North Atlantic Smaller Companies Investment Trust PLC
("NASCIT", "the Company")
Result of Annual General Meeting
The Company announces that at the Annual General Meeting (the "Meeting") of the Company held on 27 June 2024, all of the resolutions, as set out in full in the notice of the Meeting dated 3 June 2024 (the "Notice"), were duly passed as set below:
Total votes received (including proxy and poll votes):
| Resolution | For | % (of votes cast exl. withheld) | Against | % (of votes cast exl. withheld | Votes Withheld |
| 1 | 7,677,097 | 99.99 | 1,000 | 0.01 | 0 |
| 2 | 7,641,904 | 99.94 | 4,326 | 0.06 | 31,867 |
| 3 | 7,640,904 | 99.53 | 36,143 | 0.47 | 1,050 |
| 4 | 7,416,873 | 96.60 | 261,224 | 3.40 | 0 |
| 5 | 7,573,172 | 98.63 | 104,875 | 1.37 | 50 |
| 6 | 7,589,715 | 98.85 | 88,122 | 1.15 | 260 |
| 7 | 7,587,659 | 98.84 | 89,388 | 1.16 | 1,050 |
| 8 | 6,822,319 | 93.43 | 479,657 | 6.57 | 376,121 |
| 9 | 7,589,026 | 98.86 | 87,261 | 1.14 | 1,810 |
| 10 | 7,621,653 | 99.27 | 56,184 | 0.73 | 260 |
| 11 | 7,675,408 | 99.97 | 2,479 | 0.03 | 210 |
| 12 | 7,673,990 | 99.95 | 4,107 | 0.05 | 0 |
| 13 | 7,640,041 | 99.52 | 37,079 | 0.48 | 977 |
| 14 | 7,630,626 | 99.27% | 56,410 | 0.73% | 3,100 |
| 15 | 7,595,174 | 98.77% | 94,962 | 1.23% | 0 |
| 16 | 7,677,730 | 99.84% | 12,406 | 0.16% | 0 |
| 17* | 2,821,178 | 80.06% | 702,794 | 19.94% | 4,166,164 |
* Resolution 17 was put to the Meeting as a resolution of the independent shareholders of the Company. As a result, 9,216,126 of the ordinary shares in issue were eligible to vote on this resolution, these shares not being held by the Concert Party (as defined in the Notice). The waiver of Rule 9 granted by Resolution 17 permits the Concert Party's interest in the Company's shares to increase from 31.132% to a maximum of 34.591% (in each case representing 4,166,164 ordinary shares) as a result of the share buyback authorised by Resolution 15 without requiring the Concert Party to make a mandatory offer for the other shareholders' shares. The results of the poll vote on this Resolution 17 were 2,821,178 votes for, 702,794 against, therefore with 80.06% in favour of the resolution.
Enquiries:
SGH Company Secretaries Limited, Company Secretary
0207 264 4444
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