Result of AGM
Capital Gearing Trust p.l.c (the 'Company')
Results of the Annual General Meeting
The Annual General Meeting (the `Meeting') of the Company was held on Tuesday,
5 July 2011 at 11.00am. At the Meeting the ordinary and special resolutions set
out in the notice of the Meeting were proposed and passed on a show of hands.
It was also reported at the Meeting that the unaudited Net Asset Value per
share, including income, on 30 June 2011 was £27.59.
The proxy voting figures are shown below. A total of 416,594 shares
(representing 14.3% of the shares of the Company in issue at the date of the
Meeting) were voted by proxy.
No. Resolution
ORDINARY BUSINESS
1 To receive and consider the Report and Accounts for the year ended 5
April 2011
Votes for/ 416,594
discretionary
Votes against 0
Total votes cast 416,594
Votes withheld 0
Poll No
2 To approve the Directors' Remuneration Report for the year ended 5 April
2011
Votes for/ 416,594
discretionary
Votes against 0
Total votes cast 416,594
Votes withheld 0
Poll No
3 To declare a final dividend for the year ended 5 April 2011
Votes for/ 416,594
discretionary
Votes against 0
Total votes cast 416,594
Votes withheld 0
Poll No
4 To re-elect Mr T R Pattison as a Director of the Company
Votes for/ 416,594
discretionary
Votes against 0
Total votes cast 416,594
Votes withheld 0
Poll No
5 To re-elect Mr R P A Spiller as a Director of the Company
Votes for/ 416,594
discretionary
Votes against 0
Total votes cast 416,594
Votes withheld 0
Poll No
6 To re-elect Mr E G Meek as a Director of the Company
Votes for/ 416,594
discretionary
Votes against 0
Total votes cast 416,594
Votes withheld 0
Poll No
7 To re-appoint PricewaterhouseCoopers LLP as Auditors to the Company
Votes for/ 415,994
discretionary
Votes against 600
Total votes cast 416,594
Votes withheld 0
Poll No
8 To authorise the Directors to determine the Auditors' remuneration
Votes for/ 416,594
discretionary
Votes against 0
Total votes cast 416,594
Votes withheld 0
Poll No
SPECIAL BUSINESS
ORDINARY RESOLUTION
9 To authorise the Directors to allot Ordinary Shares
Votes for/ 416,594
discretionary
Votes against 0
Total votes cast 416,594
Votes withheld 0
Poll No
SPECIAL RESOLUTIONS
10 To authorise the Directors to allot Ordinary Shares on a non pre-emptive
basis
Votes for/ 415,994
discretionary
Votes against 600
Total votes cast 416,594
Votes withheld 0
Poll No
11 To authorise the Company to make market purchases of its own Ordinary
Shares
Votes for/ 414,594
discretionary
Votes against 2,000
Total votes cast 416,594
Votes withheld 0
Poll No
12 To authorise the calling of general meetings, other than annual general
meetings, on not less than 14 clear days' notice
Votes for/ 414,594
discretionary
Votes against 600
Total votes cast 415,194
Votes withheld 1,400
Poll No
Note: Any proxy votes which are at the discretion of the Chairman have been
included in the "for" total. A vote withheld is not a vote in law and is not
counted in the votes for or against a resolution.
At the date of the Meeting the total number of Ordinary Shares of 25p each in
issue and the total number of voting rights was 2,919,906.
The proxy voting figures will shortly also be available on the Company's
website at www.capitalgearingtrust.com
In accordance with Listing Rule 9.6.2, a copy of the full text of the special
business resolutions passed has been submitted to the National Storage
Mechanism and will shortly be available for inspection at:
www.Hemscott.com/nsm.do
Disclaimer: Neither the contents of the Company's website nor the contents of
any website accessible from hyperlinks on the Company's website (or any other
website) is incorporated into, or forms part of, this announcement.
Enquiries
Keith Hawkins
TMF Corporate Secretarial Services Ltd
Email: company.secretary@capitalgearingtrust.com
5 July 2011
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