Result of AGM

RNS Number : 7690G

BMO Global Smaller Companies PLC

25 July 2019

 

BMO Global Smaller Companies PLC

LEI: 2138008RRULYQP8VP386

Results of Annual General Meeting held on 25 July 2019  


At the Company's AGM held on 25 July 2019 all resolutions were passed, including those detailed below:

●          An ordinary resolution renewing the Directors' general authority to allot shares up to an aggregate nominal amount of £1,501,850 being equivalent to approximately 10% of the Company's issued share capital (excluding treasury shares).  This authority will expire at the conclusion of the next AGM of the Company in 2020 or on the expiry of 15 months from the passing of the resolution (whichever is earlier) unless previously revoked, varied or extended.

●          A special resolution renewing the Directors' authority to allot shares and to sell treasury shares on a non-pre-emptive basis up to an aggregate nominal amount of £1,501,850 being equivalent to approximately 10% of the Company's issued share capital (excluding treasury shares).  This authority will expire at the conclusion of the next AGM of the Company in 2020 or on the expiry of 15 months from the passing of the resolution (whichever is earlier) unless previously revoked, varied or extended.

●          A special resolution renewing the Directors' authority to make market purchases of up to 9,005,100 ordinary shares of 25p (or 90,051,000 New Shares of 2.5p following the Share Split set out in Resolution 12 becoming effective) being equivalent to approximately 14.99% of the Company's issued share capital (excluding treasury shares).  This authority will expire at the conclusion of the next AGM of the Company in 2020 or on the expiry of 15 months from the passing of this resolution (whichever is earlier) unless previously revoked, varied or extended. 

·              An ordinary resolution proposing that each of the ordinary shares of 25p each in the capital of the Company be sub-divided into 10 ordinary shares of 2.5 pence each (the "New Shares"), the New Shares having the rights and being subject to the restrictions set out in the articles of association of the Company, provided that such sub-division is conditional on, and shall take effect on, admission of the New Shares to the Official List of the FCA and to trading on the Main Market of the London Stock Exchange by 8.00 a.m. on 31 October 2019 (or such other time and/or date as the Directors of the Company may in their absolute discretion determine.

The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report and Accounts which is available for viewing at the National Storage Mechanism at www.morningstar.co.uk/uk/nsm or on the Company's website www.bmoglobalsmallers.com

A copy of the Fund Manager's presentation and a summary of proxy votes received will shortly be available on the Company's website www.bmoglobalsmallers.com

Name of contact and telephone number for enquiries:

Jan Baker  

For and on behalf of BMO Investment Business Limited, Secretary

020 7628 8000

25 July 2019    

 

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