RNS Number : 6371T
abrdn European Logistics Income plc
24 June 2024
 

abrdn European Logistics Income plc (LSE: ASLI) (the "Company" or "ASLI")

LEI: 213800I9IYIKKNRT3G50

24 June 2024

 

RESULT OF ANNUAL GENERAL MEETING

 

At the Annual General Meeting of the Company held on 24 June 2024, in accordance with the Board's recommendation, Resolutions 1 to 12 contained in the Notice of Meeting were duly passed and Resolution 13, the continuation of the Company, was not passed, with all voting having been conducted on a poll. 

 

Following the AGM, the Board of Directors is pleased to note that shareholders have followed the Board's guidance in voting against the Continuation resolution.  This allows the Company to move forward with the recently announced plan to place the Company into managed wind-down.  The Company expects to issue a circular in the coming weeks which will provide details of a general meeting to be held which will seek shareholder approval for the required change to the Company's investment objective and policy in advance of the commencement of the managed wind-down process.

 

The total number of proxy votes lodged was as follows:

 








RES NO.

VOTES FOR

%

VOTES AGAINST

%

VOTES TOTAL

% ISC

VOTES WITHHELD

1

212,000,000

99.96

91,364

0.04

212,091,364

51.46%

142,561

2

211,604,889

99.76

515,313

0.24

212,120,202

51.46%

113,723

3

211,983,524

99.94

125,250

0.06

212,108,774

51.46%

125,151

4

206,057,977

97.17

6,006,082

2.83

212,064,059

51.45%

169,866

5

207,601,832

97.90

4,462,227

2.10

212,064,059

51.45%

169,866

6

205,575,752

96.94

6,492,056

3.06

212,067,808

51.45%

166,117

7

211,811,452

99.87

267,187

0.13

212,078,639

51.45%

155,286

8

211,909,769

99.92

169,486

0.08

212,079,255

51.45%

154,670

9

209,022,660

98.55

3,077,504

1.45

212,100,164

51.46%

133,761

10

210,034,196

99.03

2,053,968

0.97

212,088,164

51.46%

145,761

11

208,814,680

98.43

3,325,830

1.57

212,140,510

51.47%

93,415

12

207,164,070

97.65

4,975,515

2.35

212,139,585

51.47%

94,340

13

11,262,986

5.31

200,850,180

94.69

212,113,166

51.46%

120,759

 

In relation to Resolution 10 (disapplication of pre-emption rights), 10% of the issued share capital amounts to 41,217,436 Ordinary shares and in relation to Resolution 11 (authority to purchase shares) 14.99% of the issued share capital as at today's date amounts to 61,784,936 Ordinary shares.

 

PASSING OF RESOLUTIONS UNDER SPECIAL BUSINESS

 

The full text of the resolutions can be found in the Notice of Meeting set out in the Annual Report and Financial Statements for the year ended 31 December 2023, copies of which are available on the Company's website, eurologisticsincome.co.uk*. Copies of the special resolutions will shortly be available for inspection at the National Storage Mechanism ("NSM"): https://data.fca.org.uk/#/nsm/nationalstoragemechanism *.

 

 

* Neither the Company's website 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.

 

abrdn Holdings Limited

Company Secretary

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