REG - Palace Capital PLC - Result of AGM

Palace CapitalAnnouncement

24/07/2024 11:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240724:nRSX6655Xa&default-theme=true

RNS Number : 6655X  Palace Capital PLC  24 July 2024

24 July 2024

Palace Capital plc

("Palace Capital" or the "Company")

Results of 2024 Annual General Meeting

Palace Capital (LSE: PCA) announces the results of the Company's Annual
General Meeting held earlier today.

 

The resolutions were as set out in the Notice of Meeting, available on the
company's website, www.palacecapitalplc.com (http://www.palacecapitalplc.com)
.

 

The resolutions numbered 1-7 were passed as Ordinary Resolutions. Resolutions
numbered 8 and 9 were passed as Special Resolutions. All votes were held on a
poll.

 

The total votes cast were as follows:

 

 Resolution                                                                      In Favour Votes       Against Votes     Withheld Votes
                                                                                 No.         %         No.      %
 1.     Receive and approve the Report and Accounts                              19,676,606  99.99     1,207    0.01     0
 2.     Receive and approve the Directors' Remuneration Report                   19,611,944  99.67     64,196   0.33     1,671
 3.     Declare a final dividend of 3.75 pence per Ordinary Share                19,676,606  99.99     1,207    0.01     0
 4.     Re-appoint BDO LLP as auditor                                            19,672,563  99.97     5,250    0.03     0
 5.     Authorise the Audit and Risk Committee to determine the                  19,676,063  99.99     1,750    0.01     0
 remuneration of the auditor
 6.     Re-elect Steven Owen as a Director                                       17,619,384  95.64     802,964  4.36     1,255,464
 7.     Re-elect Mark Davies as a Director                                       19,354,209  98.36     323,603  1.64     0
 8.     Authorise market purchase of up to 5,624,044 Ordinary Shares of the      19,673,392  99.98     4,421    0.02     0
 Company
 9.     Authorise calling a General Meeting on not less than 14 clear days'      19,649,338  99.86     28,475   0.14     0
 notice

 A vote withheld is not a vote in law and is not counted in the calculation
of the number or % of votes "For" or "Against" a resolution.

The Board would like to thank shareholders for their engagement and support.

For further information please contact:

PALACE CAPITAL PLC

Steven Owen, Executive Chairman

info@palacecapitalplc.com (mailto:info@palacecapitalplc.com)

 

Financial PR

FTI Consulting

Dido Laurimore/ Giles Barrie

Tel: +44 (0)20 3727 1000

palacecapital@fticonsulting.com (mailto:palacecapital@fticonsulting.com)

 

www.palacecapitalplc.com (http://www.palacecapitalplc.com/)

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGUSRRRSUUBUAR