GCP Infrastructure Investments
Limited
("GCP Infra" and/or the
"Company")
LEI213800W64MNATSIV5Z47
Result of Annual General
Meeting ("AGM")
GCP Infra today announces the results of voting at the Annual General
Meeting of the Company held on Wednesday 14 February 2024 at the
Registered Office of the Company.
Each of the Ordinary Resolutions and
Special Resolutions proposed in the notice and agenda of the AGM
were duly passed by the shareholders on a poll. The results of the
voting are
noted as follows:
|
Summary Resolutions1
|
For /
Discretion2
|
%
|
Against
|
%
|
Withheld
|
|
1. Ordinary
Resolution: THAT the Report of the Directors and the audited
financial statements of the Company for the year ended 30 September
2023 be adopted.
|
431,488,315
|
99.87
|
569,000
|
0.13
|
65,300
|
|
2. Ordinary
Resolution: THAT the Directors' remuneration report for the year
ended 30 September 2023 be received and approved.
|
431,186,770
|
99.88
|
512,038
|
0.12
|
423,808
|
|
3. Ordinary
Resolution: THAT Julia Chapman be re-elected as a director of the
Company.
|
427,392,215
|
98.93
|
4,607,243
|
1.07
|
123,157
|
|
4. Ordinary
Resolution: THAT Michael Gray be re-elected as a director of the
Company.
|
403,880,008
|
98.89
|
4,548,375
|
1.11
|
23,694,232
|
|
5. Ordinary
Resolution: THAT Steven Wilderspin be re-elected as a director of
the Company.
|
431,697,413
|
99.93
|
302,047
|
0.07
|
123,156
|
|
6. Ordinary
Resolution: THAT Dawn Crichard be re-elected as a director of the
Company.
|
431,674,390
|
99.92
|
326,070
|
0.08
|
122,156
|
|
7. Ordinary
Resolution: THAT Andrew Didham be re-elected as a director of the
Company.
|
418,109,104
|
96.85
|
13,604,057
|
3.15
|
409,454
|
|
8. Ordinary
Resolution: THAT Alex Yew be re-elected as a director of the
Company.
|
431,718,569
|
99.93
|
280,891
|
0.07
|
123,156
|
|
9.
Ordinary Resolution: THAT the Company's dividend
policy be approved.
|
431,960,876
|
99.97
|
117,000
|
0.03
|
44,740
|
|
10. Ordinary
Resolution: THAT KPMG Channel Islands Limited be re-appointed as
Auditors to the Company.
|
431,802,288
|
99.94
|
250,164
|
0.06
|
70,164
|
|
11.
Ordinary Resolution: THAT the Audit and Risk
Committee be authorised to determine the remuneration of KPMG
Channel Islands Limited.
|
431,117,088
|
99.95
|
196,603
|
0.05
|
113,553
|
|
12.
Ordinary Resolution: THAT the Company be
authorised to hold Ordinary Shares purchased pursuant to the
authority granted under Resolution (13) as treasury
shares.
|
431,222,888
|
99.97
|
116,836
|
0.03
|
87,520
|
|
13.
Special Resolution: THAT the Company be authorised
to make market purchases of up to 132,631,171 Ordinary
Shares.
|
431,211,801
|
99.96
|
180,447
|
0.04
|
34,996
|
|
14.
Special Resolution: THAT the Directors be
authorised to allot and issue up to 88,479,766 Ordinary Shares, as
if pre-emption rights in the articles did not apply.
|
430,787,326
|
99.88
|
517,485
|
0.12
|
122,433
|
1. The full text of the
resolutions may be found in the notice of the Annual General
Meeting, a copy of which is available on both the Company's
website at https://www.graviscapital.com/funds/gcp-infra/fund-info
and on the National Storage Mechanism
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
2. Any proxy appointments
which gave discretion to the Chairman or a third party were voted
for the resolution.
In accordance with Listing Rule
9.6.2, the full text of the special resolutions passed at the
Annual General Meeting has been submitted to the National
Storage Mechanism and will shortly be available for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information, please
contact:
|
Gravis Capital Management Limited
Philip Kent
Ed Simpson
Max Gilbert
|
+44 (0)20
3405 8500
|
|
RBC Capital Markets
Matthew Coakes
Elizabeth Evans
|
+44 (0)20
7653 4000
|
|
Stifel Nicolaus Europe Limited
Edward Gibson-Watt
Jonathan Wilkes-Green
|
+44 (0)20
7710 7600
|
|
Buchanan/Quill
Helen Tarbet
Sarah Gibbons-Cook
Henry Wilson
|
+44 (0)20
7466 5000
|
Notes to the Editor
About GCP Infra
GCP Infra is a closed-ended
investment company and FTSE-250 constituent whose shares are traded
on the main market of the London Stock Exchange. Its objective is
to provide shareholders with regular, sustained, long-term
distributions and to preserve capital over the long term by
generating exposure to UK infrastructure debt and related and/or
similar assets.
The Company primarily targets
investments in infrastructure projects with long term, public
sector-backed, availability-based revenues. Where possible,
investments are structured to benefit from partial inflation
protection. GCP Infra is advised by Gravis Capital Management
Limited.
GCP Infra has been awarded
with the London Stock Exchange's Green Economy
Mark in recognition of its contribution to positive
environmental outcomes.