Result of AGM

AssetCo PLC

24 April 2024

 

24 April 2024

LEI: 213800LFMHKVNTZ7GV45

AssetCo plc ("AssetCo" or the "Company")

Results of Annual General Meeting

AssetCo is pleased to announce that at its Annual General Meeting held earlier today, all resolutions proposed to the meeting were duly passed on a show of hands by the requisite majorities. Resolutions 11, 12 and 13 were passed as special resolutions; all other resolutions were passed as ordinary resolutions. The Board notes the votes cast against a number of the resolutions and will consult with shareholders to discuss their concerns.

Details of the proxy voting instructions lodged prior to the AGM for each resolution (all of which passed on a show of hands) are set out in the table below:

No.	Resolution	For		Against		Total	Withheld
		No. of votes	% of votes	No. of votes	% of votes	No. of votes	No. of votes
1	To receive the Company's audited accounts for the 12 month period ended 30 September 2023, together with the Directors' report, the strategic report and the auditor's report on those accounts.	59,411,308	100	140	0.00	59,411,448	0
2	To re-elect Martin Gilbert as a Director of the Company.	44,869,864	83.58	8,813,450	16.42	53,683,314 `	5,728,134
3	To re-elect Peter McKellar as a Director of the Company.	44,917,264	83.96	7,583,350	16.04	52,500,624	6,910,824
4	To re-elect Tudor Davies as a Director of the Company.	57,596,538	97.23	1,642,490	2.77	59,239,038	172,420
5	To re-elect Christopher Mills as a Director of the Company.	57,768,948	97.24	1,642,490	2.76	59,411,448	0
6	To re-elect Jonathan Dawson as a Director of the Company.	51,914,878	87.64	7,324,150	12.36	59,239,038	172,410
7	To re-elect Gary Marshall as a Director of the Company.	59,258,248	99.74	153,190	0.26	59,411,448	0
8	To re-appoint BDO as auditors	59,369,921	99.93	41,527	0.07	59,411,448	0
9	To authorise the Directors to determine the remuneration of BDO as auditors.	59,235,356	99.99	2,682	0.01	59,239,038	172,410
10	To authorise the Directors to allot equity securities.	44,879,798	75.54	14,531,650	24.46	59,411,448	0
11	To authorise the Directors to disapply pre-emption rights.	44,835,425	75.47	14,576,023	24.53	59,411,448	0
12	To authorise the Company to purchase its own shares.	59,411,428	100	20	0.00	59,411,448	0
13	To authorise the Company to call a general meeting of the Company (other than an AGM) on not less than 14 clear days' notice	59,365,588	99.92	45,860	0.08	59,411,448	0

¹ The number of ordinary shares in issue is 149,292,970. The Company holds 6,818,898 ordinary shares in treasury which attract no voting rights. The total number of voting rights in the Company is 142,474,072. 

² A vote "WITHHELD" is not a vote in law and is not counted in the calculation of the percentage of shares voted "FOR" or "AGAINST" any resolution.

For further information, please contact:

	AssetCo plc Gary Marshall, CFOO Peter McKellar, Director Tel: [phone]		Deutsche Numis Nominated adviser and joint broker Giles Rolls / Charles Farquhar Tel: [phone]
	Panmure Gordon (UK) Limited Joint broker Atholl Tweedie Tel: [phone]		H/Advisors Maitland Neil Bennett Rachel Cohen Tel: [phone]

For further details, visit the website, www.assetco.com

Ticker: AIM: ASTO.L

 

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