The Board announces that at the Annual General Meeting held at 11.00 am today, Tuesday 11 July 2018, at Bow Bells House, 1 Bread Street, London, EC4M 9HH, the Ordinary Resolutions numbered 1 to 10 and the Special Resolutions numbered 11 and 12, as set out in the Notice of Meeting within the 2018 Annual Report, were passed.
In relation to Resolution 12 (authority to purchase shares for cancellation or treasury), 14.99 per cent. of the Company's issued share capital equates to 2,199,074 million Ordinary shares as at today's date.
The total number of proxy votes cast in relation to each Resolution was as follows:
In Favour
Discretionary
Against
Abstained
Resolution
Votes
%
Votes
%
Votes
%
Votes
1
6,119,797
99.36
39,074
0.63
430
0.01
475
2
6,092,575
99.22
39,074
0.64
8,858
0.14
19,269
3
6,120,606
99.36
39,074
0.63
96
0.01
0
4
6,098,999
99.11
39,074
0.63
15,934
0.26
5,769
5
6,096,091
99.08
39,074
0.64
17,441
0.28
7,170
6
6,106,182
99.23
39,074
0.63
8,751
0.14
5,769
7
6,098,492
99.1
39,074
0.63
16,882
0.27
5,328
8
6,086,594
99.05
39,074
0.64
19,197
0.31
14,911
9
6,106,165
99.32
39,074
0.64
2,234
0.04
12,303
10
6,108,857
99.31
39,828
0.65
2,282
0.04
8,809
11
6,098,409
99.21
40,483
0.66
8,293
0.13
12,591
12
6,113,883
99.35
39,074
0.64
415
0.01
6,404
The full text of the resolutions can be found in the Notice of the Meeting set out in the Annual Report and Accounts for the year ended 31 March 2018, copies of which are available on the Company's website, www.aberdeenjapan.co.uk*.
Copies of the special resolutions have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM *.
Board changes following the AGM
Following the conclusion of the AGM, Neil Gaskell stood down as Chairman and Karen Brade assumed the chairmanship. Mr Gaskell will remain as a director of the Board until the recruitment process for a new director appointment is completed.
Enquiries:
Aberdeen Asset Management PLC
Secretary
Tel. 0131 528 4000
*Neither the Company's website nor the content of any website accessible from hyperlinks on that website (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.
END
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Aberdeen Japan Investment Trust plc published this content on 10 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 July 2018 13:18:05 UTC
abrdn Japan Investment Trust plc is a United Kingdom-based closed-end investment company. The Company's principal objective is to achieve long-term capital growth principally through investment in listed Japanese companies. The Company invests in a portfolio of companies in Japan. Its portfolio is constructed through the identification of individual companies of any market capitalization and in any business sector, which offers long-term growth potential. The Company seeks to deliver a return to its shareholders through the investment of its funds in accordance with the investment policy as approved by shareholders. Its sectors include non-life insurance, automobiles and parts, banks, beverages, chemicals, construction and materials, consumer services, medical equipment and services, electricity, and industrial materials. abrdn Japan Limited is the investment manager of the Company. abrdn Fund Managers Limited is the alternative investment fund manager of the Company.
ABRDN JAPAN INVESTMENT TRUST 