Result of AGM

RNS Number : 6400F

Standard Life Private Eqty Trst PLC

22 March 2022

 

STANDARD LIFE PRIVATE EQUITY TRUST PLC

Legal Entity Identifier (LEI): 2138004MK7VPTZ99EV13

22 March 2022

Result of Annual General Meeting

Standard Life Private Equity Trust plc announces that, at the Annual General Meeting held today, all resolutions were duly passed on a show of hands. The proxy votes received in respect of the resolutions proposed at the meeting are shown in the table below:

	For and Discretionary		Against		Votes	Total Votes
Resolution Number	No. of Votes	% of Votes Cast	No. of Votes	% of Votes Cast	Withheld	(excluding Votes Withheld)
1.  Receive the Annual Report and Financial Statements	109,488,763	100.00%	2,363	0.00%	11,772	109,491,126
2.   Approve the Directors' Remuneration Policy	109,312,494	99.88%	132,091	0.12%	58,312	109,444,585
3.  Approve the Directors' Remuneration Report	109,324,664	99.88%	127,247	0.12%	50,987	109,451,911
4.   Approve the Dividend Policy	109,481,736	100.00%	594	0.00%	20,569	109,482,330
5.  Elect Mr Agble	109,395,324	99.95%	58,922	0.05%	48,652	109,454,246
6.   Re-elect Mr Devine	109,415,160	99.97%	37,878	0.03%	49,859	109,453,038
7.   Re-elect Ms Seymour-Williams	109,413,746	99.96%	39,264	0.04%	49,888	109,453,010
8.   Elect Ms Stillhart	109,392,701	99.94%	61,604	0.06%	48,592	109,454,305
9.   Re-elect Mr Thomson	109,335,703	99.90%	109,054	0.10%	58,141	109,444,757
10.   Re-appoint BDO LLP as Auditor	109,423,966	99.96%	47,023	0.04%	31,909	109,470,989
11.   Remuneration of the Auditor	109,455,206	99.99%	11,544	0.01%	30,681	109,466,750
12.   Allotment of new equity	109,412,632	99.93%	72,318	0.07%	17,947	109,484,950
13.   Disapply  pre-emption rights	109,345,572	99.89%	119,847	0.11%	37,479	109,465,419
14.   Authorise market purchases of ordinary shares	107,295,750	98.00%	2,191,188	2.00%	15,959	109,486,938
15.   Approve holding meetings on less than 14 days' notice	109,227,395	99.76%	260,590	0.24%	14,913	109,487,985
16.  Change the Company's name to abrdn Private Equity Opportunities Trust plc	109,071,964	99.63%	410,252	0.37%	20,682	109,482,216

As previously announced, Christina McComb retired from the Board and as Chair of the Company at the conclusion of the AGM.  Alan Devine succeeded Ms McComb as Chair and Calum Thomson was appointed as the Senior Independent Director.

In relation to Resolution 16, to change the name of the Company to "abrdn Private Equity Opportunities Trust plc", the Company will submit the appropriate documentation to Companies House and anticipates that the change of name will be effective within the next few days. A further announcement will be made by the Company at that time.

The Manager's presentation is available on the Company's website.

The full text of the resolutions can be found in the Notice of Annual General Meeting set out in the Annual Report and Financial Statements for the year ended 30 September 2021, as previously submitted to the National Storage Mechanism.   

Under listing rule 9.6.2 a copy of the resolutions has been submitted to the National Storage Mechanism, and will shortly be made available for inspection at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism  

* Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

For Standard Life Private Equity Trust plc

Aberdeen Asset Management PLC

Company Secretary

22 March 2022

 

END

 

 

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