REG - Impax Environ Mkts - Result of AGM

Impax Environmental MarketsAnnouncement

18/05/2022 16:15

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RNS Number : 9953L  Impax Environmental Markets PLC  18 May 2022

IMPAX ENVIRONMENTAL MARKETS PLC (the "Company")

 

LEI: 213800RAR6ZDJLZDND86

Result of AGM

 

Impax Environmental Markets plc (the "Company") is pleased to announce that
all of the resolutions put forward at its Annual General Meeting ("AGM") held
earlier today were passed. All resolutions put forward passed with in excess
of 99% of votes being cast in favour.

 

Details of the number of proxy votes cast for, against and withheld along with
the Investment Manager's presentation have been published on the Company's
website at:
https://impaxenvironmentalmarkets.co.uk/trust-info/reports-and-company-documents/

 

The text of all the resolutions is contained in the Notice of AGM in the
Company's Annual Report for the year ended 31 December 2021.

 

The proxy votes received were as follows:

 

 Resolution                                                                              In Favour / Discretionary     Against           Withheld
                                                                                         Votes          %              Votes      %      Votes
 1       To receive the Company's annual accounts for the year ended 31 December 2021.   135,132,041    99.99%         14,546     0.01%  102,590
 2       To approve the Directors' Remuneration Report included in                       135,068,941    99.95%         67,347     0.05%  112,889

         the Annual Report for the year ended 31 December 2021.
 3       To approve the Company's Distribution Policy.                                   135,129,902    99.98%         23,441     0.02%  95,834
 4       To re-elect John Scott as a director of the Company.                            133,770,273    99.15%         1,149,072  0.85%  329,832
 5       To re-elect Aine Kelly as a director of the Company.                            134,208,542    99.31%         937,977    0.69%  102,658
 6       To re-elect Stephanie Eastment as a director of the Company.                    134,205,442    99.30%         941,077    0.70%  102,658
 7       To re-elect Vicky Hastings as a director of the Company.                        134,148,702    99.26%         997,817    0.74%  102,658
 8       To elect Nicholas Hurd as a director of the Company.                            135,105,252    99.97%         35,793     0.03%  108,132
 9       To re-appoint BDO LLP as auditor to the Company.                                135,107,359    99.97%         35,628     0.03%  106,190
 10      To authorise the directors to fix the remuneration of the                       135,123,177    99.98%         25,285     0.02%  100,715

         auditor until the conclusion of the next Annual General

         Meeting of the Company.
 11      To approve the continuation of the Company as an investment trust for a         135,137,932    99.99%         14,546     0.01%  96,699
         further three year period.
 12      In accordance with Article 87 of the Articles of Association of the Company,    135,023,122    99.92%         105,798    0.08%  120,257
         to increase the maximum aggregate for the Directors' remuneration from
         £200,000 to £250,000.
 13      That the directors be authorised to exercise all powers to allot relevant       135,110,810    99.98%         33,563     0.02%  104,804
         securities up to a maximum nominal amount equal to £3,402,985.
 14*     That, subject to the passing of resolution 13, and in substitution for any      135,004,865    99.90%         140,227    0.10%  104,085
         existing power under section 570 the directors be empowered to allot equity
         securities for cash.
 15*     That the Company be authorised to make market purchases of its Ordinary Shares  135,125,105    99.98%         22,042     0.02%  102,030
         of 10p each up to 14.99% of the shares in issue.
 16*     That a general meeting of the Company other than an Annual General Meeting may  134,487,771    99.52%         653,496    0.48%  107,910
         be called on not less than 14 clear days' notice.

 

*Special Resolutions

 

On the record date for voting at the meeting, the Company's issued share
capital was 305,623,539 ordinary shares. The Company was holding 260,000 of
these shares in Treasury. Therefore, the total number of ordinary shares with
voting rights in the Company was 305,363,539.

 

Copies of all the resolutions passed, other than ordinary business, will be
submitted to the National Storage Mechanism and will shortly be available for
inspection at:  https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

18 May 2022

 

Enquiries

 

Sanne Fund Services (UK) Limited

Martin Darragh / Shilla Pindoria 020 3327 9720

Company Secretary

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