REG-SVM UK Emerging Fund Plc: Result of AGM

SVM UK Emerging FundAnnouncement

08/09/2023 09:30

ANNUAL GENERAL MEETING OF SVM UK EMERGING FUND PLC

 

The Company announces that, at the Annual General Meeting held today, all 10
resolutions put to shareholders were duly passed including special resolutions
9 and 10.

 

The level of proxies received for each of these Resolutions is indicated
below.

 

A total of 11 valid proxy forms representing just over 1.5 million shares were
lodged with the Registrars.  These shares represent approximately 26% of the
issued share capital of the Company and the votes were cast as follows:-

 

 Resolution                                                                Votes for  Votes Against  Discretionary Votes  Total Votes Cast (Excluding Votes Withheld)  Votes Withheld  
 1       Receive the report and accounts for the year ended 31 March 2022  1,536,799  3,251          0                    1,540,050                                    0               
 2       Approval of directors' remuneration policy                        1,491,749  45,101         0                    1,536,850                                    3,200           
 3       Approval of directors' remuneration report                        1,496,749  40,101         0                    1,536,850                                    3,200           
 4       Re-Appoint Mr P Dicks                                             1,469,799  70,251         0                    1,540,050                                    0               
 5       Re-Appoint Mr I Gray                                              1,464,799  70,251         0                    1,535,050                                    5,000           
 6       Re-Appoint Mr J Harris                                            1,464,799  70,251         0                    1,535,050                                    5,000           
 7       Re-Appoint The Auditors                                           1,531,799  51             0                    1,531,850                                    8,200           
 8       Directors' authority to allot shares                              1,486,749  45,101         0                    1,531,850                                    8,200           
 9       Authority to purchase own shares                                  1,539,999  51             0                    1,540,050                                    0               
 10      Dis-apply pre-emption rights                                      1,485,820  54,230         0                    1,540,050                                    0               

 

The total number of voting rights in the Company on 8 September 2023 was
5,995,000

*A vote 'Withheld' is not a vote in law and therefore is not counted in the
calculation of the proportion of votes 'For' and 'Against' a resolution

In accordance with the UK Listing Authority's Listing Rule 9.6.2, copies of
the resolutions passed, other than resolutions concerning ordinary business,
have been submitted to the FCA's National Storage Mechanism and will shortly
be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism

A presentation on the Company is available on the Investment Manager's website
at www.svmonline.co.uk

 

Enquiries:

Diane Miller 0131 718 5618

SVM Asset Management Limited

8 September 2023



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