PR Newswire
London, April 21
EP GLOBAL OPPORTUNITIES TRUST PLC
(the “Company”)
Result of Annual General Meeting
The Company is pleased to announce that at the Annual General Meeting (“AGM”) held today, all resolutions, as set out in the Notice of AGM, were passed by the requisite majority. Each of the resolutions put to the AGM were voted on by way of a poll.
Resolutions 1 to 8 related to Ordinary Business. Resolutions 9 to 14 related to Special Business, as set out below:
Resolution 9: To make market purchases of the Company’s shares.
Resolution 10: To allot shares in accordance with statutory pre?emption rights.
Resolution 11: To allot shares otherwise than in accordance with statutory pre-emption rights.
Resolution 12: To sell ordinary shares held in treasury at a discount to the prevailing net asset value per ordinary share.
Resolution 13: To hold general meetings (other than annual general meetings) on 14 clear days’ notice.
Resolution 14: To adopt the articles of association of the Company in substitution for, and to the exclusion of, the existing articles of association of the Company.
The results of the poll for each resolution were as follows:
| Resolution (No. as noted on proxy form) | Shares For |
% | Shares Against |
% | Votes withheld |
| Resolution 1 | 12,298,009 | 83.00 | 2,518,702 | 17.00 | 191,277 |
| Resolution 2 | 12,259,169 | 82.92 | 2,525,205 | 17.08 | 223,614 |
| Resolution 3 | 14,819,351 | 100.00 | 0 | 0.00 | 188,637 |
| Resolution 4 | 14,810,348 | 99.96 | 6,503 | 0.04 | 191,137 |
| Resolution 5 | 14,817,788 | 99.99 | 1,563 | 0.01 | 188,637 |
| Resolution 6 | 12,304,444 | 83.04 | 2,512,407 | 16.96 | 191,137 |
| Resolution 7 | 8,389,795 | 67.11 | 4,111,545 | 32.89 | 2,506,648 |
| Resolution 8 | 12,128,855 | 81.92 | 2,676,730 | 18.08 | 202,403 |
| Resolution 9 | 14,789,410 | 99.86 | 20,278 | 0.14 | 198,300 |
| Resolution 10 | 12,222,027 | 82.69 | 2,557,734 | 17.31 | 228,227 |
| Resolution 11 | 12,224,724 | 82.71 | 2,555,037 | 17.29 | 228,227 |
| Resolution 12 | 11,427,399 | 77.12 | 3,389,484 | 22.88 | 191,105 |
| Resolution 13 | 12,266,165 | 99.66 | 42,342 | 0.34 | 2,699,481 |
| Resolution 14 | 12,300,597 | 83.05 | 2,510,844 | 16.95 | 196,547 |
The Board would like to thank shareholders for their engagement with the resolutions passed at the AGM. The Board notes that:
Resolution 7 (to re-elect Mr Tulloch), which was an ordinary resolution, passed with a majority of less than 80% (receiving votes in favour of 67.11%); and
Resolution 12 (to sell ordinary shares held in treasury at a discount to the prevailing net asset value per ordinary share), which was an ordinary resolution, passed with a majority of less than 80% (receiving votes in favour of 77.12%).
The Board confirms that it will consult and engage with the relevant shareholders to understand and discuss their concerns with respect to these resolutions. In accordance with the provisions of the AIC Code of Corporate Governance (published in February 2019), an update will be provided within six months of the AGM.
Under Listing Rule 9.6.2, the resolutions passed as Special Business will be submitted to the Financial Conduct Authority and will shortly be available via the National Storage Mechanism, which is located at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The complete poll results will be available shortly on the Company's website at www.epgot.com.
21 April 2021
Legal Entity Identifier: 2138005T5CT5ITZ7ZX58
Enquiries:
Kenneth J Greig
Edinburgh Partners AIFM Limited
Tel: 0131 270 3800
The Company’s registered office address is:
27-31 Melville Street
Edinburgh
EH3 7JF
