Manchester & London Investment Trust Plc - Result of AGM
November 01, 2023 at 09:42 am EDT
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MANCHESTERANDLONDONINVESTMENTTRUSTPLC
(the "Company")
ResultsofAnnualGeneralMeeting
1 November 2023
The Company announces that, at the Annual General Meeting ("AGM") of the Company held today, Resolutions 1 to 15 contained in the Notice of AGM were duly passed on a poll.
M&M Investment Company, the controlling shareholder of the Company undertook not to vote on the resolutionsdealingwiththere-electionandelectionoftheindependentDirectors and Mr Brett Miller.Theproxyvotesbelow therefore reflect the votes submitted by independent shareholders as indicated.
12.Todisapplystatutorypre-emption rights in relation to the issue of OrdinaryShares
27,070,878
99.87
34,642
0.13
474,324
27,579,844
69
13. To authorise the Directors to sell, transfer and allot Ordinary Shares fromTreasuryatadiscounttothenet asset value
27,063,189
99.84
42,331
0.16
474,324
27,579,844
69
14.ToauthorisetheCompanyto
makemarketpurchasesofOrdinary Shares
26,818,342
98.92
291,673
1.08
469,829
27,579,844
69
15. To authorise the Company to holdgeneralmeetingson14clear days' notice
27,077,728
99.88
32,287
0.12
469,829
27,579,844
69
NOTES:
1.
All resolutions were passed.
2.
Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3.
Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.
A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
5.
The number of shares in issue on 30 October2023 was 40,193,018 ordinary shares, carrying one vote each.At that time, the Company held 335,220 shares in treasury.
6.
The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.mlcapman.com.
7.
In accordance with listing rule 9.6.2R, a copy of resolutions 11 to 15 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Manchester and London Investment Trust plc is a United Kingdom-based investment trust company. The investment objective of the Company is to achieve capital appreciation. The Company may invest in derivatives, money market instruments, currency instruments, contracts for differences (CFDs), futures, forwards, and options for the purposes of holding investments and hedging positions against movements. The Company seeks investment exposure to companies whose shares are listed, quoted, or admitted to trading. The Company may invest up to 10% of gross assets (at the time of investment) in the equities and/or fixed interest securities of companies whose shares are not listed, quoted, or admitted to trading. The Company invests in various sectors, including information technology, communication services, consumer discretionary, fund, and health care. The Company's investment manager and alternative investment fund manager is M&L Capital Management Limited.
MANCHESTER & LONDON INVESTMENT TRUST PLC 
