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LONDON - Harmony (JO:HARJ) Energy Income Trust plc announced that its 2025 Annual General Meeting, held today, concluded with the approval of all proposed resolutions. The meeting saw shareholders cast their votes on a range of issues, including the adoption of the annual accounts, director re-elections, and the company’s dividend policy.
The resolutions, which were voted on by poll, included the receipt of the annual accounts for the period ended 31 October 2024, with a unanimous vote in favor. Additionally, the directors’ remuneration report was approved with 99.97% of the votes cast in support.
Shareholders also gave their full backing to the company’s dividend policy, with 100% of the votes cast in favor. The re-election of board members Norman Crighton, Janine Freeman, Hugh McNeal, William Rickett, and Shefaly Yogendra was confirmed, each receiving at least 99.96% approval.
Ernst & Young was re-appointed as the company’s auditor, with nearly unanimous support, and the Audit & Risk Committee was authorized to determine the auditor’s remuneration. Furthermore, the company received authorization to call general meetings with not less than 14 clear days’ notice, with 99.91% of votes in favor.
The directors were also authorized to allot relevant securities and to disapply statutory pre-emption rights for the allotment of up to approximately 10% of the issued share capital, with over 99% approval. A similar resolution for an additional allotment of up to 10% also passed.
Moreover, the company was authorized to make market purchases of its own ordinary shares, with 99.99% of the votes supporting the resolution.
As per the UK Listing Rule 6.4.2, copies of all resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will be available for inspection.
The total votes cast represented 52.40% of the company’s issued share capital, with the number of voting rights in the company standing at 227,128,295 as at the close of business on 28 April 2024.
This summary is based on a press release statement from Harmony Energy Income Trust plc.
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