Pacific Assets Trust plc

Results of the Annual General Meeting Held on Tuesday, 9 July 2024

The Board is pleased to announce that at the Annual General Meeting (AGM) held on Tuesday, 9 July 2024, all resolutions as detailed below were duly passed by shareholders on a poll.  The results of the poll are shown below:

  Resolutions       Votes For  %       Votes   %     Total Votes VotesWithheld
                                       Against       Cast

  Ordinary
  Resolutions

    1. To receive
       the Report
       of the
       Directors
       and the
       financial
       statements   45,323,469 100.00% 870     0.00% 45,324,339  12,243
       for the year
       ended 31
       January 2024
       and the
       Auditor’s
       Report
       thereon.
    1. To approve
       the
       Directors’
       Remuneration 45,229,586 99.87%  59,592  0.13% 45,289,178  47,404
       Report for
       the year
       ended 31
       January
       2024.
    1. To approve
       payment of a
       final
       dividend of
       4.0p per     45,335,712 100.00% 870     0.00% 45,336,582  0
       share for
       the year
       ended 31
       January
       2024.
    1. To re-elect
       Sian Hansen  45,290,581 99.98%  8,246   0.02% 45,298,827  37,755
       as a
       Director.
    1. To re-elect
       Andrew Impey 45,273,481 99.95%  21,378  0.05% 45,294,859  41,723
       as a
       Director.
    1. To elect
       Nandita      45,284,519 99.99%  6,340   0.01% 45,290,859  45,723
       Sahgal as a
       Director.
    1. To re-elect
       Robert       45,127,389 99.63%  167,470 0.37% 45,294,859  41,723
       Talbut as a
       Director.
    1. To re-elect
       Edward       45,275,453 99.96%  19,406  0.04% 45,294,859  41,723
       Troughton as
       a Director.
    1. To
       re-appoint   45,303,374 99.96%  17,613  0.04% 45,320,987  15,595
       BDO LLP as
       Auditor.
    1. To authorise
       the Audit
       Committee to
       determine    45,318,054 99.99%  2,847   0.01% 45,320,901  15,681
       the
       remuneration
       of the
       Auditor.
  11. To authorise
  the Directors to
  allot shares up
  to an amount      45,307,096 99.96%  19,556  0.04% 45,326,652  9,930
  representing 10%
  of the issued
  share capital of
  the Company.

  12#. To disapply
  the pre-emption
  rights in
  relation to the
  allotment of
  shares up to an   45,251,781 99.85%  69,761  0.15% 45,321,542  15,040
  amount
  representing 10%
  of the issued
  share capital of
  the Company.

  13#. To authorise
  the Company to
  make market       45,292,742 99.90%  43,840  0.10% 45,336,582  0
  purchases of the
  Company’s
  ordinary shares.

  14#. To authorise
  the Directors to
  call general
  meetings (other   45,224,436 99.80%  89,623  0.20% 45,314,059  22,523
  than the AGM) on
  not less than 14
  clear days’
  notice.

# - Special Resolution

Any proxy votes which are at the discretion of the Chair have been included in the "for" total. A vote withheld is not a vote in law and is not counted in the calculations of votes cast by proxy.

At the date of the AGM the total number of Ordinary shares of 12.5p each in issue and the total number of voting rights was 120,958,386.

The poll results will shortly also be available on the Company’s website at www.pacific-assets.co.uk    

In accordance with Listing Rule 9.6.2, the full text of the resolutions passed has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism . Resolutions 11 to 14 will also be filed at Companies House.

9 July 2024

        Katherine Manson Frostrow Capital LLP – Company Secretary 020 3709 8734