Asia FX cautious amid US govt shutdown; yen tumbles after Takaichi’s LDP win
EDINBURGH - Value and Indexed Property Income Trust PLC (LON:VIP) announced Thursday that shareholders approved all resolutions at its General Meeting held at Dickson Minto LLP’s offices in Edinburgh.
The approved measures include a Rule 9 waiver granted by the Takeover Panel, authorization for market purchases of company shares pursuant to a Tender Offer, permission to sell equity securities from Treasury on a non-pre-emptive basis at a discount to net asset value, and the adoption of new Articles of Association.
The Rule 9 waiver resolution passed with 81.79% support, while the remaining special resolutions received approval ratings between 94.58% and 95.43%.
At the record date of September 23, the company had 42,013,036 voting rights and 45,549,975 shares in issue, including 3,536,939 treasury shares. Valid proxy appointments were made for 16,647,054 shares.
The highest number of votes withheld was recorded for Resolution 1 regarding the Rule 9 waiver, with 11,679,563 abstentions.
The company noted that copies of the passed resolutions and new Articles of Association have been submitted to the National Storage Mechanism and will be available for inspection on the Financial Conduct Authority’s website.
Information in this article is based on a company press release statement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.