Result of AGM

RNS Number : 7156L

Polar Capital Global Financials Tst

29 April 2015

 

Polar Capital Global Financials Trust plc ("the Company")

Results of the 2nd Annual General Meeting held at 12.00pm on Wednesday 29 April 2015

AGM Presentation

A presentation on the investment performance of the Company was given by Mr. Nick Brind, covering the portfolio and markets and including information on the portfolio as at 31 March 2015. A copy of this presentation will be available from the Company's website: www.polarcapitalglobalfinancialstrust.co.uk 

AGM Results

All the resolutions proposed at the Annual General Meeting of the Company were passed unanimously on a show of hands.

The following table indicates the number of proxy votes lodged in advance of the meeting for each of the resolutions. It should be noted that votes withheld do not constitute votes in law.

The number of ordinary shares in issue at the date of the AGM was 173,700,000.

In accordance with Listing Rule 9.6.2, copies of resolutions 6, 7, 8, 9  having been passed as special resolutions will be submitted to Companies House, as well as the National Storage Mechanism, and will shortly be available for inspection at www.Hemscott.com/nsm.do 

All of the resolutions proposed at the annual general meeting are set out in the AGM Notice of Meeting which is available on the Company's website at: www.polarcapitalglobalfinancialstrust.com.

Resolution		In favour (including votes at the chairman's discretion)	Against	Withheld
No		Number of shares	Number of shares	Number of shares
1	To receive the Annual Report and the Financial Statements for the year ended 30 November 2014	48,318,511	36,792	0
2	To receive and approve the Directors' remuneration Implementation Report	48,351,408	3,895	0
3	To re-appoint PricewaterhouseCoopers LLC as auditors	48,354,303	1,000	0
4	To authorise the Directors to determine the auditors' remuneration	48,355,303	0	0
5	To authorise the allotment of ordinary shares	48,355,303	0	0
6	To disapply pre-emption rights	48,354,303	1,000	0
7	To grant the Company authority to buy back its own ordinary shares	48,355,303	0	0
8	To grant the Company authority to buy back its own subscription shares	48,352,408	0	2,895
9	To approve new Articles of Association	48,289,861	62,547	2,895

Enquiries:

S E Allen

Polar Capital Global Financials Trust PLC

020 7227 2700

29 April 2015

END

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

 

END

 

 

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