REG - Octopus Renewables - Result of Meeting

Octopus Renewables Infrastructure TrustAnnouncement

19/06/2024 17:00

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RNS Number : 1143T  Octopus Renewables Infra Trust PLC  19 June 2024

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            349,567,539  99.99%  23,085   0.01%  68,014
 year ended 31 December 2023 (the "Annual Report").
 2.       To approve the Directors' Remuneration Report included in the          348,981,748  99.87%  439,093  0.13%  237,797
 Annual Report.
 3.       To approve the Directors' Remuneration Policy included in the          348,948,253  99.86%  498,107  0.14%  212,278
 Annual Report.
 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             349,182,577  99.89%  394,109  0.11%  81,952
 Company.
 10.    To authorise the Directors to fix the remuneration of the auditor        349,394,182  99.95%  185,471  0.05%  78,985
 until the conclusion of the next Annual General Meeting of the Company.
 11. To authorise the Directors to declare and pay all dividends of the Company  349,516,793  99.98%  72,563   0.02%  69,282
 as interim dividends.
 12.    To authorise the Directors to allot relevant securities under            349,312,459  99.93%  259,201  0.07%  86,988
 section 551 of the Companies Act 2006.
 13.    To authorise the Directors to disapply pre-emption rights under          349,107,014  99.87%  454,564  0.13%  97,070
 sections 570 and 573 of the Companies Act 2006.
 14.    To approve further disapplication of pre-emption rights under            349,080,849  99.86%  487,905  0.14%  89,894
 sections 570 and 573 of the Companies Act 2006.
 15.    To authorise the Company to make market purchases of its own             349,460,349  99.96%  125,279  0.04%  73,010
 ordinary shares.
 16.    To authorise that General Meetings, other than Annual General            349,124,818  99.87%  444,613  0.13%  89,207
 Meetings, may be called on 14 clear days' notice.

 

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

 

For further information please contact:

 

 Octopus Energy Generation (Investment Manager)                                  Via Buchanan

 Chris Gaydon, David Bird

 Peel Hunt (Broker)                                                              020 7418 8900

 Liz Yong, Luke Simpson, Huw Jeremy (Investment Banking)

 Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris, Michael Bateman (Sales)

 Buchanan (Financial PR)                                                         020 7466 5000

 Charles Ryland, George Beale

 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
(http://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
(http://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.

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