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LONDON - Shareholders of Henderson International Income Trust plc (LSE:HINT) have given their overwhelming approval to a merger with JPMorgan Global Growth & Income plc (LSE:JGGI), as revealed in a recent announcement. The approval came through a special resolution during the First General Meeting held today, where 97.90% of votes cast were in favor of the scheme of reconstruction and voluntary winding up of the Company under section 110 of the Insolvency Act 1986.
The resolution, which also included the amendment of the Articles of Association and instructions to the Liquidators to give effect to the Scheme, received a total of 54,439,192 votes, with 53,298,244 votes supporting and 1,140,948 against. A marginal number of 81,252 votes were withheld, which are not counted in law.
This significant step follows the Board’s declaration of a pre-liquidation interim dividend of 3.9p per share on April 17, 2025, which is now set to be paid on May 16 to shareholders on the register as of May 2, conditional on the passing of the special resolution. With the resolution’s approval, the condition has been met, and the dividend will be distributed as planned.
In preparation for the merger, the Shares will be disabled for settlement in CREST from 6.00 p.m. on May 22, 2025, and trading will be suspended from 7.30 a.m. on May 23, 2025. The special resolution and the newly approved Articles of Association will be submitted to the National Storage Mechanism and will be available for viewing at the designated online location.
As of the voting record time on May 8, 2025, the total number of voting rights in the Company was 195,978,716, with no shares held in treasury. This announcement is based on a press release statement from Henderson International Income Trust PLC, and further details can be found on the Company’s website and at the National Storage Mechanism.
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