LEI: 254900VC23329JCBR9G82
30 June 2023
ThomasLloyd Energy Impact Trust plc (the "Company")
Results of Annual General Meeting
ThomasLloyd Energy Impact Trust plc (the "Company") announces that, at the Annual General Meeting (the "AGM") of the Company held today, resolutions 1-4 as set out in the Notice of Meeting were duly passed on a poll.
As recommended by the Board in light of the continuing uncertainty regarding the Company's financial position, shareholders representing 35% of the issued share capital of the Company, who voted by proxy in advance of the AGM, withheld their votes in relation to resolutions 5 (continuation of the Company), 6 (authority to buy back shares) and 7 (consent to shorter notice of general meetings). The remaining business of the AGM was accordingly adjourned with voting on resolutions 5 to 7 as set out in the Notice of Meeting to be put to a vote at a later date, currently expected to be following the publication of the Company's 2022 annual report and audited financial statements. Notice of the time and place of the adjourned AGM will be given to shareholders in due course, together with the Board's voting recommendation on those resolutions and a new Form of Proxy.
The results of the poll were:
| | Resolution | Votes For (including discretionary) | % | Votes Against | % | Votes Withheld | % of Issued Share Capital Voted |
| 1 | To re-elect Sue Inglis | 124,352,461 | 97.57% | 3,101,249 | 2.43% | 2,241,875 | 72.55% |
| 2 | To re-elect Clifford Tompsett | 124,370,461 | 97.58% | 3,083,249 | 2.42% | 2,241,875 | 72.55% |
| 3 | To re-elect Kirstine Damkjaer | 124,348,504 | 97.56% | 3,105,206 | 2.44% | 2,241,875 | 72.55% |
| 4 | To re-elect Mukesh Rajani | 124,370,461 | 97.58% | 3,083,249 | 2.42% | 2,241,875 | 72.55% |
Shareholders are entitled to one vote per share. Votes withheld are not a vote in law and are therefore not counted in the calculation of the percentages of the votes cast for and against a resolution. Where shareholders appointed the Chair as their proxy with discretion as to voting, their votes were cast in favour of resolutions 1 to 4 and their shares have been included in the "votes for" column.
The total number of ordinary shares of US$0.01 each in issue is 175,684,705. The total number of voting rights is: 175,684,705.
Sue Inglis, Chair of Thomaslloyd Energy Impact Trust plc, said: "Due to the uncertainty surrounding the Company's financial position, which has arisen principally as a result of its Indian construction project, the AGM was adjourned ahead of the continuation vote. The Board believes that it would have been inappropriate to ask shareholders to vote on the continuation of the Company until it is in a position to provide shareholders with the information necessary to enable an informed assessment of the Company's financial position and prospects . We are working to provide this information as quickly as possible and, once it has been provided, the AGM will be reconvened to consider the continuation of the Company."
Enquiries:
| ThomasLloyd Energy Impact Trust plc Sue Inglis, Chair
| Tel: +44 (0)20 3757 1892
|
| ThomasLloyd Group (Investment Manager) Marc Duckeck (Head of Corporate Communications)
| Tel: +41 (0)44 213 6767
|
| Shore Capital (Joint Corporate Broker) Robert Finlay / Rose Ramsden (Corporate) Adam Gill / Matthew Kinkead / William Sanderson (Sales) Fiona Conroy (Corporate Broking)
| Tel: +44 (0)20 7408 4050 |
| Peel Hunt LLP (Joint Corporate Broker) Luke Simpson / Huw Jeremy (Investment Banking Division) Alex Howe / Richard Harris / Michael Bateman / Ed Welsby (Sales)
| Tel: +44 (0)20 7418 8900 |
| Camarco Louise Dolan Eddie Livingstone-Learmonth Phoebe Pugh
| Tel: +44 (0)20 3757 4982 |
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