Result of AGM

RNS Number : 5790S

Templeton Emerging Markets IT PLC

09 July 2020

 

Templeton Emerging Markets Investment Trust PLC

Legal Entity Identifier (LEI): 5493002NMTB70RZBXO96

9 July 2020

Result of Annual General Meeting

The Board of Templeton Emerging Markets Investment Trust PLC (the "Company") announces that, at the Annual General Meeting of the Company held on 9 July 2020, all of the following resolutions were passed by the requisite majority.

Resolutions 1 - 12 were passed on a poll. A breakdown of results is shown below.

Resolution	Votes for (including votes at the discretion of the Chairman)	%	Votes Against	%	Total Votes Cast	% of Issued Share Capital Voted	Votes Withheld
Ordinary Resolutions
1. To receive and adopt the Directors' and Auditor's Reports and financial statements for the year ended 31 March 2020.	155,339,725	99.05%	1,483,735	0.95%	156,823,460	65.35	21,022
2. To approve the Directors' Remuneration Policy.	156,547,651	99.88%	192,243	0.12%	156,739,894	65.31	104,588
3. To approve the Directors' Remuneration Report for the year ended 31 March 2020.	156,571,074	99.89%	180,134	0.11%	156,751,208	65.32	93,274
4. To declare a final dividend of 14.00 pence per share for the year ended 31 March 2020.	156,831,962	100.00%	176	0.00%	156,832,138	65.35	12,344
5.1 To re-elect Paul Manduca as a Director.	142,915,293	92.96%	10,821,822	7.04%	153,737,115	64.06	3,107,367
5.2 To re-elect Beatrice Hollond as a Director.	156,287,676	99.68%	505,074	0.32%	156,792,750	65.34	51,732
5.3 To re-elect Charlie Ricketts as a Director.	156,222,918	99.64%	566,123	0.36%	156,789,041	65.33	55,441
5.4 To re-elect David Graham as a Director.	156,287,987	99.68%	504,560	0.32%	156,792,547	65.34	51,935
5.5 To re-elect Simon Jeffreys as a Director.	151,737,060	96.78%	5,051,369	3.22%	156,788,429	65.33	56,053
6. To re- appoint Ernst & Young LLP as auditor of the Company, to act until the conclusion of the next general meeting of the Company at which audited accounts are laid before the members.	156,634,242	99.89%	171,734	0.11%	156,805,976	65.34	38,505
7. To authorise the Directors to determine the auditor's remuneration.	156,734,031	99.96%	61,464	0.04%	156,795,495	65.34	48,987
Special Business - Ordinary Resolution
8. To authorise the Directors to allot shares.	153,916,672	98.15%	2,896,184	1.85%	156,812,856	65.34	31,626
Special Resolutions
9. To disapply pre-emption rights in relation to the allotment of shares by the Directors.	143,408,560	91.88%	12,667,544	8.12%	156,076,104	65.04	768,378
10. To authorise the Company to purchase its own shares.	155,962,175	99.45%	859,853	0.55%	156,822,028	65.35	22,454
11. That the Articles of Association produced to the Meeting and initialled by the Chairman of the Meeting for the purpose of identification be adopted as the new Articles of Association of the Company in substitution for, and to the exclusion of, the existing Articles of Association.	156,641,550	99.90%	152,548	0.10%	156,794,098	65.34	50,384
12. That a general meeting, other than an annual general meeting, may be called on not less than 14 clear days' notice.	155,380,261	99.08%	1,441,162	0.92%	156,821,423	65.35	23,059

The total number of voting rights at the proxy deadline was 239,981,107.

In accordance with Listing Rule 9.6.2, the full text of all resolutions passed as special business have been submitted to the Financial Conduct Authority for publication through the National Storage Mechanism and will shortly be available for inspection at:  https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information please e-mail  [e-mail]  or contact Client Dealer Services at Franklin Templeton on free phone [phone] for overseas investors, or e-mail  [e-mail] .

END OF ANNOUNCEMENT

 

END

 

 

RAGKKCBBBBKDPOK