CC Japan Income & Growth Trust : Result of AGM and Notification of Board Changes
March 06, 2024 at 12:16 am IST
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CC Japan Income & Growth Trust plc
Result of AGM and Notification of Board Changes
LEI: 549300FZANMYIORK1K98
Result of AGM
Japan Income & Growth Trust plc (the "Company") announces that all resolutions put forward at its Annual General Meeting held earlier today were passed.
The text of all the resolutions is contained in the notice of meeting in the Company's Annual Report for the year ended 31 October 2023.
The votes received were as follows:
Resolution
In Favour
%
Against
%
Withheld
1
To receive and adopt the Annual
65,350,586
99.98
14,917
0.02
5,100
Report and Accounts for the year
ended 31 October 2023
2
To approve the Directors'
65,335,252
99.97
17,017
0.03
18,334
Remuneration Implementation
Report
3
To re-elect June Aitken as a
65,306,887
99.93
44,917
0.07
18,799
Director of the Company
4
To re-elect Kate Cornish-Bowden
65,306,887
99.93
44,917
0.07
18,799
as a Director of the Company
5
To re-elect Craig Cleland as a
65,305,586
99.93
44,917
0.07
20,100
Director of the Company
6
To elect John Charlton-Jones as a
65,304,887
99.93
44,917
0.07
20,799
Director of the Company
7
To Authorise Directors to declare
65,348,304
99.99
3,500
0.01
18,799
and pay dividends on a semi-
annual basis
8
To re-appoint Johnston
65,347,003
99.99
3,500
0.01
20,100
Carmichael LLP as Auditor to the
Company
9
To authorise the Directors to fix
65,359,524
99.99
3,500
0.01
7,579
the remuneration of the Auditors
until the next AGM
10
To authorise to allot new shares.
65,321,095
99.95
34,801
0.05
14,707
11
Authority to allot new shares free
65,320,396
99.95
34,801
0.05
15,406
from pre-emption rights.
12
Authority for the Company to
65,358,702
99.99
4,801
0.01
7,100
purchase its own shares.
13
To authorise calling general
65,205,366
99.76
160,136
0.24
5,101
meetings (other than AGMs) on
14 clear days' notice
At the time of the above meeting, the Company's issued share capital was 134,730,610 Ordinary Shares and this is the total number of Ordinary Shares with voting rights in the Company.
In accordance with LR 9.6.2 and LR 9.6.3, copies of the resolutions passed as special business will be submitted to the National Storage Mechanism website and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanismshortly.
Notification of Board Changes
Pursuant to the Annual General Meeting, the Company announces that Mr Harry Wells, an independent Non-Executive Director and Chairman of the Company since November 2015, has today retired from the Board.
Ms June Aitken, who joined the Board in February 2022, has been appointed as Chair of the Company with immediate effect. Mr Craig Cleland, who joined the Board on 1 February 2022 has been appointed to succeed Ms Aitken as Senior Independent Director of the Company.
Enquiries:
Apex Listed Companies Services (UK) Limited
020 3327 9720
Company Secretary
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Disclaimer
CC Japan Income and Growth Trust plc published this content on
05 March 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
05 March 2024 18:46:08 UTC.
CC Japan Income & Growth Trust plc is a United Kingdom-based closed-ended investment company. The Company's investment objective is to provide shareholders with dividend income combined with capital growth, mainly through investment in equities listed or quoted in Japan. It intends to invest in equities listed or quoted in Japan. The Company may also invest in exchange traded funds in order to gain exposure to such equities. Investment in exchange traded funds shall be limited to not more than 20 % of gross assets at the time of investment. The Company may also invest in listed Japanese real estate investment trusts (J-REITs). It may enter into long only contracts for difference or equity swaps for gearing and efficient portfolio management purposes. The Company invests in various sectors, such as banks, information and communications, wholesale, chemicals, securities and commodities, insurance and electrical appliances. The Company's investment manager is Chikara Investments LLP.