Result of AGM

RNS Number : 1047Q

Polar Capital Technology Trust PLC

28 July 2010

 



Polar Capital Technology Trust Plc - 28 July 2010

Results of Annual General Meeting held on 28 July 2010

AGM Results

Polar Capital Technology Trust plc (the "Company") announces that at the Annual General Meeting held earlier today that all the resolutions were passed on a show of hands including resolutions to

§ continue the life of the company for a further five years;

§ adopt new Articles of Association and

§ permit the Company to make market purchases of its own shares and issue new shares.

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 shares in issue at the date of the AGM was 126,497,914.

Resolution		In favour (including votes at the chairman's discretion)		Against		Withheld
No		No.	%.	No.	%	No.
1	To receive the directors' report and the accounts for the year ended 30 April 2010	45,146,180	99.4	26,765	0.6	71,395
2	To approve the directors' remuneration report for the year ended 30 April  2010	44,978,715	99.7	145,096	0.3	120,529
3	To re-appoint  Mr. Wakeling as a director	44,562,120	98.7	593,815	1.3	88,405
4	To re-appoint Mr. Dicks as a director	44,526,334	98.6	628,183	1.4	89,823
5	To re-appoint Mr. Ashford-Russell as a director	44,669,900	99.1	398,966	0.9	175,474
6	To re-appoint Mr. Moule as a director	44,944,000	99.5	209,732	0.5	90,608
7	To re-appoint Mr. Montagu as a director	44,946,478	99.5	206,961	0.5	90,901
8	To re-appoint PricewaterhouseCoopers  LLP as auditors	44,613,742	98.8	536,750	1.2	93,848
9	To authorise the directors to agree the auditors' remuneration	44,919,918	99.7	134,604	.03	189,818
10	To continue the life of the company for a  further five years	45,199,402	99.9	7,005	0.1	37,933
11	To authorise the allotment of unissued shares	45,057,474	99.7	117,468	0.3	69,398
12	To authorise the allotment of shares on a non pre-emptive basis	44,915,742	99.6	170,400	0.4	158,198
13	To grant the company authority to make market purchases of its own shares	45,109,145	99.9	57,029	0.1	78,166
14	To adopt new Articles of Association	45,066,887	99.9	37,809	0.8	139,644

In accordance with Listing Rule 9.6.2, copies of resolutions 10 and 14, being the resolutions passed at the annual general meeting other than those concerning ordinary business, have been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS

Tel. No: [phone]

(Documents will normally be available for inspection within six normal business hours of this notice being given).

All of the resolutions proposed at the annual general meeting are set out in the AGM circular available on Polar Capital Technology Trust's website at www.polarcapitaltechnologytrust.co.uk

 

END

 

 

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