REG-Invesco Global Equity Income Trust Plc: Result of AGM

Invesco Global Equity Income TrustAnnouncement

21/10/2025 15:00

Invesco Global Equity Income Trust plc

LEI: 549300JZQ39WJPD7U596

 

Result of Annual General Meeting

 

Result of the Annual General Meeting of Invesco Global Equity Income Trust plc
held on 21 October 2025:

 

All of the Annual General Meeting resolutions were decided by poll and were
passed.           

The poll results were as follows:

 

 Resolution  Votes For               %  Votes Against  %  Votes Withheld  
              (including votes at                                         
              the discretion of                                           
              the Chairman)                                               

Ordinary resolutions:

 

 1.   11,865,109  99.45  65,201   0.55  14,108  
 2.   11,717,976  98.86  134,622  1.14  91,820  
 3.   11,732,991  99.01  117,218  0.99  94,209  
 4.   11,540,257  96.97  360,221  3.03  43,940  
 5.   11,626,336  97.64  280,737  2.36  37,345  
 6.   11,547,859  96.95  362,911  3.05  33,648  
 7.   11,823,842  99.27  86,410   0.73  34,166  
 8.   11,796,324  99.11  106,094  0.89  42,000  
 9.   11,825,454  99.26  87,986   0.74  30,978  
 10.  11,912,092  99.94  7,313    0.06  25,013  
 11.  11,789,298  98.92  128,843  1.08  26,277  

 

Special resolutions:

 12.  11,622,150  97.61  284,278  2.39  37,990  
 13.  11,609,330  97.54  292,964  2.46  42,124  
 14.  11,619,629  97.42  308,144  2.58  16,645  
 15.  11,867,527  99.51  58,878   0.49  17,913  

 

 

The full text of the resolutions passed is as follows:

 

1.                      To receive the Annual Financial Report for the year
ended 31 May 2025.

2.                      To approve the Directors’ Remuneration Policy.

3.                      To approve the Annual Statement and Report on
Remuneration.

4.                      To re-elect Mark Dampier as a Director of the
Company.

5.                     To re-elect Tim Woodhead as a Director of the Company.

6.                         To re-elect Sue Inglis as a Director of the
Company.

7.                         To elect Helen Galbraith as a Director of the
Company.

8.                      To re-appoint Grant Thornton UK LLP as Auditor to the
Company

9.                                   To authorise the Audit Committee to
determine the Auditor’s remuneration.

10.                       To approve the Company’s dividend policy as set
out on page 26 of the 2025 Annual Report.

 

Special business of the Company

 

11.                       That: the Directors be and are hereby generally
and unconditionally authorised, for the purpose of section 551 of the
Companies Act 2006 as amended from time to time prior to the date of passing
this resolution (the “                     Act                    ”) to
exercise all the powers of the Company to allot relevant securities (as
defined in sections 551(3) and (6) of the Act) up to an aggregate nominal
amount of £458,927 (being 45,892,700 ordinary shares of 1 pence each) which
equates to approximately two-thirds of the total ordinary share capital is
issue (excluding treasury shares) as at 18 September 2025 (the latest
practicable date prior to the date of the notice convening the meeting at
which this resolution is proposed), provided that this authority shall expire
at the conclusion of the next AGM of the Company or the date falling 15 months
after the passing of this resolution, whichever is the earlier, save that such
authority shall allow the Company to make offers or agreements before the
expiry of this authority which would or might require relevant securities to
be allotted after such expiry and the Directors may allot relevant securities
in pursuance of such offers or agreements as if the power conferred hereby had
not expired.

