25 Jun 2019 14:26
25 June 2019
ABERDEEN NEW THAI INVESTMENT TRUST PLC ("the Company")
Result of Annual General Meeting
At the Annual General Meeting of Aberdeen New Thai Investment Trust PLC ("the Company") held on 25 June 2019 all resolutions, except Resolution 4, as set out in the Notice of Annual General Meeting contained in the Annual Report for the year ended 28 February 2019 (the "Annual Report"), were passed. Copies of the Notice of AGM and Annual Report are available from: newthai-trust.co.uk.
Further to the Company's announcement on 30 May 2019 relating to the resignation of Sarah McCarthy as a Director of the Company on 29 May 2019, Resolution 4 in the Notice of AGM was withdrawn by the Chairman and not put to a vote of shareholders at the AGM.
The Board advises that Clare Dobie, who was due to retire as a Director at the conclusion of the AGM as set out in the Annual Report, has agreed to remain as a Director to provide continuity.
In relation to Resolutions 10 and 11 (authorities to allot shares and to disapply pre-emption rights), the relevant figure was 1,655,093 Ordinary shares, being the lower of 10% of the Ordinary shares in issue as at the date of the AGM Notice and as at the date of passing of the resolutions at the AGM.
In relation to Resolution 12 (authority to make market purchases of Ordinary shares), the relevant figure was 2,480,984 Ordinary shares, being the lower of 14.99% of the Ordinary shares in issue at the date of the AGM Notice and as at the date of passing of the Resolution at the AGM.
The total number of proxy votes lodged was as follows:
For and Discretionary | Against | Votes | Total Votes | |||
Resolution | No. of | % of | No. of | % of | Withheld | (excluding Votes Withheld) |
Number | Votes | Votes Cast | Votes | Votes Cast | ||
1 | 11,875,419 | 99.0 | 115,850 | 1.0 | 2,543 | 11,991,269 |
2 | 11,869,457 | 99.0 | 120,702 | 1.0 | 3,653 | 11,990,159 |
3 | 11,859,438 | 98.9 | 133,462 | 1.1 | 912 | 11,992,900 |
4 | 8,592,425 | 98.6 | 121,911 | 1.4 | 3,279,476 | 8,714,336 |
5 | 10,925,627 | 91.2 | 1,059,613 | 8.8 | 8,572 | 11,985,240 |
6 | 10,931,258 | 91.2 | 1,054,049 | 8.8 | 8,505 | 11,985,307 |
7 | 10,931,603 | 91.2 | 1,053,637 | 8.8 | 8,572 | 11,985,240 |
8 | 11,875,201 | 99.0 | 116,742 | 1.0 | 1,869 | 11,991,943 |
9 | 11,869,483 | 99.0 | 115,839 | 1.0 | 8,490 | 11,985,322 |
10 | 11,856,242 | 98.9 | 133,272 | 1.1 | 4,298 | 11,989,514 |
11 | 11,844,182 | 98.8 | 143,528 | 1.2 | 6,102 | 11,987,710 |
12 | 11,855,011 | 98.9 | 135,758 | 1.1 | 3,043 | 11,990,769 |
Copies of Resolutions 10, 11 and 12 will shortly be submitted to the National Storage Mechanism ("NSM") and available for inspection at: www.morningstar.co.uk/uk/NSM*.
*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.
Enquiries:
Aberdeen Asset Management PLC
Secretaries
Tel. 0131 528 4000