REG - HgCapital Trust PLC - Result of AGM

HgCapital TrustAnnouncement

14/05/2025 13:45

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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               For     Against           Against  Votes Withheld

                                                                                 (No. of shares)   (%)     (No. of shares)   (%)      (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               192,052,785       99.93%  135,377           0.07%    17,917,105        192,188,162   41.99%
 Company.
 11.         To authorise the Directors to determine the remuneration            196,387,014       99.97%  62,597            0.03%    13,655,656        196,449,611   42.92%
 of the Auditor.
 12.         That HgT continues in existence as an investment trust for          210,046,048       99.99%  28,571            0.01%    30,649            210,074,619   45.90%
 a further five year period.
 13.         To approve and adopt the revised and restated investment            205,687,070       99.98%  48,650            0.02%    4,369,548         205,735,720   44.95%
 policy.
 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                209,989,555       99.97%  71,110            0.03%    44,603            210,060,665   45.89%
 Ordinary shares of the Company.*

 *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
     (https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

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