Result of AGM

RNS Number : 7880E

HgCapital Trust PLC

10 May 2017

 

HgCapital Trust plc

(the "Company")

10 May 2017

Annual General Meeting ("AGM") Results

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed on a show of hands by the requisite majority.  The proxy votes received in relation to the resolutions were as follows:

Resolution * indicates Special Resolution	For (No. of shares)	For (%)	Against (No. of shares)	Against (%)	Votes Withheld (No. of shares)
1.   To receive the Annual Report and Accounts.	15,985,227	100.00	0	0.00	0
2.   To approve the Directors' Remuneration Report.	15,979,821	99.99	906	0.01	4,500
3.   To approve the Remuneration Policy	15,976,722	99.99	1,237	0.01	7,268
4.   To declare a final dividend.	15,985,227	100.00	0	0.00	0
5.   To re-elect Mr R Brooman as a Director	15,984,381	100.00	0	0.00	846
6.   To re-elect Mr R Mountford as a Director.	15,984,185	100.00	196	0.00	846
7.   To re-elect Mrs A West as a Director.	15,984,381	100.00	0	0.00	846
8.   To appoint Grant Thornton LLP as auditors of the Company.	15,981,613	100.00	0	0.00	3,614
9.   To authorise the Directors to determine the auditors' remuneration.	15,981,613	99.99	846	0.01	2,768
10.  To authorise the Directors to allot ordinary shares.	15,980,251	99.97	4,976	0.03	0
11.  To authorise the Company to purchase its own ordinary shares.*	15,982,459	99.98	2,768	0.02	0
12.  To disapply pre-emption rights.*	15,979,984	99.97	5,243	0.03	0
13.  To disapply pre-emption rights for financing.*	15,980,284	99.97	4,943	0.03	0
14.  To authorise the Directors to hold general meetings on not less than 14 clear days' notice.*	15,775,605	98.69	209,622	1.31	0

*Special Resolution

NOTES:
1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.	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.
5.	The number of shares in issue at 6:00 p.m. on 10 May 2017 was 37,324,698 (the "Share Capital") and at that time, the Company did not hold any shares in treasury.
6.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.hgcapitaltrust.com
7.	A copy of resolutions 10-14 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.

 

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