RNS Number : 6858I
HgCapital Trust PLC
14 May 2025
 

 

HgCapital Trust plc

(the "Company", "HgT")

Legal Entity Identifier: 213800J7QUJJBEFSIN38

 

14 May 2025

 

Annual General Meeting ("AGM") Results

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed. All resolutions were voted on by way of a poll. The results of the poll for each resolution were as follows:

 


Resolution

For

(No. of shares)

For

(%)

Against

(No. of shares)

Against

(%)

Votes Withheld

(No. of shares)

 

Total Votes

 

Issued Share Capital voted (%)

1.  To receive the Annual Report and Financial Statements.

205,795,293

99.98%

31,078

0.02%

4,278,897

205,826,371

44.97%

2.  To approve the Directors' Remuneration Report.

209,744,469

99.91%

187,153

0.09%

173,645

209,931,622

45.86%

3.  To approve a final dividend of 3.5 pence per share.

209,408,298

99.69%

660,040

0.31%

36,929

210,068,338

45.89%

4.  To elect John Billowits as a Director.

207,108,122

98.62%

2,900,119

1.38%

97,026

210,008,241

45.88%

5.  To re-elect Richard Brooman as a Director.

183,018,802

87.14%

27,003,616

12.86%

82,849

210,022,418

45.88%

6.  To re-elect Helena Coles as a Director.

207,105,320

98.61%

2,917,928

1.39%

82,019

210,023,248

45.88%

7.  To re-elect Pilar Junco as a Director.

207,090,063

98.60%

2,930,931

1.40%

84,273

210,020,994

45.88%

8.  To re-elect Erika Schraner as a Director.

207,125,281

98.62%

2,892,866

1.38%

87,120

210,018,147

45.88%

9.  To re-elect Jim Strang as a Director.

202,129,447

98.23%

3,639,330

1.77%

4,336,490

205,768,777

44.95%

10.         To re-appoint Grant Thornton UK LLP as Auditor of the Company.

192,052,785

99.93%

135,377

0.07%

17,917,105

192,188,162

41.99%

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

196,387,014

99.97%

62,597

0.03%

13,655,656

196,449,611

42.92%

12.         That HgT continues in existence as an investment trust for a further five year period.

210,046,048

99.99%

28,571

0.01%

30,649

210,074,619

45.90%

13.         To approve and adopt the revised and restated investment policy.

205,687,070

99.98%

48,650

0.02%

4,369,548

205,735,720

44.95%

14.         To authorise the Directors to allot Ordinary shares.

209,922,725

99.94%

131,216

0.06%

51,326

210,053,941

45.89%

15.         To dis-apply pre-emption rights.*

209,685,733

99.84%

339,334

0.16%

80,200

210,025,067

45.88%

16.         To authorise the Company to make market purchases of Ordinary shares of the Company.*

209,989,555

99.97%

71,110

0.03%

44,603

210,060,665

45.89%

 *special resolution

 

 

 

NOTES:

 

1.

All resolutions were passed. 

2.

Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.

3.

Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.

4.

A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.

5.

The number of shares in issue on 14 May 2025 was 457,728,500 ordinary shares, carrying one vote each, and at that time, the Company did not hold any shares in treasury.

6.

The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.hgcapitaltrust.com

7.

In accordance with listing rule 6.4.2R, a copy of resolutions 14-16 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

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