Result of AGM

RNS Number : 7681V

Asia Dragon Trust PLC

15 December 2021

 

Asia Dragon Trust plc

Results of Annual General Meeting on 15 December 2021

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	Votes for (including at Chairman's discretion)	%	Votes  Against	%	Total Votes Cast (excluding withheld)	Votes  Withheld
1.  To receive the reports of the Directors and auditor and the audited financial statements for the year ended 31 August 2021	87,291,907	99.98	19,402	0.02	87,311,309	12,857
2.  To receive and adopt the Directors' Remuneration Report, excluding the Directors' Remuneration Policy, for the year ended 31 August 2021	87,213,621	99.91	82,629	0.09	87,296,250	27,917
3.   To approve a final dividend of 6.5p per Ordinary share	87,295,947	99.98	15,770	0.02	87,311,717	12,450
4.  To re-elect James Will as a Director	86,598,548	99.21	691,054	0.79	87,289,602	34,565
5.  To re-elect Gaynor Coley as a Director	83,795,788	96.00	3,493,309	4.00	87,289,097	35,070
6.  To re-elect Susan Sternglass Noble as a Director	86,837,547	99.48	455,250	0.52	87,292,797	31,370
7.  To re-elect Mr Charlie Ricketts as a Director	86,859,421	99.50	437,730	0.50	87,297,151	27,016
8.  To re-appoint PwC LLP as auditor of the Company	87,196,887	99.91	81,201	0.09	87,278,088	46,080
9.   To authorise the Directors to determine the remuneration of the auditor for the year to 31 August 2022	87,259,724	99.95	44,849	0.05	87,304,573	19,594
10.  To continue the Company as an investment trust company	87,288,059	99.98	20,602	0.02	87,308,661	15,506
11.  That subject to the passing of resolution 10, the Company shall offer five-yearly performance-related conditional tender offers	87,199,023	99.92	66,720	0.08	87,265,743	58,424
12.  To authorise the Directors to allot shares	87,215,993	99.90	88,335	0.10	87,304,328	19,840
13.  To approve the disapplication of pre-emption rights	87,236,232	99.93	62,112	0.07	87,298,344	25,823
14.  To authorise the Company to purchase its own shares	87,249,639	99.93	56,991	0.07	87,306,630	17,538
15.  To allow general meetings to be held on not less than 14 days' notice	86,985,095	99.63	319,974	0.37	87,305,069	19,099

Resolutions 1 - 12 were ordinary resolutions and Resolutions 13 -15 were special resolutions.

As previously announced, Kathryn Langridge 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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