REG - Utilico Emerging Mkt - Result of AGM
17 September 2019
UTILICO EMERGING MARKETS TRUST PLC
(LEI Number: 2138005TJMCWR2394O39)
Result of Annual General Meeting
Utilico Emerging Markets Trust plc (the "Company") held its 2019 Annual General Meeting of its shareholders on 17 September 2019.
All resolutions proposed at the meeting were passed. A copy of the Notice of Meeting is available at www.uemtrust.co.uk. Resolution 3 was passed on a poll and the rest of the resolutions were passed on a show of hands.
The proxy voting figures received in advance of the meeting and the result of the poll are shown below.
Resolution 1: To receive and adopt the report of the Directors of the Company and the financial statements for the period ended 31 March 2019, together with the report of the auditor thereon
Number
%
Votes for/discretionary
142,858,352
100.00
Votes against
0
0.00
Total votes cast
142,858,352
100.00
Votes withheld
0
Resolution 2: To approve the Directors' Remuneration Policy
Number
%
Votes for/discretionary
142,608,801
99.84
Votes against
227,518
0.16
Total votes cast
142,836,319
100.00
Votes withheld
22,033
Resolution 3: To approve the Directors' Remuneration Report for the period ended 31 March 2019 (by way of a poll)
Number
%
Votes for
143,211,994
99.84
Votes against
233,130
0.16
Total votes cast
143,445,124
100.00
Votes withheld
24,607
Resolution 4: To approve the Company's dividend policy to pay four interim dividends per year
Number
%
Votes for/discretionary
142,857,027
100.00
Votes against
0
0.00
Total votes cast
142,857,027
100.00
Votes withheld
1,325
Resolution 5: To elect Mr Rennocks as a Director
Number
%
Votes for/discretionary
142,846,932
100.00
Votes against
52
0.00
Total votes cast
142,846,984
100.00
Votes withheld
11,368
Resolution 6: To elect Mr Milne as a Director
Number
%
Votes for/discretionary
142,817,354
99.98
Votes against
24,844
0.02
Total votes cast
142,842,198
100.00
Votes withheld
16,153
Resolution 7: To elect Ms Hansen as a Director
Number
%
Votes for/discretionary
131,327,178
91.95
Votes against
11,501,430
8.05
Total votes cast
142,828,608
100.00
Votes withheld
29,743
Resolution 8: To elect Mr Muh as a Director
Number
%
Votes for/discretionary
142,846,932
100.00
Votes against
52
0.00
Total votes cast
142,846,984
100.00
Votes withheld
11,368
Resolution 9: To re-appoint KPMG LLP as auditor to the Company to hold office until the conclusion of the next Annual General Meeting of the Company
Number
%
Votes for/discretionary
142,587,300
99.83
Votes against
241,362
0.17
Total votes cast
142,828,662
100.00
Votes withheld
29,690
Resolution 10: To authorise the Audit Committee to determine the auditor's remuneration.
Number
%
Votes for/discretionary
142,854,875
100.00
Votes against
903
0.00
Total votes cast
142,855,778
100.00
Votes withheld
2,574
Resolution 11: To authorise the Directors to allot securities for up to 5% of the ordinary shares in issue
Number
%
Votes for/discretionary
142,623,182
99.84
Votes against
223,241
0.16
Total votes cast
142,846,423
100.00
Votes withheld
11,929
Resolution 12: To authorise the dis-application of pre-emption rights for up to 5% of the ordinary shares in issue
Number
%
Votes for/discretionary
142,604,240
99.82
Votes against
251,538
0.18
Total votes cast
142,855,778
100.00
Votes withheld
2,574
Resolution 13: To authorise the Company to make market purchases of ordinary shares for up to 14.99% of the ordinary shares in issue
Number
%
Votes for/discretionary
142,634,545
99.84
Votes against
223,807
0.16
Total votes cast
142,858,352
100.00
Votes withheld
0
In accordance with Listing Rule 9.6.3 (1), copies of the resolutions (other than those resolutions comprising ordinary business) will shortly be made available for inspection on the National Storage Mechanism at www.morningstar.co.uk/uk/NSM.
Name of contact and telephone number for enquiries:
ICM Investment Management Limited +44(0)1372 271486
Charles Jillings / Alastair Moreton
Montfort Communications
Gay Collins, Mike Foster, Toto Reissland-Burghart +44(0)203 770 7905 / 7907
utilico@montfort.london
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 or visit www.rns.com.ENDRAGSFAFLWFUSEEU
Recent news on Utilico Emerging Markets Trust
See all newsREG - Utilico Emerging Mkt - Transaction in Own Shares & Total Voting Rights
AnnouncementREG - Utilico Emerging Mkt - Net Asset Value(s)
AnnouncementREG - Utilico Emerging Mkt - Net Asset Value(s)
AnnouncementREG - Utilico Emerging Mkt - Net Asset Value(s)
AnnouncementREG - Utilico Emerging Mkt - Total Voting Rights
Announcement