M&G Credit Income Investment Trust Approves Allotment Authorities

On 27 February 2025, M&G Credit Income Investment Trust PLC announced that all resolutions proposed at its General Meeting were approved. This decision will support the company's strategy to maintain an effective zero discount policy by granting allotment authorities. The approval ensures that the company can proceed with the allotment of up to 15,501,113 Ordinary Shares.

During the meeting, each resolution received strong support. Specifically, 99.51% of votes favored authorizing directors to allot shares, while a slight opposition was noted with 0.49% voting against. The statutory pre-emption rights were also disapplied, with over 99% approval for both relevant resolutions.

Details of the resolutions and corresponding vote counts are available on the company's website. Furthermore, the resolutions will be submitted to the National Storage Mechanism for inspection.