REG - AssetCo PLC - Result of AGM

AssetcoAnnouncement

24/04/2024 12:00

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RNS Number : 8838L  AssetCo PLC  24 April 2024

24 April 2024

LEI: 213800LFMHKVNTZ7GV45

AssetCo plc ("AssetCo" or the "Company")

Results of Annual General Meeting

AssetCo is pleased to announce that at its Annual General Meeting held earlier
today, all resolutions proposed to the meeting were duly passed on a show of
hands by the requisite majorities. Resolutions 11, 12 and 13 were passed as
special resolutions; all other resolutions were passed as ordinary
resolutions. The Board notes the votes cast against a number of the
resolutions and will consult with shareholders to discuss their concerns.

Details of the proxy voting instructions lodged prior to the AGM for each
resolution (all of which passed on a show of hands) are set out in the table
below:

 No.  Resolution                                                                      For                     Against                   Total         Withheld
      No. of votes                                                                                % of votes  No. of votes  % of votes  No. of votes  No. of votes
 1    To receive the Company's audited accounts for the 12 month period ended 30      59,411,308  100         140           0.00        59,411,448    0
      September 2023, together with the Directors' report, the strategic report and
      the auditor's report on those accounts.
 2    To re-elect Martin Gilbert as a Director of the Company.                        44,869,864  83.58       8,813,450     16.42       53,683,314    5,728,134

                                                                                                                                        `
 3    To re-elect Peter McKellar as a Director of the Company.                        44,917,264  83.96       7,583,350     16.04       52,500,624    6,910,824
 4    To re-elect Tudor Davies as a Director of the Company.                          57,596,538  97.23       1,642,490     2.77        59,239,038    172,420
 5    To re-elect Christopher Mills as a Director of the Company.                     57,768,948  97.24       1,642,490     2.76        59,411,448    0
 6    To re-elect Jonathan Dawson as a Director of the Company.                       51,914,878  87.64       7,324,150     12.36       59,239,038    172,410
 7    To re-elect Gary Marshall as a Director of the Company.                         59,258,248  99.74       153,190       0.26        59,411,448    0
 8    To re-appoint BDO as auditors                                                   59,369,921  99.93       41,527        0.07        59,411,448    0
 9    To authorise the Directors to determine the remuneration of BDO as auditors.    59,235,356  99.99       2,682         0.01        59,239,038    172,410
 10   To authorise the Directors to allot equity securities.                          44,879,798  75.54       14,531,650    24.46       59,411,448    0
 11   To authorise the Directors to disapply pre-emption rights.                      44,835,425  75.47       14,576,023    24.53       59,411,448    0
 12   To authorise the Company to purchase its own shares.                            59,411,428  100         20            0.00        59,411,448    0
 13   To authorise the Company to call a general meeting of the Company (other than   59,365,588  99.92       45,860        0.08        59,411,448    0
      an AGM) on not less than 14 clear days' notice

 

¹ The number of ordinary shares in issue is 149,292,970. The Company holds
6,818,898 ordinary shares in treasury which attract no voting rights. The
total number of voting rights in the Company is 142,474,072.

² 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.

For further information, please contact:

     AssetCo plc                     Deutsche Numis

     Gary Marshall, CFOO             Nominated adviser and joint broker

     Peter McKellar, Director        Giles Rolls / Charles Farquhar

     Tel: +44 (0) 7788 338157        Tel: +44 (0) 20 7260 1000

     Panmure Gordon (UK) Limited     H/Advisors Maitland

     Joint broker                    Neil Bennett

     Atholl Tweedie                  Rachel Cohen

     Tel: +44 (0) 20 7886 2500       Tel: +44 (0) 20 7379 55151

 

For further details, visit the website, www.assetco.com
(http://www.assetco.com)

Ticker: AIM: ASTO.L

 

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