Cordiant Digital Infrastructure Limited
(the "Company")
Cordiant Digital Infrastructure Limited (the "Company") (LSE: CORD) is pleased to announce that at the first Annual General Meeting ("AGM") held at 10.00 am (BST) today, 23 June 2022, each of the resolutions were duly passed All of the resolutions were proposed as ordinary resolutions.
The proxies received in respect of the resolutions passed follow:
| | In Favour (including discretionary) | Against | Withheld* | ||
| Resolution | Votes | % | Votes | % | Votes |
| 1 | 548,747,949 | 100 | 14,333 | 0.00 | 0 |
| 2 | 547,765,702 | 99.82 | 996,580 | 0.18 | 0 |
| 3 | 547,770,909 | 99.82 | 991,373 | 0.18 | 0 |
| 4 | 525,585,792 | 95.78 | 23,166,923 | 4.22 | 9,567 |
| 5 | 548,740,638 | 100 | 14,577 | 0.00 | 7,067 |
| 6 | 548,734,675 | 100 | 20,540 | 0.00 | 7,067 |
| 7 | 548,732,175 | 100 | 23,040 | 0.00 | 7,067 |
| 8 | 548,744,449 | 100 | 14,333 | 0.00 | 3,500 |
| 9 | 548,741,104 | 100 | 19,378 | 0.00 | 1,800 |
*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 wording of these resolutions can be found below:
Ordinary Business: Ordinary Resolutions
1. To receive and consider the Annual Report and Audited Financial Statements of the Company for the year ended 31 March 2022.
2. To reappoint BDO Limited as auditor of the Company, to hold office until the conclusion of the next annual general meeting to be held in 2023.
3. That the directors be authorised to agree the remuneration of BDO Limited.
4. To re-elect Shonaid Jemmett-Page as a director of the Company.
5. To re-elect Sian Hill as a director of the Company.
6. To re-elect Marten Pieters as a director of the Company.
7. To re-elect Simon Pitcher as a director of the Company
Special Business: Ordinary Resolution
8. To resolve that the Company be generally and, subject as hereinafter appears, unconditionally authorised, in accordance with section 315(1)(a) of The Companies (Guernsey) Law, 2008 (as amended) (the "Companies Law"), to make market acquisitions (within the meaning of section 316 of the Companies Law) of ordinary shares in the capital of the Company, and to cancel such shares or hold such ordinary shares as treasury shares, provided that:
i) the maximum number of shares hereby authorised to be purchased shall be up to an aggregate of 115,915,930 shares or such number as shall represent 14.99% of the ordinary shares in issue as at the date of the AGM, whichever is less (in either case excluding shares held in treasury);
ii) the maximum price which may be paid for an ordinary share must not be more than the higher of (i) an amount equal to 105% of the average of the mid-market values of an ordinary share taken from the London Stock Exchange Daily Official List for the five business days before the purchase is made; and (ii) the higher of the price of the last independent trade or the highest current independent bid for ordinary shares on the London Stock Exchange at the time the purchase is carried out; and
iii) the minimum price that may be paid for an ordinary share is not less than £0.01; and that the authority conferred by this resolution shall expire on the earlier of the date falling eighteen months after the passing of this resolution, or the date of the next annual general meeting of the Company (except in relation to the purchase of ordinary shares concluded before such date and which would be executed wholly or partly after such date).
9. To authorise the Directors to declare and pay all dividends of the Company as interim dividends and for the last dividend referable to a financial year not to be categorised as a final dividend that is subject to shareholder approval.
In compliance with Listing Rule 9.6.3, a copy of all resolutions passed at the AGM have today been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
-ENDS-
For Further Information, please visit www.cordiantdigitaltrust.com or contact:
| Cordiant Capital Inc. Investment Manager Stephen Foss, Managing Director | +44 (0) 20 7201 7546 |
| Ocorian Administration (Guernsey) Limited Company Secretary and Administrator Kevin Smith / Danielle McCaugherty
| +44 (0) 1481 742742 |
| Investec Bank plc Joint Corporate Broker Tom Skinner (Corporate Broking) Lucy Lewis (Corporate Finance)
| +44 (0) 20 7597 4000 |
| Jefferies International Limited Joint Corporate Broker Stuart Klein / Gaudi Le Roux
| +44 (0) 20 7029 8000 |
| Celicourt PR Adviser Philip Dennis / Felicity Winkles | +44 (0)20 8434 2643
|
Notes to Editors:
Cordiant Digital Infrastructure Limited primarily invests in the core infrastructure of the digital economy - data centres, fibreoptic networks and telecommunication and broadcast towers - "the plumbing of the internet" - in the UK, Europe and North America. Further details of the Company can be found on the Company's website at www.cordiantdigitaltrust.com.
Cordiant Capital Inc. ("Cordiant"), the Company's investment manager, is a sector-focused investment manager with particular expertise and experience in digital infrastructure. Cordiant invests in global infrastructure and real assets, running infrastructure private equity and infrastructure private credit strategies through limited partnership funds and managed accounts. Cordiant's current client base consists of global insurance companies, pension plans and family offices.
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