AGM arrangements

Witan Investment Trust plc

20 April 2020

Annual General Meeting 2020 arrangements

Witan Investment Trust plc (the "Company") published its Notice of Annual General Meeting ("AGM") on 27 March 2020, convening the AGM for 10.00am on 29 April 2020.  Since then, the UK government has introduced measures to limit the impact and spread of the Coronavirus (COVID-19).  These measures include the restriction on all gatherings of more than two people in public, thereby limiting the ability of shareholders to attend the AGM.

In normal circumstances, the Board values very highly the opportunity to meet shareholders in person at its AGM.  However, the health and safety of the Company's shareholders, employees and directors are of paramount importance.  On this basis, and assuming the continuation of containment and/or distancing measures, shareholders will not be able to attend the Company's 2020 AGM in person.  Any shareholders attempting to attend the AGM will be refused entry.

In order to comply with relevant legal requirements, the AGM will be convened with the minimum necessary quorum of two shareholders. This will be facilitated by the Company through the attendance of directors of the Company who are shareholders.  Only the statutory and formal business to meet the minimum legal requirements will be conducted at the AGM and there will be no presentations.

The outcome of the resolutions will be determined by shareholder vote as usual, based on the proxy votes received.  Shareholders are strongly encouraged to vote by proxy, appointing the "Chairman of the Meeting" as their proxy rather than any other person who will not be permitted to attend.  Proxy votes can be lodged in advance of the AGM either by post or electronically: detailed instructions are included in the Notice of AGM which can be found on the Company's website (www.witan.com) and on the Form of Proxy that was sent to shareholders with the Notice. 

The voting results will be posted on the website following the meeting as well as making an announcement to the Stock Exchange.

Shareholders are invited to submit questions to the Board in advance of the meeting.  The Company's responses will be posted on its website after the meeting. Questions should be sent by email to [email protected] before 5pm on 27 April 2020.

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For further information please contact:

Andrew Bell

Chief Executive

Witan Investment Trust plc

Telephone:  020 7227 9770

Alexis Barling

Director of Marketing

Witan Investment Trust plc

Telephone:  020 7227 9770