Result of AGM.


    05 May 2026 14:57:08
  • Source: Sharecast
RNS Number : 1060D
AVI Japan Opportunity Trust PLC
05 May 2026
 

AVI Japan Opportunity Trust PLC

 

Result of Annual General Meeting

 

LEI: 894500IJ5QQD7FPT3J73

5 May 2026

 

The Board of AVI Japan Opportunity Trust PLC (the "Company") is pleased to announce that all Resolutions proposed at the Annual General Meeting of the Company held at 11.30 a.m. on Tuesday, 5 May 2026, were duly passed. Voting on all resolutions was conducted by a poll.

 

The full text of the Resolutions can be found in the Notice of Annual General Meeting dated 12 March 2026, which has previously been submitted to the National Storage Mechanism and is available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The document is also available for download from the Company's website, www.ajot.co.uk/ajot-agm/.

 

For completeness, results of the poll, including proxy votes for each Resolution, were as follows:

 

Resolutions

Votes For

Votes Against

Total Votes

Votes Withheld

Resolution 1

To receive the strategic report, directors' report and audited accounts of the Company

79,190,624

99.88%

94,620

0.12%

79,285,244

24,493

Resolution 2

To approve a final ordinary dividend of 0.60p per Ordinary Share

79,260,768

99.97%

26,479

0.03%

79,287,247

22,490

Resolution 3

To re-elect Mr Norman Crighton as a Director of the Company

77,547,149

97.87%

1,685,842

2.13%

79,232,991

76,746

Resolution 4

To re-elect Ms Margaret Stephens as a Director of the Company

77,589,079

97.93%

1,643,912

2.07%

79,232,991

76,746

Resolution 5

To re-elect Mr Andrew Rose as a Director of the Company

77,557,128

97.88%

1,675,863

2.12%

79,232,991

76,746

Resolution 6

To re-elect Mr Tom Yoritaka as a Director of the Company

76,374,493

96.45%

2,807,724

3.55%

79,182,217

127,520

Resolution 7

To re-appoint BDO LLP as Auditor of the Company

79,049,762

99.73%

212,393

0.27%

79,262,155

47,582

Resolution 8

To authorise the Directors to determine the Auditor's remuneration

79,157,418

99.84%

127,826

0.16%

79,285,244

24,493

Resolution 9

To receive and approve the Directors' Remuneration Report

78,939,076

99.58%

331,112

0.42%

79,270,188

39,549

Resolution 10

To authorise the Directors to allot securities up to an aggregate nominal amount of £442,146.

79,138,796

99.84%

123,021

0.16%

79,261,817

47,920

Resolution 11*

To authorise the Directors to allot securities for cash and to disapply statutory pre-emption rights up to an aggregate nominal value of £221,073.

78,971,659

99.65%

276,371

0.35%

79,248,030

61,707

Resolution 12*

To authorise the Directors to allot securities for cash and to disapply statutory pre-emption rights up to a further aggregate nominal value of £221,073.

78,882,765

99.57%

337,693

0.43%

79,220,458

89,279

Resolution 13*

To authorise the Directors to make market purchases of Ordinary Shares in the capital of the Company up to an aggregate number of 33,138,901 shares

79,174,607

99.86%

114,939

0.14%

79,289,546

20,191

Resolution 14*

To cancel share premium account of the Company

79,151,736

99.93%

55,185

0.07%

79,206,921

102,816

Resolution 15*

To authorise the Company to hold general meetings on 14 clear days' notice

79,021,979

99.67%

260,469

0.33%

79,282,448

27,289

 

*Special resolutions

 

Enquiries:

Joe Bauernfreund
Asset Value Investors
Investment Manager

020 7659 4800

Sara Stebbing
MUFG Corporate Governance Limited
Company Secretary

0333 300 1932

 

Notes:

 

1.   Any proxy appointments giving discretion to the Chair of the meeting have been included in the "For" total.

2.   A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

3.   The Company's total ordinary shares in issue (total voting rights) as at 30 April 2026 was 222,398,394 ordinary shares. Ordinary shareholders are entitled to one vote per ordinary share held.

4.   A copy of this announcement will be available on the Company's website and, in accordance with Listing Rule 6.4.13, copies of resolutions 10 to 15 will shortly be available for inspection at the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

5.   Terms used and not defined in this announcement bear the meaning given to them in the Notice of Meeting.

6.   Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

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