Result of AGM
21 July 2022
HICL Infrastructure PLC
Results of Annual General Meeting
The Directors of HICL Infrastructure PLC ("HICL" or the "Company"), are pleased to announce the results of voting at the annual general meeting of the Company held at 3:00 PM on Wednesday, 20 July 2022 at Trinity House, Tower Hill, London, EC3N 4DH (the "AGM" or the "Meeting").
The notice of the AGM and proposed agenda and resolutions were circulated to shareholders and announced to the market on 7 June 2022.
Each of the resolutions proposed at the AGM was duly passed. Voting was conducted by way of a poll on each of the resolutions put to the Meeting. This is seen as best practice as it gives all shareholders the opportunity to participate in the decision-making of the Company and have their votes recorded even if they are unable to attend the Meeting in person.
Total proxy votes of 306 were cast at the AGM. The results of the voting are noted as follows:
A copy of this announcement will be available on the Company's website and, in accordance with Listing Rule 9.6.2, the full text of the resolutions passed at the AGM may be found in the Notice of AGM published on 7 June 2022 available from the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
1. Defined terms used in this announcement shall bear the meanings given in the AGM Circular.
2. Ordinary resolutions are passed if more than 50% of votes are cast in favour of the resolution; special resolutions are passed if more than 75% of votes are cast in favour of the resolution.
3. The Discretionary votes received were voted in favour of each resolution.
4. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" and "against" a particular resolution.
InfraRed Capital Partners Limited +44 (0) 20 7484 1800 / [email protected]
Teneo +44 (0) 20 7420 3169/ [email protected]
Investec Bank plc +44 (0) 20 7597 4952
RBC Capital Markets +44 (0) 20 7653 4000
Aztec Financial Services (UK) Limited +44(0) 203 818 0246
HICL Infrastructure PLC
HICL Infrastructure PLC ("HICL") is a long-term investor in infrastructure assets which are predominantly operational and yielding steady returns. It was the first infrastructure investment company to be listed on the London Stock Exchange.
With a current portfolio of 116 infrastructure investments, HICL is seeking further suitable opportunities in core infrastructure, which are inherently positioned at the lower end of the risk spectrum.
Further details can be found on the HICL website www.hicl.com.
Investment Manager (InfraRed Capital Partners)
The Investment Manager to HICL is InfraRed Capital Partners Limited ("InfraRed") which has successfully invested in over 200 infrastructure projects since 1997. InfraRed is a leading international investment manager focused on infrastructure and real estate. It operates worldwide from offices in London, New York, Mexico City, Seoul and Sydney. With over 190 professionals, it manages equity capital in multiple private and listed funds, primarily for institutional investors across the globe. InfraRed is authorised and regulated by the Financial Conduct Authority.
The infrastructure investment team at InfraRed consists of over 100 investment professionals, all with an infrastructure investment background and a broad range of relevant skills, including private equity, structured finance, construction, renewable energy and facilities management.
InfraRed implements best-in-class practices to underpin asset management and investment decisions, promotes ethical behaviour and has established community engagement initiatives to support good causes in the wider community. InfraRed is a signatory of the Principles of Responsible Investment.
Further details can be found on InfraRed's website www.ircp.com.