SDCL Energy Efficiency Income Tst Result of AGM (1528M)
12 September 2019 - 10:00PM
UK Regulatory
TIDMSEIT
RNS Number : 1528M
SDCL Energy Efficiency Income Tst
12 September 2019
12 September 2019
SDCL Energy Efficiency Income Trust plc
("SEEIT" or the "Company")
Result of Annual General Meeting (the "AGM")
The Board of SEEIT is pleased to announce the results of the
resolutions put to shareholders at the Annual General Meeting held
on 11 September 2019 at 2.00pm at Herbert Smith Freehills LLP, 12
Primrose Street, Exchange Square, City of London, EC2A 2EG.
The notice of the AGM and proposed agenda and resolutions were
circulated to shareholders and announced to the market on 09 August
2019.
Total votes of 121,799,095 were cast at the AGM representing 71%
of shares in issue.
All votes cast were in favour and as a result each of the
resolutions proposed at the AGM were approved by shareholders.
ORDINARY RESOLUTIONS FOR AGAINST WITHHELD
% Votes
No. Description Votes Votes Votes Cast
-------------------------- ------------ -------- --------- --------
1 RECEIVE ANNUAL ACCOUNTS 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
2 DIRECTORS' REMUNERATION 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
3 REMUNERATION POLICY 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
4 RE-APPOINT AUDITOR 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
5 AUDITOR'S REMUNERATION 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
6 RE-ELECT T ROPER 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
7 RE-ELECT H CLARKSON 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
8 RE-ELECT C KNOWLES 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
9 APPROVE DIVIDEND POLICY 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
10 ELECTRONIC COMMUNICATIONS 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
11 MARKET PURCHASE OF SHARES 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
12 14 DAYS' NOTICE FOR GMS 121,799,095 0 0 100.00
-------------------------- ------------ -------- --------- --------
A copy of this announcement will be available on the Company's
website and, in accordance with Listing Rule 9.6.2, the full text
of the resolutions passed at the AGM may be found in the Notice of
AGM published on 09 August 2019 available from the National Storage
Mechanism at http://www.morningstar.co.uk/uk/NSM.
For Further Information
Sustainable Development Capital T: +44 (0) 20 7287 7700
LLP
Jonathan Maxwell
Miles Alexander
Keith Driver
Jefferies International Limited T: +44 (0) 20 7029 8000
Gary Gould
David Watkins
Tom Hovanessian
TB Cardew T: +44 (0) 20 7930 0777
Ed Orlebar M: +44 (0) 7738 724 630
Joe McGregor E: SEEIT@tbcardew.com
About SEEIT
SDCL Energy Efficiency Income Trust plc is the first listed
company of its kind to invest exclusively in the energy efficiency
sector. Examples of the projects in the portfolio include combined
cooling/heating and power plants, as well as energy efficiency
projects in the UK and the US. Since acquisition of its seed
portfolio at IPO, SEEIT has announced investment in a diversified
portfolio of energy efficiency a portfolio of rooftop solar
photovoltaic projects for Tesco in the UK and a portfolio of
cogeneration assets in north east United States, which were
identified in its IPO prospectus, as well as an additional
investment in a portfolio of energy efficiency projects in the
United States.
SEEIT aims to deliver shareholders value through its investment
in a diversified portfolio of energy efficiency projects which are
driven by the opportunity to deliver lower cost, cleaner and more
reliable energy solutions to end users of energy.
SEEIT is targeting an attractive total return for shareholders
of 7-8 per cent. per annum (net of fees and expenses and by
reference to the initial issue price of GBP1.00 per Ordinary
Share), with a stable dividend income, capital preservation and the
opportunity for capital growth.
Further information can be found on the Company's website at
www.sdcleeit.com.
Investment Manager
SEEIT's investment manager is Sustainable Development Capital
LLP ("SDCL"), an investment firm established in 2007, with a proven
track record of investment in energy efficiency and decentralised
generation projects in the UK, Continental Europe, North America
and Asia.
SDCL is headquartered in London and the group also operates
worldwide from offices in New York, Dublin and Singapore. SDCL is
authorised and regulated in the UK by the Financial Conduct
Authority.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
RAGSFSFFEFUSEEU
(END) Dow Jones Newswires
September 12, 2019 08:00 ET (12:00 GMT)
Sdcl Energy Efficiency I... (LSE:SEIT)
Historical Stock Chart
From Apr 2024 to May 2024
Sdcl Energy Efficiency I... (LSE:SEIT)
Historical Stock Chart
From May 2023 to May 2024