Mid Wynd International Investment Trust Plc - Result of AGM

PR Newswire

Mid Wynd International Investment Trust plc (`the Company')

Legal Entity Identifier: 549300D32517C2M3A561

 

Result of Annual General Meeting

 

Following the Annual General Meeting ('AGM') of the Company, held on 23 October 2024, the Board is pleased to announce that all ordinary and special resolutions were duly passed.

 

A copy of the Company's Annual Report & Accounts for the year ended 30 June 2024, which contains the full text of the resolutions in the Notice of Annual General Meeting is available for viewing at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website at www.midwynd.com.

 

Valid proxy votes received were as follows:

 

 

Resolution

Total votes for/discretion

%

Total votes against

%

Total votes (exc. votes withheld)

Total votes withheld

 

Ordinary Resolutions

 

 

 

 

 

 

1

To receive and adopt the Annual Financial Report of the Company for the financial year ended 30 June 2024 together with the Report of the Directors.

9,108,177

100.00

0

0.00

9,108,177

 

4,088

 

2

To approve the Directors' Remuneration Report for the year ended 30 June 2024.

8,984,025

 

98.98

 

92,544

1.02

9,076,569

 

35,696

 

3

To approve a final dividend of 4.15 pence per ordinary share for the year ended 30 June 2024.

9,108,827

100.00

0

0.00

9,108,827

 

3,438

 

4

To re-elect Hamish Baillie as a Director of the Company.

9,077,354

 

99.76

22,011

0.24

9,099,365

 

12,900

 

5

To re-elect Diana Dyer Bartlett as a Director of the Company.

9,073,237

 

99.72

25,687

0.28

9,098,924

 

13,341

 

6

To re-elect David Kidd as a Director of the Company.

9,065,846

 

99.72

25,461

0.28

9,091,307

 

20,958

 

7

To re-elect Alan Scott as a Director of the Company.

8,173,183

 

89.90

918,124

10.10

9,091,307

 

20,958

 

8

To re-appoint Johnston Carmichael LLP as Auditor of the Company to hold office from the conclusion of the next meeting at which the financial statements are laid before the Company.

9,097,477

 

99.89

9,947

0.11

9,107,424

 

4,841

 

9

To authorise the Directors to determine the remuneration of the Auditor.

9,102,352

 

99.95

4,937

0.05

9,107,289

 

4,976

 

10

To authorise the Directors to allot ordinary shares pursuant to section 551 of the Companies Act 2006, up to an aggregate nominal value of £801,611.

9,023,910

 

99.22

70,499

0.78

9,094,409

 

17,856

 

 

Special Resolutions

 

 

 

 

 

 

11

To authorise the Directors to make market purchases of up to 14.99 per cent of the issued share capital, in accordance with the conditions set out in the resolution.

8,260,254

 

90.74

843,408

9.26

9,103,662

 

8,603

 

12

To authorise the Directors to dis-apply statutory pre-emption rights when allotting equity securities up to an aggregate nominal value of £361,086.

8,968,680

 

98.64

123,223

1.36

9,091,903

 

20,362

13

To authorise that a general meeting of the Company other than an annual general meeting may be called on not less than 14 clear days notice provided that this authority shall expire at the conclusion of the next annual general meeting of the Company.

8,997,702

 

98.86

103,466

1.14

9,101,168

 

11,097

 

As at the record date of 22 October 2024, the Company's issued ordinary share capital comprised of 66,381,114 ordinary shares of which 19,264,258 ordinary shares were held in Treasury. Therefore, the total number of ordinary shares with voting rights in the Company was 47,116,856.

 

In accordance with Listing Rule 9.6.2, copies of the special business resolutions passed at the AGM will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

 

All enquiries to:

Juniper Partners Limited, Company Secretary

0131 378 0500

 

23 October 2024