the Risk Management and Valuation Fee to the Company’s AIFM. |
518,038 |
90.02 |
57,415 |
9.98 |
12,495,476 |
The proxy votes received in relation to the resolutions passed on a show of hands were as follows:
| Resolution (No. as noted on proxy form) |
Votes for |
Votes Against |
Votes at Chairman’s Discretion |
Shares Marked As Votes Withheld / Abstentions |
| 1. Ordinary resolution - To authorise the Board to allot shares in addition to existing authorities. |
12,897,007 |
58,804 |
11,568 |
75,360 |
| 2. Special resolution - To disapply statutory pre-emption rights in limited circumstances in relation to the issue of Ordinary Shares. |
12,892,591 |
69,220 |
11,568 |
69,360 |
| 6. Special resolution - To approve and adopt the amended and restated articles of association. |
12,895,815 |
53,308 |
15,106 |
78,060 |
In accordance with Listing Rule 9.6.2, copies of all resolutions will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm.
LEI: 213800HMBZXULR2EEO10