HERALD INVESTMENT TRUST PLC
LEI: 213800U7G1ROCTJYRR70
Result of AGM
Herald Investment Trust plc (the "Company") is pleased to announce that Resolutions 1 to 2 and 4 to 12 put forward at its Annual General Meeting ("AGM") held earlier today were passed. Every resolution put forward passed with in excess of 96% of votes cast being cast in favour. Resolution 3, being the re-election of Ian Russell who resigned from the Board on 1 March 2021, was retracted prior to the AGM.
As announced on the 26 February 2021, in response to the COVID-19 crisis and UK Government stay at home measures and restrictions on public gatherings, the Annual General Meeting was a closed meeting with shareholders voting in advance by proxy.
The text of all the resolutions is contained in the notice of meeting in the Company's Annual Report for the year ended 31 December 2020.
The proxy votes received were as follows:
| Resolution |
In favour/ Discretionary** |
Against |
Withheld |
|||
| 1 |
To receive and adopt the directors' report, the Annual Report for the year ended 31 December 2020. |
33,469,579 |
99.99% |
1,402 |
0.01% |
82 |
| 2 |
To approve the directors' remuneration report for the year ended 31 December 2020. |
33,430,087 |
99.90% |
34,490 |
0.10% |
6,486 |
| 3 |
Retracted |
N/A |
N/A |
N/A |
N/A |
N/A |
| 4 |
To re-elect Stephanie Eastment. |
33,457,329 |
99.97% |
6,496 |
0.02% |
6,928 |
| 5 |
To re-elect Tom Black. |
33,239,433 |
99.32% |
224,021 |
0.67% |
7,299 |
| 6 |
To re-elect Karl Sternberg. |
33,177,489 |
99.14% |
285,965 |
0.85% |
7,299 |
| 7 |
To re-elect James Will. |
33,456,640 |
99.97% |
6,814 |
0.02% |
7,299 |
| 8 |
To re-elect Henrietta Marsh. |
33,457,329 |
99.97% |
6,496 |
0.02% |
6,928 |
| 9 |
To re-appoint PricewaterhouseCoopers LLP as independent auditor to the Company. |
32,208,957 |
96.27% |
1,249,138 |
3.73% |
12,968 |
| 10 |
To authorise the audit committee to determine the remuneration of the independent auditor. |
33,464,607 |
99.98% |
5,546 |
0.02% |
910 |
| 11 |
To authorise the Company to repurchase its shares.* |
33,465,434 |
99.99% |
1,904 |
0.01% |
3,725 |
| 12 |
That a general meeting be called on not less than 14 clear days' notice.* |
33,333,180 |
99.59% |
136,651 |
0.41% |
1,232 |
*Special resolutions
** Chairman's discretionary votes included
On the record date for voting at the meeting, the Company's issued share capital was 65,036,519 ordinary shares, therefore, the total number of ordinary shares with voting rights in the Company was 65,036,519.
Copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
20 April 2021
Enquiries
PraxisIFM Fund Services (UK) Limited
Brian Smith/ Jenny Thompson 02045139266
Company Secretary
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