TIDMGCP
RNS Number : 4748E
GCP Infrastructure Investments Ltd
09 February 2018
GCP Infrastructure Investments Limited
("GCP Infra" and/or the "Company")
LEI213800W64MNATSIV5Z47
Results of the Annual General Meeting and Extraordinary General
Meeting
GCP Infra, the only UK listed fund focused primarily on
investments in UK infrastructure debt, today announces the results
of voting at both the annual general meeting and extraordinary
general meeting of the Company held on Friday 9 February 2018 at
the Registered Office of the Company.
Each of the Ordinary Resolutions and Special Resolutions
proposed in the notice and agenda of the AGM were duly passed.
Total votes of 359,732,143 were cast at the AGM. The results of the
voting are noted as follows:
Resolutions For % Against % Withheld
------------------------------ ------------ ------ ----------- ------ -----------
1. Ordinary Resolution:
THAT the Report
of the Directors
and the audited
financial statements
of the Company for
the year ended 30
September 2017 be
adopted. 359,706,399 99.99 819 0.01 24,925
------------------------------ ------------ ------ ----------- ------ -----------
2. Ordinary Resolution:
THAT the Directors'
remuneration report
for the year ended
30 September 2017
be approved. 354,463,136 98.55 5,227,613 1.45 41,394
------------------------------ ------------ ------ ----------- ------ -----------
3. Ordinary Resolution:
THAT Ian Reeves
CBE be re-elected
as a director of
the Company. 359,609,087 99.98 84,086 0.02 38,969
------------------------------ ------------ ------ ----------- ------ -----------
4. Ordinary Resolution:
THAT Clive Spears
be re-elected as
a director of the
Company. 359,664,855 99.99 10,819 0.01 56,469
------------------------------ ------------ ------ ----------- ------ -----------
5. Ordinary Resolution:
THAT Paul De Gruchy
be re-elected as
a director of the
Company. 359,687,596 99.99 5,578 0.01 38,969
------------------------------ ------------ ------ ----------- ------ -----------
6. Ordinary Resolution:
THAT David Pirouet
be re-elected as
a director of the
Company. 359,692,355 99.99 819 0.01 38,969
------------------------------ ------------ ------ ----------- ------ -----------
7. Ordinary Resolution:
THAT Michael Gray
be re-elected as
a director of the
Company. 359,670,096 99.99 23,078 0.01 38,969
------------------------------ ------------ ------ ----------- ------ -----------
8. Ordinary Resolution:
THAT Julia Chapman
be re-elected as
a director of the
Company. 359,692,355 99.99 819 0.01 38,969
------------------------------ ------------ ------ ----------- ------ -----------
9. Ordinary Resolution:
THAT Clive Spears
be appointed as
Senior Independent
Director. 359,664,855 99.99 10,819 0.01 56,469
------------------------------ ------------ ------ ----------- ------ -----------
10. Ordinary Resolution:
THAT the companies
dividend policy
be approved. 359,706,399 99.99 25,444 0.01 300
------------------------------ ------------ ------ ----------- ------ -----------
11. Ordinary Resolution:
THAT KPMG Channel
Islands Jersey Limited
be re-appointed
as Auditors to the
Company. 319,847,914 99.73 875,821 0.27 39,008,406
------------------------------ ------------ ------ ----------- ------ -----------
12. Ordinary Resolution:
THAT the remuneration
of KPMG Channel
Islands Jersey Limited
be determined by
the Audit Committee. 359,721,024 99.99 10,819 0.01 300
------------------------------ ------------ ------ ----------- ------ -----------
13. Ordinary Resolution:
THAT the Director's
remuneration policy
be approved. 307,565,919 85.51 52,131,038 14.49 35,185
------------------------------ ------------ ------ ----------- ------ -----------
14. Ordinary Resolution:
THAT the maximum
aggregate base remuneration
fees payable to
the Directors be
increased to GBP500,000
per annum. 311,942,368 86.72 47,767,539 13.28 22,235
------------------------------ ------------ ------ ----------- ------ -----------
15. Ordinary Resolution:
THAT the Company
be generally and
unconditionally
authorised to cancel
or hold treasury
in any of the Ordinary
Share purchased
pursuant to the
authority granted. 358,928,293 99.78 799,213 0.22 4,637
------------------------------ ------------ ------ ----------- ------ -----------
16. Ordinary Resolution:
THAT the Directors
be and are hereby
authorised, in accordance
with Article 115
of the Articles,
to offer holders
of Ordinary Shares
to the extent in
the manner determined
by the Directors,
the right to elect
to receive Ordinary
Shares, credited
as being fully paid,
instead of cash,
in respect of all
or any part dividend
as may be declared
by the Directors
from time to time. 358,917,189 99.78 790,029 0.22 24,925
------------------------------ ------------ ------ ----------- ------ -----------
17. Special Resolution:
THAT the Company
be authorised to
purchase its own
shares be approved. 358,902,289 99.77 813,554 0.23 16,300
------------------------------ ------------ ------ ----------- ------ -----------
18. Special Resolution:
THAT the Directors
be authorised to
allot and issue
up to 79,132,684
Ordinary Shares,
as if pre-emption
rights in the Articles
did not apply, be
approved. 358,907,182 99.77 824,661 0.23 300
------------------------------ ------------ ------ ----------- ------ -----------
The Special Resolution proposed in the notice and agenda of the
EGM was also duly passed. Total votes of 355,766,004 were cast at
the EGM. The results of the voting are noted as follows:
Special Resolution For % Against % Withheld
------------------------------- ------------ ------ ----------- ----- -----------
THAT the Directors
of the Company be
and are hereby generally
and unconditionally
authorised to allot
and issue an aggregate
of up to 79,132,684
Ordinary Shares and/or
C Shares for cash. 291,032,719 93.08 21,631,860 6.92 43,101,425
------------------------------- ------------ ------ ----------- ----- -----------
In accordance with Listing Rule 9.6.2, the full text of the
special resolutions passed at both the AGM and EGM have been
submitted to the National Storage Mechanism and will be available
at www.morningstar.co.uk/uk/NSM. The full text of the resolutions
may also be found in the notices of the AGM and EGM which are
available on the Company's website
https://www.graviscapital.com/funds/gcp-infra
For further information, please contact:
Gravis Capital Management Limited +44 (0)20 3405 8500
Stephen Ellis
Rollo Wright
Dion Di Miceli
Stifel Nicolaus Europe Limited +44 (0)20 7710 7600
Mark Bloomfield
Neil Winward
Tunga Chigovanyika
Buchanan +44 (0)20 7466 5000
Charles Ryland
Henry Wilson
Victoria Hayns
End of Announcement
Notes to the Editor
About GCP Infra
The Company is a closed-ended London Stock Exchange-listed
investment company that seeks to generate returns from senior and
subordinated infrastructure debt and related and/or similar assets.
The Company is advised by Gravis.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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