REG - RIT Cap. Partners - Result of AGM

RIT Capital PartnersAnnouncement

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RNS Number : 1244H  RIT Capital Partners PLC  01 May 2025

1 May 2025

RIT CAPITAL PARTNERS PLC (LEI: P31Q1NLTW35JJGHA4667)

RESULT OF ANNUAL GENERAL MEETING - (ALL RESOLUTIONS PASSED)

 

The Annual General Meeting of RIT Capital Partners plc ('Company') was held on
Thursday 1 May 2025.

All resolutions as set out in the Notice of Meeting dated 25 March 2025 were
passed and prints of the items of special business passed will shortly be
available for inspection on the National Storage Mechanism.

The proxy votes cast on each resolution were as follow:

 RESOLUTION                                                                             For/            %      Against  %     Withheld

                                                                                        Discretionary
 ORDINARY BUSINESS:

 1.      Approval of the Directors' Report and Accounts for the year ended 31 December  68,464,348      99.93  47,763   0.07  16,323
         2024

 2.      Approval of the Directors' Remuneration Report for the year ended 31 December  68,099,280      99.52  330,573  0.48  98,581
         2024
 3.      Re-election of Philippe Costeletos as a Director                               68,010,111      99.33  456,168  0.67  62,155
 4.      Re-election of André Perold as a Director                                      67,594,999      99.14  585,446  0.86  314,808
 5.      Re-election of Dame Hannah Rothschild as a Director                            67,529,897      98.62  942,665  1.38  55,872
 6.      Re-election of Vikas Karlekar as a Director                                    68,189,985      99.60  274,884  0.40  63,565

 7.      Re-election of Cecilia McAnulty as a Director                                  68,212,828      99.61  269,817  0.39  45,789

 8.      Re-election of Jutta af Rosenborg as a Director                                68,182,133      99.60  276,051  0.40  70,250

 9.      Election of Helena Coles as a Director                                         68,225,909      99.60  272,874  0.40  29,651
 10.     Re-appointment of Ernst & Young LLP as auditors                                68,200,919      99.57  291,348  0.43  36,167

 11.     To authorise the Directors to fix the remuneration of the auditors             68,259,012      99.66  233,397  0.34  36,025
 SPECIAL BUSINESS:

 12.     To renew the power to allot equity securities                                  68,074,460      99.39  420,041  0.61  33,933

 13.     To authorise the Directors to allot equity securities for cash                 68,092,373      99.40  412,257  0.60  23,804

 14.     To renew the authority to repurchase up to 14.99 per cent. of the Company's    67,780,275      98.93  730,763  1.07  17,396
         issued share capital

 15.     To change the notice period for general meetings other than annual general     68,088,738      99.39  416,838  0.61  22,858
         meetings to 14 days

 

Resolutions 1 to 12 were passed as ordinary resolutions and resolutions 13 to
15 were passed as special resolutions.

Composition of Board

Pursuant to UKLR 6.4.6R, the Company announces the following Board changes
with immediate effect:

Following the retirement of Sir James Leigh-Pemberton, Philippe Costeletos, a
Non-Executive Director of the Company, has been appointed Chairman of the
Company, and Chair of the Nominations Committee;

Jutta af Rosenborg, a Non-Executive Director of the Company, has been
appointed as Senior Independent Director, Chair of the Conflicts Committee,
and Chair of the Remuneration Committee;

Helena Coles, a Non-Executive Director of the Company, has been appointed as a
member of the Conflicts Committee, and Remuneration Committee; and

Cecilia McAnulty, a Non-Executive Director of the Company, has been appointed
as a member of the Nominations Committee.

 

For more information:

J. Rothschild Capital Management (Manager):

T: 020 7647 8565

E: investorrelations@ritcap.co.uk (mailto:investorrelations@ritcap.co.uk)

 

Deutsche Numis (Joint Broker):

Nathan Brown / Vicki Paine

T: 020 7260 1000

 

JP Morgan Cazenove (Joint Broker):

William Simmonds

T: 020 3493 8000

 

Brunswick Group (Media enquiries):

Nick Cosgrove, Sofie Brewis

T: 020 7404 5959

E: RIT@BrunswickGroup.com (mailto:RIT@BrunswickGroup.com)

 

 

 

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