Result of AGM

RNS Number : 9202T

Martin Currie Global Portfolio Tst

23 July 2020

 

Martin Currie Global Portfolio Trust plc

Legal Entity Identifier: 549300RKB85NFVSTBM94

Results of Annual General Meeting

The Annual General Meeting of the Company was held at 12:30pm today, 23 July 2020.  The Chairman announced:

" I would like to take this opportunity to announce that, in accordance with the Board tenure policy outlined on page 25 of the Annual Report and Accounts, this will be the last time that I will be standing for re-election as a Director of the Company.  I intend to stand down as Chairman of the Company during the year and retire from the Board.  The Nomination Committee has proposed that Gillian Watson, currently Senior Independent Director, be appointed as the new Chair of the Board following my retirement.  It has been a tremendous privilege to serve as Chairman of the Company and I am confident that Gillian will be an excellent successor."

The Ordinary Resolutions numbered 1 to 12 and the Special Resolutions 13 to 15, as set out in the Notice of Meeting, were passed on a poll.  The total number of proxy votes cast in relation to each Resolution was as follows:

	In Favour		Discretionary		Against		Abstained
Resolution	Votes	%	Votes	%	Votes	%
1  To receive the directors' report and the financial statements for the year ended 31 January 2020	21,028,575	99.74	52,652	0.25	2,202	0.01	21,239
2  To approve the directors' remuneration report for the year ended 31 January 2020	20,982,313	99.67	54,096	0.26	15,609	0.07	52,650
3 To receive and approve the directors' remuneration policy	20,939,082	99.62	54,096	0.26	24,901	0.12	86,588
4  To approve the dividend policy	20,936,046	99.28	52,652	0.25	100,000	0.47	15,970
5  To elect Christopher Metcalfe as a director	20,992,564	99.72	52,652	0.25	5,565	0.03	53,887
6  To re-elect Neil Gaskell as a director	20,998,162	99.69	52,652	0.25	11,758	0.06	42,096
7 To re-elect Marian Glen as a director	20,994,311	99.69	52,652	0.25	11,758	0.06	45,947
8  To re-elect Gary Le Sueur as a director	20,986,024	99.68	52,652	0.25	13,852	0.07	52,140
9  To re-elect Gillian Watson as a director	20,996,068	99.68	52,652	0.25	,13852	0.07	42,096
10  To re-appoint Ernst & Young LLP as auditors	20,985,696	99.64	52,652	0.25	24,035	0.11	42,285
11  To authorise the directors to fix the remuneration of the auditors for the year ending 31 January 2020	20,994,738	99.58	79,222	0.38	9,416	0.04	21,292
12  To give authority to allot shares	20,749,977	98.45	88,782	0.42	237,951	1.13	27,958
13  To give authority for share buybacks	20,807,854	98.72	100,262	0.48	168,216	0.80	28,335
14  To give authority to disapply pre-emption rights	19,011,118	90.31	100,888	0.48	1,938,487	9.21	54,174
15  To give authority for general meetings to be held on 14 clear days' notice	20,541,274	97.40	73,692	0.35	475,267	2.25	14,435

The full text of the resolutions can be found in the Notice of Meeting set out in the Annual Report and Accounts for the year ended 31 March 2020, copies of which are available on the Company's website www.martincurrieglobal.com  

Copies of the special resolutions have been submitted to the National Storage Mechanism and will shortly be available for inspection.

Martin Currie Investment Management Limited.  Telephone - 0131 229 4697

 

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