Result of AGM
MONTANARO UK SMALLER COMPANIES INVESTMENT TRUST PLC
At the Annual General Meeting held today, the following Ordinary Resolutions
were passed:
1. To receive the audited accounts for the period ended 31 March 2010,
together with the report of the Directors and Auditors thereon.
Votes for: 26,801,624
Votes against: 0
Votes at the Chairman's discretion: 217,645
Votes withheld: 0
2. To receive and approve the Directors' remuneration report:
Votes for: 26,801,624
Votes against: 0
Votes at the Chairman's discretion: 217,645
Votes withheld: 0
3. To declare a final dividend of 3.20p per Ordinary share
Votes for: 26,801,624
Votes against: 0
Votes at the Chairman's discretion: 217,645
Votes withheld: 0
4. To re-elect David Gamble as Director of the Company
Votes for: 26,582,439
Votes against: 219,185
Votes at the Chairman's discretion: 217,645
Votes withheld: 0
5. To re-elect Michael Moule as Director of the Company
Votes for: 26,801,624
Votes against: 0
Votes at the Chairman's discretion: 217,645
Votes withheld: 0
6. To elect Kathryn Matthews as Director of the Company
Votes for: 26,795,374
Votes against: 0
Votes at the Chairman's discretion: 217,645
Votes withheld: 6,250
7. To re-appoint KPMG Audit Plc as Auditors to the Company and to authorise the
Directors to determine their remuneration
Votes for: 26,801,624
Votes against: 0
Votes at the Chairman's discretion: 217,645
Votes withheld: 0
In addition the following Resolutions were passed as Special Business of which
Resolutions 8, 10, 11 and 12 were Special Resolutions
8. To authorise the Directors pursuant to section 701 of the Companies Act 2006
to make market purchases of the Company's own Ordinary shares
Votes for: 26,801,624
Votes against: 0
Votes at the Chairman's discretion: 217,645
Votes withheld: 0
9. To authorise the Directors pursuant to section 551 of the Companies Act to
allot relevant securities up to one-third of issued Ordinary share capital
Votes for: 26,643,829
Votes against: 0
Votes at the Chairman's discretion: 217,645
Votes withheld: 157,795
10. To authorise the Directors pursuant to section 570 and section 573 of the
Companies Act 2006 to allot equity securities up to 10% of the current issued
share capital
Votes for: 24,904,302
Votes against: 12,322
Votes at the Chairman's discretion: 217,645
Votes withheld: 1,885,000
11. To authorise the Directors to issue shares held in Treasury at a discount
to NAV.
Votes for: 23,737,777
Votes against: 1,279,056
Votes at the Chairman's discretion: 217,645
Votes withheld: 1,784,791
12. To authorise pursuant to section 28 of the Companies Act 2006 amendments to
the Company's' Articles of Association
Votes for: 26,801,624
Votes against: 0
Votes at the Chairman's discretion: 217,645
Votes withheld: 0