Result of AGM

Results of the Annual General Meeting 2015

Capital Gearing Trust P.l.c. (the “Company”) is pleased to announce the results of its Annual General Meeting (the “AGM”) held on Wednesday, 8 July 2015 at 11.00am. The ordinary and special resolutions set out in the AGM notice were proposed and passed on a show of hands. 

The proxy voting figures are shown below. 

No.	Resolution
	ORDINARY BUSINESS
1	To receive the Report and Accounts for the year ended 5 April 2015
	Votes for/discretionary			348,600
	Votes against			0
	Total votes cast			348,600
	Votes withheld			0
	Poll	No
2	To approve the Directors’ Remuneration Report for the year ended 5 April 2015
	Votes for/discretionary			348,450
	Votes against			0
	Total votes cast			348,450
	Votes withheld			150
	Poll	No
3.	To declare a final dividend of 20p per Ordinary share for the year ended 5 April 2015
	Votes for/discretionary		348,600
	Votes against		0
	Total votes cast		348,600
	Votes withheld		0
	Poll	No
4.	To re-elect Graham Meek as a director of the Company
	Votes for/discretionary			347,388
	Votes against			1,212
	Total votes cast			348,600
	Votes withheld			0
	Poll	No
5.	To elect Jean Matterson as a director of the Company
	Votes for/discretionary			348,600
	Votes against			0
	Total votes cast			348,600
	Votes withheld			0
	Poll	No
6.	To elect Robin Archibald as a director of the Company
	Votes for/discretionary			348,600
	Votes against			0
	Total votes cast			348,600
	Votes withheld			0
	Poll	No
7.	To re-appoint PricewaterhouseCoopers LLP as auditors of the Company
	Votes for/discretionary			343,363
	Votes against			5,237
	Total votes cast			348,600
	Votes withheld			0
	Poll	No
8.	To authorise the directors to determine the auditors’ remuneration
	Votes for/discretionary			345,000
	Votes against			3,400
	Total votes cast			348,600
	Votes withheld			200
	Poll	No
	SPECIAL BUSINESS
	ORDINARY RESOLUTIONS
9.	To approve the adoption of a new zero discount/premium management policy
	Votes for/discretionary			347,800
	Votes against			800
	Total votes cast			348,600
	Votes withheld			0
	Poll	No
10.	To authorise the directors to cease offering periodic tenders at realisation value
	Votes for/discretionary			347,800
	Votes against			800
	Total votes cast			348,600
	Votes withheld			0
	Poll	No
11.	To authorise the directors to allot shares
	Votes for/discretionary			348,108
	Votes against			327
	Total votes cast			348,435
	Votes withheld			165
	Poll	No
	SPECIAL RESOLUTIONS
12.	To authorise the directors to allot shares on a non-pre-emptive basis
	Votes for/discretionary			346,986
	Votes against			1,449
	Total votes cast			348,435
	Votes withheld			165
	Poll	No
13.	To authorise the Company to make market purchases of its own shares
	Votes for/discretionary			346,600
	Votes against			2,000
	Total votes cast			348,600
	Votes withheld			0
	Poll	No
14.	To authorise the calling of general meetings, other than annual general meetings, on not less than 14 clear days’ notice
	Votes for/discretionary			337,325
	Votes against			11,075
	Total votes cast			348,400
	Votes withheld			200
	Poll	No

Notes:

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 votes for or against a resolution.

At the date of the AGM the total number of Ordinary shares of 25p each in issue and the total number of voting rights was 2,926,906.

The proxy voting figures will shortly also be available on the Company’s website at www.capitalgearingtrust.com  

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: http://www.morningstar.co.uk/uk/nsm. The special business resolutions will additionally be filed with Companies House.

Disclaimer: Neither the contents of the Company’s website nor the contents of any website accessible from hyperlinks on the Company’s website (or any other website) is incorporated into, or forms part of, this announcement. 

Enquiries
TMF Nominees Ltd
Email:[e-mail]

9 July 2015