Result of AGM

Schroder AsiaPacific Fund PLC

31 January 2024

 

31 January 2024

Schroder AsiaPacific Fund plc

Results of Annual General Meeting

Schroder AsiaPacific Fund plc ("the Company") announces that at the Annual General Meeting held today, all 15 resolutions were duly passed on a poll.

The full text of the resolutions can be found in the Notice of Annual General Meeting set out in the Annual Report and Accounts for the year ended 30 September 2023, available on the Company's website at  http://www.schroders.co.uk/asiapacific

As set out in the Company's Annual Report for the year ended 30 September 2023, Mr Craig retired from the Board immediately following the Annual General Meeting.

The proxy votes received in respect of the resolutions are set out below:

	Resolution	Votes For (including discretionary)	%	Votes Against	%	Votes total	% of Voting Rights	Votes Withheld
1	To receive the Annual Report and Accounts	90,882,285	99.99%	8,914	0.01%	90,891,199	59.40	15,734
2	To approve the final dividend	90,877,641	99.99%	11,314	0.01%	90,888,955	59.40	17,978
3	To approve the Remuneration Report	90,742,593	99.88%	113,286	0.12%	90,855,879	59.38	51,054
4	To approve the Remuneration Policy	90,711,614	99.85%	140,003	0.15%	90,851,617	59.37	55,316
5	To elect Rupert Hogg	90,800,550	99.93%	60,615	0.07%	90,861,165	59.38	45,768
6	To re-elect Julia Goh	90,787,163	99.92%	69,722	0.08%	90,856,885	59.38	50,048
7	To re-elect Vivien Gould	87,960,974	96.81%	2,895,911	3.19%	90,856,885	59.38	50,048
8	To re-elect Martin Porter	90,806,542	99.94%	57,143	0.06%	90,863,685	59.38	43,248
9	To re-elect James Williams	90,764,685	99.92%	74,630	0.08%	90,839,315	59.37	67,618
10	To re-appoint Ernst & Young  LLP as auditor	90,745,054	99.88%	106,279	0.12%	90,851,333	59.37	55,600
11	To approve the auditor's remuneration	90,830,196	99.97%	27,982	0.03%	90,858,178	59.38	48,755
12	To renew the authority to allot shares	90,786,106	99.91%	83,942	0.09%	90,870,048	59.39	36,885
13*	To approve the disapplication of pre-emption rights	90,659,037	99.80%	183,516	0.20%	90,842,553	59.37	64,380
14*	To renew the authority to purchase own shares	90,816,005	99.92%	70,022	0.08%	90,886,027	59.40	20,906
15*	To approve a general meeting, other than an Annual General Meeting, may be called on not less than 14 clear days' notice*	90,643,880	99.75%	222,897	0.25%	90,866,777	59.38	40,156

*Resolutions 13,14 and 15 were passed as special resolutions. Copies of resolutions 12, 13, 14 and 15 will be filed at Companies House.

In accordance with Listing Rule 9.6.2, a copy of the resolutions passed as special business will shortly be submitted to the National Storage Mechanism, and available for inspection at National Storage Mechanism | FCA.

The proxy votes lodged with the Registrar will shortly be available via the Company's website at: http://www.schroders.co.uk/asiapacific

The total number of ordinary shares of 10 pence each in issue at the date of this announcement is 152,838,216.  The total number of ordinary shares with voting rights, at the date of this announcement, is 152,838,216.

Shareholders are entitled to one vote per share. Votes withheld are not a vote in law and are therefore not counted in the calculation of the percentages of the votes cast for and against a resolution. Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and their shares have been included in the "votes for" column.

   

Enquiries:

Kerry Higgins

Schroder Investment Management Limited                                        

0207 6586189

 

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