PR Newswire
LONDON, United Kingdom, September 24
LEI: 21380048Q8UABVMAG916
MITON UK MICROCAP TRUST PLC (the "Company")
Result of Annual General Meeting
The Company announces that at its Annual General Meeting held on 24 September 2024, all resolutions were passed on a show of hands.
The proxy votes received in relation to these resolutions were as follows:
Resolutions |
Votes For (including Chairman's Discretion)
|
% |
Votes Against |
% |
Votes withheld |
Resolution 1 |
29,858,603 |
99.91 |
26,793 |
0.09 |
13,970 |
Resolution 2 |
29,623,418 |
99.39 |
182,455 |
0.61 |
93,493 |
Resolution 3 |
29,646,252 |
99.45 |
164,621 |
0.55 |
88,493 |
Resolution 4 |
23,522,652 |
78.92 |
6,283,221 |
21.08 |
93,493 |
Resolution 5 |
29,648,796 |
99.46 |
162,077 |
0.54 |
88,493 |
Resolution 6 |
23,502,652 |
78.85 |
6,303,221 |
21.15 |
93,493 |
Resolution 7 |
29,723,432 |
99.64 |
106,252 |
0.36 |
69,682 |
Resolution 8 |
29,840,562 |
99.85 |
44,796 |
0.15 |
14,008 |
Resolution 9 |
29,836,146 |
99.87 |
37,408 |
0.13 |
25,812 |
Resolution 10 |
28,558,806 |
95.53 |
1,336,648 |
4.47 |
3,912 |
Resolution 11 |
28,461,716 |
95.34 |
1,390,538 |
4.66 |
47,112 |
Resolution 12 |
29,798,848 |
99.78 |
66,785 |
0.22 |
33,733 |
Resolution 13 |
29,801,643 |
99.83 |
52,190 |
0.17 |
45,533 |
Significant Votes Against:
The Board is pleased that all resolutions were duly passed but notes the proportion of votes cast against Resolutions 4 and 6, the re-election of Peter Dicks and the re-election of Ashe Windham respectively, by shareholders was over 20%. Although the votes against the Resolutions represents 8.1% of the total voting rights of the Company, the views of all the Company's shareholders are extremely important to the Board and it will engage with investors on both resolutions to better understand the reasons behind their dissent. An update will be published on that engagement within six months.
The Board would like to remind shareholders that, as reported in the Company's annual report, Mr Dicks will be standing down as a Director on 31 December 2024.
Notes:
https://data.fca.org.uk/#/nationalstoragemechanism
Northern Trust Secretarial Services (UK) Limited
Company Secretary
24 September 2024