REG-Pacific Assets Trust plc: Result of AGM

Pacific Assets TrustAnnouncement

Tue 15:00

Pacific Assets Trust plc

 

Results of the Annual General Meeting held on Tuesday, 1 July 2025

 

The Board is pleased to announce that at the Annual General Meeting (AGM) held
on Tuesday, 1 July 2025, all resolutions as detailed below were duly passed by
shareholders on a poll.  The proxy voting figures are shown below:

 

 Resolutions                                                                                                                                                  Votes For   %       Votes Against  %      Total Votes Cast  Votes Withheld  
 Ordinary Resolutions                                                                                                                                                                                                                     
 1. To receive the Report of the Directors and the financial statements for the year ended 31 January 2025.                                                   50,411,489  99.96%  21,919         0.04%  50,433,408        16,623          
 1. To approve the Directors' Remuneration Report for the year ended 31 January 2025.                                                                         50,222,593  99.62%  192,225        0.38%  50,414,818        35,213          
 1. To approve payment of a final dividend of 4.9p per share for the year ended 31 January 2025.                                                              50,401,235  99.93%  37,201         0.07%  50,438,436        11,595          
 1. To elect June Ang as a Director.                                                                                                                          50,224,901  99.64%  180,691        0.36%  50,405,592        44,439          
 1. To re-elect Andrew Impey as a Director.                                                                                                                   49,348,457  97.92%  1,046,773      2.08%  50,395,230        54,801          
 1. To re-elect Nandita Sahgal as a Director.                                                                                                                 49,266,983  97.75%  1,134,601      2.25%  50,401,584        48,447          
 1. To re-elect Robert Talbut as a Director.                                                                                                                  49,377,203  97.98%  1,018,027      2.02%  50,395,230        54,801          
 1. To re-elect Edward Troughton as a Director.                                                                                                               49,381,108  97.97%  1,022,122      2.03%  50,403,230        46,801          
 1. To re-appoint BDO LLP as Auditor.                                                                                                                         50,340,648  99.88%  59,582         0.12%  50,400,230        49,801          
 1. To authorise the Audit Committee to determine the remuneration of the Auditor.                                                                            50,401,307  99.95%  25,328         0.05%  50,426,635        23,396          
 1. To approve the change to the Company's Investment Policy.                                                                                                 50,369,191  99.94%  27,957         0.06%  50,397,148        52,883          
 12. To authorise the Directors to allot shares up to an amount representing 10% of the issued share capital of the Company.                                  50,239,630  99.64%  179,928        0.36%  50,419,558        30,473          
 13#. To disapply the pre-emption rights in relation to the allotment of shares up to an amount representing 10% of the issued share capital of the Company.  50,202,316  99.59%  206,527        0.41%  50,408,843        41,188          
 14#. To authorise the Company to make market purchases of the Company's ordinary shares.                                                                     50,344,236  99.84%  79,678         0.16%  50,423,914        26,117          
 15#. To authorise the Directors to call general meetings (other than the AGM) on not less than 14 clear days' notice.                                        50,280,089  99.70%  151,632        0.30%  50,431,721        18,310          

 

# - Special Resolution

        

Any proxy votes which are at the discretion of the Chair have been included in
the "for" total. A vote withheld is not a vote in law and is not counted in
the calculations of votes cast by proxy.

 

At 6.30pm on 27 June 2025 the total number of Ordinary shares of 12.5p each in
issue and the total number of voting rights was 118,438,386.

 

The proxy voting figures will be made available on the Company's website at
www.pacific-assets.co.uk   

 

In accordance with UK Listing Rules 6.4.2 and 6.4.3, the full text of the
resolutions passed has been submitted to the National Storage Mechanism and
will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism. Resolutions 11 to 15
will also be filed at Companies House.

 

1 July 2025

 

 Katherine Manson  Frostrow Capital LLP - Company Secretary  020 3709 8734  

 



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