TIDMBIPS
Result of the Annual General Meeting ('AGM') of
Invesco Bond Income Plus Limited (the 'Company')
held on 27 June 2023
The Company confirms that all resolutions set out in the Notice of Meeting for
the AGM of the Company held on 27 June 2023 were duly passed by shareholders on
a poll.
The results of the poll for each resolution were as follows:
VOTES % VOTES % VOTES % of VOTES
FOR AGAINST TOTAL ISC WITHHELD
(including VOTED
votes at the
discretion
of the
Chair)
Resolution 1 33,416,625 99.83 57,859 0.17 33,474,484 18.84 10,169
Resolution 2 32,849,746 98.75 417,413 1.25 33,267,159 18.72 217,494
Resolution 3 33,417,486 99.83 57,859 0.17 33,475,345 18.84 9,308
Resolution 4 33,145,473 99.09 303,711 0.91 33,449,184 18.82 35,469
Resolution 5 33,292,540 99.62 127,120 0.38 33,419,660 18.81 64,993
Resolution 6 32,068,192 96.63 1,117,209 3.37 33,185,401 18.67 299,252
Resolution 7 32,051,756 96.58 1,133,645 3.42 33,185,401 18.67 299,252
Resolution 8 32,048,482 96.57 1,136,919 3.43 33,185,401 18.67 299,252
Resolution 9 32,034,496 96.53 1,150,905 3.47 33,185,401 18.67 299,252
Resolution 32,075,598 96.67 1,103,224 3.33 33,178,822 18.67 305,831
10
Resolution 33,061,615 99.01 329,084 0.99 33,390,699 18.79 89,954
11
Resolution 33,037,809 98.86 381,375 1.14 33,419,184 18.81 65,469
12
Resolution 30,784,980 92.21 2,600,623 7.79 33,385,603 18.79 99,050
13
Resolution 33,318,281 99.53 155,790 0.47 33,474,071 18.84 10,582
14
Resolution 33,285,918 99.47 176,973 0.53 33,462,891 18.83 21,762
15
Resolution 30,005,445 90.43 3,173,776 9.57 33,179,221 18.67 305,432
16
The full text of the resolutions passed was as follows:
Ordinary Resolutions:
1. To receive the annual financial report for the year ended 31 December
2022.
2. To approve the Report on Directors' Remuneration and Interests.
3. To approve the Company's Dividend Payment Policy to pay four
quarterly dividends to shareholders in May, August, November and February in
respect of each accounting year.
4. To re-appoint PricewaterhouseCoopers CI LLP as the Company's auditor.
5. To authorise the Audit Committee to determine the remuneration of the
auditor.
6. To re-elect Tim Scholefield a Director of the Company.
7. To re-elect Heather MacCallum a Director of the Company.
8. To re-elect Tom Quigley a Director of the Company.
9. To re-elect Caroline Dutot a Director of the Company.
10. To re-elect Christine Johnson a Director of the Company.
Special Business:
Ordinary Resolution
11. THAT, in accordance with Article 158 of the Company's Articles of
Association, the Directors of the Company be and they are hereby released from
their obligation pursuant to such Article to convene a general meeting of the
Company within six months of the AGM at which a special resolution would be
proposed to wind up the Company.
Special Resolutions
12. THAT, pursuant to Article 14.1 of the Company's Articles of
Association, the Directors be and are hereby empowered to issue shares, up to
10% of the existing shares in issue at the time of the AGM, without
pre-emption.
13. THAT, pursuant to Article 14.1 of the Company's Articles of
Association, and in addition to any authority granted under Resolution 12
above, the Directors be and are hereby empowered to issue shares, up to 10% of
the existing shares in issue at the time of the AGM, without pre-emption.
14. THAT, pursuant to Article 8.2 of the Company's Articles of Association
and Article 57 of the Companies (Jersey) Law 1991 as amended (the Law), the
Company be generally and unconditionally authorised:
(a) to make purchases of its issued ordinary shares of no par value (Shares) to
be cancelled or held as treasury shares provided that:
(i) the maximum number of Shares hereby authorised to be purchased shall be
14.99% of the Company's issued ordinary shares, this being 26,431,506;
(ii) the minimum price which may be paid for a Share is 1p;
(iii) the maximum price which may be paid for a share must not be more than the
higher of:
(i) 5 per cent. above the average of the mid-market values of the Shares for
the five business days before the purchase is made; and
(ii) the higher of the price of the last independent trade in the shares and
the highest then current independent bid for the Shares on the London Stock
Exchange;
(iv) any purchase of shares will be made in the market for cash prices below
the prevailing net asset value per share (as determined by the Directors);
(v) the authority hereby conferred shall expire on the earlier of the
conclusion of the next AGM of the Company held after passing of this resolution
or 15 months from the date of the passing of this resolution, whichever is the
earlier.
15. THAT, the period of notice required for general meetings of the
Company (other than AGMs) shall not be less than 14 days.
16. THAT, the maximum annual aggregate remuneration payable to the
Directors under article 98 of the Company's Articles of Association be and is
hereby increased from £185,000 to £250,000.
The Company has 177,702,596 ordinary shares of no par value in issue. On a
poll these carry one vote per share and accordingly the total voting rights are
177,702,596. The above table represents the number of votes registered.
A copy of the poll results for the AGM will also be available on the Company's
website:
www.invesco.co.uk/bips
In accordance with Listing Rule 9.6.2, copies of the resolutions that were
passed at the annual general meeting, which do not constitute ordinary business
will shortly be available for inspection via the National Storage Mechanism:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Board & Committee Composition and Senior Independent Director
The Company confirms that, as previously announced, Kate Bolsover retired from
the Board at the conclusion of the AGM. Heather MacCallum has been appointed
Senior Independent Director on Kate's retirement and Caroline Dutot has taken
over the Chair of the Nomination and Remuneration Committee.
27 June 2023
Contact:
Hilary Jones
JTC Fund Solutions (Jersey) Limited
Telephone: 01534 700000
END
(END) Dow Jones Newswires
June 27, 2023 09:21 ET (13:21 GMT)
Grafico Azioni Invesco Bond Income Plus (LSE:BIPS)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Invesco Bond Income Plus (LSE:BIPS)
Storico
Da Giu 2023 a Giu 2024
