CT UK HIGH INCOME TRUST PLC

AGM Information • Jul 26, 2024

National Storage Mechanism | Additional information

RNS Number : 0952Y

CT UK High Income Trust PLC

26 July 2024

To:                   RNS

From:              CT UK High Income Trust PLC

Date:               26 July 2024

LEI:                  213800B7D5D7RVZZPV45

Information disclosed in accordance with LR 9.6.18

Subject: Result of Annual General Meeting

CT UK High Income Trust PLC (the 'Company') announces that, at the Annual General Meeting held on 26 July 2024, a poll was held on each of the 13 resolutions proposed and all were duly passed, including those detailed below:

·    An ordinary resolution renewing the Directors' authority to allot new Ordinary shares of 0.1 pence each up to an aggregate nominal amount of £4,166 and new B shares of 0.1 pence each up to an aggregate nominal amount of £1,535 being approximately 5% of the Company's total issued Ordinary shares and approximately 5% of the Company's total issued B shares respectively (excluding shares held in treasury). This authority will expire at the conclusion of the Company's next Annual General Meeting to be held after the passing of this resolution or on 30 September 2025, whichever is earlier, unless previously revoked, varied or extended by the Company in general meeting.

·    A special resolution renewing the Directors' authority to allot new Ordinary shares of 0.1 pence each up to an aggregate nominal amount of £4,166 and new B shares of 0.1 pence each up to an aggregate nominal amount of £1,535 being 4.1% of the Company's total issued Ordinary shares and 4.8% of the Company's total issued B shares respectively (including shares held in treasury) for cash without first offering such shares to existing shareholders pro rata to their existing holdings. This authority will expire at the conclusion of the Company's next Annual General Meeting to be held after the passing of this resolution or on 30 September 2025, whichever is earlier unless previously varied, revoked or renewed by the Company in general meeting.

·    A special resolution renewing the Directors' authority to make market purchases of up to 12,490,000 Ordinary shares and 4,603,200 B shares being approximately 14.99% of the issued Ordinary shares and 14.99% of the issued B shares (excluding Ordinary shares and B shares held in treasury). This authority will expire at the conclusion of the Company's next Annual General Meeting or on 30 September 2025, whichever is the earlier, unless previously varied, revoked or renewed by the Company in general meeting.

·    A special resolution renewing the Directors' authority to sell shares from treasury without having first to make a pro rata offer to existing shareholders limited up to an aggregate nominal amount of £8,332 in respect of Ordinary shares and £3,070 in respect of B shares, representing approximately 8.2% of the Company's Ordinary share capital in issue and approximately 9.6% of the Company's B share capital in issue (including treasury shares).  This authority shall expire at the conclusion of the next Annual General Meeting of the Company or on 30 September 2025, whichever is the earlier, unless previously varied, revoked or renewed by the Company in general meeting.

The results of the poll were as follows:

		For and Discretionary		Against		Withheld	Total Votes (excluding Votes Withheld)
	Resolution	No of Votes	% of Votes Cast	No of Votes	% of Votes Cast	No of         Votes
1	Receive and adopt the Annual Report & Financial Statements for the year to 31 March 2024	25,817,678	99.39%	159,607	0.61%	61,744	25,977,285
2	Approve Directors' Remuneration Report for the year to 31 March 2024	25,036,176	97.52%	636,825	2.48%	366,028	25,673,001
3	To re-elect H M Galbraith as a Director	25,333,928	98.23%	456,423	1.77%	248,678	25,790,351
4	To re-elect S J Mitchell as a Director	25,279,570	98.09%	491,136	1.91%	268,323	25,770,706
5	To re-elect A W Pottinger as a Director	25,312,329	98.32%	431,249	1.68%	295,451	25,743,578
6	To re-elect A K Watkins as a Director	25,313,337	98.23%	457,369	1.77%	268,323	25,770,706
7	To re-appoint Deloitte LLP as Auditor	25,333,268	97.99%	520,947	2.01%	184,814	25,854,215
8	That the Directors be authorised to determine the remuneration of the Auditor	25,619,713	99.13%	225,038	0.87%	194,278	25,844,751
9	Approval of the Company's dividend/capital repayment policy	25,748,967	99.33%	173,031	0.67%	117,031	25,921,998
10	Authorise the Directors to allot shares	25,550,415	99.22%	201,459	0.78%	287,155	25,751,874
11	Authority to allot shares without pre-emption rights	25,048,032	97.46%	653,461	2.54%	337,536	25,701,493
12	Authority to purchase own shares	24,358,589	94.41%	1,441,203	5.59%	239,237	25,799,792
13	Authority to sell treasury shares without pre-emption rights	25,067,417	97.74%	579,313	2.26%	392,299	25,646,730

The full text of all the resolutions can be found in the Notice of Annual General Meeting set out in the Annual Report and Financial Statements of CT UK High Income Trust PLC for the year ended 31 March 2024, which was submitted to the National Storage Mechanism on 7 June 2024 and is available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website www.ctukhighincome.co.uk   At the time of the meeting the Company's issued share capital consists of 83,322,653 Ordinary shares carrying one vote each and 30,708,750 B shares carrying one vote each.  The Company holds 18,744,491 Ordinary shares and 1,367,953 B shares in treasury which do not carry voting rights. Therefore, the total voting rights in the Company were 114,031,403 votes.

For further information please contact:

Columbia Threadneedle Investment Business Limited                  0131 573 8300

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