Result of AGM

RNS Number : 4155J
Graphite Enterprise Trust PLC
11 June 2014
 

GRAPHITE ENTERPRISE TRUST PLC ("the Company")

 

RESULTS OF ANNUAL GENERAL MEETING

 

The Company is pleased to announce that at the Annual General Meeting held on 11 June 2014 all resolutions were passed on a show of hands.

 

Resolutions 1 to 11 related to Ordinary Business. Resolutions 12 to 14 related to Special Business, as set out below:

 

Resolution 12: To authorise the Directors to allot either new shares or shares held in treasury for cash, disapplying pre-emption rights.

 

Resolution 13: To authorise the Directors pursuant to Section 701 of the Companies Act 2006 to make market purchases of up to 14.99% of the Company's own Ordinary shares.

 

Resolution 14: To allow the Company to call a General Meeting with not less than 14 days notice.

 

Details of the proxy votes in respect of the resolutions passed at the Annual General Meeting received up to 48 hours before the time of the Meeting by the Company's registrar, Computershare, are set out below:

 

Resolution

For
(no. of votes)

Discretion of Chairman
(no. of votes)

Discretion of Third Parties
(no. of votes)

Against
(no. of votes)

Total Votes
(no. of votes)

For, or at discretion of Chairman
(% of Total Votes)

Abstention
(no. of votes)

1. To receive and adopt the reports of the directors and auditors and the Company's accounts

23,087,567

23,089

76

449,912

23,560,644

98.1%

19,880

2. To declare a final dividend of 7.5p and a special dividend of 8.0p

23,494,356

20,236

76

57,206

23,571,874

99.8%

6,475

3. To re-elect P. Dicks as a director

21,993,172

20,236

76

1,480,819

23,494,303

93.7%

53,980

4. To re-elect M. Fane as a director

23,273,998

20,236

76

204,150

23,498,460

99.1%

54,419

5. To re-elect A. Pomfret as a director

23,349,009

20,236

76

114,953

23,484,274

99.5%

65,490

6. To re-elect J.Tigue as a director

23,312,007

29,236

76

125,979

23,467,298

99.5%

73,537

7. To re-appoint the auditors and fix their remuneration

23,217,883

21,381

76

197,824

23,437,164

99.2%

131,900

8. To approve the Remuneration Policy

22,477,166

21,381

76

788,789

23,287,412

96.6%

249,983

9. To approve the Remuneration Report

22,859,121

21,381

76

391,338

23,271,916

98.3%

248,498

10. To approve an increase in the maximum aggregate of fees payable to the directors

22,051,650

19,651

76

1,203,659

23,275,036

94.8%

274,548

11. To give the directors authority to allot shares

23,108,837

30,432

76

284,178

23,423,523

98.8%

96,622

12. To disapply pre-emption rights

23,092,612

18,506

76

331,793

23,442,987

98.6%

105,748

13. To authorise the Company to purchase its own shares

23,228,710

20,236

76

240,990

23,490,012

99.0%

75,354

14. To call a General Meeting with not less than 14 days notice

22,798,601

21,811

76

679,721

23,500,209

97.1%

50,312

 

Copies of resolutions passed at the Annual General Meeting on 11 June 2014 concerning items other than ordinary business will be submitted to the National Storage Mechanism. These documents will shortly be available for inspection at www.hemscott.com/nsm.do

 

END


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