Result of AGM

Schroder BSC Social Impact Trust

18 December 2024

 

Annual General Meeting

Schroder BSC Social Impact Trust plc (the "Company") announces that at the Annual General Meeting held today, 18 December 2024, all 14 resolutions were duly passed on a poll.

The full text of the resolutions can be found in the Notice of Annual General Meeting set out in the Annual Report and Accounts for the year ended 30 June 2024, which has previously been submitted to the National Storage Mechanism.

Proxy votes received in respect of the resolutions were as follows:

	Resolution	Votes for (including discretionary votes)	%	Votes against	%	Withheld	Total Votes Cast (excludes Votes Withheld)	% of Issued Share Capital voted
1	To receive the Annual Report & Accounts	61,276,543	100.00	0	0.00	0	61,276,543	74.40
2	To authorise the Company's payment of interim dividends	61,274,333	100.00	0	0.00	2,210	61,274,333	74.40
3	To approve Directors' Remuneration report	61,271,337	99.99	5,206	0.01	0	61,276,543	74.40
4	To approve the Directors Remuneration policy	61,267,837	99.99	8,706	0.01	0	61,276,543	74.40
5	To elect Ranjan Ramparia	61,271,833	100.00	1,210	0.00	3,500	61,273,043	74.40
6	To re-elect Susannah Nicklin	61,270,833	100.00	2,210	0.00	3,500	61,273,043	74.40
7	To re-elect James B. Broderick	61,270,833	100.00	2,210	0.00	3,500	61,273,043	74.40
8	To re-elect Alice Chapple	61,271,833	100.00	1,210	0.00	3,500	61,273,043	74.40
9	To re-appoint BDO LLP as auditor to the Company	61,268,837	99.99	6,496	0.01	1,210	61,275,333	74.40
10	To authorise the directors to determine BDO remuneration	61,271,337	99.99	3,996	0.01	1,210	61,275,333	74.40
11	Directors' authority to allot shares (ordinary resolution)	61,275,543	100.00	1,000	0.00	0	61,276,543	74.40
12*	Directors' power to disapply pre-emption rights (special resolution)	61,264,303	99.98	12,240	0.02	0	61,276,543	74.40
13*	Directors' authority to make market purchases of the Company's own shares	61,271,799	99.99	4,744	0.01	0	61,276,543	74.40
14*	To set out notice period for general meetings	61,271,799	99.99	4,744	0.01	0	61,276,543	74.40

*Resolutions 12 to 14 were passed as special resolutions.

Shareholders are entitled to one vote per share. Votes withheld are not a vote in law and are therefore not counted in the calculation of the percentages of the votes cast for and against a resolution. Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and their shares have been included in the "votes for" column.

The total issued share capital consists of 85,316,586 ordinary shares of £0.01 each, which includes 2,956,869 ordinary shares held in treasury. Treasury shares do not carry voting rights, therefore the total number voting rights in the Company is 82,359,717.

In accordance with LR 9.6.2, a copy of the resolutions passed, other than resolutions concerning ordinary business, at today's AGM will be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

END