Business
Results of AGM
Results of AGM.
About this update from Abrdn Property Income Trust Limited
[{"type":"text","content":"\n \n Standard Life Investments Property Income Trust Limited\n (an authorised closed-ended investment company incorporated in Guernsey with registration number 41352)\n \n LEI Number: 549300HHFBWZRKC7RW84\n (The “Company”)\n 16 JUNE 2021\n RESULT OF ANNUAL GENERAL MEETING\n At the Annual General Meeting of the Company held on 16 June 2021, all Ordinary and Special Resolutions set out in the Annual General Meeting Notice dated 29 April 2021 were duly passed.\n Details of the proxy voting results which should be read along side the Notice are noted below:\n \n \n \n Ordinary Resolution\n \n \n For\n \n \n Discretion\n \n \n (voted in favour)\n \n \n \n Against\n \n \n Abstain\n \n \n \n 1\n 160,908,348\n 3,230\n 17,973\n 78,712\n \n \n 2\n 160,292,709\n 3,230\n 291,416\n 420,908\n \n \n 3\n 160,929,713\n 3,230\n 28,320\n 47,000\n \n \n 4\n 160,286,674\n 3,230\n 394,710\n 323,649\n \n \n 5\n 160,359,928\n 3,230\n 556,283\n 88,821\n \n \n 6\n 160,424,479\n 3,230\n 183,642\n 396,912\n \n \n 7\n 160,424,479\n 3,230\n 183,642\n 396,912\n \n \n 8\n 154,316,518\n 3,230\n 33,642\n 396,912\n \n \n 9\n 160,554,159\n 3,230\n 53,962\n 396,912\n \n \n 10\n 160,550,564\n 3,230\n 57,556\n 396,912\n \n \n \n Special Resolution\n \n \n For\n \n \n Discretion\n \n \n (voted in favour)\n \n \n \n Against\n \n \n Abstain\n \n \n \n 11\n 160,781,194\n 3,230\n 185,126\n 38,713\n \n \n 12\n 159,972,246\n 3,230\n 994,075\n 38,712\n \n \n \n \n Note -\n \n \n A vote withheld is not a vote in law and has not been counted in the votes for and against a resolution. \n \n \n The Special Resolutions were as follows:\n Special Resolution 11\n To authorise the Company, in accordance with The Companies (Guernsey) Law, 2008, as amended to make market acquisitions of its own shares of 1 pence each (either for retention as treasury shares for future resale or transfer or cancellation) provided that:\n a. the maximum number of ordinary shares herby authorised to be purchased shall be 14.99 percent of the issued ordinary shares on the date on which this resolution is passed;\n b. the minimum price which may be paid for an ordinary share shall be 1 pence;\n c. the maximum price (exclusive of expenses) which may be paid for an ordinary share shall be the higher of (i) 105 percent of the average of the middle market quotations (as derived from the Daily Official Li...