Result of AGM

HgCapital Trust PLC

17 May 2023

 

HgCapital Trust plc

(the "Company", "HGT")

Legal Entity Identifier: 213800J7QUJJBEFSIN38

17 May 2023

Annual General Meeting ("AGM") Results

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed. All resolutions were voted on by way of a poll.  The results of the poll for each resolution were as follows:

Resolution	For (No. of shares)	For (%)	Against (No. of shares)	Against (%)	Votes Withheld (No. of shares)	Total Votes	Issued Share Capital voted (%)
1.   To receive the Annual Report and Financial Statements.	206,025,729	99.99%	19,963	0.01%	10,930	206,045,692	45.01%
2.   To approve the Directors' Remuneration Report.	205,188,651	99.65%	711,573	0.35%	156,398	205,900,224	44.98%
3.   To approve the Directors' Remuneration Policy.	205,740,253	99.92%	164,980	0.08%	151,389	205,905,233	44.98%
4.   To approve a final dividend of 4.5 pence per share.	206,031,360	99.99%	19,963	0.01%	5,299	206,051,323	45.02%
5.   To elect Mrs E Schraner as a Director.	200,226,346	97.19%	5,787,032	2.81%	43,244	206,013,378	45.01%
6.   To re-elect Mr R Brooman as a Director.	184,001,866	89.31%	22,021,254	10.69%	33,502	206,023,120	45.01%
7.   To re-elect Mrs P Junco as a Director.	204,134,307	99.08%	1,888,224	0.92%	34,091	206,022,531	45.01%
8.   To re-elect Mr J Strang as a Director.	201,970,116	98.03%	4,053,005	1.97%	33,501	206,023,121	45.01%
9.   To re-elect Mr G Wakeley as a Director.	204,167,474	99.10%	1,855,647	0.90%	33,501	206,023,121	45.01%
10.  To re-elect Mrs A West as a Director.	204,092,589	99.07%	1,915,532	0.93%	48,501	206,008,121	45.01%
11.  To re-appoint Grant Thornton UK LLP as Auditor of the Company.	200,118,852	99.54%	919,377	0.46%	5,018,393	201,038,229	43.92%
12.  To authorise the Directors to determine the remuneration of the Auditor.	205,166,683	99.58%	869,260	0.42%	20,679	206,035,943	45.01%
13.  To authorise the Directors  to allot Ordinary shares.	205,918,745	99.94%	133,243	0.06%	4,634	206,051,988	45.02%
14.  To approve the revised investment policy.	200,994,779	99.98%	42,285	0.02%	5,019,558	201,037,064	43.92%
15.  To dis-apply pre-emption rights.*	205,706,097	99.85%	304,115	0.15%	46,410	206,010,212	45.01%
16.  To authorise the Company to make market purchases of Ordinary shares of the Company. *	205,827,538	99.89%	223,423	0.11%	5,661	206,050,961	45.02%
17.  To approve the increase on the limit of Directors' fees in Article 106 of Articles of Association from £450,000 to £480,000	205,739,612	99.88%	245,854	0.12%	71,156	205,985,466	45.00%

 *special resolution

NOTES:
1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
5.	The number of shares in issue on 16 May 2023 was 457,728,500 ordinary shares, carrying one vote each, and at that time, the Company did not hold any shares in treasury.
6.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.hgcapitaltrust.com
7.	In accordance with listing rule 9.6.2R, a copy of resolutions 13-17 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

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