WITAN INVESTMENT TRUST PLC
28 APRIL 2021
Annual General Meeting Held On Wednesday 28 APRIL 2021
Witan Investment Trust plc (the 'Company') hereby gives notification that, at the Annual General Meeting of the Company held on Wednesday 28 April 2021, all the resolutions, as set out in full in the notice of meeting dated 26 March 2021, were duly passed on a poll. The resolutions in respect of special business were duly passed as follows:
1. That the dividend policy of the Company as set out in the Annual Report for the year ended 31 December 2020 be approved.
2. That the directors be authorised to allot relevant securities.
3. That the directors be authorised to disapply pre-emption rights on the allotment or sale from treasury of equity securities up to a nominal amount of £3,905,427.
4. That the Company be authorised to make market purchases of its own ordinary shares up to a maximum of 117,084,724 ordinary shares, being 14.99% of the ordinary shares of 5 pence each in issue.
5. That the Company be authorised to make market purchases of its own preference shares up to a maximum of 2,055,000 of the 3.4% cumulative preferences shares and 500,000 of the 2.7% cumulative preference shares (being 100% of the preference shares).
6. That any general meeting of the Company (other than the Annual General Meeting) may be called on not less than 14 clear days' notice.
A copy of the full text of the resolutions in respect of special business passed at the Annual General Meeting will be lodged with the National Storage Mechanism and will be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Tony Watson, non-executive director, retired from the Board at the conclusion of the Annual General Meeting.
The results of the poll were as follows:
|
Resol-ution
|
Description |
Votes For |
Votes Against |
Votes withheld |
Total votes cast (excluding votes withheld) |
|
1 |
To receive the Annual Report for the year ended 31 December 2020
|
192,600,275
|
988
|
124,479
|
192,601,263
|
|
2 |
To receive and approve the Directors' Remuneration Report for the year ended 31 December 2020
|
184,541,404
|
4,843,952
|
3,340,386
|
189,385,356
|
|
3 |
To elect Mrs R A Beagles as a director of the Company |
191,885,734
|
315,465
|
524,543
|
192,201,199
|
|
4 |
To re-elect Mr A J S Ross as a director of the Company
|
190,851,955
|
1,331,068
|
542,719
|
192,183,023
|
|
5 |
To re-elect Mr A L C Bell as a director of the Company
|
190,913,080
|
1,209,597
|
603,065
|
192,122,677
|
|
6 |
To re-elect Mrs G M Boyle as a director of the Company
|
191,934,871
|
326,802
|
464,069
|
192,261,673
|
|
7 |
To re-elect Ms S E G A Neubert as a director of the Company
|
189,980,548
|
2,249,231
|
495,963
|
192,229,779
|
|
8 |
To re-elect Mr J S Perry as a director of the Company
|
191,120,242
|
1,044,660
|
560,840
|
192,164,902
|
|
9 |
To re-elect Mr B C Rogoff as a director of the Company
|
191,843,456
|
347,002
|
535,284
|
192,190,458
|
|
10 |
To re-elect Mr P T Yates as a director of the Company
|
190,863,274
|
1,357,389
|
505,079
|
192,220,663
|
|
11 |
To re-appoint Grant Thornton UK LLP as Statutory Auditor to the Company
|
191,156,826
|
1,028,247
|
540,669
|
192,185,073
|
|
12 |
To authorise the Audit Committee to determine the remuneration of the Statutory Auditor
|
192,158,610
|
345,409
|
221,723
|
192,504,019
|
|
SPECIAL BUSINESS (*Special Resolutions) |
|
|
|
||
|
13 |
To approve the dividend policy of the Company
|
192,476,819
|
57,053
|
157,475
|
192,533,872
|
|
14 |
To authorise the directors to allot relevant securities
|
191,721,685
|
541,928
|
427,734
|
192,263,613
|
|
15 |
*To authorise the directors to allot equity securities for cash and to sell shares held by the Company as treasury shares on a non pre-emptive basis
|
191,137,110
|
1,022,675
|
531,562
|
192,159,785
|
|
16 |
*To authorise the Company to make market purchases of its own ordinary shares
|
191,806,044
|
549,550
|
335,753
|
192,355,594
|
|
17 |
*To authorise the Company to make market purchases of its own preference shares
|
192,039,425
|
312,552
|
339,370
|
192,351,977
|
|
18 |
*That any general meeting of the Company other than the Annual General Meeting may be called on not less than 14 clear days' notice
|
190,074,910
|
2,365,407
|
251,030
|
192,440,317
|
The number of ordinary shares of 5p each in issue as at 6.30 pm on Monday 26 April 2021, the closing date for the receipt of proxies, was 781,535,551 (excluding 218,819,449 shares held in treasury). Each share has one vote. A vote withheld is not counted towards the votes "For" or "Against" a resolution.
- ENDS -
For further information please contact:
Andrew Bell
Chief Executive Officer
Witan Investment Trust plc
Telephone: 020 7227 9770
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