Result of AGM

RNS Number : 5076L

Herald Investment Trust PLC

19 April 2018

 

HERALD INVESTMENT TRUST PLC

Results of Proxy Voting - AGM - 19 April 2018

Ordinary shares with voting rights in issue - 69,485,583

Turnout - based on 32,776,766 votes cast on resolution number 1 - 47.17%

Resolution No. 1 - to receive the directors' report, the strategic report and the financial statements and auditors' report for the year ended 31 December 2017

For *		31,705,001
Against		1,071,765
Percentage majority in favour		96.73%
Votes withheld **		0

Resolution No. 2 - to approve the directors' remuneration report for the year ended 31 December 2017            

For *		32,766,782
Against		3,900
Percentage majority in favour		99.99%
Votes withheld **		6,084

 

Resolution No. 3 - to re-elect Mr CJ Cazalet as a director

For *		30,980,413
Against		1,787,835
Percentage majority in favour		94.54%
Votes withheld **		8,518

Resolution No.4 - to re-elect Dr TJ Black as a director

For *		32,768,248
Against		0
Percentage majority in favour		100%
Votes withheld **		8,518

Resolution No.5 - to re-elect Mr K Sternberg as a director

For *		31,378,156
Against		1,390,092
Percentage majority in favour		95.76%
Votes withheld **		8,518

Resolution No.6 - to re-elect Mr J Will as a director

For *		31,258,507
Against		1,509,741
Percentage majority in favour		95.39%
Votes withheld **		8,518

 

Resolution No. 7 - to re-appoint Ernst & Young LLP as auditors

For *		28,131,707
Against		4,645,059
Percentage majority in favour		85.83%
Votes withheld **		0

Resolution No. 8 - to authorise the audit committee to determine the remuneration of the auditors

For *		32,654,640
Against		121,592
Percentage majority in favour		99.63%
Votes withheld **		534

 

 

 

Resolution No. 9 - to approve an increase in the aggregate amount of fees payable to the directors per annum, set out in article 95 to £200,000   

For *		29,627,014
Against		11,986
Percentage majority in favour		99.96%
Votes withheld **		3,137,766

 

 

Resolution No. 10 - General authority to buy back shares (Special Resolution requiring 75% majority)              

For *		32,775,752
Against		1,014
Percentage majority in favour		99.99%
Votes withheld **		0

Notes:

* Votes "For" include any discretionary votes given to the Chairman or another named proxy.

** Votes withheld have no legal effect.

Contact: Ian Bowden  020 7696 5285

 

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