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| Date | 12 Nov 2021 |
| Time | 14:58:32 |
| Category | AGMs and other meetings |
| ID | 2777S |
LEI: 213800JOFEGZJYS21P75
12 November 2021
Nippon Active Value Fund plc
Result of General Meeting
Nippon Active Value Fund plc (the "Company") announces that at the General Meeting of the Company held earlier today, all resolutions, as outlined in the circular dated 28 October 2021 (the "Circular") were passed.
A poll was held on each of the resolutions set out in the Circular and the results of the poll are set out below:
|
Resolution |
For |
Against |
Withheld* |
||
|
Votes |
% |
Votes |
% |
Votes |
|
|
1. To authorise the Directors to allot relevant securities under section 551 of the Companies Act 2006.
|
57,347,611 |
99.99 |
5,000 |
0.01 |
39,766 |
|
2. To authorise the Directors to disapply pre-emption rights under sections 570 and 573 of the Companies Act 2006.
|
57,322,611 |
99.96 |
25,000 |
0.04 |
39,766 |
|
3. To authorise the Company to make market purchases of its own C shares.
|
57,347,611 |
99.99 |
5,000 |
0.01 |
39,766 |
*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "For" or "Against" the resolution.
Resolution 1 was proposed as an ordinary resolution and resolutions 2 and 3 were proposed as special resolutions. The full text for each resolution is contained in the Circular, a copy of which is available on the Company's website at https://www.nipponactivevaluefund.com/.
In accordance with LR9.6.2R, copies of all the resolutions passed other than resolutions concerning ordinary business will be submitted to the National Storage Mechanism website and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
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Enquiries: |
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Shore Capital |
020 7408 4050 |
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PraxisIFM Fund Services (UK) Limited |
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Media Enquiries |
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