REG-Artemis UK Future Leaders Plc: Result of Annual General Meeting

Artemis UK Future LeadersAnnouncement

05/06/2025 16:45

LEI: 549300K1D1P23R8U4U50

ARTEMIS UK FUTURE LEADERS PLC (the "Company")

Result of Annual General Meeting

The Company announces that at its Annual General Meeting held on 5 June 2025,
all resolutions were passed on a poll.

Ordinary Resolutions

 

1. to receive and consider the Annual Financial Report for the year ended 31
January 2025

 

2. to approve the Directors' Remuneration Policy

 

3. to approve the Annual Statement and Report on Remuneration for the year
ended 31 January 2025

 

4. to approve the final dividend of 3.45p for the year ended 31 January 2025

 

5. to re-elect Bridget Guerin as a Director of the Company

 

6. to re-elect Graham Paterson as a Director of the Company

 

7. to re-elect Mike Prentis as a Director of the Company

 

8. to elect Simon Longfellow as a Director of the Company

 

9. to re-appoint the auditor, Ernst & Young LLP

 

10. to authorise the Audit Committee to determine the auditor's remuneration

 

11. to approve the Investment Policy of the Company

 

12. to authorise the Directors to allot securities

 

Special Resolutions

 

13. to authorise the Directors to allot securities for cash, disapplying
statutory pre-emption rights

 

14. to authorise the Directors to purchase shares of the Company in the
market for cancellation or for holding in Treasury within the parameters
specified

 

15. that the period of notice required for general meetings of the Company
(other than AGMs) shall be not less than 14 days

 

The proxy votes received in relation to these resolutions were as follows:

 Resolutions    Votes For (including Chairman's Discretion)  %       Votes Against  %      Votes withheld  
 Resolution 1   11,680,547                                   100.00  -              0.00   13,653          
 Resolution 2   11,572,124                                   99.44   65,059         0.56   57,017          
 Resolution 3   11,600,495                                   99.63   43,603         0.37   50,102          
 Resolution 4   11,680,666                                   100.00  -              0.00   13,534          
 Resolution 5   9,138,144                                    78.44   2,512,321      21.56  43,735          
 Resolution 6   11,304,105                                   97.02   346,961        2.98   43,134          
 Resolution 7   11,318,397                                   97.14   332,669        2.86   43,134          
 Resolution 8   11,320,500                                   97.17   329,965        2.83   43,735          
 Resolution 9   9,528,499                                    99.70   28,333         0.30   2,137,368       
 Resolution 10  11,632,497                                   99.87   14,747         0.13   46,956          
 Resolution 11  11,577,478                                   99.12   102,413        0.88   14,309          
 Resolution 12  11,556,626                                   99.03   113,627        0.97   23,947          
 Resolution 13  11,509,981                                   98.63   159,836        1.37   24,383          
 Resolution 14  11,201,885                                   95.91   477,176        4.09   15,139          
 Resolution 15  11,621,383                                   99.54   53,608         0.46   19,029          

 

Significant Votes Against

The Board is pleased that all resolutions were duly passed but notes the
proportion of votes cast against Resolution 5, the re-election of Bridget
Guerin, by shareholders was over 20%.  The vote against the Resolution
represents 8.3% of the total voting rights of the Company and the Board will
engage with investors to better understand the reasons behind their dissent. 
An update will be published on that engagement within six months.

Notes:
1. Votes "For" and "Against" are expressed as a percentage of votes received.
2. A vote "Withheld" is not a vote in law and is not counted in the
calculation of the percentage of shares shown as voted "For" or "Against".
3. The Company has 49,826,436 ordinary shares of 20p each in issue, of which
19,453,074 shares are held in Treasury.  Accordingly, the total voting
rights, carrying one vote each, are 30,373,362. The above tables represent the
number of votes registered.
4. A copy of the full text of Resolutions 12 to 15 will be submitted to the
National Storage Mechanism and will shortly be available for inspection at:
https://data.fca.org.uk/#/nationalstoragemechanism
5. These proxy results together with a shareholder presentation will be
available shortly on Company's website at www.artemisfunds.com/futureleaders
 

Northern Trust Secretarial Services (UK) Limited

Company Secretary

 

5 June 2025



Copyright (c) 2025 PR Newswire Association,LLC. All Rights Reserved