19 June 2024
LEI: 213800B81BFJKWM2JV13
Octopus Renewables
Infrastructure Trust plc
("ORIT" or the
"Company")
Result of Annual General
Meeting
Octopus Renewables Infrastructure
Trust plc is pleased to announce that, at the Annual General
Meeting of the Company held at 10.00 am this morning, all
resolutions, as outlined in the Notice of Annual General Meeting
(the "Notice") were
passed.
A poll was held on each of the
resolutions set out in the Notice and the results of the poll are
set out below:
Resolution
|
For
|
Against
|
Withheld*
|
Votes
|
%
|
Votes
|
%
|
Votes
|
1. To receive the
Company's Annual Report and Accounts for the year ended 31 December
2023 (the "Annual Report").
|
349,567,539
|
99.99%
|
23,085
|
0.01%
|
68,014
|
2. To approve the
Directors' Remuneration Report included in the Annual
Report.
|
348,981,748
|
99.87%
|
439,093
|
0.13%
|
237,797
|
3. To approve the
Directors' Remuneration Policy included in the Annual
Report.
|
348,948,253
|
99.86%
|
498,107
|
0.14%
|
212,278
|
4. To re-elect Philip
Austin as a director of the Company.
|
349,204,369
|
99.95%
|
172,625
|
0.05%
|
281,644
|
5. To re-elect James
Cameron as a director of the Company.
|
349,224,670
|
99.95%
|
188,650
|
0.05%
|
245,318
|
6. To re-elect Elaina
Elzinga as a director of the Company.
|
349,182,214
|
99.94%
|
206,196
|
0.06%
|
270,228
|
7. To re-elect Audrey
McNair as a director of the Company.
|
349,243,543
|
99.95%
|
160,494
|
0.05%
|
254,601
|
8. To elect Sarim Sheikh
as a director of the Company.
|
349,249,035
|
99.95%
|
190,703
|
0.05%
|
218,900
|
9. To re-appoint
PricewaterhouseCoopers LLP as auditor to the Company.
|
349,182,577
|
99.89%
|
394,109
|
0.11%
|
81,952
|
10. To authorise
the Directors to fix the remuneration of the auditor until the
conclusion of the next Annual General Meeting of the
Company.
|
349,394,182
|
99.95%
|
185,471
|
0.05%
|
78,985
|
11. To authorise the Directors to
declare and pay all dividends of the Company as interim
dividends.
|
349,516,793
|
99.98%
|
72,563
|
0.02%
|
69,282
|
12. To authorise
the Directors to allot relevant securities under section 551 of the
Companies Act 2006.
|
349,312,459
|
99.93%
|
259,201
|
0.07%
|
86,988
|
13. To authorise
the Directors to disapply pre-emption rights under sections 570 and
573 of the Companies Act 2006.
|
349,107,014
|
99.87%
|
454,564
|
0.13%
|
97,070
|
14. To approve
further disapplication of pre-emption rights under sections 570 and
573 of the Companies Act 2006.
|
349,080,849
|
99.86%
|
487,905
|
0.14%
|
89,894
|
15. To authorise
the Company to make market purchases of its own ordinary
shares.
|
349,460,349
|
99.96%
|
125,279
|
0.04%
|
73,010
|
16. To authorise
that General Meetings, other than Annual General Meetings, may be
called on 14 clear days' notice.
|
349,124,818
|
99.87%
|
444,613
|
0.13%
|
89,207
|
*A vote withheld is not a vote in
law and is therefore not counted towards the proportion of votes
"For" or "Against" the resolution.
The full text for each resolution is
contained in the notice of Annual General Meeting, a copy of which
is available on the Company's website at www.octopusrenewablesinfrastructure.com/investors/.
In accordance with LR9.6.2R, copies
of all the resolutions passed other than resolutions concerning
ordinary business will be submitted to the National Storage
Mechanism website and will shortly be available for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For
further information please contact:
Octopus Energy Generation (Investment
Manager)
Chris Gaydon, David Bird
|
Via
Buchanan
|
Peel Hunt (Broker)
Liz Yong, Luke Simpson, Huw Jeremy
(Investment Banking)
Alex Howe, Chris Bunstead, Ed
Welsby, Richard Harris, Michael Bateman (Sales)
|
020 7418
8900
|
Buchanan (Financial PR)
Charles Ryland, George
Beale
|
020 7466
5000
|
Apex Listed Companies Services (UK)
Limited (Company
Secretary)
|
020 3327
9720
|
Notes to editors
About Octopus Renewables Infrastructure
Trust
Octopus Renewables Infrastructure
Trust plc ("ORIT") is a premium-listed, closed-ended investment
company incorporated in England and Wales focused on providing
investors with an attractive and sustainable level of income
returns, with an element of capital growth, by investing in a
diversified portfolio of renewable energy assets in Europe and
Australia. As an impact fund, ORIT is helping accelerate the
transition to net zero by investing in green energy, whilst also
contributing to a broader set of UN Sustainable Development Goals
through its impact initiatives. ORIT's investment manager is
Octopus Energy Generation.
Further details can be found
at www.octopusrenewablesinfrastructure.com
About Octopus Energy Generation
Octopus Energy Generation is driving
the renewable energy agenda by building green power for the future.
Its specialist renewable energy fund management team invests in
renewable energy assets and broader projects helping the energy
transition, across operational, construction and development
stages. The team was set up in 2010 based on the belief that
investors can play a vital role in accelerating the shift to a
future powered by renewable energy. It has a 13-year track record
with approximately £6.7 billion of assets under management (AUM)
(as of 31 March 2024) across 20 countries and total 4.0GW. These
renewable projects generate enough green energy to power 2.5
million homes every year, the equivalent of taking over 1.5 million
petrol cars off the road. Octopus Energy Generation is the trading
name of Octopus Renewables Limited.
Further details can be found
at www.octopusenergygeneration.com
Neither the content of any website
referred to in this announcement nor the content of any website
accessible from hyperlinks is incorporated into, or forms part of,
this announcement.