Pacific Assets Trust plc
Results of the
Annual General Meeting Held on Tuesday, 28
June 2022
The Board is pleased to announce that at the Annual General
Meeting (AGM) held on Tuesday, 28 June
2022, all resolutions as detailed below were duly passed by
shareholders on a show of hands. The proxy voting figures are
shown below:
Resolutions |
Votes For |
% |
Votes Against |
% |
Total Votes Cast |
Votes
Withheld |
Ordinary Resolutions |
|
1. To
receive the Report of the Directors and the financial statements
for the year ended 31 January 2022 and the Auditor’s Report
thereon. |
63,127,487 |
100.00% |
1,000 |
0.00% |
63,128,487 |
2,856 |
2. To
approve the Directors’ Remuneration Report for the year ended 31
January 2022. |
63,074,702 |
99.92% |
50,353 |
0.08% |
63,125,055 |
6,288 |
3. To
approve payment of a final dividend of 1.9p per share for the year
ended 31 January 2022. |
63,131,343 |
100.00% |
0 |
0.00% |
63,131,343 |
0 |
4. To
re-elect Charlotta Ginman as a Director. |
62,751,391 |
99.42% |
365,682 |
0.58% |
63,117,073 |
14,270 |
5. To
re-elect Sian Hansen as a Director. |
62,752,460 |
99.42% |
364,613 |
0.58% |
63,117,073 |
14,270 |
6. To
re-elect Robert Talbut as a Director. |
62,746,840 |
99.41% |
370,233 |
0.59% |
63,117,073 |
14,270 |
7. To
re-elect Edward Troughton as a Director. |
62,675,400 |
99.30% |
441,673 |
0.70% |
63,117,073 |
14,270 |
8. To
re-elect James Williams as a Director. |
62,753,345 |
99.42% |
363,728 |
0.58% |
63,117,073 |
14,270 |
9. To
re-appoint BDO LLP as Auditor. |
63,091,501 |
99.96% |
24,582 |
0.04% |
63,116,083 |
15,260 |
10. To authorise
the Audit Committee to determine the remuneration of the
Auditor. |
63,118,935 |
100.00% |
1,943 |
0.0% |
63,120,878 |
10,465 |
SPECIAL
BUSINESS |
|
11. To authorise the
Directors to allot shares up to an amount representing 10% of the
issued share capital of the Company. |
63,109,232 |
99.98% |
9,789 |
0.02% |
63,119,021 |
12,322 |
12#. To disapply the
pre-emption rights in relation to the allotment of shares up to an
amount representing 10% of the issued share capital of the
Company. |
63,064,397 |
99.91% |
54,224 |
0.09% |
63,118,621 |
12,722 |
13#. To authorise
the Company to make market purchases of the Company’s ordinary
shares. |
63,097,823 |
99.95% |
32,977 |
0.05% |
63,130,800 |
543 |
14#. To authorise
the Directors to call general meetings (other than the AGM) on not
less than 14 clear days’ notice. |
62,875,433 |
99.60% |
250,013 |
0.40% |
63,125,446 |
5,897 |
15. To approve a change
to the Company’s investment policy. |
63,124,215 |
100.00% |
20 |
0.00% |
63,124,235 |
7,108 |
# - Special Resolution
Any proxy votes which are at the discretion of the Chairman have
been included in the "for" total. A vote withheld is not a vote in
law and is not counted in the calculations of votes cast by
proxy.
At the date of the AGM the total number of Ordinary shares of
12.5p each in issue and the total number of voting rights was
120,958,386.
The proxy voting figures will shortly also be available on the
Company’s website at www.pacific-assets.co.uk
In accordance with Listing Rule 9.6.2, the full text of the
special business resolutions passed has been submitted to the
National Storage Mechanism and will shortly be available for
inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The
special business resolutions will also be filed at Companies
House.
28 June 2022
For further information please contact:
Katherine Manson |
Frostrow Capital LLP – Company
Secretary |
020 3709 8734 |