Register
Login:
Share:
Email Facebook Twitter


London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England


Regulatory News


Result of AGM

Thu, 16th May 2019 14:27


RNS Number : 3067Z
Highcroft Investments PLC
16 May 2019

Annual General Meeting 2019

Highcroft Investments plc

(the "Company" or "Highcroft")

Results of the Annual General Meeting held on 16 May 2019

Highcroft announces that at its Annual General Meeting, which was held at 12.00 today, all the proposed resolutions were duly approved by the shareholders by way of a poll. Resolutions 1 to 11 were proposed as ordinary resolutions and resolutions 12 and 13 were proposed as special resolutions. The voting results are set out below and are also available on the Company's website at www.highcroftplc.com.

Under the Financial Conduct Authority's Listing Rules, because the Kingerlee Concert Party is classed as a "controlling shareholder" (defined as a person who exercises or controls, on their own or together with any other person with whom they are acting in concert, 30% or more of the voting rights in the Company) a resolution for the election and re-election of independent directors must be approved by an ordinary resolution of, the shareholders and separately approved by, those shareholders who are not controlling shareholders (the "Independent Shareholders").

Accordingly the results below show the voting by all shareholders and, separately, on resolutions 4 and 8 only, the voting by the Independent Shareholders (which excludes the voting interest of the Kingerlee Concert Party, as controlling shareholder, holding 2,164,466 ordinary shares which represents 41.89% of the issued ordinary share capital of the Company).



In favour

Against



RESOLUTION

Votes

%age

Votes

%age

Withheld

1

To receive and consider the report and accounts for the year ended 31 December 2018.

1,993,645

100

0

0

0

2

To approve a final property income distribution of 33.75p per share on the ordinary shares of the Company for the year ended 31 December 2018 to be paid on 31 May 2019 to shareholders on the register of members on 3 May 2019.

1,993,645

100

0

0

0

3

In accordance with the Companies Act 2006, to approve, on an advisory only basis the directors' remuneration report, excluding the part containing the directors' remuneration policy, contained in the annual report for the year ended 31 December 2018.

1,993,645

100

0

0

0

4

To approve the director's remuneration policy contained in the annual report for the year ended 31 December 2018, in accordance with section 439A of the Companies Act 2006.

1,993,645

100

0

0

0

5

To approve the Company's new incentive plan and to authorise the directors to do all such things to carry the plan into effect.

1,993,645

100

0

0

0

6

To re-elect Charles Butler as a director of the Company.

1,993,645

100

0

0

0

7

To re-elect Simon Gill as a director of the Company.

1,993,645

100

0

0

0

8

To re-elect David Kingerlee as a director of the Company.

1,993,645

100

0

0

0

9

To re-elect Roberta Miles as a director of the Company.

1,993,645

100

0

0

0

10

To re-elect Simon Costa as a director of the Company.

1,993,645

100

0

0

0

11

To re- appoint Mazars LLP as auditor to hold office from the conclusion of the meeting to the conclusion of the next meeting at which accounts are laid before the Company and to authorise the directors to fix the remuneration of the auditor for the ensuing year.

1,993,645

100

0

0

0

12

To allot shares in the company up to an aggregate nominal amount of 64,591.

1,993,645

100

0

0

0

13

That a General Meeting of the Company (other than an Annual General Meeting) may be called on not less than 14 days' notice.

1,993,645

100

0

0

0

Votes of Independent Shareholders (excluding the voting interest of the Kingerlee Concert Party)



In favour

Against



RESOLUTION

Votes

%age

Votes

%age

Withheld

6

To re-elect Charles Butler as a director of the Company.

365,034

100

0

0

0

10

To re-elect Simon Costa as a director of the Company.

365,034

100

0

0

0

Notes:

(a) The votes in favour include those votes giving the Chairman discretion.

(b) A vote withheld is not a vote in law and is not counted in the votes for or against a resolution.

Enquiries:

Highcroft Investments PLC

Charles Butler/Roberta Miles 01865 840023

Panmure Gordon (UK) Limited

Fabien Holler 020 7886 2500


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.
END
RAGUNUORKVAVAAR





Back to Regulatory News


Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk




Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.