Last checked at 
25 Apr 2023 16:13
25 April 2023
Annual General Meeting
Schroder Asian Total Return Investment Company plc (the "Company") announces that at the Annual General Meeting held today, all 13 resolutions were passed on a poll.
The full text of the resolutions is contained in the Notice of Annual General Meeting in the Company's Annual Report for the year ended 31 December 2022 available on the Company's website at https://www.schroders.com/en-gb/uk/individual/funds-and-strategies/investment-trusts/schroder-asian-total-return-investment-company-plc/.
As set out in the Company's Annual Report for the year ended 31 December 2022, Mr Holt retired from the Board immediately following the Annual General Meeting. With immediate effect, Mr Judd succeeded Mr Holt as Chairman of the Audit and Risk Committee.
The proxy votes received in respect of the resolutions are set out below:
Resolution | For | % | Against | % | Withheld | % of ISC
| |
1 | To receive the Annual Report & Accounts | 47,951,356 | 99.98 | 11,369 | 0.02 | 10,150 | 46.15 |
2 | To approve the final dividend | 47,946,858 | 99.99 | 2,500 | 0.01 | 23,517 | 46.14 |
3 | To approve the Remuneration Policy | 47,868,682 | 99.91 | 45,056 | 0.09 | 59,137 | 46.10 |
4 | To approve the Remuneration Report | 47,880,499 | 99.92 | 39,127 | 0.08 | 53,249 | 46.11 |
5 | To re-elect Mr Andrew Cainey | 47,344,516 | 98.74 | 604,351 | 1.26 | 24,008 | 46.14 |
6 | To re-elect Mrs Caroline Hitch | 47,366,071 | 98.78 | 582,796 | 1.22 | 24,008 | 46.14 |
7 | To re-elect Mrs Sarah MacAulay | 45,499,506 | 94.89 | 2,449,361 | 5.11 | 24,008 | 46.14 |
8 | To elect Mr Jasper Judd | 47,911,278 | 99.93 | 35,707 | 0.07 | 25,890 | 46.13 |
9 | To re-appoint Ernst & Young LLP as auditor | 47,917,408 | 99.91 | 44,117 | 0.09 | 11,350 | 46.15 |
10 | To approve the auditor's remuneration | 47,943,590 | 99.97 | 13,810 | 0.03 | 15,475 | 46.14 |
11 | To renew the authority to allot shares | 47,920,810 | 99.94 | 26,552 | 0.06 | 25,513 | 46.13 |
12* | To approve the disapplication of pre-emption rights | 47,818,154 | 99.73 | 127,891 | 0.27 | 26,830 | 46.13 |
13* | To renew the authority to purchase own shares | 47,851,686 | 99.77 | 110,769 | 0.23 | 10,420 | 46.15 |
*Resolutions 12 and 13 were passed as special resolutions.
A copy of the resolutions passed as special business will shortly be submitted to the National Storage Mechanism, and available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The proxy votes lodged with the Registrar will shortly be available via the Company's website at: https://www.schroders.com/en-gb/uk/individual/funds-and-strategies/investment-trusts/schroder-asian-total-return-investment-company-plc/.
The total number of ordinary shares of 5p each in issue, at the time of the meeting was 109,114,651 of which 5,375,701 were held in treasury. Therefore, the total number of ordinary shares with voting rights was: 103,738,950. Shareholders are entitled to one vote per share. Votes withheld are not a vote in law and are therefore not counted in the calculation of the percentages of the votes cast for and against a resolution. Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and their shares have been included in the "votes for" column.
Enquiries:
Kerry Higgins
Schroder Investment Management Limited
0207 6586189