The Diverse Income Trust Plc - Result of First General Meeting

Result of First General Meeting This announcement and the information contained in it are not for release, publication or distribution, directly or indirectly, in whole or in part, in or into, the United States of America (including its territories and possessions, any state of the United States and the District of Columbia), Australia, Canada, Japan, New Zealand, the Republic of South Africa, in any member state of the EEA or in any other jurisdiction in which the same would be unlawful. 12 May 2026 The Diverse Income Trust plc (the "Company") Results of First General Meeting In connection with the proposals for the voluntary liquidation of the Company by way of a scheme of reconstruction pursuant to section 110 of the Insolvency Act 1986 (the "Scheme"), the Board is pleased to announce that the Resolutions which were put forward at the First General Meeting held today have been approved by Shareholders on a show of hands. Details of the number of proxy votes cast for, against and withheld in respect of the resolutions are set out below and will also be published on the Company's website: +----------------+--------------+-----+-------+----+----------+----------+------ --+ |Resolution |Votes for |% |Votes |% |Total |Proxy |Votes | | |(incl. | |against| |proxy |votes cast|withheld| | |discretionary)| | | |votes cast|(excl. | | | | | | | | |votes | | | | | | | | |withheld)1| | +----------------+--------------+-----+-------+----+----------+----------+------ --+ |1. To approve |37,268,904 |98.26|661,315|1.74|37,930,219|23.19 |84,217 | |the | | | | | | | | |reclassification| | | | | | | | |of the shares in| | | | | | | | |the capital of | | | | | | | | |the Company as | | | | | | | | |shares with "A" | | | | | | | | |rights and | | | | | | | | |shares with "B" | | | | | | | | |rights and to | | | | | | | | |approve changes | | | | | | | | |required to the | | | | | | | | |Company's | | | | | | | | |articles of | | | | | | | | |association. | | | | | | | | +----------------+--------------+-----+-------+----+----------+----------+------ --+ |2. To approve |37,254,941 |98.21|677,408|1.79|37,932,349|23.19 |82,087 | |the Scheme; to | | | | | | | | |further amend | | | | | | | | |the Company's | | | | | | | | |articles of | | | | | | | | |association in | | | | | | | | |order to | | | | | | | | |implement the | | | | | | | | |Scheme; and to | | | | | | | | |instruct the | | | | | | | | |Liquidators to | | | | | | | | |give effect to | | | | | | | | |the Scheme. | | | | | | | | +----------------+--------------+-----+-------+----+----------+----------+------ --+ 1As a percentage of total voting rights The number of Ordinary Shares in issue at the date of this announcement is 163,570,773. There are no Ordinary Shares held in treasury. Therefore, as at the date of this announcement the number of voting rights in the Company are 163,570,773. The full text of the Resolutions can be found in the notice of First General Meeting contained in the Company's circular to Shareholders dated17 April 2026(the "Circular"). The Circular is available for viewing at the National Storage Mechanism which can be located at:https://data.fca.org.uk/#/nsm/nationalstoragemechanismand on the Company's website at: https://www.diverseincometrust.com/documents/ Results of Scheme Elections The Board also announces the following Elections in connection with the Scheme: · Rollover Option: 88,696,068 Ordinary Shares / 54.2 per cent. of issued share capital, which will be reclassified as Reclassified Shares with "A" rights, being the right to receive Sub-Fund Shares; and · Cash Option: 74,874,705 Ordinary Shares / 45.8 per cent. of issued share capital, which will be reclassified as Reclassified Shares with "B" rights, being the right to receive cash. In accordance with the Scheme, eligible Shareholders that made no Election (and satisfied the KYC Requirements) have been deemed to have elected for the Rollover Option. Ordinary Shareholders who did not satisfy the KYC Requirements or who are otherwise Restricted Shareholders, have been deemed to have elected for the Cash Option. In accordance with the timetable, the Ordinary Shares were disabled for settlement in CREST from6:00 p.m.on8 May 2026and trading was suspended from7.30 a.m.on11 May 2026. Expected Timetable 2026 Calculation Date 11.59 p.m. on 23 June Latest time and 10.00 a.m. on 24 June date for receipt of proxy appointments from Shareholders for the Second General Meeting Reclassification 8.00 a.m. on 25 June of the Ordinary Shares Suspension of 7.30 a.m. on 26 June dealings in Reclassified Shares Second General 10.00 a.m. on 26 June Meeting Appointment of 26 June the Liquidators Effective Date 26 June and Transfer Agreement executed and implemented Sub-Fund Shares 26 June issued pursuant to the Scheme First day of 29 June dealing in Sub -Fund Shares Contract notes As soon as practicable expected to be following the Effective Date despatched in respect of Sub -Fund Shares issued pursuant to the Scheme Cheques expected Expected to be around10 to be despatched Business Days from the and CREST Effective Date payments made to Shareholders in respect of the Cash Option Cancellation of After the Effective Date listing of Reclassified Shares The times and dates set out in the expected timetable of events above and mentioned throughout this announcement may be adjusted by the Company in which event details of the new times and dates will be notified, as requested, to the Financial Conduct Authority, the London Stock Exchange and, where appropriate, Shareholders.  All references to time in this announcement are to UK time. Defined terms used in this announcement shall, unless the context requires otherwise, have the meanings ascribed to them in the Circular. Enquiries The Diverse Income Contact via Panmure Liberum Limited Trust plc Andrew Bell, Chair Premier Miton Group 0333 456 4560 plc Gervais Williams, Martin Turner, Claire Long Panmure Liberum 020 3100 2000 Limited Alex Collins, Tom Scrivens, Ashwin Kohli LEI:2138005QFXYHJM551U45 This information was brought to you by Cision http://news.cision.com