Shareholders of the Greencoat UK Wind fund voted in majority against a closure of the investment company in a shareholder meeting on 24 April, though 11.31% called for the trust’s wind-up.
In response to the number of voters asking for the trust to be closed, the board said it would “continue to consult with those shareholders to better understand their views”.
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The trust, which has a share price total return of 29.5% compared to a sector average of 7.4%, currently trades at a 12.1% discount, according to the Association of Investment Companies.
All other resolutions, including allotting ordinary shares, authorisation to purchase shares, and allotment of equity securities, passed with over 98% of the vote.
