Result of AGM

RNS Number : 4155J

Graphite Enterprise Trust PLC

11 June 2014

 

GRAPHITE ENTERPRISE TRUST PLC ("the Company")

RESULTS OF ANNUAL GENERAL MEETING

The Company is pleased to announce that at the Annual General Meeting held on 11 June 2014 all resolutions were passed on a show of hands.

Resolutions 1 to 11 related to Ordinary Business. Resolutions 12 to 14 related to Special Business, as set out below:

Resolution 12: To authorise the Directors to allot either new shares or shares held in treasury for cash, disapplying pre-emption rights.

Resolution 13: To authorise the Directors pursuant to Section 701 of the Companies Act 2006 to make market purchases of up to 14.99% of the Company's own Ordinary shares.

Resolution 14: To allow the Company to call a General Meeting with not less than 14 days notice.

Details of the proxy votes in respect of the resolutions passed at the Annual General Meeting received up to 48 hours before the time of the Meeting by the Company's registrar, Computershare, are set out below:

Resolution	For (no. of votes)	Discretion of Chairman (no. of votes)	Discretion of Third Parties (no. of votes)	Against (no. of votes)	Total Votes (no. of votes)	For, or at discretion of Chairman (% of Total Votes)	Abstention (no. of votes)
1. To receive and adopt the reports of the directors and auditors and the Company's accounts	23,087,567	23,089	76	449,912	23,560,644	98.1%	19,880
2. To declare a final dividend of 7.5p and a special dividend of 8.0p	23,494,356	20,236	76	57,206	23,571,874	99.8%	6,475
3. To re-elect P. Dicks as a director	21,993,172	20,236	76	1,480,819	23,494,303	93.7%	53,980
4. To re-elect M. Fane as a director	23,273,998	20,236	76	204,150	23,498,460	99.1%	54,419
5. To re-elect A. Pomfret as a director	23,349,009	20,236	76	114,953	23,484,274	99.5%	65,490
6. To re-elect J.Tigue as a director	23,312,007	29,236	76	125,979	23,467,298	99.5%	73,537
7. To re-appoint the auditors and fix their remuneration	23,217,883	21,381	76	197,824	23,437,164	99.2%	131,900
8. To approve the Remuneration Policy	22,477,166	21,381	76	788,789	23,287,412	96.6%	249,983
9. To approve the Remuneration Report	22,859,121	21,381	76	391,338	23,271,916	98.3%	248,498
10. To approve an increase in the maximum aggregate of fees payable to the directors	22,051,650	19,651	76	1,203,659	23,275,036	94.8%	274,548
11. To give the directors authority to allot shares	23,108,837	30,432	76	284,178	23,423,523	98.8%	96,622
12. To disapply pre-emption rights	23,092,612	18,506	76	331,793	23,442,987	98.6%	105,748
13. To authorise the Company to purchase its own shares	23,228,710	20,236	76	240,990	23,490,012	99.0%	75,354
14. To call a General Meeting with not less than 14 days notice	22,798,601	21,811	76	679,721	23,500,209	97.1%	50,312

Copies of resolutions passed at the Annual General Meeting on 11 June 2014 concerning items other than ordinary business will be submitted to the National Storage Mechanism. These documents will shortly be available for inspection at www.hemscott.com/nsm.do

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