 

12. That: in substitution for all existing authorities, the Directors be and
are hereby generally empowered, pursuant to sections 570 and 573 of the
Companies Act 2006 (the “                     Act                    ”) to
allot equity securities (within the meaning of section 560 of the Act)
pursuant to any authority for the time being in force under section 551 of the
Act and to sell shares held by the Company in treasury, wholly for cash, as if
section 561(1) of the Act did not apply to any such allotment or sale of
treasury shares, provided that this power:

 

(i) shall be limited to the allotment of equity securities and the sale of
treasury shares for cash up to an aggregate nominal amount of £68,839 (being
6,883,900 ordinary shares of 1 pence each which equates to approximately 10
per cent. of the total ordinary share capital of the Company in issue
(excluding treasury shares) as at 18 September 2025 (the latest practicable
date prior to the date of the notice convening the meeting at which this
resolution is proposed); and

 

(ii) expires on the conclusion of the next AGM of the Company to be held after
the passing of this resolution or the date falling 15 months after the passing
of this resolution, whichever is the earlier, save that the Company may before
such expiry make an offer or agreement which would or might require equity
securities to be allotted or sold from treasury after such expiry and the
Directors may allot equity securities in pursuance of such an offer or
agreement as if the power conferred hereby had not expired.

 

13. That: conditional on the passing of Resolution 12, and only once the
authority granted in Resolution 12 has been exhausted, the Directors be and
are hereby generally empowered, pursuant to sections 570 and 573 of the
Companies Act 2006 (the “Act”) to allot equity securities (within the
meaning of section 560 of the “                     Act                   
”) pursuant to any authority for the time being in force under section 551
of the Act and to sell shares held by the Company in treasury, wholly for
cash, as if section 561(1) of the Act did not apply to any such allotment or
sale of treasury shares, provided that this power:

 

(i) shall be limited to the allotment of equity securities and the sale of
treasury shares for cash up to an aggregate nominal amount of £68,839 (being
6,883,900 ordinary shares of 1 pence each) which equates to approximately 10
per cent. of the total ordinary share capital of the Company in issue
(excluding treasury shares) as at 18 September 2025 (the latest practicable
date prior to the date of the notice convening the meeting at which this
resolution is proposed); and

 

(ii) expires on the conclusion of the next AGM of the Company to be held after
the passing of this resolution or the date falling 15 months after the passing
of this resolution, whichever is the earlier, save that the Company may before
such expiry make an offer or agreement which would or might require equity
securities to be allotted or sold from treasury after such expiry and the
Directors may allot equity securities in pursuance of such an offer or
agreement as if the power conferred hereby had not expired.

 

14. That: the Company be and is hereby generally and unconditionally
authorised in accordance with section 701 of the Companies Act 2006 (the “  
                  Act                    ”) to make market purchases (within
the meaning of section 693(4) of the Act) of its issued ordinary shares of 1
pence each, provided that:

 

(i) the maximum number of shares hereby authorised to be purchased shall be
14.99 per cent. of the Company’s issued ordinary shares as at the date of
the AGM;

 

(ii) the minimum price which may be paid for a share shall be 1p;

 

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

(a) 5% above the average of the mid-market values of the shares for the five
business days before the purchase is made; and (b) 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 at prices
below the prevailing net asset value per share (as determined by the
Directors);

 

(v) the authority hereby conferred shall expire at the conclusion of the next
AGM of the Company or, if earlier, on the expiry of 15 months from the passing
of this resolution unless the authority is renewed at any other general
meeting prior to such time; and

 

(vi) the Company may make a contract to purchase shares under the authority
hereby conferred prior to the expiry of such authority which will be executed
wholly or partly after the expiration of such authority and may make a
purchase of shares pursuant to any such contract.

 

15. That: the period of notice required for general meetings of the Company
(other than Annual General Meetings) shall be not less than 14 days.

 

The Company has 79,986,586 Ordinary shares of 1p each in issue, of which
9,497,404 shares are held in Treasury.                     These carry one
vote per share and accordingly the total voting rights are 70,489,182. The
above tables represent the number of votes registered. Approximately 17% of
the Company’s issued share capital is represented by the voting. The poll
votes lodged with the Registrar will shortly be available via the Company’s
website at:                                                     
https://www.invesco.com/uk/en/investment-trusts/invesco-global-equity-income-trust.html

 

In accordance with UK Listing Rule 6.4.2R, 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

 

 

 

Invesco Asset Management Limited          
          Corporate Company Secretary          
          21 October 2025



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