Result of AGM

Pacific Assets Trust plc

Results of the Annual General Meeting Held on Tuesday, 9 July 2024

The Board is pleased to announce that at the Annual General Meeting (AGM) held on Tuesday, 9 July 2024, all resolutions as detailed below were duly passed by shareholders on a poll.  The results of the poll are shown below:

Resolutions	Votes For	%	Votes Against	%	Total Votes Cast	VotesWithheld
Ordinary Resolutions
To receive the Report of the Directors and the financial statements for the year ended 31 January 2024 and the Auditor’s Report thereon.	45,323,469	100.00%	870	0.00%	45,324,339	12,243
To approve the Directors’ Remuneration Report for the year ended 31 January 2024.	45,229,586	99.87%	59,592	0.13%	45,289,178	47,404
To approve payment of a final dividend of 4.0p per share for the year ended 31 January 2024.	45,335,712	100.00%	870	0.00%	45,336,582	0
To re-elect Sian Hansen as a Director.	45,290,581	99.98%	8,246	0.02%	45,298,827	37,755
To re-elect Andrew Impey as a Director.	45,273,481	99.95%	21,378	0.05%	45,294,859	41,723
To elect Nandita Sahgal as a Director.	45,284,519	99.99%	6,340	0.01%	45,290,859	45,723
To re-elect Robert Talbut as a Director.	45,127,389	99.63%	167,470	0.37%	45,294,859	41,723
To re-elect Edward Troughton as a Director.	45,275,453	99.96%	19,406	0.04%	45,294,859	41,723
To re-appoint BDO LLP as Auditor.	45,303,374	99.96%	17,613	0.04%	45,320,987	15,595
To authorise the Audit Committee to determine the remuneration of the Auditor.	45,318,054	99.99%	2,847	0.01%	45,320,901	15,681
11. To authorise the Directors to allot shares up to an amount representing 10% of the issued share capital of the Company.	45,307,096	99.96%	19,556	0.04%	45,326,652	9,930
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.	45,251,781	99.85%	69,761	0.15%	45,321,542	15,040
13#.  To authorise the Company to make market purchases of the Company’s ordinary shares.	45,292,742	99.90%	43,840	0.10%	45,336,582	0
14#.  To authorise the Directors to call general meetings (other than the AGM) on not less than 14 clear days’ notice.	45,224,436	99.80%	89,623	0.20%	45,314,059	22,523

# - Special Resolution

Any proxy votes which are at the discretion of the Chair 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 poll results 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 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. Resolutions 11 to 14 will also be filed at Companies House.

9 July 2024

Katherine Manson

Frostrow Capital LLP – Company Secretary

020 3709 8734

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