REG - North Atlantic Smlr - Result of AGM

North Atlantic Smaller Companies Investment TrustAnnouncement

28/06/2024 07:00

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RNS Number : 2509U  North Atlantic Smlr Co Inv Tst PLC  28 June 2024

 

North Atlantic Smaller Companies Investment Trust PLC

("NASCIT", "the Company")

 

Result of Annual General Meeting

 

The Company announces that at the Annual General Meeting (the "Meeting") of
the Company held on 27 June 2024, all of the resolutions, as set out in full
in the notice of the Meeting dated 3 June 2024 (the "Notice"), were duly
passed as set below:

 

Total votes received (including proxy and poll votes):

 

 Resolution  For        % (of votes cast exl. withheld)  Against  % (of votes cast exl. withheld  Votes Withheld
 1           7,677,097  99.99                            1,000    0.01                            0
 2           7,641,904  99.94                            4,326    0.06                            31,867
 3           7,640,904  99.53                            36,143   0.47                            1,050
 4           7,416,873  96.60                            261,224  3.40                            0
 5           7,573,172  98.63                            104,875  1.37                            50
 6           7,589,715  98.85                            88,122   1.15                            260
 7           7,587,659  98.84                            89,388   1.16                            1,050
 8           6,822,319  93.43                            479,657  6.57                            376,121
 9           7,589,026  98.86                            87,261   1.14                            1,810
 10          7,621,653  99.27                            56,184   0.73                            260
 11          7,675,408  99.97                            2,479    0.03                            210
 12          7,673,990  99.95                            4,107    0.05                            0
 13          7,640,041  99.52                            37,079   0.48                            977
 14          7,630,626  99.27%                           56,410   0.73%                           3,100
 15          7,595,174  98.77%                           94,962   1.23%                           0
 16          7,677,730  99.84%                           12,406   0.16%                           0
 17*         2,821,178  80.06%                           702,794  19.94%                          4,166,164

 

      *    Resolution 17 was put to the Meeting as a resolution of the
independent shareholders of the Company. As a result, 9,216,126 of the
ordinary shares in issue were eligible to vote on this resolution, these
shares not being held by the Concert Party (as defined in the Notice). The
waiver of Rule 9 granted by Resolution 17 permits the Concert Party's interest
in the Company's shares to increase from 31.132% to a maximum of 34.591% (in
each case representing 4,166,164 ordinary shares) as a result of the share
buyback authorised by Resolution 15 without requiring the Concert Party to
make a mandatory offer for the other shareholders' shares. The results of the
poll vote on this Resolution 17 were 2,821,178 votes for, 702,794 against,
therefore with 80.06% in favour of the resolution.

 

Enquiries:

SGH Company Secretaries Limited, Company Secretary

thomas.verlander@shma.co.uk (mailto:thomas.verlander@shma.co.uk)

0207 264 4444

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