REG-BlackRock Income and Growth Investment Trust Plc: Result of AGM

Blackrock Income and Growth Investment TrustAnnouncement

06/03/2025 16:15

BlackRock Income and Growth Investment Trust plc

(the Company)

(LEI: 5493003YBY59H9EJLJ16)

Results of AGM

Following the Annual General Meeting which was held today, we are pleased to
announce that all resolutions put to shareholders were passed on a poll,
including ordinary resolutions 9 and special resolutions 10, 11 and 12 under
special business of the Company: 

(Resolution 9)  To grant the Directors’ authority to allot shares

(Resolution 10)  To authorise the Directors to dissaply pre-emption rights in
respect of issues of new shares or the sale of ordinary shares out of
treasury.

(Resolution 11)  To authorise the Directors to purchase the Company’s
ordinary shares for cancellation or to be held in treasury.

(Resolution 12)  That the period of notice required for general meetings of
the Company (other than Annual General Meetings) shall be not less than 14
clear days’ notice

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: 

http://www.morningstar.co.uk/uk/NSM

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

                Votes      %       Votes      %      % of Available Voting Rights*  Votes       
                 For                Against                                          Withheld   
                                                                                                
 Resolution 1   3,912,399  99.87   5,250      0.13   20.14                          0           
 Resolution 2   3,870,793  99.09   35,609     0.91   20.08                          11,247      
 Resolution 3   3,917,649  100.00  0          0.00   20.14                          0           
 Resolution 4   3,887,215  99.59   15,941     0.41   20.07                          14,493      
 Resolution 5   3,493,663  89.51   409,493    10.49  20.07                          14,493      
 Resolution 6   3,886,072  99.59   15,941     0.41   20.06                          15,636      
 Resolution 7   3,913,862  99.90   3,787      0.10   20.14                          0           
 Resolution 8   3,917,649  100.00  0          0.00   20.14                          0           
 Resolution 9   3,897,708  99.49   19,941     0.51   20.14                          0           
 Resolution10   3,884,300  99.18   32,206     0.82   20.14                          1,143       
 Resolution 11  3,902,958  99.63   14,691     0.37   20.14                          0           
 Resolution 12  3,915,084  99.94   2,300      0.06   20.14                          265         

 

 

 

 

Disclosure of Share Buy Back Authority Renewal

In accordance with the Commission Delegated Regulation (EU) 2016/1052 of
8.3.2016 (the Buy-back and Stabilisation RTS).

BlackRock Income and Growth Investment Trust plc (the Company) is hereby
disclosing to a regulatory information services (RIS) details of its share
buyback authority which it renews annually. This authority was last renewed at
the Company’s Annual General Meeting held on 6 March 2025 when a special
resolution was approved by shareholders authorising the Company to make market
purchases of its own shares of up to a maximum of 14.99% of the Company’s
shares in issue (excluding any shares held in treasury).   

The Company has authority to repurchase a maximum of 2,915,528 of its ordinary
shares (being the outstanding shareholder authority at the date of this
announcement). Such authority lasts until the next shareholder authority
granted, or where expressly revoked by shareholders. The share buybacks may be
funded from the Company’s resources (including redemptions on funds the
Company has invested in and debt facilities). No maximum consideration payable
has been determined by the Company, but the Company is unable to pay a price
for any shares pursuant to the buy-back which would equate to a premium to the
prevailing net asset value.

The Company has appointed J.P. Morgan Securities plc to act as its broker in
respect of the Company’s share buy-back programme.

The share buy-backs will be undertaken pursuant the Company’s discount
management programme.

This arrangement is in accordance with Chapter 12 of the FCA Listing Rules and
the Company’s general authority to repurchase shares.

6 March 2025

Enquiries:

Mr K Mayger

For and on behalf of
BlackRock Investment Management (UK) Limited, Secretary
Telephone: 020 7743 3000

 

 Release (https://mb.cision.com/Main/22401/4115579/3306036.pdf)  



Copyright (c) 2025 PR Newswire Association,LLC. All Rights Reserved