REG - City of London IT - Result of AGM

City Of London Investment TrustAnnouncement

30/10/2025 16:15

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RNS Number : 5672F  City of London Investment Trust PLC  30 October 2025

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

 

THE CITY OF LONDON INVESTMENT TRUST PLC

 

LEGAL ENTITY IDENTIFIER: 213800F3NOTF47H6AO55

 

30 October 2025

 

 

THE CITY OF LONDON INVESTMENT TRUST PLC

 

Annual General Meeting of the Company

held on Thursday, 30 October 2025

 

The City of London Investment Trust plc announces that at the Annual General
Meeting held earlier today all resolutions proposed were duly passed on a show
of hands. This included six special business resolutions:

 

-    Resolution 10: to approve the dividend payment policy of continuing to
pay four quarterly interim dividends in each year;

 

-    Resolution 11: to authorise the Directors to allot ordinary shares up
to 10% of the issued ordinary share capital;

 

-    Resolution 12: to authorise the Directors to allot or to sell from
treasury up to 10% of the issued ordinary share capital without first offering
them to existing shareholders in accordance with statutory pre-emption
procedures;

 

-    Resolution 13: to authorise the Company to make market purchases of
the Company's ordinary shares;

 

-    Resolution 14: to authorise the Company to make market purchases of
the Company's preferred stock; and

 

-    Resolution 15: to hold general meetings other than an Annual General
Meeting on not less than 14 clear days' notice.

 

 

The full text of the resolutions can be found in the Notice of Annual General
Meeting in the Company's 2025 Annual Report which can be can be viewed on the
Company's website at: www.cityinvestmenttrust.com
(https://www.janushenderson.com/en-gb/investor/product/the-city-of-london-investment-trust-plc/)
.

 

The proxy votes received in relation to each resolution were as follows:

 

 Resolutions                                                                     Votes for (including at Chairman's discretion)  %      Votes against  %     Total votes cast (excluding votes withheld)  Votes withheld
 1   Annual Report and financial statements                                      6,010,276                                       99.41  24,719         0.41  6,045,767                                    22,583
 2   Directors' Remuneration Report                                              5,947,486                                       98.79  62,014         1.03  6,020,385                                    47,965
 3   Re-election of Sir Laurie Magnus                                            5,987,643                                       99.27  32,330         0.54  6,031,597                                    36,753
 4   Re-election of Mr Ominder Dhillon                                           5,986,887                                       99.29  30,857         0.51  6,029,502                                    38,851
 5   Re-election of Mr Robert Holmes                                             5,989,479                                       99.31  30,097         0.50  6,031,221                                    37,133
 6   Re-election of Ms Sally Lake                                                5,989,696                                       99.31  29,873         0.50  6,031,214                                    37,139
 7   Re-election of Mrs Clare Wardle                                             5,989,725                                       99.31  29,862         0.50  6,031,232                                    37,120
 8   Re-appointment of Ernst & Young LLP as auditors                             5,961,642                                       98.76  63,134         1.05  6,036,534                                    31,821
 9   Audit and Risk Committee to determine the auditors' remuneration            5,997,508                                       99.31  29,410         0.49  6,039,476                                    28,879
 10  Approve the dividend payment policy                                         6,025,844                                       99.62  10,889         0.18  6,048,565                                    19,788
 11  Authority to allot ordinary shares                                          5,981,329                                       99.22  34,128         0.57  6,028,068                                    40,283
 12  Authority to disapply pre-emption rights on allotment or sale of ordinary   5,953,289                                       98.77  61,513         1.02  6,027,465                                    40,886
 shares*
 13  Authority to make market purchases of ordinary shares*                      5,992,232                                       99.22  34,310         0.57  6,039,040                                    29,314
 14  Authority to make market purchases of preferred stock*                      6,001,328                                       99.46  19,927         0.33  6,033,918                                    34,436
 15  Authority to call a general meeting on 14 clear days' notice*               5,973,814                                       98.96  50,489         0.84  6,036,801                                    31,550

 

* Special resolution.

 

Holders of ordinary shares have one vote for every 15 shares held, holders of
first preference stock have one vote for every £10 of stock held and holders
of preferred ordinary stock have one vote for every £20 of stock held.

 

A copy of the special business resolutions will be submitted to the National
Storage Mechanism ("NSM") and will shortly be available for inspection on the
NSM's website at:

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

 

 

 

For further information please contact:

 

 Janus Henderson Secretarial Services UK Limited

 Corporate Secretary to The City of London Investment Trust plc

 Tel: 020 7818 1818

 Job Curtis

 Fund Manager

 The City of London Investment Trust plc

 Tel: 020 7818 4367

 Harriet Hall

 PR Director, Investment Trusts

 Janus Henderson Investors

 Tel: 020 7818 2919

 

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