Result of AGM

RNS Number : 2511I

Asia Dragon Trust PLC

10 December 2020

 

Asia Dragon Trust plc

Results of Annual General Meeting on 10 December 2020

At today's Annual General Meeting all resolutions were passed by shareholders. The proxy votes received in respect of the Annual General Meeting are shown in the following table:

Resolution Name	Number of Votes For & Discretionary	Number of Votes  Against	Number of Votes  Withheld
1.  To receive the reports of the Directors and auditor and the audited financial statements for the year ended 31 August 2020	90,541,308	16,179	28,680
2.  To approve the Directors' Remuneration Policy	90,389,660	123,007	73,500
3.   To receive and adopt the Directors' Remuneration Report, excluding the Directors' Remuneration Policy, for the year ended 31 August 2020	90,398,118	102,079	85,970
3.  To approve a final dividend of 4.75p per Ordinary share	90,530,008	15,610	40,549
4.  To re-elect James Will as a Director	89,379,579	1,142,967	63,621
5.  To re-elect Gaynor Coley as a Director	86,967,965	3,559,040	59,162
6.  To re-elect Kathryn Langridge as a Director	90,042,518	478,304	65,345
7.  To elect Susan Sternglass Noble as a Director	90,457,280	55,879	73,008
9.   To re-elect Mr Charlie Ricketts as a Director	90,041,361	478,301	66,505
10.  To appoint PWC LLP as auditor of the Company	90,444,384	72,858	68,925
11.  To authorise the Directors to fix the remuneration of the auditor for the year to 31 August 2021	90,519,739	20,186	46,241
12.  To authorise the Directors to allot shares	90,328,760	215,471	41,936
13.  To approve the disapplication of pre-emption rights	90,414,665	94,881	76,620
14.  To authorise the Company to purchase its own shares	89,785,068	762,444	38,655
15.  To allow general meetings to be held on not less than 14 days' notice	90,383,761	159,731	42,674
16.  To approve new articles of association	87,110,254	3,381,653	94,260

The total number of votes cast was 90.5 million.  Resolutions 1 - 12 were ordinary resolutions and Resolutions 13-16 were special resolutions.

As previously announced, Peter Maynard retired from the Board at the conclusion of the AGM.

A copy of the above proxy results has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism *.   The document is also available for download from the Company's website, www.asiadragontrust.co.uk

*Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

For Asia Dragon Trust plc

Aberdeen Asset Managers Limited, Secretary

 

END

 

 

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