Result of AGM

RNS Number : 7457Z

Impax Environmental Markets PLC

21 May 2019

 

Result of AGM

Impax Environmental Markets plc (the "Company") is pleased to announce that all of the resolutions put forward at its Annual General Meeting held earlier today were passed. 

Resolution 11, to approve the continuation of the Company as an investment trust, was passed with 100% of votes cast in favour of this resolution. Every resolution achieved more than 99% support.

Details of the number of proxy votes cast for, against and withheld will shortly be published on the Company's website at www.impaxenvironmentalmarkets.co.uk/investor-relations.

The text of all the resolutions is contained in the notice of meeting in the Company's Annual Report for the year ended 31 December 2018.

The proxy votes received were as follows:-

Resolution	In favour/ Discretionary		Against		Withheld
1	94,743,140	100.00%	0	0.00%	6,409,113
2	94,742,052	99.99%	1,088	0.01%	6,409,113
3	94,743,140	100.00%	0	0.00%	6,409,113
4	94,742,781	99.99%	359	0.01%	6,409,113
5	94,746,140	100.00%	0	0.00%	6,409,113
6	94,743,140	100.00%	0	0.00%	6,409,113
7	94,605,281	99.85%	137,859	0.15%	6,409,113
8	93,992,781	99.21%	750,359	0.79%	6,409,113
9	94,742,781	99.99%	359	0.01%	6,409,113
10	94,743,140	100.00%	0	0.00%	6,409,113
11	101,128,488	100.00%	0	0.00%	23,765
12	94,742,781	100.00%	0	0.00%	6,409,472
13	94,742,052	99.99%	729	0.01%	6,409,472
14	94,742,781	99.99%	359	0.01%	6,409,113
15	94,026,025	99.24%	716,756	0.76%	6,409,472

At the time of the above meeting, the Company's issued share capital was 225,737,355 ordinary shares. The Company was holding 40,798,109 of these shares in Treasury.  Therefore, the total number of ordinary shares with voting rights in the Company was 184,939,246.

Speaking at the Company's Annual General Meeting in London today, John Scott, Chairman of Impax Environmental Markets plc, said;

"It is no longer debatable that climate change needs to be tackled and there is increasing scrutiny on the role that investment can play in encouraging better outcomes for our environment. Impax Environmental Markets plc (IEM) targets companies offering cleaner, more efficient products and services across the energy, water, waste, food and agriculture sectors and has done so for more than 17 years. Our long-term record in this area of investment, our clear investment philosophy and our performance makes us stand out. Many of our investors have been with us for a long time and in recent years we have welcomed many new investors to IEM. I would like to thank our shareholders for supporting the resolutions, all of which passed with a minimum of 99% support."

21 May 2019

Enquiries

PraxisIFM Fund Services (UK) Limited

Anthony Lee / Maria Matheou     020 7653 9690

Company Secretary

 

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