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| TIDM | INOV |
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Schroders Capital Global Innovation Trust plc held a General Meeting on 27 February 2025, where shareholders passed all three proposed resolutions by poll. Resolution 1, concerning the Revised Articles, passed with 98.12% of votes for, while Resolution 2, to cease operating under the Existing Investment Objective and Policy, passed with 97.68% for. Resolution 3, to approve the Revised Investment Objective and Policy, also passed with 98.05% for, from a total of 809,512,025 ordinary shares eligible to vote.
| Date | 27 Feb 2025 |
| Time | 16:53:10 |
| Category | AGMs and other meetings |
| ID | 7744Y |
27 February 2025
Schroders Capital Global Innovation Trust plc
(the "Company")
Result of General Meeting
At the General Meeting of the Company earlier today, a poll was held on each of the resolutions proposed in the Notice of General Meeting contained in the Circular to shareholders dated 31 January 2025, and each resolution was duly passed.
Tim Edwards, Chair of the Company, commented: "I would like to thank shareholders for their support for these proposals. Together the Board and the Manager remain committed to delivering the best possible outcome for shareholders via the Managed Wind-Down."
The full text of the resolutions is contained in the Circular are available on the Company's web page at www.schroders.com/inov
The results of the poll were as follows:
|
|
Resolution |
Votes for (including discretionary) |
% |
Votes against |
% |
Votes total |
% of ISC |
Votes withheld
|
|
1. |
To approve and adopt the Revised Articles* |
371,305,172 |
98.12 |
7,118,386 |
1.88 |
378,423,558 |
46.75 |
1,376,524 |
|
2. |
That the Company shall cease to operate in accordance with the Existing Investment Objective and Policy |
369,940,940 |
97.68 |
8,803,614 |
2.32 |
378,744,554 |
46.79 |
1,055,528 |
|
3. |
To approve and adopt the Revised Investment Objective and Policy |
371,127,123 |
98.05 |
7,390,167 |
1.95 |
378,517,290 |
46.76 |
1,282,792 |
*Resolution 1 was passed as a special resolution.
A copy of the resolutions passed will be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Shareholders are entitled to one vote per share. Votes withheld are not a vote in law and are therefore not counted in the calculation of the percentages of the votes cast for and against a resolution. Where shareholders appointed the Chair as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and their shares have been included in the "votes for" column.
The total number of ordinary shares of 1p each in issue and eligible to vote at the meeting was 809,512,025. The Company holds no shares in treasury.
Enquiries:
Katherine Fyfe
Schroder Investment Management Limited
020 7658 6000