City of London Investment Trust PLC

AGM Information • Oct 28, 2021

National Storage Mechanism | Additional information

RNS Number : 6356Q

City of London Investment Trust PLC

28 October 2021

HENDERSON INVESTMENT FUNDS LIMITED

THE CITY OF LONDON INVESTMENT TRUST PLC

LEGAL ENTITY IDENTIFIER: 213800F3NOTF47H6AO55

28 October 2021

THE CITY OF LONDON INVESTMENT TRUST PLC

Annual General Meeting of the Company

held on Thursday, 28 October 2021

The City of London Investment Trust plc announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed on a show of hands. This included six special business resolutions:

-    Resolution 10: to approve the dividend payment policy of paying four quarterly interim dividends in each year;

-    Resolution 11: to authorise the Directors to allot ordinary shares up to to 10% of the issued ordinary share capital;

-    Resolution 12: to authorise the Directors to allot or to sell from treasury up to 10% of the issued ordinary share capital without first offering them to existing shareholders in accordance with statutory pre-emption procedures;

-    Resolution 13: to authorise the Company to make market purchases of the Company's ordinary shares;

-    Resolution 14: to authorise the Company to make market purchases of the Company's preferred stock; and 

-    Resolution 15: to hold general meetings other than an Annual General Meeting on not less than 14 clear days' notice.  

The full text of the resolutions can be found in the circular to shareholders dated 20 September 2021 which can be viewed on the Company's website at: www.cityinvestmenttrust.com.

The proxy votes received in relation to each resolution were as follows:

Resolutions	Votes for (including at Chairman's discretion)	%	Votes against	%	Total votes cast (excluding votes withheld)	Votes withheld
1 Annual Report and financial statements	6,156,474	99.97	1,764	0.03	6,158,238	28,471
2 Directors' Remuneration Report	6,084,862	99.20	49,322	0.80	6,134,184	52,524
3 Election of Ominder Dhillon	6,107,649	99.68	19,646	0.32	6,127,295	59,414
4 Re-election of Sir Laurie Magnus	6,116,658	99.70	18,634	0.30	6,135,292	51,416
5 Re-election of Mrs Clare Wardle	6,116,649	99.74	15,944	0.26	6,132,593	54,116
6 Re-election of Mr Robert Holmes	6,116,657	99.76	14,686	0.24	6,131,343	55,364
7 Re-election of Mrs Samantha Wren	6,095,859	99.44	34,399	0.56	6,130,258	56,450
8 Re-appointment of PricewaterhouseCoopers as auditors	6,096,061	99.25	45,782	0.75	6,141,843	44,866
9 Audit Committee to determine the auditors' remuneration	6,133,450	99.71	17,996	0.29	6,151,446	35,261
10 Approve the dividend payment policy	6,159,541	99.97	1,583	0.03	6,161,124	25,588
11 Authority to allot ordinary shares	6,137,106	99.69	19,085	0.31	6,156,191	30,515
12 Authority to disapply pre-emption rights on allotment or sale of ordinary shares*	6,093,433	99.20	49,245	0.80	6,142,678	43,723
13 Authority to make market purchases of ordinary shares*	6,143,091	99.81	11,403	0.19	6,154,494	32,215
14 Authority to make market purchases of preferred stock*	6,142,409	99.84	9,890	0.16	6,152,299	34,408
15 Authority to call a general meeting on 14 clear days' notice*	6,083,022	99.09	56,126	0.91	6,139,148	47,493

* Special resolution.

A copy of the special business resolutions will be submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection on the NSM's website at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information please contact:

Job Curtis Fund Manager The City of London Investment Trust plc Tel: 020 7818 4367	Sally Porter For and on behalf of Henderson Secretarial Services Limited The City of London Investment Trust plc Tel: 020 7818 2550
Laura Thomas Investment Trust PR Manager Janus Henderson Investors Tel: 020 7818 2636

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