REG - abrdn Diversfd. I&G - Result of General Meeting

abrdn Diversified Income and GrowthAnnouncement

23/12/2024 12:00

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RNS Number : 1519R  abrdn Diversified Income and Growth  23 December 2024

23 December 2024
 

 

ABRDN DIVERSIFIED INCOME AND GROWTH PLC

 

(the "Company")

 

Legal Entity Identifier: 2138003QINEGCHYGW702

 

Results of General Meeting

 

The Board of Directors of abrdn Diversified Income and Growth plc (the
"Company") announces that, at the General Meeting of the Company held earlier
today, both of the proposed resolutions were approved by Shareholders. As a
result, the Board will proceed with the proposals to cancel the entire amount
standing to credit of the Company's capital redemption reserve and to amend
the Company's articles of association in order to remove the requirement for
the Company to hold a continuation vote at each annual general meeting.

 

Details of the number of proxy votes cast for, against and withheld in respect
of the special resolutions, which were voted on by way of poll, are set out
below and will also be published on the Company's website:
https://www.abrdndiversified.co.uk (https://www.abrdndiversified.co.uk) .

 

 Special Resolution                                                               Votes For (including Discretionary)  %      Votes Against  %     Votes Total  % Issued Share Capital  Votes Withheld
 THAT, subject to the confirmation of the Court of Session (the "Court") and      94,204,081                           99.91  85,869         0.09  94,289,950   31.30                   144,924
 subject also to any undertaking required by the Court: (i) the capital

 redemption reserve of the Company be reduced by cancelling the entire amount
 standing to the credit of the Company's capital redemption reserve as at the
 date of the final hearing before the Court at which confirmation of the said
 cancellation is sought; and (ii) the credit thereby arising in the Company's
 books of account from the cancellation of the Company's capital redemption
 reserve be applied in crediting a distributable reserve (to be designated the
 "Distributable Capital Reserve") to be established in the Company's books of
 account which shall be able to be applied in any manner in which the Company's
 profits available for distribution (as determined in accordance with the
 Companies Act 2006) are able to be applied.
 THAT, with effect from the conclusion of the general meeting of the Company at   93,926,845                           99.84  154,338        0.16  94,081,183   31.23                   353,691
 which this Resolution is proposed, the Articles of Association of the Company
 be amended by deleting article 175.

 

The full text of the resolutions can be found in the Notice of General Meeting
contained in the Company's circular to Shareholders dated 5 December 2024 (the
"Circular"). The Circular is available for viewing at the National Storage
Mechanism which can be located at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) and on the Company's
website at https://www.abrdndiversified.co.uk
(https://www.abrdndiversified.co.uk) .

 

Defined terms used in this announcement have the meanings given in the
Circular published by the Company on 5 December 2024 unless the context
otherwise requires.

 

 Enquiries:
 abrdn Diversified Income and Growth plc            via Burson Buchanan
 Davina Walter (Chairman)
 Dickson Minto Advisers
 Douglas Armstrong                                  +44 (0)20 7649 6823
 Burson Buchanan
 Helen Tarbet / Henry Wilson                        +44 (0)20 7466 5000
 Verity Parker / Samuel Adams                       ADIG@buchanancomms.co.uk

 

 

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