⌘K
t
| TIDM | VIP |
| Share Price | Loading... |
| Market Cap | Loading... |
Value and Indexed Property Income Trust PLC announced that all Ordinary Resolutions (1-11) and Special Resolutions (12-14) were passed on a poll at its Annual General Meeting held on July 10, 2025. As of the record date of July 8, 2025, the company had 42,013,036 voting rights and 45,549,975 shares in issue, with 91 proxy appointments made for up to 14,414,462 shares.
| Date | 10 Jul 2025 |
| Time | 15:25:09 |
| Category | AGMs and other meetings |
| ID | 6131Q |
VALUE AND INDEXED PROPERTY INCOME TRUST PLC
Result of Annual General Meeting
The Board announces that at the Annual General Meeting of Value and Indexed Property Income Trust PLC, held at the offices of Shepherd & Wedderburn LLP, 4th Floor, 1-6 Lombard Street, London EC3V 9AA at 12.30pm today, Thursday, 10 July 2025, Ordinary Resolutions numbered 1 to 11, inclusive, and Special Resolutions numbered 12 to 14, inclusive, as set out in the Notice of Annual General Meeting within the 2025 Annual Report, were passed on a poll.
At the record date for the Annual General Meeting, being 8 July 2025, the total number of voting rights in the Company stood at 42,013,036 and the total number of shares in issue was 45,549,975 (including 3,536,939 shares held in treasury). The Company advises that for the Annual General Meeting, 91 valid proxy appointments were made in respect of up to 14,414,462 shares.
In relation to Resolution 13 (authority to make market purchases of Ordinary Shares either for cancellation or for holding in treasury), 14.99% of the Company's issued Ordinary Share capital equated to 6,827,941 Ordinary Shares as at the date of the Notice of the Annual General Meeting.
The results of the meeting were as follows:
|
|
For and Chairman's Discretion |
Against |
Votes |
Total Votes |
||
|
Resolution |
No. of |
% of |
No. of |
% of |
Withheld* |
(excluding Votes Withheld*) |
|
Number |
Votes |
Votes Cast |
Votes |
Votes Cast |
|
|
|
1 |
13,890,660 |
99.95% |
7,313 |
0.05% |
5,118 |
13,897,973 |
|
2 |
13,692,672 |
98.70% |
181,041 |
1.30% |
29,378 |
13,873,713 |
|
3 |
13,894,188 |
99.96% |
5,299 |
0.04% |
3,604 |
13,899,487 |
|
4 |
13,611,108 |
97.99% |
278,808 |
2.01% |
13,175 |
13,889,916 |
|
5 |
13,030,133 |
93.82% |
857,683 |
6.18% |
15,275 |
13,887,816 |
|
6 |
13,602,412 |
97.94% |
285,959 |
2.06% |
14,720 |
13,888,371 |
|
7 |
13,638,396 |
98.21% |
248,226 |
1.79% |
16,469 |
13,886,622 |
|
8 |
13,801,079 |
99.52% |
65,964 |
0.48% |
36,048 |
13,867,043 |
|
9 |
13,818,403 |
99.70% |
41,084 |
0.30% |
43,604 |
13,859,487 |
|
10 |
13,880,074 |
99.86% |
19,413 |
0.14% |
3,604 |
13,899,487 |
|
11 |
13,783,042 |
99.16% |
116,445 |
0.84% |
3,604 |
13,899,487 |
|
12 |
13,610,241 |
98.04% |
271,746 |
1.96% |
21,104 |
13,881,987 |
|
13 |
13,830,385 |
99.51% |
68,547 |
0.49% |
4,159 |
13,898,932 |
|
14 |
14,256,672 |
98.91% |
157,790 |
1.09% |
5,062 |
14,414,462 |
* A vote withheld is not a vote in law and any such votes have not been included in the votes for or against the respective Resolutions.
Copies of Resolutions 11, 12, 13 and 14, all of which were passed at the AGM, have been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at:
https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism*
A copy of the Investment Manager's AGM presentation will be available shortly to download from the website of the Company's Investment Manager, OLIM Property Limited, at:
https://www.olimproperty.co.uk/value-and-indexed-property-income-trust.html*
*Neither the website of the Company's Investment Manager, nor the NSM 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:
Miranda Kelly
Maven Capital Partners UK LLP
Company Secretary
Tel: 0141 306 7400
10 July 2025