REG-Invesco Bond Income Plus Ltd: Result of AGM

Invesco Bond Income PlusAnnouncement

11/06/2025 11:45

Result of the Annual General Meeting (‘AGM’) of

Invesco Bond Income Plus Limited (the ‘Company’)

held on 11 June 2025

The Company confirms that all resolutions set out in the Notice of Meeting for
the AGM of the Company held on 11 June 2025 were duly passed by shareholders
on a poll.

The results of the poll for each resolution were as follows:

                VOTES                                                   %      VOTES      %     VOTES       % of ISC VOTED  VOTES       
                 FOR (including votes at the discretion of the Chair)           AGAINST          TOTAL                       WITHHELD   
 Resolution 1   37,354,557                                              99.96  16,400     0.04  37,370,957  17.68%          181,430     
 Resolution 2   36,876,512                                              99.20  299,073    0.80  37,175,585  17.59%          376,802     
 Resolution 3   37,441,694                                              99.97  10,895     0.03  37,452,589  17.72%          99,798      
 Resolution 4   36,869,050                                              98.90  408,829    1.10  37,277,879  17.64%          274,508     
 Resolution 5   37,248,353                                              99.79  79,879     0.21  37,328,232  17.66%          224,155     
 Resolution 6   37,123,464                                              99.75  91,563     0.25  37,215,027  17.61%          337,360     
 Resolution 7   37,144,019                                              99.81  71,008     0.19  37,215,027  17.61%          337,360     
 Resolution 8   37,134,644                                              99.78  80,383     0.22  37,215,027  17.61%          337,360     
 Resolution 9   37,071,276                                              99.78  80,543     0.22  37,151,819  17.58%          400,568     
 Resolution 10  37,118,985                                              99.62  141,480    0.38  37,260,465  17.63%          291,922     
 Resolution 11  36,860,209                                              98.63  510,907    1.37  37,371,116  17.68%          181,271     
 Resolution 12  36,865,989                                              98.65  505,670    1.35  37,371,659  17.68%          180,728     
 Resolution 13  37,357,115                                              99.77  87,065     0.23  37,444,180  17.72%          108,207     
 Resolution 14  37,199,290                                              99.40  223,609    0.60  37,422,899  17.71%          129,488     
 Resolution 15  37,074,336                                              99.47  199,244    0.53  37,273,580  17.64%          278,807     

 

The full text of the resolutions passed was as follows:

Ordinary Resolutions:

1.  To receive the annual financial report for the year ended 31 December
2024.

2.  To approve the Directors’ Remuneration Report.

3.  To approve the Company’s Dividend Payment Policy to pay four quarterly
dividends to shareholders in May, August, November and February in respect of
each accounting year.

4.  To re-appoint PricewaterhouseCoopers CI LLP as the Company’s auditor.

5.  To authorise the Audit Committee to determine the remuneration of the
auditor.

6.  To re-elect Tim Scholefield a Director of the Company.

7.  To re-elect Heather MacCallum a Director of the Company.

8.  To re-elect Caroline Dutot a Director of the Company.

9.  To re-elect Christine Johnson a Director of the Company.

Special Business:

Ordinary Resolution

10.  THAT, in accordance with Article 158 of the Company’s Articles of
Association, the Directors of the Company be and they are hereby released from
their obligation pursuant to such Article to convene a general meeting of the
Company within six months of the AGM at which a special resolution would be
proposed to wind up the Company.

Special Resolutions

11.  THAT, pursuant to Article 14.1 of the Company’s Articles of
Association, the Directors be and are hereby empowered to issue shares, up to
10% of the existing shares in issue at the time of the AGM, without
pre-emption.

12.  THAT, pursuant to Article 14.1 of the Company’s Articles of
Association, and in addition to any authority granted under Resolution 11
above,  the Directors be and are hereby empowered to issue shares, up to 10%
of the existing shares in issue at the time of the AGM, without pre-emption.

13.  THAT, pursuant to Article 8.2 of the Company’s Articles of Association
and Article 57 of the Companies (Jersey) Law 1991 as amended (the Law), the
Company be generally and unconditionally authorised:

(a) to make purchases of its issued ordinary shares of no par value (Shares)
to be cancelled or held as treasury shares provided that:

(i) the maximum number of Shares hereby authorised to be purchased shall be
14.99% of the Company’s issued ordinary shares, this being 30,632,713;

(ii) the minimum price which may be paid for a Share is 1p;

(iii) the maximum price which may be paid for a share must not be more than
the higher of:

(i) 5 per cent. above the average of the mid-market values of the Shares for
the five business days before the purchase is made; and

(ii) the higher of the price of the last independent trade in the shares and
the highest then current independent bid for the Shares on the London Stock
Exchange;

(iv) any purchase of shares will be made in the market for cash prices below
the prevailing net asset value per share (as determined by the Directors);

(v) the authority hereby conferred shall expire on the earlier of the
conclusion of the next AGM of the Company held after passing of this
resolution or 15 months from the date of the passing of this resolution,
whichever is the earlier.

14.  THAT, the period of notice required for general meetings of the Company
(other than AGMs) shall not be less than 14 days.

15. THAT, with effect from the conclusion of the meeting the draft articles
of association produced to the meeting and signed by the chairman of the
meeting for the purposes of identification be adopted as the articles of
association of the Company in substitution for, and to the exclusion of the
Company's existing articles of association.

The Company has 211,954,323 ordinary shares of no par value in issue.  On a
poll these carry one vote per share and accordingly the total voting rights
are 211,954,323. The above table represents the number of votes registered. 

A copy of the poll results for the AGM will also be available on the
Company’s website:

www.invesco.co.uk/bips

In accordance with UK Listing Rule 6.4.2 R, copies of the resolutions that
were passed at the annual general meeting, which do not constitute ordinary
business will shortly be available for inspection via the National Storage
Mechanism:

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

11 June 2025

Contact:

Hilary Jones
JTC Fund Solutions (Jersey) Limited
Telephone: 01534 700000

 



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