REG-BlackRock American Income Trust Plc: Result of AGM and GM

Blackrock American Income TrustAnnouncement

16/04/2025 17:15

 

BlackRock American Income Trust plc (LEI: 549300WWOCXSC241W468)

Results of Annual General Meeting and General Meeting

Following the Annual General Meeting and General Meeting which were held
today, we are pleased to announce that all resolutions put to shareholders
were passed by vote on a poll.

David Barron, Chair of the Board, commented:

"BlackRock American Income Trust's adoption of a systematic investment
strategy combines the use of artificial intelligence, big data and BlackRock's
human expertise, with the unique advantages of the UK investment trust
structure. The Company is now uniquely positioned in the market with a truly
innovative approach.  With a lower cost base, enhanced income distribution
and a compelling value-oriented approach to US equities, we are confident this
transformation will lead to substantial benefits for shareholders."

Final votes received in favour of the resolutions were as follows:

Annual General Meeting

                For & Discretionary  %      Votes Against  %     Votes Withheld  
                                                                                 
 Resolution 1   15,537,644           99.62  58,994         0.38  75,871          
 Resolution 2   15,360,827           98.90  170,826        1.10  140,856         
 Resolution 3   15,573,600           99.85  23,038         0.15  75,871          
 Resolution 4   15,038,945           96.47  550,573        3.53  82,991          
 Resolution 5   14,946,359           95.86  645,159        4.14  80,991          
 Resolution 6   15,031,556           96.42  557,962        3.58  82,991          
 Resolution 7   15,475,382           99.36  99,886         0.64  87,241          
 Resolution 8   15,531,070           99.64  55,867         0.36  85,572          
 Resolution 9   14,627,175           93.31  1,049,472      6.69  28,256          
 Resolution 10  15,477,081           99.24  118,271        0.76  77,157          
 Resolution 11  15,370,327           98.63  212,819        1.37  89,363          
 Resolution 12  14,390,231           92.23  1,212,375      7.77  69,903          

 

General Meeting

 

               For & Discretionary  %      Votes Against  %     Votes Withheld  
                                                                                
 Resolution 1  15,369,633           99.33  102,991        0.67  87,782          
 Resolution 2  15,389,041           99.30  108,822        0.70  62,543          

 

Under Listing Rule 9.6.2 a copy of the resolutions has been submitted to the
National Storage Mechanism, and will shortly be made available for inspection
at: 

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Tender forms for participation in the tender offer which is being implemented
to give shareholders (other than certain overseas shareholders) the
opportunity to tender up to 20% of the Company's issued share capital
(excluding treasury shares) must be returned no later than 1.00 p.m. on 17
April 2025. As at close of business on 15 April 2025, the Company's shares
were trading at a discount of 2.5% to the underlying net asset value.

16 April 2025

 

 Release (https://mb.cision.com/Main/22399/4137346/3395519.pdf)  



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