REG - abrdn Euro Logistics - Result of AGM

abrdn European Logistics IncomeAnnouncement

25/06/2025 14:30

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RNS Number : 4178O  abrdn European Logistics Income plc  25 June 2025

abrdn European Logistics Income plc (LSE: ASLI) (the "Company" or "ASLI")

LEI: 213800I9IYIKKNRT3G50

 

25 June 2025

 

RESULT OF ANNUAL GENERAL MEETING

 

At the Annual General Meeting of the Company held on 25 June 2025, Resolutions
1 to 11 contained in the Notice of Meeting were duly passed with all voting
having been conducted on a poll.

 

Following the AGM, the Board of Directors is pleased to note that shareholders
have followed the Board's guidance in voting against the Continuation
resolution.  This allows the Company to move forward with the recently
announced plan to place the Company into managed wind-down.  The Company
expects to issue a circular in the coming weeks which will provide details of
a general meeting to be held which will seek shareholder approval for the
required change to the Company's investment objective and policy in advance of
the commencement of the managed wind-down process.

 

The result of the poll is as follows:

 

 RES NO.  VOTES FOR    %      VOTES AGAINST  %     VOTES TOTAL  % ISC *  VOTES WITHHELD
 1        176,288,168  98.89  1,970,392      1.11  178,258,560  43.25%   33,075,370
 2        210,467,053  99.71  614,958        0.29  211,082,011  51.21%   251,919
 3        210,380,028  99.69  664,749        0.31  211,044,777  51.20%   289,153
 4        211,098,308  99.91  199,788        0.09  211,298,096  51.26%   35,834
 5        206,355,854  97.73  4,797,168      2.27  211,153,022  51.23%   180,908
 6        206,348,611  97.73  4,796,475      2.27  211,145,086  51.23%   188,844
 7        201,310,085  95.34  9,835,000      4.66  211,145,085  51.23%   188,844
 8        210,833,150  99.81  403,521        0.19  211,236,671  51.25%   97,259
 9        211,000,221  99.89  230,109        0.11  211,230,330  51.25%   103,600
 10       207,514,942  98.21  3,780,561      1.79  211,295,503  51.26%   38,427
 11       205,789,304  97.39  5,505,983      2.61  211,295,287  51.26%   38,643

 

 

In relation to Resolution 10 (authority to purchase shares) 14.99% of the
issued share capital as at today's date amounts to 61,784,936 Ordinary shares.

 

PASSING OF RESOLUTIONS UNDER SPECIAL BUSINESS

 

The full text of the resolutions can be found in the Notice of Meeting set out
in the Annual Report and Financial Statements for the year ended 31 December
2024, copies of which are available on the Company's website,
eurologisticsincome.co.uk*. Copies of the special resolutions will shortly be
available for inspection at the National Storage Mechanism ("NSM"):
https://data.fca.org.uk/#/nsm/nationalstoragemechanism *.

 

 

* Neither the Company's website nor the NSM website nor the content of any
website accessible from hyperlinks on those websites (or any other website) is
(or is deemed to be) incorporated into, or forms (or is deemed to form) part
of this announcement.

 

abrdn Holdings Limited

Company Secretary

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