STANDARD LIFE PRIVATE EQUITY TRUST PLC
Legal Entity Identifier (LEI): 2138004MK7VPTZ99EV13
23 March 2021
Result of Annual General Meeting
Standard Life Private Equity Trust plc (the "Company") hereby gives notification that, at the Annual General Meeting ("AGM") of the Company held earlier today, Tuesday 23 March 2021, all the Resolutions as set out in full in the Notice of Meeting included within the Annual Report and available on the Company's website, www.slpet.co.uk* were duly passed on a show of hands, exception Resolution 4.
Resolution 4 was withdrawn by the Chair and not put to a vote of shareholders at the AGM following Jonathon Bond's intimation that he intended to resign as a Director of the Company for personal reasons. Following the withdrawal of the resolution, Mr Bond did not seek re-election to the Board and resigned with effect from the conclusion of the AGM on 23 March 2021.
The Board wishes to thank Mr Bond for his considerable contribution to the Company and wishes him well in his future endeavours.
The total number of proxy votes lodged for the Annual General Meeting were as follows:
|
|
For and Discretionary |
Against |
Votes |
Total Votes |
||
| Resolution Number |
No. of Votes |
% of Votes Cast |
No. of Votes |
% of Votes Cast |
Withheld |
(excluding Votes Withheld) |
| 1. Receive Report & Accounts |
112,203,115 |
100.00 |
0 |
0.00 |
4,277 |
112,203,115 |
| 2. Approve Directors' Remuneration Report |
112,075,859 |
99.91 |
103,240 |
0.09 |
28,292 |
112,179,099 |
| 3. Approve Company's Dividend Policy |
112,198,787 |
100.00 |
0 |
0.00 |
8,605 |
112,198,787 |
| 4. Re-elect Mr Bond |
Resolution Withdrawn |
|||||
| 5. Re-elect Mr Devine |
112,144,566 |
100.00 |
1,712 |
0.00 |
61,113 |
112,146,278 |
| 6. Re-elect Ms McComb |
112,135,657 |
100.00 |
1,947 |
0.00 |
69,787 |
112,137,604 |
| 7. Re-elect Ms Seymour-Williams |
112,144,500 |
100.00 |
1,778 |
0.00 |
61,113 |
112,146,278 |
| 8. Re-elect Mr Thomson |
112,069,200 |
99.94 |
70,669 |
0.06 |
67,523 |
112,139,869 |
| 9. Re-appoint BDO LLP as Auditor |
112,158,026 |
99.97 |
29,327 |
0.03 |
20,038 |
112,187,353 |
| 10. Remuneration of the Auditor |
112,164,087 |
99.99 |
7,258 |
0.01 |
36,047 |
112,171,345 |
| 11. Allotment of new equity |
112,099,685 |
99.95 |
58,008 |
0.05 |
49,699 |
112,157,693 |
| 12. Disapply pre-emption rights |
112,070,816 |
99.91 |
97,790 |
0.09 |
38,786 |
112,168,606 |
| 13. Authorise market purchases of ordinary shares |
109,657,928 |
97.74 |
2,540,679 |
2.26 |
8,784 |
112,198,607 |
| 14. Approve holding meetings on less than 14 days' notice |
112,050,074 |
99.88 |
136,621 |
0.12 |
20,696 |
112,186,695 |
| 15. Approve new Articles of Association |
112,062,129 |
99.92 |
87,346 |
0.08 |
33,917 |
112,149,475 |
A presentation from the Manager will shortly be available on the Company's website.
A copy of the AGM resolutions which require to be lodged with the UKLA have been submitted to the National Storage Mechanism (NSM) and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism*
*Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.
For Standard Life Private Equity Trust plc
Aberdeen Asset Management PLC
Company Secretary
23 March 2021
Tel: 0131 372 2200
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