Proposed Changes to Articles of Association

DUNEDIN INCOME GROWTH INVESTMENT TRUST PLC ("the Company")

Legal Entity Identifier (LEI):  549300PPXLZPR5JTL763

Proposed changes to Articles of Association enabling the Company to hold virtual and hybrid general meetings (including annual general meetings) in future, and commitment to hold physical General Meetings

At the forthcoming Annual General Meeting, the Board has proposed amendments to the Company's Articles of Association.  These will enable the Company to hold virtual and hybrid general meetings (including annual general meetings) in future and give additional powers in respect of postponing or adjourning meetings in appropriate circumstances. Nothing in the revised Articles of Association will prevent the Company from holding physical general meetings.

The amendments are being sought in response to challenges posed by government restrictions on social interactions as a result of the coronavirus pandemic, which have made it impossible for shareholders to attend physical general meetings.  In the Chairman's Statement,  the Board recognised that the AGM is an important occasion where shareholders can meet and question the Manager and the Board. 

The Board is committed to ensuring that future general meetings (including AGMs) incorporate a physical meeting where shareholders can meet with the Board, face to face, and where law and regulation permits.  The potential to hold a general meeting through wholly electronic means is intended as a solution to be adopted as a last resort to ensure the continued smooth operation of the Company in extreme operating circumstances where physical meetings are prohibited. The Company has no present intention of holding a wholly electronic general meeting but wants to be prepared for the future.

For further information, please contact:

William Hemmings

Aberdeen Standard Investments

020 7463 6223