Result of AGM

RNS Number : 9420Z

Sherborne Investors (Guernsey)C Ltd

26 May 2021

 

26 May 2021

SHERBORNE INVESTORS (GUERNSEY) C LIMITED

Results of Annual General Meeting

The board of Sherborne Investors (Guernsey) C Limited (the "Company") announces that, at the Annual General Meeting of the Company held today, 26 May 2021, all resolutions put to the meeting were approved by shareholders on a show of hands.

Details of the proxy votes lodged are set out below:

Ordinary Resolutions	For	%	Against	%	Withheld
1. To receive and adopt the Financial Statements of the Company for the year ended 31 December 2020	665,679,708	100.00	0	0.00	0
2. To approve the Annual Report on Remuneration	659,934,172	100.00	0	0.00	5,745,536
3. To re-elect Mr T Morgan as a Director	445,653,498	66.95	220,026,210	33.05	0
4. To re-elect Mr T Ash as a Director	451,409,428	67.81	214,270,280	32.19	0
5. To re-elect Mr C Legge as a Director	452,755,860	68.01	212,923,848	31.99	0
6. To re-elect Mr I Brindle as a Director	452,755,860	68.01	212,923,848	31.99	0
7. To re-appoint Deloitte LLP as Auditors of the Company	665,679,708	100.00	0	0.00	0
8. To authorise the Directors to fix the remuneration of the Auditors	665,679,708	100.00	0	0.00	0
Special Resolution
9. To authorise the Company to make market purchases of its own shares	665,679,708	100.00	0	0.00	0

The full text of the resolutions may be found in the Notice of Annual General Meeting dated 5 May 2021 which is available on the Company's website www.sherborneinvestorsguernseyc.com . It has also been submitted to the National Storage Mechanism https://data.fca.org.uk/#/homepage*** .

A copy of the Special Resolution passed at the Annual General Meeting is available on the Company's website www.sherborneinvestorsguernseyc.com and has been submitted to the National Storage Mechanism https://data.fca.org.uk/#/homepage*** .

The views of our shareholders are important and the board notes the views expressed by some shareholders with respect to resolutions 3, 4, 5, and 6, including with respect to the potential independence of the Company's directors due to their participation on the board of another public company affiliated with the manager, Sherborne Investors (Guernsey) B Limited ("SIGB").  It is expected that SIGB will be wound down by the end of 2021, as a result of which these concerns will have been addressed. The board will engage with shareholders to understand the reasons behind this result.

*  Includes discretionary votes received

**  A vote withheld is not a vote in law and is not counted in the proportion of votes 'for' or 'against' a  resolution

***  Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement

-Ends-

Enquiries: 

FTI Consulting                                                                                                                          [phone]

Jonathon Brill

James Styles

Numis Securities Limited (Broker)      [phone]

David Benda

Nathan Brown

Sherborne Investors (Guernsey) C Limited              [phone]

Talmai Morgan (Chairman)

Nick Robilliard (Apex, Company Secretary)

 

END

 

 

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