Shareholders of Henderson International Income Trust plc (LSE: HINT) have strongly backed a planned merger with JPMorgan Global Growth & Income plc (LSE: JGGI). The proposal was approved during a general meeting on May 13, where 97.9% of votes supported the scheme.
The vote passed a special resolution for the company’s voluntary winding-up under section 110 of the Insolvency Act 1986. It also approved changes to the company’s Articles of Association and instructed liquidators to carry out the merger plan.
A total of 54,439,192 votes were cast. Of these, 53,298,244 were in favor, and 1,140,948 were against. Another 81,252 votes were withheld, which do not count legally.
This vote follows the Board’s earlier decision to declare a pre-liquidation interim dividend of 3.9p per share on April 17, 2025. Now that the resolution has passed, the dividend will be paid on May 16 to shareholders listed on May 2.
To prepare for the merger, trading of HINT shares will be suspended at 7:30 a.m. on May 23, 2025. Settlement in CREST will be disabled from 6:00 p.m. on May 22.
The approved resolution and updated Articles of Association will be filed with the National Storage Mechanism for public access.
As of the voting deadline on May 8, the company had 195,978,716 voting shares, with none held in treasury.
This announcement is based on an official press release from Henderson International Income Trust plc. Further details are available on the company’s website and the National Storage Mechanism.
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