REG-Aberforth Smaller Companies Trust Plc: Result of AGM

Aberforth Smaller Companies TrustAnnouncement

06/03/2025 13:30

 Aberforth Smaller Companies Trust plc Annual General Meeting held on 6
March 2025
 

The Board of Aberforth Smaller Companies Trust plc hereby reports that all the
resolutions proposed at the Annual General Meeting held on 6 March 2025 were
passed by Shareholders on a poll.  

 

The table below shows the results of the poll.

 

 Resolution                                                                                                       Votes For   % Votes For  Votes Against  % Votes Against  Total Votes cast (excluding Votes Withheld)  Votes Withheld  
 1 That the Report and                                                                                            45,611,979  95.25%       2,275,752      4.75%            47,887,731                                   6,819           
  Financial Statements for the year ended 31                                                                                                                                                                                            
  December 2024 be                                                                                                                                                                                                                      
  adopted.                                                                                                                                                                                                                              
 2 That the Directors’                                                                                            47,812,027  99.88%       56,659         0.12%            47,868,686                                   25,864          
  Remuneration Report for the year ended 31                                                                                                                                                                                             
  December 2024 be                                                                                                                                                                                                                      
  approved.                                                                                                                                                                                                                             
 3 That a final dividend of 30.00p per share and a special dividend of 6.00p per share be approved.               47,885,536  99.99%       3,923          0.01%            47,889,459                                   5,091           
 4 That Richard Davidson be                                                                                       47,859,516  99.97%       16,467         0.03%            47,875,983                                   18,567          
  re-elected as a Director.                                                                                                                                                                                                             
 5 That Jaz Bains be                                                                                              47,855,080  99.96%       18,626         0.04%            47,873,706                                   20,844          
  re-elected as a Director.                                                                                                                                                                                                             
 6 That Patricia Dimond be re-elected as a Director.                                                              47,856,925  99.96%       16,781         0.04%            47,873,706                                   20,844          
 7 That Victoria Stewart be re-elected as a Director.                                                             47,855,850  99.96%       17,651         0.04%            47,873,501                                   21,049          
 8 That Martin Warner be r e-elected as a Director.                                                               47,859,259  99.97%       15,531         0.03%            47,874,790                                   19,760          
 9 That Johnston                                                                                                  47,723,616  99.96%       19,966         0.04%            47,743,582                                   150,968         
  Carmichael LLP be  re-appointed as                                                                                                                                                                                                    
  Independent Auditor of the Company to hold                                                                                                                                                                                            
  office until the                                                                                                                                                                                                                      
   conclusion of the next Annual General Meeting at which the Financial Statements are laid before the Company.                                                                                                                         

 10 That the Audit                                        47,861,131  99.97%  14,951   0.03%  47,876,082  18,468  
  Committee be                                                                                                    
   authorised to determine                                                                                        
  the remuneration of the                                                                                         
  Independent Auditor for the year to 31 December 2025.                                                           
 11 That the Company be                                   48,027,854  99.57%  206,034  0.43%  48,233,888  6,491   
  authorised to buy back Ordinary Shares.                                                                         

 

 

Notes
1. A "Vote Withheld" is not a vote in law and is not counted in the
calculation of the votes "For" or "Against" a resolution.
2. Proxy appointments which gave discretion to the Chairman have been included
as votes for the resolution.
3. Resolutions 1 to 10 were ordinary resolutions and resolution 11 was a
special resolution.
4. The total votes cast represented 57.90% of the 82,724,105 Ordinary Shares
in issue at 4 March 2025.
 

 

The full text of the resolutions can be found in the Notice of the Annual
General Meeting contained in the 2024 Annual Report and Financial Statements
which is on the website www.aberforth.co.uk.  The report has been submitted
to the National Storage Mechanism and is available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

Contact 

Michael Campbell, Aberforth Partners LLP, Secretaries

Telephone: 0131 220 0733

 

6 March 2025

 

 

 

 



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