REG - Intuitive Invests.Gp - Result of AGM

Intuitive InvestmentsAnnouncement

30/12/2021 11:00

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RNS Number : 0615X  Intuitive Investments Group plc  30 December 2021

Intuitive Investments Group plc

("IIG" or the "Company")

 

Result of Annual General Meeting

 

Intuitive Investments Group plc (AIM: IIG), a closed-end investment company
focussed on the life sciences sector, announces that at the Annual General
Meeting held today, all resolutions were duly passed.

 

The results of the proxy voting are summarised in the table below:

 

 Resolution  Votes For   Votes Against  Withheld
 One         24,279,200  0              0
 Two         24,279,200  0              0
 Three       24,279,200  0              0
 Four        24,279,200  0              0
 Five        24,279,200  0              0
 Six         24,279,200  0              0
 Seven       24,279,200  0              0
 Eight       24,279,200  0              0
 Nine        24,279,200  0              0
 Ten         24,279,200  0              0
 Eleven      24,279,200  0              0

 

Change of Investing Policy

The Company's investing policy has now been changed. As a result of these
changes IIG will now be able to: invest into a larger number of portfolio
companies; be appointed as an investment adviser, or manager to third party
funds; and, invest more of its assets into a single investee company. These
changes will allow the Board more flexibility in generating shareholder
returns.

 

David Evans, Chairman, commented: "I would like to thank shareholders for
their support by voting in favour of the resolutions proposed at today's
Annual General Meeting, in particular for their endorsement of the changes to
IIG's investing policy. We look forward to updating shareholders in the New
Year with further progress on existing portfolio companies and new
investments."

 

For further information, please contact:

 Intuitive Investments Group plc                       www.iigplc.com (http://www.iigplc.com/)
 David Evans, Executive Chairman                       Via Walbrook PR

 Robert Naylor, CEO

 SP Angel Corporate Finance LLP - Nominated Adviser    +44 (0) 20 3470 0470
 Jeff Keating / David Hignell / Kasia Brzozowska

 Turner Pope Investments (TPI) Ltd - Broker            +44 (0) 20 3657 0050
 Andrew Thacker / James Pope

 Walbrook PR Limited - Media & Investor Relations      +44 (0)20 7933 8780 or intuitive@walbrookpr.com
                                                       (mailto:intuitive@walbrookpr.com)
 Paul McManus/ Sam Allen                               +44 (0) 7980 541 893 / +44 (0) 7502 558 258

 

About Intuitive Investments Group plc

The Company is an investment company seeking to provide investors with
exposure to a portfolio concentrating on fast growing and/or high potential
Life Sciences businesses operating predominantly in the UK, continental Europe
and the US, utilising the Board's experience and in particular that of the
Chairman, David Evans, to seek to generate capital growth over the long term
for shareholders.

 

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.   END  RAGFDEFSSEFSEIE