Result of AGM

RNS Number : 0735W

Herald Investment Trust PLC

20 April 2021

 

HERALD INVESTMENT TRUST PLC

LEI: 213800U7G1ROCTJYRR70

Result of AGM

Herald Investment Trust plc (the "Company") is pleased to announce that Resolutions 1 to 2 and 4 to 12 put forward at its Annual General Meeting ("AGM") held earlier today were passed. Every resolution put forward passed with in excess of 96% of votes cast being cast in favour. Resolution 3, being the re-election of Ian Russell who resigned from the Board on 1 March 2021, was retracted prior to the AGM.

As announced on the 26 February 2021, in response to the COVID-19 crisis and UK Government stay at home measures and restrictions on public gatherings, the Annual General Meeting was a closed meeting with shareholders voting in advance by proxy.

The text of all the resolutions is contained in the notice of meeting in the Company's Annual Report for the year ended 31 December 2020.

The proxy votes received were as follows:

Resolution		In favour/ Discretionary**		Against		Withheld
1	To receive and adopt the directors' report, the Annual Report for the year ended 31 December 2020.	33,469,579	99.99%	1,402	0.01%	82
2	To approve the directors' remuneration report for the year ended 31 December 2020.	33,430,087	99.90%	34,490	0.10%	6,486
3	Retracted	N/A	N/A	N/A	N/A	N/A
4	To re-elect Stephanie Eastment.	33,457,329	99.97%	6,496	0.02%	6,928
5	To re-elect Tom Black.	33,239,433	99.32%	224,021	0.67%	7,299
6	To re-elect Karl Sternberg.	33,177,489	99.14%	285,965	0.85%	7,299
7	To re-elect James Will.	33,456,640	99.97%	6,814	0.02%	7,299
8	To re-elect Henrietta Marsh.	33,457,329	99.97%	6,496	0.02%	6,928
9	To re-appoint PricewaterhouseCoopers LLP as independent auditor to the Company .	32,208,957	96.27%	1,249,138	3.73%	12,968
10	To authorise the audit committee to determine the remuneration of the independent auditor.	33,464,607	99.98%	5,546	0.02%	910
11	To authorise the Company to repurchase its shares.*	33,465,434	99.99%	1,904	0.01%	3,725
12	That a general meeting be called on not less than 14 clear days' notice.*	33,333,180	99.59%	136,651	0.41%	1,232

*Special resolutions

** Chairman's discretionary votes included

On the record date for voting at the meeting, the Company's issued share capital was 65,036,519 ordinary shares, therefore, the total number of ordinary shares with voting rights in the Company was 65,036,519.

Copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at:  https://data.fca.org.uk/#/nsm/nationalstoragemechanism

20 April 2021

Enquiries

PraxisIFM Fund Services (UK) Limited

Brian Smith/ Jenny Thompson  02045139266

Company Secretary

 

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