Result of AGM

RNS Number : 9520M

Witan Investment Trust PLC

02 May 2018

 

WITAN INVESTMENT TRUST PLC

2 MAY 2018

Annual General Meeting Held On Wednesday 2 MAY 2018

Witan Investment Trust plc ('the Company') hereby gives notification that, at the Annual General Meeting of the Company held on Wednesday 2 May 2018, all the resolutions, as set out in full in the notice of meeting dated 14 March 2018, were duly passed.  The resolutions in respect of special business were duly passed as follows:

1. That the Directors be authorised to allot relevant securities.

2. That the Directors be authorised to disapply pre-emption rights on the allotment or sale from treasury of equity securities up to a nominal amount of £4,455,844.

3. That the Company be authorised to make market purchases of its own ordinary shares up to a maximum of 26,717,240 ordinary shares (being 14.99% of the ordinary shares).

4. That the Company be authorised to make market purchases of its own preference shares up to a maximum of 2,055,000 of the 3.4% cumulative preferences shares and 500,000 of the 2.7 cumulative preference shares (being 100% of the preference shares).

5. That any General Meeting of the Company (other than the Annual General Meeting) may be called on not less than 14 clear days' notice.

A copy of the full text of the resolutions in respect of special business passed at the Annual General Meeting has been lodged with the National Storage Mechanism and will shortly be available for viewing at www.hemscott.com/nsm.do.

As stated in the Notice of Meeting, Robert Boyle and Catherine Claydon retired from the Board at the end of the Meeting.  Jack Perry has been appointed as Chairman of the Audit Committee and Richard Oldfield as Chairman of the Remuneration and Nomination Committee. 

-  ENDS -

For further information please contact:

Andrew Bell

Chief Executive Officer

Witan Investment Trust plc

Telephone:  [phone]

 

END

 

 

RAGATMRTMBIMBJP