Henderson Opportunities Trust PLC — AGM Information 2021

Mar 11, 2021

National Storage Mechanism | Additional information

RNS Number : 0073S

Henderson Opportunities Trust PLC

11 March 2021

HENDERSON INVESTMENT FUNDS LIMITED

HENDERSON OPPORTUNITIES TRUST PLC

LEGAL ENTITY IDENTIFIER: 2138005D884NPGHFQS77

11 March 2021

HENDERSON OPPORTUNITIES TRUST PLC

Annual General Meeting held on Thursday 11 March 2021

Henderson Opportunities Trust plc announces that at the Annual General Meeting ("AGM") held earlier today all resolutions proposed were duly passed on a poll and the results are as follows:

Resolution		For	%	Against	%	Total Votes Cast	Votes cast as a percentage of total voting rights	Withheld
1	Annual Report and audited financial statements	1,814,884	99.94	1,040	0.06	1,815,924	22.99	7,733
2	Directors' Remuneration Report	1,787,100	99.03	17,463	0.97	1,804,563	22.85	19,094
3	Approve a final dividend of 7.5p per share	1,809,406	99.95	0,840	0.05	1,810,246	22.92	13,411
4	Re-appoint Wendy Colquhoun as a Director	1,692,910	93.95	108,964	6.05	1,801,874	22.81	21,783
5	Re-appoint Davina Curling as a Director	1,696,764	93.87	110,725	6.13	1,807,489	22.88	16,168
6	Re-appoint Frances Daley as a Director	1,703,283	94.18	105,298	5.82	1,808,581	22.90	15,076
7	Re-appoint Chris Hills as a Director	1,702,171	94.18	105,210	5.82	1,807,381	22.88	16,276
8	Re-appoint BDO LLP as statutory auditors	1,798,025	99.60	7,138	0.40	1,805,163	22.85	18,494
9	Authorise Directors to determine the remuneration of the statutory auditor	1,799,896	99.91	1,675	0.09	1,801,571	22.81	22,086
10	Authority to allot relevant securities	1,810,087	99.79	3,763	0.21	1,813,850	22.96	9,807
11*	Authority to disapply pre-emption rights	1,773,468	98.98	18,347	1.02	1,791,815	22.69	31,842
12*	Authority to repurchase ordinary shares	1,793,376	98.91	19,837	1.09	1,813,213	22.96	10,444
13*	14 clear days' notice for a General Meeting	1,807,840	99.59	7,422	0.41	1,815,262	22.98	8,395
14*	Updated Articles of Association	1,479,642	82.03	324,137	17.97	1,803,779	22.84	19,878

For the purposes of section 341 of the Companies Act 2006, the votes validly cast are expressed in the table above as a percentage of the Company's total voting rights as at the close of business on 9 March 2021 (7,898,375), being the time at which a shareholder had to be registered in the register of members in order to attend and vote at the AGM.  A vote "withheld" is not a vote in law and has not been counted as a vote "for" or "against" a resolution.

The number of ordinary shares in issue at the date of this announcement is 8,000,858, of which 102,483 ordinary shares are held in treasury.  As at the date of this announcement the Company's total voting rights therefore comprises 7,898,375 shares with one vote each.

Resolutions 11, 12, 13 and 14 were passed as special resolutions. Copies of resolutions 10, 11, 12, 13 and 14 will be filed at Companies House.

As announced on 10 December 2020, Peter Jones, who has served on the Board for 9 years, retired with effect from the conclusion of the Annual General Meeting. Wendy Colquhoun succeeded Peter Jones as Chairman of the Board and Chairman of the Board's Nominations, Management Engagement and Insider Committees.  Wendy Colquhoun will remain as a member of the Company's Audit and Risk Committee due to the small number of Directors on the Board.

The Company instructs J.P. Morgan Securities plc to act as its broker in respect of its market purchase transactions. The Company may utilise the authority to purchase shares by either a single purchase or a series of purchases when market conditions allow when they are trading at a discount to the underlying net asset value per share, with the aim of maximising the benefit to shareholders. This proposal does not indicate that the Company will purchase shares at any particular time or price, nor imply any opinion on the part of the Directors as to the market or other value of the Company's shares.  This arrangement is in accordance with Chapter 12 of the Financial Conduct Authority's Listing Rules and the Company's general authority to repurchase shares.

A copy of the poll results will shortly be available on the Company's website at:

www.hendersonopportunitiestrust.com

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:

James Henderson Fund Manager Henderson Opportunities Trust plc Telephone: 020 7818 4370	James de Sausmarez Director and Head of Investment Trusts Janus Henderson Investors Telephone: 020 7818 3349
Laura Foll Fund Manager Henderson Opportunities Trust plc Telephone: 020 7818 6364	Laura Thomas Investment Trust PR Manager Janus Henderson Investors Tel: 020 7818 2636

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